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MyFintec-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2022-07-18 18:08

Abstract: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.

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.

BrokerDealer

Related broker

No Regulation
MYfintec
Company name:Kin Ltd
Score
1.58
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.58

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