CoinePro Review

COINEPRO REVIEW CONTENT:

  • GENERAL INFORMATION
  • FUNDS TRADING AND SECURITY
  • TRADING ACCOUNTS
  • TRADING CONDITIONS
  • TRADING PLATFORM
  • COINEPRO’S TRADING PRODUCTS
  • CUSTOMER SERVICE
  • CONCLUSION

General Information

  • Broker Name: CoinePro
  • Broker Type: Forex
  • Country: /
  • Operating since year: 2020
  • Regulation: None
  • Address: /
  • Broker status: Unregulated

Customer Service

Trading

  • Trading platforms: Proprietary
  • Trading platform Time zone:
  • Demo account: No
  • Mobile trading: Yes
  • Web-based trading: Yes
  • Bonuses: No
  • Other trading instruments: Yes

Account

  • Minimum deposit ($): $250
  • Maximal leverage: 1:400
  • Spread: Floating
  • Scalping allowed: No

General information

The first this you notice when going on the CoinePro website is how well it is made. The interface and the information that is immediately visible to you, speak of legitimacy, and reassurance.

The website displays an impressive variety of products, that include Forex, commodities, shares cryptocurrency, indices, and metals. However, as soon as you read closer and start to interact with the website, things start to stand out rather quickly.

CoinePro Homepage
The first thing that stands out, as it often does with scammer brokers is that it is an offshore broker. This of course means that if they are fraudulent and swindle you out of your money. After this, you would have no way to get your funds back, as they fall outside of the jurisdiction of regulations.

The next issue arises when trying to register for one of CoinePro’s three types of accounts. The procedure is very simple and offers no assurances. When all you need to do is enter the most basic of your personal information to register for a brokerage website, that usually means that something is not right. Usually, there are many details you need to include during such registrations. This would even include, your usual trading volumes. However, no such information is necessary for CoinePro.

What does CoinePro Offer

The Broker offers three types of accounts: Micro, standard, and premium. These all come with the usual benefits and perks you would find as the basest of standards on any trading broker site. The details of each account are displayed below. Though after taking a look, you might realize that something is missing. There is no demo account. This is another sure way to week out fraudulent brokers. A demo account is a free account that traders use to start working on a site or platform. It is designed to help you transition onto their platform. It is also a way for users to see how transparent all the processes are. The lack of this is an indicator that CoinePro is a scam broker.

CoinePro Review: Trading Accounts
Even if you neglect the obvious red flags of this broker though, as mentioned above, the accounts are subpar at best. So taking into account that this whole operation is a lie, it is shocking that they didn’t even attempt to wrap it in a more appealing way.

Customer Service

The customer service on CoinePro.com is what you would expect after reading this review. It is lackluster and quite obviously unprofessional. The only way to get in touch with them is through email. While this is a perfectly decent way to communicate about business, it is not acceptable as the only available avenue to do so. However, this is of course expected, as live chat and phone conversations would’ve made it much harder for them to convince people of their legitimacy. Whereas, an email could take days if not weeks to be seen and responded to and in that time many decisions could be made.

CoinePro Contacts

CoinePro Review: Conclusion

All of the information above, each one on their own would have been enough to arouse suspicion in a broker enough to make traders hesitate. However, combining all of the above, it becomes obvious that this website is beyond dubious. If anyone is still at this point wondering, you should absolutely not give any money to this broker, or you will surely not see any of it again. As with most fraudulent websites, we are not the only website calling them out. You can take a look at any number of other reputable review websites and will see that all of them come to the same conclusion as we have.

  • Support
  • Platform
  • Spread
  • Trading Instrument
Comments Rating 1 (13 reviews)