Score
Coinsoft
Saint Vincent and the Grenadines|2-5 years| https://www.coinsoft.io/#/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Saint Vincent and the Grenadines
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
coinsoft.io
Server Location
United States
Website Domain Name
coinsoft.io
Server IP
34.96.78.139
Company Summary
| Coinsoft Review Summary | |
| Founded | 1994 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Currencies, commodities, stocks and indices, etc. |
| Demo Account | Available |
| Leverage | Up to 1:400 |
| Spread | From 1.5 pip |
| Trading Platform | A web-based paltform |
| Min Deposit | $250 |
| Customer Support | Email: support@coinsoft.ioPhone: +442030975412, +442030975413 |
Coinsoft Information
Coinsoft is a hedge fund dedicated to corporate clients, headquartered in Saint Vincent and the Grenadines, founded in 1994, offering clients a web-based trading platform with over 200 tradable assets, leverage up to 1:400 and variable spreads, and seven different account types to choose from.
Pros and Cons
| Pros | Cons |
| a variety of instruments provided | Unregulated state |
| Seven types of live accounts | Inaccessible official website |
| Available Demo account | Unclear information of fees |
Is Coinsoft Legit?
Coinsoft right now is not under any effective regulation of financial institutions.
What Can I Trade on Coinsoft?
Coinsoft offers more than 200 financial market trading instruments, including currencies, commodities, stocks and indices.
| Tradable Instruments | Supported |
| Commodities | ✔ |
| Currencies | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Futures | ❌ |
Account Types
First of all, a demo account is available.
In addition to demo accounts, Coinsoft also offers seven live trading accounts, namely Basic, Bronze, Silver, Gold, Platinum, Diamond and Black. The minimum deposit for opening a basic account is $250, while the minimum initial capital requirements for the other six accounts are $1,000, $3,000, $7,000, $15,000, $25,000 and $50,000+. The maximum deposits for the first six types of accounts are $1,000, $3,000, $7,000, $15,000, $25,000, and $50,000, with no limit for black accounts.
| Basic Account | Bronze Account | Silver account | Gold account | Platinum account | Diamond account | Black account | |
| Minimum Deposit | $250 | $1,000 | $3,000 | $7,000 | $15,000 | $25,000 | $50,000+ |
| Maximum Deposit | $1,000 | $3,000 | $7,000 | $15,000 | $25,000 | $50,000+ | no limit |
Leverage
Coinsoft offers leverage ratios ranging from 1:100 to 1:400.
Coinsoft Fees
The spread of major currencies against EUR/USD appears to be no less than 1.5 points.
Trading Platform
A web-based platform is given by Coinsoft to serve for clients.
| Trading Platform | Supported | Available Devices | Suitable for |
| A web-based platform | ✔ | Website-based devices | Investors of all experience levels |
Deposit and Withdrawal
Coinsoft users can make deposits and withdrawals through Wire Transfer, MasterCard, VISA, Skrill and Maestro. There is a minimum deposit of $250 and a minimum withdrawal of $50, with a flat fee of $30 per withdrawal.
In addition, traders holding different account types can enjoy different free withdrawal times. For example, the first withdrawal is free for a copper account, 5 free withdrawals for a silver account, 10 free withdrawals for a gold account, and unlimited free withdrawals for a platinum or diamond or black account.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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