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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Mahfaza

Jordan | 5-10 years |
Suspicious Regulatory License | MT5 Full License | Regional Brokers | High potential risk

https://www.mahfaza.com.jo/en/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

Mahfaza-Real

United Kingdom
MT5
1

Influence

D

Influence index NO.1

Jordan 2.56

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
Mahfaza-Real MT5
Server Location United Kingdom

Influence

Influence

D

Influence index NO.1

Jordan 2.56
Surpassed 20.60% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+962 6 560 9000
mahfaza@mahfaza.com.jo
https://www.mahfaza.com.jo/en/
33 Issam Ajlouni Street – Mahfaza Building, Shemisani, Amman

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-10-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic Information

Registered Region
Jordan
Operating Period
5-10 years
Company Name
National Portfolio Securities Company
Customer Service Email Address
mahfaza@mahfaza.com.jo
Contact Number
+96265609000
Related Software
Biz Area
Website
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT5
0
MT4 Servers
1
MT5 Servers
163.00
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Perfect

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Website

mahfaza.com.jo
188.245.59.170
npsc.com.jo
81.4.102.179

Company Summary

MAHFAZAReview Summary
Founded/
Registered Country/RegionJordan
RegulationNo regulation
Market InstrumentsForex, crosses, indices, commodities
Demo Account
Leverage/
EUR/USD SpreadFrom 0.5 pips
Trading PlatformMT5
Min Deposit/
Customer SupportContact 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.

MAHFAZA's homepage

Pros and Cons

Pros Cons
Diverse trading assetsNo regulation
Demo accountsUnclear leverage
Multiple account typesNo 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!

No license

What Can I Trade on MAHFAZA?

Tradable Instruments Supported
Forex
Crosses
Indices
Commodities
Stocks
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on MAHFAZA?

Account Type/Fees

Mahfaza offers three account types: Mahfaza Account, Trader Account and Pro Account.

Account TypeEUR/USD Spread Commission
Mahfaza From 1.5 pips
TraderFrom 0.8 pips
Pro From 0.5 pips
Account Type

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5/Experienced traders
MT4Beginners

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • MT5 Full License
  • Regional Brokers
  • High potential risk

Wiki Q&A

webgalaxy
1-2 years

Is it possible to trade particular assets such as Gold (XAU/USD) and Crude Oil on Mahfaza?

WikiFX Reply
In my experience as a trader, asset variety is frequently a make-or-break factor when evaluating brokers. With Mahfaza, I noted that their offering includes access to forex, crosses, indices, and commodities. While the broker’s site does not specifically enumerate every commodity offered, commodities trading at most MT5 brokers generally covers major products like gold (XAU/USD) and crude oil. However, since Mahfaza is unregulated and lacks detailed disclosures about their exact instruments or conditions, I approach this with caution. From a risk-conscious standpoint, the lack of explicit regulatory supervision makes it critical to verify each asset’s availability on a live or demo account before making real deposits. In my methodical approach, I would always start with their demo account—something Mahfaza does offer—to directly check if gold and crude oil are indeed available, and to evaluate the spreads and execution conditions firsthand. Even though forex and general commodity trading are listed as supported, the absence of clear documentation on their site, combined with their unregulated status, means I wouldn’t assume all major commodities are present. For anyone considering Mahfaza, I recommend extra due diligence: double-check in their platform for access to assets like gold or crude oil, and reassess the risk carefully before live trading or allocating larger funds.
Broker Issues
Mahfaza
Platform
Leverage
Account
Instruments
08-26
United States
Abu00saeed
1-2 years

How much leverage does Mahfaza provide for major forex pairs, and how does this leverage differ across other types of assets?

WikiFX Reply
As an experienced forex trader accustomed to working with various brokers, I found the situation with Mahfaza’s leverage offerings to be a point of caution. Based on all available information about this broker, Mahfaza does not disclose any concrete details regarding maximum leverage for major forex pairs or for other assets like indices or commodities. In my experience, the lack of published leverage limits is uncommon among reputable brokers, especially when such detail is fundamental to risk management and position sizing. Normally, responsible brokers make their leverage structures transparent, as leverage impacts not only potential returns but also risk exposure for each trade. With Mahfaza, I simply could not verify what leverage—if any—they offer for forex majors, nor could I determine how leverage terms might differ between categories like indices or commodities. For me, this lack of information is immediately concerning, especially since Mahfaza operates without any regulatory oversight. In my view, trading without clear leverage limits and outside the strictures of regulation could potentially expose traders to unnecessary risks. This uncertainty is particularly relevant for those who rely on leverage as a core part of their trading strategy. In the absence of explicit leverage data, I cannot responsibly recommend relying on Mahfaza for high-leverage trading of forex pairs or any asset class. Instead, I would advise anyone considering this broker to proceed with extreme caution and seek out clearer, regulated alternatives for transparent and defined leverage policies.
Broker Issues
Mahfaza
Platform
Leverage
Account
Instruments
08-02
United States
x1250
1-2 years

Could you break down the total trading costs involved when trading indices such as the US100 on Mahfaza?

WikiFX Reply
As someone who trades indices frequently, understanding the true cost of trading on any broker is critical for managing risk. With Mahfaza, my initial research shows several important issues that traders like myself must account for. First, while Mahfaza advertises spreads as low as 0.5 pips on its Pro account (the lowest of its offerings), crucial cost details such as commissions, leverage, and deposit/withdrawal fees are not transparently listed, and this lack of clarity is a concern for cost estimation and budget planning. Based on the account types available, trading costs—at least as far as spreads are concerned—start from 1.5 pips for the standard Mahfaza account, 0.8 pips for the Trader account, and 0.5 pips for the Pro account. There is no mention of additional commissions, so spreads appear to be the main trading cost. However, in my experience, brokers without clear regulatory oversight sometimes introduce hidden fees or unfavorable terms elsewhere—such as wider spreads during news events or slippage—especially because Mahfaza operates without valid regulation. For me, the absence of explicit information on potential overnight swap charges, deposit and withdrawal methods, or miscellaneous fees requires an extra level of vigilance. While demo accounts are available for testing, I would take a very cautious approach and actively monitor real trading costs, especially with an unregulated broker. I cannot stress enough that lack of regulation, lack of clear leverage information, and missing deposit/withdrawal details add up to a high-risk environment—so I would personally factor in the possibility of unexpected costs when trading something as active as the US100.
Broker Issues
Mahfaza
Fees and Spreads
07-30
United States
Davis Wu
1-2 years

Are there any payment methods with Mahfaza that allow for instant withdrawals?

WikiFX Reply
Based on my examination of Mahfaza, I was unable to find any clear information regarding the payment methods available or the specifics of their withdrawal processes, including whether instant withdrawals are possible. As a trader who values transparency and regulatory oversight, this lack of detail immediately gives me pause. Unregulated brokers, like Mahfaza, present a higher risk profile because there is no authoritative body ensuring client fund security or mandating fair operational practices. In my experience, the most dependable brokers not only provide clarity on payment options but also set clear expectations about withdrawal timescales, which are crucial for managing trading capital efficiently. In the absence of such essential information from Mahfaza, I cannot reliably comment on the existence of instant withdrawals. For me, this gap in information increases operational uncertainty, especially because timely access to funds is fundamental for active traders. If immediate withdrawal capability is a priority, I would personally pursue brokers that are both transparent and fully regulated, with published details on deposit and withdrawal mechanisms. Ultimately, I approach unregulated entities like Mahfaza extremely cautiously until more comprehensive and trustworthy information is available.
Broker Issues
Mahfaza
Deposit
Withdrawal
07-19
United States
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