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COINDEX TRADING

China|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://coindextrading.com/

Website

Rating Index

Contact

support@coindextrading.com
https://coindextrading.com/

Licenses

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

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

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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COINDEX TRADING · Company Summary

General Information & Regulation

General Information & Regulation

COINDEX TRADING is allegedly an online forex and CFD broker registered in China since 2013. The broker claims to provide its clients with over 100 tradable assets on the web-based trading platform, as well as a choice of four different live account types and 24/7 customer support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that COINDEX TRADING does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.12/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

COINDEX TRADING advertises that it offers access to more than 100 assets in financial markets, including forex, CFD stocks, cryptocurrencies and binary options.

Account Types

COINDEX TRADING claims to offer four types of trading accounts, namely Basic, Standard, Premium and Customize Unlimited. The minimum initial deposit for the Basic account is up to $1,000. The other accounts start at $5,000$ and $10,000 respectively with the exception of the Customize Unlimited account where clients can decide the minimum deposit by themselves. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Account Types

Trading Platform Available

Instead of the industry-standard MetaTrader4 and MetaTrader5, COINDEX TRADING appears to offer its clients a web-based trading platform. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading Platform Available

Deposit & Withdrawal

The minimum initial deposit requirement at COINDEX TRADING is said to be as high as $1,000. However, the broker says nothing about the acceptable deposit and withdrawal methods.

Fees

COINDEX TRADINGs website states that the broker does not charge any setup or maintenance fees and each trader can get a set percentage of the profit they make.

Customer Support

COINDEX TRADING‘s customer support can be reached by email: support@coindextrading.com, live chat or send messages online to get in touch. However, this broker doesn’t disclose other more direct contact information like telephone numbers or the company address that most brokers offer.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Broker Information

Company Name

COINDEX TRADING

Company Abbreviation

COINDEX TRADING

Regulatory Status

No Regulation

Platform registered country and region

China

Company website
Phone of the company

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Twitter

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Facebook

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Instagram

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YouTube

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Company address

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Linkedin

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WhatsApp

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QQ

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WeChat

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Customer Service Email Address
  • support@coindextrading.com

Company Summary

User Reviews

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User comment

5

Comments

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Luke cane
3-6months
I lost my investment capital and profits trading online, they kept on requesting for extra funds before a withdrawal request can be accepted and processed, in the end, I lost all my money. All efforts to reach out to their customer support desk had declined, I found it very hard to move on. God so kind I followed a broadcast that teaches on how scammed victims can recover their fund through the help of e x p e r t a p e x r e f u n d o rg a recovery firm, I contacted his email provided for consultation, I got feedback after some hours and I was asked to provide all legal details concerning my investment, I did exactly what they instructed me to do without delay, to my greatest surprise I was able to recover my money back including my profit which my capital generated. I said I will not hold this to myself but share it to the public so that all scammed victims can get their funds back
2023-12-04 20:28
Reply
0
0
ϝσɾҽɳʂιƈɯαƚƈԋ
6-12months
that you will likely not be able to pay and they say that you cannot get your previously invested money until you make the advance, but the catch is that there is no limit to the value which the advance can be so it could be $100K or more. Anyway, its a pretty elaborate and well resourced scam, presumably because they are making lots of money and can afford to invest lots of people hours, so it comes across as promising and I can see how people could easily lose big.DO NOT SEND THEM ANY MONEY!!
2023-05-17 12:44
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0
0
翩嗳
more than one year
I guess this Coindex Trading is probably a scammer. Here I can provide you three clues: Firstly, it does not hold any license. Secondly, it was registered in an unknown area. Thirdly, its official website cannot be accessed. So, don’t waste your time or money here.
2023-02-21 21:46
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0
0
胡文斌
more than one year
I got in touch with their Live chat initially to enquire more and they have helped a lot with my deposit. Support has been good to me. Trading is also smooth and well as of now.
2022-12-12 14:08
Reply
0
0
广成.
more than one year
A good platform for copy trading, and I followed several successful traders on this platform, no account maintenance fees charged, which is just great!
2022-12-07 16:11
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0
0
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