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Cointrade Complaint – 0chain Review
Is Cointrade a Scam Broker?
Cointrader has a professional-looking website and is available on GooglePlay. It also has been mentioned on financial news websites. However, this doesn’t necessarily mean that Cointrader is a legitimate broker. Unfortunately, many unregulated and fake brokers may appear on platforms and in the media and seem legitimate. We did a deep dive and evaluated Cointrader to see if it is safe.
Is cointrade a scam or legit broker?
Cointrader may inspire confidence in some people because it has a presence on GooglePlay, Bloomberg and is described as a Canadian broker with a Java-based algorithm with a social media presence. However, this does not translate into transparency into its services, terms, and conditions. It is not regulated and has negative reviews on the BBB or Better Business Bureau site.
Cointrader is an unregulated broker that has many negative reviews on the BBB site. Customers reported that once they deposited their money, they did not hear from the service, and their emails were not answered. Others said that the promises were extravagant and deceptive.
We recommend that you stay away from Cointrader. If you have an account with Cointrader you should ask for a fund withdrawal. However, since reviewers have said Cointrader does not communicate in this instance and tends not to release funds, you will also need to consult with a fund recovery service. We will provide guidance to help you retrieve your funds.
- The broker froze your account
- The broker blocked your account
- You cannot login back into your account
- Money has been taken out from the account
- The broker doesn’t take your calls
- The broker shut down his website
- You noticed the broker took money out from your bank account with out your permission
- The broker is offering you a bonus
- The broker is offering you to fund more money into the account after you lost a large sum
Don’t give up. You can fight back and get your money refunded. Start by filling the form above and we will get in touch with you and provide you with information on how to start the process.