Maleyat Reviews 42

TrustScore 3 out of 5

3.2

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Rated 1 out of 5 stars

Most of the 5star reviews are fake here. They changed their company name from maleyat to Naqdi, now you can understand why.. 100% fraud brokerage. Don't fall into their trap.

Rated 5 out of 5 stars

This is the third time I’m trading with Maleyat, so far alhamdulillah. I used to trade with my relationship manager MR Nitin, according to his strategy so far I took two break after making good profit... See more

Company replied

Rated 5 out of 5 stars

Maleyat has been a great helper in helping me manage my money. Their brokers know a lot about the business and gave then great help. They took the time to learn about my financial goals and then made... See more

Company replied

Rated 5 out of 5 stars

Maleyat has been great at giving financial help and acting as a broker. Their brokers are very skilled and know a lot about the business. The terms they helped me got for funding my business growth we... See more

Company replied


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3.2

Average

TrustScore 3 out of 5

42 reviews

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Rated 1 out of 5 stars

Scamers and any good review is simply…

Scamers and any good review is simply one of their scamers.
Fund Withdrawal request submitted on May 20th and after several emails was approved on June 20th and clearly mentioned in the email that it will take 3-7 days to be funded in my bank account.
Today followed up again on the payment they replied that the equity was lost.
I'm just wondering how it was lost.
Like seriously 🙄 I don't really understand how the equity lost if I have no trade open and Withdrawal was approved.
Case opened in Dubai Police against them and not giving up before sending them all to the Jail specially the Arabic guy his name is Qusai.

July 2, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Amr,

Thank you for taking the time to share your feedback about your recent online trading experience. While we're disappointed to hear you encountered issues, we appreciate your honesty.

We take all feedback seriously, and yours will be valuable in helping us improve our platform and services. We'll be sure to share your concerns with the relevant team to investigate and work towards solutions.
Here's what you can expect:
We apologize for any inconvenience caused.
We will review your feedback.
We will work on improvements to ensure a smoother trading experience for all users.
If you'd like to discuss your experience further or have any specific suggestions, please don't hesitate to reply to this email. We're always happy to talk.
Thank you again for your feedback. We value your business and hope to regain your trust in the future.

Sincerely,
Maleyat Customer Service

Rated 5 out of 5 stars

Good company

Good company
Had an amazing opportunity to trade with Maleyat as beginner there account manager guidance was proper worthy.

Thanks Maleyat.

June 6, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Ahmed,

We are thrilled to hear that you had a positive experience with Maleyat! Your kind words mean a lot to our entire team. We are committed to becoming the trusted broker for traders worldwide, and receiving feedback like yours reassures us that we are achieving our goals.

We truly appreciate you taking the time to share your thoughts with us.

Warm Regards,
Maleyat Customer Service

Rated 1 out of 5 stars

Stay away from this company

Stay away from this company. They will convince you that they are legit and pressure you to put more money in for better profits, make a couple of small profitable trades but u will never be able to withdraw your money. So your money is basically stuck in there and will never make it back to you. And when u contact them they will claim they sent it back to you and it’s not their problem. I tried two different accounts and never got money back from either account. They are licensed in SA so that should read complete scam in itself. Do yourself a favour and find a trusted broker with a better trust score than this pathetic scam of a company.

June 23, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Sali,

Thank you for taking the time to share your feedback about your recent online trading experience. While we're disappointed to hear you encountered issues, we appreciate your honesty.

We take all feedback seriously, and yours will be valuable in helping us improve our platform and services. We'll be sure to share your concerns with the relevant team to investigate and work towards solutions.
Here's what you can expect:
We apologize for any inconvenience caused.
We will review your feedback.
We will work on improvements to ensure a smoother trading experience for all users.
If you'd like to discuss your experience further or have any specific suggestions, please don't hesitate to reply to this email. We're always happy to talk.
Thank you again for your feedback. We value your business and hope to regain your trust in the future.

Sincerely,
Maleyat Customer Service

Rated 5 out of 5 stars

Comparatively Good Service

Comparatively Good Service. Getting good awareness about the market. First I try to trade alone.i was unable too make profit out of my trade then I decided to give up...why to waste my money and my mental peace...suddenly I got call from maleyt and they told me that they can assist me in my trading with their expertise. I was hesitant to start again. by half minded I start again. By God grace I am able to recover my previous losses and slowly I am on track.
A Big Salute to Maleyat Research department and huge thanks from bottom of my heart. now I am able to generate a secondary income from forex market
My Advice to Traders is patience and discipline is important and you should have someone who is expertise in market to assist you....

June 2, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Eman,

We are thrilled to hear that you had a positive experience with Maleyat!
Your kind words mean a lot to our entire team. We are committed to becoming the trusted broker for traders worldwide, and receiving feedback like yours reassures us that we are achieving our goals.

We truly appreciate you taking the time to share your thoughts with us.

Warm Regards,
Maleyat Customer Service

Rated 1 out of 5 stars

This broker is completely fraud these…

This broker is completely fraud these guys are wasting money they don't have professional team. These guys wasted 18500 dollar total in my relative circle including me. Please don't invest and don't waste your money with these un professional team.. they will ask you to add more money everytime and they will give you loose continuously because they don't know how to open the lot . Very disappointed

June 3, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Ahsan

Thank you for taking the time to share your feedback about your recent online trading experience. While we're disappointed to hear you encountered issues, we appreciate your honesty.

We take all feedback seriously, and yours will be valuable in helping us improve our platform and services. We'll be sure to share your concerns with the relevant team to investigate and work towards solutions.
Here's what you can expect:
We apologize for any inconvenience caused.
We will review your specific feedback regarding [mention the core of the negative feedback].
We will work on improvements to ensure a smoother trading experience for all users.
If you'd like to discuss your experience further or have any specific suggestions, please don't hesitate to reply to this email. We're always happy to talk.
Thank you again for your feedback. We value your business and hope to regain your trust in the future.

Sincerely,

Rated 1 out of 5 stars

Please stay away from them 🙏🏻

They managed to hide my review in google.
Never fall prey for their scam. If the sales person Mohd. Asad Qureshi calls you hang up and block his number. He will make you invest and vanish. The RM will keep pushing you to invest more and make you do trades which will have floating losses leading you to hold the account with them. They will never make any profit for you. Trust me on this. I was additionally charged admin fees weekly on top of high spread charges. Please stay away from them.

June 3, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Vinu,

Thank you for taking the time to share your feedback about your recent online trading experience. While we're disappointed to hear you encountered issues, we appreciate your honesty.

We take all feedback seriously, and yours will be valuable in helping us improve our platform and services. We'll be sure to share your concerns with the relevant team to investigate and work towards solutions.
Here's what you can expect:
We apologize for any inconvenience caused.
We will review your specific feedback regarding [mention the core of the negative feedback].
We will work on improvements to ensure a smoother trading experience for all users.
If you'd like to discuss your experience further or have any specific suggestions, please don't hesitate to reply to this email. We're always happy to talk.
Thank you again for your feedback. We value your business and hope to regain your trust in the future.

Sincerely,

Rated 1 out of 5 stars

Useless broker and pms company which…

Useless broker and pms company which tanked all my money

June 6, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Murlidhar,

Thank you for taking the time to share your feedback about your recent online trading experience. While we're disappointed to hear you encountered issues, we appreciate your honesty.

We take all feedback seriously, and yours will be valuable in helping us improve our platform and services. We'll be sure to share your concerns with the relevant team to investigate and work towards solutions.
Here's what you can expect:
We apologize for any inconvenience caused.
We will review your specific feedback regarding [mention the core of the negative feedback].
We will work on improvements to ensure a smoother trading experience for all users.

If you'd like to discuss your experience further or have any specific suggestions, please don't hesitate to contact support@maleyat.com. We're always happy to talk.

Thank you again for your feedback. We value your business and hope to regain your trust in the future.

Sincerely,

Rated 1 out of 5 stars

You are welcome if you can afford the losses and take some headaches

They are good untill you deposit money.. They will show you some good signal and ask you to deposit more money. Once you deposit, you will start losing money. They will put you in some dumb trade and later they suggest you to read news. One thing they can do better is reading news 😂😂. I lost my 9k which was tuition fees for upcoming year. They are really dumb .Don’t put your money in a crap.
They have no idea about the market predictions. The can only read news and tell you some stories.
And try to spread the awareness specially the people in Dubai. Don’t loose your money brothers. Be careful, Be very careful.

May 23, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Saint,

Thank you for taking the time to share your feedback about your recent online trading experience. While we're disappointed to hear you encountered issues, we appreciate your honesty.

We take all feedback seriously, and yours will be valuable in helping us improve our platform and services. We'll be sure to share your concerns with the relevant team to investigate and work towards solutions.

Here's what you can expect:

We apologize for any inconvenience caused.
We will review your specific feedback regarding [mention the core of the negative feedback].
We will work on improvements to ensure a smoother trading experience for all users.

If you'd like to discuss your experience further or have any specific suggestions, please don't hesitate to send us an email to support@maleyat.com. We're always happy to talk.

Thank you again for your feedback. We value your business and hope to regain your trust in the future.

Sincerely,
Maleyat Customer Service

Rated 5 out of 5 stars

Easy in out of funds

Easy in out of funds

Smooth platform

March 17, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Zakaria,

We are thrilled to hear that you had a positive experience with Maleyat!

Your kind words mean a lot to our entire team. We are committed to becoming the trusted broker for traders worldwide, and receiving feedback like yours reassures us that we are achieving our goals.

We truly appreciate you taking the time to share your thoughts with us.

Sincerely,
Maleyat Customer Service

Rated 1 out of 5 stars

Fraud brokerage don’t put your money…

Fraud brokerage don’t put your money with this guy

May 1, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Forexking,

Thank you for taking the time to share your feedback about your recent online trading experience. While we're disappointed to hear you encountered issues, we appreciate your honesty.

We take all feedback seriously, and yours will be valuable in helping us improve our platform and services. We'll be sure to share your concerns with the relevant team to investigate and work towards solutions.

Here's what you can expect:

We apologize for any inconvenience caused.
We will review your specific feedback regarding [mention the core of the negative feedback].
We will work on improvements to ensure a smoother trading experience for all users.

If you'd like to discuss your experience further or have any specific suggestions, please don't hesitate to send us an email to support@maleyat.com. We're always happy to talk.

Thank you again for your feedback. We value your business and hope to regain your trust in the future.

Sincerely,
Maleyat Customer Service

Rated 1 out of 5 stars

My account manager never contact me

May 9, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Mohamed,

Thank you for taking the time to share your feedback about your recent online trading experience. While we're disappointed to hear you encountered issues, we appreciate your honesty.

We take all feedback seriously, and yours will be valuable in helping us improve our platform and services. We'll be sure to share your concerns with the relevant team to investigate and work towards solutions.

Here's what you can expect:

We apologize for any inconvenience caused.
We will review your specific feedback regarding [mention the core of the negative feedback].
We will work on improvements to ensure a smoother trading experience for all users.

If you'd like to discuss your experience further or have any specific suggestions, please don't hesitate to send us an email to support@maleyat.com. We're always happy to talk.

Thank you again for your feedback. We value your business and hope to regain your trust in the future.

Sincerely,
Maleyat Customer Service

Rated 1 out of 5 stars

European Shares

Genuine broker.
My depsoits and withdrawls are smooth, the thing to improve to add european shares on the platform

Which i have actually want to trade on.

May 10, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Sazid,

Thank you for taking the time to share your feedback about your recent online trading experience. While we're disappointed to hear you encountered issues, we appreciate your honesty.

We take all feedback seriously, and yours will be valuable in helping us improve our platform and services. We'll be sure to share your concerns with the relevant team to investigate and work towards solutions.

Here's what you can expect:

We apologize for any inconvenience caused.
We will review your specific feedback regarding [mention the core of the negative feedback].
We will work on improvements to ensure a smoother trading experience for all users.

If you'd like to discuss your experience further or have any specific suggestions, please don't hesitate to send us an email to support@maleyat.com. We're always happy to talk.

Thank you again for your feedback. We value your business and hope to regain your trust in the future.

Sincerely,
Maleyat Customer Service

Rated 1 out of 5 stars

Fraud brokerage with zero knowledge

They have zero knowledge employees, who are going play with your money.
Frequently they call me and forced to deposit money else you loose existing money.

Fraud brokerage company.

May 1, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Raman,

Thank you for taking the time to share your feedback about your recent online trading experience. While we're disappointed to hear you encountered issues, we appreciate your honesty.

We take all feedback seriously, and yours will be valuable in helping us improve our platform and services. We'll be sure to share your concerns with the relevant team to investigate and work towards solutions.

Here's what you can expect:

We apologize for any inconvenience caused.
We will review your specific feedback regarding [mention the core of the negative feedback].
We will work on improvements to ensure a smoother trading experience for all users.

If you'd like to discuss your experience further or have any specific suggestions, please don't hesitate to send us an email to support@maleyat.com. We're always happy to talk.

Thank you again for your feedback. We value your business and hope to regain your trust in the future.

Sincerely,
Maleyat Customer Service

Rated 1 out of 5 stars

support only up to join after we have to do ourselves no direction or indication and mainly the swap charges is very HIIIIIIIGH what you make swallow as swap

support only up to join after we have to do ourselves no direction or indication
and mainly the swap charges is very HIIIIIIIGH
what you make swallow as swap

April 1, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Taj,

Thank you for taking the time to share your feedback about your recent online trading experience. While we're disappointed to hear you encountered issues, we appreciate your honesty.

We take all feedback seriously, and yours will be valuable in helping us improve our platform and services. We'll be sure to share your concerns with the relevant team to investigate and work towards solutions.

Here's what you can expect:

We apologize for any inconvenience caused.
We will review your specific feedback regarding [mention the core of the negative feedback].
We will work on improvements to ensure a smoother trading experience for all users.

If you'd like to discuss your experience further or have any specific suggestions, please don't hesitate to send us an email to support@maleyat.com. We're always happy to talk.

Thank you again for your feedback. We value your business and hope to regain your trust in the future.

Sincerely,
Maleyat Customer Service

Rated 5 out of 5 stars

widrawal were smooth

widrawal were smooth
I made a descent amount of profit with the guidance

April 20, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Shringar,

We are thrilled to hear that you had a positive experience with Maleyat!

Your kind words mean a lot to our entire team. We are committed to becoming the trusted broker for traders worldwide, and receiving feedback like yours reassures us that we are achieving our goals.

We truly appreciate you taking the time to share your thoughts with us.

Sincerely,
Maleyat Customer Service

Rated 1 out of 5 stars

“Worst broker - Maleyat”…

I have opened swap free “premier” account with Maleyat Group (Pty) Limited ("Maleyat") through the introductory party MCG Introduction Services LLC ("MCG") in the UAE. My Relationship Manager Ms. Shivali Batta informed me via whatsapp that I can hold positions for sometime and thats exactly what I did (refer below screenshot of account types). Maleyat has charged backdated swap of USD 4,334.60 and told me that there was abuse of swap free account. Please note that there are no futures contracts available of mt4/Mt5 account, so how can someone abuse swap free facility?

In fact Maleyat has abused my account by

1. Reversal of bonus of USD 2,011 immediately and charging backdated swap fee of USD 4,334.60 after sending the email on 07 March 2024, without thinking i had opened positions which could trigger margin calls and stop out my running trades
In my account, price of spot indices are manipulated, which i have flagged to Ms Shivali. Spot price of indices are higher than current market price.

2. Maleyat has high spread on indices and currencies, which is not competitive and I was always paying high spread considering I am saving some on swap charges for my trades. But at the end they have abused my account by charging backdated swaps
Maleyat never pays dividend on spot indices (buying), which is another abuse in my account.
3. There was no information provided me with the calculation of back dated swap charges of USD 4,334.60 on 07 March 2023.

4. Maleyat never paid dividend on spot indices (buying), which is another abuse in my account.

5. There was no information provided me with the calculation of back dated swap charges of USD 4,334.60 on 07 March 2023. That’s also an abuse for not giving any information for charges. I have denied and not accepted these charges.

These are abuse in my account while dealing with Maleyat for last 3 months. I trusted my RM and the company that they are good broker but trust me they are the worst broker in the market and stay away from them.

March 7, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Anil,

Thank you for taking the time to share your feedback about your recent online trading experience. While we're disappointed to hear you encountered issues, we appreciate your honesty.

We take all feedback seriously, and yours will be valuable in helping us improve our platform and services. We'll be sure to share your concerns with the relevant team to investigate and work towards solutions.

Here's what you can expect:

We apologize for any inconvenience caused.
We will review your specific feedback regarding [mention the core of the negative feedback].
We will work on improvements to ensure a smoother trading experience for all users.

If you'd like to discuss your experience further or have any specific suggestions, please don't hesitate to send us an email to support@maleyat.com. We're always happy to talk.

Thank you again for your feedback. We value your business and hope to regain your trust in the future.

Sincerely,
Maleyat Customer Service

Rated 1 out of 5 stars

This is another scammer broker

This is another scammer broker, give all fake promises, low spread and high rebate to attract you in. Once you or you client in and make deposit, you can only lose here, because if clients win they will remove profit saying you violated trading rules. What a scammer!!!

February 13, 2024
Unprompted review
Maleyat logo

Reply from Maleyat

Dear Daddy,

Thank you for taking the time to share your feedback about your recent online trading experience. While we're disappointed to hear you encountered issues, we appreciate your honesty.

We take all feedback seriously, and yours will be valuable in helping us improve our platform and services. We'll be sure to share your concerns with the relevant team to investigate and work towards solutions.

Here's what you can expect:

We apologize for any inconvenience caused.
We will review your specific feedback regarding [mention the core of the negative feedback].
We will work on improvements to ensure a smoother trading experience for all users.

If you'd like to discuss your experience further or have any specific suggestions, please don't hesitate to send us an email to support@maleyat.com. We're always happy to talk.

Thank you again for your feedback. We value your business and hope to regain your trust in the future.

Sincerely,
Maleyat Customer Service

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