✔️ Information reviewed and updated in October 2024 by Eduardo López

IS CoinmegaTrade RELIABLE? OPINIONS

In this article I will examine CoinmegaTrade. Is the forex, cryptocurrency, indices, stocks and commodities broker CoinmegaTrade (with coinmegatrade.com website) really reliable? Is it safe to invest your money in this company? I will analyze this entity in depth.

I will explain to you why I consider CoinmegaTrade to be a VERY UNRELIABLE company AND I CONSIDER IT UNSAFE. BE CAREFUL WITH THIS TYPE OF BROKERS!


ℹ️ BROKER DATA:

There are two fundamental aspects to consider: (1) regulation and (2) the location of the company. These are crucial elements to evaluate the seriousness and reliability of a company.

Is the company unregulated or regulated in a country with low standards? Does the company have a dubious location or does it not even mention its location? These are essential questions for any investor when evaluating confidence in the company.

DetailsAbout the company
???? AddressWenlock Road 20-22, N1 7GU, London, United Kingdom
📧 Email[email protected]
🛡️ RegulatoryNot specified
🌐 Websitecoinmegatrade.com
📄 Attend the eventNot specified
💳 Payment methodsNot specified
Company typecurrency, cryptocurrencies, indices, stocks and raw materials broker
🕑 Age of the siteRegistration date: September 17, 2023 (very recent)
???? Live ChatNot available
(I.e. CompanyNot specified

📞 PHONE LIST:

The company does not provide any contact telephone number. The absence of media is worrying to me. It is not something common.


💰 DEPOSITS AND ACCOUNTS:

Below I present a brief analysis of the different types of accounts that CoinmegaTrade offers. They are classified into 4 categories. Below is a table with additional information on the minimum deposits required for each account type.

ACCOUNT TYPEINITIAL DEPOSIT REQUIRED
VIP MEMBERSHIP$5,000
FOREX SIGNAL SUBSCRIPTION$20,000
PREMIUM$1,500
STARTER$600


🌐 WEBSITE:

Below, you can see the company's website and a brief analysis of it:

CoinmegaTrade website
  • Age of the website: The domain “coinmegatrade.com” was registered on September 17, 2023. This indicates that it is a relatively new site. 🚩
  • The site does not reveal information about its owner, reflecting a significant lack of transparency. 🚩
  • As I mentioned above, the company does not indicate that it is regulated, suggesting that it could be an unregulated entity. 🚩

⭐ CoinmegaTrade OPINION:

After evaluating the company, I have reached the following conclusions:

1) The company does not provide details about its regulation. This suggests that it may not be regulated, which is an indication of a possible lack of official oversight.

2) Although the company claims to be located in the United Kingdom, I have reason to doubt the veracity of this claim. I recommend being cautious about possible deception attempts.

3) The company seems to have a very short history. The domain “coinmegatrade.com” was registered on September 17, 2023, indicating that the site is relatively new.

4) There are multiple complaints and negative comments about the company online, contributing to a widespread poor reputation.

5) The website files complaints with the following financial regulatory bodies: FCA, UK Financial Authority. This reinforces the idea that the company may be high risk.

6) The company has been identified as potentially dangerous due to its recent appearance and lack of clear information. Extreme caution is advised before considering any investment.

“To be honest, I would not invest in this company: it is not regulated, and the lack of information about its ownership is worrying. “I cannot recommend a company with these characteristics.”


💬 WHAT TO THINK OF A COMPANY LIKE CoinmegaTrade?:

Attention with CoinmegaTrade! The domain “coinmegatrade.com” was registered on September 17, 2023, indicating that the website is relatively new and lacks a long history. This recent creation is a warning sign that should not be taken lightly.

The website also suffers from a notable lack of transparency, as it does not reveal information about its owner. This omission is significant and suggests potential trust issues. Furthermore, the lack of details on the regulation indicates that the company could be operating without official oversight, which is a considerable concern.

Although CoinmegaTrade claims to be based in the United Kingdom, there are doubts about the veracity of this claim, which could be an attempt at deception. The company has also received multiple complaints online, contributing to a poor reputation. The complaints to the FCA, the UK Financial Authority, reinforce the perception that CoinmegaTrade could be high risk. In short, its short age, lack of transparency, and negative reputation make it prudent to proceed with extreme caution.


📣 LATEST UPDATES:

1) August 2024 update: la FCA, Financial Authority of the United Kingdom, has denounced CoinmegaTrade.


✔️ CLAIM MONEY FROM CoinmegaTrade:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can recover your capital.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT CoinmegaTrade:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is CoinmegaTrade?

CoinmegaTrade is an investment broker in forex (currencies), cryptocurrencies, , stock indices, actions y raw Materials .

Is CoinmegaTrade reliable?

In my experience, CoinmegaTrade is not a company I would trust. There are several signs that indicate a lack of transparency and potential security issues. I recommend being very cautious when considering any type of association with this company due to the potential risks it may entail.

How to get money back from CoinmegaTrade?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Is CoinmegaTrade a scam – is it a scam?

In my opinion, that's how it is. I am firmly convinced that CoinmegaTrade operates fraudulently. This belief is based on various worrying features of the company, such as adverse reports and dubious business practices that have been highlighted by users and industry specialists. My advice is to completely avoid any type of commercial relationship with this entity due to the significant risk it represents.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month. .


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (120 votes)

2 comments on «IS CoinmegaTrade RELIABLE? OPINIONS»

  1. Alejandro Reply

    This company is a scam. They scammed my father, don't do it, listen to me.

    • reliableforexbroker.com Reply

      Hello Alejandro, CoinmegaTrade is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

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