In this section we will analyze CotexMarkets (also called by the name: cotextmarkets.com), is a broker of Forex , Cryptocurrencies y CFDs. Is CotexMarkets 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. ✅
➡️ In this section you can find the following: opinions about CotexMarkets ✅, claims, complaints 😡, experiences 📝, analysis 📊 of the most important characteristics of this company (updated 2021), and the most important: Is CotexMarkets ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
❌ CotexMarkets mentions being part of: Henyep Capital Markets (UK) Limited, cotextmarkets Ltd, cotextmarkets (Europe) Ltd and Henyep Capital Markets (DIFC) Limited (nonexistent)
❌ Regarding your location, the company is based in the UK, Cayman Islands, Cyprus and UAE according to the website, but there is no valid information to corroborate this, we believe that it is a false information.
❌ If we analyze your fullfilment of security requirements, we note that CotexMarkets mentions FCA, CIMA, CySEC and FSA regulations, but this is completely false, CotexMarkets it does not have any type of regulation.
⚠ ATTENTION: CotexMarkets is a broker NOT REGULATED. ⚠
📌 RememberRegulated brokers are the best (and safest) option, as they must meet very strict requirements. Working with an unregulated broker is very risky. 📌
Account types | Investment platform
Now we go on to analyze the types of account it offers CotexMarkets, in this case, we observe that it offers 4 different types of account. We will leave you an image with more information about each type of account.
Bronze Account: minimum initial deposit $ 300, support, duration 7 days.
Silver Account: minimum initial deposit $ 2.000, support, duration 7 days.
Gold Account: minimum initial deposit $ 30.000, support, duration 7 days.
Platinum Account: minimum initial deposit $ 70.000, support, duration 7 days.
In the following image you can have more information about the types of account. Click here to see the image in full size.
La platform to operate that CotexMarkets offers is: own platform.
Resources | Website
Here we will examine the different resources and aids for the trader that CotexMarkets 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.
CotexMarkets provides the following aids or resources to traders or interested parties: just an explanation about the services it offers, not much more really.
🌐 Other information about CotexMarkets 🌐
???? Some more information in case you want to contact the company, or see its website for yourself. ????
🌏 Website: cotextmarkets.com
📞 Telephone number: + 15187492436
📧 Email: [email protected]
You might be wondering why we review CotexMarkets. 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. We like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before deciding or not to invest with an investment company.
Are you a representative of this company? We recommend you leave a comment responding to customer concerns.
➡️ Rating on CotexMarkets ⬅️
Ending with this section, in our opinion Do we believe that the company CotexMarkets is trustworthy? Should you invest your money with the company? Are they a recommended company? ⭐2021 analysis ⭐
❌ After examining it, we advise you to exercise caution, as it is an illegal company, clearly established to take money from people through deception and cheating. It is very non-transparent, since it offers almost no legal information, tries to impersonate a regulated broker, but does not show real data about its registration and also, contrary to what they want to believe, it lacks any type of regulation (non-regulated company ). ❌
(I.e. A pocas palabras: It doesn't seem like a good idea, we suggest using caution. 📛
⛔ Attention ⛔ : in September 2021 FCA added CotexMarkets to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
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 clients' money is the regulation of the broker, that is, it is probably the most important characteristic of any broker; HAVE GOOD REGULATION. 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, also 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. 🔻🔻