MALEYAT Forex Broker

AspectInformationRegistered Country/AreaSouth AfricaCompany NameMALEYAT Group (PTY) LTDRegulationFinancial Sector Conduct Authority (FSCA)Maximum LeverageUp to 1:500SpreadsStarting from 0.0 pipsTrading PlatformsMaleyat Web TraderTradable AssetsForex, Indices, Commodities, Cryptocurrencies, Stocks, MetalsAccount TypesRisk-Free Demo, Standard, Premier, EliteDemo AccountAvailableCustomer Support24/5 availability, phone, email, contact form, South Africa HQPayment MethodsCredit Cards, eWallets, Bank Transfers, Local Solutions, Cryptocurrency WalletsEducational ToolsLimited resources (not specified)Overview MALEYAT Group (PTY) LTD, based in South Africa, is a regulated forex broker operating under the oversight of the Financial Sector Conduct Authority (FSCA). The company offers a variety of account types, including a Risk-Free Demo Account, Standard, Premier, and Elite, each with varying minimum deposit requirements and leverage options of up to 1:500. Payment methods include credit cards, eWallets, bank transfers, local solutions, and cryptocurrency wallets.Regulation MALEYAT operates under the regulatory oversight of the Financial Sector Conduct Authority (FSCA). However, the regulatory status is suspicious clone.Pros and ConsProsConsCompetitive leverage options up to 1:500Spreads and commissions vary based on account typeMultiple account types to accommodate various tradersMultiple contact methods, including phone, email, and a formUser-friendly trading platform with real-time dataComprehensive customer support with 24/5 availabilityMarket Instruments MALEYAT offers a diverse range of market instruments to cater to the various investment and trading preferences of its clients. These market instruments include:Forex (Foreign Exchange): MALEYAT allows traders to participate in the global forex market, offering a wide range of currency pairs. Forex trading involves the exchange of one currency for another and is one of the largest and most liquid financial markets globally.Indices: MALEYAT provides access to a selection of major stock market indices, such as the S&P 500, Dow Jones Industrial Average, and NASDAQ. Trading indices allows investors to speculate on the overall performance of a specific group of stocks or the broader stock market. Commodities: MALEYAT offers commodities trading, allowing clients to trade a variety of raw materials and resources, including energy commodities (e.g., oil and natural gas), agricultural commodities (e.g., wheat and soybeans), and metals (e.g., gold and silver). Crypto (Cryptocurrencies): Cryptocurrency trading is available on MALEYAT's platform, enabling clients to trade digital assets like Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies. The crypto market is known for its high volatility and potential for significant price movements. Shares (Stocks): MALEYAT provides access to a selection of publicly traded company stocks from various global stock exchanges. Clients can invest in individual stocks, allowing them to participate in the ownership and potential growth of specific companies. Metals: In addition to precious metals like gold and silver, MALEYAT may offer trading in other metals such as copper and platinum. These metals are often used for industrial purposes and can also serve as a store of value.Account Types MALEYAT offers three expertly designed account types to cater to traders at every level, from novices to institutional professionals. The Standard Account is ideal for beginner to intermediate traders, providing zero commission, no minimum deposit, and competitive spreads starting from 1.4 pips. For high-volume traders, the Premier Account features tighter spreads from 0.9 pips, advanced analysis tools, and a complimentary welcome package with a minimum deposit of $5,000. The Elite Account, tailored for high-net-worth and institutional traders, delivers raw spreads from 0.0 pips, a dedicated manager, free VPS, advanced trading tools, and membership in the exclusive Maleyat Club. All accounts benefit from ultra-fast MT5 execution powered by ECN Tier 1 liquidity, no dealing desk intervention, and a swap-free option for Islamic accounts.FeatureStandard AccountPremier AccountElite AccountCommissionZero commission*Zero commission*$2.5 per standard lot per sideMinimum DepositNo minimum deposit$5,000Elite deposit requirements applyLeverageUp to 1:500Up to 1:500Up to 1:500Ideal ForNew to intermediate tradersHigh-volume tradersHigh-net-worth individuals and institutional tradersSpreadsAverage 1.4 pipsFrom 0.9 pipsRaw spreads from 0.0 pipsTrade SizeFrom 0.01 lotsFrom 0.01 lotsFrom 0.01 lotsPlatformMT5MT5MT5TechnologyECN with Tier 1 liquidityECN with Tier 1 liquidityECN with Tier 1 liquidityExecutionNo dealing desk interventionNo dealing desk interventionNo dealing desk interventionAnalysis ToolsN/A80+ Technical toolsPersonalized advanced market analysisAdditional PerksLow rates, no signup feesFree Premier welcome packageFree Elite welcome package, VPS, advanced tools, Elite Maleyat Club membershipStrategiesAll strategies allowedAll strategies allowedAll strategies allowedManager SupportN/AN/ADedicated relationship managerSwap-Free OptionAvailable for Islamic accountsAvailable for Islamic accountsAvailable for Islamic accountsLeverage MALEYAT offers its clients a maximum trading leverage of up to 1:500. Leverage in trading refers to the ability to control a larger position in the market with a relatively smaller amount of capital. In this case, a leverage ratio of 1:500 means that for every $1 of your own capital, you can control a position worth up to $500 in the market.Spreads and Commissions MALEYAT offers competitive commission and spread structures across its account types. The Standard Account and Premier Account both feature zero commission, with spreads starting from 1.4 pips and 0.9 pips, respectively. The Elite Account charges a commission of $2.5 per standard lot per side, offering raw spreads from 0.0 pips. Deposit & Withdrawal MALEYAT offers a variety of secure deposit and withdrawal methods to suit clients' needs. Deposit Methods:Credit Cards: Visa and MastercardeWallets: PayPal, Skrill, Neteller, and moreBank Transfers: Wire transfers for reliable fundingLocal Solutions: Regional payment methodsCryptocurrency Wallets: Bitcoin, Ethereum, and other digital assets Withdrawal Methods:Bank Transfers: Secure transfers to access fundseWallets: Quick access to profitsCredit Cards: Withdraw to credit cards if used for depositsCryptocurrency Wallets: Withdraw to crypto wallets for digital asset depositsTrading Platforms Maleyat Web Trader is a user-friendly and versatile online trading platform that provides traders with access to the financial markets directly from their web browsers.Customer Support Maleyat is available 24/5 to assist with any questions or concerns. Their registered office is located at 106, 4th Floor, TBE, 96 Rivonia Road, Sandton, Johannesburg, 2191, South Africa (FSCA Registered). They can be reached at +971 600 554 433 or +971 4 541 9002 for support.