✔️ Information reviewed and updated in March 2024 by Pedro Martínez González

Comments on Cointrade

 

➡️ In this section we will analyze Cointrade (also called by the name: cointrade.cc), is a broker of Forex and CFDs. Is Cointrade really recommended for making 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. ✅

Now, you can find the following: opinions about Cointrade ✅, claims, complaints 😡, experiences 📝, analysis 📊 of the most important characteristics of this company (updated 2022), and the most important: Is Cointrade ⚠️ a safe site? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.


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️️ Essential information: Who does it belong to? Where is located? Is it a regulated broker?

Cointrade mentions being part of: Twingle Consulting LTD.

❌ Regarding your location, the company is based in Dominica according to the website, but there's no valid information to corroborate this, we believe that it is a false information.

❌ If we analyze your fullfilment of security requirements, we observe that Cointrade it does not have any type of regulation.

ATTENTION: Cointrade is a broker NOT REGULATED. ⚠

📌 Remember: the best option (and the safest) are the regulated brokers, since they must meet very strict requirements. Working with an unregulated broker is very risky. 📌

 

 

Account types | Investment platform

 

Now we will go on to analyze the types of account it offers Cointrade, in this case, we did not find information that indicates the existence of different types of account.

Now we go on to analyze the types of account it offers Cointrade, in this case, we observe that it offers 3 different types of plans. We will leave you an image with more information about each type of account.

Starter Plan: minimum initial deposit $250, account management, spread of 1.0.

Premium plan: minimum initial deposit $2500, account administration, spread of 0.5.

Business Plan: minimum initial deposit $25000, expert handling, spreads of 0.5.

Cointrade account types
Cointrade account types

At Lóleo Eventos, next picture You will be able to have more information about the types of account. Click here to see the image in full size.

La platform to operate that Cointrade offers is: Web trader.

 

Resources | Website

 

Here we will examine the different resources and aids for the trader that Cointrade provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.

Cointrade website
Cointrade website

Cointrade provides the following aids or resources to traders or interested parties: a brief explanation about the services it offers, basic concepts of the world of trading, not much more.

 

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Another insights about Cointrade

 

???? We will leave you something more than insights in case you want to contact the company, or see its website for yourself. ????

🌏 Website: cointrade.cc

📞 Telephone number: does not have

📧 Email: [email protected]

Maybe you wonder why we reviewed Cointrade. We make this review and assessment, because we receive different messages and comments asking for the reliability of the company in question. We like to think that our reviews page help investors, providing key information about the company, we disclose information that every investor should know before you are inclined or not, by investing with a company of investment.

You're a representative of this company? We recommend you leave a comment responding to customer concerns.

 

Valuation on Cointrade

Ending with this section, in our opinion: Do we believe that the Cointrade company is reliable? Should you invest your money with the company? Are they a recommended company? ⭐ Analysis of 2022 ⭐

After you have examined it, we recommend be cautious, since it is a illegal company, clearly stated for taking money from people through deception and cheating. It is very little transparent, Well, it hardly offers legal information, do not show data about your registration and further lacks regulation (unregulated company). ❌


(I.e. A pocas palabras: It doesn't seem like a good idea, we suggest using caution. (I.e.

ATTENTION!: in December 2021 CONSOB added to Cointrade to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

➡️ Link to CONSOB's December 2021 warning ⚠️

ATTENTION!: in February 2022 CNMV added to Cointrade to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

➡️ Link to the CNMV February 2022 warning

ATTENTION!: in February 2022 FMA (Austria) added to Cointrade to your list fraudulent financial companies, for acting without authorization. WE SUGGEST EXTREME CAUTION

➡️ Link to FMA February 2022 warning ⚠️

ATTENTION!: in July 2022 BAFIN added to Cointrade to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔

➡️ Link to BAFIN's ⚠️ July 2022 Warning


Our advice: we always recommend working only with duly 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? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?

 

 

📌 Don't forget: one of the few measures that assure customers' money is the broker regulationIn other words, it is probably the most important feature of any broker; HAVE GOOD REGULATION. Good regulation means that there is a authority to which, in case of misunderstandings or problems, customers can file a complaint. 📌

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, too leave a comment on our website with your experience with this broker.

 

🔻🔻 We leave a vote open so that traders, clients and broker users can vote. 🔻🔻 

 

[democracy id = ”2559 ″]

 

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

24 comments on «Cointrade: rating and comments»

  1. Patricio Hernan Velasco Reply

    Good evening, please, I need to enter the broker, I am waiting for a response about my request.

    • Recommended-brokers.com Reply

      Hello Patricio, they invent everything to steal more money from you, don't believe them and don't pay anything because you will lose it. Thank you for your comment about Cointrade. This broker is considered a SCAM. We suggest NOT sending money, they lie to steal from you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.

      If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.

      To recover your money talk to our CHAT or click on this link: CLAIM YOUR MONEY

      regards

  2. Michael Mendoza Reply

    I bought cryptocurrencies (ELB) in their application but when I want to withdraw my money, they demand that I pay 974 usd for taxes, otherwise they will not give me my earnings and they will impose a fine of 5000 usd.

    • Recommended-brokers.com Reply

      Hello Michael, they make everything up to steal more money from you, don't believe them and don't pay anything because you will lose it. Thank you for your comment about Cointrade. This broker is considered a SCAM. We suggest NOT sending money, they lie to rob you, the operations are fictitious, the money is never crossed with the market, they simulate it and in the end they mark you and say that you lost everything and they keep it.

      If when you request a withdrawal, they ask you for more money to pay commissions, taxes, fees, legalizations, etc. Never do it! It is a clear warning that you are a client of a fraud broker and even if you pay, they will never return your money.

      All the information you provide about the company will help those affected by this broker, explain in detail how everything happened, what advertising you saw, the name of your advisor, numbers, emails from which you have been contacted, etc.

      To recover your money talk to our CHAT or click on this link: CLAIM YOUR MONEY

      regards

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