Cryptocurrency Exchanges

CoinMall

1.5 (11 reviews)
🇺🇦 Ukraine
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1.5
11 reviews
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About CoinMall

CoinMall has been flagged by National Securities and Stock Market 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.

Customer Reviews

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Inactive account fee with no warning

G
Graham A.
4 months ago

Do not use CoinMall 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: Multi-device support|Demo account available

Cons: Limited ETF selection|Withdrawal takes 1-2 business days

Still fighting for my withdrawal

D
Diana T.
5 months ago

After using CoinMall for over three years, 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: Quick verification|Full transparency

Cons: Desktop app not available on Linux

Something doesn't add up here

E
Edward L.
6 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that CoinMall has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Pros: Website looks legitimate on the surface

Cons: Flagged by National Securities and Stock Market Commission|Cannot verify credentials

Do your due diligence first

A
Amy O.
7 months ago

I looked into CoinMall and found they appear in the regulatory warnings database. National Securities and Stock Market Commission 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: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

A cautionary tale

G
George E.
7 months ago

After spending since I opened my account last year trying to make CoinMall 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: Stable platform|Social trading features|Reliable uptime|Automated trading options

Cons: Alert system is basic

Fraudulent fee structure

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Tyler N.
8 months ago

CoinMall 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: Wide product range|Responsive team|Regular platform improvements

Cons: Nothing significant

Indicators are limited and buggy

C
Christina K.
9 months ago

After since mid-2025 with CoinMall, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Regular platform improvements|Dedicated account manager|Easy withdrawals

Cons: No integrated tax optimization|Currency conversion fee exists

Rock bottom service quality

L
Laura Y.
11 months ago

I trusted CoinMall with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Instant funding|Great customer service|Detailed reporting

Cons: Alert system is basic

Scam alert - They took my money

K
Kevin P.
11 months ago

I invested $1,000 with CoinMall 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 National Securities and Stock Market Commission.

Pros: Professional looking website

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Platform crashes at the worst times

C
Chloe L.
11 months ago

CoinMall 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: Competitive fees|Segregated accounts|High security standards|API access

Cons: Nothing significant