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TheCoinTrust

Company SPT Media LLC
Website
Broker type SCAM
Minimum deposit -
Regulations No
Discount -

Average rating

View ratings
1
Total average

1/10

Credibility ( 1 )
No problems with withdrawals. No suspicious practices.
Customer Service ( 1 )
Contact with the support. Deposit/withdrawal process. Reliability.
Offer ( 1 )
Level of spreads and commissions. Product Range.
Platform ( 1 )
Ease of use, fast execution, reliability.

Description

Watch out for TheCoinTrust

TheCoinTrust is an unlicensed investment platform offering the opportunity to invest in CFDs. There are many indications that their actions are dishonest and fraudulent. It is run by SPT Media LLC, which was issued a warning by the Spanish regulator CMNV.

The activities of “advisers” contacting on behalf of the platform are aimed at extorting the largest possible deposit under the pretext of bonuses, tax or commission fees.

Below is an account of one of the aggrieved parties:

For 2 weeks I watched how I was making money on EUR / USD currency pairs, then Mr. Aleksander Laper (edit. fake name) – an employee of thecointrust offered me that the company was ready to give me a bonus of EUR 25,000 for the same capital contribution on my part. I did so, I deposited EUR 25,000 and got a bonus of EUR 25,000, then the application showed me that I was making money using robots on cryptocurrencies.

Unfortunately, when I wanted to withdraw the profits, the stairs started, first I had to pay 3800 EUR in tax, then 4000 EUR insurance, then the profit increased wonderfully and suddenly I had Belka’s tax to pay again, then the profit increased again and again insurance and every day after paying the X amount it turned out that there is something that is blocking my refund.

ForexRev Team

Specifications

Company SPT Media LLC
Website
Broker type SCAM
Leverage -
Minimum deposit -
Negative balance protection -
Regulations No
Trading platforms -
Payments -
EUR/USD Spread -
Min lot -
Country -
Established in -
Number of instruments -
Discount -

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TheCoinTrust - No news & warnings

TheCoinTrust - Reviews (1)

1.0
Partial ratings
Credibility:1
Customer Service:1
Platform:1
Offer:1

The called me and told me that I have account on their platform. I've never opened it and I didnt even knew that such platform exist! They told that I hae some money their. Look out!

Plusses No plusses
Minors No minors
Posted on

Submit your own review

No problems with withdrawals. No suspicious practices.
Contact with the support. Deposit/withdrawal process. Reliability.
Level of spreads and commissions. Product Range.
Ease of use, fast execution, reliability.

 

I confirm that this review was written based on my own experience and was not solicited in any way by any broker.

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