I am sharing my experience on “mhotspot” which is one of the best software that create a virtual wi-fi hotspot and enable your computer to share your internet through wi-fi to other computers, laptop, smartphones etc. It is free software that can be run on all windows operating system without installation of additional networking components. It allows you to share Ethernet, Data-Card, Wi-Fi connection or 3G/4G with devices like Smartphones, PDAs, laptops, tablets etc. I have been using this software from last six month to share my existing internet connection to my Smartphone through laptop.
Its features:-
It is capable to connect 10 devices.
It allows you to see transfer rate, upload and download speed.
It is capable extending wifi range.
It supports ipads, PDAs, tablet-pcs, Android phones,
It is capable to set password to secure your w ifi hotspot
Its size is less than 1 MB.
Overall, it is a best device that act as router to connect max. no of devices and I like it.