Mazi Finance
Abstract：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.
| 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.
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