Coingegno: real trading reviews with a broker in 2023
Coingegno is a brokerage company that attracts attention with its innovative approach to trading and ease of registering new clients. According to data, as of 2023, the broker has more than 12,000 clients. However, the absence of reviews on the platform and online may raise certain doubts among potential investors. To delve more deeply into this situation, we conducted an independent investigation, the results of which are presented in this review.
More about Coingegno
According to information, the broker Coingegno started its activities in 2015, and it was founded by the well-known figure in professional circles, Barry Wordman. Unfortunately, when searching for reviews about this individual, only information indicating that Wordman is a fictional character without real existence was found. This raises questions regarding the credibility of the information provided by the broker.
Investigation of the registration data using the whois plugin confirmed that the domain coingegno.com was officially registered only in April 2024, indicating the relative novelty of the project. Such facts may indicate that the brokerage company was launched by scammers with the aim of deceiving investors.
Official License and Supervision
Coingegno, according to its statements, does not intend to violate laws and has provided a copy of the license issued by the regulator of Vanuatu. However, our check in the database of regulatory authorities showed that this broker is a pseudo-broker and provides services without the necessary permission.
It is important to note that the broker Coingegno has not submitted documents for verification to several supervisory authorities in the CIS countries, including the Central Bank of Russia and the National Bank of Belarus. This may indicate the broker’s reluctance to comply with international standards and rules, increasing risks for its clients.
Conditions Provided by the Broker
Coingegno offers three types of accounts to choose from with a minimum entry threshold ranging from $150 to $10,000. Among the features of the trading accounts are instant trade execution, leverage up to 1:100, deposit insurance, and the opportunity to trade cryptocurrencies and metals when investing a certain amount.
However, it is important to note that there are no reviews confirming the possibility of safe fund withdrawals. The company does not provide detailed information on payment regulations, commission rates, and available methods of depositing and withdrawing funds.
Real User Reviews
At the time of preparing this review, it was impossible to find reviews about the Coingegno broker. To ensure informational transparency, we urge all clients who have experience using the platform to share their reviews. Only by communicating and sharing experiences can we warn others of potential risks and negative experiences.
How the Broker Works
After the registration process, Coingegno offers to choose a tariff plan and fund the account. The broker promises qualified support and assistance in making profitable trades. However, the need to install additional software for remote access may raise certain doubts among clients regarding the security of this process.
Conclusion
Considering the data provided, it becomes clear that the Coingegno broker raises certain doubts regarding its activities and honesty. We advise clients to exercise maximum caution when choosing a trading partner and recommend avoiding dubious companies like Coingegno to protect their investments and avoid negative experiences in financial operations.
I am dissatisfied with the broker’s work as their trading advice and strategies in 2023 did not yield the expected results, leaving much to be desired in their performance and reliability.