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A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 68 | 35% |
| Company age | 22 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 100 | 12% |
| Offshore registration | 10 | 8% |
| Transparency (site/info/social) | 0 | 10% |
| Real-user sentiment | 90 | 8% |
Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.
| Regulator | License type | License No. | Region | Status |
|---|---|---|---|---|
| ASIC | Market Making (MM) | 414198 | Australia | — |
| FMA | Market Making (MM) | 197465 | New Zealand | — |
| FCA | Forex Execution License (STP) | 751019 | United Kingdom | — |
Across 9 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (10 reports) — the classic warning sign in forex. Sentiment is strongly negative; multiple users describe losing access to their money. Treat with extreme caution.
0Active across 4 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.
Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.
MahiMarkets is a forex and CFD broker based in United Kingdom, with records dating to 2017-09-25. It reports oversight from ASIC, FCA, FMA.
FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.
On Trustpilot, MahiMarkets holds a real-user score of 0.0/5. Withdrawal problems appear 10 times — always test a small withdrawal first.
Overview compiled by FXCanary from regulatory records and public data. full MahiMarkets review
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