MH Markets

MH Markets is a global forex and CFD broker operating under the Mohicans Markets Group, offering multi-asset trading services to clients worldwide. The broker provides access to a wide range of financial instruments, including forex, commodities, indices, stocks, and cryptocurrencies through CFDs.

The company operates through a multi-entity structure, with registered and licensed entities in jurisdictions such as Australia (ASIC), Mauritius (FSC), the UAE (SCA), and Vanuatu (VFSC). This structure allows MH Markets to offer flexible trading conditions, including higher leverage for international clients, while maintaining regulatory presence across several regions.

MH Markets supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with web and mobile trading solutions, providing access to automated trading, advanced charting tools, and fast execution.

The broker offers multiple account types, including Standard, Prime, and ECN accounts, catering to both beginner and professional traders. Its trading environment emphasizes high leverage, low entry requirements, and multi-asset diversification, making it attractive to traders seeking flexible conditions.

Trading Regulators

MH Markets operates under a multi-jurisdiction regulatory structure, combining regulated entities with offshore registrations. This allows the broker to offer global services while providing different trading conditions depending on the client’s location.

The broker is associated with the following regulatory authorities:

• Australian Securities and Investments Commission (ASIC) – Australia

  • Mohicans Markets Capital Pty Ltd

  • Regulated entity providing financial services under Australian law

• Securities and Commodities Authority (SCA) – United Arab Emirates

  • MH Markets Financial Services LLC

  • Category 5 license for financial consultations and introductions

• Financial Services Commission (FSC) – Mauritius

  • Offshore investment dealer license for global clients

• Vanuatu Financial Services Commission (VFSC) – Vanuatu

  • Offshore brokerage authorization

• Saint Vincent and the Grenadines (SVG) – Registered entity

  • Not a regulated forex jurisdiction (registration only)

Security

MH Markets implements standard security and compliance procedures across its regulated entities.

These include:

• Segregation of client funds from company operational funds

• KYC (Know Your Customer) verification procedures

• AML (Anti-Money Laundering) compliance frameworks

• Internal risk management and monitoring systems

Under regulators such as ASIC and SCA, the broker must comply with financial reporting standards, operational controls, and client protection requirements.

However, traders registered under offshore entities may not receive the same level of protection as those under Tier-1 regulation.

Transparency

MH Markets provides transparency through its multi-entity disclosure structure, publishing regulatory affiliations and corporate presence across different jurisdictions.

The broker offers:

• Public information about its regulatory entities and jurisdictions

• Legal documentation, such as risk disclosures and account agreements

• Disclosure of its global operational footprint (Australia, UAE, Mauritius, Vanuatu, SVG)

MH Markets provides access to a broad multi-asset offering through CFD trading, allowing clients to speculate on global financial markets without owning the underlying assets. The broker supports a diverse range of instruments, including forex, commodities, metals, indices, stocks, and in some cases, cryptocurrencies, depending on the entity and platform.

The platform is designed to enable portfolio diversification and flexible trading strategies across multiple asset classes.

Forex

MH Markets offers access to the global foreign exchange market, with a wide selection of major, minor, and exotic currency pairs.

• Over 30–100+ currency pairs, depending on account and platform

• Includes major pairs such as EUR/USD, GBP/USD, USD/JPY

• Supports leveraged trading and real-time execution

Forex is one of the broker’s core offerings, providing high liquidity and 24/5 trading opportunities.

Commodities

MH Markets provides commodity CFDs, allowing traders to access key global raw materials without physical ownership.

Available commodity categories include:

• Precious metals: Gold, Silver, Platinum

• Energy products: Crude Oil (WTI, Brent) and Natural Gas

Commodity trading is commonly used for diversification and as a hedge during periods of economic uncertainty.

Indices

MH Markets offers CFDs on major global indices, enabling traders to speculate on broader market performance.

• Access to 10–20+ index CFDs

• Includes major benchmarks such as S&P 500, NASDAQ, Dow Jones, FTSE 100

Index trading allows traders to gain exposure to entire markets rather than individual companies.

Shares

MH Markets provides share CFDs, allowing traders to speculate on the price movements of publicly listed companies.

Key features include:

• Access to 10+ US stock CFDs and global equities

• Exposure to major companies such as Apple, Amazon, and other large-cap firms

• Ability to trade both long and short positions

This allows traders to participate in equity markets without owning the underlying shares.

Metals

Metals are offered as a distinct category within commodities, focusing on high-liquidity assets.

• Gold and Silver as primary trading instruments

• Platinum is also available in some cases

Metals are widely used for hedging and safe-haven strategies during market volatility.

Cryptocurrencies

Cryptocurrency availability at MH Markets is limited or varies depending on the entity and platform.

• Some sources indicate access to crypto CFDs

• Others suggest that crypto trading may not be available across all regions or accounts

As a result, traders should verify availability based on their specific account and jurisdiction.

MH Markets offers a structured range of account types designed to accommodate traders at different experience levels, from beginners to professional and high-volume traders. The broker provides three primary live account types, Standard, Prime, and ECN, each with distinct pricing models, spreads, and minimum deposit requirements.

Account Options at MH Markets

Standard Account

The Standard Account is MH Markets’ entry-level offering, designed for beginners and casual traders who prefer a simple and accessible trading environment.

Typical characteristics:

• Minimum deposit of $50

• Spread-based pricing (no commission)

• Spreads starting from approximately 1.0–1.5 pips

• Leverage up to 1:1000–1:2000 depending on entity

• Available on MetaTrader 4 and MetaTrader 5

• Suitable for beginner and discretionary traders

This account is ideal for traders who want a low entry barrier and simple pricing structure without commissions.

Prime Account

The Prime Account is positioned as an intermediate option, offering improved spreads while maintaining a commission-free structure.

Key features:

• Minimum deposit of $100

• Lower spreads compared to Standard (often below 1 pip)

• No trading commissions

• Access to all instruments and platforms

• Leverage up to 1:1000–1:2000

This account is suitable for traders who want better pricing than Standard accounts without moving to a commission-based model.

ECN Account

The ECN Account is designed for experienced traders who require raw spreads and direct market execution.

Key features:

• Minimum deposit of $1,000

• Raw spreads starting from 0.0 pips

• Commission typically around $6–$7 per lot (round turn)

• Direct access to liquidity providers (ECN execution model)

• Suitable for scalping, day trading, and algorithmic trading

This account is preferred by professional and high-frequency traders who prioritize tight spreads and execution speed.

Demo Account

MH Markets also provides Demo Accounts that simulate real trading conditions using virtual funds.

Key features:

• Free to use with no financial risk

• Access to MT4 and MT5 platforms

• Suitable for beginners and strategy testing

Demo accounts allow traders to gain experience before transitioning to live trading.

Islamic (Swap-Free) Account

MH Markets offers Islamic (swap-free) accounts for traders who require Sharia-compliant trading conditions.

Key features:

• No overnight interest (swap) charges

• Available on selected account types

• Alternative administrative fees may apply

Availability depends on the trader’s region and account eligibility.

MH Markets offers a focused platform ecosystem built around industry-standard MetaTrader platforms, providing access to trading across desktop, web, and mobile devices. The broker supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and a browser-based WebTrader, allowing traders to choose between classic and advanced trading environments.

MetaTrader 4 (MT4)

MetaTrader 4 is one of the core platforms offered by MH Markets and remains widely used among retail traders.

Key features include:

• Advanced charting tools and technical indicators

• Support for Expert Advisors (EAs) and automated trading

• One-click trading and customizable interface

• Stable and reliable execution environment

MT4 is particularly popular for forex and CFD trading due to its simplicity and extensive community support.

MetaTrader 5 (MT5)

MetaTrader 5 is the more advanced platform supported by MH Markets, offering enhanced functionality and multi-asset capabilities.

Main features include:

• Multi-asset trading (forex, stocks, indices, commodities)

• More order types and advanced charting tools

• Built-in economic calendar

• Improved strategy testing and faster execution

MT5 is designed for traders who require more advanced tools and broader market access compared to MT4.

WebTrader (Browser-Based Platform)

MH Markets also offers a WebTrader platform, allowing traders to access their accounts directly through a web browser without downloading software.

Key features include:

• Full trading functionality via browser

• Real-time price feeds and charting tools

• Access to open positions, pending orders, and trading history

• Compatible with any device with internet access

WebTrader is ideal for traders who need quick and flexible access to their accounts from different devices.

Mobile Trading

MH Markets supports mobile trading through MetaTrader applications:

• MT4 and MT5 mobile apps are available for iOS and Android

• Real-time market data and charting

• Full trade execution and account management

• Push notifications and alerts

Mobile trading enables users to monitor and manage trades efficiently while on the go.

MH Markets offers a transparent and flexible pricing structure designed to accommodate both beginner and professional traders. The broker provides a combination of spread-based pricing (Standard and Prime accounts) and a raw spread + commission model (ECN account).

Trading Fees

Trading costs at MH Markets depend on the selected account type.

Forex and CFD Trading

MH Markets offers three main pricing models:

• Standard Account (Spread-Based)

  • Spreads start from approximately 1.0–1.5 pips on major pairs

  • No commission is charged

  • Trading costs are fully included within the spread

• Prime Account (Improved Spread-Based)

  • Spreads often start from around 0.6–1.0 pips

  • No commission is charged

  • More competitive than Standard account pricing

• ECN Account (Commission-Based)

  • Raw spreads from 0.0 pips

  • Commission typically $6–$7 per lot (round turn)

  • Designed for scalping and high-frequency trading

This tiered structure allows traders to choose between a simple spread model or a tighter pricing model with transparent commissions.

Other Asset Classes

• Indices, commodities, and metals are generally spread-based

• Share CFDs may include additional costs or wider spreads depending on liquidity

Spreads and Execution Costs

Spreads at MH Markets are variable and depend on market conditions, liquidity, and trading session.

Typical spread structure:

• Standard: ~1.0–1.5 pips

• Prime: ~0.6 pips and above

• ECN: from 0.0 pips

The broker uses STP/ECN execution models, providing access to liquidity providers and aiming to reduce slippage under normal market conditions.

As with all CFD brokers, spreads may widen during high volatility or low liquidity periods.

Overnight and Funding Fees

MH Markets applies overnight swap (rollover) fees on leveraged positions held beyond the daily cutoff time.

These fees depend on:

• The instrument traded

• Position direction (long or short)

• Market interest rates

Additional conditions include:

• Triple swap charges mid-week (typically Wednesday)

• Swap-free (Islamic) accounts available, replacing swaps with alternative administrative fees

Non Trading Fees

MH Markets maintains a relatively low non-trading fee structure, though some costs may apply.

• No deposit fees charged by the broker

• Withdrawal fees may apply depending on method (e.g., ~$20 for bank wires)

• Possible inactivity fee of approximately $10 per month after 90 days

• No account opening or maintenance fees

Additional potential costs include:

• Payment provider or bank fees

• Currency conversion fees

• VPS or third-party service costs

Deposits

MH Markets offers a variety of funding options designed to provide flexibility and accessibility for traders worldwide. The broker maintains a low minimum deposit requirement starting from approximately $50, depending on the account type.

MH Markets generally does not charge internal deposit fees, allowing traders to fund their accounts without additional broker-side costs. However, external fees may apply depending on the payment provider or banking institution.

Deposit processing times vary depending on the method used:

• Cards and e-wallets: typically instant or within minutes

• Crypto and local payments: minutes to a few hours

• Bank transfers: typically 2–5 business days

Deposits are processed through the client portal, and the availability of specific methods may vary depending on the trader’s region.

Withdrawals

MH Markets supports withdrawals through the same general methods used for deposits, ensuring compliance with AML (Anti-Money Laundering) regulations.

The broker typically does not charge internal withdrawal fees, but third-party fees may apply depending on the payment provider.

Processing times typically include:

• Broker processing time: usually within 1 business day

• E-wallets and local methods: within 24 hours after processing

• Bank transfers: typically 3–5 business days

The total time for funds to reach the trader depends on the payment provider and banking system.

Deposit and Withdrawal Methods

MH Markets supports a wide range of payment options, including:

• Credit and debit cards

• Bank wire transfers (local and international)

• E-wallets (Skrill, Neteller, Perfect Money)

• Local payment gateways (region-dependent)

• Cryptocurrencies (e.g., USDT and other digital assets)