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Review on Mind-Money.eu

Broker Overview mind-money.eu
reviews and comments
We recommend that you carefully familiarize yourself with any investment companies and take your time making decisions. All materials of this review are collected from open sources and the company's website, solely for informational purposes and rating purposes. This review is not a guarantee, recommendation, or call for any action. If you are interested in investing in a particular financial institution, contact your lawyer or investment advisor.

Contact information

Website: mind-money.eu
Phone: +357 25 030992
E-mail: info@mind-money.eu

About company Mind Money

Mind-Money.eu (ex. Zerich Securities Ltd) — a modern European broker. Provides services to clients from 25 countries. On July 23, 2009, they established a company in accordance with the legislation of the Republic of Cyprus under the registration number HE 252803.


In 2021, new shareholders and a team joined the company and rebranded, a new website, a new name and a new license from the regulator. At the same time, it is worth noting that the previous company name, address and license are the same. Even their e-mail is shared and still works.


License of Cyprus
Reg. № 252803 CySEC CIF 115/10

Available tools

financial instruments

Mind-money.eu

Stocks

Bonds

Futures

Option

ETF

ADR and GDR

IPO and Pre-IPO

Forex trading

Cryptotrading

Loyal conditions, professional management, and here I would note not only the managers working with clients,
but also the traders themselves-managers, analysts and other employees.
This is exactly the kind of organization that I can say "Professionals!" about. I was lucky that I found out about the existence of Mind Money last year. We managed to get out of bad assets, and instead of a loss, earn more than 20% of the capital.
hole
comment 10.04.2023
Any advantage?
Aristotelis Stasinopoulos Stasinopoulos
comment 23.06.2024

Tariffs and fees

Smart

Exchange-traded shares, bonds, etc.:
minimum per application is 1$/1€ + 0.01$/€ per share

US stock options $1/€ per transaction + $1/€ per contract

Futures and options 1.20$/€

The margin rate is 14% per year

IPO 3.5% of the transaction amount, 0.65% of the transaction amount

OTC. stocks, bonds, ETFs 0.15% per transaction, clearing 45 €/$

Safekeeping is free of charge
FOP is free

Delivery of securities of a non-trading order $60
Withdrawal of funds by bank transfer 15 $/€
The commission for the transfer of securities from the account is $ 100
The commission for transferring money from the account is $ 15
Expert

Exchange-traded stocks, bonds, etc.:
1% of the transaction value (minimum $ 1 per transaction)

US stock options 10% of the value (minimum $1)

Futures 1% and options 10%, contract execution fee 1 $/€

The margin rate is 14% per year

IPO 3.5% of the transaction amount, 0.65% of the transaction amount

OTC. stocks, bonds, ETFs 0.30% per transaction, clearing 45 $/€

Safekeeping is free of charge
FOP is free

Delivery of securities of a non-trading order of $60
Withdrawal of funds by bank transfer 15 $/€
The commission for the transfer of securities from the account is $ 100
The commission for transferring money from the account is $ 15

Office and license

Mind-Мoney.eu reviews

There are a lot of reviews on the Internet for Mind-money.eu . Basically, they are interested in its difference from other brokers, available withdrawal methods or the ability to resolve the issue of frozen assets. Our review on Mind-Money would not be complete if we did not also indicate negative reviews of the broker. Unfortunately, most of them can be designated as created by bots or competitors, since they write about the lack of a license (which is there), about problems with withdrawing funds (which at the present time may be, due to transfer restrictions, after the events of 2022), or about some fraudulent schemes like forex, virtual prices and exchange rates, etc. We do not consider this to be true information for the reason that the company has a license, has been operating for quite a long time and if it had committed any illegal operations and frauds, most likely the license would have already been revoked, and criminal cases would have been initiated against the company. The European Union is seriously monitoring the financial sector, and Cyprus, where the company is registered and has a CySEC license, has been a member of the European Union since 2004.

It is difficult to find reviews of real Mind Money customers on various response sites, since no one confirms their "clientliness" by specifying the contract number when the account was opened or closed, and often under some fictitious nicknames. In addition, some of the reviews on Mind Money frankly look suspicious. Even reviews with a positive character, due to a large and detailed response, in almost literary language, seem to be some kind of reviews of classics, rather than a review of real living people. We did not take such Mind Money reviews into account in our review.

Reviews and review sites generally look fraudulent because they try to impose legal aid services from other companies. After analyzing and comparing the texts, we came to the conclusion that a lot of such sites contain the same texts and content, which indicates more about the purpose of spamming the Internet than independently evaluating the broker's work or helping users.

Our review of the broker Mind-Money.eu It is for informational purposes, for compiling an independent rating of services in the financial sector.

Mind-Мoney.eu IPO and Pre-IPO

The Mind Money broker offers access to various investments before entering the market. For example, the site has information about the upcoming IPO of Elon Musk's telecommunications company Starlink or the Discord voice messenger.

The minimum amount to invest in each pre-IPO is $10,000. We find this a positive advantage of the broker, since previously only large funds and qualified specialized financial organizations could get access to pre-IPOs. If you want to participate in the pre-IPO, it should be noted that this is a long-term investment, you need to wait for the official release of the company to the IPO and after the end of the blocking period, the opportunity to sell the purchased shares will open. These investments are suitable for professional investors who are ready to wait 1-2 years and believe in the success of these companies.

Instruments, exchanges, portfolio management and strategies Mind-Money.eu

The broker himself declares that he opens access to 1,000,000+ financial instruments for trading: more than 35,000 shares of promising companies, ADR and GDR, 167,000 bonds, options, futures contracts, 3,500 ETFs and others. In addition, the broker has the opportunity to purchase any assets on the over-the-counter market, available only to qualified investors.

Such a wide range of available tools allows you to create your own large investment portfolios.

If the investor does not want to independently select assets for his investment portfolio, the Mind Money broker suggests entrusting the management of his portfolio to the company's specialists - trust management of the investment portfolio In the Mind-money license on the CySEC website, this service is signed as Portfolio management.

The procedure is as follows:

  1. First you need to open an account.
  2. Apply for portfolio management.
  3. Wait for the manager's call to coordinate the investment strategy, clarify all the details.
  4. Sign the investment strategy and terms of portfolio management.
  5. Top up your account.
  6. Further, all operations will be performed by the portfolio manager.

On the website Mind-money.eu Up to 5 investment strategies for trust management are offered:

Investment in natural gas

An exclusive nice product that covers all areas relating to the US natural gas market.

Commodity calendar futures spreads
A portfolio of commodities arbitrage strategies traded on the Chicago Mercantile Exchange in the USA.

Investment in China
Investments in shares of Chinese and Asian companies through the Hong Kong Stock Exchange. Diversify your portfolio by investing in Asia's economic leaders.

Depositary receipts ADR and GDR
Investments in depositary receipts of foreign companies located all over the world. The opportunity to buy ADR and GDR of any company in more than 25 countries.

Savings strategies
Investments in blue chips and government bonds. Strategies aimed at investing in risk-free assets.

As can be seen from the wide range of available tools and strategies, the broker Mind-Money.eu It has access to almost all exchanges, stocks and funds for investment, both in the USA and the European Union, as well as for China and the Pacific region.

Conclusion

Positive qualities:
CySEC License
A wide range of available investment instruments
Access to the markets of the USA, Europe, Asia
A long history of work since 2009
Fully transparent tariffs and commissions
Multilingual trading platform
Customer account insurance
Remote registration and account opening

Negative qualities:
Problems with bots and competitors
Main office in Cyprus
High minimum threshold for investments
Accounts in currencies (USD, EUR, etc.)

On the one hand, the broker MindMoney.eu It shows great access to investment instruments (investments in the USA, Europe or China), on the other hand, the minimum threshold for investment is quite high, although every investor knows that to get a million, you need to invest at least 2, and preferably 10. In addition, shares and assets of European and American companies are traded in the currencies of the respective economic zones, so the currency issue is also added. This is both a negative quality and a positive one, since in addition to investing in the growth of the nominal value of company shares, an increase in the currency difference is also possible, which increases initial investments.

The company already has a long history in the investment market, a valid license from the regulator and a large customer base transferred from Zerich Securities Ltd, all of the above qualities Mind-money.eu they talk about a reliable and interesting broker for investment, with transparent policies and tariffs.
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