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MH Markets -

Score

7.08 /10
Good

MH Markets

Mauritius

5-10 years

Regulated in Australia

Forex Execution License (STP)

MT4 Full License

https://mhmarkets.com

Benchmark

A

Influence

B

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index5.87

Business Index6.99

Risk Management Index8.91

Software Index9.99

License Index5.87

Open Account
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

Mohicans Markets (Ltd)

Company Abbreviation

MH Markets

Platform registered country and region

Mauritius

Company website

X

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

EXPO

WikiFX Survey

Good

MH Markets

Hong Kong

WikiFX Verification

MH Markets · Benchmark
Average transaction speed(ms)
280.8 Great
The highest transaction speed(ms)
139 Good
The highest speed of opening positions(ms)
139 Good
The highest speed of closing position(ms)
139 Good
The lowest speed of opening positions(ms)
1993 Poor
The lowest speed of closing position(ms)
1998 Poor
Ranking： 56 / 125
Test user 252
Transactions 449,635
Ocuppied margin $7,190,895 USD
Data Source WikiFX Data provide
Updated: 2026-01-08 01:01:00

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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Sources
Data Source WikiFX Data provide
Updated: 2026-01-09
MH Markets · Company summary
MH Markets Review Summary
Founded2021
Registered Country/RegionMauritius
RegulationASIC, SCA (Exceeded)
Market InstrumentsForex, Commodities, Metals, Indices, Stocks
Demo Account✅
Spread/
LeverageUp to 1000x
Trading PlatformMT4, MT5
Social Trading✅
Minimum DepositUSD 50
Customer SupportLive chat, contact form
Tel: +971 4 364 8900
Email: support@mhmarkets.com
Registered address: 152 Franklin Roosevelt Avenue. Limassol, 3045, Cyprus
Operational address: Burj Al Salam Tower, Sheikh Zayed Road, Dubai - UAE
Restricted RegionsUnited States of America, Canada, Iran, Iraq, Democratic People's Republic of Korea (DPRK), Belarus, Australia, Malaysia, Myanmar, Russia, and Taiwa

MH Markets Information

MH Markets broker review reveals that MH Markets was registered in Mauritius and has a global presence. It mainly focuses on trading services in forex, commodities, indices, cryptocurrencies, and shares. The broker offers a demo account for practicing and 3-tiered live accounts.

In addition, traders can enjoy a top-notch trading experience with the industry-leading MetaTrader 4 and 5 platforms. MH Markets broker review highlights that the broker allows for social trading, enabling investors to quickly start profiting by following and interacting with successful predecessors within communication communities.Furthermore, participants can win bonuses by joining the broker's promotion programs, such as trading bonuses, cashback rewards, and loyalty gift promos. Another advantage noted in this MH Markets broker review is that the company is currently regulated by ASIC and SCA, meaning its financial activities are strictly monitored by these authorities—offering a certain level of customer protection. However, traders should be cautious, as the VFSC regulation status is exceeded.

MH Markets' homepage

Pros and Cons

Pros Cons
Regulated by ASICExceeded SCA regulation
MT4 and MT5 platforms
Demo accounts
Promotion programs
Affordable minimum deposit
Social trading

Is MH Markets Legit?

MH Markets broker regulation is currently overseen by the Australia Securities & Investment Commission (ASIC) and the SCA (Securities and Commodities Authority), holding license numbers 000455388 and 20200000159, respectively. This broker regulation ensures that the broker operates under strict oversight from reputable authorities.

However, one crucial point to note is that MH Markets broker regulation reveals the broker currently exceeds the scope of its SCA regulation. This suggests that it might be engaging in financial activities beyond what is legally permitted by the SCA, which could pose potential risks for traders.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
ASICRegulatedMOHICANS MARKETS CAPITAL PTY LTDStraight Through Processing (STP)000455388
SCAExceededMH Markets Financial Services LLCInvestment Advisory License20200000159
Regulated by ASIC
Exceeded ASIC license

What Can I Trade on MH Markets?

Trading InstrumentsSupported
Forex✔
Commodities✔
Metals✔
Indices✔
Stocks✔
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on MH Markets?

Account Type

Except for a demo account to familiarize yourself before commiting actual trading, the broker offers 3 tiered accounts with different trading conditions to suit for the needs of different client groups:

Account TypeMinimum Deposit Spread
Standard USD 50Low spread
ECNUSD 1,000Ultra-low spread
PRIMEUSD 100Extra-low spread
Account comparison

Leverage

While the broker offers leverage up to 1000x, traders should use leverage cautiously and choose the product that best suits their experience levels to avoid huge losses.

Trading Platform

MH Markets claims to use the world renowned MetaTrader 4 and 5 platforms, which are well-recognized by its advanced charting tools and robust functionalities.

You can reach the platform on web, or download app from Windows, mobiles phones and Mac.

Trading PlatformSupported Available Devices Suitable for
MT4✔Web/Windows/Mobile phonesBeginners
MT5✔Web/Windows/Mobile phonesExperienced traders
MT4
MT5

Deposit and Withdrawal

Per its website info, MH Markets enables payment through bank/wire transfers, credit cards, local banking, and QR payments.

Promotion Programs

To encourage customers to be actively in trading, MH Markets' promotion programs offer incentives such as deposit bonuses, monthly cashback rebates, and luxury gifts based on trading volume and deposit levels.

  • Deposit Bonus: traders can get a 10% bonus on deposits from $500 to $200,000. Bonus withdrawal requires trading volume of 25x the bonus within 90 days.
Deposit Bonus
  • Cashback Rebate: investors can earn up to $5 per lot based on net deposit levels. Cashback is capped (e.g., up to $40,000 for Level 3) and calculated monthly. The rebate only applies to Standard/Prime/ECN accounts.
Cashback Rebate
  • Gift Program: you can receive gifts like iPhones, MacBooks, or gift cards by meeting specific net deposit and trading volume thresholds set by the broker. Gifts can be selected by tier, and higher-tier rewards may be split into lower-tier items if criteria are met.
Gift Program

News

NewsIn-Depth Review of MH Markets Regulation and Compliance Profile – What Traders Should Really Know

This in-depth analysis provides a data-driven examination of the MH Markets regulation and compliance profile. Drawing primarily on verified data from the global broker inquiry app WikiFX, supplemented by public records, we will dissect the broker's multi-jurisdictional licensing, evaluate the real-world protections offered to traders, and interpret the warnings and ratings that define its standing in the competitive forex and CFD landscape.

WikiFX
2025-11-28 18:45
In-Depth Review of MH Markets Regulation and Compliance Profile – What Traders Should Really Know

NewsIn-Depth Review of MH Markets Trading Conditions and Leverage – An Analysis for Experienced Traders

For experienced traders, selecting a broker is a meticulous process that extends far beyond marketing claims and bonus offers. It involves a granular analysis of the core trading environment: the quality of execution, the flexibility of leverage, the integrity of the regulatory framework, and the suitability of the conditions for one's specific strategy. MH Markets, a broker with a 5-10 year operational history, presents a complex and multifaceted profile that warrants such a detailed examination. This in-depth review dissects the MH Markets trading conditions and leverage, using primary data from the global broker inquiry app, WikiFX, to provide a clear, data-driven perspective. We will analyze the broker's execution environment, account structures, and regulatory standing to determine which types of traders might find its offering compelling and what critical risks they must consider.

WikiFX
2025-11-26 18:19
In-Depth Review of MH Markets Trading Conditions and Leverage – An Analysis for Experienced Traders

NewsMH Markets Commission Fees and Spreads Analysis: A Data-Driven Breakdown for Traders

For any experienced trader, the long-term viability of a brokerage partner hinges on a delicate balance of trust, execution quality, and, critically, cost. Trading fees, both direct and indirect, can significantly erode profitability over time. This makes a granular understanding of a broker's cost structure not just beneficial, but essential. This in-depth analysis focuses on MH Markets, breaking down its commission fees, spreads, and other associated costs to provide a clear, data-driven perspective for traders evaluating this broker for their long-term strategies. Drawing primarily on verified data from the global broker inquiry platform WikiFX, alongside other public information, we will dissect the MH Markets spreads commissions cost structure. We aim to move beyond marketing claims and uncover the practical, real-world costs of trading with this broker, helping you determine if its pricing model aligns with your trading style and financial goals.

WikiFX
2025-11-26 18:07
MH Markets Commission Fees and Spreads Analysis: A Data-Driven Breakdown for Traders

ExposureMH Markets Broker Review

In this review, we take a closer look at MH Markets, a forex broker that has been attracting attention in the online trading community. We’ll analyze the broker based on evaluating several key factors such as regulatory status, trading platform, customer service, account types, spreads, and overall reliability.

WikiFX
2025-05-31 15:12
MH Markets Broker Review
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FX1965818668
0-3months
Having traded with several brokers over the past decade, I am genuinely impressed by the execution quality at MH Markets. My orders on the ECN account are filled almost instantaneously with minimal slippage, even during high-impact news events. The raw spreads starting from 0.0 pips provide a significant advantage for my scalping strategies. It is rare to find a platform that offers such a robust technical infrastructure alongside a transparent pricing model, making it a reliable choice for professional trading.
Having traded with several brokers over the past decade, I am genuinely impressed by the execution quality at MH Markets. My orders on the ECN account are filled almost instantaneously with minimal slippage, even during high-impact news events. The raw spreads starting from 0.0 pips provide a significant advantage for my scalping strategies. It is rare to find a platform that offers such a robust technical infrastructure alongside a transparent pricing model, making it a reliable choice for professional trading.
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2026-01-08 22:32
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FX2845715466
0-3months
As a seasoned trader, I prioritize platform stability and execution speed above all else. MH Markets offers both MT4 and MT5, and I’ve been particularly impressed with their MT5 implementation. The lightning-fast execution ensures minimal slippage even during high volatility. I’m currently using the ECN account which offers spreads starting from 0.0 pips. The transparency in their pricing model and the technical reliability of their servers make them a top-tier choice for professional trading strategies.
As a seasoned trader, I prioritize platform stability and execution speed above all else. MH Markets offers both MT4 and MT5, and I’ve been particularly impressed with their MT5 implementation. The lightning-fast execution ensures minimal slippage even during high volatility. I’m currently using the ECN account which offers spreads starting from 0.0 pips. The transparency in their pricing model and the technical reliability of their servers make them a top-tier choice for professional trading strategies.
Translate to English
2026-01-04 11:33
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