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 Sign Up Bonus Revealed:
- ✔️Sign-up Bonus
- ✔️Referral Bonus
- ✔️Additional broker bonuses, promotions, and rewards
- Pros and Cons
- Final Thoughts
Sign-up Bonus
Traders who choose to register for a real account with MahiMarkets will not receive a welcome bonus, nor does the broker offer any other type of broker bonus or promotion.
Formerly MahiFX, the broker has rebranded itself as MahiMarkets in order to provide consultancy trading services and technology to investment and trading companies. Having removed its retail trader division, bonuses no longer form part of MahiMarkets’ brand portfolio.
As a general explanation, a bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.
Once an account has been opened with a Forex broker, clients will have access to trading of currency pairs, and will therefore have to incur some expense for this trading. The bonus is just a way for the broker to reward the trader’s choice and give all or some of these expenses back to the trader.
New traders should note however that bonuses are not available on demo accounts, though many brokers do offer the opportunity to sign up for a free demo contest, with prizes available.
Referral Bonus
Referral bonuses allow existing traders of a given broker to earn greater rewards through referring a friend to a broker. The trader is compensated by the broker when this referral results in the friend signing up for a real account.
MahiMarkets does not provide a referral bonus or partnership program, as the broker has reorganized its offering to cater directly to other brokers and businesses.
Additional broker bonuses, promotions, and rewards
MahiMarkets, formerly MahiFX, no longer offers services to retail traders and is focused on offering trading software to other businesses. As such, the offering of broker bonuses, such as deposit bonuses, no deposit bonuses, and trading bonuses, no longer form a part of MahiMarkets’ offering.
Pros and Cons
| PROS | CONS |
| Strong trading software offering | No bonuses offered |
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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
Final Thoughts
MahiMarkets directs is trading services as a consultancy offering to other businesses and brokers, and therefore does not offer bonuses usually preferred by retail traders.
FAQ
What is a bonus?
A bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.
Once an account has been opened with a Forex broker, clients will have access to trading of currency pairs, and will therefore have to incur some expense for this trading. The bonus is just a way for the broker to reward the trader’s choice and give all or some of these expenses back to the trader.
Do all Forex brokers offer bonuses?
No, some Forex brokers choose not to feature bonuses as part of their offering, or else are restricted from offering bonuses by their regulators.
The most recent regulatory agencies to restrict the offering of bonuses include the Financial Conduct Authority (FCA), Cypress Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (CySEC).
Why do some agencies regulate against the offering of bonuses?
Regulatory agencies such as CySEC and the FCA restrict the offering of bonuses to protect investors from the risks of over trading.
How can a bonus benefit my trading?
Depending on the bonus and the conditions attached, it may boost funds available in your account for trading.
Does MahiMarkets offer a sign-up bonus?
No. MahiMarkets does not offer a sign-up bonus. To find out more, click here.
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