mayzus Guide – Read our In-Depth mayzus Review
mayzus Rating: 6.5 / 10
Our proprietary rating algorithm takes all of our datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones.
This mayzus review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this mayzus review does not apply to users in BR, KR, IR, IQ, SY, JP, US
If you are a new entrant in the world of trading and broker, so many facts will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. You will get proficient at all of the concepts of brokerage as you keep trading. For starters, you need to select the ideal agent who'll be transparent with you always.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan will generate hefty returns. mayzus is one such stage that will take you and your investment into great heights. It is crucial that you know all about mayzus before you trust them with your cash.
mayzus Guide – Brief Overview
|mayzus Telephone Number:|
|mayzus Email Address:|
|Regulated By:||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F275|
|Number Of Clients:||150,000+ mayzus users and traders|
|mayzus Facebook Likes:||0|
|mayzus Twitter Followers:||0|
|mayzus Instagram Followers:||0|
Your capital is at risk
Our full mayzus Review covers all you need to know about trading with mayzus. A fantastic broker can multiply your first investments and provide you favorable profits. If you want to make profits, you must trade with a broker service that aligns with your investment goals.
There's absolutely no sure-fire way to ensure profits; thus, you must carefully assess your broker before you choose them. It is a common misconception that all brokers will be exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.
mayzus is a broker that has found its way successfully into the brokerage world. In this review, we've attempted to collate some of the important facets of mayzus. This review will help you to know whether mayzus is a fantastic match for your investments or not. We've tried to breakdown all of the qualities and charges for your advantage.
mayzus Review, Table Of Contents
- Who are mayzus?
- Benefits Of Trading With mayzus
- Everything you should know about trading with mayzus
- Is mayzus Safe To Trade With?
- Pro's & Con's Of Trading With mayzus?
- Compare Brokers Similar To mayzus
- Regulation And Licencing In More Detail
- mayzus Awards
- Minimum Deposit Required For A Live Account With mayzus
- mayzus Commission And Fees Explained
- Compare broker fees against mayzus
- mayzus Withdrawal Fees Explained
- mayzus Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With mayzus?
- Alternatives To mayzus
- Frequently Asked Questions About mayzus
Who are mayzus?
mayzus is a foreign exchange broker headquartered in Dubai and provides a variety of tools for online trading. Since its beginning in 2020, mayzus has emerged as a leading player in the field of online broker. mayzus includes a highly aggressive and full-featured trading site that's focused on forex, indices, metals, stocks and commodities.
Over the past 1 years, mayzus has grown into one of the leading online brokers.
After establishing in 2020, their client base has become as big as 150,000+ clients.
mayzus is a favorite of many dealers because of its negative balance protection. Our mayzus review discovered that they are an excellent alternative for automated trading solutions. It's best suited for investors that are looking for an assortment of assets. Social and automated trading solutions are the core at mayzus.
Technology plays a substantial role at mayzus. mayzus features trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps. mayzus is fair, transparent, and a well-regulated broker by the Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F275. Their outstanding array of resources will be beneficial for most traders. Third-party partnerships also supply in-house research.
The educational department at mayzus is very enlightening for new traders as it allows them to get a closer look in the financial markets. mayzus caters to all types of traders and are a must-have broker for any well-diversified approach to trading.
If you feel that mayzus is not right for you then at the bottom of this mayzus review you wil find a lot of alternatives to mayzus.
What you ought to know about trading using mayzus
mayzus is a lively platform that provides various procedures of trading. These tools cover the monetary markets substantially. The Majority of the broker platforms provide less methods than mayzus
If you would like to exchange with mayzus, you'll require a minimum deposit of $250. This deposit is required if you want to start trading with mayzus. This 2021 mayzus review will direct you safely about trading with them.
mayzus is as versatile as another brokerage platform. mayzus is ideal for traders who want a manageable selection of cheap services. The programs provided by mayzus are third-party, white-label offerings. All traders can choose out of MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
Together with everything, mayzus has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a trade has to be kept open. The brokers offer premium client service which rewards customers with advantages.
Many unethical brokers try to pressurise consumers into bigger financing for superior services. mayzus, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the more advantages will come along.
mayzus accounts are available globally and provides quality service everywhere they have customers. There are only a select few countries where mayzus accounts are not available. Traders in the following countries cannot open or use a mayzus account:
BR, KR, IR, IQ, SY, JP, US
Is mayzus Safe To Trade With?
Established in 2020, mayzus has been operating for 1 years, they are headquarted in Dubai.
mayzus is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F275. These figures have rules that ensure that trading platforms have ploicies in place to keep investor's assets procured. This means that mayzus users do not need to be worried about their money since it's segregated and safely stored in banks that are established. SSL encryption secures every user's private information also.
You are able to make use of an option for Two Factor Authentications (2FA) with mayzus for increased safety. An SMS with the confirmation code will be sent to your mobile phone. You'll be asked to input this code to log into your accounts.
Another concern with fiscal brokers is in respect to safety might be manipulation of trading. This is highly disadvantageous for consumers on those platforms. Nonetheless, this is more prevalent in the example of Market Maker agents who compete with customers on the platform.
Pro's & Con's Of Trading With mayzus
Every online trading platform has some pros and cons mayzus review would be complete without having a balanced approach. This mayzus review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
- mayzus is trusted by 150,000+ clients
- mayzus offers Negative Balance Protection
- mayzus offers Guaranteed Stop Loss
- mayzus doesn't charge inactivity fees
- mayzus doesn't charge CFD fees
- mayzus offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
- mayzus offer 158 trading instruments
- mayzus trades major forex pairs
- mayzus trades minor forex pairs
- mayzus trades exotic forex pairs
- mayzus offers trading on cryptocurrencies
- mayzus can communicate in English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
- mayzus charge withdrawal fees
- mayzus charge deposit fees
mayzus Review - Compare Brokers Similar To mayzus
|mayzus||Nabtrade||Go Markets||Bridges Financial Services|
|Rating||6.5 / 10||4.23 / 10||6.06 / 10||4.08 / 10|
|Regulated By||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F275||Unregulated||Australian Securities and Investment Commission (ASIC)||Unregulated|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Losses can exceed deposits||Your capital is at risk|
mayzus Review - Regulation And Licencing In More Detail
mayzus is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F275.
mayzus, as a business, has a powerful set of rules for ensuring honest trading on its own platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, client information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
mayzus Review - Awards
- At the time of writing this mayzus review, they had not received any awards.
mayzus Trading Platforms
mayzus are a reputable broker that has been trading for over 1 years. They offer a wide range of options in their user accounts.
Below we take the main parts of any reputable online broker and compare mayzus with Nabtrade, Go Markets, and Bridges Financial Services
mayzus Review - Minimum Deposit Required
The minimum deposit you must deposit to begin on mayzus is $250. This is an adequate amount for people just starting out. It's possible to make more complex residue as you go along. But, ensure that you understand how to make the most of your money before investing larger sums.
mayzus Review - Commission And Fees Explained
mayzus is an online brokerage platform, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. That is, an online broker isn't necessarily influenced by the amount of customers they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 different types of penalties for this purpose.
The first sort of fees to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In such instances, you're spending a spread, funding speed, or a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people who are charged when you maintain a leveraged position for more than a day.
Apart from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake on your account. They are charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
In general, mayzus does not charge high fees compared to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a lesser amount. This can be beneficial for people who often trade, such as daily or weekly trading.
However, non-trading fees billed by mayzus are relatively greater. As a result, you are charged more for non-trading actions in your trading accounts, such as withdrawal and deposits. These are not related to the purchase and sale of assets.
This mayzus review breaks down every one of the relevant non-trading charges for you in detail.
Compare broker fees against mayzus
mayzus Review - Withdrawal Fees Explained
mayzus charges a withdrawal fee when you create a bank transfer. Every time you move money back into your bank account, these withdrawal fees become important.
Withdrawal of cash is possible at any moment from your mayzus account. It's possible to draw up sums to the sum of your account balance, keeping aside the margin utilized. 1 thing to keep in mind is that you don't necessarily need to have any cash in your accounts.
In addition, the withdrawn money will be transferred directly to the account you use to make deposits. Therefore, if you used a credit card for deposits, the withdrawn cash will be sent to the card. mayzus will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing cash in different currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the currency you're opting to withdraw in.
mayzus Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of the buzzing questions that run through your head while open an account with mayzus. An inactivity fee is an amount charged to registered traders that have not engaged in buying or selling for a while. The period regarded as inactive is decided by the agent.
The inactivity fee differs from one agent to another and is not generalized. If a dealers account does not have a buying or selling trade, it is claimed by the agent as an inactivity fee. The traders have to pay this fee under conditions and terms that they had consented while registering.
mayzus doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no fees are indicated by mayzus, it's best that you close the account if you are inactive. Inactivity fees aren't just charged by brokerage companies but also many financial services.
For other trading platforms, the inactivity fee depends on the sort of account you've chosen. The inactivity fee is subjected to many circumstances and needs to be revealed clearly by the agent beforehand.
mayzus Review - Deposit Fees Explained
When you transfer money into your trading account by your bank account, a deposit fee can be charged by the broker. Most agents do not charge too much money for this particular operation.
mayzus charges a deposit fee for transferring money into your trading account.
Depositing money on the mayzus trading platform is simple. You simply have to complete a single-user profile survey to begin depositing money into your trading account. You'll have to give an identity proof and proof of residency to deposit substantial sums.
mayzus Review - Compare Broker Deposit Methods
What Can You Trade With mayzus?
Note: mayzus offers a lot of different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered will be different based on the country of residence of the client.
mayzus has a wide variety of over 158 instruments available for you to trade with.
If trading currency pairs is of interest to you then mayzus offer over 128 currency pairs.
Compare mayzus, Nabtrade, Go Markets & Bridges Financial Services below.
Alternatives To mayzus
If, after reading this mayzus review, they do not meet your needs check out these mayzus alternatives.
We've scoured the web to find the best alternatives to mayzus. Click the hyperlinks below to find out more.
Frequently Asked Questions about mayzus
Can I try mayzus before I buy?
Yes, you can most definitely try mayzus before you buy. mayzus offers demo accounts for the ease of beginner traders. You may use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you register to get a demo account on mayzus, you may set out using a decent amount of virtual currency. It's to establish a feeling of security and confidence in you before you choose to invest your own money.
With this digital mayzusdemo account, you are able to experiment at all, to whatever length you wish. You can also open positions, test different trading approaches, and more.
mayzus specifies on its official site which you are able to exchange real time stocks with your demo account.
Is mayzus safe?
You can drop all of your worries since we believe that mayzus is totally safe to use. It is in compliance with the rules of Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F275.
To its credit, mayzus does provide assured stop-loss protection.
Why does mayzus ask for my passport?
The reason that mayzus asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, mayzus has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, mayzus must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with mayzus?
The process to start trading withmayzus is perhaps simple enough to be a cakewalk. You need to begin by signing up on the mayzus website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with mayzus is $250. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with mayzus.
The best way to kickstart your trading career with mayzus is to open a demo account facility before risking any real money
What funding methods do mayzus accept?
There are multiple methods to fund your accounts with mayzus. The process is effortless and quick, with various payment methods at your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You have to keep in mind that PayPal is not available in every place. The currencies mayzus
Is my money safe with mayzus?
Yes, your cash is safe and secure with mayzus. As you already know, mayzus operates with proper conformation to. It's established plenty of measures to protect all its own investors.
mayzus safeguards its clients' personal and sensitive data under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you wish to further safeguard your account, it is possible to enable Two-Step Verification as well. It requires an SMS affirmation for you to access your account.
Is mayzus trading good?
Yes, trading through mayzus is a pleasant and decent experience indeed. It's an excellent and intuitive platform with helpful features for your simplicity. In addition, you could also gain access to a vast collection of educational tools and assistive substance to kickstart your trading experience.
If you are still skeptical, it is possible to open a eToro demo account and assess the credibility of the platform for yourself.
Which Countries does mayzus support?
mayzus operates around the world. However, due to regulations there are some countries that mayzus does not accept clients from BR, KR, IR, IQ, SY, JP, US
Is mayzus legit?
mayzus is a legit company headquarted in Dubai since 2020. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F275. mayzus is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is mayzus a good broker?
mayzus is a great broker, and its users may vouch for this. The highlight of the platform is its fast order execution on transactions.
You'll find the clean layout of this platform along with the commendable features a pleasure to work with.
Is mayzus a trustworthy broker?
Yes, mayzus is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 150,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for mayzus?
The minimum deposit to open a live account with mayzus is $250
How long do mayzus withdrawals take?
Normally, withdrawal of money from mayzus is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from mayzus to show in your bank account.
Are mayzus regulated?
mayzus are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F275
Is mayzus a market leading broker?
mayzus is indisputably among the industry leaders. It has over 150,000+ registered customers and over 1 years of expertise on its record. They're among the world's top trading platforms and also a prominent figure in the Fintech revolution.
It majorly owes this status to its incredible platform and wide range of resources plus tools so that you may invest in capital markets.
Is mayzus a con?
No, mayzus is not a con. They are regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F275 and must adhere to their rules. Thus, it is safe to say that mayzus is not a scam.
Can you make money with mayzus?
Through mayzus, many traders earn a great deal of money. But typically, through consistent trading, you can make between 2% - 10% profit a month.
This may seem like a little number, but within the entire year, this adds to a substantial amount of gains. Even though mayzus provide you all of the tools to earn money, they can't guarantee you will gain.
Does mayzus have fees?
Yes. To start trading with mayzus, you need to deposit $250. Certain commissions while trading also apply. Any processing fees from your bank will have to be incurred by you.
When was mayzus founded?
mayzus was founded in 2020 in Dubai. mayzus is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F275.
How many people use mayzus?
mayzus is a globally recognised broker with 150,000+ clients.
Where is the mayzus head office?
mayzus has its head office in Dubai
Does mayzus offer negative balance protection?
Yes, mayzus has Negative Balance Protection. It's especially offered while the industry volatility keeps clients from allowing their accounts go into the red. In a situation like this, mayzus offers the ability to reset a clients account balance to zero.
You are able to go through the important conditions on mayzus's site to understand their policies better.
Does mayzus offer guaranteed stop loss?
Yes, mayzus offer a guaranteed Stop Loss order.
When there's absolutely no free margin left together with the customer, mayzus will stop your positions. When the losses in the ceased out location exceeds your account balance, you may encounter a negative account balance.
Does mayzus allow scalping?No, the terms and conditions of mayzus don't allow scalping. It's a trading technique that is not allowed on the agent's platform. You must consult with mayzus's provisions and conditions to see more about its policies.
Does mayzus allow hedging?
Yes, mayzus does allow hedging.
Can you trade energies with mayzus?
Yes, you can trade energy stocks with mayzus
Can you trade agricultural shares with mayzus?
No, unfortunately you cannot trade agricultural stock with mayzus
Can you trade cryptocurrency with mayzus?
Yes, you can trade cryptocurrency with mayzus
Can you trade metals with mayzus?
Yes, you can trade metals with mayzus
Can you trade UK Shares with mayzus?
No, unfortunately you cannot trade UK shares with mayzus
Can you trade US Shares with mayzus?
No, unfortunately you cannot trade US shares with mayzus
Can you trade Japanese Shares with mayzus?
No, unfortunately you cannot trade Japanese shares with mayzus
Can you trade German Shares with mayzus?
No, unfortunately you cannot trade German shares with mayzus
Does mayzus accept bank transfers?
Yes, mayzus accepts bank transfers for depositing money.
Does mayzus accept credit cards?
Yes, mayzus accepts credit cards for depositing money.
Does mayzus accept PayPal?
Yes, mayzus accepts PayPal for depositing money.
Does mayzus accept Skrill?
Yes, mayzus accepts Skrill for depositing money.
Does mayzus accept Payoneer?
Yes, mayzus accepts Payoneer for depositing money.
Does mayzus accept Neteller?
Yes, mayzus accepts Neteller for depositing money.
Does mayzus offer Live Chat customer support?
No, mayzus does not offer customer support through live chat.
Does mayzus offer phone customer support?
No, mayzus does not offer customer support over the telephone.
Does mayzus offer email customer support?
No, mayzus does not offer customer support through email.
What languages can mayzus communicate in?
mayzus has the ability to communicate and support customers who speak: English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Does mayzus have a wikipedia page?
No, mayzus does not have an official wikipedia page.
Does mayzus offer demo accounts?
Yes, mayzus offers demo accounts so you can learn their systems before risking any real money.