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- You are not limited by a drop in the value of a specific asset, as you may decide to trade on other instruments.
- Cryptocurrency is another instrument that may be traded on CoinePro.com.
- The performance indicated or implied by authors or users on this web site is not what you should expect to experience.
- Having an investment is not just enough, it is important to have a reliable and legitimate broker as a support network.
Expensive trading services
No extra information is needed, which is undoubtedly reassuring for traders. You can choose to invest in any combination of assets that works for you and CoinePro allows you to trade them all through a single trading platform. There’s been a surge of scam brokers for quite some time now, so avoiding theft has become a primary concern. Scammers employ persuasive tactics to convince you to make an initial minimum deposit. They entice with promises of doubling the deposit within 24 hours and similar claims.
- The broker tales the security of its platform with serious attention, and safeguard its database to avoid unauthorized access by cyber thieves known as hackers.
- It is not because of the lack of offerings, but because of the choices at your disposal.
- It also provides a hedge against inflation and may be possible for you to possess the asset physically.
- Apart from that, CoinePro has also created a Trading Guides section where traders are provided with educational resources about trading.
- There is a tremendous risk on any transactions interested traders may conclude with the brokerage and we deeply recommend they look elsewhere for viable trading option.
They are traders and others who have experience in the market themselves. They have significant knowledge of the crypto space and risk management, which has enabled them to put together a brokerage that provides traders with all they need in one place. Coinepro provides multiple trading accounts for all classes and types of traders, regardless of their trading experience. You may also have access to news feeds to keep you updated about the current trends in the financial market as well as expert analysis on critical issues discussed in the financial market. The minimum lot size available to CoinePro’s micro account holders is 0.1.
It shows the product categories, containing forex, crypto, commodities, shares, indices, and metals. That makes for one section of CoinePro’s website that actually shows you what you want to see. Even if we disregard that CoinePro is entirely untrustworthy, their trading conditions are entirely underwhelming. To reach acceptable leverage, you need to invest a large amount of money, and none of the other conditions stand out.
It is a fact that trading doesn’t require people to have any experience, prior knowledge and has no age restrictions. You just need to be above 18 and can start trading, which means even students can use their savings to earn some money. There is no need for you to have thousands of dollars; you can get started even with a few hundred. While all of this is certainly beneficial, you should remember that in order to start, you do need the services of a broker. Brokerages provide you with the tools and software you need for accessing markets and trading. This money was supposed to be used for my child’s school levies, but everything is gone.all have worked for my entire life.
More info about trading scams:
CoinPro has expressed their desire on several occasions, to provide users with an excellent trading experience that may keep them loyal to the platform. The company is established with a vision of delivering satisfaction to its extensive database of traders spread from different parts of the world. Every day there is a growing number of people seeking to be part of the blockchain industry. The industry has witnessed a massive influx of traders and brokers in recent years. With the growing number of prospective traders and investors, many exchange companies have been created. These exchange companies provide a trading platform that enables traders to carry out trading activities in a competitive environment.
Do not trade
This platform is important because it can impact your trading performance and efficiency. If the trading platform is outdated, you will not have access to the right tools. If it lags, your trades will not be executed in a timely manner, resulting in losses. Thus, the trading platform offered by a broker deserves more than a quick look. Coinepro.com is likely a platform run by scammers, trading with them would likely result in you losing your money. There is a tremendous risk on any transactions interested traders may conclude with the brokerage and we deeply recommend they look elsewhere for viable trading option.
Poor broker service
Therefore, this account has a high minimum deposit requirement i.e. $50,000. As these traders have high trading volume, they can deal with a leverage of 400. In addition, these traders are also given a higher welcome bonus of 50% as greater incentive to opt for this account type. Most importantly, CoinePro has recognized the fluid world we live in and so it has added mobile iOS and Android apps for its traders.
This allows them to trade on the move and have access to their CoinePro accounts without any hassle. These mobile apps are fully functional and loaded with a ton of tools that can make a huge difference in trading experience. First and foremost, CoinePro gives its clients the perfect opportunity to trade in one of the oldest markets in the world. With this broker, you can buy and sell shares of some of the most renowned companies in the world.
The Coinepro brokerage firm understands that each trader and investor has his or her distinct needs and goals in the financial market. Therefore the broker offers multiple trading accounts for clients to choose, based on their trading experience and risk level. There is a provision for all classes of investors and traders – beginners, intermediate, and experts. Any mistake by an investor can lead to a total loss of his or her trades and investment in the financial market.
Even part-timers can earn money because the trading market is huge and diverse, which means there is something available for everyone. The problem is that not every broker is going to offer you access to a great variety. For instance, some brokers only allow their clients to trade in the Forex market or the crypto market.
Rude brokers
With a daily trading volume of more than $5 trillion, it is a favorite of traders all around the world. At CoinePro, you can trade in the forex market 24/7 and the broker gives you the chance to invest in major and minor currency pairs. If you don’t mind a little volatility and want to take some risks, the broker has also added exotic or rare currency pairs for trading. CoinePro provides various tools that can help in Forex trading and they have attractive spreads as an incentive for traders. It has included resources and tools that can assist each type of trader, according to their needs and can help them maximize the profits from trading so they are able to achieve their goals.
The broker falsely claims that they’ve got instant transactions, and they use a custom platform while hiding a lot of crucial info. We’d be hard-pressed to find anything positive to say about the trading experience at CoinePro. The accounts at CoinePro almost perfectly follow the shady broker formula. First off, there’s no demo account, so you need to invest if you even want to try out what the broker offers. We’re unsure why, but that exact amount is what most scam brokers ask for, almost like there’s some sort of unwritten agreement.
CoinePro is a trading platform that you may trust to help you generate income for trading in different assets. The features that come with this exchange company are outstanding. The registration, withdrawal as well as the process of making deposits are flexible, according to the broker. However, you should trade wisely, especially if you are a new trader in the financial market. But, one of the most important things to know about CoinePro is that it is a fully regulated broker.
The Coinepro web trader is a hassle free trading platform that can be accessed from any location on any internet-enabled web browser. While trading does have low barriers to entry, it is important to remember that it requires a great deal of knowledge and skills to do it correctly. If you want to earn profits, you have to have the necessary skills, knowledge and access to tools or else you will lag behind other successful traders. CoinePro aims to help all its clients in enjoying trading success due to which it has equipped its platform with some of the most advanced and innovative trading tools in the market. CoinePro has a dedicated asset page, unlike some other scam brokers.
Based on all the information gathered, we create a trust score.coinepro.com has a very low trust score according to our algorithm. The website has a strong indicator of being a scam but might be safe to use. We recommend you check the website using our check list or by contacting the company directly. In less than a year, they’ve gained so much negative traction that they’ve had to reskin their site to avoid the negative publicity.