MYFINTEC Forex Broker Review (2020)

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MYFintec Brokers

MYFintec was an offshore Foreign exchange & Cypto Foreign money Forex Broker that opened in Might 2018.

Owned by Kin Ltd, they’re positioned within the Marshall Islands. Contact telephone quantity in the UK: +44 203 936 1150. Their e mail tackle is: [email protected], and the official web site is: https://www.MYFintec.com/.

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Rip-off Crypto Software program

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MYFintec Assessment

Our review of MYFintec finds that they’re providing the brand new Tradologic CFD buying and selling software program for Foreign exchange and Crypto Foreign money Buying and selling. This buying and selling platform has all Main Foreign money pairs in addition to minor crosses. There’s a giant choice of underlying property obtainable together with; Commodities, Indices, Shares, Futures, Litecoin and Bitcoin for buying and selling. Spreads on BTC/USD are about $120 which could be very extensive, and on the EUR/USD about 20 pips.

One factor we observed that they’re lacking on this Forex Brokers web site, is the choice to make use of MetaTrader4 software program or any cell buying and selling apps. Minimal deposit for a brand new buying and selling account is $500, and the minimal withdrawal quantity is $100.

MY-Fintec gives their shoppers a “loyalty bonus”, however it is necessary so that you can perceive that bonus cash locks up your deposited funds.

MYFintec Brokers Forex Crypto Trading

MYFintec License Verify

Rip-off Broker Investigator evaluations a whole lot of Foreign exchange & Crypto Forex Brokers, to see if they’re scam Forex Brokers or respectable Forex Brokers. The best way to correctly assess a Forex Broker is by checking to see in the event that they maintain a license from CySEC, FCA or ASIC.

MY Fintec doesn’t have a Forex Brokers license.

You may see all the favored licensed Forex Brokers listed right here.

Evaluate Authorized CFD Brokers

Sensible buyers usually get overwhelmed, with so many Foreign exchange Forex Brokers to select from and evaluate. Listed here are a few Forex Brokers which can be in style.

ForTrade is the very best Forex Broker for brand new buyers to start out with. They’re a respectable Forex Broker, that’s regulated by the FCA & ASIC, look right here.

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If you’re already investing with MYFintec, please share your expertise within the feedback part under.

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