Score

1.27 /10
Danger

MALEYAT

South Africa

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.14

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Regulatory disclosure

Danger

AE SCA
2024-05-22

Broker Information

More

Company Name

Maleyat group (PTY) LTD

Company Abbreviation

MALEYAT

Platform registered country and region

South Africa

Company website

X

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2025-01-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
MALEYAT · Company summary
AspectInformation
Registered Country/AreaSouth Africa
Company NameMALEYAT Group (PTY) LTD
RegulationFinancial Sector Conduct Authority (FSCA)
Maximum LeverageUp to 1:500
SpreadsStarting from 0.0 pips
Trading PlatformsMaleyat Web Trader
Tradable AssetsForex, Indices, Commodities, Cryptocurrencies, Stocks, Metals
Account TypesRisk-Free Demo, Standard, Premier, Elite
Demo AccountAvailable
Customer Support24/5 availability, phone, email, contact form, South Africa HQ
Payment MethodsCredit Cards, eWallets, Bank Transfers, Local Solutions, Cryptocurrency Wallets
Educational 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.

Overview

Regulation

MALEYAT operates under the regulatory oversight of the Financial Sector Conduct Authority (FSCA). However, the regulatory status is suspicious clone.

image.png

Pros and Cons

ProsCons
  • Competitive leverage options up to 1:500
  • Spreads and commissions vary based on account type
  • Multiple account types to accommodate various traders
  • Multiple contact methods, including phone, email, and a form
  • User-friendly trading platform with real-time data
  • Comprehensive customer support with 24/5 availability

Market 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:

  1. 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.
  2. 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.
  3. 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).
  4. 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.
  5. 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.
  6. 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.
Market Instruments

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 Account
CommissionZero commission*Zero commission*$2.5 per standard lot per side
Minimum DepositNo minimum deposit$5,000Elite deposit requirements apply
LeverageUp to 1:500Up to 1:500Up to 1:500
Ideal ForNew to intermediate tradersHigh-volume tradersHigh-net-worth individuals and institutional traders
SpreadsAverage 1.4 pipsFrom 0.9 pipsRaw spreads from 0.0 pips
Trade SizeFrom 0.01 lotsFrom 0.01 lotsFrom 0.01 lots
PlatformMT5MT5MT5
TechnologyECN with Tier 1 liquidityECN with Tier 1 liquidityECN with Tier 1 liquidity
ExecutionNo dealing desk interventionNo dealing desk interventionNo dealing desk intervention
Analysis ToolsN/A80+ Technical toolsPersonalized advanced market analysis
Additional PerksLow rates, no signup feesFree Premier welcome packageFree Elite welcome package, VPS, advanced tools, Elite Maleyat Club membership
StrategiesAll strategies allowedAll strategies allowedAll strategies allowed
Manager SupportN/AN/ADedicated relationship manager
Swap-Free OptionAvailable for Islamic accountsAvailable for Islamic accountsAvailable for Islamic accounts
Account Types

Leverage

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 Mastercard
  • eWallets: PayPal, Skrill, Neteller, and more
  • Bank Transfers: Wire transfers for reliable funding
  • Local Solutions: Regional payment methods
  • Cryptocurrency Wallets: Bitcoin, Ethereum, and other digital assets

Withdrawal Methods:

  • Bank Transfers: Secure transfers to access funds
  • eWallets: Quick access to profits
  • Credit Cards: Withdraw to credit cards if used for deposits
  • Cryptocurrency Wallets: Withdraw to crypto wallets for digital asset deposits
Deposit & Withdrawal

Trading 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.

Trading Platforms

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.

image.png

User Reviews

More

User comment

6

Comments

Write a review

Sophian
more than one year
MALEYAT's got a bunch of cool things to trade, and they let you try it all out with a demo account first. That's awesome for beginners who wanna get a feel for the platform without putting any money on the line. Definitely worth checking out!
MALEYAT's got a bunch of cool things to trade, and they let you try it all out with a demo account first. That's awesome for beginners who wanna get a feel for the platform without putting any money on the line. Definitely worth checking out!
Translate to English
2024-07-09 12:27
Reply
0
0
nooo
more than one year
Started with this broker on a skeptical note but their research team really helped turn things around for me. Managed to recover previous losses and now making some decent side income from forex. Just be patient and make sure you get good guidance.
Started with this broker on a skeptical note but their research team really helped turn things around for me. Managed to recover previous losses and now making some decent side income from forex. Just be patient and make sure you get good guidance.
Translate to English
2024-06-17 16:25
Reply
0
0
1