Company Summary
| Mazi Finance Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Saint Lucia |
| Regulation | No regulation |
| Market Instruments | Forex, Metals, Cryptos, Commodities, Stocks, Indices |
| Demo Account | ❌ |
| Leverage | Up to 1:400 |
| Spread | From 0.0 pips |
| Trading Platform | MT5 |
| Minimum Deposit | $50 |
| Customer Support | Live chat, contact form |
| Email: support@mazifinance.com | |
| Social Media: X, Instagram | |
| Address: The Sotheby Building, Rodney Bay, Gros-Islet, P.O. Box 838, Castries, Saint Lucia | |
| Regional Restriction | USA, EU member countries, Iceland, Liechtenstein, and Norway |
Founded in 2023, Mazi Finance is an unregulated brokerage registered in Saint Lucia. Customers can trade forex, metals, cryptos, commodities, stocks, and indices on the MT5 platform, but there is no demo account for traders. The leverage is up to 1:400, and the minimum deposit is $50.
Pros and Cons
| Pros | Cons |
| Various trading products | No regulation |
| Live chat service | No demo account |
| MT5 support | Regional restriction |
Is Mazi Finance Legit?
No, Mazi Finance is not regulated. Please be aware of the risk!
What Can I Trade on Mazi Finance?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Cryptocurrencies | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Bonds | ❌ |
| Options | ❌ |
Account Type
| Account | Minimum Deposit |
| Standard | $50 |
| Professional | $500 |
| Raw Spread | $1000 |
Leverage
The maximum leverage for three account types is 1:100, but it also claims that the leverage can be up to 1:400. It is important to remember that the use of leverage can both maximize profits and increase losses at the same time.
| Account | Maximum Leverage |
|---|---|
| Standard | 1:100 |
| Professional | 1:100 |
| Raw Spread | 1:100 |
Mazi Finance Fees
| Account | Spread | Commission |
| Standard | From 0.6 pips | 0 |
| Professional | From 0.1 pips | 0 |
| Raw Spread | From 0.0 pips | $7 per standard lot |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web, PC, Mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
Mazi Finance accepts payments done via MaziMatic, VISA, MasterCard, MaziWorld, and MaziRewardz.
Marco RN
India
I experienced a serious execution issue with MaziFinance. I placed a Buy Limit order on XAUUSD at approximately 5085 with 0.03 lot size. My account balance was about $261 and leverage was 1:1000. The required margin for this trade was approximately $15, so margin was fully sufficient. When the Sydney session opened, the market price reached (and moved below) my limit price, as visible on the chart screenshots. However, the order was not executed. When I contacted support, they first gave a generic explanation of how limit orders work. Later they claimed the order failed due to “insufficient balance,” which is technically incorrect based on margin calculations. I requested server logs, margin snapshots, and tick data, but no detailed proof has been provided so far. Support acknowledged they are reviewing the issue but has not provided any update after 24+ hours. Because of this execution failure, I missed a trade opportunity estimated at approximately $675.
Exposure
Dinesh
India
mazi finance just a scam new company with no license no support no office .i advise everyone to step ahead from this scaming new companies and beter looking for old and trusted one's with license and regulation. The masterminds of the scam are Ibrahim Shaikh and Vineet Miskin..stay away from these people
Exposure
fx6034
India
my many account live trade balance no widrwa mazi matic finance broker and company owner mr. sumit and his indian company broker cheat me. this company fraud and scammer pls awoid this cheater group.
Exposure
FX3579177812
United Arab Emirates
They actually offer 0 spreads on all symbols on their Zero spread accounts, initially I thought it was not possible, but I’ve been trading with this smoothly now, and always get my withdrawal same day if not immediately
Positive
felipematias8513
Chile
I was trading with Mazi for over a month. First withdarwal of my deposit they processed next day but now when I was asking for a 384 usd profit from my account 423294 they are not responding to my email and not proceeding with my request for over 2 weeks since 9th Sept 24. Hope they will sort this soon but so far this is my case
Exposure
FX3930158361
India
The platform offers great ease of use. Made it really easy for me to trade crypto without any hassles
Positive
FX3578726118
India
Trading with MaziFinance has been a fantastic experience! The platform is super intuitive and has all the tools I need to make smart trades. The tight spreads and high leverage options are perfect for maximizing my gains. Plus, the real-time market news and advanced charting tools are a huge help. Their customer support team is always ready to assist with any questions. If you’re serious about trading and want a smooth, hassle-free experience, MaziFinance is the way to go!
Positive
FX2221752032
United Arab Emirates
I must say they have one of the best customer support ever experienced Withdrawal took 5-10 min everytime, which is great ! 😎
Positive
Mir Ajmal Husain
United Arab Emirates
Good platform offering lower spreads. Safe and secure deposit/withdrawal process. MT5 and copy trading made easy with distinct leverage settings. What I like most about the platform is the two-factor authentication which most traders these days are looking for! If the money is safe, then everything else is a piece of cake.
Positive
ᗰƖƘO
United Arab Emirates
It's mostly good. They offer a wide range of instruments which helps me diversify my portfolio. The platform is user-friendly but was a bit tricky to get used to at first. They offer competitive spreads which helps with costs. Sometimes, there are delays when the market is very active, which can be annoying. Customer support is helpful but sometimes slow to respond. Overall, it's a decent platform but they could improve on execution speed and support.
Neutral
FX1663763083
Cyprus
Fast deposit & withdrawal, with a variety of intruments to choose from & a very strong supporting team.
Neutral