COINIBANK Review : Fees, Pros and Cons, Reviews by Real Traders

COINIBANK

Operating status: SCAM

Website: https://coinibank.co/

Broker violations and abnormal records

Dec 18, 2022 The Ontario OSC Added COINIBANK into Its Warnings
On 19 Dec 2022, the Ontario Securities Commission (OSC) issued a warning that Marketsxo is not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/coinibank

On 19 Dec 2022, the Ontario Securities Commission (OSC) issued a warning that Marketsxo is not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/coinibank
Feb 21, 2023 BrokersView has reviewed that COINIBANK is an Unregulated Forex Broker
COINIBANK claims to be an online trading Forex and CFD broker while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.
Besides, the Ontario Securities Commission (OSC) issued a warning that COINIBANK was not registered in Ontario to engage in the business of trading in securities. The truth is that COINIBANK is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

COINIBANK claims to be an online trading Forex and CFD broker while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.Besides, the Ontario Securities Commission (OSC) issued a warning that COINIBANK was not registered in Ontario to engage in the business of trading in securities. The truth is that COINIBANK is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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