Forex brokers rating. Find out what brokers traders trust.

This web resource is meant for accomplished traders who are interested in changing their broker and also beginners who are in search of their first broker. Every visitor to ForexRating can compare forex brokers available in the market nowadays and choose the best company to suit their needs. Apart from a comparative analysis of forex brokers, the web resource contains an honest rating of forex brokers which are ranked entirely on the grounds of your votes. By ForexRating, you can judge a degree of trust that traders put in a particular forex broker.

How to choose a Forex broker?

MahiFX reviews

6/10 (votes 2385)

FX-1 Race

Chance to win a real prize of $1,500 on a demo account

Beauty contest

Miss InstaForex, a prize fund for voting

On-line since: 2012
Country of origin: New Zealand
Regulation: ASIC, FSP, and FCA
Payment options: bank cards (Visa/Masterсard), wire transfer
Minimum account size: $0
Minimum lot size: 0.00001 lot
Leverage: 1:100
Spreads: floating

MahiFX is one of the most popular forex brokers in New Zealand. The company offers a wide range of products created by a team of professionals with many years of experience in this industry. These products include MFX Compass, MFX Vector, and MFX Trade.

The broker's activity is regulated by ASIC, FSP, and FCA.

MahiFX provides two account types. The only difference between them is a platform on which clients can trade. Trading is conducted via the broker's own platform, MahiFX, on the first account type and via popular MetaTrader 4 on the second one. Other trading conditions are the same for both account types. The company does not set a minimum deposit, but clients need to deposit at least $1 to start trading. The minimum deal size is 0.00001 lot. Spreads are floating and relatively low compared to ones of other brokerage firms. The minimum spread for the EUR/USD pair is 0.8 pip and the average one is 1.4 pips. The broker offers such trading instruments as currency pairs, gold, and silver. The leverage depends on the trading instrument, it is 1:100 for Forex and 1:25 for precious metals. MahiFX's clients can trade more than 100 currency pairs, that is one of the widest choice in the industry. The margin is 100% and the stop-out is 50%. Hedging is allowed.

MetaTrader 4 is one of the most popular trading platforms offered by almost all brokerage companies. It provides many opportunities and services, including building charts, implementing your own trading strategies, news stream, and trading signals. MT4 is available on any device and operating system. It can be downloaded to Windows and MAC as well as to IOS- and Android-based smartphones or tablets. The MahiFX platform has standard tools and functions.

The security of the website is ensured by the ssl encryption. Traders can contact the company's managers by email, phone, and live chat. Besides, clients can get in touch with them in social networks.

There are also trade ideas, video lessons, and a currency converter are on the website. The website is available in English only but the customer support is also provided in Arabic, French, and Spanish.

Add your review

Comments about broker

Sakib trader

review MahiFX

09-12-21

Ever since I started my trading journey at MahiFX, I did not have to worry about my trading activities. The broker has a stable platform so my activities are never interrupted by technical issues. The fees are also affordable.

Arios trader

review MahiFX

30-04-21

I would not recommend this broke to anyone. There's something fishy. I feel like they are holding my withdrawal. Until now I haven't gotten it. when I requested a withdraw of $200 they added some hidden commission which isn't on the agreement when you make an account and I had only $150 to withdraw, the $50 was kept by the broker I had to close my trading account with Mahi Fx because they refused to compensate me. I couldn't access the trading server. The broker has't transparent policy.

Yerasd trader

review MahiFX

04-04-21

I like MahiFX as they assist me to become experience trader. They provide me practical advices, offers me timely information, superior spreads, leverage and gives excellent bonus. I am also tremendously impressed by their fastest deposit and withdrawal system. I believe my investments are secured because they have a high level of security.

Sheshna trader

review MahiFX

23-03-21

I was able to open an account at MahiFX because they did not have a minimum limit on the starting capital. There was no pressure on the amount of funds that I would be depositing. Consistently, even while trading with them, I did not feel any pressure because the trading condition is favorable to traders.

Diclaim

Trading in the foreign exchange market and using leverage involve considerable risks and may cause a partial or complete loss of funds.

Make sure you possess sufficient skills and experience for this activity and are aware of possible risks.

MahiFX reviews

Pass to the list of brokers

Comments about broker

FOREX RATING © 2024 All right reserved