Cascoins has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Cascoins found at www.cascoins.com is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Several red flags with Cascoins: (1) They promise unrealistically high returns, (2) They're not registered with Ontario Securities Commission, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Not registered with regulators|Unrealistic promises
The only good thing about Cascoins is that they remind you why regulation matters. I found them after my brother mentioned them. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Segregated accounts|Easy to use platform|Regular updates|Easy withdrawals
Cons: Cannot customize dashboard fully
After spending since I retired last year trying to make Cascoins work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Professional team|Excellent charting|Quick verification|Competitive fees
Cons: Slow to add new assets|Some tools only available on higher tiers
I invested $5,000 with Cascoins after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Ontario Securities Commission.
Pros: Initially responsive customer service
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
My withdrawal from Cascoins was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since the beginning of the year of being strung along.
Pros: Dividend tracking|Low minimum deposit|Regular platform improvements
Cons: No crypto staking