Coinsauce News Trade Earnings is a contract-for-difference (CFD) broker whose official domain was registered on June 26, 2024. This broker primarily provides investment services in trading markets such as forex, commodities, indices, stocks, and digital currencies. It does not offer services to countries or regions where such services may violate local laws or regulations.
Company Registration Information and Regulatory Status
Public information from Coinsauce News Trade Earnings (coinsaucenews-tradeearnings.com) indicates that the broker is registered in the United Kingdom and regulated by the Australian Securities and Investments Commission (ASIC). However, all clients will directly engage with Coinsauce News Trade Earnings A/S, and all client agreements will be signed with Coinsauce News Trade Earnings A/S, thus subject to Danish law. The Terms of Service page on the broker’s website states, "This Agreement is governed by and interpreted in accordance with Dutch law, and any disputes that cannot be resolved amicably shall be submitted to the jurisdiction of Dutch courts."
Upon verification, the UK Companies House, Australian Securities and Investments Commission (ASIC), Danish Financial Supervisory Authority (Danish FSA), and Dutch Chamber of Commerce (KVK) have no registration information for a company named "Coinsauce News Trade Earnings."
Therefore, Coinsauce News Trade Earnings (coinsaucenews-tradeearnings.com) is essentially a fraudulent broker website with no company entity or regulation.
Account Opening Process
The account opening process for Coinsauce News Trade Earnings trading accounts is as follows: Go to the broker's website, click on "Open Account" in the top right corner, fill in personal information such as name, phone number, and email address, set a login password, and submit. Once the account is verified, the registration is successful.
Investment Plans
Coinsauce News Trade Earnings offers four different types of investment plans: Basic Plan, Silver Plan, Gold Plan, Platinum Plan.
Basic Plan:
- Minimum Deposit: $500
- Maximum Deposit: $999
- Duration: 7 days
Silver Plan:
- Minimum Deposit: $1,000
- Maximum Deposit: $4,999
- Duration: 14 days
Gold Plan:
- Minimum Deposit: $5,000
- Maximum Deposit: $9,999
- Duration: 30 days
Platinum Plan:
- Minimum Deposit: $10,000
- Maximum Deposit: $50,000
- Duration: 60 days
Trading Platform
Coinsauce News Trade Earnings claims to provide the MT5 trading platform for users, but the broker’s information cannot be found on MT5.
Deposits and Withdrawals
The Coinsauce News Trade Earnings website does not disclose the supported deposit and withdrawal methods.
Conclusion:
Traderknows reminds investors that Coinsauce News Trade Earnings is a fraudulent broker that lures investors with promises of high returns. In reality, it has no corporate entity or regulatory oversight, and the only contact method is through email. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
