Abstract:Mayfair Finance is your common shady brokerage that is immediately noticeable. Their website lacks any information on trading conditions, their registered address is in an infamous offshore destination, and the UK’s Financial Conduct Authority has made it clear that the broker is best avoided.
Note: Mayfair Finance's official website: https://www.mayfair.exchange/ is currently inaccessible normally.
Mayfair FinanceReview Summary | |
Founded | / |
Registered Country/Region | Dominica |
Regulation | No regulation |
Market Instruments | Forex, Commodities, Indices, Stocks |
Demo Account | ❌ |
Leverage | / |
Spread | / |
Trading Platform | Premium, mobile and web traders. |
Min Deposit | €50,000 |
Customer Support | Phone: +44-204-548-2940 |
Mayfair Finance, incorporated in Dominica, is a broker that allows traders to trade Forex, commodities, indices and equities. It offers 3 kinds of accounts and 3 kinds of trading platforms. At present, Mayfair Finance is not subject to any regulation.
Pros | Cons |
Many tradable products | No regulation |
The official website cannot be accessed |
Mayfair Finance is currently unregulated and its website is inaccessible.
The broker claims to offer tradable instruments including forex, commodities, indices and stocks.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Stocks | ✔ |
Bonds | ❌ |
ETF | ❌ |
The broker offers three account plans to choose from, including Basic, Premium and Platinum. The minimum deposit for premium and Platinum accounts is set at €50,000 and €100,000 respectively. You can deposit up to €49,000 in a basic account.
The broker claims to offer three platforms including premium, mobile and web traders.
The broker offers deposit options including Maestro, mastercard, Skrill, Visa and wire transfers. Making a deposit is very easy and the whole process can be completed in less than five minutes.
Traders from diverse regions, including Iraq, Africa, the USA, the UAE, etc., have raised serious concerns about TNFX and its operations and have also brought forward reports of legal actions and security service reviews. All the instances and proofs point toward the broker being scammy and unreliable.
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