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MYCOIN BANKING

United Kingdom|2-5 years|
Suspicious Scope of Business|High potential risk|

https://mycoinbanking.com/en/

Website

Rating Index

Contact

+442038074450
support@mycoinbanking.com
https://mycoinbanking.com/en/

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-28
  • 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

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MYCOIN BANKING · Company Summary

Company Summary

Company profile

General Information & Regulation

MyCoin Banking is owned and operated by an offshore company, the Saint Vincent and the Grenadines based MyCryptoWallet LTD. MyCoin Banking is not subject to any regulation at this stage.

Market Instruments

MyCoin Banking claims to offer investors a wide range of trading instruments in more than 250 categories, including Forex currency pairs, commodities, indices, and cryptocurrency CFDs.

Minimum Deposit

In terms of minimum initial deposit, this part involved is not fully disclosed. Most brokers would ask at least $100-$200 to start trading.

MyCoin Banking Leverage

There is no trading leverage related information displayed on the MyCoin Banking website.

Trading platforms

MyCoin Banking does not provide information about trading platforms, which means that it does not offer traders the most popular MT4 trading platform on the market.

Deposit & Withdrawal of MyCoin Banking

MyCoin Banking states that it accepts traders to deposit and withdraw funds to their investment accounts via VISA, MasterCard, wire transfer, and WebMoney. However, popular e-wallet payment methods such as Skrill and Neteller are not supported. MyCoin Banking reserves the right to limit the minimum withdrawal amount for its clients, according to the terms and conditions of trading set by MyCoin Banking.

MyCoin Banking Pros & Cons

MyCoin Banking Disadvantages Include:

1. No regulation & blacklisted by the Belgian Financial Supervisory Authority

2. No minimum deposit information

3. Not providing key information on spreads & commissions, leverage

4. Not providing information on the trading platform

5. Withdrawals restrictions

6. Payment Methods like Skrill not available

Broker Information

Company Name

MYCOIN BANKING

Company Abbreviation

MYCOIN BANKING

Regulatory Status

No Regulation

Platform registered country and region

United Kingdom

Phone of the company
  • +442038074450

Twitter

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YouTube

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Company address

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Linkedin

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WhatsApp

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QQ

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WeChat

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Customer Service Email Address
  • support@mycoinbanking.com

Company Summary

User Reviews

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User comment

3

Comments

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HJKL
more than one year
I've gotta be honest, MYCOIN BANKING is a real letdown. The website takes ages to load, and don't even get me started on their support – it's like watching paint dry. Service? More like snail-paced.
2024-02-23 10:40
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0
0
Eddy Tok
more than one year
I tried to visit MYCOIN BANKING's website, but it showed a "404 Not Found" error. I couldn't find any information about the company's status or services, so I wouldn't recommend trading with them. It's always important to do your due diligence and research any potential trading platform before investing your money.
2023-03-23 11:02
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0
0
FX1249053767
more than one year
MYCOIN BANKING seems to only provide services in Spanish... I know a little Spanish, but it is still too difficult for me to use it to invest.
2023-02-21 13:49
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0
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