Company Overview
| Company Name: | Coinlic |
| Website: | coinlic.com |
| Registered Country: | China |
| Regulation Status: | N/A |
| Operating Since: | 2022 |
| Trading Platforms/Methods: | N/A |
| Leverage Offered: | N/A |
| Minimum Deposit/Deposit Bonus: | N/A |
| Available Assets to Trade: | N/A |
| Demo Account Availability: | N/A |
| Customer Support Contact Methods: | N/A |
Red Flags Indicating It is a Scam
-
Lack of regulatory oversight raises concerns about its legitimacy.
-
Negative user reviews often highlight withdrawal difficulties.
-
Promises of unrealistic returns, a common red flag in scam scenarios.
-
Insufficient transparency regarding operational practices.
-
Often appears on scam awareness lists.
License and Regulatory Issues
Upon attempting to check the regulatory status of coinlic.com, no valid licensing information was found across major regulatory bodies such as FCA, SEC, or ASIC. This absence of a regulatory framework raises substantial concerns about the integrity of its operations. Additionally, trust-score checks from platforms like ScamAdviser indicate a low or unknown trust rating, further underscoring the questionable nature of this entity.User Feedback
User sentiment regarding coinlic.com tends to lean negative, with many comments across various forums and review sites expressing frustration over withdrawal issues and lack of support. Common themes in feedback include:-
Complaints of delayed fund retrievals.
-
Unsatisfactory customer service experiences.
Deposit and Withdrawal Methods
Details regarding deposit and withdrawal methods for coinlic.com are largely unknown, suggesting a lack of transparency. Many users have reported difficulties in withdrawing their funds, which is a serious warning sign when engaging with any online trading platform.Why Unregulated Brokers Are Risky
Unregulated brokers like coinlic.com present significant risks, such as the absence of investor protections and limitations on dispute resolution mechanisms. This lack of oversight often leads to increased exposure to fraud and difficulties when attempting to recover lost funds.How Can “ReviewsAdvice” Help You If You Get Scammed?
Unfortunately, recovering funds lost to a scam can be challenging. However, “ReviewsAdvice” can help by:-
Raising awareness: By exposing potential scams, we can help others avoid similar pitfalls.
-
Providing resources: We offer guidance on identifying fraudulent brokers and reporting scams to relevant authorities.
-
Actionable support: We will provide you recovery service recommendations, which will help you in recovering the lost funds or you can report your case here for assistance.
