The Manchester-based platform was founded in January 2023 and has been authorised by the FCA since June 2024.
The firm remains authorised and subject to the FCAs rules and supervisory oversight.
The platform ceased to trade last week having considered the financial position of the firm and having received insolvency advice.
Simon Farr and Tom Bowes of FRP Advisory Trading Limited have been appointed as joint liquidators. The FCA said they are working closely with the liquidators.
Customers of the platform should already have received communications advising them to withdraw or transfer their funds to a new provider.
Clients who did not transfer their accounts before 15 May 2025 will now be supported by Seccl which will provide product and custodian services. Seccl will communicate with these clients to support them in transferring their accounts to another platform provider.
The FCA warned clients of My Nest Egg to remain alert to the possibility of fraud. The regulator advised consumers to contact the joint liquidators directly should they get an unexpected call from someone claiming to be from the platform or the liquidators.