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.
My withdrawal from Coin Wealth Trade 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. for about ten months of being strung along.
Pros: Excellent charting|Multi-device support
Cons: Withdrawal takes 1-2 business days|Help articles are sometimes vague
After seeing ads for Coin Wealth Trade online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Unauthorized firm|Found in IOSCO warnings database
If you are reading this considering Coin Wealth Trade - run. I wish I had read more negative reviews when my bank disappointed me and I searched for alternatives. I thought the positive ones were real. Maybe some are. My experience over for over a year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Demo account available|Fast support response|No hidden fees
Cons: Spreads widen during volatile periods|Inactivity fee applies after 12 months
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Coin Wealth Trade said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Multi-device support|Market news feed|Multi-currency support|Clean UI
Cons: Would like more payment methods
I lost a significant amount because Coin Wealth Trade did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Customizable dashboard|Tax reports included
Cons: No dark mode on mobile|No crypto staking