Mahfaza Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-11-27 14:14Abstract：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.
| MAHFAZAReview Summary | |
| Founded | / |
| Registered Country/Region | Jordan |
| Regulation | No regulation |
| Market Instruments | Forex, crosses, indices, commodities |
| Demo Account | ✅ |
| Leverage | / |
| EUR/USD Spread | From 0.5 pips |
| Trading Platform | MT5 |
| Min Deposit | / |
| Customer Support | Contact 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.
Pros and Cons
| Pros | Cons |
| Diverse trading assets | No regulation |
| Demo accounts | Unclear leverage |
| Multiple account types | No 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!
What Can I Trade on MAHFAZA?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Crosses | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type/Fees
Mahfaza offers three account types: Mahfaza Account, Trader Account and Pro Account.
| Account Type | EUR/USD Spread | Commission |
| Mahfaza | From 1.5 pips | ❌ |
| Trader | From 0.8 pips | ❌ |
| Pro | From 0.5 pips | ❌ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | / | Experienced traders |
| MT4 | ❌ | Beginners |
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