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TheCoinTrust

Business SPT Media LLC
Website address
Broker type SCAM
Min deposit -
Regulations No
Discount -

Cumulative assessment

View ratings
1
Total average

1/10

Credibility ( 1 )
No withdrawal issues. No questionable practices.
Customer service ( 1 )
Contacting support. Deposit/withdrawal process. Reliability.
Offer ( 1 )
Spreads and commissions. Instrument availability.
Platform ( 1 )
Ease of use, quick execution, reliability.

Description

Beware of TheCoinTrust

TheCoinTrust is an unlicensed investment platform offering CFD investments. There are many indications that their operations are dishonest and designed to defraud. It is operated by SPT Media LLC, a company that has been warned against by the Spanish regulator CMNV.

The actions of “advisors” contacting on behalf of the platform are aimed at obtaining the largest possible payments under the pretext of bonuses, tax payments or commissions.

Below is the account of one of the injured parties:

For two weeks, I watched myself make money trading EUR/USD currency pairs. Then, Mr. Aleksander Laper (editor’s note: fake name), an employee at thecointrust, suggested the company offer me a €25,000 bonus for the same capital contribution. I did so, deposited €25,000, and received a €25,000 bonus. The app then showed me that I was making money using pre-set cryptocurrency robots.

Unfortunately, when I wanted to withdraw the profits, things started to go wrong. First, I had to pay EUR 3,800 in tax, then EUR 4,000 in insurance, then the profit miraculously increased and suddenly I had to pay Belka tax again, then the profit increased again and insurance again, and every day after depositing X amount, it turned out that there was something blocking my refund.

 

Albert Czajkowski

Parameters

Business SPT Media LLC
Website address
Broker type SCAM
Leverage -
Min deposit -
Negative balance protection -
Regulations No
Platforms -
Payments -
EUR/USD Spread -
Min lot -
Country -
Year of establishment -
Number of instruments -
Discount -

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TheCoinTrust - Opinions (12)

1.0
Partial assessments
Credibility:1
Customer service:1
Platform:1
Offer:1

TheCoinTrust company is a SPAM company they are scammers and thieves of your money. they promise a program and robors that work for your profits they have made a beautiful page and tables how much you can earn in thousands. Maybe they will make one small withdrawal to make themselves credible then it's over you deposit to supposedly get profits that the robots worked out. You will never recover the cash. I give a few examples to make myself credible, that I write the truth and not as competition as they say. yes they also sent that I have to pay tax. They sent me such a fake from BINANCE. They insisted that it's an original from binance, only that they made a mistake with the e-mail that's why I caught on. Don't get into this because you will lose all the cash I lost 40 thousand euro

Plusses No plusses
Minors No minors
Posted on
1.0
Partial assessments
Credibility:1
Customer service:1
Platform:1
Offer:1

did anyone manage to recover at least a part of the funds deposited with theim on the platform and do they still call you proposing a withdrawal of funds.

Plusses No plusses
Minors No minors
Posted on
1.0
Partial assessments
Credibility:1
Customer service:1
Platform:1
Offer:1

And the financial police do nothing about it group class action lawsuit Interpol will find them

Plusses No plusses
Minors No minors
Posted on
1.0
Partial assessments
Credibility:1
Customer service:1
Platform:1
Offer:1

I also fell victim to the scammer lamelle Financial consultants Ltd.what do you advise maybe a group class action lawsuit this is a fat mafia

Plusses No plusses
Minors No minors
Posted on
1.0
Partial assessments
Credibility:1
Customer service:1
Platform:1
Offer:1

Hello, I fell for this myself. I deposited 250 euros to them. That I won't recover it I already know. What interests me the most is only whether I won't have any problems in the future, because I didn't pay this "tax" of theirs. I was at the police, they didn't help. I only care about closing this matter in such a sense, that I wouldn't have trouble e.g. with a mortgage loan or anything similar. Thanks in advance for the answer. (Generally it seems as if they manipulate this site, because some charts didn't match what I observed on trusted sites. And I had a profit of 11 thousand and now I have -6 thousand and the positions changed, which they supposedly opened, those with profit are not there, and suddenly there are ones with a loss).

Plusses No plusses
Minors
  • Scam
Posted on
1.0
Partial assessments
Credibility:1
Customer service:1
Platform:1
Offer:1

TheCoinTrust one big scam, they called me themselves. They have a suspicious eastern accent, After multiple phone calls I let myself be persuaded to deposit funds. They are very pushy, they constantly urge to deposit new funds, they offer big profit. All transactions they do in crypto, I have about 5000 $ in their deposit and I can't beg them for a withdrawal. I'm waiting for the transfer all the time, which supposedly something is blocking. I don't know what yet. Supposedly they are on the market for 6 years.

Plusses No plusses
Minors
  • SCAM
Posted on
1.0
Partial assessments
Credibility:1
Customer service:1
Platform:1
Offer:1

I was also scammed by this pseudo company. I didn't check the reviews beforehand, I trusted blindly and lost about 100 thousand PLN. Don't even start cooperating with them because you will only lose.

Plusses No plusses
Minors
  • SCAM
  • Scammers
Posted on
1.0
Partial assessments
Credibility:1
Customer service:1
Platform:1
Offer:1

For all beginner Traders merchants!! The Coin Trust is a continuation of a SCAM fraud that started in 2020 namely Finantico TikMedia which after a year turned into swissmarketfx after another year we have The Coin Trust !!! I personally sank in swissmarketfx 75k USD deposited in BTC at the moment of turning off the platform I had 155k USD. Money unrecoverable there's no point in deceiving yourself and I'm speaking seriously. I made it my goal to track down these call centers and the people standing behind this. First in the line of fire financial companies in the UK!! , second in line will fly these pseudo managers analysts!! the call center itself has no green idea that it's stuck in this scam.Therefore these undereducated clowns should be educated from construction and turned back to rebuild their country!!!! In the end everyone clicking on ads in social media sp.. if the broker's site doesn't have a license no. at the very bottom and who regulates them it's immediately a Red Lamp!!!!

Plusses No plusses
Minors
  • SCAM
  • SCAM
  • SCAM
Posted on
1.0
Partial assessments
Credibility:1
Customer service:1
Platform:1
Offer:1

I was tempted in march 2022, an ad popped up on facebook. They promised pears on a willow. Of course. In the evening of the same day I wanted to withdraw the transferred amount of 250eur. They called me several times, each time a different person from a different number. One time I even heard that I am not serious, that this is not trading in biedronka and that I am wasting the consultant's time. Always a slight eastern accent. To this day (03.08.2022) they haven't withdrawn my money. But for the last 2 months 25eur disappears from me I don't know what for. I'll try with a chargeback. I probably won't lose more anymore.

Plusses No plusses
Minors
  • Scam
  • Impoliteness
Posted on
1.0
Partial assessments
Credibility:1
Customer service:1
Platform:1
Offer:1

I got to them through an ad banner , they promised pears on a willow. I invested and earned 6000 euro, together with the deposit on the account I have over 19000 euro, only they don't want to withdraw it for me they claim , that I have to pay tax , which I already paid twice and each time this money went to the depozt. Ms Klaudia who was my broker said , that it's supposed to be like this and that she gave the accounting department a withdrawal order, and I still don't see the transfer.

Plusses No plusses
Minors
  • Swindlers.
  • They sneakily extort money
  • They are not solvent
Posted on
1.0
Partial assessments
Credibility:1
Customer service:1
Platform:1
Offer:1

I fell for an alleged article and an even more alleged large trading website. Before I started "trading" I realized that the deposit was a mistake. Despite clicking the withdrawal option, unfortunately I only get noreply emails that someone will contact me. Of course, nobody does. The numbers from which they called me are either inactive, or a fax signal, or people answer that these are their kids' numbers, or some grandparents :( I deposited 250 EUR, 1300 zlotys goodbye. On Monday I'm reporting to the police. the company is supposedly called TCT INVESTMENT LIMITED.

Plusses No plusses
Minors
  • scam
Posted on
1.0
Partial assessments
Credibility:1
Customer service:1
Platform:1
Offer:1

Attention! I came across them through an ad on a portal impersonating a large website (same graphic design and logo). Fortunately I deposited only 250 dollars which I never saw again anyway.

Plusses No plusses
Minors No minors
Posted on

Submit your own review

No withdrawal issues. No questionable practices.
Contacting support. Deposit/withdrawal process. Reliability.
Spreads and commissions. Instrument availability.
Ease of use, quick execution, reliability.

 

I confirm that the submitted review is based on personal experience and no broker encouraged its publication.

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