WeinsteinCorp Review – Manipulative Platform, Fees and Conditions

As it seems, WeinsteinCorp company is professionally hiding its legal information. Thus, somewhere in their T&Cs, we can find the company is registered as LLC. The official address in Switzerland is adding weight to the company’s reputation.

But if they comply with it, we are about to see. Some regulators don’t think so. Therefore, read this WeinsteinCorp review to see if you can trust this firm or not. Also, we invite you to check our Crypto Nation Pro review for more crypto news and safety tips.

Broker status: Unregulated broker
Regulated by: N/A
Operating Status: Inactive FX and CFD Trading Scam
Known Websites: https://WeinsteinCorp.com ; https://weinstein-corp.com
Blacklisted by: FINMA, CONSOB
Owner: WEINSTEIN-CORP LLC
Headquarters Country: N/A
Foundation Year: 2023
Online Trading Platforms: Web trader
Mobile Trading: Not available
Minimum Deposit: $5.000
Deposit Bonus: Available
CFD Trading Option: Yes
Crypto Asset Trading: Yes – BTC, LTC, ETH
Available Trading Instruments: Cryptos, Forex, Indices, Shares, Commodities
Maximum Leverage: 1:300
Islamic Account: Not available
Free Demo Account: Not available
Accepts US clients: US clients are not accepted
Global Fraud Protection Experts’ Verdict: Even if you didn’t see a warning from the FMA you would recognize this scam because of multiple reasons. In any case, this unregulated brokerage can’t be trusted. But if you did, contact our refund team for advice.

Is WeinsteinCorp Legit or a Scam?

WeinsteinCorp company is not even trying to look legitimate. With their shady platform and conditions, you can smell a scam from a mile away. But the first proof of that is the lack of trusted regulations, such as FCA, BaFin or ASIC. They don’t even have a “domestic” license issued by FINMA.

On the contrary, FINMA has slapped them with a warning. Their old domain, which was registered in September 2023, is already blacklisted. We are about to see how long it will take for the new one, registered in December 2023. Another institution that followed FINMA’s example is Italian CONSOB. On top of that, the company claims to be active since 2013. Not with this trading name, for sure.

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How Does WeinsteinCorp Work?

Since we lack WeinsteinCorp reviews, traders might still question if they are legitimate. But if you have any experience with this broker, you can let us know. Anyway, it all looks like the company is generating new leads from shady marketing campaigns offering lucrative crypto investments.

However, the only way to present traders with extraordinary results is through a shady platform. The company’s agents can easily modify what traders see on the platform and create urgency in that way. That’s why trading with the trusted app is the key. Yet, it all becomes irrelevant if the company is still not licensed.

Who Are WeinsteinCorp Clients?

For these couple of months of the company’s activity, they were mainly targeting Europeans. Since they are offering services in Europe, it’s easy to recognize their scam even without warnings. Anyway, most of the victims come from:

  • Slovenia
  • Austria
  • Slovakia
  • Portugal

Thus, if your country is not there, let us know in the comments below. After all, sharing your case might lead to a solution. Even chargeback with our professional assistance. To see all the tricks that might lead you to that position, check our RXK Capital review.

What Are Trading Platforms Available?

Sadly, WeinsteinCorp broker only offers a web-based platform. Definitely not the one comparable to MT4, MT5, or cTrader. Luckily, access to it is completely free. We can easily recognize imported TradingView charts and very limited trading options. All in all, nothing admirable.

Is The WeinsteinCorp Mobile Trading App Available?

On top of all the lies, they are serving traders with lies about mobile apps. Such an app is not available for download in any trusted store. Neither the company provides any download option. So, you’ll have to use a web browser on a mobile phone instead.

What Financial Instruments Does The Platform Include?

Since the company is trying to scam traders in any way possible, the available instruments are completely irrelevant. Because anything they offer can be easily manipulated. But if they were legit, the offer would be outstanding:

  • Forex – AUD/SGD, EUR/JPY
  • Commodities – gold, platinum
  • Shares – Walt Disney, Amazon
  • Indices – ES35, FRA40
  • Cryptos – ETH, LTC

Account Types Offered By WeinsteinCorp

Fairly, WeinsteinCorp accounts are quite greedy for unregulated brokerage. The minimum deposit requirement appears to be $5.000. Thus, scam brokers will often accept anything above $250. The goal is to get traders on board. In any future endeavors, traders can choose:

  • Classic – $5.000
  • Bronze – $25.000
  • Gold – $100.000
  • VIP – $250.000

Can A Trader Use A WeinsteinCorp Demo Account?

Even though WeinsteinCorp WebTrader has free access, virtual funds are not available for trading. Luckily, traders can easily recognize all the flaws of the platform, even without a demo account.

WeinsteinCorp Fees, Leverage And Commission

The main issue in conditions is the leverage of 1:300. FINMA and the European Securities and Markets Authority allow a maximum of 1:30 to retail traders. Basic spreads are starting from 100 bps (basic points). This would be 0.01%. Sadly, other commissions and fees are not disclosed.

Is WeinsteinCorp Welcome Bonus Available?

Another key feature of WeinsteinCorp scam broker is the welcome bonus of up to 100%. Even though the bonus policy is not publicly available, you can’t expect anything positive. Mostly, bonus policies with scam brokers contain clauses preventing traders from withdrawing funds.

Is WeinsteinCorp Withdrawal Possible?

Another sign this brokerage is only looking for your money is the withdrawal processing time. It starts with 5 business days. The more money you deposit, the faster the hypothetical withdrawal is. Thus, fees and methods are not revealed. Therefore, you can expect a lot of manipulation there as well.

What Should I Do If I Have A WeinsteinCorp Problem?

A good sign is that you can see from an example that reporting a broker can work. Ultimately, they all shut down after multiple warnings. Thus, if they come back with a different brand, you can’t do anything except for being careful.

Still, if you fall for some new trick, you can always contact our refund experts for consultation. After all, the first one doesn’t cost you anything. Book yours today.

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