CoinTrends was an offshore / non regulated Crypto Currency CFD broker, that opened in December 2018, and closed a few months later in early 2019.
They are owned and operated by: Coinstrends Ltd, which is located at: 306 Victoria House, Mahé, Seychelles. Contact phone number in United Kingdom was: +442038681535, and the official website was at: https://CoinTrends.io/.
For complaints and withdrawal problems, read this.
CoinTrends Review
Our review of the Crypto trading platform you see at CoinTrends, is the exact same FronTrader software being used by the broker Capital Seven. Investors will find only Crypto Currency CFD’s available on their list of underlying assets. The crypto trading is listed as pairs against the US Dollar and other Crypto coins. Social trading is not available directly on their platform, and the automated trading software that connected you, is probably worthless, read this.
The minimum deposit required to start trading is officially $250. We tried to make a deposit, and we were sent to https://icrypt.io/. Not sure why, maybe they are connected, maybe they only accept crypto deposits.
CoinTrends Regulation Check
The way that the Scam Broker Investigator determines if a new broker is legitimate or a scam, is by checking for a valid brokerage firm license. On ScamBroker.com you will find reviews of more than 600 online brokers and trading systems. We check the financial regulators; FSB South Africa, ASIC Australia and FCA United Kingdom for a license.
CoinTrends is not a regulated company! Using a regulated broker ensures that your funds are kept in segregated accounts, and are secure in the event that the broker disappears.
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If you are an existing client of CoinTrends, please write your personal experience with this broker, in the comment section below.