Score

1.21 /10
Danger

MHICO

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Exposure

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Score

Regulatory Index0.00

Business Index4.70

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

MHICO · Company summary
AspectInformation
Company NameMHICO LTD
Registered Country/AreaJapan
Founded Year2023
RegulationRegulated by the NFA (Unauthorized)
Market InstrumentsCryptocurrencies,Equities Markets,Fixed Income
Minimum Deposit500 JPY
Trading PlatformsMHICO app
Customer SupportPhone: 088-234-6534-563 or email Contact@mhi-co.com.
Deposit & WithdrawalCryptocurrencies, QR code

Overview of MHICO

MHICO LTD, founded in 2023 and based in Japan, operates as a cryptocurrency trading platform with additional offerings in equities markets and fixed-income instruments. While the platform is regulated by the National Futures Association (NFA), its unauthorized status raises regulatory compliance issues.

MHICO facilitates trading with a minimum deposit of 500 JPY, offering users access to market instruments. The platform provides a mobile trading experience through the MHICO app, emphasizing global accessibility.

Overview of MHICO

Is MHICO legit or a scam?

MHICO is unregulated by any authorities.

Pros and Cons

ProsCons
User-Friendly InterfaceUnregulated
Global AccessibilityLimited Educational Resources
Quick QR Code TransactionsLimited Advanced Trading Tools

Market Instruments

MHICO offers a range of trading assets, covering fixed income, cryptocurrencies, and equities markets.

1. Fixed Income:

MHICO includes fixed income securities as part of its trading assets. These may comprise government or corporate bonds, offering investors a stable income stream over a specified period. The inclusion of fixed income instruments suggests a balanced approach to investment, providing users with options beyond volatile markets.

2. Cryptocurrencies:

MHICO facilitates trading in cryptocurrencies, reflecting the growing interest in digital assets. Cryptocurrencies, such as Bitcoin and Ethereum, are known for their decentralized nature and potential for both rapid gains and losses. MHICO's inclusion of cryptocurrencies in its asset portfolio acknowledges the significance of this emerging asset class in the financial landscape.

3. Equities Markets:

MHICO users can engage in the trading of equities, representing ownership in publicly listed companies. This asset class allows investors to participate in the performance of companies across various sectors. The equities markets provide an avenue for users to diversify their portfolios and potentially benefit from the growth of individual companies.

Trading Platform

MHICO offers a mobile trading platform named MHICO. MHICO positions its trading platform as a tool that emphasizes security, user-friendliness, and intelligence in managing cryptocurrencies. Users are encouraged to download and install MHICO to explore its features. The platform extends its services to mobile users, offering a solution for purchasing, storing, exchanging, and spending cryptocurrencies. This mobile capability suggests adaptability to users' preferences for on-the-go transactions.

Trading Platform

Deposit & Withdrawal

MHICO sets a minimum deposit requirement of 500 JPY for users looking to engage in trading activities on its platform. This minimum deposit serves as the initial amount that users need to fund their accounts to start participating in buying and selling cryptocurrencies.

MHICO offers versatile payment methods, emphasizing the global accessibility and efficiency of cryptocurrency transactions. Moreover, MHICO provides users with the option to display their unique QR code.

Customer Support

MHICO ensures responsive customer support through multiple channels. For inquiries, users can call +088-234-6534-563 or email Contact@mhi-co.com.

Customer Support

Conclusion

In conclusion, MHICO presents a user-friendly platform with global accessibility for audience interested in cryptocurrency trading. The quick QR code transactions contribute to the platform's efficiency.

FAQs

What is the minimum deposit required to open an account with MHICO?

The minimum deposit for MHICO accounts is 500 JPY, providing an accessible entry point for users.

Can I trade a range of cryptocurrencies on MHICO?

Yes, MHICO offers a wide selection of cryptocurrencies for users to trade.

What distinguishes MHICO's user interface?

MHICO's user interface is known for its user-friendly design, ensuring a better experience for both new and experienced traders.

User Reviews

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User comment

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Comments

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FX1727978847
more than one year
Overall it is a good experience trading with MHICO. The only thing i am not putting 5 star is because it is a time when they upgrading server, and causing stop The connection without notifying customer. Please next time communicate with customer first before doing anything that causing customer disconnect to mt4 platform
Overall it is a good experience trading with MHICO. The only thing i am not putting 5 star is because it is a time when they upgrading server, and causing stop The connection without notifying customer. Please next time communicate with customer first before doing anything that causing customer disconnect to mt4 platform
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2024-07-15 18:58
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