Abstract：Did Mazi Finance deny withdrawals once you made profits? Did the Saint Lucia-based forex broker deny based on terms and conditions that did not exist while opening a trading account? Do you frequently encounter issues concerning the Mazi Finance App download? Do you fail to place trades due to the server issues on the trading app? These are some problems traders have highlighted while sharing the Mazi Finance review. Read on as we share some complaints against the forex broker.
Did Mazi Finance deny withdrawals once you made profits? Did the Saint Lucia-based forex broker deny based on terms and conditions that did not exist while opening a trading account? Do you frequently encounter issues concerning the Mazi Finance App download? Do you fail to place trades due to the server issues on the trading app? These are some problems traders have highlighted while sharing the Mazi Finance review. Read on as we share some complaints against the forex broker.
Investigating the Top Forex Trading Complaints Against Mazi Finance
Multiple Complaints on Withdrawals, Especially When Traders Gain Profit
Multiple traders have complained about the numerous excuses Mazi Finance gives to deny withdrawals when traders are in profit. These reasons even include the abrupt terms and conditions stipulated by the broker upon the Mazi Finance withdrawal request. However, these allegedly do not exist at the time of account opening. Check out the multiple Mazi Finance reviews on withdrawal denials.
Allegations Against Mazi Finance Withdrawal Support Team
The broker‘s customer support team came under fire from multiple traders who took strong exception to the lack of response to their fund withdrawal requests. Traders even complain that the support team closes the complaint ticket even when withdrawal issues have not been resolved. This, if true, will only damage Mazi Finance’s reputation as a forex broker. Without any delay, let‘s check out the traders’ allegations against the Mazi Finance support team.
Withdrawals Fail to Hit Traders Bank Accounts
Traders also allege that while Mazi Finance approves their withdrawals, the same do not get credited to their bank accounts for days or weeks. A couple of traders have highlighted this issue while sharing the Mazi Finance review online. Have a look at their complaints below.
Difficulty in Placing Trades on the Mazi Finance App
A trader reported that the companys trading app is often fraught with server issues, preventing trader order placement. The trader also noted high slippage even when the network remains good. This made the trader urge others to stop using the app for trading. Frustrated by the Mazi Finance login issues on the app, the trader shared this review.
Multiple Traders Resort to Legal Firms for Fund Recoveries
Multiple traders reached out to legal firms to recover their funds after they were allegedly denied fund withdrawals due to numerous reasons that did not seem reasonable. The support provided by these firms has been instrumental in helping traders recover their stuck funds. Here are multiple Mazi Finance reviews where traders have mentioned receiving assistance from legal firms.
Mazi Finance Regulation Review by WikiFX
After reading the traders‘ allegations, you must be wondering whether Mazi Finance is safe or not for forex trading. Don’t fret! Yes, Mazi Finance is not regulated by any competent financial authority. The WikiFX team, investigating the broker, found this critical piece of information. This remains the case despite the broker having been operating for over two years. The no-license status and the investment risks that come with it made the WikiFX team assign a very low score of 1.91 out of 10 to Mazi Finance.
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