• Lily Chen
  • 13.04.2023

Why is it beneficial to work with Mysteel UK Limited?

 

  • Getting to know Mysteel UK Limited
  • History
  • Mysteel UK Limited and its offerings
  • Services
  • Customer support
  • Broker registration
  • Is it possible to trade Forex?
  • Conclusions
  • FAQ

As Forex does not have an official website, trading must be done through an intermediary. Mysteel UK Limited can assist with this. The review will provide information about the broker's activities and its features.

Getting to know Mysteel UK Limited

Mysteel UK Limited positions itself as a reliable service provider. The company's main office is located in London. It has been operating in the Forex market since 2020 with an annual turnover of around $25 billion. It enjoys popularity among clients, as evidenced by the number of open accounts and reviews.

The broker offers favorable conditions, operates transparently without hidden fees or commissions. There is a mobile version of the website and a mobile application. Access to deposits is available 24/7. The registration process is straightforward. A demo account is provided for traders, which is free and suitable for practicing specific strategies and skills. The company provides consultations on taxation, informs about risks, and assists in building a financial portfolio.

The range of tools offered is quite extensive, including statistics, reviews, calculators, and charts. Education is available to every trader.

History

The service has been operating since 2018, starting as a small company with a few currency pairs. However, the official founding date of Mysteel UK Limited is considered to be January 28, 2020.

Mysteel UK Limited and its offerings

The broker Mysteel UK Limited cares about its clients and offers a system of rewards and bonuses. Traders can expect compensation if the bank where client funds are held ceases operations. A special account is available for practice, accessible to all registered users and valid for one month.

Novices can take courses on the basics of trading, and there is also other advanced training for more experienced traders. The blog contains numerous articles about Forex trading.

The broker provides a small reward, determined by the tariff. The minimum deposit size at Mysteel UK Limited also depends on this criterion. There is a responsive customer support service.

Services

The company has a user-friendly website and its mobile version. It is functional and not overloaded with details. The design is stylish but minimalist. All active buttons are highlighted compared to others. Here, traders can study charts, reviews, and undergo training. All videos, webinars, and articles are free.

Traders can practice on a demo account using the broker's financial instruments. Company employees also regularly update their knowledge by participating in various trainings and seminars to improve their qualifications. The following terminals are available for download on the website:

  • MetaTrader 4;
  • MetaTrader 5;
  • WebTerminal.

They have the necessary indicators for trading.

Customer Support

Mysteel UK Limited has one of the best customer support services. It operates promptly and is available in multiple languages. With its help, users can resolve questions and even make important decisions, minimizing potential risks. Assistance can be requested through the website chat, email, phone, and even social media. The customer support service operates 24/7 and usually responds within half an hour.

Broker Registration

The main office of the company is located in the UK, where the registration took place. It is among the largest brokers with over 1000 clients. The company's activities are regulated by the FCA (Financial Conduct Authority) and also by the EFSA (Estonian Financial Supervision Authority). Clients' funds are kept in separate accounts. Additionally, Mysteel UK Limited has authorization from the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC).

Can I trade Forex?

Mysteel UK Limited provides all the necessary tools for trading on the stock exchange, including Forex. It offers low commissions and a wide variety of instruments. There is also free training and many other perks. Here's what else you can expect:

  • Competent customer support that responds within 30 minutes;
  • Instant execution of trades;
  • Assistance in creating a financial portfolio;
  • Consultation on taxation;
  • Convenient methods for depositing/withdrawing funds.

Trading permissions at Mysteel UK Limited are divided into asset classes and countries.

Conclusions:

Mysteel UK Limited operates without interruptions and weekends. There are various tariff options, stocks, bonuses, and compensation systems. The minimum deposit amount depends on the type of account. Clients are provided with free access to educational materials. The legality of the company's activities is confirmed by licenses and permits.

 

FAQ:

  • Question: What is the minimum deposit amount?
  • Answer: The minimum deposit amount is $10.
  • Question: What types of orders does the brand provide?
  • Answer: The company provides the following types of permissions: market order, limit order, stop-limit order, and stop-market orders: stop-loss and take-profit.
  • Kevin Campbell 2023-06-16

    Mysteel UK Limited has a support website in Chinese and the broker's connection is relatively stable, so I don't need to hang agency software. Transaction speeds are relatively high, the slippage phenomenon is relatively low, and the spread is floating. It supports short-term transactions and cooperation with the rebate platform is more reliable. The customer service is impeccable!

  • Christopher Rogers 2023-06-10

    I chose Mysteel UK Limited broker because of their absolutely user friendly and easy user interface and support. I highly recommend this broker to everyone who is new to trading! I have spoken to many - most of the reviews and recommendations are honest. BROKER, what can I say? No problems, after over 2 years with them - all queries resolved and sorted, first class broker and I certainly recommend Mysteel UK Limited.

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