The Spain CNMV Added CoinTrade into Its Warnings On 14 Feb 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that CoinTrade is not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=COINTRADE.CC
CoinTrade
VisitRisk Level - High
CoinTrade
Risk Level - High
Scam Evidence & Warnings
The Austria FMA Added CoinTrade into Its Warnings On 22 Feb 2022, the Austrian Financial Market Authority (FMA) issued a warning that CoinTrade is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others. You may visit: https://www.fma.gv.at/en/twingle-consulting-ltd-cointrade-cc/
BrokersView has Reviewed that CoinTrade is an Unregulated Forex Broker CoinTrade claims to be an awarded broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. Moreover, the Austrian Financial Market Authority (FMA) issued a warning that CoinTrade is not authorised to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others. And the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that CoinTrade is not authorised to provide the investment services in Spain.The truth is that CoinTrade is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe and the money can not be protected by any laws. Therefore, it is a scam.
BrokersView has found that CoinTrade is not working BrokersView found the domain "https://cointrade.cc" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
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