https://mhmarkets.com
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Benchmark
A
Average transaction speed (ms)
MT4/5
Full License
Mohicans-Demo
Speed:AAA
Slippage:A
Cost:C
Disconnected:AA
Rollover:A
MT4/5 Identification
Full License
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Mohican Markets Capital Pty Ltd
MH Markets
United Kingdom
Pyramid scheme complaint
Expose
Benchmark | A |
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Maximum Leverage | 1:1000 |
Minimum Deposit | $100 |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | A |
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Maximum Leverage | 1:500 |
Minimum Deposit | $1000 |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | A |
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Maximum Leverage | 1:500 |
Minimum Deposit | $100 |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | A |
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Maximum Leverage | 1:500 |
Minimum Deposit | $50 |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Capital
$(USD)
Company Summary
Company profile
MH Markets is the worlds leading forex and CFD broker. Our comprehensive trading services include CFDs for foreign exchange, commodities, precious metals, indices and more for traders to capitalize on the global markets. Our prime focus remains delivering exceptional trading conditions to retail and institutional clients worldwide.
We are committed to empowering our clients by providing unparalleled trading conditions, lightning-fast execution, and unwavering customer support to help them succeed in the dynamic world of forex trading. We equip our clients with the knowledge and skills they require to navigate the online forex market efficiently. Educational tools and resources, including video tutorials, documents, daily analysis reports, and free online & offline trainings are supplied timely to build their confidence and make informed trading decisions throughout their forex trading journey.
Our global presence and diverse clientele, spanning over 150 countries and regions, testify to our expertise. Over the years, MH Markets has established itself as a trusted name in the industry, and we take pride in earning the trust and loyalty of our clients by consistently delivering excellence and exceeding expectations. We measure our success by providing diverse investment opportunities and the most rewarding trading experience with complete fairness.
Mohicans Markets, a relatively new broker, has caught the eye of many investors. They offer a wide range of trading instruments, different types of trading accounts, and even a demo account. Their spreads start from an impressive 0.0 pips. While this suggests a promising trading environment, it's important to verify if this is indeed the case with Mohicans Markets. Let's dive in and learn more.
Overview in 10 Key Point | |
Registered in | United Kingdom |
Regulation | ASIC |
Minimum Deposit | $50 |
Maximum Leverage | 1000:1 ( Prime Account) |
Minimum Spreads | From 0.0 pips |
Trading Platform | MT4 & MT5 |
Demo Account | Available |
Trading Assets | forex pairs, indices, energy, precious metals, index CFDs, digital currencies |
Payment Methods | N/A |
Customer Support | 7/24 phone, email, online chat |
Founded in 2021, Mohicans Markets is a foreign exchange and CFD broker providing trading services in foreign exchange, precious metals energy, indices, cryptocurrencies to its clients in 150 countries around the world.
Mohicans Markets, though relatively new, provides an extensive selection of trading instruments and supports the MT5 platform. While it offers a friendly minimum deposit for the Standard account, its regulatory framework is weak, and there's room for improvement in providing deposit and withdrawal details. Nevertheless, the broker compensates with advanced trading tools like Copytrade, PAMM, and VPS services to elevate the trading experience.
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Mohicans Markets is registered with the ASIC in Australia under regulatory number 659247177, holding a license of Common Business Registration. The Common Business Registration (CBR) is a single registration that allows businesses to comply with multiple regulatory requirements in Australia.
Registered Country | Regulated Authority | Regulated Entity | License Type | License Number | |
ASIC | MOHICANS MARKETS PTY LTD | Common Business Registration | 659247177 |
When it comes to opening a real trading account on the Mohicans Markets platform, like the standard account, only requires $50 minimum deposit. This is quite appealing because many reputable brokers typically require around $100 to begin your real trading journey. Therefore, this broker's lower minimum deposit can certainly catch the attention of investors.
Here's a comparison table of Mohicans Markets' minimum deposit with other brokers:
Broker | Minimum Deposit |
$50 | |
$100 | |
$1 USD | |
$100 |
With Mohicans Markets, traders can get access to a wide range of trading instruments, including forex pairs, indices, energy, precious metals, index CFDs, digital currencies.
Trading Assets | Available |
Forex Pairs | |
Indices | |
Energy | |
Precious Metals | |
Index CFDs | |
Cryptocurrencies | |
Futures | |
Stocks |
Regarding live accounts, three options are on offer: STD, ECN, and PRIME, classified based on trader types.
The Standard account asks for a moderately low deposit from $50, allowing trading on both MT4 and MT5, and come with a generous leverage up to 500:1. Overall, this account fits beginners more.
The ECN account is more suitable for experienced traders, requiring a muchhigher minimum deposit of $1,000, and it also allows trading on MetaTrader 4 &5, offering the same leverage up to 500:1 as the STD account.
The Prime account targets experienced traders as well. However, it only requires $100 to start real trading, providing access to MetaTrader 4&5 trading yet with a higher leverage option up to 1000:1.
Certainly, Mohicans Markets recognizes the importance of providing accessible opportunities for traders at all levels of experience. To this end, the platform offers demo accounts that mirror the conditions of their live counterparts across various account types, allowing beginners to practice trading with virtual money in a realistic market setting, improving their trading skills.
Opening an account with Mohicans Markets is simple:
2. You will be asked to provide some basic information, such as your name, email address, phone number, and country of residence.
With Mohicans Markets, traders can enjoy the maximum leverage up to 1:400. Although traders can have the chance to make a fortune in the forex market thanks to leverage, it can also cause serious losses, especially to inexperienced traders.
Spreads differ based on the type of account you have. The STD account has the widest spreads, starting at 11 pips for the EUR/USD pair. Meanwhile, the STP account provides narrower spreads, beginning at 11 pips, and the ECN account offers the tightest spreads, starting from 0 pips.
When it comes to trading platforms, Mohicans Markets provides its clients with access to multiple popular trading platforms, MetaTrader 4 & MetaTrader 4 Web, MetaTrader5 and MetaTrader5 Web. These platforms are versatile, allowing you to download them on various devices like PCs, Apple computers, mobile phones, and tablets, enabling you to trade whenever and wherever you prefer. MT5 supports more than 30 languages for your convenience.
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), MT4 & MT5 Web |
Available Devices | Mobile, Desktop, Browser |
Languages Supported | 30+ |
Automated Trading Allowed | ✔ |
Trading Tools
In addition to MT5 trading platform, Mohicans Markets provides a range of helpful trading tools to help traders get comfortable with forex trading quickly. These tools include Copytrade, PAMM, VPS Dedicated Server, and an Economic Calendar.
Mohicans Markets offers 7/24 customer support and they can be reached through three global offices in the United Kingdom, Australia and Dubai respectively. Mohicans Markets client service team supports multiple languages, and you can talk to them directly online. You can also follow this broker on some social media platforms including Facebook, Twitter, Instagram, Linkedin, Youtube.
Contact Channel | Details |
Telephone | +971 588471924 |
service@mhmarkets.net | |
Offices | Dubai, United Kingdom, Saint Vincent |
Online Chat | 7/24 |
https://www.facebook.com/mhmarkets.en | |
https://www.instagram.com/mohicansmarkets/ | |
https://www.linkedin.com/company/mhmarkets | |
https://www.youtube.com/channel/UCTFYE8rfwSNGmvRzfKmryWA |
In conclusion, Mohicans Markets offers traders a wide array of trading instruments, bolstered by the support of the MT5 platform, although it's important to note that this broker is relatively new to the market. Notably, they extend a welcoming minimum deposit option for their Standard account, yet the absence of detailed deposit and withdrawal information is a concern. On a positive front, they provide access to demo accounts for skill honing, coupled with an arsenal of advanced trading tools like Copytrade, PAMM, and VPS services to enhance the overall trading experience. However, it's worth mentioning that the broker falls short in providing strongly regulated trading environment, as its regulatory oversight is comparably weaker.
What is the maximum leverage offered by Mohicans Markets?
Mohicans Markets offers leverage of of up to 1:400
What live accounts can I choose from with theMohicans Marketsplatform?
Mohicans Markets makes three real trading accounts available, STD, STP and ECN accounts.
What does Mohicans Markets have on offer?
Mohicans Markets provides access to forex pairs, indices, energy, precious metals, index CFDs, digital currencies.
What trading platfrom does Mohicans Markets offer?
Mohicans Markets provides both MT4 & MT5 trading platforms.
Does Mohicans Markets provide traders with educational resources?
Unfortunately, Mohicans Markets does not provide any educational and research tools for its clients.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.
Fed Governor Christopher Waller's recent comments have highlighted a cautious stance towards adjusting interest rates, marking a significant moment for the financial markets.
In the forex market, stability was the theme for the U.S. dollar index, holding firm at 104.30. Minor fluctuations were observed across major currency pairs: the Euro slightly weakened against the dollar, closing at 1.0827
In the latest market wrap focusing on the foreign exchange sector, the U.S. dollar index showed minimal movement, holding at 104.31.
Recently Mohicans Markets has become a trending topic in forex markets. WikiFX made a comprehension review to help you better understand this broker. we will analyze the reliability of this broker from specific information, regulation, exposure and etc. Let’s get into it.
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