The rise of online trading has created opportunities for people to invest their money and potentially make a profit. However, with this also comes the risk of falling victim to scams and fraudulent activities. One such website that has raised red flags is Coinmeery.com, an unlicensed online trading platform. This article aims to provide an in-depth review of Coinmeery.com, highlighting the potential risks and warning signs associated with this platform.
Company Overview
Coinmeery.com claims to be a leading online trading platform that allows clients to trade various financial instruments, including forex, cryptocurrencies, and commodities. However, upon further investigation, it is clear that the website is not licensed or regulated by any reputable financial authority. This is a significant red flag and should be a cause for concern for any potential clients.
| Broker Name | Coin Meery |
| Website | https://coinmeery.com |
| Location | Cannot identify |
| Regulation | Not Regulated |
| Reviews | Negative |
Team
Coinmeery.com does not provide any information about its team. Without knowing this, it is not recommended to invest in such kind of platform.
Services or Products
Coinmeery.com claims to offer various financial instruments for trading, including forex, cryptocurrencies, and commodities. However, there is little information provided about trading conditions, spreads, and fees.
Trading Platforms
Coinmeery.com claims to offer a web-based trading platform, but there is no information provided about the features and functionalities of the platform. We cannot see any demo or trial option to try this.
License and Regulations
License Status
Coinmeery.com is not licensed by any reputable financial authority. This means that the platform is operating illegally and is not subject to any regulatory oversight.
Regulation Status
Coinmeery.com is not regulated by any reputable financial authority. We searched FCA, FINMA, and other reputable regulatory websites to fund the regulations. But there is nothing to support them.
You also can go through our other scammer lists such as the SEC Blacklisted Companies, FCA Unauthorised Firms List, ASIC Blacklisted Companies, & Bank Guarantee/SBLC Review.
Why Dealing With Unlicensed Brokers Is Risky?
Dealing with unlicensed brokers is risky because there is no regulatory oversight to ensure that the broker is operating in compliance with regulations. This means that the broker may engage in fraudulent activities, such as manipulating prices or stealing client funds. Additionally, clients of unlicensed brokers may not be protected in case of bankruptcy or other financial difficulties.
Legal Warnings Against coinmeery.com
There are no specific legal warnings against Coinmeery.com. However, the lack of licensing and regulation is a significant warning sign and should be taken seriously.
Client Feedback About coinmeery.com
About Trading
Previous clients’ main objections were to its painful trading method. They have problems with their withdrawal methods and profit sharing. The broker did not provide the promised profit to the traders by showing several causes. Also, when the traders wanted to withdraw their money, they delayed the process with several issues, sometimes even account closing.
About Customer Service
Another serious complaint is about their customer service. They have a very bad customer service team. Whenever you will ask them about their trading method or regulation, they will try to ignore you.
How Can Reviewsadvice Help You If You Get Scammed?
If you have been scammed by an unlicensed online trading platform like Coinmeery.com, it is important to take action immediately. You can submit your case to us and we will provide you with a free consultation and will guide you on how to recover the money. We will also provide recovery service recommendations to help you in recovering the money.
Final Thoughts
Coinmeery.com is an unlicensed online trading platform that should be avoided at all costs. It is important to only use reputable platforms that are licensed and regulated by reputable financial authorities to ensure the safety of your investments. If you have been scammed by an unlicensed platform, FXfarmupdate can provide you with guidance and support to recover your funds and take legal action against the fraudulent platform.
