Mayhemfinancial Review

CONTENT

• General Information & First Impressions
• Fund and Account Security
• Account info at mayhemfinancial.com
• Mayhemfinancial’s Trading Platform
• Conclusion

Broker Review: Mayhemfinancial

General Information & First Impressions

Mayhemfinancial is a brokerage from the UK that’s been operating for about four years now. Constant development and various functional improvements have brought it into the spotlight of the online trading world. Our Mayhemfinancial review will investigate the broker’s features and security, letting you figure out whether it’s your next trading hub.

Mayhemfinancial is a CFDs brokerage, which we know may cause some stirring with online traders. However, we feel like CFDs have an overly-negative reputation attached to them without much reason. The primary concern is that many scammers pose as CFD brokerages to lure victims. However, you can avoid scammers if you’re careful while selecting your broker.

And if you do so, you’re in for much better service than with a regular brokerage. CFDs bring cheaper costs, more liquidity, and a broader selection of assets to the vast majority of traders. Eliminating CFDs as a whole because you’re convinced they’re scams is unwise, as you’re missing profits.

And we’ll go over the broker’s security in the next section of our Mayhemfinancial review, but let’s pause. We’d like to talk a bit more about the initial impression we got when we started exploring mayhemfinancial.com.

Many brokers neglect the user experience side of things and just focus on pushing their conditions. However, they end up frustrating to use, which ultimately agitates potential users and loses them customers. Mayhemfinancial didn’t make that mistake, instead making sure it was usable and easy to explore.

That displays attention to detail and respect for customers. It makes newer traders feel less overwhelmed and wastes less time for those already accustomed to using online brokers. Overall, the approach is great and has made us eager to learn more about the broker for our mayhemfinancial.com review.

Fund and Account Security

Online safety is never guaranteed, but finance is especially dangerous. The first threat comes from untrained online personalities who really don’t know what they’re talking about. They are either broker spokesmen, referral farmers, or just influencers who cooperate with financial businesses. Either way, it benefits them to say you can earn thousands overnight while investing pocket change since that’s what people like to hear.

That creates a base of uninformed, idealistic traders, who are easy to exploit and believe impossible stories. Then scam brokers step in and pick up the newbies who are likely to believe exaggerated stories since they’ve heard them from online personas they trust. They rush into the scams head-first and lose their hard-earned money.

Spotting these scams isn’t easy, even if you’re a sounder trader. Their victims help them propagate, and now they’ve become fairly common in the finance industry. However, they’re not impossible to spot if you have experience exploring brokerages.

Sadly, most traders don’t since they seldom switch brokers, but that’s why we’re here. This part of our Mayhemfinancial review is devoted to determining whether you can trust the company.

We’re happy to say that we didn’t find anything that would make us think Mayhemfinancial is out to get you. It shows integrity in presenting information and aims to keep its users well-informed.

Also, the fact that the broker operates from the UK cements its well-intendedness. As we’re sure you’re already aware, most scam brokers displace themselves in offshore locations where they’re difficult to pursue. Mayhemfinancial’s decision to operate from the UK shows it’s not afraid of stricter regulation. Of course, that also implies it has no intention of overstepping boundaries.

Account Info at mayhemfinancial.com

Mayhemfinancial follows the tried-and-tested account structure that many brokers have opted to use. Namely, the accounts are tiered, so they’re strict upgrades over one another. As you progress through the structure, the next account is always an upgrade, never an alternative option. The way you reach these accounts is via meeting various cumulative deposit thresholds.

That holds numerous advantages for traders. For example, there’s the possibility of effortlessly reaching new accounts just by trading. As you make money over time, you may feel more comfortable with depositing and trading larger sums. And as you do, that adds to your deposit total, eventually putting you over the edge of the next account. That way, you gradually receive service upgrades without really making an active effort.

However, the biggest upside is certainly that the structure allows Mayhemfinancial to make the accounts free. As we said earlier in our Mayhemfinancial review, it strives to remain open, and the accounts definitely help. It’s not like anyone can meet the deposit thresholds for every account, but it makes the entire structure more accessible. There are no upkeep costs that would weigh down on your trading profits.

There’s an option for budget users, requiring only a $250 deposit, and others for more high-end traders. That way, nobody gets locked out of the broker’s service. All accounts outperform others that require similar investments, so there are really no underwhelming choices there.

You can take a look at the account conditions and features at mayhemfinancial.com here:

Silver

• Minimum Deposit: $250
• Personal Account Manager
• Basic Market Education Sessions
• Personalised Trading Alerts

Gold

• Minimum Deposit: $25000
• Personal Account Manager
• Basic Market Education Sessions
• Personalised Trading Alerts
• Risk-Free Trades

Platinum

• Minimum Deposit: $100000
• Personal Account Manager
• Basic Market Education Sessions
• Personalised Trading Alerts
• Risk-Free Trades
• Access to OTC Trading
• Access to Arbitrage Trading

Diamond

• Minimum Deposit: $500000
• Personal Account Manager
• Basic Market Education Sessions
• Personalised Trading Alerts
• Risk-Free Trades
• Higher Leverage
• Access to OTC Trading
• Access to Arbitrage Trading
• Independent Contract
• Premium Platform Support

Mayhemfinancial’s Trading Platform

As we said earlier in our Mayhemfinancial review, it cares not only about function but also about comfort. To that end, it has secured one of the leading trading platforms for its users. It uses a web version of MetaTrader4 as its trading basis, ensuring a fantastic experience.

Many of Mayhemfinancial’s customers have already used MetaTrader platforms, so they won’t need to relearn anything. On top of that, the platform is intuitive, so beginners will be able to start their trading journey. As they progress, they’ll be able to incorporate more elements and features into their trading. In the end, the platform will prove to be a significant boon to anyone who uses it.

Beyond the standard trading and analysis features, mayhemfinancial.com also has multi-terminal trading. In other words, you can simultaneously have multiple trading accounts on the platform. That’s a fantastic feature for professionals who manage other traders’ accounts. There’s something for everyone which matches the broker’s overall effort to be as inclusive as possible.

Conclusion

As we repeatedly said in our Mayhemfinancial review, the broker has a potent trading service. It allows anyone to flourish as a trader and achieve their max potential.

However, the advantage doesn’t simply lie in the strong trading conditions. That wouldn’t be enough to make the broker stand out against other similar companies. The real standout feature is the comfortability and assistance it provides along the way. It makes the trading experience seamless and makes it easier to remain in the right headspace for longer.

Altogether, the broker has managed to impress us throughout our review. We suggest giving it a shot if you’re searching for your next trading hub.