Brokers  /  Mycoinology

Mycoinology

Moderate risk
🇬🇧 United Kingdom · 5-10 years · since 2020-11-18 · Mycoinology
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.53/10
Trustpilot/5
Forex Peace Army/5
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No sign that Mycoinology actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
48
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameMycoinology
Headquarters🇬🇧 United Kingdom
Founded2020-11-18
Years operating5-10 years
Employees0
Official websitemycoinology.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Mycoinology is a UK-registered company with no regulatory licences and limited public information. The guarded risk score of 48/100 reflects the potential dangers of engaging with an unverified firm. Traders should avoid depositing funds until the broker demonstrates clear regulation and transparent operations.

0
Period:

Real user reviews

Where Mycoinology operates

Active across 1 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇮🇱 Israel

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About Mycoinology

Overview

Mycoinology is a company registered in the United Kingdom, established on 18 November 2020. The firm operates the website mycoinology.com. As of this review, publicly available information about the company’s services is scarce, and no independent user reviews have been found.

Given the limited data, traders should approach this entity with caution. The lack of verifiable operational history and client feedback makes it difficult to assess its reliability or service quality.

Company Profile

According to official UK company records, Mycoinology was incorporated in England and Wales. The company’s registration number and registered address are part of public filings, but the specific nature of its business activities is not clearly defined in the records available.

Our research found no press releases, partnerships, or notable industry presence beyond the basic registration. This lack of transparency is a common concern when evaluating new or lesser-known firms in the financial sector.

Regulatory Status

Mycoinology does not hold any known financial regulatory licence from any major authority. No listing appears on the registers of the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), or other prominent regulators.

Operating without regulation means that clients have no access to investor compensation schemes, dispute resolution services, or official oversight. This absence is a significant risk factor for traders who require a regulated environment for their investments.

Risk Assessment

FXCanary’s Scam Risk Score for Mycoinology stands at 48 out of 100, placing it in the 'Guarded' category. This score reflects the caution warranted by the lack of regulation, limited public information, and the absence of user feedback.

While a moderate score does not conclusively indicate fraudulent activity, it does suggest that traders should exercise due diligence before committing any funds. The lack of independent verification means that any claims made by the company should be treated with scepticism.

Conclusion

Mycoinology presents as a UK-registered entity with an unclear business model and no regulatory oversight. The available facts are insufficient to form a comprehensive picture of its operations or trustworthiness.

Traders and investors are advised to prioritise fully regulated brokers with a proven track record. Until Mycoinology provides transparent information and obtains regulatory authorisation, it remains a high-risk option for any financial activity.

Overview compiled by FXCanary from regulatory records and public data. full Mycoinology review