✔️ Information reviewed and updated in April 2024 by Eduardo López
⭐ Opinions and information about the Cointrade broker ⭐
¿Is the Cointrade broker (also known as cointrade.cc) really trustworthy? ✅ Is it safe for you to invest your money with this company? ❎ Is Cointrade reliable? ❎ In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help us with information about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to give the company a score according to their experience with it. 
Let's start with the analysis:
✔️ What is Cointrade? Cointrade is a broker of: Forex and CFDs.
✔️ The broker mentions be part of: Twingle Consulting LTD.
✔️ Where is it based? Cointrade is based in: Dominica.
✔️Is it a regulated broker? If we talk about regulation, the broker Cointrade does not mention being regulated.
❌ Actual location of company offices? We don't know yet, we appreciate someone (brave) giving us this information.
❌ Names of the actual owners? Still unknown, we appreciate any information.
We will continue to analyze the different account types that Cointrade offers. In the case of Cointrade we note that it has 3 types of account: Beginner Account, Premium Account and Business Account.
🔹 Beginner Account- $ 2.500 minimum deposit, 1: 100 or 1: 150 leverage, account advisor, Spread from 0,5 pip.
🔹 General Plan- $ 2.500 minimum deposit, 1: 100 or 1: 150 leverage, 0,5 pip spread, account advisor.
🔹 Business Plan- Minimum deposit of $ 25.000, Leverage of 1: 100 or 1: 500, Spread from 0,5 pip, Expert in Trade, Commission of $ 157micro lot.
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🔸 The platform used to operate is: WebTrader.
🔸 Now, yes, we will analyze the different resources and aids that the company provides to traders on its website: we see some explanations of the products that Cointrade offers, explanation of basic concepts of the world of investments, really not much more.
Cointrade Features
What we like the most
- Modern investment platform.
- Low initial deposit.
What we like least
- Unregulated company.
- Little transparent company.
- Bad reputation | Many complaints.
- Very unsafe location.
- You will probably have problems withdrawing your money.
- In general, a very unsafe company.
More information about the company
🔸 Phone number: does not have.
🔸 E-mail: [email protected] | [email protected] |
[email protected]
🔸 Website: cointrade.cc
🔸 Bonuses, promotions, offers: It offers the Welcome Bonus of 10% - 20% (for beginners), the Referral Bonus 15% - 20% (for each friend you invite), and the Funding Bonus of 15% - 30% transfer (if you transfer your funds from another company)
🔸 Clarification: If you think that our review is not correct, or you have a different opinion about this company, we invite you to leave a comment in this section - rating with your opinion.
⭐ Cointrade Valuation ⭐
☑️ With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️. We do not recommend it.
☑️ Why? Is a broker no regulation and further is located in a very dangerous country for these activities (Dominica), on the other hand, when looking for information and other evaluations about Cointrade find a lot of negative reviews and complaints, overall negative feedback.
(I.e. Is Cointrade safe? How reliable is Cointrade? ❎ We consider it to be an unsafe, unreliable company and we do not recommend it. ❎ Why? For the reasons mentioned above. Here you can read comments about Cointrade.
❗ December 2021 update: CONSOB, Italian financial regulator, has reported Cointrade due to fraudulent activities.
🚫 Link to the warning 🚫 on the official CONSOB website.
❗ February 2022 update: CNMV, Spanish financial regulator, has reported Cointrade due to fraudulent activities.
🚫 Link to the warning 🚫 on the official website of the CNMV.
❗ February 2022 update: FMA, Austrian financial regulator, has reported Cointrade due to fraudulent activities.
🚫 Link to the warning 🚫 on the official website of FMA.
❗ August 2022 update: BAFIN, Germany's financial regulator, has reported Cointrade due to fraudulent activities.
🚫 Link to the warning 🚫 on the official BAFIN website.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
Are you part of Cointrade? Are you a representative or worker of the company? Write to us at >> use this form <<
