Home -
Coinsoft -

Score

1.48 /10
Danger

Coinsoft

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.coinsoft.io/#

Add brokers

Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.77

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

VC Management LLC

Company Abbreviation

Coinsoft

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2025-01-09
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
Coinsoft · Company summary
Coinsoft Review Summary
Founded1994
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsCurrencies, commodities, stocks and indices, etc.
Demo AccountAvailable
LeverageUp to 1:400
SpreadFrom 1.5 pip
Trading PlatformA web-based paltform
Min Deposit$250
Customer SupportEmail: support@coinsoft.ioPhone: +442030975412, +442030975413

Coinsoft Information

Coinsoft is a hedge fund dedicated to corporate clients, headquartered in Saint Vincent and the Grenadines, founded in 1994, offering clients a web-based trading platform with over 200 tradable assets, leverage up to 1:400 and variable spreads, and seven different account types to choose from.

Pros and Cons

ProsCons
a variety of instruments providedUnregulated state
Seven types of live accountsInaccessible official website
Available Demo accountUnclear information of fees

Is Coinsoft Legit?

Coinsoft right now is not under any effective regulation of financial institutions.

What Can I Trade on Coinsoft?

Coinsoft offers more than 200 financial market trading instruments, including currencies, commodities, stocks and indices.

Tradable InstrumentsSupported
Commodities✔
Currencies✔
Indices✔
Stocks✔
Futures❌

Account Types

First of all, a demo account is available.

In addition to demo accounts, Coinsoft also offers seven live trading accounts, namely Basic, Bronze, Silver, Gold, Platinum, Diamond and Black. The minimum deposit for opening a basic account is $250, while the minimum initial capital requirements for the other six accounts are $1,000, $3,000, $7,000, $15,000, $25,000 and $50,000+. The maximum deposits for the first six types of accounts are $1,000, $3,000, $7,000, $15,000, $25,000, and $50,000, with no limit for black accounts.

Basic AccountBronze AccountSilver accountGold accountPlatinum accountDiamond accountBlack account
Minimum Deposit$250$1,000$3,000$7,000$15,000$25,000$50,000+
Maximum Deposit$1,000$3,000$7,000$15,000$25,000$50,000+no limit

Leverage

Coinsoft offers leverage ratios ranging from 1:100 to 1:400.

Coinsoft Fees

The spread of major currencies against EUR/USD appears to be no less than 1.5 points.

Trading Platform

A web-based platform is given by Coinsoft to serve for clients.

Trading PlatformSupportedAvailable DevicesSuitable for
A web-based platform✔Website-based devicesInvestors of all experience levels

Deposit and Withdrawal

Coinsoft users can make deposits and withdrawals through Wire Transfer, MasterCard, VISA, Skrill and Maestro. There is a minimum deposit of $250 and a minimum withdrawal of $50, with a flat fee of $30 per withdrawal.

In addition, traders holding different account types can enjoy different free withdrawal times. For example, the first withdrawal is free for a copper account, 5 free withdrawals for a silver account, 10 free withdrawals for a gold account, and unlimited free withdrawals for a platinum or diamond or black account.

User Reviews

More

User comment

2

Comments

Write a review

FX1378510281
more than one year
I recently deposited funds into Coinsoft, but soon after, I found that their website was no longer accessible. This is extremely concerning, and I am worried that my money may be at risk. I hope Coinsoft will address this issue promptly and provide a clear explanation of what just happened, or I will call the police.
I recently deposited funds into Coinsoft, but soon after, I found that their website was no longer accessible. This is extremely concerning, and I am worried that my money may be at risk. I hope Coinsoft will address this issue promptly and provide a clear explanation of what just happened, or I will call the police.
Translate to English
2023-03-20 10:21
Reply
0
0
Ц. Баттулга
more than one year
Great experience at first, but slippage began to increase when I started to make profits. I came to realize that it was their manipulating. What a pity! I thought it was a good broker.
Great experience at first, but slippage began to increase when I started to make profits. I came to realize that it was their manipulating. What a pity! I thought it was a good broker.
Translate to English
2023-03-17 18:20
Reply
0
0
1