In this section we will analyze the broker CoinsFM (also called coinsfm.com), is a Cryptocurrency and CFD broker. Is CoinsFM really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You may be wondering why we review CoinsFM. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
It should be noted that the CoinsFM website does not have a Spanish version, we have also received messages from Spanish-speaking clients.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: TM Capitals Limited and Bristolord Ltd.
As to its location, the broker mentions being based in: Bulgaria and Dominica.
If we analyze the regulation of the broker: they do not mention anything about being a regulated company, which makes us think that it is an unregulated broker.
If now we go on to analyze account types offered by CoinsFM, we noticed that they offer 4 different types of account / plans: Basic Account, Silver Account, Gold Account and VIP Account. We leave an image with a little information about each type of account.
Basic account- $ 250 minimum initial deposit, 50% bonus, platform demo.
Silver Account- $ 10.000 minimum initial deposit, 75% bonus, technical education.
Gold Account: minimum initial deposit of $ 25.000, 100% bonus, technical and fundamental education.
VIP account: minimum initial deposit of $ 100.000, 150% bonus, technical and fundamental education.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that CoinsFM offers are: CoinsFM's own platform.
We will now analyze the different resources and aids for the trader that CoinsFM provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
CoinsFM provides the following help or resources to traders or interested parties: explanation of some basic concepts of the world of trading, FAQ section, really not much more than this.
The Crypto Genius and CoinsFM
According to messages from CoinsFM clients, the broker uses fraudulent ads like the one in the image, where they mention some things like you can get $ 5900 a day. The website is a-crypto-genius.com/es/
| Other information about CoinsFM |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: + 3726682630
Email address: [email protected]
>>> Assessment on CoinsFM <<
Ending with this section, in our opinion Do we believe that the CoinsFM company is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is based in unsafe countries (Bulgaria, Dominica), when looking for other reviews about CoinsFM we mostly find negative reviews. We suggest using caution.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.