Coinsoft Forex Broker

Coinsoft Review SummaryFounded1994Registered Country/RegionSaint Vincent and the GrenadinesRegulationUnregulatedMarket InstrumentsCurrencies, commodities, stocks and indices, etc.Demo AccountAvailableLeverageUp to 1:400SpreadFrom 1.5 pipTrading PlatformA web-based paltformMin Deposit$250Customer SupportEmail: support@coinsoft.ioPhone: +442030975412, +442030975413Coinsoft Information Coinsoft is a hedge fund dedicated to corporate clients, headquartered in Saint Vincent and the Grenadines, founded in 1994, offering clients a web-based trading platform with over 200 tradable assets, leverage up to 1:400 and variable spreads, and seven different account types to choose from.Pros and ConsProsConsa variety of instruments providedUnregulated stateSeven types of live accountsInaccessible official websiteAvailable Demo accountUnclear information of feesIs Coinsoft Legit? Coinsoft right now is not under any effective regulation of financial institutions.What Can I Trade on Coinsoft? Coinsoft offers more than 200 financial market trading instruments, including currencies, commodities, stocks and indices.Tradable InstrumentsSupportedCommodities✔Currencies✔Indices✔Stocks✔Futures❌Account Types First of all, a demo account is available. In addition to demo accounts, Coinsoft also offers seven live trading accounts, namely Basic, Bronze, Silver, Gold, Platinum, Diamond and Black. The minimum deposit for opening a basic account is $250, while the minimum initial capital requirements for the other six accounts are $1,000, $3,000, $7,000, $15,000, $25,000 and $50,000+. The maximum deposits for the first six types of accounts are $1,000, $3,000, $7,000, $15,000, $25,000, and $50,000, with no limit for black accounts.Basic AccountBronze AccountSilver accountGold accountPlatinum accountDiamond accountBlack accountMinimum Deposit$250$1,000$3,000$7,000$15,000$25,000$50,000+Maximum Deposit$1,000$3,000$7,000$15,000$25,000$50,000+no limitLeverage Coinsoft offers leverage ratios ranging from 1:100 to 1:400.Coinsoft Fees The spread of major currencies against EUR/USD appears to be no less than 1.5 points.Trading Platform A web-based platform is given by Coinsoft to serve for clients.Trading PlatformSupportedAvailable DevicesSuitable forA web-based platform✔Website-based devicesInvestors of all experience levelsDeposit and Withdrawal Coinsoft users can make deposits and withdrawals through Wire Transfer, MasterCard, VISA, Skrill and Maestro. There is a minimum deposit of $250 and a minimum withdrawal of $50, with a flat fee of $30 per withdrawal. In addition, traders holding different account types can enjoy different free withdrawal times. For example, the first withdrawal is free for a copper account, 5 free withdrawals for a silver account, 10 free withdrawals for a gold account, and unlimited free withdrawals for a platinum or diamond or black account.