Search

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 Forex Broker

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
--
Company Name
Vaneda Partners LTD.
Abbreviation
Coincall
Company employee
--
Customer Service Email Address
support@coincall.co
Company Website
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Risk Warning Note: Coincalls official site - https://coincall.co is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. General Information Coincall Review Summary Registered Country/Region Saint Vincent and the Grenadines Regulation No regulation Market Instruments Currency pairs, CFDs on commodities, indices, stocks gold, silver, natural gas, oil and crypto coins. Demo Account Unavailable Leverage 1:200 EUR/ USD Spreads 0.8 pips (Micro account) Trading Platforms Web-based trading platform Minimum Deposit $250 (Micro account)$5,000 (Bronze account)$25,000 (Platinum account)$50,000 (Gold account) Customer Support Email What is Coincall? Coincall is an offshore forex and CFD broker with a focus on the crypto market. The platform presents itself as a platform that enables users to engage in trading activities and potentially generate profits. However, it is important to approach platforms like Coincall with caution, as there have been reports and concerns raised regarding its legitimacy and functionalities. These concerns include discrepancies between the advertised features on the website and the actual capabilities of the platform, as well as no regulation condition. The lack of clear information regarding regulatory compliance raises questions about the platform's adherence to industry standards and safeguards for user protection. In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance. Pros & Cons Pros Cons • A range of trading instruments • Website unavailable • Multiple accounts types • MT4 unavailable • Tight spreads • Not regulated • High minimum deposit Coincall Alternative Brokers There are many alternative brokers to Coincall depending on the specific needs and preferences of the trader. Some popular options include: Z.com Trade- It offers competitive pricing, a user-friendly interface, and a strong regulatory framework, making it a recommended choice for traders seeking a reputable broker with a focus on the Asian market. AETOS - A global forex and CFD broker providing competitive trading services and advanced trading platforms to traders worldwide. TeraFX - A reputable forex broker that offers a diverse range of trading solutions, backed by advanced trading tools and exceptional customer support. Is Coincall Safe or Scam? Coincall currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. Besides, the official website of Coincall is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky. If you are considering investing with Coincall, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected. Market Instruments Coincall offers a variety of trading instruments across different asset classes, including lots of currency pairs, CFDs on commodities, indices, stocks gold, silver, natural gas, oil and crypto coins. Currency Pairs: Coincall provides a variety of currency pairs for forex trading. This includes major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs. CFDs: Trade on the price movements of stocks, indices, commodities, and other assets without owning them. Cryptocurrencies: Trade popular digital currencies like Bitcoin, Ethereum, Ripple, and more. Accounts Coincall offers four live account types including Micro account, Bronze account, Platinum account and Gold account with the minimum deposit requirement of $250, $5,000, $25,000 and $50,000 respectively. Micro Account: The Micro account is designed for beginners or those who want to start with a smaller investment. Traders with a Micro account can access basic trading features and instruments offered by Coincall. Bronze Account: The Bronze account is a step up from the Micro account and is suitable for traders who have gained some experience and want more advanced features. Traders with a Bronze account may have access to additional trading tools, educational resources, and potentially a wider range of trading instruments. Platinum Account: The Platinum account is geared towards more experienced traders who are looking for enhanced trading capabilities and benefits. Traders with a Platinum account may enjoy features such as personalized customer support, priority access to new features, and exclusive market analysis. Gold Account: The Gold account is the highest-tier account offered by Coincall. It caters to professional or high-net-worth traders who require advanced trading tools and personalized services. Gold account holders may have access to VIP benefits, personalized trading strategies, and premium features to support their trading activities. Leverage Coincall offers a maximum leverage of 1:200 for their trading accounts. Leverage is a key feature in trading that allows traders to control a larger position in the market with a relatively smaller amount of capital. In the case of Coincall, a leverage ratio of 1:200 means that for every $1 of your own capital, you can potentially control up to $200 in trading exposure. Leverage can be seen as a double-edged sword. While it can amplify potential profits, it also increases the risk of potential losses. Higher leverage allows traders to participate in larger market movements and potentially generate higher returns. However, it's important to note that leverage also magnifies the impact of price fluctuations, which means that losses can accumulate quickly. Spreads & Commissions Coincall offers the spread at 0.8 pips for the Micro account. Spreads refer to the difference between the bid and ask price of a trading instrument. They represent the cost of executing a trade and can impact the overall profitability of a trade. A lower spread indicates a smaller difference between the bid and ask price, which can be advantageous for traders as it reduces the cost of entering and exiting positions. Besides, due to the unavailable website, there is no access to find out its commission. Below is a comparison table about spreads and commissions charged by different brokers: Broker EUR/USD Spread Commission Coincall 0.8 pips (Micro account) N/A Z.com Trade 0.2 pips None AETOS 1.2 pips None TeraFX 0.6 pips None Note: The information presented in this table may be subject to change and it is always recommended to check with the broker's official website for the latest information on spreads and commissions. Trading Platforms Coincall offers web-based trading platform for its clients. The platform is designed to cater to the needs of both beginner and experienced traders, offering a range of features and tools to enhance the trading experience. The web-based trading platform offered by Coincall is accessible directly through a web browser, eliminating the need to download or install any software. This allows traders to access their accounts and trade from anywhere with an internet connection. However, CoinCalls web-based trading platform lacks many features, standard with platforms like the MetaTrader4. For example, the CoinCall platform does not have the option to run automated trading sessions – something that you can quite easily do with a MetaTrader4, using specially designed customizable trading bots. See the trading platform comparison table below: Broker Trading Platform Coincall Web-based trading platform Z.com Trade Z.com Trader Web AETOS MT4 TeraFX MT4 Deposits & Withdrawals Coincall accepts deposits and withdrawals via the standard Visa, MasterCard, wire transfer, as well as Bitcoin, OK Pay and flexepin. Visa and MasterCard This offers a widely accepted and familiar payment method for users who prefer using their cards for financial transactions. Deposits made through these card options are typically processed quickly, enabling traders to start trading promptly. Wire Transfer Wire transfers allow traders to transfer funds from their bank account to their Coincall account. While this method may take a bit longer for the funds to reach the trading account, it provides a secure and reliable means of depositing larger amounts. Bitcoin Bitcoin, a popular cryptocurrency, can be used to deposit funds. This option appeals to traders who prefer the convenience and advantages of using cryptocurrencies for transactions. OK Pay OK Pay offers users a simple and accessible way to deposit funds into their trading account. The availability of OK Pay adds flexibility and convenience, particularly for traders who are accustomed to utilizing this payment solution. Flexepin Furthermore, Coincall accepts deposits through Flexepin, a prepaid voucher system that allows users to conveniently deposit funds using a voucher's unique code. This option offers a straightforward and secure way to deposit money into a trading account, without the need for a bank account or credit card. Coincall minimum deposit vs other brokers Coincall Most other Minimum Deposit $250 $100 Customer Service Customers can visit their office or get in touch with customer service line using the information provided below: Email: support@coincall.co Pros Cons N/A Only email provided No live chat support No multilingual support Limited communication channels No address revealed Note: These pros and cons are subjective and may vary depending on the individual's experience with Coincall's customer service. Conclusion In conclusion, Coincall is a trading platform that offers a range of services to its clients. The platform provides access to various financial markets, allowing traders to diversify their portfolios and capitalize on different trading opportunities. However, Coincall has many problems. First, it doesn‘t have regulation. Second, it is because the official website of Coincall is inaccessible that the relevant information doesn’t be provided, which makes trade not transparent enough. Therefore, traders should verify the regulatory status of Coincallor any broker they choose to work with to ensure compliance with industry standards and regulatory requirements. Frequently Asked Questions (FAQs) Q 1: Is Coincall regulated? A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: How can I contact the customer support team at Coincall? A 2: You can contact via email: support@coincall.co. Q 3: Does Coincall offer demo accounts? A 3: No. Q 4: Does Coincall offer the industry leading MT4 & MT5? A 4: No. Instead, it offers web-based trading platform. Q 5: What is the minimum deposit for Coincall? A 5: The minimum initial deposit to open an account is $250. Q 6: Is Coincall a good broker for beginners? A 6: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

Rating Index

How to login to Coincall?
Coincall Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Coincall Account Registering for a Coincall account is a straightforward process that allows you to access the platform's cryptocurrency trading features. Foll

  

Coincall Forex Broker - Complete Information Guide

  

1. Broker Overview

  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.

  

2. Regulatory and Compliance Information

  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.

  

3. Trading Products and Services

  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.

  

4. Trading Platform and Technology

  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.

  

5. Account Types and Trading Conditions

  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:

  • Maker Fee: 0.02% for altcoins, 0.03% for BTC and ETH.
  • Taker Fee: 0.06% for altcoins, 0.08% for BTC and ETH.

  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.

  

6. Funding Management

  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.

  

7. Customer Support and Educational Resources

  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.

  

8. Regional Coverage and Restrictions

  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.

Coincall Similar Brokers

Unverified
Standard
No license plate
1.54
Score
ICL
ICL Forex Broker - Complete Information Guide   1. Broker Overview   ICL Markets
1.54
Score
 IMF
IMF Forex Broker - Complete Information Guide   1. Overview of the Broker   IMF
1.54
Score
IFA
IFA Forex Broker - Complete Information Guide   1. Broker Overview   IFA Brokers
1.54
Score
Northstar
Northstar Forex Broker - Complete Information Guide   1. Broker Overview   North
1.54
Score
IFC
IFC Forex Broker - Complete Information Guide   1. Broker Overview   IFC Markets
1.54
Score
Unverified
BX
No license plate
1.55
Score
Mercado
Mercado Forex Broker - Complete Information Guide   1. Broker Overview   Mercado
1.55
Score
BRC
BRC Forex Broker - Complete Information Guide   1. Broker Overview   BRC Broker,
1.54
Score
Unverified
GSG
No license plate
1.54
Score
1.60
Score
Revoked
SkyTreasure
No license plate
1.60
Score
Revoked
CES CAPITAL
1.60
Score
Revoked
FXGLK
No license plate
1.60
Score
Unverified
WALDORF
No license plate
1.60
Score
Revoked
LT Securities
No license plate
1.60
Score
Unverified
KK
No license plate
1.60
Score
Unverified
FCC Global
No license plate
1.60
Score
FVL
1.60
Score
Revoked
DUHFX
No license plate
1.60
Score
Rolin
Rolin Forex Broker - Complete Information Guide   1. Broker Overview   Rolin Int
1.60
Score
Revoked
Koderan Forex
1.60
Score
COCUS
Cocus Forex Broker - Complete Information Guide   1. Company Overview   Cocus AG
1.60
Score
Revoked
CITYWEALTH
No license plate
1.60
Score
Unverified
Deltarstoc
No license plate
1.60
Score
Unverified
CGF
No license plate
1.60
Score
Unverified
Everbright Securities
Everbright Securities Broker - Complete Information Guide   1. Company Overview
1.60
Score
1.60
Score

Latest Reviews

DTF

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

Coincall Forex Broker has an overall rating of 1.54, Regulatory Index 0.00, License Index 0.00, Business Index 7.24, Software Index 4.00 Risk Control Index 0.00.