MH Markets: Mauritius accounts, withdrawal charges and copy-trading controls

This profile covers the Mauritius service of MH Markets, identified as Mohicans Markets (Ltd). The company says it assigns clients to a licensed entity according to their jurisdiction; a shared brand does not make every account a Mauritius account. US residents and prohibited or sanctioned jurisdictions are excluded. The company describes this entity as a principal dealer and liquidity provider.[1]

The main account page instead advertises minimum spreads of 0.8, 0.5 and 0.0 pips for Standard, Prime and ECN respectively. These are different company-published schedules, not independently observed prices. Neither supplies a typical EUR/USD spread. The ECN label also does not remove the principal-counterparty relationship. Obtain the account’s actual symbol spread and complete commission schedule before comparing an all-in trade cost.[2]

An existing account cannot simply change tier: the company directs clients to open another account under the same name and email.[2]

The help centre specifies USD as the trading-account base currency. Funding in another supported currency is converted, and profits or losses quoted in a different currency are converted into USD when the position closes. This is not a promise that the trading account maintains separate spendable cash balances in every funding currency.[28]

View full spreads & trading costs

The leverage guide also lists crypto instruments at fixed 1:100. That is an account-leverage disclosure, rather than evidence of a separate cryptocurrency custody or spot-exchange service.[20]

Spreads float with conditions. ECN commissions are additional to that spread; the help centre explains how to display the Commission column in MetaTrader but does not publish a universal commission amount. Overnight financing is applied at 23:59 server time. Symbol specifications give long/short rates and whether the calculation uses points or an annual percentage. Illustrative swap calculations in the help article are not current financing quotations.[16]

Index/share-related dividend adjustments can change account cash even when the position has not closed. The published policy applies adjustments at 23:59 server time: long positions receive a credit and short positions a debit for the relevant ex-dividend event. The amount depends on the applicable rate, contract size and lots. Its dated calendar supplies event estimates, not a standing yield.[19]

The agreement permits an inactivity fee after more than six months without trading when a positive balance remains. It supplies no fee amount.[58]

The margin guide defines margin level as equity divided by used margin, multiplied by 100. It gives a warning at 50% and forced closure at 30%, starting with the largest losing position until the level recovers above 30%. A warning is a risk threshold, not assurance of enough time to transfer funds before liquidation.[22]

The general trade-size guide states a 0.01-lot minimum and maximum 100 lots per instrument, without account-type differences. That conflicts with Prime’s No Limit field. Treat the account and symbol specification as necessary confirmation of the permitted order size; the Prime wording alone does not establish unlimited exposure.[23][4]

The agreement permits good-till-cancelled or time-limited pending orders. Unremoved orders can open a new position after the original position is manually closed; cancellation must precede execution.[58]

The October strategy guide distinguishes platform capability from permission. EAs may run, but latency/erroneous-price arbitrage, abusive scalping and unauthorised automation remain restricted. Hedging support does not approve every coordinated-account strategy. The company invites a written strategy check describing frequency, holding period, tools and any multiple accounts.[24]

July agreement clause 23 permits repricing or cancelling affected trades/profits, restricting accounts and holding withdrawals during prohibited-strategy investigations.[58]

The hyperactivity policy counts server messages, not just completed trades: more than 5,000 in a day produces a warning, and 10,000 can disable the account. Counters reset after 24 hours without activity. Order amendments and automated requests therefore matter even when trading volume is modest.[25]

The account page lists bank transfers for USD accounts, card funding in AED for UAE clients, and cryptocurrency funding. Availability is regional rather than a universal payment menu.[2]

Deposits must come from a payment source in the client’s own name. The portal sets the available methods and channel limits; an account’s initial funding threshold does not establish the minimum for every later payment. Verification or payment-source checks can still be required before credited money becomes usable.[27]

For deposits and withdrawals, the displayed conversion rate and equivalent amount appear before redirecting to the payment system. The conversion guide says these rates are fixed once daily at 05:00 GMT+4. It does not state a universal markup against an independently specified market rate.[29]

The Southeast Asia paragraph says the same general rules apply but lists separate method thresholds. It does not explicitly resolve how those thresholds interact with the first-five allowance. Confirm the charge displayed for the specific request.[30]

The original-method policy returns deposited principal through the funding method and allows profits through an available alternative. The separate card guide is narrower: card refunds cannot exceed the original card deposit, and profits must be withdrawn through USDT. The card-specific instruction should be clarified before relying on the broader choice.[34][35]

A withdrawal uses the portal and email verification. The withdrawal rules require risk acknowledgement when open positions leave margin at 100–200%, deduct promotional credit before confirmation, and require any social-trading performance-fee distribution to be settled. Myanmar clients are directed to USDT; an insisted-upon non-USDT SGD payment below SGD 2,000 carries SGD 30 handling. Available cash, free margin and credit are therefore different amounts.[33]

A client can cancel a request from Funds History while its status is Pending Review. Once it advances, support must be contacted; a cancellation request is not a guarantee that the payment can be recalled.[36]

Transfers between the client’s own MH accounts are generally instant. Open positions with low equity, bonus removal or copy-trading profit-sharing checks can require manual handling. Moving a balance can reduce the sending account’s margin even though no money leaves the broker.[37]

The FSC public-register route returned no inspectable firm row on this check; current independent authorisation remains unverified.[59]

The help centre describes segregated client funds and account-security controls, while expressly tying protections to the client’s legal entity. These are company disclosures, not an independent verification of bank balances. Segregation should not be treated as deposit insurance or a guarantee against trading losses.[39]

Negative-balance resets are offered only for eligible accounts, normally automatically at day-end or following support review. The help page warns against depositing while a negative balance remains, because the payment may first offset that deficit. It does not establish unconditional coverage for every Mauritius account or strategy.[38]

The agreement warns that losses can exceed deposits and makes deficits payable. Eligibility for a help-centre zero reset must therefore be established for the actual account.[58]

Verification normally requires photo identification and proof of address issued within three months; some countries also require a selfie or SMS checks. Review can take a few hours when documents are complete, but that is not a guaranteed opening or withdrawal deadline.[41]

Loss of the registered email address requires a support request with identity evidence and a selfie; the published recovery process is not an account-manager shortcut. After security changes, withdrawals and internal transfers are blocked for 24 hours. A password or email change therefore affects payment availability as well as login access.[40]

The August help article archives a live USD/USC account after 90 days when there has been no login, no balance operation and no open trade, and equity is below $15. Residual cash moves to the User Wallet; history is retained and restoration can be requested through support. Demo validity is one month on MT5 and 90 days on MT4.[42]

The main website FAQ still gives a different Standard-account rule: 435 days and a $10 threshold. That conflict should be resolved for the relevant server/account. Archiving is separate from the agreement’s possible fee after six months without trading.[57]

Permanent deletion requires positions and pending orders to be cleared and remaining funds withdrawn or moved to another own account. Request through the registered email/helpdesk; the company aims to review within 24 hours. Export records first because deleted-account login and history access are lost.[43]

The agreement provides monthly emailed statements and requires objections within three working days of receipt.[58]

For an execution or connection dispute, retain account/order identifiers, instrument, server time, errors and logs, then contact support. The company distinguishes quote movement, slippage and connectivity problems; a frozen chart does not itself prove an invalid fill. Its troubleshooting route does not establish that an emailed order or a general support call will close a position.[26]

The October complaint guide asks for the contracting company, account and ticket references, a timeline with timezone, instruments/orders, disputed amount, supporting records and the requested remedy. Use the official help-centre route and retain the reference. The article does not supply a fixed acknowledgement or final-response deadline.[47]

From 16 March 2026, complaints concerning Mauritius Global Business licensees must use the FSC online portal; ordinary email and telephone submissions are not accepted.[60]

MH Social Trading is the broker’s own copying service, with provider selection and follower allocations. It is separate from merely installing an EA in MetaTrader; following a strategy delegates the creation of copied trades within the chosen settings.[48]

Copying can scale by follower/provider equity or balance and a multiplier, use a fixed multiplier, or use a fixed lot size. Minimum trade increments can cause rounding or skipped orders, and insufficient follower margin can prevent a copy. A follower’s results can therefore differ from the provider’s displayed performance.[49]

Providers can set a performance fee from 0% to 70%, using a high-water-mark profit calculation. Settlement can be daily, weekly or monthly, depending on the offer. The PerFee description in MetaTrader identifies a settled performance charge; it is additional to the account’s trading and financing costs.[50]

The still-linked 10% promotion states an enrolment period of 1 July–30 September 2026 and a USD 500 qualifying deposit. That period had ended by this profile’s check date. It should not be presented as an open offer to new participants; existing grants retain their own eligibility and validity conditions.[52]

The bonus explainer distinguishes loss-bearing from non-loss-bearing credit. Non-loss-bearing credit can be removed and positions closed when equity falls below the credit amount. A portal credit balance is therefore not equivalent to withdrawable cash, and promotional margin should not be counted twice when estimating a withdrawal’s effect.[53]

Trading Central is offered to eligible accounts through the client portal’s additional tools. Its technical views, market commentary, economic information and educational material support analysis; this page does not grant the research service authority to place or withdraw funds from the client’s account.[54]

The October IB/AI guide says introducing-broker status does not itself authorise account trading, guarantee capital or identify an official MH AI system. MH Markets does not recognise third-party tools merely marketed as its official AI. Giving a promoter login credentials would confer access beyond that introducer relationship; any trading permission must be separately established.[55]

The company presents MH Markets as an international online trading business under the Mohicans Markets name, with multilingual service and a platform-led retail offering. Its published awards and reach statements are company marketing, not independently measured execution quality. This profile uses the currently available operating disclosures rather than treating awards as a suitability score.[56]

The Mauritius client agreement is version 2.0, effective 7 July 2026, superseding version 1.0. Older help-footer terms should not displace that current agreement.[58]

Headquarters

Port Louis, Mauritius — profiled entity