Cryptocurrency is one of the exciting trends in the world of currency that is here to stay. Due to this fact, various analyst suggests that digital currency holds the future of modern transactions and banking. Being the most unregulated, decentralized, and volatile currency, Cryptocurrency fanatics are faced with several pressing challenges of joining a crypto brokerage firm that is simple to navigate, fraudulent free, transparent, and can offer quality and reliable Cryptocurrency transactions services.
Having a pool of brokers to choose from, even the smartest investor can be unable to choose the best one to work with. Most of them get confused thus failing to know the best way to go. Every broker you meet on the way looks good not until you meet you meet another and discover he is better. On the other hand, the number of scams and fraudulent schemes is increasing day in day out. As a result, traders and investors have to be cautious when choosing their broker so as to prevent them from being the victims. MYfintec is slowly taking a course of being the most preferred choice by traders and investors.
MYfintec is a top trading platform that focuses on the Cryptocurrency and Forex brokering. MYfintec has been a leader in the global Fintech revolution since 2009 when it began as a Venture capital funds manager and opened to the public in 2012. It is among the largest and fast-growing brokers that have a range of innovative investment and trading tools. This online brokerage is offering the best trading services as well as unique benefits that may be unavailable elsewhere. These services include the provision of flexible trading conditions that enable traders to access various markets of their wish.
MYfintec firm is owned and run by Kin Limited. The company is registered in Marshall Islands, New Guinea. The firm was established by a group of experts drawn from different fields, who came together to contribute their expertise with an aim of forming this leading online broker. Their resources, experience, and expertise have played a great role in building MYfintec hence making it one of the renowned trading platform for investors and traders across the world. Like any other crypto-trading platform, MYfintec is licensed to run as a regulated trading platform by a leading regulatory body.
Features of MYfintec
- Tradologic Contract for Difference (CFD
The MYfintec trading platform provides its clients with a software known as Tradologic Contract for Difference (CFD) that is very useful in Cryptocurrency and Forex trading. This software enables users to manage and execute their trades as smoothly as possible. The platform also provides a unique feature that offers other currencies such as Singapore and Hong Kong dollars, Turkish Lira, South African Rand, and CFDs for trading platinum, silver, gold, indices, stocks, and beverages like wheat, corn, and coffee. MYfintec has no lags and hassles, hence it provides a smooth and exciting experience for all people.
- Multiple Trading Platforms
Another great feature of the MYfintec is that it offers access to multiple trading platforms. The trader is only required to choose three options for a trading platform that are offered by the firm. This is to mean that you can begin trading in various financial markets worldwide through a mobile application. Similarly, you can become a web trader. MYfintec offers an option whereby the trader can MetaTrader 4, which usually comes with a web and a mobile version that is suitable to the traders. This feature makes it an outstanding choice for both beginners and skilled traders.
- Several Methods Of Payments
The main aim of MYfintec is to serve its users with the most convenient and comfortable way possible. This is witnessed in the form in they offer their methods of payment. The trader can use bank transfer, debit or credit cards to make their deposits or withdrawals. They offer other 20 digital methods of carrying out deposits and withdrawals but details about them have not been released yet. Similarly, traders can use Blockchain transfers as the accounts provide a Bitcoin deposit option.
- Excellent And Reliable Customer Service
MYfintec has availed a lot of resources to make sure that good and convenient customer support is offered. Occasionally, most of the buying decisions are made out of the quality of the customer care service that is provided. Consequently, MYfintec has adopted a strong customer care support system that can be used for inquiry and assistance by the users anytime. Their customer service is available fulltime, all day all night.
They can be reached through a phone call, social media platforms, emails, and text messages. The customer care agents on the other end are friendly and devoted to giving accurate and meticulous answers to the problems of the traders. They extend to offer required guidance regarding their platform or the general market.
- Wide-Ranging Security Structure
Trading online is one of the biggest risks that one can take because of the vulnerability of both your financial and private information. Once the trader puts the data in the platform, there are chances that it can be accessed by a third party through hacking. This is the major reason why many traders vacillate giving out their information. However, MYfintec is aware of securing the information of the users and therefore it has used expertise from security specialists in creating their security policies.
Encryption element such as a firewall is installed to up their security. Generally, they use top encryption levels that prevent any illegal and unauthorized access to their data. On the other hand, funds are kept in isolated accounts with different top investments banks to guarantee their safety.
- User-Friendly Interface
The biggest challenge that is faced by top trading platforms is that they have an interface that is complicated and hard to understand and use. As a result, traders take a lot of time overcoming the learning curve that is created by their complexity. Nevertheless, this is not the case with MYfintec. It has a simple and user-friendly interface that is easily navigated by both beginners and skilled traders. Everything with this platform is straightforward and direct. The interface provides several languages apart from English for convenience and benefit of traders across the world.
Their well-established website that is user-friendly also and everything in its respective section. This feature has enabled traders to navigate easily in the world of MYfintec and attain their own stride. The first step in accessing this website involves a straightforward process of signing up. Here, you’re are only required to choose the type of account that you would want to run. The process is following by other few steps, and you are done.
- Availability and Accessibility of Educational Materials.
The biggest factor that can differentiate between a successful and unsuccessful trader is the existence of knowledge. The ones that have acquired education have the ability to make right and informed decisions that aid them in making profits. On the other hand, the ones that lack education suffer due to lack of trading knowledge. MYfintec has considered this challenge and offered a platform where traders can expand their knowledge through the provision of in-depth materials that cover various trading topics and markets.
These materials are in form of e-books, videos, and webinars. All these materials are prepared by experts from various fields including the financial market. This information found in these educational materials are valuable as they can help experts and amateurs in learning trading styles and new strategies.
- Trading In Several Markets.
MYfintec gives traders an opportunity of venturing into different markets using one platform. The name of the trading platform may suggest that it deals with Forex only. However, MYfintec is exposed and have networks in global financial markets. This means that, as a trader, you can start trading Cryptocurrencies, commodities, Forex, indicates, and stock as soon as you join the platform.
- Affiliate Program
This is MYfintec program that was established to help market the firm and earn more users. Here, every lone deposit that is made by a direct referral earns a commission of 10%. This is to mean that one can get commissions worth thousands of dollars by just asking people to sign up the platform. Furthermore, all the clients that are referred by your direct referral earn you a commission of 3% when they make their own deposits. Therefore this program can be a source of income.
- MYfintec Accounts
MYfintec offers freedom to the traders so that they can choose the type of account to sign up for. The choice is dependent on the experience level of the trader and the level of risk that they are willing and able to take. The beginner and silver accounts have fewer risks options because they require a little number of minimum deposits.
These are ideal for starters. Other accounts require huge minimum deposits, which poses a big risk and thus they are primarily for skilled and experienced traders. Holders of the accounts can deposit or withdraw their money from the platform through bank transfer, Visa, or MasterCard.
MYfintec is a comprehensive and complete trading solution and provides the various types of accounts that are not common to other brokers. They include:
- Basic account. This type of account is mainly meant for novice traders who are gaining their entry into the trading world for the first time. The minimum amount of deposit for this account is £500 thus a better option for beginners. The account holder gets access to daily market review, junior account manager for two weeks, trading signals, trading sessions two times a month, trading alerts, and advanced charts. Customer support is always available fulltime on all weekdays. Also, 10% leverage and 30% loyalty bonus, as well as partial access to educational materials, is given.
- Silver account. This is the most convenient account for traders and investors who have some experience in the world of trading. It has a minimum deposit limit of about £2,500. Most of its features are drawn from the basic account although with some added perks. The silver account has 20% leverage with trading sessions availed to the account holder for two times a week instead of two times a month as witnessed in most the other accounts.
- Gold account. This particular type of account requires a minimum deposit limit of about £10,000. This is suitable and right for the traders and investors who have some seasoning. This account offers a leverage of about 30% and exclusive access to exclusive webinars and updates and comprehensive access to all educational materials. Traders and investors can have both senior and junior account managers as well as getting trading signals two times a day instead of the normal one time. The trading sessions for this account are conducted three times a week.
- Platinum account. This account is mainly run by investors and traders who have become experts in trading and appreciate the features that are offered by MYfintec. Investment for this account begins at £50,000 in which the loyalty bonus is increased up to 40%. This percentage also represents the leverage. Trading signals for the platinum account are checked at least three times a day. Here, there is no limit to the number of trading sessions that traders can enjoy. They can receive as many as they want.
- Diamond account. Here, the account is operated by expert traders who feel that they are ready to be professionals. The minimum deposit limit is £250,000. The account holder gets a loyalty bonus that is boosted up to 50%. The same percentage applies to the leverage. Most of the activities in this account are unlimited.
All the above features make MYfintec the best choice for traders who aspire to have a reliable trading platform.
Global investment in financial technology continues to grow, giving a clear signal that digital revolution is here with us in the sector of financial services. However, it is unclear whether this is a presentation of another challenge or a chance to the incumbents of the financial industry. MYfintec as one of the financial technology firm has taken bold steps to engage various emerging innovations so take this digital revolution to another level. The firm continues to engage in numerous technology solutions, knowledge, resources and capital with an aim of opening up the intellectual prowess of industry.