If you want to access your Laptop internet into your Mobile by using your Wi-fi then it is vary easy with Windows 8 , 7 Laptop. Because Windows 7 , 8 have option to share your internet connection with Wi-fi. But this feature is incomplete feature with less security and not easy manage users and security.
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Mhotspot is tiny application which is compatible with both Windows 8 and windows 7. Mhotspot help you share your internet connection in Laptop with your mobile wifi devices. It is vary easy to setup wifi with mHotspot. you can have working and secured wifi Hotspot within minutes.
mhotspot is 400KB in size with WPA2 PSK password security for your wifi Hotspot protection. You can manage users for your wi-fi hotspot and limit number of users for your hotspot which helps stopping speed hogging. With some more feature mhotspot is nice and user friendly software.
Developer have mentioned some of great feature of mHotspot on there website and also have an video tutorial of setting wi-fi Hotspot with mhotspot.