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MH Markets

Suspicious Clone
Mauritius
,
Since 2019
Last Updated:
44/100
Overall Score

Trading Conditions

Min Deposit:
USD50
Max Leverage:
1000
Account Types
StandardECN

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

5 methods

Credit/Debit Cards (Visa, Mastercard)

credit card
Instant
Fee:
Free
Fee:
Free

Bank/Wire Transfers

wire transfer
3 days
Fee:
Free
Fee:
$20

E-wallets (Skrill, Neteller, Perfect Money, TC Pay)

e wallet
Instant
Fee:
Free
Fee:
Free

QR Payments/Local Banking

other
Instant
Fee:
Free
Fee:
Free

Cryptocurrency (Tether USDT)

crypto
1 days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 35%, 2: License 62%, 3: Software 51%, 4: Spread 0%, 5: Account Type 28%, 6: Symbol 0%
Regulation
35%Poor
License
62%Fair
Software
51%Fair
Spread
0%Poor
Account Type
28%Poor
Symbol
0%Poor

Company Information

Full Name:Mohicans Markets (Ltd)
Founded:2019
Headquarters:Mauritius
Enterprise Offices:N/A

Customer Support

Phone:
+97143648900
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

MH Markets Expands Its Global Reach with Its Multi-Asset Offering

MH Markets is an award-winning global multi-asset forex and CFD broker that carved out a very successful niche in the financial trading market. The company has built a solid reputation as a trustworthy broker that supports the total financial needs of traders around the globe and has also established a strong reputation for delivering quality services to its customers through its offerings of forex, stocks, commodities, Indices, and metals.

With its strong values of trust, excellence, and a high level of industry expertise, MH Markets has positioned itself as one of the top Forex Brokers for traders seeking a dependable partner in the trading world.

MH Markets operates a website, mhmarkets.com, where traders can find a range of financial instruments, many advanced trading platforms, a variety of useful market research tools, and more to help traders of all skill levels enter the market with confidence, ability, and success.


MH Markets has Limited Background and History Information.

HM Markets has very limited company history information or founding details available; however, it claims to be the "leader in the forex and CFD markets" and is focused on being a global provider of good services in the financial industry. MH Markets does not provide specific details of its founding year or founder name(s), but indicates that it has many years of experience in the industry, builds trust between its clients and the company by providing top-notch customer service and support, and corroborates its claims of being one of the leading FX brokers in the forex and CFD markets.

MH Markets is based in Mauritius and is a globally focused company that serves the trading community worldwide. This global approach allows MH Markets to build a strong reputation as a solid player in the global forex and CFD brokerage market.


MH Markets Offers Many Features and Offerings

MH Markets is a truly multi-asset broker thanks to its broad range of instruments. The forex market offers more than 100 currency pairs for traders, as well as major indices such as the S&P 500, NASDAQ, and Russell 2000. There are stock options from major global companies such as Apple, Amazon, and Facebook, and several commodity options for traders, including Natural Gas and Crude Oil. Finally, gold and silver are available as precious metals.

MH Markets offers multiple account types to accommodate its clients' different trading styles; however, information about the accounts is not provided. MH Markets has made account registration easy and offers instant deposits via a variety of secure payment methods for a smooth onboarding experience.

With the inclusion of advanced trading tools, private/exclusive research reports, and an Economic Calendar that covers significant market events such as Earnings Announcements and Central Bank Meetings, traders have all the resources necessary to remain informed and make timely, educated trading decisions to maximize their success.

Instruments Supported

Asset Class

Examples

Forex

100+ currency pairs

Indices

S&P 500, NASDAQ

Stocks

Apple, Amazon, Facebook

Commodities

Natural Gas, Oil

Metals

Gold, Silver

Regulatory Compliance and Licensing

MH Markets states that it is "Licensed & Regulated," but specific details regarding the regulatory bodies, license numbers, or jurisdictions are not publicly disclosed. This lack of transparency means potential clients should exercise due diligence and verify regulatory claims directly through official channels.

Below is a summary of the available regulatory information:

Regulator

License Number

Status

Limited information available

Not disclosed

Not specified

Trading Conditions and Platform Technology

MH Markets provides competitive trading opportunities for both new and experienced traders through its secure, user-friendly trading environment. The leverage offered by MH Markets is up to 1:2000, allowing traders to significantly increase their market exposure. The minimum stop-out level of 30% is set as the primary risk management level for traders. The recommended initial deposit is $ 1,000, and MH Markets does not specify a minimum deposit amount.

Though MH Markets claims to offer ultra-low, tight spreads, they do not provide specific spread figures, making it difficult to quantify the cost of trading with them (e.g., example spread figures) and to compare with other regulated brokers.

MH Markets provides 24/7/365 trading available in accordance with the major international trading times. In addition, they offer some types of trading in Dubai (e.g., FX) without commissions. There are many other instruments available for trading on the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, both of which are well-known for their charting capabilities, automated trading options, and rich interfaces that simplify the trading experience. It can therefore be assumed that both platforms also offer mobile trading applications, allowing traders to manage their trades even when away from their computers, as well as additional resources such as market updates and risk management tools.

Trading Conditions Overview

Feature

Details

Leverage

Up to 1:2000

Stop Out Level

30%

First Deposit (Recommended)

USD 1,000

Spreads

Ultra-low/tight (exact figures not listed)

Trading Hours

24/5

Commissions

No commissions mentioned for some offerings

Platform Features Comparison

Platform

Key Features

MetaTrader 4 (MT4)

Advanced charting, automated trading, risk management tools

MetaTrader 5 (MT5)

Enhanced analytics, more timeframes, economic calendar integration

Mobile Apps

Implied availability for trading on the go

Fee Structure

MH Markets promotes a transparent fee structure with multiple secure payment methods for deposits, all processed instantly and without hidden fees. However, specific details regarding deposit fees, withdrawal fees, inactivity fees, or commissions are not publicly disclosed. The broker highlights ultra-low spreads as a key advantage, contributing to cost-effective trading.

Below is a summary of the available fee information:

Fee Type

Details

Deposit Fees

No hidden fees, multiple secure methods, instant processing

Withdrawal Fees

Limited information available

Commission

No commissions mentioned for some offerings

Inactivity Fees

Not specified

Spreads

Ultra-low, tight spreads (exact figures not provided)

User Experience and Market Reputation

The Good and the Guilty of MH Markets
MH Markets has received high praise from customers for its customer service; customers have praised its fast responses to technical assistance requests and general questions submitted through the company's website. Customers have also told MH Markets they enjoy the efficiency of the company's trading platform and benefit from its competitive spreads across MH Markets' offerings, which provide a wide variety of options, allowing them to easily diversify their portfolios.

Unfortunately, MH Markets warns customers to be aware that there are scam artists trying to impersonate MH Markets and sell imitational or counterfeit products and/or services, and that, therefore, customers should verify that they are on an official MH Markets site (the official website for MH Markets is www.mhmarkets.com) and only use the official means to communicate with MH Markets.

Current Information Regarding MH Markets

Currently, MH Markets has created a regular daily analysis report service scheduled to run through September 2025. This daily analysis service provides traders with an updated view of current market trends and offers insight into upcoming major economic events. Additionally, to enhance customer protection, MH Markets has created a "Scam Alert Page" to warn customers about fake websites and fraudulent activity impersonating MH Markets.

No material changes in products or marketing strategies have been announced for the year 2024-2025 at this time.

Final Comments

As long as MH Markets maintains its focus on establishing client trust, providing valuable market research, and creating an environment to safely trade, then there is the potential for traders to work with a forex and CFD broker that gives massive leverage and incredibly low spreads for their trading positions through multiple channels and both MetaTrader 4 and MetaTrader 5. As usual, candidates must verify all necessary regulatory and security-related information through official methods before determining whether to trade with MH Markets.

 

Regulatory Licenses

Compliance & oversight

2 licenses
Australia
ASICTier 1
Australia#000455388
License Details
Type:Straight Through Processing(STP)
License #:000455388
Status:Regulated
Validity
Effective:N/A
Expires:N/A
United Arab Emirates
SCATier 2
United Arab Emirates#20200000159
License Details
Type:Investment Advisory License
License #:20200000159
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
2
Countries
0
Offshore

Account Types

Trading account options

2 types
Standard
Standard
Min Deposit USD 50 • Leverage 1:2000
Min DepositUSD 50
Leverage1:2000
ECN
ECN
Min Deposit USD 1,000 • Leverage 1:2000
Min DepositUSD 1,000
Leverage1:2000
2
Total Types
2
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

5 methods
Credit/Debit Cards (Visa, Mastercard)
Credit CardInstant
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Same-method withdrawal as deposit required; withdrawals instant under $500, 2-4 hours otherwise; no weekend withdrawals.
Bank/Wire Transfers
Wire Transfer3 min
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:USD 20
Min:N/A
Max:N/A
Same-method withdrawal as deposit required; no weekend withdrawals.
E-wallets (Skrill, Neteller, Perfect Money, TC Pay)
E-WalletInstant
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Same-method withdrawal as deposit required; withdrawals instant under $500, 2-4 hours otherwise; no weekend withdrawals.
QR Payments/Local Banking
OtherInstant
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Same-method withdrawal as deposit required; no weekend withdrawals; regional availability varies.
5
Free Deposit
5
Instant
1
Crypto

Trading Platforms

Professional trading tools

2 Available
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with MH Markets: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark MH Markets at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for MH Markets

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://mhmarkets.com/global/en/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Comments

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