MH Markets vs OctaFX: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

MH Markets
MH Markets
VS
OctaFX
OctaFX

Quick Summary

Best for Beginners

OctaFX

$25.00

Tightest Spreads

MH Markets

From 0.0 pips pips

Highest Leverage

OctaFX

1:Up to 1:1000

Best Rated

OctaFX

4.70
/5

Mobile Trading

Both

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General Information

MH Markets

Regulation

FSC (Mauritius)

Founded

N/A

Headquarters

Mauritius (licensed), UAE office

Overall Rating

4.30/5

OctaFX

Regulation

CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)

Founded

N/A

Headquarters

Vincent

Overall Rating

4.70/5

Trading Conditions

Feature MH Markets OctaFX
Minimum Deposit $50.00 $25.00
Average Spreads From 0.0 pips From 0.6 pips (average 0.7 pips on EUR/USD) – Competitive for majors.
Maximum Leverage 1:2000 Up to 1:1000
Commission None None

Account Types

MH Markets

No account types specified

OctaFX

Standard Accounts Islamic Account ECN Accounts Copy Trading Accounts VIP Accounts Raw Account Micro Accounts

Platforms & Tools

MH Markets

MetaTrader 4, MetaTrader 5, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Not Available

Social Trading

Available

OctaFX

MetaTrader 4, MetaTrader 5, WebTrader

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Payments

MH Markets

Deposit Methods

🏦 Bank/Wire  |  💳 VISA/MasterCard  |  🏛️ Local Banking  |  📱 QR  |  💰 Tether (USDT)

Withdrawal Methods

Same as deposits; processing typically 1 business day; wire may take 3–5 days

Withdrawal Fee

None

OctaFX

Deposit Methods

Credit/Debit Cards (Visa/Mastercard), E-Wallets (Skrill, Neteller), Bank Wire Transfer, Cryptocurrencies (Bitcoin, USDT, 10+ options).

Withdrawal Methods

Same as deposits: Processed same-day for e-wallets/crypto; 1-3 days for wires. Broker covers all fees (third-party may apply).

Withdrawal Fee

None

Support

MH Markets

Support Languages

Multi‑lingual support: English, Thai (and others) 

Support Channels

24/7 multilingual support; strong reviews, though some variability in response times 

Account Manager

Available

OctaFX

Support Languages

English, Arabic, Chinese, Spanish, Indonesian, Malay, Thai, Vietnamese – 10+ for Asian/global users.

Support Channels

24/7 via Live Chat, Email (support@octafx.com), WhatsApp/Phone; Response <1 min.

Account Manager

Available

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