Mined Academy has been flagged by Comisión para el Mercado Financiero (Financial Market Commission) for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After for about three months with Mined Academy I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Fast deposits|Multi-device support|Responsive team|Wide product range
Cons: Currency conversion fee exists
I experienced a security concern with my Mined Academy account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Multiple order types|Clean UI
Cons: Mobile app could be improved|Could offer more webinars
For anyone considering Mined Academy, please be aware that this company has been flagged by Comisión para el Mercado Financiero (Financial.... This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
Several red flags with Mined Academy: (1) They promise unrealistically high returns, (2) They're not registered with Comisión para el Mercado Financiero (Financial..., (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly