All Share (J203) = 89 794
Rand / Dollar = 18.14
Rand / Pound = 23.49
Rand / Euro = 19.56
Gold (usd/oz) = 3 072.18
Platinum (usd/oz) = 988.22
Brent (usd/barrel) = 73.18
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MahiMarkets – Minimum Deposit

Mahi FX Minimum Deposit

 

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 Minimum Deposit Revealed:

 

Minimum Deposit

A minimum deposit amount will not pertain to setting up services with MahiMarkets. Formerly MahiFX, the broker now focuses on offering consultancy services and leading software technology directly to banks, brokers and payment providers.

 

These services are set up on a per-client basis through direct consultation with MahiMarkets in order to attain bespoke business optimization. As such, consultancy fees and costs required to make use of the broker’s trading software will be tailored to each client.

 

Deposit fees and deposit methods

MahiMarkets does not describe its available deposit methods due to the fact that the broker does not offer a retail trading account in the traditional sense. However, it is most likely the fees will be transferred via bank transfer.

 

As such, bank transfer is considered a more secure method for handling larger deposits and investment amounts, which can be expected from MahiMarkets client portfolio of banks, brokers and payment providers.

 

MahiMarkets does not stipulate the available deposit currencies, though it can be assumed that the broker’s consultancy and software fees can be paid for in any currency, depending on the client’s location.

 

Step by step guide to deposit the minimum amount

As MahiMarkets most likely accepts payment via bank transfer, payment can be made directly into the broker’s bank account, rather than via a payment route on the broker’s website.

 

As such, trading accounts cannot be opened via the MahiMarkets website, and so there is not client area or dashboard for making account deposits and withdrawals.

 

Pros and Cons

PROS CONS
Tailored client services No retail trading accounts available
Advanced software offering

 

You might also like: MahiFX Account Types

You might also like: MahiFX Demo Account

You might also like: MahiFX Fees and Spreads

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

What is the minimum deposit for MahiMarkets?

A minimum deposit amount will not pertain to setting up services with MahiMarkets. Formerly MahiFX, the broker now focuses on offering consultancy services and leading software technology directly to banks, brokers and payment providers.

These services are set up on a per client basis through a direct consultation with MahiMarkets in order to attain bespoke business optimization. As such, consultancy fees and costs required to make use of the broker’s trading software will be tailored to each client.

 

How do I make a deposit and withdrawal with MahiMarkets?

MahiMarkets does not describe its available deposit methods due to the fact that the broker does not offer a retail trading account in the traditional sense. However, it is most likely the fees will be transferred via bank transfer.

As such, bank transfer is considered a more secure method for handling larger deposits and investment amounts, which can be expected from MahiMarkets client portfolio of banks, brokers and payment providers.

 

Does MahiMarkets charge withdrawal fees?

MahiMarkets will likely not charge deposit fees, although fees from your bank or payment provider will apply

 

How long does it take to make a withdrawal?

Withdrawals to a bank account can take up to three business days. However, MahiFX offers trading consultancy and software services, so that retail traders will not be able to open an account or make withdrawals.

 

Are my deposits safe with MahiMarkets?

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:

December 7, 2021

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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