Score

1.53 /10
Danger

MYfintec

United Kingdom

5-10 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index7.15

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Warning

SG MAS
2019-05-14

Broker Information

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Company Name

Kin Ltd

Company Abbreviation

MYfintec

Platform registered country and region

United Kingdom

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

MYfintec · Company summary

General Information

MyFintec is owned by Kin Ltd., which is an offshore company registered in the Marshall Islands. The Marshall Islands is a popular offshore zone for the forex brokers as they can be easily incorporated under the countries law. In other words, MyFintec is an unregulated broker.

Market Instruments

MyFintec offers trading in Forex, CFDs on indices, stocks, commodities and cryptocurrencies.

Accounts

With MyFintec you can open a Basic Account with 500 EUR, a Silver Account with 2500 EUR, Gold Account with 10,000 EUR, Platinum Account with a minimum deposit of 50,000 EUR and a Diamond Account with the stunning 250,000 EUR.

Trading Conditions

MyFintec does not disclose anything about the trading condition they offer. So we are not sure neither about their spreads, nor about the maximum leverage or the trading commissions. That is clearly a negative.

Trading Platform

MyFintec offers its clients some kind of a web based trading platform. In this regard, we recommend the industry standard MetaTrader4 or MetaTrader5.

Payment Methods

On MyFintec we see the logos of VISA, MasterCard along with the symbols of a variety of crypto coins – Bitcoin, Monero, Dash, Ethereum, Litecoin, Komodo, Ripple and Bitcoin Cash.

Customer Support

Should investors have any questions, they can contact MyFintec via the email: support@fintec.com, as well as the hotline: 442039361150.

User Reviews

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User comment

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Comments

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李宗瑋
more than one year
A total scam from MYfintec who lured me to invest money in return for a large profit. Sadly I did not do any research on this company which is an unregulated forex broker. I lost a lot of money. Once they have your money forget trying to get it back you will be wasting your time. Once sent to MYfintec from your crypto account, not even the police can help you.
A total scam from MYfintec who lured me to invest money in return for a large profit. Sadly I did not do any research on this company which is an unregulated forex broker. I lost a lot of money. Once they have your money forget trying to get it back you will be wasting your time. Once sent to MYfintec from your crypto account, not even the police can help you.
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2023-03-21 16:17
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ywjbc
more than one year
Do not invest with this company - I have lost out already. These people are not looking to help you, they set you up with major deficits and will ask you to put in funds to boost your account - they will ask for increasing amounts of cash but never give your money back.
Do not invest with this company - I have lost out already. These people are not looking to help you, they set you up with major deficits and will ask you to put in funds to boost your account - they will ask for increasing amounts of cash but never give your money back.
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2023-03-07 16:57
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