Coinsfxtrader foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://coinsfxtrader.com/register, about the company's legal and temporary regulatory information, the company's address Basmead Barns Farm, Moor Road, Greate Staughton, St Neots, Cambridgeshire, PE19 5BJ.
Coinsfxtrader Forex Broker
Basic information
United Kingdom
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Note: Coinsfxspanader' official website: https://coinsfxtrader.com/ is currently inaccessible normally.
Coinsfxtrader is a forex trading platform founded in 2023 and registered in the United Kingdom. However, the website is currently inaccessible. Customer support is limited to email communication only.
Pros and Cons
| Pros | Cons |
| Various accounts | Unregulated broker |
| Inaccessible website | |
| High minimum deposit and spreads | |
| Non-functional trading platform |
Is Coinsfxtrader Legit?
The FCA register, which oversees the regulation of all forex brokers in the UK, showed no entries for Coinsfxtrader. This indicates that Coinsfxtrader is not legally operating within the UK. Besides, their official website is not available.
Account Type
Coinsfxtrader offer all kinds of live accounts: the Gold Luxury Platinum, VIP Gold Platinum, Gold Platinum, Silver Platinum, VIP Luxury, VIP, Luxury, Premium, Executive, Pro, Classic, and Starter accounts. Their minimum deposits are as follows:
| Account Type | Amount (USD) |
| Gold Luxury Platinum | $1,000,000 |
| VIP Gold Platinum | $750,000 |
| Gold Platinum | $500,000 |
| Silver Platinum | $350,000 |
| VIP Luxury | $150,000 |
| VIP | $75,000 |
| Luxury | $50,000 |
| Premium | $25,000 |
| Executive | $11,500 |
| Pro | $8,000 |
| Classic | $3,500 |
| Starter | $350 |
Leverage
Coinsfxtrader offers a maximum leverage of 1:888, which indicates that traders can control a position size that is 888 times larger than their initial investment.
Coinsfxtrader Fees
Coinsfxtrader offers different spreads for varying accounts, ranging from 1.9 pips to 1.2 pips. But their spreads are higher than regulated brokers.
| Account Type | Spread (pips) |
| Gold Luxury Platinum | 1.2 |
| VIP Gold Platinum | |
| Gold Platinum | |
| Silver Platinum | |
| VIP Luxury | |
| VIP | 1.5 |
| Luxury | 1.9 |
| Premium | 1.2 |
| Executive | |
| Pro | |
| Classic | 1.5 |
| Starter | 1.9 |
Trading Platform
Coinsfxtrader provides a web-based trading platform. Among its various tools, users can access Expert Advisors—algorithms that monitor the market and execute trades—and Virtual Private Servers (VPS) that ensure these EAs continue operating even when your computer is turned off. But due to its inaccessible website, their trading platform is also available.
Deposit and Withdrawal
Coinsfxtrader accepts Bitcoin and bank transfer.
Customer Service
Coinsfxtrader only accepts email to contact.
| Contact Options | Details |
| Phone | ❌ |
| support@coinsfxtrader.com | |
| Online Messaging | ✔ |
| Online Chat | ❌ |
| Social Media | Twitter, Facebook, Instagram, YouTube and Linkedin |
| Supported Language | English |
| Website Language | English |
| Physical Address | Basmead Barns Farm, Moor Road, Greate Staughton, St Neots, Cambridgeshire, PE19 5BJ |
The Bottom Line
In conclusion, Coinsfxtrader is a trading platform with various account types. However, the lack of regulation and inaccessible websites are the main problems. Besides, they charge a high minimum deposit and spreads.
FAQs
Is Coinsfxtrader safe?
No, because of its unregulated status and inaccessible website.
What security measures does Coinsfxtrader have in place to protect my funds and personal information?
No.
Is Coinsfxtrader a good for beginners?
No. Their trading conditions are not friendly for beginners.
iwan821
Indonesia
I am still forced because I have to continue to participate
Exposure
2024-06-07