My Coin Elite is an offshore broker. The company promises to deliver smooth transaction services for trade in various cryptocurrency exchange.
Is My Coin Elite Registered?
My Coin Elite is supposedly based in the United Kingdom. It claims to have its offices spread across Australia, Germany, Switzerland, and the UK. The company charges a fee of 0.82% per transaction. It was found that My Coin Elite is not registered with any legitimate authority across the globe.
How Safe is To Trade Via My Coin Elite?
Unfortunately, My Coin Elite does not deliver what it promises. It facilitates CFDs rather than cryptocurrency exchange. Moreover, access to its website has been blocked. The company has been blacklisted by the FCA on account of reports registered against it for cheating and seizing the money of its traders illegally. Hence, it is not a good proposition to continue trade with it in any form.
What if You Have Been Duped by My Coin Elite?
The consultation services provided by us on how to avoid falling prey to any fraudulent activity and subsequent course of action can be very helpful to you. Additionally, you can also avail of the services of funds recovery companies listed with us to recover your money from My Coin Elite.