Score

1.50 /10
Danger

MyCapital

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.89

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

Broker Information

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Company Name

MyCapital

Company Abbreviation

MyCapital

Platform registered country and region

France

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-12-31
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
MyCapital · Company summary

Note: MyCapital's official website: https://mycapital.io/index.html is normally inaccessible.

MyCapital Information

MyCapital is an unregulated brokerage company registered in France. While the broker's official website has been closed, so traders cannot obtain more security information.

Is MyCapital Legit?

MyCapital is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is MyCapital Legit?
Is MyCapital Legit?

Downsides of MyCapital

  • Unavailable Website

MyCapital's website is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since MyCapital does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

MyCapital is not regulated, which is less safe than a regulated one.

  • Withdrawal Difficulty & Scam

According to a report on WikiFX, a user encountered significant difficulties with fund withdrawals and another thought the broker was a scam. The issue remained unresolved despite the request being pending for a long time.

Negative MyCapital Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative MyCapital Reviews on WikiFX

Currently, there are 2 pieces of MyCapital exposure in total.

Exposure. Cannot withdraw & Scam

ClassificationUnable to Withdraw & Scam
Date2020-11-28
Post CountryThailand

You may visit: https://www.wikifx.com/en/comments/detail/202011282352373851.html https://www.wikifx.com/en/comments/detail/202011289692696371.html.

Conclusion

MyCapital Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that the broker's trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

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