CoinePro Review – Is it legit?
| General Information | |
|---|---|
| Broker Name: | CoinePro |
| Broker Type: | Forex |
| Country: | / |
| Operating since year: | 2020 |
| Regulation: | None |
| Address: | / |
| Broker status: | Unregulated |
| Customer Service | |
| Phone: | / |
| Email: | support@CoinePro.com |
| Languages: | English |
| Availability: | 24/5 |
| Trading | |
| Trading platforms: | Proprietary |
| Trading platform Time zone: | - |
| Demo account: | No |
| Mobile trading: | Yes |
| Web-based trading: | Yes |
| Bonuses: | No |
| Other trading instruments: | Yes |
| Account | |
| Minimum deposit ($): | $250 |
| Maximal leverage: | 1:400 |
| Spread: | Floating |
| Scalping allowed: | No |
CONTENT
- GENERAL INFORMATION
- FUNDS TRADING AND SECURITY
- TRADING ACCOUNTS
- TRADING CONDITIONS
- TRADING PLATFORM
- COINEPRO’S TRADING PRODUCTS
- CUSTOMER SERVICE
- CONCLUSION
General Information
CoinePro is a broker that started working in 2020 and was instantly hit with a ton of negative publicity and reviews. They have since redone their website in hopes of starting over. However, the fresh layer of paint on the site didn’t do much to correct the broker’s poor service and malicious behavior.
In our CoinePro review, we’ll provide you with some insight on how the broker functions, as well as why it was so negatively received.
Funds Trading and Security
The foundation of any quality broker is good security. There’s been a surge of scam brokers for quite some time now, so avoiding theft has become a primary concern. Sadly, CoinePro raises all the red flags of a scam broker.
The first issue that should be enough to turn you away on its own is the lack of location info. Finding out where CoinePro operates from is nearly impossible, although some sources claim they’re located, to nobody’s surprise, offshore. If you can’t even find a broker, getting compensation for any irregularities is nothing more than a pipe dream.
Naturally, their lack of specific location is followed by a lack of regulation. So the only security measure you can rely on when depositing your money is trust. But that’s where the next issue arises since many have marked CoinePro as a scam.
In less than a year, they’ve gained so much negative traction that they’ve had to reskin their site to avoid the negative publicity. Positive reviews are hard to come by, and even when you find them, it’s obvious that they are either faked or sponsored. The broker doesn’t show a single quality that would indicate trustworthiness, and unless you want to risk your funds getting stolen, you should avoid doing business with them.
Trading Accounts
The accounts at CoinePro almost perfectly follow the shady broker formula. First off, there’s no demo account, so you need to invest if you even want to try out what the broker offers. Next, the lowest account type requires $250. We’re unsure why, but that exact amount is what most scam brokers ask for, almost like there’s some sort of unwritten agreement.
The next sign is that, while the lowest account requires $250, the next one is quite a bit more expensive. CoinePro decided to make the amount you need to invest for the next type $5000. Beyond that, there are other overpriced accounts that nobody in their right mind would reach.
Other CoinePro.com reviews mostly use their old website, which was riddled with typos and misused terms. We looked at the new one, and while they did improve, there’s still a ridiculous number of mistakes that should’ve been picked up. For example, their middle account is named Standart, and they present their leverage as 200/300/400, as opposed to 1:X.
Typos aren’t a huge deal, but they show an extreme level of sloppiness and carelessness.
Trading Conditions
Even if we disregard that CoinePro is entirely untrustworthy, their trading conditions are entirely underwhelming. To reach acceptable leverage, you need to invest a large amount of money, and none of the other conditions stand out. The broker falsely claims that they’ve got instant transactions, and they use a custom platform while hiding a lot of crucial info. We’d be hard-pressed to find anything positive to say about the trading experience at CoinePro.
Trading Platform
We mentioned earlier in our CoinePro review that they use a self-developed platform. While that isn’t always a bad thing, combined with the absence of a demo account, it makes for another red flag. Custom software is often clunky and has security issues, and in this case, indicates carelessness.
CoinePro’s Trading Products
CoinePro has a dedicated asset page, unlike some other scam brokers. It shows the product categories, containing forex, crypto, commodities, shares, indices, and metals. You can click on each of the categories and see an asset list. That makes for one section of CoinePro’s website that actually shows you what you want to see.
Customer Service
CoinePro was lazy in organizing their customer support team as well, as you can only reach them via email. It’s entirely understandable that, since CoinePro is a scam, they don’t want you to reach them.
Email: support@CoinePro.com
CoinePro Review: Conclusion
If there’s one positive thing to say about CoinePro, it’s that they’re consistent. Their service and website are consistently messy and lazy. Considering that they’re a scam, we assume they would’ve at least done more to lure customers in, but as it stands, we’re uncertain who would even want to use their service.
If you read the rest of our CoinePro.com review, it goes without saying, but you should definitely avoid using the broker’s services.
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Support
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Platform
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Spread
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Trading Instrument
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Poor customer service
The only problem I have encountered is that it is very difficult to get through their customer service every time I need help.
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Arrogant brokers
Very arrogant brokers. They always ask for more money but did not bother to explain what happens to my trades.
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Bad company
Bad company. Do not transact with them.
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Difficult to withdraw money
This broker just ignores you when you want to withdraw your money. If you call them they just promise a payout in 24 hours. But nothing happens. This process is repeated over 4 months.. and they just ignored me.
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Worst broker
Worst than I could ever imagine. I have lost huge money on this. Beware, do not trade with them.
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Technical problems
They have brought to me nothing but problems. They are not profitable and yet there are so many technical problems on their platform.
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Rude customer service
They have multi-lingual support that I guess are also knowledgeable. The problem is, they are very rude and sound unhelpful.
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Bad customer service
Bad customer service. They are very unresponsive and a bit rude at times.
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Do not invest
Do not invest with this broker company. They are very unprofessional when it comes to withdrawals.
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Slow withdrawals
Slow withdrawals and poor trading signals. I have no reason to keep them as my broker. Have traded for a month and have lost all my invested money.
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Not recommended
I will never recommend this broker to anyone. I experience consecutive losses here.
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Inaccurate signals
Will never trade with them again. Signals aren’t accurate and not profitable as well.
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Bad trading experience
Bad trading experience. I have lose money on the trading offers.
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Worst broker
Worst than I could ever imagine. I have lost huge money on this. Beware, do not trade with them.
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Horrible experience
Horrible Experience.They are proven to be scammers.
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Disappointed with this broker
I am truly disappointed when I traded with this broker. They have set very high standards as if services are all great. But extremely unhappy on actual trading, false promotions.
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Slow customer service
Slow customer service. I had a very frustrating experience with this broker.
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Hard to withdraw profit
They gave me hard time in my withdrawal. I will never trade with them again.
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Worst broker
Worst trading broker I have ever dealt with. Avoid dealing with them.
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Slow services
Slow trading services. I always lose trades because they do not attend to trading needs promptly.
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Incompetent
Worst customer service. Very incompetent.
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Poor services
Slow customer service and delayed withdrawals. Do not deal with them, find a different broker to trade with.
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Disappointed with this broker
I am truly disappointed when I traded with this broker. They have set very high standards as if services are all great. But extremely unhappy on actual trading, and false promotions.
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Fraud
Fraud broker company. They are fake so do not deal with them.
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Bad people
Bad people, avoid them by all means.
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Do not deal
They’ve neglected my withdrawal request, they never attend to it. It has been a few weeks now I am still unable to get my money. Do not deal with them.
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Poor services
Poor services. Stay away from this trading company.
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Difficult withdrawals
Poor services, and withdrawals are very difficult and slow.
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Rude brokers
This is not a good broker service. Poor signals and rude brokers.
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Stay away
Stay away from these people. They do not pay profit properly.
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Incompetent broker
Incompetent broker company. I get nothing but losses.
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Bad people
Bad people. I am seeking help from the authorities to get my money back.
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Inefficient tools and services
Annoying trading tools and services are very inefficient.
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Poor forex brokers
Poor customer service. Slow withdrawal process. Inaccurate signals.
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Poor platform
There are so many issues with the platform. Not an ideal software to use.
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Poor signals
The signals are not good. They are used to working elsewhere, on freezing money I guess.
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Inaccurate signals
They are not good trading brokers. They have a few signals that are not accurate.
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Unreliable services
Unreliable services. They are just after your deposit.
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Worst broker
They are the worst broker I have ever dealt with. I deposited but is not able to get my money back.
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Difficult withdrawals
Slow and difficult withdrawals. As if they don’t want to pay profit.
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Scam-broker
Stay away from them. They are scam-broker.
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Arrogant
Unhelpful customer service and arrogant brokers.
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Scam-broker
Stay away from this scam-broker. They have caused me so much miseries.
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Slow withdrawals
Super slow withdrawal process, very annoying. I gain profit however I am unable to withdraw them.
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Pure gambling
Pure gambling. No one wins here.
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Terrible trading partner
Terrible trading partners. They are just after my hard earned money.
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Worst broker
The worst trading broker. Do not deal with them.
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Cheaters
They cheat people. Stay away from them.
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Poor services
Poor services. I am not recommending them.
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Worst signals
Do not deal with this broker service. Signals are one of the worst.
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Worst broker
Worst than I could ever imagine. I have lost huge money on this. Beware, do not trade with them.
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Poor broker services
Not a good broker to trade with, it took them a very long time in processing withdrawal. Customer service are also very unresponsive.
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Unable to withdraw
I had issues withdrawing money. Be careful not to choose this broker. A lot of trouble withdrawing money.
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Disappointed with this broker
I am truly disappointed when I traded with this broker. They have set very high standards as if services are all great. But extremely unhappy on actual trading, and false promotions.
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Bad customer service
Irresponsive brokers and bad customer service.
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Technical problems
They have brought to me nothing but problems. They are not profitable and yet there are so many technical problems on their platform.
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Slow customer service
Slow customer service. I had a very frustrating experience with this broker.
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Huge fees
There are huge fees and charges. I even notice my funds deducted before the account goes live.
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Horrible experience
Horrible Experience. They are proven to be scammers.
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Bad trading experience
Bad trading experience. I have lost money on the trading offers.
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Stay away from them
Stay away from their offers. They are fake brokers.
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Scam offers
Keep yourself safe from their scam offers. I have lose so much on this.
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Bad people
I was convinced to trade with them and lost all my money in a snap. Avoid them, they are bad people.
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Bad broker
They did not help me fix my trading problem but asked for more money instead. Bad broker
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Worst trading platform
Worst trading platform. There are so many technical problems encountered during trading. It greatly affects my trade results.
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Difficult withdrawals
Poor services, and withdrawals are very difficult and slow.
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Bad broker
I regret opening an account with them. They’ve just stolen my hard-earned money and now left me with nothing.
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Poor broker
Not profitable to trade with. Poor broker performance.
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Not recommended
Very difficult to request withdrawals. Not recommended.
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Disappointed with this broker
I am truly disappointed when I traded with this broker. They have set very high standards as if services are all great. But extremely unhappy with actual trading, and false promotions.
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Bad company
Bad broker company. Do not trust your money with them.
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Withdrawal takes time
Withdrawal here takes time. I waited for a few weeks before I got mine and so I decided to close my account.
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Slow customer service
Slow customer service. They are not good at all.
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Technical issues
Worst trading tools I have ever used. There are so many technical issues.
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Have lose more money
I was hooked to join this trading company due to sweet promises. But I end up losing more money.
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Poor services
Poor services. Stay away from this trading company.
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Not legit
Not a legit trading broker. Do not invest money here.
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Unpleasant customer service
Very unpleasant customer service. They are bad-mannered and are very unhelpful.
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Terrible broker
A terrible trading platform and services. Do not trade with this broker company.
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Not a good broker
This is not a good broker to deal with, withdrawal is really very slow and customer service are very rude.
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Hard time on withdrawals
They give me hard time on my withdrawal request. I was not able to get my money from them.
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Hard time on withdrawals
They give me hard time on my withdrawal request. I was not able to get my money from them.
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Poor signals
Poor signals and slow withdrawals. Will not trade with them again.
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Drastic price increase
While it is true that they have transparent price history, I have noticed a constant price increase. I wonder if price increases are normally drastic, it is my first time trading.
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Poor platform
There are so many issues with the platform. Not an ideal software to use.
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Poor signals
Poor signals and slow withdrawals. Will not trade with them again.
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Worst broker
The worst trading broker I have ever dealt with. Avoid dealing with them.
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Poor services
Slow customer service and delayed withdrawals. Do not deal with them, find a different broker to trade with.
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Difficult withdrawals
Slow and difficult withdrawals. As if they don’t want to pay a profit.
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Difficult withdrawals
Poor services, withdrawals are very difficult and slow.
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Inaccurate signals
They are not good trading brokers. They have a few signals that are not accurate.
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Slow withdrawals
Slow withdrawals. There are so many withdrawal issues.
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Slow customer service
Slow customer service. They are not good at all.
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Slow services
Slow trading services. I always lose trades because they do not attend to trading needs promptly.
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Poor services
Slow customer service and delayed withdrawals. Do not deal with them, find a different broker to trade with.
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Poor platform
There are so many issues with the platform. Not an ideal software to use.
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Poor platform
There are so many issues with the platform. Not an ideal software to use.
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Poor support
I never get the support that I needed in trading. They always ignore my messages.
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Do not trade here
Do not trade with them, you will never get your money back.
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Not recommended
I do not recommend this broker company. They are not good trading partners.
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Slow withdrawals
Slow withdrawals. Customer service is good but they can not improve on the withdrawal process.
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Do not deal
Most of the trading advice is irrelevant. Do not deal with them.
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Slow withdrawals
Slow withdrawals. I am so frustrated with all the hassles I have gone thru.
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Illegitimate broker company
Stay away from this broker company. They are unregistered and illegitimate broker companies.
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Horrible experience
Horrible Experience. They are proven to be scammers.
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Scam company
Scam company. They took all my money.
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Unreliable
Unreliable trading signals and services to trade with. I’d rather trade on my own.
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Scam company
Scam company. They took all my money.
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Not impressive
Not a competitive broker for forex trading. Strategies are the usual, nothing new, nothing impressive.
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Not an ideal forex broker
Not an ideal broker for online trading. They can’t even come up with a good market analysis.
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Poor trading solutions
Poor trading solutions. They are not even skilled and regulation is questionable.
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Annoying brokers
I find these brokers very harassing. They are very aggressive and persistently ask for more money, as if they wouldn’t take no for an answer. Very annoying.
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Slow withdrawals
Very slow withdrawals and there is a great delay in support and broker responses. I will change this broker to someone better.
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Scam company
Scam company. They took all my money.
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Bad people
I was convinced to trade with them and have lost all my money in a snap. Avoid them, they are bad people.
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Scammers
Stay away from them. They are goons and scammers.
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Slow customer service
Slow customer service. They are not good at all.
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Poor services
Slow withdrawals. Poor services.
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Scam-broker
Stay away from them. They are scam-broker.
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Scam-broker
Stay away from them. They are scam-broker.
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Poor forex broker
Do not be deceived by their strong marketing strategies, they will show you heaven but actual trading will give you hell. I have lost so much money on this, be careful.
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Bad broker
Trusting this broker was my biggest mistake. They have stolen all my money.
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Do not invest
Do not invest with this broker company. They are very unprofessional when it comes to withdrawals.
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Slow withdrawals
Very slow and difficult withdrawal process. I do not recommend trading with this broker.
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Poor customer service
Poor customer service. They are not skilled in forex trading.
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Poor platform
There are so many issues with the platform. Not an ideal software to use.
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Pure gambling
Pure gambling. No one wins here.
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Worst services
They claim to have the best services but when I’m trading with them, services are worst.
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Bad broker
I started trading with them last week but immediately I notice something very fishy is goin’ on and so I have to quit.
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Rude brokers
I had the worst experience with this broker. They are very rude and unreliable.
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Be careful
Be careful not to give in to their deceptive scheme. They will just take your money away.
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Slow withdrawals
Slow withdrawal process. I have waited too long for a simple withdrawal.
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Worthless broker
Worthless trading broker. Do not attempt to trade with them.
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Bad customer service
Bad customer service and poor trading signals. I can not recommend this broker, they are not good enough.
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Bad company
Bad broker company. Make sure not to deal with them.
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Bad broker
I want my money back. Correct your judgment, I did not violate anything.
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Expensive
The most expensive trading instruments. I end up paying more. Not worth trying.
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Fake broker
Pretending to be a regulated and good broker. Everything here is fake.
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Poor platform
There are so many issues with the platform. Not an ideal software to use.
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Unreliable signals
I stopped trading with this broker. Signals are unreliable.
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Bad services
Bad trading services. They do not process withdrawals and ignore you after the deposit stage.
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Do not invest
Do not invest with this broker company. They are very unprofessional when it comes to withdrawals.
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Do not trade here
Do not trade here. They do not approve withdrawals no matter what.
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Unregulated broker
Unregulated trading broker. too late when I found out, I already lost so much money.
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Pure gambling
Pure gambling. No one wins here.
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Stay away from them
Stay away from their offers. They are fake brokers.
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Poor offers
Poor offers. Do not deal with them.
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Poor trading signals
Most of the time market forecasts are not accurate and broker signals are not helpful. As if it is better trading alone than having them as advisers.
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Do not pay profit
Do not pay a profit. So many lame excuses.
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Scam offers
Keep yourself safe from their scam offers. I have lose so much on this.
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Inaccurate signals
Inaccurate trading signals and poor customer service. Do not deal with them.
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Not a trusted broker
I cannot fully trust this trading company. I feel something really wrong is going on.
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Stay away
Stay away from their trading schemes. Not good at all.
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Bad trading broker
Not a good idea to trade with this broker. I have incurred so many losses.
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Stay away
Stay away from them. They rub people’s bank account.
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Dishonest broker
It is a NO for this broker company. They are dishonest and not worth my trust.
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Slow withdrawals
I am not dealing with this broker service again. Poor signals and slow withdrawals.
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Do not deal
Cheaters and liars. Do not deal with this company.
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Poor trading instruction
They only give out half-baked trading instructions. Most of the time I lose money.
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Bad services
Bad trading services. They do not process withdrawals and ignore you after the deposit stage.
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Not satisfied
I am not fully satisfied with the services I am getting from this broker, not happy with my profits either.
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Poor trading signals
Something is not right about this broker. They always block my withdrawal request. Signals are often causing losing trades.
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Delayed withdrawals
There is a great delay in withdrawals. This does not happen to me once but this happened for 6 months of trading with them, on all my withdrawals.
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Poor customer service
Customer service is most of the time unavailable to assist in my trading concerns. Could have been a good broker since signals are accurate.
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Poor broker
I do not like the services and so I move out. Have traded with them for a couple of weeks and all services suck.
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Crappy customer service
Crappy customer service. Seldom answers chat and email. It sounded very dull. I am not trading with them again.
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Expensive trading services
The trading instruments, as well as services, are very expensive. Worst they are not delivering the services that I have paid, as if it is useless to pay for their services.
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Unsatisfied
I am not satisfied with the trading services and I am unhappy with the trading results. During the time when I am still trading with them, I always encounter problems with the platform, too.
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Poor trading signals
I am not overall satisfied with the services. Most of the signals are poor and against market movements.
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Bad broker service
Bad broker service. Withdrawals are slow and there are so many requirements.
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Slow withdrawals
Slow withdrawals and there are so many terms to meet. I do not recommend this broker.
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Confusing trading tools
Trading tools are so confusing. I had a hard time understanding the charts.
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Not legit
Not a legit forex broker. Do not trade with them.
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Inaccurate signals
Always gives out signals that are inaccurate. Do not use their signals.
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Worst services
Worst trading service I have ever used. Slow withdrawals and poor signals.
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Bad company
Bad company. Stay away from them.
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Bad experience
Bad trading experience. I have lost huge money on this.
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Hard time on withdrawals
Bad company for online trading. They gave me hard time on withdrawals.
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Poor services
The worst broker I have ever seen. Signals are poor and so are services.
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Scammers
Do not provide any of your information to them., They are scammers.
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Lose money here
I lose money here. Not a good idea to trade with them.
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Avoid them
Unresponsive after deposit. Avoid them.
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Poor company
Poor trading company. Slow customer service.
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Fake broker
Pretending to be a regulated and good broker. Everything here is fake.
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Poor broker service
Not a good broker to deal with. Withdrawals are very slow and tedious.
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Worst broker.
Worst broker. Put them on your do not deal list.
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Do not trade
Worst customer service I have dealt with. Do not trade with them.
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Not a legit broker
Not a legit trading broker. Company information is not even true.
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Beware of this broker
Beware of this broker company. They have run away with my hard-earned money. I am having trouble contacting them and they’ve close my trading account.
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Poor services
Poor broker services. I will never trade with them again, they do not process withdrawals and are really very rude.
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Not a good broker
Not a good trading environment. There are so many issues on the platform and services.
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Bad broker
Services and people seem to be very good at the start. But right after the deposit stage, they began to become worst. Seems to me that they are only after deposits.
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Avoid offers
Something seems really wrong with the offers. Avoid at all costs.
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Poor trading platform
Poor trading platform, I am so worried if this continues, I might lose so much. The technical errors have greatly affected my trades.
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Bad customer service
Bad customer service. For a few months of trading with them, I never had any single good encounter with customer service.
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Worst trading signals
Worst trading signals. I don’t recall gaining any profit from this broker. The trading advice always goes against the market movement. I have used their services for about a month and quit.
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Expensive
With this broker, trading is very expensive. I have tried their services in the past they told me a low initial deposit which I thought is enough to trade but no. When I started trading they ask me to add up because the minimum deposit ain’t enough to trade.
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Unhelpful
Useless broker services. I can’t rely on them for help, can’t even rely on their broker signals. I feel like it is much better to trade on my own, they are not helping at all.
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Poor broker service
I am not happy with the overall performance of this broker service. I am gaining a profit but it is very less and I am charging so many transaction fees.
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Poor customer service
I am very disappointed with their customer service. Aside from the long wait time, they sounded unamused and a bit rude.
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I lost all my money
I was shattered to know that I lost all my money and worst I am unable to withdraw what’s left. They said it is because of certain terms.
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Slow transactions
Slow services. All transactions here are slow.
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Delayed withdrawals
Delayed withdrawal process. And before they approve withdrawal requests you will have to submit a lot of requirements that are almost impossible to provide.
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Not recommended
I never had anything good using their services only losses after another loss. Not recommended.
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Poor offers
Poor offers. Do not deal with them.
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Slow withdrawals
Slow withdrawal process. I have waited too long for a simple withdrawal.
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Rude customer service
Rude customer service. They are not professional enough to assist.
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Unreliable services
Unreliable trading services. Not a good idea to trade with them.
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Unprofessional broker
I regret joining this broker. They are rude and very unprofessional.
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Poor offers
Poor offers. Not worth my time.
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Do not trust
Bad people. Do not trust them.
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Worst signals
Signals are really worst and so are the services. Not worth dealing with.
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Bad company
Bad trading company. Signals are poor and services are inefficient.
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Bad signals
Bad signals and poor trading tools. Not recommended.
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Bad trading company
Bad trading company. They have never been good to me when I traded with them.
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Worst signals
Worst trading signals I have ever used. It is more often than not against the market movement.
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Poor services
Poor services. Do not trade with them
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Worst experience
The worst trading experience I ever had. Have lost so much money and I am so frustrated.
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Bad broker
Don’t believe their offers. They promise heaven and earth but I end up getting nothing.
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Fake broker
Stay away from these people. They are a fake broker company.
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Hard time on withdrawals
Bad company for online trading. They gave me hard time on withdrawals.
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Not a trusted broker
Chose a different broker and avoid trading with this one. They are not trustworthy.
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Shady transactions
Shady transactions. Do not trust them.
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Worst broker
This is the worst broker I have ever dealt with. I deposited but is not able to get my money back.
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Bad broker
They did not help me fix my trading problem but ask for more money instead. Bad broker
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Inefficient
Very inefficient. Are they even trained?
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Cheaters
Cheaters. They lie to people and earn by scamming.
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Do not pay profit
They do not have the ability to pay for profit. Once they got your deposit that’s the end of it. Save yourself from these people.
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Worthless broker
Worthless trading broker. Do not attempt to trade with them.
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Lose money here
I lose money here. Not a good idea to trade with them.
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Gambling
Not a good investment. It’s plain gambling.
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Unreliable services
Unreliable services. They are just after your deposit.
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Fake brokers
They are not real brokers. It shows in the way they talk and the termonologies. These are fake brokers just trying to steal money from people.
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Do not trust
Do not trust them. They scam and steal money from people.
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Does not pay profit
Warning: this broker does not pay profit and comes up with so many excuses to hold withdrawals.
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Lose huge money here
When you deal with this company you will surely end up with nothing. I have lost huge money on this.
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Bad people
Bad people. Stay away from them. They ask me for all my information and took all my hard-earned money.
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Do not deal
Do not deal with them, they scam people.
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Stay away from them
Do not pay for profit. Stay away from them.
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Bad broker
Bad broker. They will take all your money, do not deal with them.
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Rude customer service
Extremely rude customer service, very bad.
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dont get played
so terrible!! they are con artists
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scammers will leave you without a coin!
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