Opinions and information about the MyCapital broker
¿It is the broker MyCapital (aka mycapital.io) really reliable? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The MyCapital broker is a broker of: Forex, CFDs and Cryptocurrencies.
The broker mentions to be part of: Vaneda Partners LTD and Zeus Partnership OU
MyCapital is based on: they mention being based in Saint Vincent and the Grenadines and Estonia.
If we talk about regulation, MyCapital is: they mention being a regulated broker but they do not mention information to verify said regulation, we believe that it is an unregulated broker.
We will continue to analyze the different account types that MyCapital offers. In the case of MyCapital we note that they offer 4 different types of account: the Cent Account, the Mini Account, the Standard Account and the VIP Account.
Cent account- Minimum initial deposit of $ 250.
Mini Account- Minimum initial deposit of $ 1.000.
Standard Account- Minimum initial deposit of $ 10.000.
VIP account- Minimum initial deposit of $ 100.000.
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The trading platforms used are: the MT4 platform.
Now, yes, we will go on to analyze the different resources and aids that the company provides to traders on its website: explanation of the products that MyCapital offers, some informative sections, some live graphics, really not much else.
Additional information about the company
Phone number: unmentioned
E-mail: [email protected]
Clarification: The investment company MyCapital works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
* Bonuses or promotions: None by the moment
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with. Why? It is an unregulated broker, it is based in very unsafe countries, when looking for information about MyCapital we could not find any reviews, which makes us think that it is a "new" company.
June 2020 update: CONSOB, Italy's financial regulator, has reported to MyCapital for fraudulent activities
July 2020 update: CNMV, the financial regulator of Spain, has reported to MyCapital for fraudulent activities.
October 2020 update: CONSOB, Italy's financial regulator, has reported to MyCapital for fraudulent activities.
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