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Pros

Responsive customer service with positive testimonials highlighting efficiency and support.
Offers a combination of finance and accounting services, making it a convenient one-stop shop for clients.
Clients report a personalized approach, focusing on finding the best solutions for individual financial needs.

Cons

Lacks valid regulatory information, raising concerns about the safety and legitimacy of their services.
High potential risk associated with trading through an unregulated broker.
Mixed reviews suggest a lack of transparency regarding their business practices and fee structures.

MYFIN broker Accounts

Myfin Account Type

Myfin offers various types of accounts tailored to different trading needs and preferences. The primary account types include:

  • Debit Card Account: This account allows users to manage their funds easily and provides a debit card for transactions. It requires a passport and proof of address for setup.
  • EUR Account: This account is suited for those who wish to transact in Euros. However, it comes with a monthly fee of 6 EUR.
  • Myfin Account: An online account that can be opened without residency, making it accessible for foreigners. It requires a minimum transfer of 20 lev to activate.
  • Myfin Broker Account Opening Process

    Opening a broker account with Myfin involves several straightforward steps:

    • Initial Setup:
      • Visit the Myfin website or app.
      • Choose the type of account you wish to open (e.g., Debit Card Account, EUR Account).
      • Documentation:
        • Prepare necessary documents such as your passport and proof of address.
        • If opening a Myfin account, ensure you have a friend transfer 20 lev to your Myfin IBAN for activation.
        • Account Activation:
          • Complete the registration process by submitting your documents.
          • For the Debit Card Account, you will receive your debit card for transactions.
          • Fees:
            • Be aware of the monthly fee for the EUR account (6 EUR) and ensure that you understand any additional charges that may apply.
            • Accessing Funds:
              • Once your account is activated, you can manage your funds and make transactions as needed.

MYFIN accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
MYFIN Account