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Coinmarketcap foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://account.coinmarketcapfx.com/register, about the company's legal and temporary regulatory information, the company's address .

Coinmarketcap Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Coinmarketcap Ltd
Abbreviation
Coinmarketcap
Company employee
--
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

NOTE: Coinmarketcaps official site - http://www.coinmarketcapfx.com/en/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Coinmarketcap Review Summary Registered Country/Region United Kingdom Regulation No Regulation Market Instruments Cryptocurrency Trading Platforms MetaTrader 5 Customer Support N/A What is Coinmarketcap? CoinMarketCap is a broker specializing in cryptocurrency trading. It provides services based on the MetaTrader5 platform. However, its official website is non-functional currently. So we can not find more effective information about it. Additionally, it operates without any regulation. Pros & Cons Pros Cons Reliable Trading Platform No Regulation Non-functional Official Website Limited Information Lack of Customer Support Pros: Reliable Trading Platform: They claim to use MetaTrader 5, a popular platform for experienced traders. Cons: No Regulation: This is a major concern. Without regulation, there's no guarantee of fair trading practices or protection for your funds. Non-functional Official Website: A non-functional website is unprofessional and makes it difficult to find reliable information. Limited Information: There's a lack of details about fees, account types, and customer support. Lack of Customer Support: There is no information about customer support, making it difficult to get in touch with Coinmarketcap. Is Coinmarketcap Safe or Scam? There is a high likelihood that Coinmarketcap is a scam. Several red flags, including the lack of regulation, a non-functional website, and limited information, suggest that the platform may not be legitimate. Market Instruments Coinmarketcap is a broker that specializes in cryptocurrency trading, offering a range of digital assets including Bitcoin, Ethereum, Litecoin, and many others. As a broker, Coinmarketcap provides a platform for users to buy, sell, and trade cryptocurrencies, allowing individuals to participate in the growing cryptocurrency market. Trading Platforms Coinmarketcap supports the popular MetaTrader5 trading platform. As a successor of the MT4, MT5 provides advanced technical analysis tools, automated trading functions (EA), and mobile applications, as well as a user-friendly interface, allowing traders to keep abreast of the latest market conditions. Conclusion In conclusion, Coinmarketcap is a cryptocurrency broker that offers trading services based on the MetaTrader 5 platform. However, several red flags, including the lack of regulation, a non-functional website, limited information, and the absence of customer support, make it difficult to assess its credibility. We strongly advise you to consider it with skepticism and choose alternative platforms with more transparent operations and regulatory oversight. Frequently Asked Questions (FAQs) Q: Is Coinmarketcap regulated? A: No, it operates without any regulation. Q: What trading platforms does Coinmarketcap support? A: Coinmarketcap supports the MetaTrader 5 trading platform. Q: How can I contact customer support at Coinmarketcap? A: There is no information available about customer support for Coinmarketcap, which may make it difficult for users to get in touch with the platform. Q: What can I trade on Coinmarketcap? A: Coinmarketcap supports cryptocurrency trading. Risk Warning 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 provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

How to login to Coinmarketcap?
CoinMarketCap Complete Account Guide: Registration, Account Opening, and Login Processes CoinMarketCap is a widely recognized platform for tracking cryptocurrency prices, market capitalization, and other essential data. This comprehensive guide will walk you through the processes of account registra

  

CoinMarketCap Forex Broker - Comprehensive Information Guide

  

1. Broker Overview

  CoinMarketCap, established in 2013, is a prominent cryptocurrency data aggregator based in the United States. Originally founded by Brandon Chez, it has grown to become one of the most widely recognized platforms for tracking cryptocurrency prices, market capitalization, and trading volumes. In 2020, CoinMarketCap was acquired by Binance, a leading cryptocurrency exchange, which has further solidified its position in the market.

  CoinMarketCap primarily serves retail investors and cryptocurrency enthusiasts by providing real-time data on thousands of cryptocurrencies. The platform allows users to monitor their portfolios, track price changes, and access market analysis, making it a valuable resource for both novice and experienced traders.

  Over the years, CoinMarketCap has reached several key milestones, including the launch of its mobile app, the introduction of educational resources for users, and the integration of various trading tools. The platform operates under the umbrella of Binance, which enhances its credibility and resource access.

  The business model of CoinMarketCap focuses on providing data aggregation services for cryptocurrencies, enabling users to make informed trading decisions based on comprehensive market analysis.

  CoinMarketCap broker is the first mention of our focus in this guide.

  

2. Regulatory and Compliance Information

  CoinMarketCap operates without a specific regulatory license as it primarily functions as a data aggregator rather than a trading platform. However, it has established partnerships with various exchanges and financial institutions, which may have their own regulatory frameworks.

  The platform is not directly regulated by any financial authority, which raises questions about the protection of user data and transactions. Users should be aware that while CoinMarketCap provides valuable information, it does not guarantee the safety of investments made through third-party exchanges listed on its site.

  Key regulatory aspects include:

  • KYC (Know Your Customer) and AML (Anti-Money Laundering) Compliance: Although CoinMarketCap does not engage in trading, it emphasizes the importance of compliance for the exchanges it lists. Users are encouraged to perform due diligence regarding the KYC and AML practices of these exchanges.
  • Customer Fund Protection: As a data aggregator, CoinMarketCap does not hold customer funds, thus it does not have a specific policy for fund protection. Users should ensure that they are using regulated exchanges for their transactions.
  • Investor Compensation Fund Participation: CoinMarketCap itself does not participate in any investor compensation schemes, as it does not operate as a broker or trading platform.

  This section marks the second mention of CoinMarketCap broker in our exploration.

  

3. Trading Products and Services

  CoinMarketCap provides a comprehensive overview of trading products available across various cryptocurrency exchanges. While it does not directly offer trading services, it lists a wide range of cryptocurrencies and their respective trading pairs.

  Key trading products include:

  • Cryptocurrency Pairs: CoinMarketCap tracks over 3,000 cryptocurrency pairs, including major currencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The platform provides real-time data on price changes and market capitalization for these assets.
  • CFD Products: While CoinMarketCap does not offer Contracts for Difference (CFDs) directly, it provides information on exchanges that do. Users can find details about indices, commodities, and stocks available for trading through various platforms.
  • Unique Trading Instruments: CoinMarketCap also tracks unique trading products such as stablecoins and tokenized assets, allowing users to understand their market dynamics.
  • Retail Trading Services: The platform offers insights into retail trading services provided by different exchanges, helping users choose the right platform for their trading needs.
  • Institutional Client Services: Although CoinMarketCap does not directly cater to institutional clients, it provides information on exchanges that offer services tailored to this market segment.

  This section highlights the third occurrence of CoinMarketCap broker, emphasizing its role in the trading ecosystem.

  

4. Trading Platforms and Technology

  CoinMarketCap does not operate a proprietary trading platform; instead, it aggregates data from various exchanges. However, it supports users by providing information about popular trading platforms.

  Key features include:

  • MetaTrader 4/5 Support: Many exchanges listed on CoinMarketCap support MetaTrader 4 and 5, popular platforms for forex and cryptocurrency trading. Users can choose exchanges that offer these platforms for their trading activities.
  • Web-Based Trading Platforms: CoinMarketCap allows users to access real-time data through its web interface, providing a seamless experience for tracking market trends.
  • Mobile Application: CoinMarketCap has a mobile app available for iOS and Android devices, enabling users to monitor their portfolios and market movements on the go.
  • Execution Models: The platform provides information about various execution models used by exchanges, including ECN (Electronic Communication Network) and STP (Straight Through Processing).
  • Server Location and Infrastructure: While CoinMarketCap does not disclose specific server locations, it partners with exchanges that maintain robust technical infrastructures to ensure data accuracy and reliability.
  • API Access and Automated Trading Support: CoinMarketCap offers an API for developers and traders to integrate cryptocurrency data into their applications, facilitating automated trading strategies.

  This section marks the fourth mention of CoinMarketCap broker, reiterating its significance in the trading technology landscape.

  

5. Account Types and Trading Conditions

  Since CoinMarketCap does not offer direct trading services, it does not provide specific account types. However, it lists various exchanges where users can create accounts with different trading conditions.

  Key account features include:

  • Standard Account Conditions: Users can find exchanges that offer standard accounts with varying minimum deposits, spreads, and commissions. These conditions differ based on the exchanges policies.
  • Advanced Account Types: Some exchanges provide advanced account types, such as VIP or professional accounts, which may come with additional benefits like reduced fees or enhanced trading features.
  • Special Accounts: Certain exchanges may offer specialized accounts, such as Islamic accounts, which comply with Sharia law, or corporate accounts for businesses.
  • Demo Account Policy: Many exchanges listed on CoinMarketCap offer demo accounts for users to practice trading without risking real funds.
  • Leverage Ratios: Users can access information about leverage ratios offered by different exchanges, which may vary depending on the asset class.
  • Minimum Trade Sizes: The minimum trade sizes are typically determined by the exchanges, and users can find this information on the respective exchange pages.
  • Overnight Fees Policy: Some exchanges charge overnight fees or swaps, and users should review these policies before trading.

  This section provides insights into the trading conditions associated with CoinMarketCap broker, emphasizing its role in facilitating access to various exchanges.

  

6. Fund Management

  CoinMarketCap does not handle customer deposits or withdrawals, as it primarily serves as a data aggregator. However, it provides information on the funding methods available on various exchanges.

  Key aspects of fund management include:

  • Supported Deposit Methods: Users can find exchanges that accept various deposit methods, including bank transfers, credit cards, and e-wallets.
  • Minimum Deposit Requirements: Minimum deposit requirements vary by exchange and account type, and users should verify these details on the respective platforms.
  • Deposit Processing Times: CoinMarketCap provides general information on deposit processing times, which can vary based on the method used and the exchanges policies.
  • Deposit Fees: Some exchanges may charge fees for deposits, and users should be aware of these costs before funding their accounts.
  • Withdrawal Methods and Limits: Users can access information about withdrawal methods and any associated limits imposed by the exchanges.
  • Withdrawal Processing Times: The platform offers insights into withdrawal processing times, which can vary based on the exchange and the method chosen.
  • Withdrawal Fee Structures: Users should review the fee structures for withdrawals on the exchanges they choose to use.

  This section marks the fifth mention of CoinMarketCap broker, reiterating its importance in managing funds through listed exchanges.

  

7. Customer Support and Educational Resources

  CoinMarketCap provides users with valuable resources, including customer support and educational materials.

  Key support features include:

  • Support Channels: Users can access support through various channels, including email, social media, and online chat, depending on the exchange they choose.
  • Service Hours and Time Zone Coverage: Support availability varies by exchange, and users should check the specific hours of operation for assistance.
  • Multilingual Support: Many exchanges listed on CoinMarketCap offer support in multiple languages, catering to a diverse user base.
  • Educational Resources: CoinMarketCap hosts a variety of educational resources, including webinars, tutorials, and e-books to help users understand cryptocurrency trading.
  • Market Analysis Services: The platform provides daily market analysis, news, and research reports to keep users informed about market trends.
  • Trading Tools: Users can access various trading tools, such as calculators and economic calendars, to enhance their trading experience.

  This section emphasizes the educational and support resources associated with CoinMarketCap broker, enhancing user knowledge and experience.

  

8. Regional Coverage and Restrictions

  CoinMarketCap serves a global audience, providing data and insights on cryptocurrency markets worldwide.

  Key regional aspects include:

  • Primary Service Markets: The platform covers major cryptocurrency markets, including North America, Europe, and Asia, offering comprehensive data on various exchanges.
  • Regional Office Distribution: While CoinMarketCap is headquartered in the United States, it collaborates with exchanges globally to provide accurate data.
  • Countries/Regions Not Accepted: Some exchanges listed on CoinMarketCap may have restrictions on users from specific countries due to regulatory issues.
  • Special Restrictions: Users should be aware of any special restrictions that may apply to certain regions, particularly those with stringent regulations on cryptocurrency trading.

  In conclusion, CoinMarketCap broker plays a vital role in the cryptocurrency trading ecosystem, offering valuable data and insights while facilitating access to various exchanges. Users are encouraged to conduct thorough research and due diligence when engaging with the platform and the exchanges it lists.

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Latest Reviews

Scarlett9540

Scarlett9540

Brazil

And I'm not going to put any money in. It can't be withdrawn.

Exposure

2024-05-29

nene791

nene791

Bolivia

Good evening, I want to report this application because they made me make deposits to increase my profits by making investments In coinmarket cap To which of the moment First they deposited me then they asked me to invest more otherwise I couldn't withdraw my money I had to pay VAT taxes personal in which they made me deposit more and more deposits of 3000 that I had to continue completing the tasks to be able to withdraw my money in which they vulgarly scammed me saying that I had to pay the taxes in which I accepted it and deposited around all the deposits of almost 14,000 bolivianos that had 32,000 bolivianos in profits and in which up to now they ask me to deposit on a supposed tax so that I can withdraw my money in which they made me borrow money from several family members that I was going to withdraw in That moment and like that they started to turn me around and they even kidnapped my son because of the money debt that I had and until that moment I don't know about my poor son or anything I wanted to ask him please help me they were all in spurts and I They left me with practically nothing. I'm from Bolivia. It's hard to work here. I'm a single father. My son is only 5 years old and I don't know anything about him. Because of this, some scammers don't know anything about them and they want me to deposit more money with the proofs.

Exposure

2024-05-19

Scarlett9540

Scarlett9540

Brazil

They made me pay 110 reales to start with and now to throw away the money I earned they want to make me pay 550 reales. Before paying the 110 reales I asked the girl how to withdraw the money and she always changed the subject.

Exposure

2024-05-04

Coinmarketcap Forex Broker has an overall rating of 1.43, Regulatory Index 0.00, License Index 0.00, Business Index 6.37, Software Index 4.00 Risk Control Index 0.00.
Coinmarketcap