Make Money Online: MYfintec.com Review, Trade Bitcoin With MYfintec
How to Buy Bitcoin and / or Trade Bitcoin Online
MYfintec.com was founded in early 2009 with the goal of simplifying the online trading process in order to help people make money online. MYfintec is a privately owned company with offices around the globe, where they also appear to currently be applying for a regulatory license.
Although the firm is still growing, it has managed to effectively capture the attention of Bitcoin traders from around the world, including Canada, Australia, and several European areas. But since this broker’s growth is on the rise, it’s time to give MYfintec a fair and unbiased review.
Trading With MYfintec
Getting set up with a MYfintec account is simple. Fill out the required information and submit a deposit of at least 500 Euro. The types of payments they accept include bank wire transfer and credit or debit card in US dollars, Euros, or British Pounds. With this, traders get access to over 130 trading assets, including Bitcoin, international stocks, commodities, currencies, and several indices.
MYfintec appears to utilize the popular Tradologic trading platform, a robust and versatile platform that has received several industry awards. MYfintec offers several CFD trade types. Their social trading feature is a great way for new and inexperienced traders to profit from the trade ideas of other, more knowledgeable investors.
Payouts are an important factor to consider in any broker since payouts directly impact profit and loss. We were excited to find that MYfintec offers returns for losing trades ending out of the money, which is a great way to minimize risk and overall losses.
If you can’t withdraw your earnings, what good is even trading Bitcoin in the first place? We looked around for other people’s experiences sending withdrawal requests through MYfintec, and were reluctant to find anything particularly negative. The only problem we did find were reviews left by unhappy customers who forgot that they must submit a copy of their ID, bank statement, and proof of residency for a withdrawal to actually be processed.
So at the end of the day, MYfintec appears to be a legitimate Bitcoin broker with a growing reputation. Sure, this broker may not be the number 1 broker for Bitcoin trading, but it’s no scam and that is for sure!
This is a Globally Bored web-team post in our Make Money Online section. Remember that making money is always at the risk of loosing money, the content in this post is only an opinion and can not be seen as financial advice.