mycovertime.com (Clone of FCA authorised firm) has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services|Regist...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The so-called education at mycovertime.com (Clone of FCA authorised firm) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for about five months thinking they would help me learn.
Pros: Reliable uptime|Market news feed
Cons: Live chat only during business hours|Minimum deposit could be lower
I invested $15,000 with mycovertime.com (Clone of FCA authorised firm) after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Conduct Authority.
Pros: Professional looking website
Cons: Blocked my account|No legitimate license|Fake returns
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. mycovertime.com (Clone of FCA authorised firm) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Clean UI|Fast support response|Low minimum deposit|Clear documentation
Cons: Currency conversion fee exists|Desktop app not available on Linux
mycovertime.com (Clone of FCA authorised firm) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Good analytical tools|High security standards|Low minimum deposit|Intuitive for beginners
Cons: Limited cryptocurrency options
Do not be fooled by the professional-looking website. Behind the scenes, mycovertime.com (Clone of FCA authorised firm) is disorganized and incompetent. I found them from a review site like this one and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Easy withdrawals|Two-factor authentication|Automated trading options
Cons: Limited ETF selection
I gave mycovertime.com (Clone of FCA authorised firm) a fair chance. After since I opened my account last year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Fast deposits|Regular updates|Portfolio tracking tools|Clear documentation
Cons: Live chat only during business hours
I have been trying to close my account with mycovertime.com (Clone of FCA authorised firm) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Automated trading options|Economic calendar|Dedicated account manager
Cons: Some tools only available on higher tiers|Limited ETF selection
The onboarding at mycovertime.com (Clone of FCA authorised firm) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Reliable uptime|Quick verification
Cons: Wish they had more educational resources
If you are reading this considering mycovertime.com (Clone of FCA authorised firm) - run. I wish I had read more negative reviews after doing extensive research. I thought the positive ones were real. Maybe some are. My experience over for just over a year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Multi-currency support|Portfolio tracking tools|High security standards|Personal attention
Cons: Slow to add new assets
I looked into mycovertime.com (Clone of FCA authorised firm) and found they appear in the regulatory warnings database. Financial Conduct Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status