Coinperday has been flagged by Financial Conduct Authority 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.
Coinperday has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Segregated accounts|Dividend tracking|Wide product range|Great customer service
Cons: Minor UI glitches occasionally
My withdrawal from Coinperday 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 a few weeks now of being strung along.
Pros: Market news feed|Easy withdrawals|API access|Fast support response
Cons: No live chat on mobile|No crypto staking
Several red flags with Coinperday: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (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: Unauthorized firm|Found in IOSCO warnings database
What really bothers me about Coinperday is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them from a blog post comparing services and I fell for the polished exterior. Never again.
Pros: Stable platform|Two-factor authentication
Cons: Spreads widen during volatile periods
Where do I even begin with Coinperday? for about five months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Two-factor authentication|Multi-currency support
Cons: Inactivity fee applies after 12 months
I experienced a security concern with my Coinperday account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Smooth onboarding|Multi-currency support
Cons: No crypto staking
I wanted to transfer my portfolio from another broker to Coinperday. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: High security standards|Demo account available|Copy trading available
Cons: No phone support on weekends|Some tools only available on higher tiers
I had high hopes for Coinperday from a review site like this one, 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: Copy trading available|Good analytical tools
Cons: Alert system is basic
The spread at Coinperday is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after doing extensive research and initially thought the platform was good - until I started trading seriously.
Pros: Easy to use platform|Fast execution|Smooth onboarding|Dividend tracking
Cons: Wait times can be long during peak hours|Charting tools need more indicators
KYC with Coinperday is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Low minimum deposit|Regular updates
Cons: Wait times can be long during peak hours