Do not trust all the words of the new financial agents
Representative of MHPS Investments is one of the scammers who use the credulity of investors for their selfish purposes. Despite the lack of reviews about the company online, there are facts indicating suspicious activity. In this review, we will take a closer look at this situation.
Analysis of MHPS Investments Activity
MHPS Investments has created a fictional legend and presented statistics of their successes. They claim that their platform offers hundreds of opportunities to work in the financial markets. According to their data for the year 2022:
- trading volume for the last quarter – $507 billion,
- total balance of client funds – $485 million,
- 126,000 transactions per day,
- 102,000 active users.
Checking information about the company in whois and web archives allowed us to discover some inconsistencies.
MHPS Investments website was updated in January of this year, indicating the possible start of their active activities. However, the lack of direct technical support and a fake office address in Hamburg raise serious questions about the legitimacy of the company.
Legitimacy of Operations and Licenses
MHPS Investments claims to fully comply with the regulators’ requirements, but the absence of confirming documents raises doubts. Despite mentions of licensing, we did not find scanned copies of the relevant documents.
Our search in the registries of supervisory authorities showed that MHPS Investments does not have licenses from the mentioned regulators, confirming violations in their operations.
Offers for Investors
MHPS Investments requires a minimum investment of $1,000 to start cooperation. They offer several tariffs with different conditions, but considering their questionable reputation and lack of legal basis, caution is recommended.
There are no reviews about the company, which may indicate its recent appearance. Perhaps, soon MHPS Investments will actively promote itself to attract new clients.
Scammers’ Tactics and Conclusion
Criminals, like MHPS Investments, attract the attention of newcomers by promising training and successful deals. However, it is worth remembering that such schemes are designed for quick enrichment of scammers at the expense of inexperienced investors.
Dealing with MHPS Investments can result in the loss of invested funds, considering their dishonest methods of work and lack of legal basis for their activities.
I am extremely dissatisfied with MHPS Investments’ performance in 2023 as their lack of professional guidance and poor investment strategies have significantly impacted my portfolio negatively.