MYfintec Review: Scam or Legit Forex Broker?

MYfintec Review: MY Fintec is a forex and cfd broker that offers trading in a huge range of assets spanning commodities, indices, stocks, currenciy pairs and cryptocurrencies. They have their address at Trust Company Complex Ajeltake Road Ajeltake Island, Majuro Marshall Islands MH 96960 and they are owned and operated by Kin Ltd.

myfintec review

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MYfintec TRADING PLATFORM

This broker uses the  Tradologic trading platform for CFD, Forex and cryptocurrency trading.

DEPOSIT AND WITHDRAWAL METHODS

The available methods are Bank Wire transfer, MasterCard, Visa, bitcoin. The minimum deposit is $500

Is MY FINTEC LICENSED?

NO! MYFintec is not licensed. Therefore, no regulatory body is acting as a watchdog overseeing that they comply with best practices in the financial market.

SUPPORT

This broker offers support to its traders, they could be reached through phone calls or emails, whichever you prefer.

CONCLUSION

MY Fintec is an unregulated broker, this is a source of major concern. When trading forex, cfd and cryptocurrency we always recommend you use a regulated broker that is licensed to trade financial instruments.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK which makes client funds safe. They accept traders worldwide..visit their official website

DID YOU KNOW!! Most Autotrading softwares or robots claiming to turn you into a millionaire overnight are SCAMS. If you are in need of a legitimate software or robot that can help you trade profitably, see our recommendation HERE

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MyFintec
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Paul French

Do not trust this company – they are scam brokers. All over you to invest but when you want to withdraw, they disappear. Avoid at all costs, they are basically just thieves.