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MahiFX offers its own proprietary platform with all the tools necessary for Forex trading. Trades can be placed as three different orders: market orders, limit orders and stop loss/take profit orders. Quick orders can also be placed. Traders using this platform can choose among several other options as well such as deciding the upper and lower limits of a trade.
The proprietary platform allows several positions to be rung at the same time
MahiFX is offers the popular MetaTrader 4 (MT4) platform. As of August 2013, trading done via the MT4 trading application is enabled through a MahiFX custom-built bridge. The technology links MahiFX’s award-winning trading engine to the MT4 platform, offering retail FX investors automated trading capabilities and access to a wide range of tools and resources to analyze price and place orders and manage trades employing Expert Advisors (EA’s), custom indicators and scripts.
There are two types of execution in MT4 – ‘Instant’ and ‘Market’. They operate the MahiFX+MT4 offering in instant execution mode. With instant execution the trader is able to control slippage on a market order by specifying the maximum tolerated pips deviation from the ask price in the case of a buy, or the bid price in the case of a sell. If the trade server is unable to fill within that deviation, the trade is rejected and a re-quote message is returned.
The MahiFX MT4 platform is available on Apple and Android devices.
Review info: MahiFX
Review Date: 2016-10-12
Rating : 4
Reviewed By : Sara Patterson (Google+)