Coinic AI has been flagged by British Columbia Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Coinic AI had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Intuitive for beginners|Copy trading available|Multiple order types
Cons: Limited cryptocurrency options
Several red flags with Coinic AI: (1) They promise unrealistically high returns, (2) They're not registered with British Columbia 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.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
The reporting at Coinic AI is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Fast support response|Dividend tracking
Cons: Some tools only available on higher tiers
I requested my data from Coinic AI under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: High security standards|Comprehensive tools|Two-factor authentication|Excellent charting
Cons: Limited ETF selection|No dark mode on mobile
After using Coinic AI for a few weeks now, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Economic calendar|Demo account available|Detailed reporting|Real-time alerts
Cons: None so far
I had high hopes for Coinic AI after reading several online reviews, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Clear documentation|Wide product range|Helpful community forum|Dedicated account manager
Cons: Search feature is basic
My withdrawal request from Coinic AI has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Multi-device support|Multiple order types
Cons: Desktop app not available on Linux|Onboarding videos are outdated
Coinic AI advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Demo account available|Tax reports included
Cons: Limited cryptocurrency options|Limited social trading features
I was contacted by Coinic AI through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Professional looking website
Cons: Lost entire investment|Reported to authorities|Unresponsive