Cointex claims to be a legitimate investment firm based in the United Kingdom. Although the company is indeed incorporated by the book, this business is unregulated.
Is this an issue and can it jeopardize your trading? Our Cointex Review will provide the answers to those questions and many more regarding the Cointex investment firm.
We suggest you find a licensed provider that operates under reputable jurisdictions, regulated by top-tier financial authorities such as the FCA (UK), CFTC (US), ASIC (Australia), IIROC (Canada), CySEC (Cyprus), BaFin (Germany), CONSOB (Italy), etc.
We found just one trader review. Guess what, it’s a complaint. The lack of reviews is not pleasant in general. For a company that claims to have a solid client base and an impressive turnover, it’s pretty embarrassing.
A total disgrace to a sane society, these hoodlums need to be whisked out. They threaten to seize my investment if I don’t pay some taxes which I saw as illegal…
– Scamadviser user, February 9, 2023.
Did you read the complaint we reposted? The unfortunate trader claims that Cointex demanded an upfront fee in order to fulfill his withdrawal request. It’s crucial to note that this is illegal for a company to do.
Cointex has the right to charge a fee on the amount that the client wishes to withdraw but not to ask the client to pay an additional fee out of his/her pocket. The Cointex withdraw process is, therefore, shady. Please stay away from this scam.
If you need help getting your money back, we can help with the fund recovery process.
On the website, we saw that Cointex provided a link to the company’s private WhatsApp chat. This platform is used to communicate with clients. Other than WhatsApp, Cointex has no other social media platforms. You should avoid trading with unlicensed companies.
When it comes to the trading platform, the Cointex login page says that users can choose “from a variety of trading platforms and assets to create a perfect trading environment.”
Cointex doesn’t go into detail any further. It’s certain that the company doesn’t support valid third-party software such as MT4, MT5, cTrader, or SiriX, which is a big disadvantage for traders.
The financial swindler doesn’t offer a mobile trading app either. That’s because traders aren’t expected to trade; Cointex sees them as targets that are supposed to deposit funds and not withdraw profits.
Cointex is exclusively a crypto trading platform. According to the website, the mysterious platform includes some of the most popular crypto coins:
Let us know if you need assistance in getting your hard-earned money back.
Here is an overview of the investment plans that Cointex offers:
Trading is a pretty unpredictable business. Nobody can guarantee you such lucrative returns on investments in such short periods of time. Please ignore these fraudulent investment plans.
Cointex also offers a 5% cut, i.e. commission for each person you refer or bring into the game. This is a classic Ponzi scheme, a pyramid scam designed to rob as many unsuspecting users as possible so please don’t drag your friends into this.
It is clear that Cointex is pretty careless when it comes to providing a transparent payment policy. In the FAQ section, Cointex support simply says that “we work with various electronic payment systems as Bitcoin.”
So crypto is the game, not good. Crypto payments are extremely hard to trace and they allow scammers to remain anonymous, which is why Cointex listed them in the first place. If you deposited your funds and cannot get them back, we offer our professional services.
Cointex is an unregulated and shady investment firm based in the UK. Since 2021, this fraudulent company has been targeting traders from the US, Brazil, Spain, Colombia, and Nigeria.
Do not invest your money in this platform. You will surely end up with withdrawal issues, which lead to frustration, stress, etc. If you want to avoid the agony, simply book a free consultation with Global Fraud Protection, tell us what happened, and leave the rest to us.
Here you can book a free consultation to find out what you should do.
Cointex is an investment firm based in the United Kingdom that offers crypto trading services.
No. Cointex has been active since 2021 but the company still hasn’t obtained a license. In other words, Cointex is unregulated.
Cointex offers various investment plans. The company offers traders the possibility to invest in cryptocurrencies.
Absolutely not. If you already have, you must contact us as soon as possible. We can help you recover your money.
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