CoinUnited Review – Find Out If Your Funds Are Safe With CoinUnited

The company claims to be a globally regulated firm, established in 2018. On top of that, they advertise more than 25 million customers, numerous awards, and media coverage. But whether those are reliable or not, we will discover in this honest CoinUnited review.

Stay with us and find out what the best crypto investment options are. But also what to do in case you become a victim of any manipulation.

Broker status:	Unregulated Broker
Regulated by:	No regulations
Operating Status:	Active CFD and crypto trading scam
Known Websites:	coinunited.io
Blacklisted by:	N/A
Owner:	N/A
Headquarters Country:	Hong Kong
Foundation Year:	2020
Online Trading Platforms:	Web-based
Mobile Trading:	Not available
Minimum Deposit:	N/A
Deposit Bonus:	Available
CFD Trading Option:	Yes, you can trade CFDs
Crypto Asset Trading:	Yes – BTC, ETH, XRM
Available Trading Instruments:	Forex, stocks, cryptos, commodities, indices, NFT
Maximum Leverage:	1:2000
Islamic Account:	Not available
Free Demo Account:	Not available
Accepts US clients:	US clients are accepted
Global Fraud Protection Experts’ Verdict:	Without regulatory oversight and misleading information, it’s hard to believe this firm is any close to legitimate. In case you experience a withdrawal problem, our refund team is available for consultation.

Is CoinUnited Legit?

All the company’s features would be quite reliable if the firm was regulated. Indeed, they claim to be licensed in the US and Canada. However, none of the trusted databases like CFTC, SEC, or IIROC have any records of this firm having a license.

With this in mind, their services would be highly speculative. In addition to that, the company’s domain was registered in December 2020. So, how are they founded in 2018? But you can expect many more misleading details from the CoinUnited.io company.

Traders Experience With CoinUnited

The first warning sign you can see is that the company claims to have a 4.98 out of 5 rating. Yet, they don’t disclose on what platform. Thus, with 25 million users, at least that’s what they say, they claim to have 1.25 million positive CoinUnited reviews.

Searching for those doesn’t bring any results, except for a few comments on the Quora forum. Yet, nowhere to be seen those advertised comments. All in all, if you know something that everyone should know, share it with us. After all, if you need to recover the funds without trouble, you can book a consultation with our team.

How Does CoinUnited Work?

The key problem with this firm is that there are too many discrepancies with their offer. It appears they will do anything to attract new customers to trade with them. Offer them better fees, NFTs, a wide range of cryptos, and much more.

Still, once you join, it’s highly questionable if you will get your funds out. In case you experience any issues there, feel free to contact us for advice.

Who Are CoinUnited Clients?

Apparently, CoinUnited Limited has been operating from Hong Kong. Yet, very few users are coming from there. Instead, we can see that most of their customers come from:

• Canada
• United States
• Japan
• United Kingdom
• Germany

In fact, all the mentioned countries have quite strict financial regulations. Thus, CoinUnited doesn’t have any authorization to provide services there, especially not with the leverage of 1:2000.

What Are Trading Platforms Available?

Another quite interesting fact about this company is its trading platform. In general, the company promotes it as an award-winning one.

Indeed, it looks decent for a web-based platform. Charting options are imported from TradingView, and there are only a few customization and trading features. All in all, nothing advanced.

Is the CoinUnited Mobile Trading App Available?

The biggest issue is that the company advertises mobile apps for Android devices in PlayStore. Yet, that button is completely useless because it leads you to a web-based mobile version of the platform. Quite a poor one, to be fair. Therefore, how could anyone trust such a company?

What Financial Instruments Does The Platform Include?

One of the biggest advantages of this firm is its instrument availability. With more than 230 cryptocurrencies available and NFTs, they could easily be anyone’s top choice. Thus, without a license, everything falls down the drain.

In any case, the offer consists of:

• Forex – GBP/AUD, EUR/SGD
• Indices – DAX30, CAC40
• Commodities – crude oil WTI, gold
• Shares – Netflix, Tesla
• Cryptos – MATIC, DOT, BTC

Account Types Offered by CoinUnited

In general, the company doesn’t have standardized account-type offers. Instead, they will offer customers better fees for the ones having a higher 30-day trading volume. Thus, all regular users are the ones with less than 5M USDT in a month.  Anyway, the minimum deposit requirement for the CoinUnited app has not been disclosed.

Can a Trader Use a CoinUnited Demo Account?

The company’s web platform is free to access. However, if you want to test their conditions, you’ll have to deposit first, which is not the most convenient option after realizing all the possible irregularities.

Off the topic, we suggest you check our AIX Trader review and learn how to avoid fraud in the future.

CoinUnited Fees, Spreads, Leverage and Commission

Maker and taker fees are considered quite attractive with the CoinUnited platform. These start from 0.01% for the maker and 0.02% for the taker. But the most disturbing detail is the leverage of 1:2000. Practically, the company is giving you a way to destroy yourself. Thus, without negative balance protection, such leverage is insanely risky.

Is the CoinUnited Welcome Bonus Available?

Generally speaking, T&Cs reveal that the company might offer bonuses from time to time. Currently, they are promoting a massive 5 BTC bonus or 100% deposit match. Thus, without a transparent bonus policy, there’s no reason to trust the offer is legit. To see how traders get scammed with bonuses, read our Smart Pips review.

Is CoinUnited Withdrawal Possible?

The only way to deposit or withdraw funds is through crypto. But if you know that crypto transfers are anonymous and irreversible, you would rethink your options. In any case, the company advertises an instant CoinUnited withdrawal procedure with transparent fees for each coin available. For instance, the withdrawal fee for USDT is 15 units. Thus, it is not clarified if it’s in percentages or coins.

What Should I Do If I Have a CoinUnited Problem?

If you have trouble with any crypto exchange, you can almost forget about your money. After all, the companies that are not licensed are hard to be trusted. But if you experience any issues, you can still let authorities and other traders know.

To find your crypto, we suggest you contact our refund specialists and use the advantages of the Fusion Forensics Limited tool. Book your free first consultation now.