My24 Coin Review : Fees, Pros and Cons, Reviews by Real Traders

My24 Coin

Operating status: SCAM

Website: https://www.my24-coin.com/

Broker violations and abnormal records

Mar 13, 2022 The Spanish CNMV added My24 Coin into Its Warnings
On 14 Mar 2022, the CNMV issued a warning that My24 Coin has not been authorised to provide investment services, you may visit: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=MY24-COIN.

On 14 Mar 2022, the CNMV issued a warning that My24 Coin has not been authorised to provide investment services, you may visit: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=MY24-COIN.
Mar 22, 2022 BrokersView has reviewed that My24 Coin is an unregulated forex broker
My24 Coin claims it is operated by 24 COIN HRS LIMITED, a company that has regulations in Lebrn.com. However, Lebrn.com is not a regulatory authority and it has no legit right to regulate any forex trading. Besides, this broker claims it is located in the United Kingdom, as per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. But we did not find any match results to My24 Coin in FCA. That means this broker is not regulated by any regulators.
What's more, the Spanish National Securities Market Commission (CNMV) issued a warning that My24 Coin is not authorised to provide any forex investment and services. So investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

My24 Coin claims it is operated by 24 COIN HRS LIMITED, a company that has regulations in Lebrn.com. However, Lebrn.com is not a regulatory authority and it has no legit right to regulate any forex trading. Besides, this broker claims it is located in the United Kingdom, as per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. But we did not find any match results to My24 Coin in FCA. That means this broker is not regulated by any regulators.What's more, the Spanish National Securities Market Commission (CNMV) issued a warning that My24 Coin is not authorised to provide any forex investment and services. So investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
Jul 07, 2022 BrokersView has found that My24 Coin is not working
On 8 Jul 2022, BrokersView found the domain https://www.my24-coin.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

On 8 Jul 2022, BrokersView found the domain https://www.my24-coin.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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