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Maleyat, a relatively new player in the online trading brokerage industry, was established in 2022. The company aims to provide comprehensive trading services across various financial markets, catering to both novice and experienced traders.
Maleyat operates under the ownership of Maleyat Group (Pty) Ltd, which is a registered entity in South Africa. This structure allows the company to leverage local regulations while expanding its services internationally.
The headquarters of Maleyat is located in the United Arab Emirates, specifically in Dubai. The registered office is at 57 Al Mehairi Building, Ras Al Khor, Dubai, UAE.
Maleyat offers trading services to clients globally, with a focus on regions that include the Middle East, Africa, and parts of Asia. However, it does not provide services to residents of certain countries, including the United States, Cuba, and North Korea.
Maleyat is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, holding license number 51598. This regulatory oversight is intended to ensure compliance with financial regulations and to promote transparency and security in trading operations.
Since its establishment, Maleyat has achieved several key milestones, including the launch of its proprietary trading platform, Maleyat Web Trader, and the introduction of various account types tailored to different trading needs.
Maleyat has strategically positioned itself to expand its services across multiple asset classes, including forex, stocks, and commodities. The company has also focused on enhancing its technological infrastructure to support efficient trading.
The company has experienced steady growth in its customer base, attracting both retail and institutional traders. This growth is attributed to its competitive trading conditions and user-friendly platform.
Maleyat's trading platform has evolved since its inception, incorporating advanced trading tools and features similar to popular platforms like MetaTrader 5 (MT5). The platform is designed to facilitate seamless trading experiences for users.
As a new entrant in the market, Maleyat has yet to receive significant industry awards or recognitions. However, its regulatory compliance and customer support have been positively noted in user reviews.
Maleyat offers a variety of forex trading options, providing access to over 50 currency pairs, including major, minor, and exotic pairs. This diversity allows traders to engage in various trading strategies based on market conditions.
The broker provides access to a selection of publicly traded stocks through Contracts for Difference (CFDs). This allows investors to speculate on price movements without owning the underlying assets.
In addition to forex and stocks, Maleyat offers a wide range of CFD trading products. Traders can access commodities, indices, and cryptocurrencies, providing a comprehensive trading experience.
Maleyat's offerings extend to cryptocurrencies, including popular digital assets like Bitcoin, Ethereum, and Ripple. Additionally, the broker allows trading in commodities such as crude oil and precious metals like gold and silver.
One of Maleyat's unique advantages is its zero-commission trading on various account types. The broker also provides a demo account for traders to practice without financial risk, which is particularly beneficial for beginners.
Maleyat is primarily regulated by the FSCA in South Africa. However, there have been concerns regarding its regulatory status, with claims that the FSCA license may be a clone. This raises potential risks for clients.
Maleyat operates as a legal entity under Maleyat Group (Pty) Ltd. The company's registration in South Africa allows it to offer services in compliance with local regulations, while its UAE headquarters supports its international operations.
To ensure client fund protection, Maleyat implements strict auditing protocols and utilizes tier-1 liquidity providers. However, detailed information about specific fund protection measures is limited.
Maleyat serves a global clientele, excluding residents from specific countries, including the United States, Cuba, and North Korea, among others. This selective service area is aligned with regulatory compliance.
The compliance history of Maleyat is under scrutiny due to warnings about its regulatory status. Prospective clients are advised to conduct thorough research and consider the associated risks before engaging with the broker.
Maleyat competes with several established brokers in the online trading space, including:
Maleyat positions itself as a multi-asset broker that caters to both beginners and experienced traders. Its focus on zero-commission trading and user-friendly platform aims to attract a diverse clientele.
Maleyat differentiates itself through its competitive leverage options (up to 1:500), a variety of account types, and a demo account for practice. However, concerns regarding its regulatory status may impact its positioning in the industry.
Maleyat has emerged as a promising online trading broker since its establishment in 2022. With a focus on providing diverse trading options and a user-friendly platform, it aims to cater to a wide range of traders. However, potential clients should remain cautious due to concerns about its regulatory status and compliance history. As the company continues to grow, it will be essential for Maleyat to address these issues to build trust and credibility in the competitive online trading landscape.
For more information about Maleyat and to explore their trading services, visit their official website here.