This review is dedicated to the broker Mayfair Wealth Ltd, which assures us that protecting client funds is its priority. However, what reliability and security can there be if the company does not possess any licenses, although it should? According to the official website, the firm is located in Canada, but where is the regulation from the Canadian regulator? The organization also claims it was founded in 2019, but that still needs to be verified. In general, let’s see how convenient and safe this platform is.

How to Trade

The company promises access to over 200 CFDs (forex, metals, indices, commodities, cryptocurrencies, and stocks). Meanwhile, Mayfair Wealth Ltd offers a trading platform that works in any browser, as well as one that can be downloaded to a computer.

The minimum deposit is $2,500. Moreover, if a trader wants more opportunities and better conditions, they need to open a more expensive tariff, meaning investing more funds. Additional services in Mayfair Wealth Ltd are diverse:

  • 10% bonus.
  • Insured trades.
  • Access to credit from the firm.
  • Arbitrage.
  • Credit card.
Mayfair Wealth Ltd hides the size and type of spreads, as well as commissions. The deposit balance can be replenished using bank cards or Bitcoin. The firm also requires all its clients to undergo identity verification.

Mayfair Wealth Ltd Vital Info

The firm boasts of having been operational since 2019, but doesn’t this seem strange and suspicious to you? After all, there are not so many reviews about Mayfair Wealth Ltd on the internet.

We suspect that the company is misleading users by stating such an experience. The domain of the official website was only registered in 2024. And how can an online broker operate without a website? It can’t.

The legal address is in Canada. At least, that’s what is stated on the website. However, not a word is said about regulation. Don’t Canadian brokers need to obtain a license from IIROC? They do. Meanwhile, Mayfair Wealth Ltd does not have regulation, we even checked the registry of the Canadian financial commission. Such an organization is not there. Likely, the address is a fake.

FAQ

What are the key facts about Mayfair Wealth Ltd?

We were able to find out that the company falsified its founding date, as it was actually established not in 2019 but in 2024 - the domain registration date confirms this. Moreover, we suspect that the address in Canada is also fake, as the broker for some reason did not obtain a license from the Canadian regulator IIROC. Thus, we are presented with two false facts. It can also be confidently stated about illegal activity, as there is no regulation. And lastly, add about the business model with a conflict of interest, as this is a dealing desk, which profits only when traders lose money.

What's the risk to my wallet when working with this broker?

You risk losing all your money here, as the company operates illegally. Mayfair Wealth Ltd cannot provide reliability guarantees, and there is no regulatory oversight of the brokerage activity. Therefore, client funds are in danger and can be stolen.

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