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Do You Want to Know If Coinmax Is Legitimate or a Scam?
You may have heard of Coinmax because it has received attention, but not the right kind. This broker has been flagged as suspicious by the SEC. It has no license, guarantees returns from trading risky assets like cryptocurrencies, and encourages its traders to earn “passive income” from its services. Brokers should not be coaxing average traders to think of trading as an opportunity to leave their day jobs.
There Are Some Problems with Coinmax
Coinmax guarantees returns to its clients such as 90% return in 15 to 25 days or 150% in 40 days. No broker should be trying to guarantee returns, particularly on cryptocurrencies, which are notoriously volatile. A warning from the SEC, its lack of a license, and these false guarantees, taken together, make it clear that Coinmax should be avoided. It is better to do research and find a reliable broker to trade with.
Red Flags that Coinmax Could Be a Scam
- No license
- No transparency
- False claims
- Bad reviews
If You Need Fund Recovery from Coinmax,Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Coinmax close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.