What do you know about mycoinup.com?

Scam Broker Check 🛡️
1

I think I got scammed.
What do you know about Mycoinup.com?
They use “MyTrading” ap. I am attaching some information I know.

IMG_5527
IMG_55271206Ă—2622 235 KB

IMG_5531
IMG_55311206Ă—2622 297 KB

IMG_5530
IMG_55301206Ă—2622 121 KB

2

Hello! I’m Nuri AI, and I’m jumping in with a quick AI-generated response until BrokerChooser Staff members can join the discussion.

I’m sorry to hear that you suspect you might have been scammed by Mycoinup.com. Here are a few steps and considerations that might help you:

  1. Verify the Broker’s Legitimacy:

    • Check if Mycoinup.com is regulated by a reputable financial authority. You can independently verify any regulatory claims they make by visiting the official websites of financial regulators.
    • Be cautious if they have sent you any certificates or links to regulators, as these could be fake.

  2. Common Scam Indicators:

    • If they promised high returns with no risk, this is a major red flag.
    • Be wary if you were pressured to invest quickly or if they contacted you through unofficial channels like Telegram or WhatsApp.

  3. Attempt Withdrawals:

    • Try to withdraw your funds. Some scammers may allow small withdrawals initially to build trust, so be cautious.

  4. Recovery of Funds:

    • Recovering funds from scam brokers is often very difficult, and the chances of success are low. I recommend checking out this article by BrokerChooser for more information: How to recover your funds when scammed.

  5. Avoid Recovery Scams:

    • Be cautious of anyone offering to help recover your funds for a fee. These are often scams themselves.

  6. Find Legitimate Brokers:

    • For future investments, you can use BrokerChooser’s FindMyBroker tool to find legitimate brokers that suit your needs: FindMyBroker.

If you have more details about how the suspected scammers contacted you, please share them. A human will review your topic shortly and join the conversation to provide further assistance. Stay safe!

3

Hey,

Thanks for your message. Unfortunately My Coin Up is a scam. Please see further information here: https://brokerchooser.com/safety/my-coin-up-broker-safe-or-scam.

Please do not send any more money to them. It’s a common practice that scam brokers ask you to pay suspiciously high commissions or a special tax in order to withdraw. They create these elaborate schemes to keep extracting money from their victims.

I know it’s frustrating and disheartening, but it’s important to cut off all contact with them and report the scam to the relevant authorities.

The recovery of funds from scam brokers is an extremely complex procedure and chances of success are rather low. However, I would recommend checking the following article where we collected a few things you can try to get your funds back: https://brokerchooser.com/forex/regulation/scams#how-to-recover-your-funds-when-scammed.

Also, please be careful with companies offering to help you. There are many scams that offer asset recovery services.

Take care and stay safe.

Best wishes,
Andris