Mayzus Rated 3/5

Mayzus Guide - Read our In Depth 2021 Mayzus Review

This Mayzus review was written by industry experts with over 20 years of financial experience in Forex, Social Trading.
The content in this Mayzus review does not apply to US users.

Benefits of Trading with Mayzus

Mayzus Review 2021 Quick Summary
💰 Min Deposit 100
👱‍♂️ Used By 10,000 Mayzus users and traders
📆 Founded 2008
🌍 HQ Cyprus
👮‍♂️ Regulation Cyprus Securities and Exchange Commission (CySEC)
🚫 Excluded Countries Mayzus is not available in the following countries : US

Open Mayzus's Website

Your capital is at risk


learn more Learn more about eToro.
67% of retail investor accounts lose money when trading CFDs with this provider.

What is Mayzus?

Mayzus are a global online financial trading platform and multi asset broker founded in 2008

Over 13 years later Mayzus has grown to offering retail investors Forex trading, and Social trading.

Mayzus are a global broker. Mayzus have a head office in Cyprus.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this Mayzus review and assess how well the Mayzus platform functions in its role as an international multiple financial asset trading platform for traders in 2021.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Mayzus can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Mayzus we breakdown the pros and cons. What Mayzus are able to offer, what countries Mayzus are available in. Who Mayzus are regulated by and more.

Mayzus Review Screenshot

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Mayzus review useful.

This review of the Mayzus platform is very detailed. If you are interested in trading with Mayzus in any capacity please take the time to read and research the whole Mayzus review.

We have tried to explain the ins and outs of financial trading through the Mayzus platform as plainly as possible so that you the trader are as informed as possible before you start to use the Mayzus trading tools and depositing and withdrawing funds from Mayzus.

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Mayzus like Forex trading, and Social trading. you should have confidence in Mayzus and know that the management of your financial investments on the Mayzus platform are in good hands.

At the bottom of this Mayzus review you can also learn about some pretty good alternatives to Mayzus

With this Mayzus review we hope to help you see if Mayzus is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Mayzus that will help you get off to a good start in the world of online trading.

Mayzus Review Table of Contents

Mayzus review
Mayzus is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about Mayzus. Mayzus is a multi asset platform with 100+ tradable Assets. Assets available on Mayzus include Forex, Social Trading.

Mayzus trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex, Social Trading are considered financial assets.

Features of Mayzus

Mayzus review
What you should know

Mayzus offer two ways to trade: Forex, Social Trading.

With Mayzus you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with Mayzus platform.

Mayzus are able to accommodate various levels of traders whether you are experienced or a beginner.

Are Mayzus safe?

When choosing a broker like Mayzus the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 13 years Mayzus have a head office in Cyprus.

Mayzus is regulated. This means Mayzus are supervised by and is checked for conduct by the Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Mayzus, this will be honored. If Mayzus violate any regulatory rules their regulated status could be stripped.

Your capital is at risk

Is my money safe with Mayzus?

Any payments funded to Mayzus accounts by traders are held in a segregated bank account.

For added security Mayzus use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should Mayzus use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in Mayzus deposited in a Tier 1 bank?

Having any money you deposit with Mayzus means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Mayzus goes out of business for some reason.

Therefore, we can safely conclude that Mayzus is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex, Social Trading is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Mayzus also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding Mayzus. let us look at the Mayzus features in more detail.

Try creating two accounts when you are working with Mayzus. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Mayzus

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Mayzus as a Company Compare Against Other Brokers

Broker Mayzus eToro XTB IC Markets
Year Established 2008 2007 2002 2007
Head Office Cyprus Cyprus, UK Poland Australia
Regulation Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Used By 10,000+ Mayzus users 20,000,000+ eToro users 250,000+ XTB users 180,000+ IC Markets users
Negative balance protection Yes Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit Mayzus Visit eToro Visit XTB Visit IC Markets
Risk Warning Your capital is at risk 67% of retail investor accounts lose money when trading CFDs with this provider. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits

Mayzus review
Mayzus Pros and Cons

What we like about Mayzus

  • Used by over 10,000 Mayzus users and traders
  • Established in 2008
  • Regulated by Cyprus Securities and Exchange Commission (CySEC)
  • Min. deposit from $100

What we don't like about Mayzus

Mayzus review
Mayzus Regulation and Licensing in more detail

We have checked and Mayzus is regulated and supervised by reputable organisations. You are able to check every Mayzus supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Mayzus. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria for license approval, this is determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Mayzus traders and provide a safe trading environment. Financial regulation and license approval is essential.

Mayzus is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Mayzus you should be sure they're legitimate online agent.

Is Mayzus Global?

Yes, Mayzus is global as Mayzus is available in over 194 countries.

Mayzus is a global trading platform in the sense that it operates in 194 countries including nations in Europe, Asia, Oceania, and Africa. Major countries Mayzus covers include the UK, Germany, Australia, South Africa, Thailand, and China. Mayzus has a total of more than 10,000 users.

Mayzus review
Mayzus Fees Explained

  • Mayzus withdrawal fees varies on payment method
  • Mayzus does charge a fee for inactive accounts.
  • Mayzus does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company. Brokers may charge clients various trading fees that you need to be aware of as they may affect your bottom line.

How Mayzus Fees Compare Against Other Brokers

Broker Mayzus eToro XTB IC Markets
Min Deposit 100 200 0 200
Withdrawal Fees Varies Yes varies No
Inactivity Fees Yes Yes Yes No
Deposit Fees Varies No No Varies
CFD Commission Fees Yes Yes Yes Yes

Mayzus Minimum Deposit

Mayzus require a minimum desposit of 100 GBP/USD when opening an Mayzus trading account.

A minimum deposit is the minimum amount of money required by Mayzus to open a new online brokerage account with them.

Dont be scared off by brokers like Mayzus charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Mayzus Withdrawal Fees

Mayzus withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your recieving currency, your payment provider.

Mayzus for example allow you to withdraw your funds to Bank Transfer, Debit cards, Credit cards, Skrill, Payoneer.

Mayzus Inactivity Fees

Mayzus does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Mayzus Desposit Fees

Mayzus does charge deposit fees.

You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Mayzus Commission Fees

Mayzus does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Mayzus review
What can you trade with Mayzus?

Be aware that Different entities under Mayzus Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with Mayzus over 100 instruments infact.

If you are looking for Forex brokers to trade currency pairs on global Forex markets Mayzus offer over 60 currency pairs.

Compare Mayzus with eToro and XTB below.

Your capital is at risk

How Mayzus Trading Options Compare Against Other Brokers

Broker Mayzus eToro XTB IC Markets
Instruments Available 100 2000 4000 232
Platforms MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
FX / Currencies        
Forex pairs offered 60 50 57 65
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 21 19
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 2042 1696 110
UK Shares Yes Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit Mayzus
Your capital is at risk
Visit eToro
67% of retail investor accounts lose money when trading CFDs with this provider.
Visit XTB
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Visit IC Markets
Losses can exceed deposits

Mayzus review
Trading on Mayzus web platforms and other applications

Mayzus offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

A Mayzus iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.

Mayzus also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.

See Mayzus's platforms

Is the Mayzus Trading Platform Secure?

Mayzus safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Mayzus also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Mayzus.

Mayzus Trading Platform Options

Once you have logged into your Mayzus account you will see the below trading platform options available to you.

  • MetaTrader 4 (MT4)

Mayzus does not offer the MetaTrader 5 (MT5) trading platform. If you are looking for a online platform that does support MT5 click here

Mayzus does not offer the cTrader trading platform. You can find a broker that supports cTrader here

Lets explore each of these trading platforms in detail and what options Mayzus gives you.

Mayzus review
Mayzus MetaTrader 4 (MT4)

Mayzus MetaTrader 4

MetaTrader 4 also known as MT4 is the number one trading platform on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to ful fill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with Mayzus. You can learn more about the MT4 Platform here.

You can start using the MetaTrader 4 platform with Mayzus in multiple formats including through an online web platform, Through a downloadable application for Windows PC's and Apple Macintosh computers. Mayzus MetaTrader 4 is compatible with the latest macOS Mojave. Mayzus allows traders to trade on mobile devices through Android and IOS devices like the iPhone.

Metatrader 4 Webtrader on Mayzus

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.

Trade Mayzus MetaTrader 4 on IOS Devices

You can download the Mayzus app or also trade with Mayzus through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. Mayzus customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.

Trade Mayzus MetaTrader 4 on Android Devices

Andorid mobile devices and tablets are used by millions of people globally. Mayzus provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Mayzus MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Trade Mayzus MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:

  • Analyst Perspectives - A go-to resource for leadership and key levels.
  • Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.

Mayzus MetaTrader 4 Advanced Trading Tools

The Mayzus advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. Mayzus offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.

Trade Mayzus MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.

Mayzus MetaTrader 4 AutoChartist

Mayzus Autochartist provides the world's first Market Scanner available for MT4 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

Mayzus Trading benefits

  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection

Mayzus Trading Accounts Offered

Below we give an overview on the account types that Mayzus offer. Whatever you are looking to trade the varying Mayzus account types will be able to provide you with what you need.

  • Demo account
  • Micro account
  • Standard account
  • STP account

Can I try Mayzus before I buy?

Mayzus offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Your capital is at risk

Mayzus withdrawal and funding methods

Please note that the list of Mayzus payment methods below depend on the Mayzus Entity and the Clients Country of Residence.

All available Mayzus payment methods available to you can be found in your Mayzus members area checked on the Mayzus website.

Mayzus offer the below funding payment methods. You can use any of the below deposit options if available in your region. learn more about Mayzus

Mayzus Payment Methods

  • Mayzus accepts Bank Transfer
  • Mayzus accepts Debit cards
  • Mayzus accepts Credit cards
  • Mayzus accepts Skrill
  • Mayzus accepts Payoneer
Broker Mayzus eToro XTB IC Markets
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer Yes Yes Yes No
Neteller No Yes Yes Yes

*please note available Mayzus and other broker payment methods depend on the clients country of residence.

How can I start trading with Mayzus?

When opening a trading account with Mayzus, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Mayzus trading platforms here. You will need to provide some basic documentation to prove your identity as part of Mayzus onboarding and normal KYC identity checks. These checks are standard practice and help Mayzus provide a safe financial environment for their 10,000 users.

Your capital is at risk

Performing trades with Mayzus

With Mayzus, the minimum and maximum trade requirements vary depending on the trader and the instrument. As Mayzus offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

Mayzus are one of very few brokers that claim to have no requotes, so you don't have to worry about slippage (your trades being ordered at a different price to what you executed them at).

As with most brokers, margin requirements do vary depending on the instruments.

Mayzus also offers a number of useful risk management features, such as stop losses (with trailing stops), limit orders, negative balance protection, and much more. You can see all of the account features offered by Mayzus here.

Limiting Your Risk When Trading with Mayzus Negative Balance Protection

We should say something about negative balance protection with Mayzus. When trading using leverage an adverse move could result in losing more than your trading account balance at Mayzus. If your broker is regulated by the FCA Negative Balance Protection should be set in place by your broker as standard. Your Mayzus account could potentially become negative. We recommend you making use of negative balance protection. Using negative balance protection ensures your losses will always be limited to the current balance of the money in your account.

Limit Risk When Trading with Mayzus Stop Loss, Mayzus Stop Limit Orders

A stop-loss order is an order placed with a broker like Mayzus to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit a traders loss on a security position.

Most traders need to use stop losses to protect themselves from huge risk unless the trade is hedged against another trade or the trader is not using leverage. Circumstances differ depending on the trade and the markets.

Education resources at Mayzus

To trade effectively with Mayzus, it's important to get a have a good understanding of the Mayzus trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with Mayzus and externally.

Mayzus offer a good selection of educational resources. Take your time, learn how the financial markets move. Take the time to learn how your trading platform works. Make buy and sell trades, learn how to take advantage of global trading times and most importantly learn how to mitigate and manage investing risk.

Having an analytical approach may be a good way to approach trading with Mayzus.

Take time to look around the Mayzus platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Mayzus

As part of our Mayzus review we review customer service options, response times and Mayzus trading platform problem resolution effectiveness.Mayzus support a limited number including English.

Mayzus have a triple AAA grade support and customer service rating because they offer a wide range of languages, live chat, email and phone support.

Mayzus customer service support multiple languages from all over the world. Having a broker that can hire people from various locations in the world who can better communicate with you in your local language is a huge advantage well trying to deal with issues.

Your customer service experience with Mayzus has to be a positive one for you to effectively trade the financial markets on the Mayzus platform. Mayzus should make sure all of your questions are answered and your Mayzus platform issues solved. When a Mayzus customer has any queries regarding Mayzus the Mayzus customer support team should take these issues seriously and offer a quick and effective solution. Mayzus have a great client support team, which is why we have rated their customer service highly.

Livechat Support at Mayzus

We tested the Mayzus live chat and it works well. We sent messages to Mayzus livechat through their app and website and recieved a response within 3 minutes. Its important you test the Mayzus chat service yourself. a responsive chat service from Mayzus gives a great support experience to Mayzus chat service users. Its much better than waiting days for an email.

We tested communicating with Mayzus support in multiple languages in multiple countries. The Mayzus help center where able to quickly resolve our customer issues.

Email Support at Mayzus

Mayzus does not offer Email Support.

Phone Support at Mayzus

We called Mayzus and the call was answered very quickly. The call was answered in less than 1 minutes.

The Mayzus phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Mayzus team by calling in varying languages. Mayzus made an effort to make sure our queries were answered.

Overall great phone support from Mayzus.

See how Mayzus Support Compares Against Other Brokers

Broker Mayzus eToro XTB IC Markets
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English English, German, Spanish, French, Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Learn More Visit Mayzus Visit eToro Visit XTB Visit IC Markets
Risk Warning Your capital is at risk 67% of retail investor accounts lose money when trading CFDs with this provider. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits

What you will need to open an account with Mayzus

As Mayzus is regulated by Cyprus Securities and Exchange Commission (CySEC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Mayzus Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Mayzus's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Mayzus you can visit the Mayzus trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.liteforex.eu/ on July 25, 2021.

Is Mayzus A Good Broker?

We spent over 3 months examining Mayzus in depth. Although we found some very useful aspects of the Mayzus platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Mayzus broker.

  • Mayzus have a good track record of offering Forex, Social Trading.
  • Mayzus has a history of over 13 years.
  • Mayzus has a reasonable sized customer support of at least 10.
  • Mayzus are regulated by Cyprus Securities and Exchange Commission (CySEC). This means Mayzus fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Mayzus have regulation from a Tier 1 reputable country.
  • Mayzus has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Mayzus have an international presence in multiple countries. This includes local Mayzus seminars and training.
  • Mayzus are able to hire people from various locations in the world who can better communicate in your local language.

Mayzus Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments including crpytocurrency and foreign currency markets come with a very high level of risk. In regards to leverage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying leverage and may have limited regulatory protection and high market volatility. It should never be presumed that any investment products, techniques, indicators or any other presented resources will result in profits. You should be aware that investing may result in financial loss.

Mayzus not quite right?

If after reading this Mayzus review, Mayzus does not fulfill your needs check out these Mayzus Alternatives.

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Mayzus review
MAYZUS Frequently Asked Questions

Read our detailed Mayzus FAQ Section updated for 2021.

Can I try Mayzus before I buy?

Mayzus offer a demo account so you can try the Mayzus platform with virtual trading before you put down a payment. Virtual trading with Mayzus is zero risk. Learn more here

What funding methods do Mayzus accept?

Please note that the list of payment methods below depend on the Mayzus Entity and the Clients Country of Residence.

Mayzus offer the following funding payment methods Bank Transfer, Debit cards, Credit cards, Skrill, Payoneer, among other payment methods.
Learn more here

Your capital is at risk

Is Mayzus safe?

Mayzus are considered safe as they are regulated by and checked for conduct by the Cyprus Securities and Exchange Commission (CySEC). Any payments funded to Mayzus accounts by traders are held in a segregated bank account. For added security Mayzus use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Your capital is at risk

Is Mayzus trading good?

Mayzus is considered good and reputable to trade with Mayzus. Mayzus is used by over 10,000 active traders and Mayzus users. Mayzus offers Forex trading, and Social trading. Minimum deposit with Mayzus is 100.

Is Mayzus trading Legit?

Mayzus was founded in Cyprus in 2008. Mayzus has been facilitating trade on the financial markets for over 13 years. Mayzus offers clients Forex trading, and Social trading. All funds deposited to Mayzus are held in segregated tier 1 bank accounts for security. Mayzus is regulated by Cyprus Securities and Exchange Commission (CySEC) so can be considered legit.

Is Mayzus a good broker?

Mayzus is overseen by the top tier financial regulators Cyprus Securities and Exchange Commission (CySEC) so can be considered a good broker. Mayzus allows Forex trading, and Social trading.

Is Mayzus trustworthy broker?

Mayzus can be considered trustworthy. All money funded to Mayzus is placed into a segregated tier 1 bank account. this means your money in not held by Mayzus directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Mayzus is regulated by Cyprus Securities and Exchange Commission (CySEC).

What is the minimum deposit for Mayzus?

The minimum deposit to trade with Mayzus is 100.

How long do Mayzus withdrawals take?

Withdrawing money from Mayzus processing time varies but averages 2-5 days.

Is Mayzus regulated?

Mayzus is regulated by Cyprus Securities and Exchange Commission (CySEC). Regulatory bodies conduct regular reviews and audits as part of Mayzus maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is Mayzus a market maker?

Mayzus is a market maker. Stocks, currency and other commodities and instruments will be purchased by Mayzus even if no buyer is lined up.

How can I start trading with Mayzus?

When opening a trading account with Mayzus, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Mayzus trading platforms here.

Is my money safe with Mayzus?

Mayzus is regulated by Cyprus Securities and Exchange Commission (CySEC). One of the most important criteria for traders when choosing a broker like Mayzus is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Mayzus, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Mayzus a con?

Mayzus is regulated and well established having been in business for over 13 years. Mayzus is definitely not a con.

Can you make money with Mayzus?

Although traders have had great success with Mayzus. Trading on the financial markets with Mayzus is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Mayzus have fees?

Mayzus withdrawal fees varies on payment method.Mayzus does charge a fee for inactive accounts. Mayzus does charge deposit fees.

When was Mayzus founded?

Mayzus was founded in 2008.

How many people use Mayzus?

Mayzus is used by over 10,000 registered Mayzus users.

What is Mayzus Headquarters country?

Mayzus has its head quarters office in Cyprus.

Does Mayzus offer negative balance protection?

Mayzus offers negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Mayzus offer guaranteed stop loss?

Mayzus does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Mayzus allow scalping?

Mayzus does not offer scalping.

Does Mayzus allow hedging?

Mayzus does not offer hedging.

Does Mayzus offer CFD trading?

Mayzus does not offer CFD trading.

Does Mayzus offer STP?

Mayzus offers STP trading.

How many people use Mayzus?

Mayzus is used by over 10000 Mayzus users and traders.

Is Mayzus an ECN broker?

Mayzus does not offer ECN trading.

Does Mayzus offer a demo account?

Mayzus offers a demo account.

Does Mayzus offer an Islamic account?

Mayzus does not offer Islamic accounts.

What are the funding methods for Mayzus?

Please note that funding methods and funding options available with Mayzus can be found in the Mayzus Members area and depend on the Mayzus client’s country of residence. Please check your specific available payment methods on the Mayzus website. Mayzus accept the following funding methods : Bank Transfer, Debit cards, Credit cards, Skrill, Payoneer.

Mayzus review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Mayzus brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Mayzus review written by Mark Hansen of Comparebrokers.co