Is CoiniWelt Scam or Legit? CoiniWelt Comprehensive Review
CFD and Forex trading has become so much popular among investors that the trading volume of these products reaches trillions of dollars. Due to popularity, the trading sites designed for these products have also become populated which gives rise to many fake platforms. Fake platforms make use of advanced techniques to draw money out of innocent people. To find a credible and secure platform there needs a close observation, which is tireless work.
I have come up with a broker that lets you generate thousands of dollars, thanks to its advanced technology and professional team. What’s more, it also provides mental satisfaction as you don’t have to worry about the security of your funds. In this review, I will introduce you to CoiniWelt that is a big name in the Forex market.
Introduction to CoiniWelt
If you want to trade Forex, commodities, indices, bonds, stocks, and ETFs, then CoiniWelt.com is one of the best available options for you. Its top-notch features give the best experience you ever notice in the trading world. These features consist of a wide, list including a minimum deposit of $250, bonus up to 50%, a secure and extensive number of payment options, leverage up to 1:200, education facility, and many other things.
The funds over the platform are secured with the advanced technology of the modern era, which makes it impossible for hackers to breach the security layers of CoiniWelt. It is a basic need of everyone that his or her personal information will remain safe and the company is highly focused on this requirement of its users. CoiniWelt says:
“Coiniwelt clients benefit from intensive training, dedicated service, and 24/7 professional customer support and assistance.”
After spending many years in the trading world, I have come to know that the security of funds is a fundamental right of every person. If a trading company is not giving full security to your funds, then you must avoid that platform because there are high chances that your money will be lost forever. But few Forex brokers exist in the market, which provides high-quality services to its customers from across the world. CoiniWelt is included in this list, which has high-security layers around funds of traders and investors.
What’s more, if you have any queries about the safety of funds, you can contact the team of the trading company. The safety of your money is the major priority of CoiniWelt, which is a remarkable thing. After you deposit money, it then goes to segregated accounts established by the firm for better security. The facility of segregated accounts is supported by almost all of the brokers out there. Once you create your account with the site, the experienced team of the platform takes the whole responsibility for it. So, you should not have to worry about your capital invested in the trading products. According to the site:
“Your personal information and financial security are our top priority. We handle the client information with the most advanced and trusted security technologies available to protect their privacy.”
Safety of Information
The second most important need of a user is the safety of personal information. In this online world, companies gather personal info about people and sell it to other companies for the sake of profit. The firms who buy it can manipulate the personal information about a particular personality. At the time of registration with CoiniWelt, the company asks to submit basic information and demands no additional things. The basic info is taken only for identification purposes or to satisfy the requirements of compliance set by the regulatory authorities. Moreover, the taken information then becomes encrypted, which cannot be seen by anybody, including the team of the brokerage platform.
Trading Products Offered by CoiniWelt
CoiniWelt is a specialized trading brokerage firm for Forex, CFDs, and savings accounts. Besides Forex, CoiniWelt has also presented other assets for users, including commodities, stocks, bonds, cryptocurrencies, ETFs, and Indices.
As a Forex broker, it offers multiple fiat currencies, which are known for high profit. The Forex market is so vast that the trading volume normally reaches trillions of dollars on a daily basis. There are many millionaires who become rich as a result of Forex trading. You can also become a rich person if you trade currencies with a good broker, and I present you with a top-rated platform for you named CoiniWelt. As mentioned by the company itself, CoiniWelt is a leader in the Forex market due to its high-quality characteristics.
Besides AUD, GBP, USD, and EUR, the broker has also permitted users to access other currencies, such as JPY, ILS, CAD, and HUF. In a wide variety of currencies, you have a choice to trade a currency that you like to choose. Unlike other brokers, it equips customers with extensive features that are not present in any other trading company.
The broker has also made its name popular in offering CFDs products as you can trade CFDs of equities, currencies, interest rates, indices, bonds, and commodities. It is like a deal between seller and buyer as a result of the price difference at the time of opening and closing. You can invest in any type of CFD product five days a week and 24-hours a day. There is a high risk linked with CFD trading, but the chances of big profit are also there. What’s more, traders can even make a profit when the markets are going down due to the facility of margin trading. When comes to the question of profit-making, traders and investors always keep in mind CoiniWelt as it helps in earning a profit in thousands of dollars.
A savings account is known for offering a high-interest rate on your balance. If you have extra money then you can deposit into a savings account and get profit because it is an interest-bearing account. The most interesting thing about a savings account is that it is one of the most liquid instruments out there. If you are willing to save money, a savings account is the best option for you and CoiniWelt is providing a safe place for this type of product. In order to open a savings account, you should first create an account with the broker.
In order to facilitate customers in a better way, CoiniWelt is offering different account types and each account type has specific characteristics with a particular minimum deposit limit. For example, the basic one comes up with fundamental things needed for the trading process. Similarly, the most premium account enriches you with top-rated facilities, which are not provided by any other broker. I will write necessary details about these accounts and one can select depending on his requirements and investment limit.
If a trader wants to start only with $250, then a Basic Account is the best deal for him as it also opens with an amount of $250. On the opening of the account, you will receive a welcome bonus of up to 20%. The most remarkable characteristic is that a user can make use services of an account manager 24 hours in five days a week. This deal is a good opportunity for new users who can learn things about trading as the company is also providing an access to an education center.
The Standard account is more complex than the Basic one because it equips traders with more trading facilities. The minimum amount set for the opening of the Standard Account stands at $2500. The welcome bonus has increased from 20% to 25% with customer support of 24/5. The account manager is available to assist traders in making successful trades. With educational access, one can learn the tactics and tips, which are needed to do the winning trades. With the Standard account, the company has also mentioned the availability of trading alerts.
Instead of the account manager, the senior account manager will serve trades in designing the best portfolio for trading. All features of Basic and Standard accounts are available for Silver account holders. The customer support agents are ready 24-hours a day to listen to the queries of customers. The owners of the account can also enjoy live Webinars. You must have to deposit at least $5,000 to open a Silver account. Traders can avail of the welcome bonus of 30% on the opening of the Silver account.
You must have at least $10,000 to open a Gold Account that can provide an opportunity for you to enjoy a welcome bonus of 40%. Facilities of previous accounts are also present for the traders, including 24/5 support, senior account managers who are holding the gold account. Besides facilities of live Webinars, trading alerts, and education center, it is also offering expert analyst trading sessions. What’s more, the users of the site will not have to submit withdrawal fees.
After you deposit $25,000, you can successfully create a Platinum account featuring multiple trading facilities. Users of the Platinum account can enjoy the expert analyst trading sessions along with VIP services. It is the best investment deal for investors who can invest a moderate amount of money on traded objects.
VIP Account is a premium one that is fit for those who can invest in thousands of dollars. So, it is the best investment deal for millionaires. The trading features available along with it include a 50% welcome bonus, 24/5 support, education center, expert analyst trading sessions, trading alerts, live Webinars, no withdrawal fee, VIP services, Free Saving Account, and daily personal trading sessions.
The customer support section of CoiniWelt is open 24/5 as customer agents respond to queries and questions of customers on time. Almost all of the leading brokers consist of top-notch customer support which runs by a team of professional members having years of experience in this field. If you want to know about the deposit or withdrawal process, you can simply contact the support agents of CoiniWelt.
Traders and investors are totally satisfied with the support service of the broker as represented by positive reviews by the users over review sites. As I have personally used it for the trading of instruments, I can say that the customer support team of CoiniWelt cooperates in the very best way.
A trader can register his complaint in different ways. They have given an email address for support purposes as you can write your proper issue and send it to the email shown at the end of the site. If the customer support agents are not responding to you, you can use the service of “Call Back.” From Monday to Friday, you can type any issue to the support team of the CoiniWelt.
Professional Trading Education
Education is an additional feature of CoiniWelt as most of the trading brokers do not offer this facility. With this section, the company enriches traders with the most advanced tips and tricks of modern-day trading because strategies of trading have changed over a course of years. The educational content of it will make you an expert trader that makes only winning bets over trading objects. You cannot access the education center without opening an account with the platform. It consists of everything which you require to earn a profit after making successful trades. Once you learn the necessary information about the trading process, you can earn a profit in a large amount. As CoiniWelt is also proving an option for account managers, you can also plan trading sessions with these account managers. With education access, your chances of winning will definitely increase.
In live Webinars, you can also gain a lot of things that are an integral part of trading. So, it is a big opportunity for traders to gain a piece of extensive knowledge about the trading space that is vast in nature.
Experienced Team of CoiniWelt
The team of CoiniWelt is well experienced as the company has established its name in the list of brokers, which are highly secure and credible from all perspectives. Behind every successful firm, there is a major role of the team, which is also present in the case of CoiniWelt. The first interaction of a user is at the time of registration, which is smooth and easy. It is also a remarkable thing done by the staff of CoiniWelt that different account types target users of the different range which are more beneficial for customers. The advanced security and multilayers of encryption are also a result of the team’s dedication and hard work. Similarly, the working agents who control the support section are experienced and have years of experience in this particular field. Once you make your commitment to the brokerage firm, the experienced team will take responsibility for both your funds and information.
Deposits and Withdrawals
The ease of deposits and withdrawals is such an interesting feature of CoiniWelt that one will definitely praise it. For deposits, popular payment methods, including credit cards, Wire Transfers, and online payments, are available over the platform for your ease.
With some brokers, it becomes very difficult to withdraw funds as they demand very long details from your side. But CoiniWelt does not await you for a long time as you can withdraw your funds instantly without any kind of hurdle. The most attractive thing related to the withdrawal process is that it does not charge fees on withdrawals. So, one can withdraw funds free of cost, which is a unique feature of the Forex broker. However, in order to comply with the anti-money laundering policy, it will ask you to submit necessary information, but it will not create difficulty or a problem for you.
Friendly User Interface
New users usually demand a friendly user interface because a complex interface creates many problems for them. Therefore, CoiniWelt has created a simple and interactive user interface, which makes the whole navigation process smooth and easy. Both new and professional traders will find the user interface the most remarkable among the trading brokers that you will not see in any other trading firm. Buttons for functionalities are integrated at appropriate positions, which do not create a fuss over the landing page.
Over many sites, merging of many things at the same place create many difficulties for people who are new to the platform. To complete the withdrawal or deposit process, you will have to go through two to three simple steps and after then you will reach your destination. If something is complex or creating some kind of issue for you, you can contact the support team of the broker. Users who already use it have expressed very positive comments about its user interface.
Before you join any trading broker, you must check whether it has complied with a proper regulatory body or not. If a Forex broker is not a registered entity then you should not deposit into it as it is a fake broker that scams money out of traders and investors. Normally, it happens with new ones who have a little knowledge about these minor details. Professional traders, on the other hand, cannot be manipulated by these fake trading firms.
To avoid such scams, a new user should check about its compliance nature and its registration with a regulatory entity. In case of any doubt, a trader must leave the site and should go for the next one. CoiniWelt has also applied true Anti-Money Laundering (AML) and Know Your Customer (KYC) policies that block any kind of illegal activity. As there are many forms that are involved in money laundering, so it is a very difficult task to find a real broker specialized in Forex trading. Based on my personal experience and reviews of other users, I can assure you that it is a very real trading site that suits your needs and requirements.
As mentioned over the site of CoiniWelt, you can enjoy the latest technology that is designed only for Forex trading. A trader can bet over assets via an opening on the web instead of downloading the application of the broker. The user interface of the trading platform employed for CoiniWelt is interactive and user friendly, which help both professional and new users in making trades with ease. As per the site information, CoiniWelt is supporting up to 300 tradable assets. What’s more, it also offers a variety of trading orders, which make it a versatile brokerage platform.
To execute trades, the company has rolled out top-notch metrics and indicators, which are important for successful trading. It offers an extensive list of trading tools that help both new and experienced traders during the time of trading. Over the trading platform of CoiniWelt, the orders execute at a very high speed. Once you become familiar with the trading platform, you can feel as an expert in the field.
Some people want those trading sites that also offer the facility of the mobile app. People of the modern world make extensive use of their mobile phones a lot more than their computers or laptops. For them, a mobile app is the most useful thing which they can use wherever they go. CoiniWelt has also introduced its mobile application equips with all required options and functionalities. One can use the mobile application of CoiniWelt on both android and IOS systems. You can download it from the App Store or Play Store depending on the type of mobile phone. With the mobile app, you can trade assets anytime and anywhere. Thus, you should use the mobile application of CoiniWelt for a better experience.
Once you register yourself with CoiniWelt, you will become addicted to it due to its remarkable features. As a regulator trading broker, it makes your funds safe and secure with top-notch security layers while taking care of AML and KYC policies. In performance, CoiniWelt surpasses all other Forex trading brokers as it assists traders and investors in making a big profit due to the availability of multiple currency trading pairs.