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

In this section we will tell you if we consider that the company Coinztrades is a safe company or an untrustworthy company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about Coinztrades and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitecoinztrades.com
🏠 CompanyCoinztrades LIMITED (no registration information)
RegulatoryNot regulated
📧 Email[email protected]
📈 PlataformOwn platform
📌 AddressPrologis House, Llantrisant Road, St Fagans (fake)
🕑 Website ageWebsite registered on: June 19, 2023
Company typeCryptocurrency Broker

Company: Coinztrades mentions being part of Coinztrades LIMITED.

Location: Coinztrades mentions being located in the United Kingdom, however this is false information.

We can already tell you that we are concerned about several characteristics of this company.

What is Coinztrades?

After having carried out an analysis of the company's website, we can say that Coinztrades is a Cryptocurrency broker.

Account types

The platform offers 3 different accounts to carry out operations:

Information on the web

coinz trade website

Here we show you a screenshot of the Coinztrades website, which is coinztrades.com. The capture was made in APRIL 2024.

Contact: phone numbers and email

– We have not found phone numbers.

– We have found the following email: [email protected]

Coinztrades Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!

🚫 Coinztrades final valuation 🚫

After carefully evaluating the Coinztrades broker, a number of significant concerns arise that investors should take into account before considering any type of trading relationship with this platform.

One of the main reasons for alarm is the presence of fake licenses on the Coinztrades website. This deception calls into question the integrity and honesty of the company, raising serious questions about its reliability and credibility. Furthermore, the lack of transparency regarding the actual location of the company is a cause for additional concern. Although its website has been active since June 2023, the absence of clear information about the company's physical location generates distrust among investors.

It is especially concerning that Coinztrades is not regulated by any recognized financial authority. The lack of regulation means that investors do not have the necessary protections for their funds and financial operations, posing a significant risk to their financial security.

Furthermore, the fact that Coinztrades has been reported by the British regulatory authority FCA is extremely alarming. This complaint suggests that the company could be operating in an unauthorized or fraudulent manner, confirming the platform's lack of reliability and transparency.

Although it is promoted on its website as a platform that offers reliable trading tools and solutions to active and professional traders, the presence of fake licenses, lack of regulation and reporting by a regulatory authority raise serious questions about the honesty and the integrity of Coinztrades.

In conclusion, due to the numerous negative aspects and risks associated with Coinztrades, my recommendation is to avoid this platform and look for more reliable and regulated alternatives in the cryptocurrency market. The security and protection of investors' funds is of utmost importance, and unfortunately, Coinztrades does not offer the necessary guarantees to trade with confidence and peace of mind. It is essential that investors thoroughly research any broker before committing their funds and financial operations.

Updates

News about Coinztrades:

Date Update – news
March 2024Complaint against Coinztrades financial regulator FCA

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id=””]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Coinztrades.

At the end of the review you will find customer comments.


How to Claim Money Scammed by Coinztrades

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Coinztrades

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to Coinztrades?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report Coinztrades?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Coinztrades trustworthy?

No, Coinztrades is not trustworthy at all. With lack of registered location, fake addresses, lack of regulation, very negative rating, recurring problems with withdrawals of funds and reporting by the FCA, it is advisable to avoid this platform. Look for more transparent and secure options to protect your investment. Invest with extreme caution and choose platforms with proven financial integrity!

How to recover money from Coinztrades?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

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.

2 comments on «Coinztrades: OPINION AND COMMENTS – IS IT A SCAM?»

  1. Dylan Reply

    I have an acquaintance investing, but I don't want them to steal my money or scam me. Can you help me? Blessings.

    • Recommended-brokers.com Reply

      Hi Dylan, thanks for writing about Coinztrades. Currently this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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