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CoinsBank Forex Broker keeps up-to-date with the latest trading account information, including ELITE, GOLD, SILVER, BLUE maximum leverage of --, trading varieties, and more

Rating Index

Pros

Offers a variety of payment methods, including fiat currencies and cryptocurrencies.
Provides mobile apps for trading, enhancing accessibility for users.
Includes a debit card service linked to client accounts for convenient transactions.

Cons

Operates as an unregulated exchange registered offshore, raising concerns about security and legitimacy.
Charges flat trading fees that are above the industry average, which may deter cost-sensitive traders.
Limited cryptocurrency offerings, only allowing trades in Bitcoin and Litecoin, which restricts diversification options for users.

CoinsBank broker Accounts

ELITE

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$ 150000
Minimum Spread
0.1
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

GOLD

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$ 50000
Minimum Spread
0.1
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

SILVER

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$ 20000
Minimum Spread
0.2
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

BLUE

Environment
--
Currency
--
Maximum Leverage
--
SupportedEA
Minimum Deposit
$ 5000
Minimum Spread
0.4
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

CoinsBank Account Type

CoinsBank offers four types of trading accounts designed to cater to different levels of investment. The account types are as follows:

  • Blue Account:
    • Minimum Deposit: $5,000
    • Minimum Spread: 0.4 pips
    • Features: Access to basic trading features, higher spreads for lower deposits.
    • Silver Account:
      • Minimum Deposit: $20,000
      • Minimum Spread: 0.2 pips
      • Features: Enhanced trading conditions compared to the Blue account.
      • Gold Account:
        • Minimum Deposit: $50,000
        • Minimum Spread: 0.1 pips
        • Features: Lower spreads and better trading conditions.
        • Elite Account:
          • Minimum Deposit: $150,000
          • Minimum Spread: 0.1 pips
          • Features: Best trading conditions and lowest spreads available.

          Each account type requires a significantly higher initial deposit compared to industry standards, which may present a barrier for new investors.

          CoinsBank Broker Account Opening Process

          To open an account with CoinsBank, follow these steps:

          • Visit the Website: Go to the official CoinsBank website.
          • Sign Up: Click on the “Sign Up” tab located at the top right corner of the page.
          • Enter Information: Provide your phone number and create a password.
          • Verification: After receiving a confirmation code via SMS, enter it to verify your account.
          • Complete Profile: Fill out the required personal information to complete your account setup.
          • Deposit Funds: Once your account is created, fund it using various methods such as bank transfer, credit card, or cryptocurrency transfer.
          • The entire process is designed to be user-friendly and typically takes only a few minutes to complete.

CoinsBank accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $ 150000 by (2+) --.
CoinsBank Account