Search

MAOLI FX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website --, about the company's legal and temporary regulatory information, the company's address .

MAOLI FX Forex Broker

Basic Information

Registered Region
China
Operating Period
--
Company Name
MAOLI FX
Abbreviation
MAOLI FX
Company employee
--
Customer Service Email Address
info@mlzbgroups.com
Company Website
--
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

  

Maoli FX Broker - Complete Information Guide

  

1. Broker Overview

  Maoli FX is a forex brokerage firm that has been operational for approximately 2 to 5 years. The company is registered in China and primarily serves the Chinese market. It operates as a private entity, focusing on retail forex trading services. The firm has positioned itself within the competitive landscape of forex trading, aiming to cater to individual traders seeking access to foreign exchange markets.

  The development of Maoli FX has been marked by its commitment to providing trading solutions tailored to the needs of its clients. The firm utilizes MetaTrader 4 and 5, popular trading platforms that offer advanced charting and analysis tools. The business model of Maoli FX is centered around retail forex trading, where individual traders can engage in currency pair trading and potentially profit from market fluctuations.

  Maoli FX has established itself as a notable player in the forex market, although it has faced scrutiny regarding its regulatory status. The firm has been characterized by its focus on the Chinese market and its efforts to provide competitive trading conditions for its clients. As the forex industry continues to evolve, Maoli FX aims to adapt to changing market dynamics and client needs, positioning itself for future growth.

  

2. Regulation and Compliance Information

  Maoli FX operates without any regulatory oversight, which raises significant concerns regarding its legitimacy and the safety of client funds. The company does not hold any licenses from recognized regulatory authorities, which is a critical factor for traders considering where to invest their capital. The absence of regulation means that Maoli FX is not subject to the strict compliance requirements that regulated brokers must adhere to, including:

  • Client funds segregation policies: Regulated brokers are required to keep client funds in separate accounts to protect them in the event of insolvency.
  • Investor compensation schemes: Many regulatory bodies offer compensation schemes that protect clients in case of broker failure, which Maoli FX does not provide.
  • KYC and AML compliance measures: While regulated brokers must implement Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Maoli FX's lack of regulation suggests potential gaps in these critical areas.

  The absence of a regulatory number and the lack of transparency regarding its operational practices warrant caution for potential clients considering Maoli FX as their trading platform.

  

3. Trading Products and Services

  Maoli FX offers a variety of trading products primarily focused on forex currency pairs. The broker provides access to a range of major, minor, and exotic currency pairs, allowing traders to diversify their portfolios. However, specific details regarding the total number of currency pairs available are not explicitly stated.

  In addition to forex trading, Maoli FX may offer Contracts for Difference (CFDs) on various assets, including indices and commodities. However, the exact categories of CFDs available and any unique products or trading instruments have not been clearly outlined in the available information.

  The firm appears to focus on providing retail trading services, catering to individual traders looking to engage in the forex market. There is no indication of institutional services or asset management offerings, which limits the scope of its client base to retail traders. Maoli FX also operates a white label solution, which suggests that it may provide its trading platform to other entities under different branding.

  

4. Trading Platforms and Technology

  Maoli FX supports MetaTrader 4 and 5, widely recognized trading platforms that offer traders advanced features for market analysis and trading execution. These platforms are known for their user-friendly interfaces and comprehensive tools, making them suitable for both novice and experienced traders.

  The firm does not appear to have developed its proprietary trading platform, focusing instead on the established MetaTrader platforms. Additionally, there is no mention of a web-based trading platform or mobile applications for iOS and Android, which can limit accessibility for traders who prefer to trade on the go.

  Execution modes are not explicitly detailed, but Maoli FX is likely to operate under a market-making model, given its lack of regulatory oversight. The firm's server location and technological infrastructure details are also not provided, which could impact the trading experience regarding execution speed and reliability.

  API access and support for automated trading are not mentioned, indicating that traders may have limited options for algorithmic trading strategies.

  

5. Account Types and Trading Conditions

  Maoli FX offers several account types to cater to different trading needs, although specific details about each account type are limited. The standard account conditions typically include:

  • Minimum deposit requirements: Not specified in the available information.
  • Spreads and commissions: The exact spread and commission structure are not detailed, which raises concerns about transparency.

  There may be advanced account types available for professional traders, but specific information on VIP or professional accounts is lacking. Additionally, the availability of special accounts, such as Islamic accounts, has not been confirmed.

  The firm does not provide a demo account policy, which is crucial for traders to practice and familiarize themselves with the trading platform before committing real funds. The leverage offered by Maoli FX is also unspecified, leaving potential clients uncertain about their trading capacity.

  

6. Fund Management

  Maoli FX supports various deposit methods, although specific options are not detailed in the available information. Common methods in the industry typically include:

  • Bank transfers
  • Credit/debit cards
  • E-wallets

  The minimum deposit requirements for different account types are unclear, and potential clients should seek clarification directly from the broker.

  Deposit processing times and any associated fees are not provided, which can affect a trader's decision to fund their account. Withdrawal methods and any restrictions on withdrawals have also not been disclosed, raising concerns about the ease of accessing funds.

  Withdrawal processing times and fee structures are similarly absent, which could indicate potential delays or costs that traders might incur when trying to withdraw their profits.

  

7. Customer Support and Educational Resources

  Maoli FX offers customer support through various channels, including:

  • Email
  • Online chat
  • Social media

  However, specific details about service hours and time zone coverage are not provided, which could impact the responsiveness of support for clients in different regions.

  The broker's support may not be available in multiple languages, limiting accessibility for non-Chinese speaking clients. Educational resources offered by Maoli FX are not specified, which is a critical aspect for traders seeking to enhance their trading knowledge and skills.

  Market analysis services, such as daily analyses, news updates, and research reports, are also not mentioned, indicating a potential gap in the support provided to traders. The availability of trading tools, such as calculators and economic calendars, remains unclear.

  

8. Regional Coverage and Restrictions

  Maoli FX primarily serves the Chinese market, focusing its efforts on local traders. The firm has not disclosed the specific regions where it operates or any physical office locations outside of China.

  There are no explicit details about countries or regions where Maoli FX does not accept clients, which is important for potential traders to know before engaging with the broker. Additionally, any special restrictions that may apply to certain clients or regions have not been outlined, leaving potential clients with uncertainties about the broker's operational boundaries.

  In conclusion, while Maoli FX presents itself as a forex broker catering to the Chinese market, the lack of regulatory oversight, transparency regarding trading conditions, and limited information on customer support and educational resources raise significant concerns for potential clients. Traders are advised to exercise caution and conduct thorough research before engaging with Maoli FX broker.

MAOLI FX Similar Brokers

Revoked
Aperture
No license plate
1.53
Score
Revoked
KKR
KKR Forex Broker - Complete Information Guide   1. Broker Overview   KKR, offici
1.53
Score
ORYX
Oryx Forex Broker - Complete Information Guide   1. Broker Overview   Oryx, offi
1.53
Score
DBS
DBS Forex Broker - Complete Information Guide   1. Broker Overview   DBS Vickers
1.53
Score
Unverified
GSM
GSM Forex Broker - Complete Information Guide   1. Overview of the Broker   GSM,
1.54
Score
TMX
TMX Forex Broker - Complete Information Guide   1. Overview of TMX Broker   TMX,
1.53
Score
Dana
Dana Forex Broker - Complete Information Guide   1. Broker Overview   Dana Broke
1.54
Score
BingX
BingX Forex Broker - Complete Information Guide   1. Broker Overview   BingX, es
1.53
Score
Binary Options
Binary Options Brokers - Complete Information Guide   1. Overview of the Broker
1.53
Score
NetDania
NetDania Forex Broker - Complete Information Guide   1. Broker Overview   NetDan
1.53
Score
Clone Firm
CALIBUR
No license plate
1.53
Score
1.56
Score
1.56
Score
1.56
Score
1.56
Score
Over-Operation
Basis
No license plate
1.56
Score
Revoked
First Group
No license plate
1.57
Score
1.56
Score
1.56
Score
1.56
Score
Global Immense
Global Immense Forex Broker - Complete Information Guide   1. Broker Overview
1.56
Score
Revoked
DUBAI FXM
No license plate
1.56
Score
1.56
Score
Over-Operation
NP Financials
1.57
Score
Unverified
HA
No license plate
1.56
Score

Latest Reviews

俞chris22

俞chris22

Hong Kong

There was a 1400-pip slippage on EUR/USD with the platform since no fluctuation occurred on the real market. I suffered a loss of $65000. After that, the platform shirked the responsibility on the market maker. Victims can contact me. Let’s get united and take back our losses.

Exposure

2020-03-05

祥47466

祥47466

Hong Kong

The license and market data of the platform are all fake. In addition, I couldn’t withdraw the fund after making profits.

Exposure

2020-03-02

MAOLI FX Forex Broker has an overall rating of 1.53, Regulatory Index 0.00, License Index 0.00, Business Index 7.15, Software Index 4.00 Risk Control Index 0.00.