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CoinsBank -

No Regulation

Score

0123456789

/10

CoinsBank

Item: CoinsBank
Rating: 1.39

China|2-5 years|

Suspicious Scope of Business|High potential risk|

https://coinsbank.io/

Website

Open Account Time Machine

Rating Index

Contact

+10145410000

Support@CoinsBank.io

https://coinsbank.io/

Dufourstrasse 49, 8008, Zurich Switzerland

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

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40G

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Warning: Low score, please stay away! 2

Previous Detection : 2024-04-27

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Overview

Biz Area

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Website

MT4/5 Identification

Genealogy

Clones

Keywords

Account Information

Time Machine

Benchmark	--
Maximum Leverage	--
Minimum Deposit	$ 150000
Minimum Spread	0.1
Products	--

Currency	--
Minimum Position	--
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	--

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CoinsBank · Company Summary

General Information

Coinsbank is a newly established forex broker allegedly registered in China. However, it gives a company address in Switzerland, so it probably a Switzerland-based forex broker.

Market Instruments

We could not find trading products Coinsbank offer anywhere.

Account Types

There are four types of trading accounts on offer: Blue, Silver, Gold, and Elite. The minimum initial deposit for each account is absurdly high, with the Blue Account requiring as high as $5,000 to start real trading, almost 25 times the amount of the industry standards. The Silver, Gold and Elite Account requires $20,000, $50,000, $150,000, respectively.

Spreads & Commissions

Typically, accounts with more capital funded can enjoy lower spreads. For instance, the Blue account offers spreads from 0.4 pips on major currencies, and traders who hold an Elite account can enjoy spreads as low as 0.1 pips.

Contact Info

Coinsbank offers minimal contact information. Their customer support team can be only reached through email: support@CoinBank.io. Company address: Dufourstrasse 49, 8008, Zurich Switzerland.