Today, our attention was drawn to a new, but far from unique in its kind brokerage project COINSWAP, which at first glance makes you want to blacklist it as fraudulent brokers, without even delving into the details. What caused our serious doubts about the integrity of this company, we will tell in the review.
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COINSWAP: is it possible to withdraw funds from a scam broker
Brokers are scammers COINSWAP. Site analysis
The fact that the COINSWAP office is trying to pass off as a full-fledged resource of a serious brokerage organization is only puzzling - this is a cheap template hastily cobbled together from unrelated information blocks. Inner pages copy sections from the main one and are only needed to simulate a solid multi-pager. The content of the site is as trite as its appearance. The abundance of enthusiastic epithets about loved ones is backed up by a complete lack of specific data. However, this is how the heroes of our exposing projects on binarybets.ru usually look like.
The independent site evaluation service appreciated this misunderstanding quite deservedly.
Let's describe the appearance of the main page:
- in the header - logo, menu (about us, benefits, security, contacts, tools) and login/registration buttons;
- account opening button;
- list of popular CFDs on US stocks;
- a block about the mission of the company;
- platform description;
The footer contains a detailed sitemap, information about the company and internal legal documents.
Fraudulent broker COINSWAP: licenses, registration
Let's start a detailed review of data on the COINSWAP office with a small clarification. We voice only our own point of view, which is formed on the basis of information from the company's website and open and reliable verification services. We welcome your desire to share your own opinion or experience in the comments to this article.
In the contacts section on the site of our new acquaintances, there is a phone number, an email box and a feedback form.
The phone number is registered in London and has not been seen in any suspicious activity. However, the fact that the company's office is located in Switzerland should discourage the desire to call even for a consultation. Also, do not write emails or fill out the proposed form - all these are just tricks to replenish the fraudulent database with your personal information.
As for the legal address of COINSWAP, it turned out to be fictitious or incomplete. Google maps couldn't identify it.
Based on this, it was quite expected that this sharaga did not have a Swiss registration.
In the list of their own advantages, our heroes proudly list 25 years of successful work experience, as well as licensing and official regulation.
This legend of pseudo-brokers was dispelled to the nines by the result of checking the domain age, which is reflected in the first screen in our article. The COINSWAP office exists for less than four months.
We did not find any license or at least its number on the site - this statement is absolutely unfounded.
In any case, these comrades definitely do not have permission from the Russian regulator to operate in the field of finance.
A sharp feeling of deja vu was caused by a photograph of employees published in the block about the company.
All familiar faces. These stock images just wander from one scam resource to another.
And the image of an absolutely fraudulent project is completed by the traditional disclaimer of liability for any damage caused to the client contained in the client agreement.
The plans of these scoundrels are obvious: to lure citizens hungry for easy money into their networks with beautiful fairy tales and promises, and then leave them with their noses. More precisely - with an empty wallet. It will be almost impossible to find a virtually non-existent office, not even determined by search engines. As well as to challenge the agreement that customers accept, especially without reading the details.
Brokers (scam) COIN SWAP. Legend
The highly experienced brokerage company COINSWAP positions itself as a client-oriented organization, striving for maximum comfort and satisfaction of all user needs. Among their advantages, the guys voice the following:
- tight spreads 0.1;
- instant execution of orders and provision of free VPS;
- 24/7 customer support;
- multi-billion dollar daily cash flow;
- access to all popular world markets;
- fast deposit and withdrawal of funds without commission;
- powerful trading terminals;
- universal platform with user-friendly interface;
- security and transparency of trading operations;
- licensing and regulation;
- 25 years of successful trading.
It is easy to start earning with the help of a reliable financial conductor COINSWAP - you just need to register and open an account. The size of the minimum deposit, the procedure for accruing profits, as well as the withdrawal of funds by the broker are not announced. Apparently, all these details are clarified only after registration.
And then everything goes according to a fraudulent scheme worked out over the years: the client is bred for a constant replenishment of the account, and you can withdraw money only after paying the extortionate commission, or this function is not provided for by the vaunted platform at all. The swindlers resolve the arising conflict with the deceived client in one spectacular way - they block the account and make their feet along with the money.
COINSWAP Fraud Broker Reviews
We did not find any reviews in Russian about COINSWAP. Due to the exclusively English version of the site or because of the appearance of the site, which is doubtful for a domestic trader, it is difficult to say. But such a low popularity of this scam in Russia is certainly encouraging.
The comments of foreign users found are rather contradictory. But one gets the impression that their laudatory minority is fake.
Is it possible to get money back from a fraudulent broker? It is easier to prevent their loss by reading our reviews and checking the information that scammers post. If you have been deceived by the fraudulent COINSWAP broker, leave comments below this article. Perhaps it is your review that will save someone from losing money.
Bottom line: COINSWAP scam broker, how to get back lost money
As a summary of the study of the activities of the COINSWAP office, we present all the identified signs of a scam:
- cheap and uninformative site;
- fake address and lack of registration;
- lack of licenses, including the Central Bank of the Russian Federation;
- lies about age
- negative feedback.
Based on the foregoing, we can confidently state that withdrawal of funds from a scam broker COINSWAP - impossible.
If you are a victim of COINSWAP and don't know how to get your money back from a fraudulent broker, leave your email in the form at the beginning of the article. We will send you a step-by-step, illustrated plan of action to help you get a refund from a fraudulent broker.