Score

1.58 /10
Danger

MH

Hong Kong

5-10 years

Suspicious Regulatory License

White label MT4

Regional Brokers

High potential risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.53

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

万豪金业有限公司

Company Abbreviation

MH

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The China Hong Kong CGSE regulation (license number: 156) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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MH · Company summary
Aspect Information
Registered Country Hong Kong
Company Name MH
Regulation Claims to be regulated under the China Hong Kong CGSE regulation with license number 156
Services Trading products in precious metals like gold and silver
Customer Support Email: info@mhgold.com <br> Phone: +852 31037916

Overview

MH, a trading platform based in Hong Kong, operates under the claim of regulation by the China Hong Kong CGSE regulation with license number 156, though doubts linger regarding the authenticity of this assertion. Specializing in trading precious metals like gold and silver, MH offers opportunities for speculation and investment. However, its limited website information raises concerns about transparency and credibility. While it provides customer support via email and phone, investors are advised to exercise caution and conduct thorough due diligence before engaging with MH's services.

Overview

Regulation

MH claims to be regulated under the China Hong Kong CGSE regulation with license number 156, but there are doubts about the authenticity of this claim. This regulation sets standards for brokers, including licensing, compliance, transparency, risk management, and investor protection. However, investors should be cautious and verify MH's regulatory status before investing, as there are concerns about its legitimacy.

Regulation

Pros and Cons

MH, as a trading platform, presents both advantages and drawbacks for investors to consider. While it offers opportunities to trade in precious metals like gold and silver, there are concerns regarding its regulatory status and the limited information provided on its website. Additionally, customer support channels are available, but the overall transparency and credibility of MH remain uncertain. Investors should carefully weigh these factors before engaging with MH's services.

Pros Cons
Offers trading in precious metals Doubts about regulatory authenticity
Provides opportunities for speculation Limited information on website
Multiple customer support channels Uncertainty regarding transparency and credibility

Market Instruments

MH offers trading products in precious metals, such as gold and silver. These products allow investors to buy and sell contracts or physical bullion, providing opportunities to speculate on price movements or hold tangible assets. Traders can engage in various financial instruments like futures contracts, options, and exchange-traded funds (ETFs) related to precious metals. However, it's crucial for investors to assess the risks and benefits before participating in such trading activities.

Market Instruments

Customer Support

MH provideS customer support through multiple channels, including email and phone. Customers can reach out to MH via email at info@mhgold.com for inquiries, assistance, or any other support-related matters. Additionally, they offer a phone number, +852 31037916, allowing customers to directly contact them for prompt assistance.

It's essential to note that effective customer support is vital for maintaining customer satisfaction and resolving any issues or concerns promptly. However, without specific details or reviews about MH's customer support performance, it's challenging to provide further insight into the quality or responsiveness of their support services. Customers may consider reaching out to MH through these channels to gauge their level of support and responsiveness firsthand.

Customer Support

Conclusion

In conclusion, MH presents itself as a broker offering trading products in precious metals and claims to be regulated under the China Hong Kong CGSE regulation with license number 156. However, doubts exist regarding the authenticity of this claim, urging investors to verify MH's regulatory status before investing. While they provide customer support through email and phone, the limited information available on their website raises concerns about transparency and credibility. As such, investors should exercise caution and conduct thorough due diligence before engaging with MH or its services.

FAQs

Q1: Is MH regulated by a financial authority?

A1: MH claims to be regulated under the China Hong Kong CGSE regulation with license number 156, but investors should verify this claim for authenticity.

Q2: What trading products does MH offer?

A2: MH specializes in trading precious metals like gold and silver, providing opportunities to speculate on price movements or hold tangible assets.

Q3: How can I contact MH for support?

A3: You can reach out to MH for support via email at info@mhgold.com or by phone at +852 31037916.

Q4: Is MH's website comprehensive?

A4: MH's website provides limited information, prompting investors to seek additional details before making investment decisions.

Q5: What precautions should I take before investing with MH?

A5: Before investing with MH, it's crucial to verify their regulatory status, conduct thorough research, and assess the risks associated with their trading products.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.

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