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