The Official Website Of Mycryptoworks Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore, We Can Only Collect Some Relevant Information For Reference Only.
2022-06-23 UK FCA Puts Mycryptoworks On The Warning List
On June 23, The UK Financial Conduct Authority (UK FCA) Issued A Warning That Mycryptoworks Is Not Authorized To Provide Financial Services Or Products In The UK. You Can Visit The Following Website For Details: Https://www.fca.org.uk/news/warnings/mycryptoworks
2022-07-13 We Have Reviewed And Confirmed That Mycryptoworks Is An Unregulated Forex Broker
Mycryptoworks Claims To Be A Reliable Broker, But Does Not Provide Any Regulatory Details. The Lack Of Such Important Information Can Be A Clear Signal For Unlicensed Traders, As Regulated Traders Always Display Their Certifications And Licenses In Prominent Places. This Is A Red Flag.
More Importantly, The UK Financial Conduct Authority (UK FCA) Has Issued A Warning That Mycryptoworks Is Not Authorised To Offer Financial Services Or Products In The UK
This Means That Mycryptoworks Is Not Regulated By Any Regulatory Authority. It Is Not Safe To Let This Broker Hold Or Control Investor Funds And Investors Cannot Be Protected By Any Law. It Is A Fake Trader.
Since The Broker's Website Cannot Be Accessed At This Time, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That Mycryptoworks Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose Providing Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: Mycryptoworks As A, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious When Selecting Traders, And Remind Everyone To Stay Away From These Unregulated Ones As Much As Possible.
