MH Markets

MH Markets Review: Is MH Markets a good broker?

Overview and general information

MH Markets is a brokerage founded in 2014 with the core idea of providing transparent services and providing investors of all levels with safe access to the global financial markets. Today, the company has expanded its services to multiple regions, offers multilingual support and is regulated by multiple international authorities.

Licensing and Regulation

MH Markets broker is licensed by several authorities including:

• Australian Securities and Investments Commission (ASIC) License No. AFS455388 under Mohicans Markets Capital Pty ltd.

• Mauritius' Financial Services Commission (FSC) License No. GB20026131 under Mohicans Markets Ltd.

• FINANCIAL SERVICES AUTHORITY St Vincent & The Grenadines (FSA) License No. 22135BC2014

• Securities and Commodities Authority (SCA) License No. 20200000159 under MH Markets Financial Services LLC.

• Vanuatu Financial Services Commission (VFSC) License No. 40306 under MOHICANS MARKETS (VU) LIMITED.

Trading products and services

Trading products

MH Markets offers a wide range of major financial instruments, including:

• Commodities: Gold (XAUUSD), Silver (XAGUSD)

• Currency (Forex): Complete with major pairs, minor pairs and cross pairs such as EURUSD, GBPUSD, USDJPY, USDCAD, USDHKD.

• Cryptocurrencies: BTC, ETH, XRP, ADA, DOGE, BCH, TRX, XLM

• Stock Indices: NASDAQ, S&P500, DAX30, FTSE100, Nikkei225, Hang Seng, ChinaA50

• Stocks: Leading companies such as Apple, Amazon, Tesla, Microsoft, Alibaba.

Not supported: ETFs, Futures, Bonds, Options

Trading platform

• MetaTrader 4 (MT4)– Popular platform available on PC, Web and mobile.

• MetaTrader 5 (MT5)– Advanced version of MT4 with additional features such as built-in economy, strategy tester and support for additional assets.

• WebTrader (Web MT4 / Web MT5)– Works via browser without installing any software. Supports real-time trading and access to orders and order history.

Account type

MH Markets offers three account types with different terms and conditions:

Standard Account

• Minimum deposit: $50

• Maximum leverage: 1:2000

• Spread: Low

• Commission: None

ECN Account

• Minimum deposit: $1,000

• Maximum leverage: 1:2000

• Spread: Ultra-low

• Commission: $6

Prime Account

• Minimum deposit: $100

• Maximum leverage: 1:2000

• Spread: Low (Extra-low)

• Commission: None

Deposits and withdrawals

Deposit: Bank Transfer, Visa/Master, E-wallet (Perfect Money, TC Pay), QR Payment, Wire Transfer

• Processing time is instant (except for Wire Transfer which depends on the bank).

• No fees

Withdrawal: Same method as deposit

• Under $500: Instant Withdrawal

• Normal: Takes 2–4 hours, business days only.

• No service on weekends

Customer Support and Service

• Channel: Email ([email protected]), Live Chat on the website

• Service hours: 24/7

• Languages: Supports more than 10 languages, including Thai, English, Chinese, Arabic, Vietnamese, Indonesian, Malaysian, Russian, Spanish, and Portuguese.

Conclusion: Is MH Markets good?

MH Markets is a multi-regional regulated broker offering a comprehensive range of assets, particularly Forex and cryptocurrencies. Its strengths include multilingual support, flexible account terms, and fast deposits and withdrawals. However, investors should consider the licensing standards of each country and compare fees with other brokers before making a decision.

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