Mayzus Review for 2019

Mayzus Rated 4/5

Mayzus Introduction

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

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Mayzus we break down the pros and cons. What Mayzus are able to offer, what countries Mayzus are available in. Who Mayzus are regulated by and more.

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.

Open Mayzus's Website

As with any investment your capital is at risk, losses can exceed deposits.

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

With this 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 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 11 years Mayzus have a head office in Cyprus.

Mayzus is regulated. This means Mayzus are supervised by and is checked for conduct by the 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.

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.

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

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

What we like

  • Used by over 10,000 traders
  • Established in 2008
  • Regulated by CySEC
  • Min. deposit from $100

What we don't like

Mayzus General Fees

  • Mayzus withdrawal fees varies on payment method
  • Mayzus does charge inactivity fees

Mayzus Commissions

  • Mayzus does charge commission on CFD shares

What can you trade with Mayzus?

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

If you are looking at trading currency pairs Mayzus offer over 60 currency pairs.

Compare Mayzus with Interactive Brokers and XTB below.

FX / Currencies Mayzus IB XTB
# of forex pairs offered 60 10 50
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes
Exotic forex pairs Yes Yes
Cryptocurrencies No No Yes
Commodity CFDs Mayzus Interactive Brokers XTB
# of commodities offered 0 0
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs Mayzus Interactive Brokers XTB
# of Stocks offered 1500
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
Mayzus's
Instruments
IB's
Instruments
XTB's
Instruments

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.

An 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

Mayzus Trading benefits :

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

Mayzus Trading Accounts offered:

  • Demo account
  • Micro account
  • Standard 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

What funding methods do Mayzus accept?

Mayzus offer the below funding payment methods. learn more about Mayzus

  • Credit cards
  • Skrill
  • Payoneer

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.

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.

As a nice bonus, 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 trader, accounts and instruments, but as a guide, Mayzus offer margin up to .05%% on currencies.

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.

Support at Mayzus

Mayzus support a limited number including English

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

What you will need to open an account with Mayzus

As Mayzus is regulated by 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:

  • 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 10 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 their website 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 12th August 2018.

MAYZUS Frequently Asked Questions

Can I try Mayzus before I buy?

Mayzus offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do Mayzus accept?

Mayzus offer the below funding payment methods accept Credit cards, Skrill, Payoneer, among other payment methods. Learn more here

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 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.