Score

1.58 /10
Danger

MahiMarkets

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 9

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.56

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

MahiMarkets

Company Abbreviation

MahiMarkets

Platform registered country and region

United Kingdom

Company website

Instagram

Linkedin

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 6
Previous Detection : 2024-11-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
    MahiMarkets · Company summary
    MahiMarketsBasic Information
    Founded in5-10 years
    Registered inUnited Kingdom
    RegulationSuspicious Clone
    Trading PlatformMT4
    Customer SupportPhone:+44 (0)203 397 1825,+64 (0)32 880389Social media: Linkedin,InstagramEmail: info@mahimarkets.com
    Offical websiteaccessible

    Overview of MahiMarkets

    MahiMarkets, founded between 5 to 10 years ago, is a UK-registered trading platform utilizing the MT4 trading platform. Despite its established presence, it is flagged as a suspicious clone, raising concerns about its regulatory status. The platform offers comprehensive customer support through phone, email, and social media channels like LinkedIn and Instagram. Unlike some competitors, MahiMarkets' official website is accessible, providing transparency and ease of access to information.

    Overview of MahiMarkets

    Pros and Cons

    MahiMarkets has an established presence, having operated for 5-10 years, and utilizes the robust MT4 trading platform, known for its advanced trading tools and user-friendly interface. The platform offers comprehensive customer support and has an accessible website, enhancing transparency and user engagement. However, MahiMarkets is flagged as a suspicious clone, raising significant concerns about its regulatory compliance and legitimacy. This suspicious status introduces potential risks, and the lack of clear regulatory oversight may limit trust and credibility among potential users.

    Pros Cons
    Established PresenceSuspicious Regulation
    MT4 Trading PlatformPotential Risk
    Accessible WebsiteLimited Information

    Regulation: Is MahiMarkets legit?

    MahiMarkets operates under a suspicious regulatory status, identified as a suspicious clone. MahiMarkets holds a license issued by Australia Securities & Investment Commission,Financial Markets Authority and Financial Conduct Authority with License No. 414198,No.197465 and No.751019.

    Regulation: Is MahiMarkets legit?
    Regulation: Is MahiMarkets legit?
    Regulation: Is MahiMarkets legit?

    Trading Platform

    MahiMarkets utilizes the MT4 trading platform, a widely respected and user-friendly platform known for its robust trading tools and advanced charting capabilities. MT4 supports a wide range of trading strategies, offering comprehensive technical analysis, automated trading through Expert Advisors, and customizable trading environments. Its reliability and extensive features make it a preferred choice for both novice and experienced traders.

    Customer Support

    Phone:+44 (0)203 397 1825,+64 (0)32 880389

    Social media: Linkedin,Instagram

    Email: info@mahimarkets.com

    Customer Support

    Conclusion

    MahiMarkets, with 5-10 years of market presence and the use of the reputable MT4 trading platform, offers robust trading tools and comprehensive customer support. However, its designation as a suspicious clone raises serious concerns about its regulatory compliance and legitimacy. The accessible website enhances transparency, but the potential risks associated with its suspicious status necessitate careful due diligence from prospective users.

    FAQs

    What trading platform does MahiMarkets use?

    MahiMarkets utilizes the MT4 trading platform, known for its advanced trading tools, comprehensive technical analysis capabilities, and user-friendly interface. MT4 supports automated trading through Expert Advisors and offers a customizable trading environment suitable for both novice and experienced traders.

    How can I contact MahiMarkets customer support?

    MahiMarkets provides multiple channels for customer support. You can reach them by phone at +44 (0)203 397 1825 or +64 (0)32 880389. Additionally, support is available via email at info@mahimarkets.com, and through social media platforms like LinkedIn and Instagram.

    Is MahiMarkets a regulated trading platform?

    MahiMarkets is identified as a suspicious clone, raising significant concerns about its regulatory compliance and legitimacy. Potential users should exercise caution and conduct thorough due diligence before engaging with the platform due to the potential risks associated with its regulatory status.

    Risk Warning

    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.

    News

    NewsMahiMarkets Introduces MFX Radar, white label Options product

    MahiMarkets recently launched a new white label Options product called MFX Radar. This new product is expected to provide a wide range of benefits to traders, including access to a variety of options trading strategies, real-time market data, and advanced risk management tools

    WikiFX
    2023-05-31 15:11
    MahiMarkets Introduces MFX Radar, white label Options product

    User Reviews

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    User comment

    3

    Comments

    Write a review

    fly60219
    more than one year
    MahiFX es totalmente una estafa! Al principio me atrajeron con varias condiciones, me dejaron invertir y me prometieron altos rendimientos. Cuando quise retirar dinero, me pidieron que pagara un gran depósito, pero nunca me lo devolvieron.
    MahiFX es totalmente una estafa! Al principio me atrajeron con varias condiciones, me dejaron invertir y me prometieron altos rendimientos. Cuando quise retirar dinero, me pidieron que pagara un gran depósito, pero nunca me lo devolvieron.
    Translate to English
    2022-11-30 10:22
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    神的宝贝15075194525
    more than one year
    Fraud clone company! They induce traders to download the clone MahiFX and use a small amount of withdrawal as bait. When they have gotten enough from our traders, they make all kinds of excuses to refuse withdrawals and even stole our money from our accounts.
    Fraud clone company! They induce traders to download the clone MahiFX and use a small amount of withdrawal as bait. When they have gotten enough from our traders, they make all kinds of excuses to refuse withdrawals and even stole our money from our accounts.
    Translate to English
    2022-11-27 15:45
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