Coincall foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://client.coincall.co/en-US/Account/Register, about the company's legal and temporary regulatory information, the company's address .
Coincall is a centralized cryptocurrency exchange and broker that was established in 2023. The company operates under the name Vaneda Partners Ltd. and is registered in Saint Vincent and the Grenadines. Coincall is a privately held entity, focusing primarily on providing trading services for cryptocurrency options, futures, and spot trading.
The platform caters to a diverse clientele, including both retail and institutional traders, and aims to simplify the trading experience for individuals interested in cryptocurrency derivatives. The team behind Coincall consists of experienced professionals from reputable financial institutions such as JP Morgan, Binance, and OKX, bringing over nine years of collective experience in the crypto industry.
Since its inception, Coincall has achieved significant milestones, including rapid user growth and substantial trading volumes. The exchange has positioned itself as a user-friendly platform, with a strong emphasis on educational resources to empower novice traders. The business model of Coincall revolves around offering retail forex, cryptocurrency options, and futures trading services, making it a versatile choice for various trading strategies.
Coincall operates without valid regulation, which raises concerns about the safety and security of user funds. The broker is not overseen by any recognized financial authority, and there are no regulatory licenses associated with its operations. This lack of oversight is a significant drawback for potential users.
The company does not disclose any specific regulatory numbers or jurisdictional compliance, which further complicates its credibility in the market. Coincall has implemented basic Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, but the absence of a robust regulatory framework means that the effectiveness of these measures is questionable.
Customer funds are reportedly held in third-party custody with custodians like Copper and Cobo, enhancing security by not directly holding user assets on the platform. However, without a participating investor compensation scheme, users are at risk of losing their funds in the event of operational issues or insolvency.
Coincall offers a diverse range of trading products, including over 70 cryptocurrency pairs for spot trading and options trading for major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). The platform provides various trading types, such as options, perpetual futures, and non-liquidation futures, catering to both novice and experienced traders.
The exchange allows users to engage in altcoin options trading, a unique feature that sets it apart from many competitors. The availability of multiple trading instruments enables users to diversify their portfolios and capitalize on various market movements.
Coincall continuously updates its product offerings, with plans to expand the range of supported cryptocurrencies and trading pairs. The platform also provides retail trading services, making it accessible to individual traders looking to enter the cryptocurrency market.
Coincall utilizes a proprietary web-based trading platform designed for both beginners and advanced traders. The platform does not support MetaTrader 4 or 5 but offers its own user-friendly interface that caters to various trading styles.
Users can access the platform from any internet-enabled device, including mobile applications for both iOS and Android. The platform features real-time charts, an order book, and various order types, allowing traders to execute their strategies effectively.
Coincall operates on a market-making execution model, which may impact the pricing and spread of trades. The platform is equipped with advanced technology infrastructure to ensure efficient trade execution and order management.
Additionally, Coincall offers API access for automated trading, appealing to algorithmic traders and those looking to integrate their own trading strategies into the platform.
Coincall offers multiple account types, including a standard account with a minimum deposit requirement of $250. The platform implements a competitive fee structure, with trading fees varying based on the type of trading product used.
For options trading, the fees are structured as follows:
The platform does not charge fees for spot trading, making it an attractive option for traders looking to minimize costs.
Coincall provides leverage options, allowing traders to control larger positions with a smaller amount of capital. The minimum trading size and overnight fees are also clearly outlined, ensuring transparency in trading conditions.
Coincall supports various deposit methods, including bank transfers, credit cards, and cryptocurrencies. The minimum deposit requirement varies by account type, with the standard account requiring a minimum of $250.
Deposits are processed quickly, allowing traders to start trading promptly. However, the platform does not support fiat currency withdrawals, which may limit options for users looking to convert their cryptocurrency profits into traditional currency.
Withdrawal processing times are generally swift, but fees may apply depending on the method used. The fee structure for withdrawals is transparent, with specific details available on the platform.
Coincall offers customer support through various channels, including email and a dedicated help center. The support team is available 24/7, ensuring that traders can receive assistance whenever needed. However, the absence of live chat support may be a limitation for some users.
The platform provides a range of educational resources through the Coincall Academy, offering tutorials, webinars, and market analysis to help traders improve their skills. This educational focus is beneficial for both beginner and advanced traders, enhancing their understanding of trading strategies and market dynamics.
Coincall primarily serves a global market, but it does have restrictions in place for certain countries. Notably, residents of the United States, Canada, and several other regions are not permitted to open accounts due to regulatory concerns.
The platform aims to expand its reach while ensuring compliance with local laws and regulations. Users are encouraged to check the specific availability of services in their respective regions before registering.
In conclusion, Coincall presents itself as a versatile trading platform focused on cryptocurrency options and futures trading. However, potential users should exercise caution due to the lack of regulation and transparency in certain areas.
DTF
Colombia
SCAM. They call every day and show on a fake platform that they are growing your money then try to get you to buy a large sum of money and stop talking to you. When you want to get money out they go missing...
37130
2023-03-10