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/10
The WikiFX Score of this broker is reduced because of too many complaints!

MahiMarkets

United Kingdom|5-10 years|
MT4 Full License|Regional Brokers|High potential risk|

https://mahimarkets.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
MahiFX-Demo MT4
Server Location United States

Contact

+44 (0)203 397 1825
info@mahimarkets.com
https://mahimarkets.com/
United Kingdom LABS, Hogarth House 136 High Holborn London WC1V 6PX
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+44 (0)203 397 1825

English

+64 (0)32 880389

Broker Information

More

Company Name

MahiMarkets

Company Abbreviation

MahiMarkets

Platform registered country and region

United Kingdom

Company website
Instagram
Linkedin

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 6
Previous Detection : 2024-05-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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    MahiMarkets · Company Summary

    General Information & Regulation

    Founded in 2010, MahiFX is a brokerage firm headquartered in New Zealand with entities in Australia and the U.K. MahiFX currently holds a straight-through license from the U.K. Financial Conduct Authority (Regulation No.751019). MahiFX offers a wide range of products created by experienced team: MFX Compass, MFX Vector, and MFX Trade.

    Market Instruments

    MahiFX offers its investors over 100 pairs of Forex currency pairs and precious metals as the main financial products.

    Minimum Deposit

    MahiFX offers retail investors a trading account with no commissions, only spreads, and no minimum deposit requirements. There are also accounts designed for specific needs, such as institutional and professional accounts.

    MahiFX Leverage

    The maximum trading leverage is 1:100 when trading with MahiFX New Zealand and 1:30 for major currency pairs, 1:20 for minor currency pairs, and 1:10 for commodities when trading with MahiFX UK entities.

    Spreads & Commissions

    MahiFX does not charge commissions on each trade, and all trading costs are built into spreads. The average spread on the EURUSD is one pip, which is not the lowest but is a relatively competitive spread among industry quotes. MahiFX will always charge overnight interest on positions held longer than one day, with each instrument charging a different quote for overnight positions.

    Trading Platform

    MahiFX offers traders a variety of trading platforms, including three innovative, self-developed trading platforms: MFX Compass, MFX Vector, MFX Echo, and the current market-leading and highly regarded MT4 trading platform. The MahiFX trading platform features dynamic timing and pricing, an selection of limit orders and trading modes. The combination with the MFX Echo and MFX Compass products enhances all features and allows traders to take advantage of the great benefits of powerful analysis and risk management.

    Deposit and Withdrawal

    MahiFX supports traders to fund their live trading accounts via wire transfer, VISA/MasterCard credit card.

    MahiFX

    Customer Support

    A London help desk number connects traders with a MahiFX support representative. There is also an online help request form and Chat is available during trading hours. The FAQ section is divided into different sectors and is well presented.

    News

    MahiMarkets Introduces MFX Radar, white label Options product

    NewsMahiMarkets Introduces MFX Radar, white label Options product

    2023-05-31 15:11

    MahiMarkets recently launched a new white label Options product called MFX Radar. This new product is expected to provide a wide range of benefits to traders, including access to a variety of options trading strategies, real-time market data, and advanced risk management tools

    WikiFX
    2023-05-31 15:11
    News
    MahiMarkets Introduces MFX Radar, white label Options product

    User Reviews

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    User comment

    3

    Comments

    Write a review

    fly60219
    more than one year
    MahiFX is totally a scam! At first they lured me in with various conditions, letting me invest and promising me high returns. When I wanted to withdraw money, they asked me to pay a large deposit, but they never gave it back to me.
    2022-11-30 10:22
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    0
    0
    神的宝贝15075194525
    more than one year
    Fraud clone company! They induce traders to download the clone MahiFX and use a small amount of withdrawal as bait. When they have gotten enough from our traders, they make all kinds of excuses to refuse withdrawals and even stole our money from our accounts.
    2022-11-27 15:45
    Reply
    0
    0
    FX1061218412
    more than one year
    Just recently, I've had issues with this broker. Since last year, I have attempted to withdraw my money, but my account has been blocked. Each and every one of their responses is an excuse. Besides, There aren't any cutting-edge trading tools available. Unfortunately, I was unable to acquire any knowledge from them.
    2022-11-27 00:39
    Reply
    0
    0
    9
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    United States
    ※ The content of this website abides with local laws and regulations.
    You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
    consumer hotline:006531290538
    Official Email:support@wikifx.com;
    Mobile Phone Number:234 706 777 7762;61 449895363
    Telegram:+60 103342306
    Whatsapp:+852-6613 1970;
    License or other information error corrections, please send the information to:qawikifx@gmail.com
    Cooperation:fxeyevip@gmail.com