MahiFX Review
Note: MahiFX has closed and is no longer operating. We recommend clients explore other quality brokerage options available on our site. You can view our other quality broker listings here.
MahiFX was formed in 2010 by David & Susan Cooney. Our diverse team has over five decades of collective interbank experience in the disciplines of coding, quantitative analytics, trading and sales.
MFX Trade is our award winning retail forex trading platform. You can access our institutional quality spreads on MT4 on our tradingweb app. Our trading platforms have been built from the ground up by traders for traders.
Typical Spread on Majors
| EUR/USD | 1.0 |
| GBP/USD | 1.7 |
| USD/JPY | 1.0 |
- Company Info
| Headquarters | Christchurch, New Zealand |
| Type of Broker | Market Maker |
| Founded | 2010 |
| Regulated By | Regulated By ASIC (Australia), FMA (New Zealand), FCA (UK) |
| Offices In | New Zealand, United Kingdom |
| Supported Languages | English, French |
| ESMA Regulation ? | This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | AUD, EUR, USD, GBP, NZD, JPY, CAD |
| Minimum Deposit | $0 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | Yes |
| Islamic Accounts | No |
| ECN / STP Accounts Offered | No |
| Commission on STP or ECN | 0 |
| VIP Accounts Offered | No |
| Mini Accounts Offered | Yes |
| PAMM / MAM Solutions | No |
| API Solutions | Yes |
| Mobile Trading | Yes |
| Web Based Trading | Yes |
| Funding Methods | Credit/Debit Cards, Wire Transfer |
| Withdrawal Methods | Credit/Debit Cards, Wire Transfer |
- Platform Details
| Platforms Offered | MahiFX Trader, MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 Android, MetaTrader 4 iOS |
| NO of Pairs | 100 |
| Pricing Digits | 4 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | Yes |
| Mobile Alerts | Yes |
| Trading Server Time | GMT + 1 |
| Demo Account Expiry | 30 Days |
| VPS Offered | No |
- Trading Details
| Dealing Desk | Yes |
| Maximum Leverage | 100:1 |
| Minimum Contract Size | 0.01 |
| Execution | Instant Execution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | No |
| Option of FIFO | No |
| Negative Balance Protection | No |
- Additonal Instruments
| Metals | Yes |
MahiFX Reviews
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