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PrimeXBT-Overview of Minimum Deposit, Spreads & Leverage

MH Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-04 14:21

Abstract:  MH Markets was registered in Mauritius and has a global presence. It mainly focuses on trading services in forex, commodities, indices, cryptocurrencies, shares. It offers a demo account for practicing and 3 tiered live accounts.

MH Markets Review Summary
Founded2021
Registered Country/RegionMauritius
RegulationASIC, SCA (Exceeded)
Market InstrumentsForex, Commodities, Metals, Indices, Stocks
Demo Account✅
Spread/
LeverageUp to 1000x
Trading PlatformMT4, MT5
Social Trading✅
Minimum DepositUSD 50
Customer SupportLive chat, contact form
Tel: +971 4 364 8900
Email: support@mhmarkets.com
Registered address: 152 Franklin Roosevelt Avenue. Limassol, 3045, Cyprus
Operational address: Burj Al Salam Tower, Sheikh Zayed Road, Dubai - UAE
Restricted RegionsUnited States of America, Canada, Iran, Iraq, Democratic People's Republic of Korea (DPRK), Belarus, Australia, Malaysia, Myanmar, Russia, and Taiwa

MH Markets Information

  MH Markets was registered in Mauritius and has a global presence. It mainly focuses on trading services in forex, commodities, indices, cryptocurrencies, shares. It offers a demo account for practicing and 3 tiered live accounts.

  In addition, traders can enjoy top-notch trading experience with the industry-leading MetaTrader 4 and 5 platforms. And the broker allows for social trading so investors can quickly start to win profit by following and interacting with successful predecessors within communication communities.

  Furthermore, you can also win bonus by participating the broker's promotion programs such as trading bonus, cashback rewards and loyalty gift promo.

  Another good thing is that the company is currently regulated by ASIC and SCA, which means its financial activities are strictly watched by these authorities, to some extent guarantees a certain level of customer protection. However, you should be cautious because the VFSCregulation status is exceeded.

MH Markets' homepage

Pros and Cons

Pros Cons
Regulated by ASICExceeded SCA regulation
MT4 and MT5 platforms
Demo accounts
Promotion programs
Affordable minimum deposit
Social trading

Is MH Markets Legit?

  MH Markets is currently being well regulated by Australia Securities & Investment Commission (ASIC) and SCA (Securities and Commodities Authority) with license no. 000455388 and 20200000159 respectively.

  However, one crucial point to note is that the broker currently exceeds the scope of its SCA regulation, suggesting that it might be engaging in financial activities beyond what is legally permitted by the SCA.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
ASICRegulatedMOHICANS MARKETS CAPITAL PTY LTDStraight Through Processing (STP)000455388
SCAExceededMH Markets Financial Services LLCInvestment Advisory License20200000159
Regulated by ASIC
Exceeded ASIC license

What Can I Trade on MH Markets?

Trading InstrumentsSupported
Forex✔
Commodities✔
Metals✔
Indices✔
Stocks✔
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on MH Markets?

Account Type

  Except for a demo account to familiarize yourself before commiting actual trading, the broker offers 3 tiered accounts with different trading conditions to suit for the needs of different client groups:

Account TypeMinimum Deposit Spread
Standard USD 50Low spread
ECNUSD 1,000Ultra-low spread
PRIMEUSD 100Extra-low spread
Account comparison

Leverage

  While the broker offers leverage up to 1000x, traders should use leverage cautiously and choose the product that best suits their experience levels to avoid huge losses.

Trading Platform

  MH Markets claims to use the world renowned MetaTrader 4 and 5 platforms, which are well-recognized by its advanced charting tools and robust functionalities.

  You can reach the platform on web, or download app from Windows, mobiles phones and Mac.

Trading PlatformSupported Available Devices Suitable for
MT4✔Web/Windows/Mobile phonesBeginners
MT5✔Web/Windows/Mobile phonesExperienced traders
MT4
MT5

Deposit and Withdrawal

  Per its website info, MH Markets enables payment through bank/wire transfers, credit cards, local banking, and QR payments.

Promotion Programs

  To encourage customers to be actively in trading, MH Markets' promotion programs offer incentives such as deposit bonuses, monthly cashback rebates, and luxury gifts based on trading volume and deposit levels.

  • Deposit Bonus: traders can get a 10% bonus on deposits from $500 to $200,000. Bonus withdrawal requires trading volume of 25x the bonus within 90 days.
Deposit Bonus
  • Cashback Rebate: investors can earn up to $5 per lot based on net deposit levels. Cashback is capped (e.g., up to $40,000 for Level 3) and calculated monthly. The rebate only applies to Standard/Prime/ECN accounts.
Cashback Rebate
  • Gift Program: you can receive gifts like iPhones, MacBooks, or gift cards by meeting specific net deposit and trading volume thresholds set by the broker. Gifts can be selected by tier, and higher-tier rewards may be split into lower-tier items if criteria are met.
Gift Program

Related broker

Regulated
MH Markets
Company name:Mohicans Markets Limited
Score
8.32
Website:https://mhmarkets-zh.com/global
2-5 years | Regulated in Australia | Regulated in United Arab Emirates | Straight Through Processing (STP)
Score
8.32

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