Abstract:MH, established in 2016 in Hong Kong, is regulated by the CGSE, but has been suspected of having a cloned license. It offers trading products in Forex, Metals, and Commodities.
MHReview Summary | |
Founded | 2016 |
Registered Country/Region | Hong Kong |
Regulation | CGSE (Suspicious Clone) |
Market Instruments | Forex, Metals, Commodities |
Demo Account | / |
Leverage | / |
Spread | / |
Trading Platform | / |
Min Deposit | / |
Customer Support | Tel: +852 31037916 |
Email: info@mhgold.com | |
Address: West Wing 2/F, 822 Lai Chi Kok Road, Cheung Sha Wan, Kowloon, Hong Kong |
MH, established in 2016 in Hong Kong, is regulated by the CGSE, but has been suspected of having a cloned license. It offers trading products in Forex, Metals, and Commodities.
Pros | Cons |
/ | Suspicious clone CGSE license |
Lack of transparency | |
Limited tradable asset classes |
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.
Regulatory Status | Suspicious Clone |
Regulated by | The Chinese Gold & Silver Exchange Society (CGSE) |
Licensed Institution | 金點貴金屬有限公司 |
Licensed Type | Type AA License |
Licensed Number | 156 |
Tradable Instruments | Supported |
Forex | ✔ |
Metals | ✔ |
Commodities | ✔ |
Indices | ❌ |
Stocks | ❌ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
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According to the Broker, The website (https://mcmarkets.com) is owned and operated by MAGIC COMPASS GLOBAL LIMITED and MAGIC COMPASS LTD. MAGIC COMPASS GLOBAL LIMITED is a registered entity in Seychelles registered at IMAD Complex, Office 12, 3rd Floor, Ile Du PORT, Mahe, Seychelles, Registration Number: 8434985-1