No, the software will not work on Windows 10 because it was released a very long time ago and it isn't being constantly updated anymore, therefore it lacks compatibility with Windows 10. I've also checked and it appears that many people use it, but there are other replacements available.
I recommend checking the link below for a list with the most known image editors that have the same or even better functions than MGI Photosuite: http://software.informer.com/search/image+editors
