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Is CoinRally.io a Scam Broker?
CoinRally.io may seem attractive to traders who want to make money on the hot trend of crypto assets. However, they may not be prepared for what can happen if they fall prey to a crypto scam. CoinRally.io is an unregulated broker and that is the first red flag we notice when we look at scam brokers. However, is CoinRally.io the real deal or is it a fraud?
Is CoinRally.io Scam or Legit Broker?
We caution strongly against trading with unlicensed brokers. Many of our clients are seeking fund recovery from brokers who had no licensed and operated crypto scams and Ponzi schemes. Other things, in addition to the lack of a license, have come to our attention about CoinRally.io, including its automated trading software that may be problematic.
Our experts have examined CoinRally.io and have found the following problems:
- No license
- Suspicious automated trading software
- Sudden changes in balance
- Customers report accounts are blocked suddenly
- Customers report withdrawal is denied
This is the information we discovered through our own investigation and customer reviews. We do not recommend opening an account with CoinRally.io because it seems like a scam. Instead, research our other broker reviews and sign up with a regulated broker. If you have an account with CoinRally.io, close it right away and seek fund recovery. Our professionals are here to help you.