MahiFX Review

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Company Overview

Founded in 2010 by David and Susan Cooney, MahiFX is an online brokerage that provides trading options for forex and Contracts for Differences (CFDs). MahiFX prides itself on offering a new and innovative method in the trading business, which sets it apart from its rivals. Operating out of New Zealand, it is regulated by the Australian Securities and Investment Commission (ASIC). With more than five decades of collective experience in the trading business, the founders of MahiFX can be considered pioneers in the field of forex trading. It shares its unique expertise over a wide range of specialist areas including quantitative analysis of the market, trading and sales, and various disciplines of coding.

Trading Platform

When it comes to trading platforms, MahiFX provides its users the choice of two trading platforms: MetaTrader 4 and MT4 MahiFX WebTrader. MetaTrader 4 is a multilingual platform that offers a very user-friendly environment. It provides users an in-depth analysis of the market and allows expert advisors to advise customers so that they always make the most educated decisions. It is a multi-award winning trading platform which has made forex trading simple, easy, and efficient. Users can perform transactions very conveniently as it has enabled one-click executions, which has made transactions faster and reduced slippage.

The MetaTrader 4 platform is also critically acclaimed in the online trading community as it offers mobile applications to traders so that they can assess the market on the go and make transactions with one click without being bound to their computer screens. MetaTrader applications are available for all iOS, Android, and Windows Phone devices.

On the other hand, the MT4 MahiFX WebTrader is an online trading platform which requires no lengthy installations or large downloads. Users can just log in to the website and start trading within seconds.

MahiFX has two account types called the MahiFX account (which is based on the MT4 MahiFX WebTrader platform) and the MahiFX MT4 (which is for those accounts that use MetaTrader 4). Both these accounts require an initial deposit of 1 USD and offer a maximum leverage of up to 1:100, while the minimum trade size is 0.01 lots.

Features

  • Demo accounts available
  • Multiple trading platforms
  • Specialized forex trading software available
  • Leverage up to 1:100
  • Minimum trade size of 0.01 lots
  • Initial minimum deposit of 1 USD
  • US clients not allowed
  • Client referral bonuses
  • Regulated broker

Customer Support

As it was founded by a team of professional traders, the people at MahiFX are well aware of the questions that enter into the mind of new traders, which is why they have set up one of the best customer care services ever. Users can register their complaints via mail, email, or phone. MahiFX promises to look into the complaints and answer them as soon as possible.

Conclusion

Although it is a relative newcomer to the business of online forex trading, MahiFX has quickly established itself as one of the most promising and rapidly growing online brokerage firms trading in the market today.

Office website: https://mahifx.com/

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