Is Mygoldmoney a Scam or Not? [Review 2020]

Is Mygoldmoney a Scam or Not? [Review 2020]

We stated this in the introduction. Mygoldmoney is one of the pioneers of web trading, starting operations in 2007 with an innovative approach to the financial markets even back then. The fundamental idea of the broker is to make online trading as popular as possible so that the greatest possible number of people – professionals and private individuals alike – can trade assets under excellent economic and security conditions. This has been expressed through the development of various computer tools and software to de-opacify this specific universe.

Mygoldmoney Best Review and Tutorial

Mygoldmoney is on all fronts of innovation making online trading more accessible. The online broker quickly realized that smartphones and other tablets would change our relationship to software, including trading. That’s why the broker was one of the first to develop a mobile application that is the most accurate copy of the PC (or MAC) version possible.

From a simple query interface with limited functionality, the Mygoldmoney mobile platform is currently a gem of technology for embedded trading. It includes absolutely all the options and features of the traditional web-based version in a completely Responsive Design version. All screen sizes are used to their full potential without any inconvenience or lack of ergonomics. The performance is outstanding as Mygoldmoney has made sure to work with the Market Makers interface specialists (full real-time copy of financial market data) so that every trader can manage their asset portfolio as if they were on their web client account at all times. Open, close positions, request a withdrawal, view a news feed, react to his social feed or deposit additional funds, all these actions are possible from the Mygoldmoney mobile app.

money, profit, finance

Is Mygoldmoney a Scam?

The professionalism that Mygoldmoney has built up over its many years in the field. Because Mygoldmoney is not part of the wave of brokers that have emerged in recent years. With nearly 10 years of experience, it has been able to take advantage of the experience accumulated over the years to establish itself as one of the leaders in trading. Mygoldmoney is now present in many countries, and everywhere it is said to be the best. This good reputation is due to its seriousness and professionalism.

The first one is exclusively reserved for trading. It allows you to invest directly on the market in real time, without having to install a program beforehand. To access this Mygoldmoney trading area, simply open an account with a minimum deposit of €200. If you’re not ready to make a deposit, Mygoldmoney offers you the opportunity to try a demo account, topped up with a €10,000 deposit in advance. This allows you to try your hand at trading without the risk of incurring real money losses. This way, after simply registering on the Mygoldmoney broker’s Webtrader, you will be able to access the trading market as well as Mygoldmoney’s various services and features.

  • The Mygoldmoney broker is regulated and secure, in fact, it operates under a license from the Cyprus Securities and Exchange Commission (SYCEC) license 109/210,
  • The Mygoldmoney platform works without downloading, and does not require any software,
  • you can access the Mygoldmoney platform from your tablet or smartphone,
  • Various financial assets are offered by this platform to traders, it also allows trading of crypto-money such as Bit coin Cash, Bitcoin, Dash, Ripple, Litecoin and many other virtual currencies,
  • The Mygoldmoney platform is used in many countries,
  • The Mygoldmoney platform is a powerful, convenient and easily accessible platform,
  • This broker provides you with several tools as well as analysis charts to allow traders to know the evolution of prices and to forecast trends in financial assets.
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It is a tool that we believe should be mandatory for all brokers. Mygoldmoney strives to provide its traders with the best possible results. Stop Loss, which goes hand in hand with Take Profit, is a tool to control the open positions in one’s portfolio. It allows you to set up when a position will automatically close if it reaches a critical level that the trader feels is too damaging. There is no need to keep an eye on the screen to decide when to limit losses. Mygoldmoney does it for you.

Mygoldmoney Pros and Cons

The strong argument that makes the difference to other brokers. Mygoldmoney is the pioneer of social trading and still sets the trend for others. The Copy Portfolio is a tool integrated into the user account that allows each trader to access other traders’ publication threads to automatically apply their strategies. It is an internal social network that offers the opportunity to exchange and deepen one’s knowledge in a simple way. All social data is gathered in one place for intuitive and reactive management.

Mygoldmoney demonstrates how far ahead it is in many ways of all its web trading competitors. The social trading dimension and the performance of the financial instruments available are in themselves an expression of remarkable excellence. Mygoldmoney is likely to become the preferred broker for traders in 2020.

Forum about Mygoldmoney – Conclusion – Scam

The Mygoldmoney platform is one of the most popular online brokers. Launched in 2007, the online brokerage now has more than 11 million active members in over 150 countries. You don’t need to be a seasoned trader to invest on Mygoldmoney. The site offers a copy trading tool that allows beginners to invest their money, inspired by the best. The principle of copy trading is simple to understand. It is in fact simply a matter of adopting the same investment strategies as the best traders. When they make money, you make money too!

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These questions are designed to determine your level of trading experience and assess your financial capabilities. For example, you will be asked about your trading experience, or the investments you wish to make on Mygoldmoney. This is not an indiscretion on Mygoldmoney’s part, but simply a way of limiting risk. At the end of the questionnaire, a maximum deposit cap is calculated based on your personal situation.

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