Coin Wealth Trade has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Market...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I had a dispute with Coin Wealth Trade and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Good analytical tools|Detailed reporting|Market news feed|Dedicated account manager
Cons: No fractional shares|No phone support on weekends
I closed a profitable position at Coin Wealth Trade and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Personal attention|Competitive fees
Cons: Minimum deposit could be lower|Could offer more webinars
Do not use Coin Wealth Trade for anything serious. I used them for about five months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Helpful community forum|Reliable uptime|Automated trading options
Cons: Desktop app not available on Linux
My card was charged twice by Coin Wealth Trade on the same day. I had to dispute it with my bank. Coin Wealth Trade then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Easy to use platform|Tax reports included
Cons: Onboarding videos are outdated
After since I opened my account last year with Coin Wealth Trade I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Tax reports included|Quick verification|Market news feed
Cons: No phone support on weekends
I looked into Coin Wealth Trade and found they appear in the regulatory warnings database. Financial Markets Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
Tried to withdraw my funds from Coin Wealth Trade and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Professional looking website
Cons: Lost entire investment|Reported to authorities|Unresponsive
Opened my account with Coin Wealth Trade after attending a webinar they hosted and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Instant funding|Easy withdrawals|Fast execution|Smooth onboarding
Cons: No crypto staking|None so far
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Coin Wealth Trade recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: API access|Good analytical tools|Clear documentation
Cons: Wish they had more educational resources|Help articles are sometimes vague
The only good thing about Coin Wealth Trade is that they remind you why regulation matters. I found them through a financial advisor. 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: Copy trading available|High security standards|Helpful community forum
Cons: Could offer more webinars