MahiMarkets fees spreads and commissions, formerly MahiFX, no longer provides traditional Forex brokerage services to retail traders, and so a spread list or trading commissions will not apply. MahiMarkets caters to banks, other brokers and payment providers.
Min Deposit
USD 1
Regulators
FCA, ASIC, FMA
Trading Platform
MT4, Proprietary Platforms
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Our MahiFX Fees and Spreads Revealed:
Fees and Spreads
Fees from MahiMarkets will apply to the three different service criteria offered by the broker, namely consultancy, business health check, and markets on demand.
In terms of its consultancy offering, clients can initially apply for a free consultation, after which an ongoing fee will be applied on a per-client basis in return for performance analysis, trade execution review, trading and data analytics, workflow optimization and a performance plan.
This same cost structure will also apply to business health check and markouts on demand services.
MahiMarkets further provides specialized software consisting of three customizable trading platforms, called MFX Compass, MFX Echo and MFX Vector. The use of these platforms will entail a subscription fee applied to the client.
Additional Trading Fees
MahiMarkets does not charge deposit fees or withdrawal fees, although your payment processor may charge a fee which is beyond the broker’s control. There are also no additional charges such as inactivity fees on dormant accounts.
Clients should note that deposits will not be made into a trading account, which is not offered to the broker, but will rather entail payments made for the above services.
Broker Fees
Traders should also be sure to check with the client support or account manager on any additional broker fees which may be waived by their financial institution.
As already noted, traders may be subjected to currency conversion fees should they transfer fees in a currency which is different from their account base currency.
As MahiMarkets is not a spread betting broker, and so spread betting fees will not apply.
Pros and Cons
PROS | CONS |
Comprehensive trading consultancy services available to brokers | No traditional retail trading services available |
Tailored payment packages available | |
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Min Deposit
USD 1
Regulators
FCA, ASIC, FMA
Trading Platform
MT4, Proprietary Platforms
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
FAQ
How many instruments can I trade with MahiMarkets?
Traders cannot trade assets or instruments via MahiMarkets. Rather, the broker is set up to assist other brokerages, banks and payment providers in optimizing their trading services, asset portfolios and trading technology.
Does MahiMarkets offer leverage?
No, MahiMarkets does not offer leverage, as it does not operate as a traditional retail Forex broker. However, analytics on the optimum leverage levels which its clients can offer to their traders will form part of MahiMarkets’ consultancy and assessment services.
What spreads can I expect with MahiMarkets?
MahiMarkets, formerly MahiFX, no longer provides traditional Forex brokerage services to retail traders, and so a spread list or trading commissions will not apply. MahiMarkets caters to banks, other brokers and payment providers.
Does MahiMarkets charge commission?
No, commissions are not charged by MahiMarkets. Fees from MahiMarkets will apply to the three different service criteria offered by the broker, namely consultancy, business health check, and markets on demand.
Is MahiMarkets regulated?
MahiMarkets was formerly MahiFX, a New Zealand based Forex broker regulated in several jurisdictions, including by the FCA, ASIC and the FMA. This high level of regulation ensures a secure environment when dealing with MahiMarkets.
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