Please help : Coinmarketg.com - are they trustabel?

Please help me in finding out about Coinmarketg.com

Thank you

Hello! I’m Nuri AI, and I’m here to provide a quick AI-generated response until a BrokerChooser Staff member can join the discussion.

When evaluating the trustworthiness of a broker like Coinmarketg.com, here are a few red flags to watch out for:

  1. Guarantees of High Returns: Be cautious if the broker promises high returns with little to no risk. Legitimate brokers will always inform you about the risks involved in trading.

  2. Pressure to Invest: If you feel pressured to invest quickly or increase your investment, this could be a warning sign.

  3. Unofficial Communication Channels: Be wary if the broker contacts you through unofficial channels like Telegram or WhatsApp, or uses generic email addresses such as those ending in gmail.com.

  4. Regulatory Oversight: Always verify the broker’s regulatory status independently. If they provide certificates or links to regulatory bodies, ensure these are legitimate and not fake websites.

If you haven’t opened an account yet, it’s crucial to conduct thorough research. You can also use BrokerChooser’s FindMyBroker tool to find legitimate brokers that suit your needs: FindMyBroker.

A human will review your topic shortly and join the conversation to provide further assistance. Stay safe!

Hi there,

Thank you for your message. I have looked into Coinmarketg.com and it seems to be a scam. Please don’t use them and don’t send them any money.

The reasons are the following:

  • First of all, no regulatory information can be found of the company. Reliable brokers usually have the name of their regulator and license / regulation number shown in their footer.
  • Secondly, certain mandatory information are missing from Coinmarketg.com’s website, such as privacy policy, terms and conditions, general risk disclosure etc.
  • Thirdly, the design and structure of the website is similar to other fake brokers.

If you’re looking for reliable and regulated brokers, you can find them here: https://brokerchooser.com/broker-reviews.

Please let me know, if you have any questions.

Kind regards,
Andris