The website is operated by Mayfair Wealth Ltd, which states that its headquarters are in Ottawa. Furthermore, the company claims to have launched brokerage services in 2019. However, in the “Our History” section, the intermediary provides the information that this firm has been operating in the Canadian forex market for “more than two decades” and the brand was founded “in the late 70s.” So what is the actual period this company has been in business? Judging by the domain, it started operating only in February 2024, besides, the project does not have a brokerage license. We will check the legal and other aspects of this service and give an opinion on its safety.
Trading Conditions
Mayfair Wealth Ltd positions itself as a major global player in financial services. The broker offers customers a cloud-based platform that allows trading from any browser without downloading. You can take advantage of a mobile trading solution. The range of options by asset class includes more than 200 CFD instruments that provide clients with forex earnings, commodities, equities, stocks, indices, and cryptocurrency. Mayfair Wealth Ltd applies spreads from 0.1 pips and competitive commissions.
The brokerage company has developed 7 main trading plans that differ in the size of the minimum deposit. The set of services of each tariff includes all the offers of the previous level. You can choose an option at Mayfair Wealth Ltd from the following:
- BRONZE from $2,500 – Limited access to stocks, Access to commodities, 1 insured trade, 10% bonus for the first deposit.
- SILVER from $5,000 – Access to credit from the company, Access to the stock market.
- GOLD from $10,000 – Access to indices.
- PLATINUM from $25,000 – Arbitrage, Lower Swap Discount.
- PREMIUM from $50,000 – Company credit card, Even lower Spread/Swap discount.
- DIAMOND from $100,000 – Access to Swap (interest rate).
- VIP from $250,000 – Face-to-face meeting with your account representative.
The additional three accounts labeled “PLUS” include increased bonuses of up to 75% and an increased number of insured trades. A client may request Mayfair Wealth Ltd to execute a trade on their behalf or for them.
You can deposit with Mayfair Wealth Ltd via cryptocurrency, bank transfer, or credit/debit card. The platform uses automatic methods for instant withdrawals via cryptocurrency. The broker promises that you will get access to news, current prices, and economics after registering an account. Tech support functions through a 24/7 feedback form.
FAQ
Would investing in Mayfair Wealth Ltd offer the best returns?
You can be sure that you will lose your money when cooperating with this company. Anonymous owners of the project offer CFD trading with huge leverage, which is prohibited in the USA and limited in Europe to 1:30. In addition, the trading conditions on the platform are not transparent, fees and other important parameters are not specified.
Does Mayfair Wealth Ltd carry out withdrawals?
We analyzed the rules of the project and did not find any guarantees for the withdrawal of client funds. Traders can lose their money due to account blocking or due to manipulation of quotes by the broker. We invite you to express your opinion or share your experience of trading on this platform in the comments.
May I be scammed on mayfairwealthltd.com?
Yes, there are indications that this site is not safe. The company is not a trusted broker as it is not regulated by any financial authority. The information about the start date of the project is inconsistent and most likely unreliable, as there is no information about the domain transfer. In addition, there is no information about the platform owner, no copy of the company's registration certificate, and no license.
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How can I tell if this is a fraudulent company?
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6 reviews about Mayfair Wealth Ltd