COIN GROW INVESTMENT is a cryptocurrency broker established in 2023, offering trading services for cryptocurrencies, forex, stocks, options, metals, and futures. However, the broker provides unclear information about deposit and withdrawal methods, offering only email customer support and lacking other forms of instant communication channels.
Company Background and Regulatory Status:
COIN GROW INVESTMENT is a broker offering cryptocurrency trading and other services. Though it claims to be headquartered in the UK, the company's entity information is undisclosed, and the registration details are opaque. The office address is The Stable Yard Vicarage Road, Stony Stratford, Milton Keynes, Buckinghamshire, England, MK11 1BN. Its official website https://coin-grow.online/ was registered on November 15, 2023, making it a relatively new entity, not even a year old. Additionally, COIN GROW INVESTMENT is not regulated by any regulatory body. Due to the lack of strict regulation, its cryptocurrency and related services carry a considerable trading risk. Investors should exercise caution when choosing this platform to avoid unnecessary losses. It is advised to prioritize brokers with transparent information and stringent regulation to ensure the safety of their investments.
Trading Products:
COIN GROW INVESTMENT claims to offer trading services for various financial products, including cryptocurrencies, forex, stocks, options, metals, and futures. In the cryptocurrency sector, the company offers 20 crypto assets for trading; the forex products cover over 50 currency pairs; in the stocks and ETFs domain, investors can trade over 3,000 stocks, including blue-chip and newly-listed companies, across major U.S. and European markets. For options, the company offers over 120 options; metal trading includes various spot goods and over 10 forex cross rates. In the futures segment, COIN GROW INVESTMENT provides over 500 products covering commodities and bonds across exchanges like CME, LIFFE, EUREX, and FORTS.
Trading Platform:
COIN GROW INVESTMENT has not disclosed specific information about its trading platform, leaving investors uncertain about the platform used for trading cryptocurrencies and other financial products. This lack of information could negatively impact investors' trading experience and confidence. It is recommended to choose brokers that provide clear details about their trading platforms to ensure smooth transactions and fund safety.
Minimum Deposit Amount:
The broker offers various investment plans, with minimum deposit amounts ranging from $50 to $80,000. Although this tiered setup caters to different investors' needs, the high minimum deposit amounts could limit participation and increase trading risk, particularly for investors with limited funds.
Spreads and Commissions:
The broker offers three different investment plans: STARTER PLAN, GOLD PLAN, and DIAMOND PLAN. These plans have a 4-day investment cycle and offer daily returns. The STARTER PLAN has a daily return rate of 3%, the GOLD PLAN offers 4%, and the DIAMOND PLAN provides 5%. For promotion, the referral commission is 10% for all plans. However, there is no information regarding spreads, leaving users unable to check specific details about them.
Account Types:
COIN GROW INVESTMENT offers three different account types. These account types are STARTER PLAN, GOLD PLAN, and DIAMOND PLAN, each with different investment thresholds and return rates. All accounts provide instant payments and 24/7 customer support, in addition to a 10% referral commission.
STARTER PLAN
- Daily return: 3%, for 4 days
- Minimum deposit: $50
- Maximum deposit: $4,999
- Referral commission: 10%
- Instant payments
- 24/7 customer support
GOLD PLAN
- Daily return: 4%, for 4 days
- Minimum deposit: $5,000
- Maximum deposit: $79,999
- Referral commission: 10%
- Instant payments
- 24/7 customer support
DIAMOND PLAN
- Daily return: 5%, for 4 days
- Minimum deposit: $80,000
- Maximum deposit: unlimited
- Referral commission: 10%
- Instant payments
- 24/7 customer support
Deposit and Withdrawal Methods:
COIN GROW INVESTMENT currently provides no specific information about deposit and withdrawal methods, leaving investors unclear about the processes and supported payment options. This lack of information could affect investors' fund management and trading experience. It is advisable to thoroughly understand the available deposit and withdrawal methods before choosing this platform to ensure smooth transactions and fund safety.
Customer Support:
COIN GROW INVESTMENT offers customer support via email. Investors can contact the support team by sending an email to admin@Coin-Grow.Online for help and assistance. However, beyond this, the broker does not provide other forms of customer support, such as live chat or telephone hotlines. This could affect investors' ability to receive timely help and answers to their questions during transactions.
Conclusion:
COIN GROW INVESTMENT is a broker offering cryptocurrency trading and other services, headquartered in the UK, but its entity information is not transparent, and its registration details are unclear. The company's official website has been in existence for a short period and is not regulated by any regulatory body. Hence, investors should exercise caution when choosing this platform to avoid unnecessary losses. Although it offers a wide range of trading products, it lacks clear information about the trading platform, which might affect investor experience and confidence. Additionally, despite offering various account types and investment plans, the high minimum deposit amounts and undisclosed spreads pose trading risks. Therefore, investors should fully understand the related information and consider risk factors to ensure smooth transactions and fund safety before choosing this platform.
Currently, COIN GROW INVESTMENT is marked as "suspected fraud" on TraderKnows.
