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    Investing in Coins-Capital: Risky Scam or Solid Opportunity?

    Coins capital, Coins capital scam, Coins capital review, Coins capital reviews 2023, Coins capital 2022, Coins capital news, Coins capital update,

    Coins-capital is a forex and CFD trading broker that claims to offer a wide range of trading products and services. However, there are a number of red flags that suggest that Coins-capital is a scam broker.

    Company Overview

    Coins-capital is a relatively new broker, having been founded in 2022. The company is registered in Seychelles, which is a well-known offshore financial center. Seychelles does not have any regulations specifically for forex and CFD brokers, so there is no guarantee that Coins-capital is operating in a legitimate manner.

    Does Coins-capital Have Any License?

    Coins-capital does not have any licenses from any reputable financial regulators. This is a major red flag, as regulated brokers are subject to strict rules and regulations that help to protect their clients.

    Is Coins-capital Regulated By Any Authority?

    Coins-capital claims to be regulated by the Financial Conduct Authority (FCA) in the UK. However, this is not true. The FCA has a list of all regulated brokers on its website, and Coins-capital is not listed.

    Pros and Cons

    Pros:

    • Low minimum deposit of $250
    • Variety of trading products and instruments
    • Leverage up to 1:500
    • No deposit fees
    • No withdrawal fees

    Cons:

    • Not regulated by any reputable financial authority
    • Lack of transparency
    • Negative reviews from previous clients
    • High spreads and commissions

    How Does Coins-capital Reach To Their Prey?

    Coins-capital uses a variety of methods to reach their potential victims. These methods include:

    • Advertising on social media and other websites
    • Cold calling
    • Email marketing
    • Inviting people to webinars and seminars

    Technical Details

    Minimum Deposit:

    The minimum deposit requirement at Coins-capital is $250. This is relatively low compared to other forex and CFD brokers.

    Trading Platform:

    Coins-capital offers a web-based trading platform. This platform is not as advanced as some of the platforms offered by other brokers, but it is still functional.

    Spread:

    The spreads at Coins-capital are relatively high. This means that you will pay more when you buy or sell a currency pair.

    Leverage:

    Coins-capital offers leverage up to 1:500. This means that you can control a large position with a small amount of capital. However, leverage can also magnify your losses, so it is important to use it carefully.

    Packages and Products They Offer

    Coins-capital offers a variety of trading packages, each with its own set of features and benefits. The most basic package is the Starter Package, which offers access to the web-based trading platform and a demo account. The most advanced package is the VIP Package, which offers access to a dedicated account manager, exclusive trading signals, and other benefits.

    Withdrawal and Deposit Method

    Coins-capital offers a variety of deposit and withdrawal methods, including credit cards, debit cards, wire transfers, and cryptocurrencies. The minimum withdrawal amount is $250.

    What Do Their Previous Traders Say?

    The reviews of Coins-capital from previous traders are overwhelmingly negative. Many traders have complained about the high spreads, hidden fees, and difficulty withdrawing funds.

    Summing Up- Why Should Not You Trust Coins-capital

    There are a number of reasons why you should not trust Coins-capital. These reasons include:

    • The company is not regulated by any reputable financial authority.
    • The company has a history of negative reviews from previous clients.
    • The company’s trading conditions are unfavorable to traders.

    If Bad Things Happen, Where Can You Get The Quick Solution?

    If you have lost money to Coins-capital, you may be able to recover your funds with the help of a financial recovery firm. These firms specialize in helping people who have been scammed by forex and CFD brokers.

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      Final Thoughts

      Coins-capital is a scam broker that should be avoided. If you are considering trading with this broker, I urge you to reconsider. There are many reputable brokers out there that offer better trading conditions and customer service.

      If you are looking for a legitimate forex or CFD broker, I recommend that you do your research and choose a broker that is regulated by a reputable financial authority.

      You Can Read Our Other Scam Reviews

      Kenneth Williamson

      Kenneth Williamson

      Kenneth Williamson serves as the primary news writer at BCA, bringing his expertise in online marketing to produce high-quality industry coverage. His unwavering commitment to helping individuals and businesses succeed in the digital realm is evident in his writing. Additionally, Kenneth provides top-notch technical SEO and copywriting services to businesses of all sizes.

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