Wikilix
Licence record

MH Markets: ASIC licence 000455388

Issuing authority
Australia Securities & Investment Commission
Jurisdiction
Australia
Licence type
Straight Through Processing(STP)

This is Wikilix's record of a licence issued by Australia Securities & Investment Commission. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Aug 3, 2026

Licence Verification Record

Australia Securities & Investment Commission 000455388

Recorded from the firm's own disclosure. Not yet checked against the register.

Holder
Mohicans Markets (Ltd)
Issuing authority
Australia Securities & Investment Commission
Jurisdiction
Australia
Licence type
Straight Through Processing(STP)

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/mh-markets/licenses/australia-securities-and-investment-commission/000455388Fields on file 2 / 11

Open MH MarketsAll MH Markets licencesAbout ASIC
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 1
Jurisdiction
Australia
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
000455388
Licence type (Wikilix classification)
Straight Through Processing(STP)
The authority

About ASIC

Australia Securities & Investment Commission is the authority that issued this licence, and the jurisdiction it applies in is Australia.

Full name
Australia Securities & Investment Commission
Jurisdiction
Australia
Strength
Tier 1The strictest regimes: high capital requirements, segregated client money and a compensation scheme.
Established
1998
Oversight
A government or statutory body
Firms we track under it
144 firms
Regulates
Forex, Stocks, Fund, Options, Derivatives, Securities
Licences it issues
AFSL – OTC Derivatives (Principal Dealer & Agency)
Typical cost of a licence
AUD 50000-100000+
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

ASIC's own rules for the firms it authorises.

  • No compensation schemeNo mandatory insurance (but strict fund segregation)
  • Negative balance protection
  • Complaints routeAFCA
  • Maximum leverage1:28
This describes the authority's regime, not how MH Markets applies it.
The holder

Who holds this licence

The licence above is recorded against MH Markets. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
Mohicans Markets (Ltd)
Based in
Mauritius
Wikilix score
43.9the firm’s overall score, not a rating of this licence

Wikilix has flagged MH Markets as a suspected clone of another firm. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences MH Markets holds

One other licence is on record for MH Markets.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
MH Markets provides live chat support available during business hours.
MH Markets offers a maximum leverage of up to 1000. This high leverage level allows traders to control larger positions with a smaller amount of capital, but it also increases risk.
The minimum deposit amount for MH Markets is 50 USD for standard accounts. Different account types may have higher minimums, such as 100 USD for Prime accounts and 1000 USD for ECN accounts. Deposits must be made in USD.
MH Markets supports deposits and withdrawals via credit/debit cards, bank/wire transfers, e-wallets, QR payments/local banking, and cryptocurrency (Tether USDT). Processing times vary from instant for cards and e-wallets to several days for wire transfers and crypto. Withdrawal fees apply only to wire transfers, typically around $20.
MH Markets offers MetaTrader 4 and MetaTrader 5 trading platforms. Both platforms are available for desktop use and provide advanced charting, automated trading, and multi-asset trading capabilities. These platforms are developed by MetaQuotes Software Corp and are widely used in the industry.
Mohicans Markets (Ltd), also known as MH Markets, holds licenses from ASIC in Australia and the Securities and Commodities Authority in the UAE. ASIC is a tier 1 regulator with high transparency and strict fund segregation, while the UAE regulator provides medium transparency and a deposit guarantee scheme. However, the broker is flagged as a suspicious clone, so users should exercise caution.
Licence 000455388 was issued by Australia Securities & Investment Commission (ASIC), the financial authority for Australia.
MH Markets holds this ASIC licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the ASIC register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates ASIC tier 1 — the strictest band, with high capital requirements, segregated client money and a compensation scheme.
MH Markets has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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