Coinscola review- scam broker complaint

Coinscola Limited is a UK based financial service company. It offers to invest in Bitcoin, Cryptocurrency, and claims to be legally registered. They have a website named coinscola.com which they claim to be reliable and safe, responsive, and 24/7 online access. They also claim to be legally registered in the UK. They provide opportunities to invest. They offer 4 different types of investment plans to bring profits to prospects with instant withdrawals.

The four plans of investment are as follows-

  1. Normal – In this plan, one has to deposit daily for 12 days.
  • Minimum deposit- $10
  • Maximum deposit- $499
  • Return -10%
  • Included principal + Instant withdrawals.
  1. Advanced- In this plan one has to deposit daily for 15 days.
  • Minimum deposit- $500
  • Maximum deposit- $50,000
  • Return -12%
  • Instant withdrawal + Included principal
  1. Superior- After 10 days
  • Minimum- $800
  • Maximum- $10,000
  • Return-150%
  • Instant withdrawal + Included principal
  1. Luxury- After 15 days
  • Minimum- $3000
  • Maximum- $30,000
  • Return- 250%
  • Instant withdrawals+principal included.

They also offer a 3-level Affiliate program with a commission of 5%, 2%, and 1% respectively. Read the full Coinscola review here.

COINSCOLA REVIEW-

The company is situated in London, UK. It was registered on 17th January 2019.

Mr. David Wyatt is the director who is also situated in the UK. What makes this company suspicious is they don’t have any records and no transparency based on which a potential prospect can take an informed decision. Although the company stature is Active. The website is not showing any response. It is registered as a private limited company as share capital. The reviews on the internet claim it to be fraud because they don’t answer inquiries after one invests, they are put under serious allegations & are under severe suspicion.

Should you invest in Coinscola?

Coinscola is said to be blacklisted and warned by regulatory authorities FCA, ASIC, and Cysec. There are enough reasons not to trust this company as it’s not coming to the forefront and clarifying all the allegations which are extremely unprofessional and untrustworthy. Financial investment is sensitive and trust is the only factor that matters the most in any type of investment. It’s better to first research and study before making any investment in such firms by getting attracted to the flashy offers.

Everyone wants their money to work for them while they are busy in their life. We all search for investment opportunities in order to earn passive income. Where there are many genuine sources to do so we should avoid impulsive investment.

The only way to avoid the scam is to check with the regulatory authorities and connected networks who can take certain accountability if anything goes wrong. Also we must keep ourselves updated with the market knowledge and trends because most scamsters take advantage of lack of knowledge as a tool to scam individuals.

 

 

 

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