Note: Mauli Capital Limited's official site - https://www.maulicapital.com/index.php is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
What is Mauli Capital Limited？
Mauli Capital Limited is an unregulated financial services provider that offers trading opportunities across various asset classes, including currencies, stocks, cryptocurrencies, gold, and indices. The company provides a user-friendly MetaTrader 5 (MT5) trading platform, allowing clients to access advanced charting tools, technical indicators, and automated trading features.
Pros & Cons
Pros:
Multiple Market Instruments: The platform offers diverse Market Instruments, including Currency, Stocks, Crypto, Gold, Indices, catering to various trading needs and experience levels.
Multiple Customer Support Channels: Mauli Capital Limited provides various customer support channels including phone, email, and address, enhancing accessibility and assistance for clients.
Cons:
No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform.
Lack of Information: The company's website is non-functional, suggesting a lack of transparency and reliability. The lack of comprehensive information about trading instruments, fees, and account details hinders informed decision-making and fuels suspicion.
Is Mauli Capital Limited Legit or a Scam？
Mauli Capital Limited currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.
Market Instruments
Mauli Capital Limited presents a diverse array of trading instruments spanning various asset classes, catering to the diverse needs and preferences of traders. Among these offerings are currencies, providing traders with opportunities to engage in forex trading across major, minor, and exotic currency pairs.
Additionally, clients can explore trading opportunities in stocks, enabling them to invest in leading companies across global stock exchanges. For those interested in the burgeoning cryptocurrency market, Mauli Capital Limited offers access to popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin, allowing traders to speculate on digital asset price movements.
Moreover, traders can diversify their portfolios with trading options in gold, a traditional safe-haven asset, and indices, providing exposure to broader market trends and sectors.
Account Types
Mauli Capital Limited caters to a diverse range of traders by offering multiple account types designed to suit different trading styles and preferences. Among these are the ECN, ELITE, and PRO accounts, each tailored to meet varying needs.
The ECN account is ideal for traders seeking tight spreads and fast execution, providing access to competitive market pricing. The ELITE account offers enhanced features and benefits, catering to more experienced traders who require advanced tools and resources. Lastly, the PRO account is designed for seasoned professionals looking for maximum flexibility and customization options.
Despite their differences, all account types share a common trait: a low minimum deposit requirement of just $10, ensuring accessibility for traders of all levels.
Leverage
CITY POINT TRADING provides varying leverage ratios across different accounts and instruments.
For Forex trading, the Retail Account offers a leverage ratio of 1:30, while the Professional Account provides a more flexible leverage of 1:200.
When it comes to Indices trading, the Retail Account offers a leverage ratio of 1:20, whereas the Professional Account provides a higher leverage of 1:200.
For trading Commodities, the Retail Account offers a leverage ratio of 1:20, while the Professional Account provides a leverage of 1:100, offering more leverage for professional traders.
Spreads
Mauli Capital Limited prides itself on offering competitive spreads to its clients, with the EUR/USD spread starting from as low as 1.6 pips. The tight spread enhances trading efficiency and reduce trading costs, allowing traders to execute their strategies with precision and confidence.
Trading Platform
Mauli Capital Limited stands out for its provision of the MetaTrader 5 (MT5) trading platform, a renowned and sophisticated tool in the financial markets. With MT5, clients of Mauli Capital Limited gain access to a comprehensive suite of features designed to enhance their trading experience. This platform offers a user-friendly interface coupled with advanced charting tools, technical indicators, and analytical resources.
Traders can execute trades with precision and efficiency, utilizing various order types and risk management tools available on the MT5 platform. Furthermore, MT5 supports automated trading through expert advisors (EAs), enabling traders to implement automated trading strategies and backtest their approaches for optimized performance.
Deposits & Withdrawals
Mauli Capital Limited offers various deposit and withdrawal methods with varying processing times and fees. Deposits via credit card are the fastest, with instant crediting and free withdrawals. Bank wires take the longest (2-5 business days), while online payment services like PayPal, Skrill, and Neteller offer 1-hour processing times and a 2% withdrawal fee. Crypto deposits and withdrawals take 24 hours, with fees depending on the specific cryptocurrency.
Customer Service
Mauli Capital Limited provides a comprehensive and accessible customer support network (24/5). Their support team can be reached through different channels for ultimate convenience.
Phone: +971 501092032
Email:admin@maulicapital.com
Address: 71 - 75 SHELTON STREET, LONDON, ENGLAND WC2H 9JQ. Office-302 ATRIUM CENTER, 317-301 KH.WALEED RD,PREMISE NUMBER : 317082388, Dubai, UNITED ARAB EMIRATES
Conclusion
In conclusion, Mauli Capital Limited provides an assortment of trading opportunities, suitable for various types of traders. It offers many account types with high leverage, a broad range of market instruments, and multiple customer support channels.
However, its unregulated status raises significant concerns about its safety and legitimacy. Its inaccessible website can hinder a trader's decision-making process.
Frequently Asked Questions (FAQs)
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
2023-03-29 16:16
