MyCopy Stocks Company Review
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Review
Fast Facts
Contact Info and Support
Traffic information
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About MyCopy Stocks Company
MyCopy Stocks Company, operating via mycopystockltd.com, does not hold any licence from recognised financial regulators such as the National Futures Association (NFA) in the United States, the Financial Conduct Authority (FCA) in the UK, ASIC in Australia, or CySEC in Europe (). The domain was registered on August 3, 2024, and is associated with a low trust score and potentially fraudulent activity according to independent analysis ().
The company offers a trading evaluation program where participants must pay for a “Trading Challenge” to qualify for a funded proprietary trading account, with profit splits up to 80%, maximum funding up to USD 2,000,000, and leverage of 1:100 (). The broker allows various trading strategies during the evaluation and funded stages but explicitly prohibits practices such as grid trading, martingale, arbitrage, hedging across accounts, and use of delayed data feeds (). Fees for the challenge are non-refundable should the trader fail the evaluation or lodge a dispute via chargeback ().
Who it’s for
- Experienced forex or proprietary trading candidates willing to pay a fee for a funded account evaluation
- Traders comfortable with non‑refundable financial commitments and accepting high strategy restrictions
- Individuals able to navigate potentially high-risk and unregulated trading environments
Pros and cons
Pros
- Profit splits up to 80% for successful traders
- High maximum funding potential up to USD 2,000,000
- Leverage of up to 1:100 offered during evaluation and funded stages
Cons
- Completely unregulated with no oversight or legal recourse
- Trading Challenge fee is non-refundable, even in case of disputes
- Domain flagged with very low trust score, sharing server with suspicious sites
If conflict arises between company claims and regulatory requirements, priority is given to regulators; in this case, absence of any regulatory licence confirms lack of legitimacy.
