MH Markets

MH Markets Review: Regulation, Fees and Broker Analysis

Unclaimed profile
Best forMetaTraderLow SpreadsHigh Leverage

External website · BrokerBazaar does not receive a trading commission from this link.

75

/ 100

BrokerBazaar Score

Good

Evidence-based, 0–100

Data confidence 78%

$50

Min Deposit

0.0 pips

Spreads From (indicative)

1:2000

Max Retail Leverage

0

Commission

Group-level figures · Full cost schedule

Researched by
BB Team
Reviewed by
BB Team
Last verified
5 Nov 2026
Next review due
3 Feb 2027

How we tested this broker·Meet the review team

Section 01

About

About MH Markets

Company Provided

MH Markets is a multi-asset online trading brand offering forex and CFDs on metals, indices, commodities, shares, exchange-traded funds and cryptocurrencies. Its current website promotes MetaTrader 4 and MetaTrader 5 trading platforms and separate Standard, ECN and Prime accounts. [Source: https://mhmarkets.com/global/en] [Source: https://mhmarkets.com/global/en/trading-account-types]

Since 2014 Sydney, Australia 3 regulators listed

Pros

  • Competitive ECN spreads
  • High leverage available
  • MT4 and MT5 support
  • Fast account opening

Cons

  • Offshore regulation only
  • Newer brand
  • Limited independent reviews

Key Features

Regulated Broker
MetaTrader Platforms
MH Markets

MH Markets

Regulated Broker

Min Deposit$50
Max Retail Leverage1:2000
Spreads (indicative)0.0 pips

External website · BrokerBazaar does not receive a trading commission from this link.

3

Platforms

2014

Est. Since

3

Account Types

2+

Countries

Regulated By

FSA
SVGFSA
SCA

Licence check: Not independently checked

Live Spreads

Not available

No live spread data from a named account is available for this broker. Figures are published only with the account type and capture time.

Independent report by BrokerBazaar Research TeamHow we rate brokers

MH Markets broker analysis: regulation, fees, withdrawals and risks

Independent broker profile covering verified entities, regulation, costs, platforms, withdrawals, risks and user feedback. BrokerBazaar is not MH Markets and does not operate any brokerage.

Profile ownership

Not claimed by broker

No representative of MH Markets manages this page. This says nothing about its licence, and the score and regulation data are the same whether or not a profile is claimed.

Information source

Submitted by broker or compiled from public pages

Details have been recorded but not yet independently checked by BrokerBazaar.

Licence check

Not independently checked

Confirm the licence on the regulator's public register before opening an account.

Editorial review

Reviewed 2 Nov 2026

Date the BrokerBazaar research team last regenerated this analysis from the stored record.

Legal entity

MH Markets

Founded

2014

Headquarters

Sydney, Australia

Regulators

FSA, SVGFSA, SCA

Minimum deposit

$50

Spreads from

0.0 pips

Commission

0

Max leverage

1:2000

Platforms

MT4, MT5, MH Markets App

Account types

Standard, ECN, Swap-Free

MH Markets regulation and licence table

Each row is one legal entity. Verify the licence on the official register; a company registration is not a brokerage licence.

EntityRegulatorLicenceAuthorised activityRegionLicence check
Mohicans Markets (Ltd)Financial Services Commission (FSC) MauritiusGB20026131Official register Investment Dealer — Full-Service Dealer, excluding UnderwritingMauritiusNot independently checked
Mohicans Markets Capital Pty LtdAustralian Securities and Investments Commission (ASIC)AFSL 455388Official register Australian Financial Services LicenceAustraliaNot independently checked
MH Markets Financial Services LLCUAE Capital Market Authority (CMA; formerly SCA)20200000159Official register Category 5 — Financial Consultation and IntroductionUnited Arab EmiratesNot independently checked
Mohicans Markets (VU) LimitedVanuatu Financial Services Commission (VFSC)40306Official register Financial Dealers LicenceVanuatuNot independently checked
MH MARKETS (PTY) LTDFinancial Sector Conduct Authority (FSCA) South Africa55437Official register Category I Financial Services Provider — Derivatives, Securities and Crypto AssetsSouth AfricaNot independently checked

MH Markets at a glance

MH Markets is a multi-asset online trading brand offering forex and CFDs on metals, indices, commodities, shares, exchange-traded funds and cryptocurrencies. Its current website promotes MetaTrader 4 and MetaTrader 5 trading platforms and separate Standard, ECN and Prime accounts. [Source: https://mhmarkets.com/global/en] [Source: https://mhmarkets.com/global/en/trading-account-types]

MH Markets reports a founding year of 2014 and a head office in Sydney, Australia. It lists 3 regulators and 3 trading platforms.

BrokerBazaar verdict

Our research team has not yet published a written verdict for MH Markets. The BrokerBazaar Intelligence Score is 75/100 (moderate risk), computed from regulatory, operational, transparency, reputation and domain-history signals. Scores are editorial assessments, not user ratings, and are never influenced by payment.

Legal entities, regulation and licences

MH Markets operates through 5 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by no regulator we could map to a public register.

Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.

Countries accepted and restricted

MH Markets states that it accepts clients from Australia, Saint Vincent. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.

Trading products, platforms and account types

Instruments: Forex, Indices, Stocks, Commodities, Metals, Futures, CFDs. Platforms: MT4, MT5, MH Markets App. Account types: Standard, ECN, Swap-Free.

Best-for tags assigned by our team: MetaTrader, Low Spreads, High Leverage.

Minimum deposit, spreads, commissions and other charges

The minimum deposit is $50. Spreads start from 0.0 pips and commission is 0. Maximum leverage is 1:2000, subject to the cap of the entity that holds your account.

Swap-free / Islamic account: available (conditional). Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.

Deposits and withdrawals

Deposit methods: Bank Transfer, Credit Card, Crypto, e-Wallets. Withdrawal methods: Bank Transfer, Credit Card, Crypto, e-Wallets.

Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.

Execution model, negative balance protection and client money

Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: not specified. These conditions were compiled from public information and have not yet been confirmed by the broker.

Client-money rules follow the regulator of the entity that holds your account. Check that regulator's rules on its register.

Complaints and dispute process

Formal complaints: support@mhmarkets.com. Phone: +971 4 364 8900. MH Markets' current client agreement states that the firm maintains a Complaints Handling Procedure and that clients should raise complaints or disputes by emailing the firm. The current agreement identifies support@mhmarkets.com as the complaint contact. The applicable formal escalation and external-dispute-resolution route depends on the legal entity governing the client's account. A universal current resolution timeframe was NOT VERIFIED.

If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.

Strengths and limitations

  • Strength: Competitive ECN spreads
  • Strength: High leverage available
  • Strength: MT4 and MT5 support
  • Strength: Fast account opening
  • Limitation: Offshore regulation only
  • Limitation: Newer brand
  • Limitation: Limited independent reviews

Who this broker suits, and who it does not

MH Markets is most relevant to traders looking for: MetaTrader, Low Spreads, High Leverage.

It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.

MH Markets change history

Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.

No fact changes recorded for MH Markets yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.

Frequently asked questions about MH Markets

Data sources. Broker submission, the regulator registers linked above, web-archive and domain records, and third-party traffic data. No independent licence check date is recorded yet. External ratings: Trustpilot 3.1/5; WikiFX 7.16/10; Forex Peace Army 2.42/5; Google Play Store N/A/5; Apple App Store N/A/5.

Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with MH Markets. How we make money. Trading leveraged products carries a high risk of loss.

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