The Official Website Of HunanMimaiNetwork Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore, We Can Only Collect Some Relevant Information For Reference Only.
2022-07-08 We Found That The HunanMimaiNetwork Webpage Has Expired.
On July 8, 2022, We Found That Https://mwhfx777.com/zh-cn/this Domain Name Has Expired, And It Is Very Likely That The Domain Name Has Been Suspended, Which Is A Bad Sign.
2022-06-22 We Have Confirmed After Review That HunanMimaiNetwork Is An Unregulated FX Broker
HunanMimaiNetwork Claims To Be A Professional FX Broker, But Does Not Provide Its Regulatory Details Or Other Relevant Information (contact Details, Legal Documents, Etc.). Lack Of Such Important Information Can Be A Clear Signal For An Unregulated Broker, As Regulated Traders Always Display Their Certifications And Business Licenses In Prominent Places. This Is A Red Flag.
By Downloading Its MT4 Platform Software, We Found That HunanMimaiNetwork Is Located In Chenzhou City, Hunan Province, China. According To The Information We Have, There Is Currently No Regulatory Authority In Mainland China That Regulates FX Activities. This Means That HunanMimaiNetwork Is Not Regulated By Any Regulatory Authority.
It Is Not Safe For This Broker To Hold Or Control Investor Funds, And Investors Cannot Be Protected By Any Laws. It Is A Fake Broker.
Since The Broker's Website Cannot Be Accessed Now, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That HunanMimaiNetwork Has Not Obtained Any Valid License At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Number Or Company Address.
Note: HunanMimaiNetwork As A, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold The Company Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker
