MYN Capital is an offshore broker and it is an unreliable one. Please read MYN Capital review before investing. The broker is not regulated by any of the known regulatory authorities in the jurisdiction. This broker offers operations in many asset classes and provides investment services in many countries throughout the globe without having a proper license from any of the known regulators like SEC, ASIC, FCA, BaFin, CNMV, CySEC, etc. On investigating online we found that there are many negative MYN CAPITAL reviews and complaints on different broking forums. This is a red flag, for MYN Capital broker can be possible scam/fraud. Your investments/funds may not be secured if you are trading with this broker.
Website – https://myncapital.com/
Official Address – St. Vincent and the Grenadines
Warned by regulating authority – National Securities Market Commission (Spain)
Myn Capital has been the subject of numerous complaints and scam reviews due to its high trading fees and hidden costs. Past traders have reported that Myn Capital charges an excessive fee on trades, as well as a variety of hidden commissions and operating fees. Additionally, customers report feeling misled when signing up for Myn Capital’s services, stating that the platform failed to explain its pricing structure in depth or provide adequate customer support. In conclusion, people should be wary of investing with Myn Capital due to its exorbitant fees and lack of transparency.
MYN Capital is assuredly the ultimate trading software that provides unmatched trading conditions and exceptional services at the lowest possible fees. When you read the broker’s claim you may be tempted to open an account with him and believe that is the best brokerage house in the world.
What is displayed on the website is nothing but an utter lie. Just to lure investments and traders towards their site. The high leverage spreads, and bonus offered is nothing but an eye wash. Read our review about MYN Capital before investing your hard-earned money. Prevention is better than cure.
Spanish regulatory authority CNMV has officially declared MYN Capital as a scam and has issued warnings against it.
MYN Capital is a total scam broker as it claims to be governed by the laws of the state of New York. New York is not a state/province, it is a metropolis. Read a complete Myn Capital review to know more.
MYN Capital Review: Probable scam activities of fraud/scam broker
- Described briefly below are some of the possible scam/fraud activities of MYN Capital broker and hence we do not advise you to work with this broker.
- The terms and conditions of MYN Capital broker are such, that it makes withdrawal impossible. Even it is not possible to bonus. The rules and regulations condition are kept purposefully in such a way to defraud traders/investors.
- The broker calls you umpteen times to invest more and more amounts in the account.
- Claims made through the website are untrue and are virtually not possible to achieve, execute or discharge.
- Returns on investments (ROI) promised by MYN Capital broker on his website are nearly impossible to achieve.
- Risk warnings while trading is not declared/disclosed on the webpage or would be disclosed in very small fonts at some corner of the page which is hardly readable/noticeable.
- The broker is active in the initial period; later on, he may not communicate with you or avoid replying altogether. He may change the URL or company’s name without notifying traders.
- The broker may be operating from those countries where regulation rules are lenient or vague. More often than not these countries are heaven for scam brokers.
- In the initial period, the broker will show you that you are making huge gains/profits but as soon as you submit a withdrawal request, your trades start making losses. Or they will point out some of their illegitimate rules of withdrawals whereby it will be impossible to withdraw.
Negative MYN Capital review and complaints
On surfing the internet or social media sites you will find many negative MYN Capital reviews and complaints of withdrawals of MYN Capital broker. We also examined and scrutinized MYN Capital broker online and other scam features, and hence included this broker in our list of scam brokers 2023.
MYN Capital Review: What the reviews and complaints of MYN Capital broker are in general?
After reading many MYN Capital reviews and complaints from the broker we concluded that account holders are frustrated and are unable to withdraw their funds. The broker has cheated on them and is not fulfilling his promise. There is no transparency in the broker’s operation. MYN Capital broker is now no longer communicating with them through any channels. Have blocked or suspended the account.
MYN Capital Review: How to get your stolen/lost money back from MYN Capital broker?
The best route to recover your stolen/lost money from MYN Capital broker is Scams Report.
Scams Report has a committed team of experts from different fields. The combined team has years of experience and expertise dealing with fraud/scam broking companies. The Scams Report provides free consultation to those victims who have filled out a free consultation form and submitted it to us. We help you build up a solid case against the scammers without leaving any escape route for them, to regain your funds.
Many investors/traders feel that it is impossible to get their money back from these fraud/scam brokers. Let me assure you there is nothing like impossible. Many victims feel they are alone, be assured you are not alone; the scam broker has scammed many innocent investors and disappeared into thin air. He has scammed people in the past, is presently scamming, and will continue his activity in the future. Even the most cautious traders/investors make mistakes and fall into the booby trap laid by the scammers.
Precaution is better than cure. Before investing, stay alert, read reviews on different channels, after it is your hard-earned money. Happy investing/trading.
We have more than 10 years of experience in the field of funds recovery services from all types of scams like Forex trading scams, Binary Trading Scams, Cryptocurrency scams, Online Scams, Investment Scams and all other financial scams. Scams Report is a genuine recovery organization and deploy all modern methods to help the victims of scams.
Hope this MYN Capital review is helpful for you.
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