CoinRise Broker Review
- CoinRise allegedly provides a mobile app.
- Currently, a minimum deposit of 250 EUR is required for the Mini account.
- Brokers do not offer demo accounts, only live ones.
CoinRise Broker Review – The Truth About CoinRise.ca Brokerage Scam
CoinRise broker attracted the attention of many after targeting Canadian and Israeli clients. Despite having its headquarters in Canada, a company that seemed legitimate turned out to be something completely different.
Discover all the information we gathered about CoinRise in our trusted review. Before proceeding, we recommend you read our recently updated reviews of Platinex, StandPoint Finance, and EuroXN.
- Scam Broker Status: Unregulated
- Licensed by: Unlicensed Company / Unregulated
- websites used by scammers: CoinRise.ca
- Forex Trading Scam: Active
- A Scam has been blacklisted by: FCAA (Saskatchewan Regulator)
- CoinRise Ltd. is the broker’s owner.
- Canada is the country of headquarters.
- Year of foundation: 2021
- Platforms for online trading: WebTrader
- Trading on mobile devices is available.
- The minimum deposit is 250 euros.
- A 100% deposit bonus is available.
- Trading in crypto assets: Bitcoin, Ethereum, and XRP (80+ cryptocurrencies available).
- Yes, CFDs are available for trading.
- The following trading instruments are available: Forex (FX) / Stocks / Commodities / Indices / Cryptocurrencies (Cryptos)
- Leverage maximum: 1:1000
- No Islamic Accounts are available
- Demo Accounts are not available for free, and only live accounts are available.
- US traders are not accepted: US traders are not accepted.
- Fraud Protection Experts’ Verdict: Stay away from this scam broker!
CoinRise Regulation – Important Things to Know
The Canadian company CoinRise Ltd owns CoinRise. Providing financial services from Saskatchewan, however, requires an FCAA license.
We have therefore checked if CoinRise’s regulatory authority is this or another Canadian regulator. However, the imagine our surprise when we learned that everything was just a sham and CoinRise is another phony company.
Questions About License – Reputation Problems
We checked what traders thought of broker CoinRise once we determined it lacked an official license. As it turns out, the company has a bad reputation with investors. All their bragging about 15 years in the market and secure trading with a regulated brokerage is nothing more than an excellent presentation.
Participating in the CoinRise trading scam is not a good idea, and you may quickly become a victim.
In the meantime, please exclude AmegaFX, MICFX, and Solid Capital from your list of potential brokers. You will save time, nerves, and money!
Scam Warnings From Financial Watchdogs
A warning against CoinRise was issued by the Financial and Consumer Affairs Authority of Saskatchewan in response to numerous complaints about the brokerage. Anyone involved in the broker’s activities should contact FCAA immediately and report fraud, according to the document.
CoinRise Reviews – An Opportunity or Trading Scam?
CoinRise reviews claim that clients were lured into investing by fake information, and their money vanished. While the company’s employees extort your funds, they are pleasant and helpful, but once you request a withdrawal, you’ll receive unanswered phone calls, emails, etc.
We weren’t surprised by this behavior since the broker isn’t regulated; it’s part of a pattern of manipulative cyber fraud.
CoinRise Deposit Bonus Scam
In addition to the bonuses mentioned above, CoinRise offers different rewards based on the type of account. Read the Terms and Conditions carefully to learn that withdrawals aren’t allowed until you complete the rollover.
However, with the minimum deposit, you will not be able to withdraw your money, so you will have to invest more. Investing in this scheme is another way fraudulent brokers entice clients.
Scammed By CoinRise Broker? – Talk To Our Recovery Experts
You’re not alone if you’ve fallen victim to the CoinRise trading scam. Every day, Global Fraud Protection helps online scam victims recover their funds. Take action against scammers; don’t let them run away with your money.
Please use our online chat service to book a free consultation and get your funds back as soon as possible!
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FAQ Section:
1. Can I Trade Cryptocurrencies And CFDs With CoinRise Broker?
A CoinRise broker allows you to trade both crypto and CFDs.
2. What Is The CoinRise Minimum Deposit?
Currently, a minimum deposit of 250 EUR is required for the Mini account.
3. Does CoinRise Have a Mobile Trading App?
In connection with a minimum deposit of 25,001 EUR, CoinRise allegedly provides a mobile app.