There are unscrupulous entities that prey on unsuspecting traders in this online trading arena. One such company that has been causing concern is Cinscoin.com. In this article, we delve into the legitimacy of Cinscoin.com and shed light on the alarming aspects that have raised doubts within the trading community.
Is Cinscoin.com A Licensed Company?
The first red flag when considering Cinscoin.com is its lack of proper licensing. We did not find any license or regulation information on their website or from customer service. We also tried to search on other regulatory websites, but no result was found.
Why Should Not You Trust An Unlicensed Company?
Trading with an unlicensed company can have dire consequences. These companies often operate in a legal gray area, without any oversight or regulations to safeguard the interests of traders. They can engage in fraudulent activities, such as manipulating prices, withholding funds, or even disappearing altogether with your hard-earned money.
Can Cinscoin.com Be Trusted?
Considering the lack of proper licensing and regulatory oversight, it is difficult to trust Cinscoin.com as a reputable brokerage. No regulation means no obligation to provide financial security for traders’ investments.
What Do Traders Think About Cinscoin.com?
Traders who have had the unfortunate experience of dealing with Cinscoin.com have reported various issues and concerns. These include difficulties in withdrawing funds, unresponsive customer support, and suspicious trading practices. Traders mentioned when they opened their account new, the account manager was so helpful, but after they invested a good chunk, the KAM disappeared and forced them to invest more money.
Scammed By Cinscoin.com? – Talk To Our Experts
If you believe you have fallen victim to the deceptive practices of Cinscoin.com, contact us today. We will provide you with a free expert consultation and service recommendations to help you in recovering the lost fund.
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