Search

For more information about Coincall Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Influence E

License

No license

Coincall Company

  

Coincall Company Overview

  

Founding Date and Background

  Coincall is a cryptocurrency broker and exchange that emerged in the financial landscape focusing on providing trading opportunities in various financial instruments, including options, futures, and spot trading. Although the exact founding date is unclear, the information suggests that Coincall has been operational for approximately 5 to 10 years. The company presents itself as a platform designed to make complex trading instruments more accessible to a wider audience.

  

Parent Company/Ownership Structure

  Coincall operates under the ownership of Vaneda Partners Ltd., a company registered in Saint Vincent and the Grenadines. However, details regarding the ownership structure and the individuals behind the company remain vague, raising concerns about transparency.

  

Headquarters Location

  The headquarters of Coincall is located in Saint Vincent and the Grenadines. This offshore jurisdiction is often associated with less stringent regulatory oversight, which can be a red flag for potential investors.

  

Global Business Scope

  Coincall aims to cater to a global audience, offering a variety of trading instruments across different asset classes, including cryptocurrencies, forex, commodities, and indices. However, the lack of a functional official website and minimal accessible information limits the visibility of its global operations.

  

Main Regulatory Bodies

  Currently, Coincall operates without valid regulatory oversight, as it has not been registered with any recognized financial authority. This absence of regulation poses significant risks to investors, as there are no established safeguards to ensure compliance with industry standards.

  Back to top

  

Company History and Development

  

Key Milestones

  Coincall has not publicly disclosed significant milestones in its operational history. However, its emergence as a player in the cryptocurrency trading space suggests a response to the growing demand for accessible trading platforms.

  

Business Expansion Journey

  The company has positioned itself to cater to both individual and institutional traders, offering various account types and trading options. Despite this, the lack of transparency in its business practices raises questions about its expansion strategy.

  

Customer Base Growth

  While specific figures regarding customer base growth are not available, the increasing interest in cryptocurrency trading could imply a potential rise in Coincall's clientele. However, concerns regarding its legitimacy may hinder sustained growth.

  

Platform Development History

  Coincall offers a web-based trading platform designed to facilitate trading in various financial instruments. However, the platform lacks advanced features commonly found in industry-standard platforms such as MetaTrader 4, which may limit its appeal to more experienced traders.

  

Important Awards or Recognitions Received

  There is currently no information available regarding any awards or recognitions received by Coincall, further highlighting the company's lack of visibility within the industry.

  Back to top

  

Trading Services Offered

  

Forex Trading Options

  Coincall provides a selection of currency pairs for forex trading, although specific numbers are not disclosed. The platform allows traders to engage in trading activities involving major, minor, and exotic currency pairs.

  

Stock Trading Options

  There is limited information available regarding stock trading options on Coincall. The primary focus appears to be on cryptocurrency and forex trading.

  

CFD Trading Products

  Coincall offers Contracts for Difference (CFDs) on various assets, including commodities, indices, and cryptocurrencies. This enables traders to speculate on price movements without owning the underlying assets.

  

Other Financial Instruments

  In addition to forex and CFD trading, Coincall provides access to cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. The platform aims to simplify the trading of these digital assets for users.

  

Special Services or Unique Advantages

  Coincall promotes itself as a user-friendly platform that strives to make sophisticated trading instruments accessible to all traders. However, the lack of regulation and transparency in operations undermines these claims.

  Back to top

  

Regulatory and Legal Background

  

Detailed Regulatory Information

  Coincall does not have any valid regulatory licenses, which raises significant concerns regarding its operational legitimacy. The absence of oversight from recognized regulatory bodies means that traders have little protection against potential fraud or malpractice.

  

  The legal entity behind Coincall, Vaneda Partners Ltd., is registered in Saint Vincent and the Grenadines. This offshore registration allows the company to operate without stringent regulatory requirements, which can be a concern for investors.

  

Client Fund Protection Measures

  Due to the lack of regulation, there are no established client fund protection measures in place. This means that investors may be at risk of losing their funds without compensation in the event of any financial misconduct.

  

Countries/Regions Served

  Coincall aims to serve a global market, but the lack of regulatory oversight limits its credibility in various jurisdictions. Potential clients should exercise caution when considering trading with an unregulated broker.

  

Compliance History

  There is no available information regarding Coincall's compliance history, further highlighting the lack of transparency surrounding its operations.

  Back to top

  

Competitive Landscape

  

3-5 Main Competitors

  Coincall faces competition from various well-regulated brokers and exchanges in the cryptocurrency and forex markets. Some of its main competitors include:

  • Z.com Trade - Known for its competitive pricing and strong regulatory framework.
  • Aetos - Offers a wide range of trading services and advanced platforms.
  • Tera FX - Provides reputable trading solutions with exceptional customer support.
  •   

    Positioning in the Industry

      Coincall positions itself as a user-friendly platform targeting both novice and experienced traders. However, its lack of regulation and transparency may hinder its ability to compete effectively against established players in the market.

      

    Market Differentiation Factors

      While Coincall claims to simplify trading for users, its unregulated status and operational opacity are significant drawbacks. Competitors often provide better security, regulatory compliance, and customer support, making them more attractive options for potential traders.

      Back to top

      

    Conclusion

      In conclusion, Coincall operates as a cryptocurrency broker and exchange with a focus on providing accessible trading opportunities. However, its lack of regulation, transparency, and functional customer support raises significant concerns for potential investors. Traders are strongly advised to conduct thorough research and consider the risks associated with engaging with unregulated platforms. For safer trading experiences, it is recommended to choose well-regulated brokers that adhere to industry standards.

      Back to top