Extrait:established in Mexico, MYN CAPITAL is an online forex broker and claims to be regulated by svg in st vincent and the grenadines but we should know that this so called regulator does not regulate forex trading at all. So, beware of possible dangers!
Registered in | Mexico |
regulation status | No effective regulation at present |
Foundation year(s) | Founded in 2011 |
market instruments | Currency Pairs, Indices, Commodities, Metals, Energies, Stocks, Futures |
minimum initial deposit | N/A |
maximum leverage | N/A |
minimum spread | N/A |
trading platform | N/A |
Methods of deposit and withdrawal | more than 14 different methods |
Customer Service | Email/phone number/address/ live chat |
fraud complaints | Yeah |
general information and regulation of MYN CAPITAL
established in Mexico, MYN CAPITAL is an online forex broker and claims to be regulated by svg in st vincent and the grenadines but we should know that this so called regulator does not regulate forex trading at all. So, beware of possible dangers!
In the following article, we will analyze the characteristics of this broker in all its dimensions, offering you easy and well-organized information. If you're interested, read on.
At the end of the article, we will also briefly extract the most significant advantages and disadvantages so that you can get an idea of the broker's features at a glance.
market instruments
currency pairs, indices, raw materials, metals, energies, stocks, futures… MYN CAPITAL gives its clients access to a massive trading market. So beginners and sophisticated alike could find what they want to trade on. MYN CAPITAL . but cryptocurrencies are not available.
spreads and commissions to trade with MYN CAPITAL
MYN CAPITALIt does not detail on its website the additional trading costs of spreads, commissions, swaps, which are very important when calculating profits and losses. these costs should be considered together and not chosen in isolation, and if you want to trade with MYN CAPITAL We recommend that you take some time to calculate these trading costs.
trading accounts available at MYN CAPITAL
MYN CAPITALdoes not provide account information. As a general rule, a forex broker will offer several different levels of live accounts with different trading conditions (leverage, spreads, commissions, etc.) depending on the minimum deposit. In addition, many brokers offer demo accounts in which those interested can operate without incurring real monetary losses. Since interest is prohibited by law in Islamic regions, some brokers also offer Islamic accounts, which do not charge swaps.
trading platform that offers MYN CAPITAL
No information is provided on this aspect of the trading platform. Typically, a Forex broker will offer external trading platforms such as the widely used MT4, MT5, WebTrader, or a self-developed platform of the same name, or both.
Leverage monximo of MYN CAPITAL
on the website of MYN CAPITAL We did not find information regarding commercial leverage. There are forex brokers that offer leverage up to 1:500, but new users are advised to trade with caution with such large leverages.
Deposit and Withdrawal: methods and fees
according to MYN CAPITAL , deposits are made through more than 14 different and global methods. but it does not say much about withdrawals, and emphasizes that there are some operations that influence the withdrawal process. Furthermore, it says that withdrawals are processed within 5 business days, while many other brokers guarantee to process within 1 business day.
education in MYN CAPITAL
A number of educational resources are available at MYN CAPITAL , we have real-time charts, technical analysis, economic calendar, articles
customer service of MYN CAPITAL
As in the other information sections, in this area of customer service there is not much information, and you can only contact them by phone, email, address and live chat.
Here are more details about customer service
Languages: Spanish
Address: Paseo de la Reforma #180, Esq. Av. de Los Insurgentes, Colonia Juarez, Delegacion Cuauhtemoc, Ciedad De Mexico, DF, Mexico
Telephone: +52 15521131589
Email: info@myncapital.com
Social networks: Facebook, Instagram and WhatsApp
Live chat on WhatsApp
complaints against MYN CAPITAL that we have received in wikifx
On our website, you can see that scams have already been reported by some users. Please pay attention and be prudent when investing. You can check our platform to find out before trading, and if you have discovered such a fraudulent broker or have been a victim of one, we would appreciate if you let us know in the Exposure section and our team of experts will do everything possible to solve the problem. for you.
pros and cons of MYN CAPITAL
Pros:
educational resources
many products traded.
Contras:
complaints
lack of effective regulation
lack of information
few deposit and withdrawal methods
there is no MT4/MT5
no islamic accounts
no hay copy trading.
there are no cryptocurrencies
frequently asked questions about MYN CAPITAL
Is this broker regulated?
No, it is currently not effectively regulated and you are advised to be aware of its potential risks.
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