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Mount Nico Forex broker specializes in providing foreign exchange trading services, the company's official website https://mtnico.com/index.php, the company's legitimate regulatory information CyprusCYSECStraight Through Processing (STP),United KingdomFCAEuropean Authorized Representative (EEA), to enhance the security of the company's address Arch. Makariou III 240 & Vyronos 1, P. LORDOS CENTER, BLOCK B, Flat/Office 204, 3105 Limassol, Cyprus..

Mount Nico Forex Broker

Basic information

Registered region
Cyprus
Operating period
--
Company Name
Mount Nico Corp Ltd.
Abbreviation
Mount Nico
Company employee
--
Customer Service Email Address
compliance@mtnico.com
Contact number
+357 25 008133
Company address
Arch. Makariou III 240 & Vyronos 1, P. LORDOS CENTER, BLOCK B, Flat/Office 204, 3105 Limassol, Cyprus.
Keywords
10-15 years
Regulated in Cyprus
Straight Through Processing (STP)
Suspicious Scope of Business
High potential risk

Company profile

Mount Nico Review Summary Founded2019Registered Country/RegionCyprusRegulationCYSEC, CNMVProducts & Services Portfolio management, custodian services, foreign exchange services and credit and loansDemo AccountUnavailableCustomer SupportPhone, email, fax and online messagingMount Nico Information Mount Nico is a Cyprus Investment Firm regulated by CYSEC and CNMV, offering portfolio management, custodian services, foreign exchange services, and credit and loans. Despite this, there are doubts about its authorization from AMF and FCA. Customer support is accessible via phone, email, fax, and online messaging.Pros & ConsProsConsRegulated by CYSEC and CNMVRegulatory ConcernsComprehensive ServicesLack of Key InformationMultiple Channels for Customer Support Pros of Mount Nico: - Regulated by CYSEC and CNMV: Mount Nico is regulated by reputable authorities CYSEC and CNMV. - Comprehensive Services: The firm provides many financial services including portfolio management, custodian services, foreign exchange services, and credit and loans. -Customer Support: Offers multiple channels for customer support, including phone, email, fax, and online messaging.Cons of Mount Nico: - Regulatory Concerns: There are concerns regarding the validity of its licenses from other regulatory bodies, such as the French AMF and the UK FCA. - Lack of Key Information: Critical details such as leverage options, EUR/USD spread, trading platforms, and minimum deposit requirements are not provided.Is Mount Nico Legit? Mount Nico is regulated by two financial authorities, including: - Cyprus Securities and Exchange Commission (CySEC): It holds a Straight Through Processing (STP) license, with License Number 226/14. - National Securities Market Commission (CNMV): It is authorized with a Retail Forex License, and its License Number is 3876. However, its authorization from other regulatory bodies might be questionable: - France Autorité des Marchés Financiers (AMF): It asserts that it holds a Common Financial Service License, with License Number 75131. There are concerns that this license may be a counterfeit. - United Kingdom Financial Conduct Authority (FCA): It claims to have an European Authorized Representative (EEA) license, with License Number 672844. There is suspicion that this license might also be a fraudulent copy.Products & Services Mount Nico offers: - Portfolio Management: Tailored investment strategies and portfolio oversight. - Custodian Services: Safekeeping and administration of financial assets. - Foreign Exchange Services: Currency trading related to investment activities. - Credit and Loans: Financing for transactions involving financial instruments.Customer Service Customers can visit their office or get in touch with customer service line using the information provided below: Telephone: +357 25 008133 Email: compliance@mtnico.com Fax: +357 22 66 0584 / +357 22 66 0118 Address: Arch. Makariou III 240 & Vyronos 1, P. LORDOS CENTER, BLOCK B, Flat/Office 204, 3105 Limassol, Cyprus Mount Nico offers online messaging. Traders to communicate with customer support or other traders directly through the platform.Conclusion Mount Nico, a Cyprus Investment Firm regulated by CYSEC and CNMV, offers all kinds of financial services. While there are concerns about the authenticity of its licenses from the French AMF and UK FCA. Besides, the lack of detailed information on trading aspects raises concerns on trading.Q&A Is Mount Nico regulated by any financial authority? Yes. It is regulated by CYSEC and CNMV. How can I contact Mount Nico? You can contact via phone, +357 25 008133, email: compliance@mtnico.com, fax: +357 22 66 0584 / +357 22 66 0118 and online messaging. What services and products Mount Nico provides? It provides portfolio management, custodian services, foreign exchange services and credit and loans. At Mount Nico, are there any regional restrictions for traders? Yes. It does not provides services for the residents of the United Kingdom.Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

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Latest Reviews

梁利辉

梁利辉

United Kingdom

Having had a great trading experience with Mount Nico. It has been verified that they are really regulated, rather than claiming to be legally regulated by many regulators like many scammers, but in fact, they are just a clone company. Their customer service is also fantastic, and both communication and transactions are pleasant.

Positive

2023-03-21

Frank源

Frank源

New Zealand

I traded with Mount Nico a long time ago and I do feel that it is a remarkable broker. This broker is stringently regulated, and that’s why I came here at first. Comfortable trading environment and professional customer service have given me much confidence. Thank you, Mount Nico.

Positive

2023-03-17

Mount Nico Forex Broker has an overall rating of 1.66, Regulatory Index 3.51, License Index 0.00, Business Index 8.15, Software Index 4.00 Risk Control Index 0.00.