All Share (J203) = 89 817
Rand / Dollar = 18.15
Rand / Pound = 23.50
Rand / Euro = 19.54
Gold (usd/oz) = 3 073.18
Platinum (usd/oz) = 986.71
Brent (usd/barrel) = 73.25
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

MahiMarkets – Fees and Spreads

Mahi FX Fees and Spreads

 

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

 

You might also like: MahiFX Account Types

You might also like: MahiFX Demo Account

You might also like: MahiFX Minimum Deposit

You might also like: MahiFX Sign up Bonus

 

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.

Rate this post

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

May 7, 2024

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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