Brokers  /  MALEYAT

MALEYAT

Moderate risk
🇿🇦 South Africa · 2-5 years · since 2023-09-25 · Maleyat group (PTY) LTD
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Independent ratingshow third parties score this broker
WikiFX1.4/10
Trustpilot3.2/5
Forex Peace Army/5
45
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Withdrawal complaints in ~17% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing6835%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints5412%
Offshore registration458%
Transparency (site/info/social)010%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameMaleyat group (PTY) LTD
Headquarters🇿🇦 South Africa
Founded2023-09-25
Years operating2-5 years
Employees0
Official websitemaleyat.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
106, 4t Floor, TBE 96 Rivonia Road Sandton Johannesburg 2191

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSCAForex Trading License (EP)51598South Africa

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.5)

Real-user reviews reveal a broker deeply distrusted by a significant portion of its client base. While a minority praise relationship managers and platform usability, the overriding theme is one of withdrawal obstacles and scam allegations. Users recount being pressured to invest more, only to find withdrawals blocked for months or indefinitely, and several 1‑star reviews specifically warn that positive ratings may be fake.

Best for
  • Traders who want to explore a demo account without depositing
  • High‑risk‑tolerant individuals willing to test a new broker with minimal funds
Not for
  • Investors who value reliable withdrawals
  • Novice traders
  • Those uncomfortable with aggressive sales and high‑pressure tactics
Period:
What users complain about
What users praise
Where reviewers are from
🇦🇪 AE21
🇺🇸 US3
🇳🇱 NL2
EG2
United States2
MM1
Positive vs negative · last 7 months Pos Neg
Feb
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Real user reviews

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What MALEYAT says about itself as stated by the broker · not independently verified by FXCanary

About Maleyat Group

The company presents itself as a regulated South African forex broker, Maleyat Group (PTY) LTD, located in Johannesburg. It emphasizes its oversight by the Financial Sector Conduct Authority (FSCA) as a mark of trustworthiness.

Account Offerings

According to the broker, it provides four account tiers—Risk‑Free Demo, Standard, Premier, and Elite—each with different minimum deposit levels. Leverage can reach up to 1:500 across accounts, and a swap‑free option is available for the Premier account.

Trading Platform and Instruments

MALEYAT promotes its proprietary Maleyat Web Trader platform, which it describes as user‑friendly. The platform gives access to forex, indices, commodities, cryptocurrencies, stocks, and metals.

Regulatory Claim

The broker states that it holds FSCA license number 51598, authorizing it to offer forex trading services in South Africa.

About MALEYAT

Who is Maleyat?

Maleyat Group (PTY) LTD is a forex brokerage incorporated on 25 September 2023 in South Africa. Its registered address is 106, 4th Floor, TBE 96 Rivonia Road, Sandton, Johannesburg 2191. According to public records, the company currently lists zero employees.

Despite its very recent founding, Maleyat has quickly built a global client base, with reviews appearing on multiple platforms.

Regulatory Oversight

The firm operates under a single regulatory licence: Financial Sector Conduct Authority (FSCA) of South Africa, Forex Trading License (EP) number 51598. The FSCA is a mid‑tier regulator; it does not provide depositor‑compensation schemes but requires licensees to meet certain capital and conduct standards.

As of this writing, the licence appears on the public register, though its current operational status is not independently confirmed.

Account Types at a Glance

Maleyat offers a tiered account structure: a Risk‑Free Demo account, Standard, Premier, and Elite. Minimum deposits vary by tier, though the broker does not disclose specific figures publicly. Leverage is available up to 1:500 across the range, a very high level that can magnify both gains and losses.

The Premier account can be set as swap‑free, a feature highlighted by the company. A Demo account allows prospective clients to test the platform without risking real funds.

Trading Platforms and Instruments

The broker provides its in‑house Maleyat Web Trader platform. It is browser‑based, so no software installation is needed. The platform gives access to forex, indices, commodities, cryptocurrencies, stocks, and metals.

There is no support for third‑party platforms such as MetaTrader 4 or 5, which may be a limitation for traders who rely on advanced charting tools or automated trading.

Funding and Withdrawals

The broker does not publicly detail its deposit and withdrawal methods. User reviews indicate that deposits can be made smoothly, but withdrawal experiences are frequently problematic. On Trustpilot, the broker holds a 3.2 out of 5 rating from 42 reviews, with a notable volume of 1‑star complaints about withdrawal delays and denials.

Prospective clients should anticipate that accessing their funds may not be straightforward, based on a pattern observed in public feedback.

Target Audience

With its high leverage and multi‑asset offering, Maleyat appears to target traders who are comfortable with significant risk and who may be drawn by the promise of personalized relationship management. The Demo account makes it accessible for those who want to evaluate the broker before committing capital.

However, given the volume of negative reviews and the broker’s limited track record, it is likely best suited only for the most cautious of testers—and then only with the smallest possible deposits.

Overview compiled by FXCanary from regulatory records and public data. full MALEYAT review