Brokers  /  MZQH

MZQH

Severe risk
🇨🇳 China · 5-10 years · since 2020-01-15 · 民众期货1
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.56/10
Trustpilot/5
Forex Peace Army/5
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No sign that MZQH actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Withdrawal complaints in ~200% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints2412%
Offshore registration458%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal name民众期货1
Headquarters🇨🇳 China
Founded2020-01-15
Years operating5-10 years
Employees0
Official website106.14.164.216:8050
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

MZQH is an unregulated broker based in China with no verifiable regulatory licences. The lack of publicly available information combined with the high FXCanary Scam Risk Score of 75 indicates a severe risk profile. We strongly advise against depositing funds until the broker can demonstrate credible regulation and transparent operations.

Best for
  • Traders willing to accept significant regulatory risk
  • Experienced users who perform extensive independent due diligence
Not for
  • Investors seeking regulated brokers
  • Beginners or those requiring investor protection schemes
  • Anyone risk-averse or with limited capital
Period:
What users complain about
Where reviewers are from
Hong Kong1

Real user reviews

Where MZQH operates

Based on its licenses and complaint records.

🇭🇰 Hong Kong 1 complaint

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About MZQH

Broker Overview

MZQH is a financial trading entity registered in China and officially launched on 15 January 2020. The brokerage operates under the domain qihuojytz.com.

At present, MZQH does not hold any known regulatory licences from recognized financial authorities. This absence of oversight means that traders considering engagement with this firm must be aware of the increased risk inherent in dealing with unregulated entities.

Regulatory Status

Our records show that MZQH has no regulatory licences on file. The company is registered in China but is not supervised by the China Securities Regulatory Commission (CSRC) or any other major regulatory body.

Without a credible licence, investors have no formal recourse mechanism in case of disputes or financial loss. This is a critical factor to consider before committing any funds.

Company Background

MZQH was established on 15 January 2020 in China. The website qihuojytz.com is the primary online presence for the brand.

Limited public information exists regarding the company's operational history, management team, or corporate structure. This lack of transparency further complicates any effort to assess the broker's reliability.

Products and Services

Based solely on the official domain name (qihuojytz.com), which translates loosely to 'futures investment exchange', the broker likely targets retail traders interested in futures or leveraged products. However, no confirmed details about specific instruments, trading platforms, or account types are available from our facts.

Potential clients should exercise extreme caution and perform their own due diligence before opening an account.

Deposits and Withdrawals

No information on payment methods or withdrawal procedures is recorded in the known facts. As an unregulated entity, the broker's handling of client funds is unknown and carries significant risk.

Traders are advised to verify any funding conditions directly with the broker and to be wary of any opaque or non-standard payment practices.

Client Suitability

Given the lack of regulatory oversight and minimal public information, MZQH is unsuitable for risk-averse investors or those who require a formal regulatory safety net.

Only traders with a high risk tolerance and a thorough understanding of the potential pitfalls of unregulated brokers should consider this entity, and then only with capital they can afford to lose.

Overview compiled by FXCanary from regulatory records and public data. full MZQH review