Mount 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 & Cons
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.
