Score

2.03 /10
Danger

MAHFAZA

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.09

Risk Management Index0.00

Software Index7.40

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

MAHFAZA

Company Abbreviation

MAHFAZA

Platform registered country and region

Jordan

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

MAHFAZA · Company summary
MAHFAZAReview Summary
Founded/
Registered Country/RegionJordan
RegulationNo regulation
Market InstrumentsForex, crosses, indices, commodities
Demo Account
Leverage/
EUR/USD SpreadFrom 0.5 pips
Trading PlatformMT5
Min Deposit/
Customer SupportContact form
Tel: +962 6 560 9000
Fax: +962 6 560 9001
Email: mahfaza@mahfaza.com.jo

MAHFAZA Information

MAHFAZA is an unregulated broker registered in Jordan , offering trading in forex, crosses, indices and commodities with spread from 0.5 pips through the MT5 trading platform.

MAHFAZA's homepage

Pros and Cons

Pros Cons
Diverse trading assetsNo regulation
Demo accountsUnclear leverage
Multiple account typesNo info on deposits and withdrawals
No commissions
MT5 platform

Is MAHFAZA Legit?

No. MAHFAZA has no valid regulations currently. Please be aware of the risk!

No license

What Can I Trade on MAHFAZA?

Tradable Instruments Supported
Forex
Crosses
Indices
Commodities
Stocks
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on MAHFAZA?

Account Type/Fees

Mahfaza offers three account types: Mahfaza Account, Trader Account and Pro Account.

Account TypeEUR/USD Spread Commission
Mahfaza From 1.5 pips
TraderFrom 0.8 pips
Pro From 0.5 pips
Account Type

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5/Experienced traders
MT4Beginners

User Reviews

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User comment

1

Comments

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山河59849
more than one year
Good Broker. It is one of the best brokers in the world in terms of customer support service, quality and financial security. An enjoyable trading experience.
Good Broker. It is one of the best brokers in the world in terms of customer support service, quality and financial security. An enjoyable trading experience.
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2022-12-20 12:35
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