MYfintec Forex Broker Review

Review of MYfintec Forex Broker

myfintec-review

MYfintec is a Recommended Forex Broker

The first thing you realize when you arrive at the MYfintec website is that they have put a large amount of time into their Guides and Education center which includes a trading academy, news, video analysis, technical analysis, market summary, live market summary, calendar and calculator.

The Trading Guide Includes:

  • Trading Strategies
  • Asset Index
  • What is a bonus?
  • Market Schedule
  • Glossary

Transparency

This broker (MYfintec.com) is fully transparent, giving users information about the company that owns the website, privacy policy, legal information and contact info. They also have a Facebook page, Twitter feed, Google+ page, LinkedIn profile and even an Instagram page – which shows that the company is serious when it comes to their presence on the web.

Minimum Deposit, Payments and Leverage

All clients including those depositing the minimum of 500 Euro get private trading sessions. Although the minimum deposit is twice the industry average, the private trading sessions make it worth it. Deposits can be made via wire transfer, credit card and a variety of e-wallets. Leverage for minimum deposit accounts is up to %10 while leverage for the diamond account is up to %50. Leverage by percentage is a new type of leverage among brokers these days and seems to be working good for many traders.

Trading Platform and Security

Security of funds and trading platform security are very high quality with this broker. The Tradologic platform which has won many awards is a highly secure trading platform which is extremely accurate. MYfintec uses multiple identification document confirmation for deposits and withdrawals, further securing client funds.

Conclusion

MYfintec is not a new broker, it has been operating since 2009 and has no negative complaints or reviews on the web. With a variety of assets to trade including cryptocurrency CFDs and a secure platform and online presence it seems that this broker is one that can be trusted and recommended to traders over the globe.