Coiniwelt Review
If you wish to sign up with a company that brings you the best of trading, you are not wishing for something too big. With such tough competition on the internet, you can be sure that there are many options that will provide you with exactly the type of trading that you are looking for. When I started trading, I really had not defined any requirements. However, with time, I have learned my lesson that you must specify your requirements before you sign up with any company whether it is for trading purposes or something else.
Now, after long weeks of research, I was able to find Coiniwelt. I signed up with this online trading platform and I can tell you with surety that I have not looked back since then. This broker has given me everything that facilitates me during trading. I don’t have to worry about where I trade, when I trade, and what strategies I use. I learned trading through its training material and there is a lot that I can say about this particular firm. Now, I will make sure that you don’t have to rely on my claims only. I will bring to you all the details that can help you understand this broker better. So, here we go.
Broker | Coiniwelt |
Website | https://www.coiniwelt.com/ |
Trading Type | CFD |
Assets | Forex, Crypto, Indices, Stocks, Commodities |
Trading Platform | Web based and mobile |
Segregated Funds | Yes |
AML and KYC | Yes |
Customer Support | 24/5 |
Account Types | Basic, Standard, Silver, Gold, Platinum, VIP |
Saving Accounts | Silver, Gold, Platinum, VIP |
Minimum Deposit | $250 |
Bonus | Yes (up to 50%) |
Everything Great about Coiniwelt
Your Information and Money Are Protected
This company complies with the most important standards of the industry. This way, it delivers trading in the safest manner possible. So, first, you should be looking at how the company will protect your information. I have to tell you here that the best way for any business in the world to protect the information of its customers is through encryption. Encryption is a method that converts your codes into pieces of information that make no sense to anyone who has not been authorized to look into that information.
You can rest assured that your information is being kept safely by the broker because it encrypts all the information you provide on the website. In addition to that, the other thing you have to worry about is the money. When you open your trading account with an online company, you have to make sure that your money goes into safe hands. How can you be sure about that? Well, you have to see where the firm is putting your money. If it is maintaining your money in separate accounts, you can be sure that your money is safe. Now, you can rest assured with Coiniwelt because it protects your money through segregation of funds.
You Can Trade Every Asset in the Market
If you don’t know this already, I have to inform you here that you are signing up with a CFD broker. With this company, you will be trading all the assets in the form of CFDs. It is one of the most lucrative formats of trading on the internet. It gives you lots of opportunities to trade your favorite assets. In addition to that, you can be sure that there are some huge leverages coming your way when you go with a CFD trading services provider. So yes, you will be trading CFDs when you go with Coiniwelt. Is this something you should really care about?
Well, yes, you should definitely care about this piece of detail. You have to remember that diversification is still the most important concern for anyone in the world who is looking to invest money. If you can’t diversify your portfolio, you will end up with some huge losses that you could have avoided through the right strategy. So, the problem with trading only one asset is that your entire investment will drown when that particular asset goes down. However, the same will not happen when you have your money invested in multiple assets.
That’s where I think you will understand and realize the importance of the asset index from this company. It contains all your favorite assets that you can trade in the form of CFDs. You can trade the forex currency pairs, whether you have the USD as a part of the pair or not. You can trade the minor and less-known fiat currencies if you like with this company. You can trade hundreds of stocks from the best companies of the world. If you want to take things up a notch, you should consider going with indices. You also have access to commodities when you are with this trading platform.
What I love the most is cryptocurrency trading, and I am glad to inform you that you can trade cryptocurrencies when you are with Coiniwelt. You can trade them with margins and make a lot of money if you know what you are doing.
Your Trading Platform Your Way
Now is not the time for companies to convince you to do things the way they want. Today, the market belongs to the customers. They are the rulers of the market and they device what rules prevail. So, as a trader, you should know that your broker can make your life easier or difficult. The companies that understand the needs of modern customers can definitely provide you with a memorable trading experience. To do that, they have to resort to one of the best trading platforms out there. However, it does not matter which trading platform the broker has. What matters is how easy it is for you to trade with that company.
You will be surprised to know that this company has gone with both options. You can go with the web-based trading platform if you like Or, if you prefer, you can go with the mobile trading platform. The most notable thing here is that you have the trading platform in the form of a web-based application as well as an application designed specifically for traders who use their phones for trading. Whether you have Windows, Android, or iOS on your phone, you will be able to use this trading platform with ease.
This trading platform is there for you to download on your mobile phones and tablets. Once you have downloaded the application, you can use it for trading on your device. You don’t even have to look at the operating system you are rocking on your phone. The web-based trading platform will just run. However, if you prefer a mobile application, you will have to know that this application is only for your mobile phone. It will not work fine when you switch to your computer or some other device.
All the charts and graphs you need while trading are there on the trading platform. In addition to that, I love the fact that this software requires absolutely no learning from you. You can just start using it from day one without having to go through a learning curve.
Big Trading Leverages
Do you know about trading leverages? Do you know that you can get a huge profit on your trade if you use this option? Well, many new traders are aware of the word leverage. However, they are not quite sure what it is in the trading world. That’s the most challenging stage of learning what leverages are all about. When you start trading, you feel as though they are the answer to all your trading concerns. Of course, who could deny getting some help from the broker in increasing the size of the trade? The thing is, you have to learn how to use the leverage first.
You don’t want to use this particular tool just like that. If it gives you the opportunity to make a lot of money, it can do the opposite as well. With that in mind, you have to pay attention to how you are using leverage on your trades. Yes, it is true that trading sounds a bit boring when there is no leverages, so you always want to sign up with a company that offers you this particular option on your trades. Here, with Coiniwelt, you will get huge leverages on all your trades. You can see on the website that this broker can offer you leverages of up to 1:200.
What does this mean? What is this ratio for? You must have these questions when you are new to trading, but I can tell you that there is no rocket science involved. It is a pretty straightforward math that you will have to do to know how much leverage you will be getting in terms of money. Well, if you are getting 1:200 leverage from Coiniwelt, it means that you will have $200 from the company that you are trading with for investing only $1 from your pocket. Now, that’s what you call a huge leverage. Not to mention, it allows you to make huge profits and meet your financial goals faster than you might have imagined.
Account Managers and Other Trading Support
There is no doubt that trading for the first time can be a daunting experience. I have gone through this feeling so I can relate with what you are feeling right now. You just don’t want to lose the money that you have invested in your trade. It just does not feel right when you end up losing the first investment you make in the market. In a way, you feel that trading is not for you and that you should try something else for making more money in your life. However, I can tell you that things are not the way they look to you. When you start trading, the company you sign up with can provide you with a lot of support.
It can give you support in many different formats, so you don’t have to worry about trading at first. So, when you look at the trading experience with Coiniwelt, you will be happy to know that with your trading account, you have an account manager included. This manager will help you give direction to your investment. He/she will make sure that you don’t make your investments in assets that you don’t understand. They listen to you to understand your financial needs and goals. After that, they create a plan that suits you to help you make the most amount of money in the market.
In addition to that, you will also receive trading alerts when you sign up with this company. This particular feature is not available to you if you go with the first account. However, you can definitely make the most out of this feature when you go with any account on the list other than the basic one. Trading alerts keep you on top of your trading. You don’t miss the opportunity to trade big in the market because you have the alert with you that tells you when there is significant move in the market.
This keeps you on top of your trades, and you can always grab the best opportunities of trading at the best times. Do keep in mind that some of the biggest investors in the world are good at taking their decisions on time. They might not have the best strategy in the world. In fact, their strategy is making a move at the right time. If you have to learn something from thing, it has to be not wasting your time. And when you are with Coiniwelt, you will get the alerts on your phone instantly when there is an opportunity in the market.
The Amazing Savings Accounts
This is a feature that I had not expected from the service provider. I can tell you that I have been on many different platforms. Since I like to educate new traders on their trading careers, I am always on the hunt for new trading platforms. In my experience, I have not come across many options that allow you to open savings accounts as well. You always think of banks when you think about this particular feature. However, you will be surprised to know that there are some online brokers that give you the opportunity to open a savings account.
In addition to the trading account, you can have this account if you are only looking to make money on the money that you have already saved. There are four different options from which you can choose the one that makes the most sense to you. The more money you deposit in your savings account, the more money you will have at the end of the term. You should know here that the company is offering you different terms as well. It is amazing that you have the option to pick how long you want your money in the account. I don’t think I have seen any other trading services provider offer this particular feature.
You can pick from the Silver, Gold, Platinum, and VIP accounts if you are looking to open a savings account with Coiniwelt. The best thing is that you have multiple terms to choose from i.e. six months, 12 months, and 24 months. The more time you decide for your money to stay in your trading account, the more profit you will earn on it. For example, if you go with the VIP savings account, you will have a saving profit of 3% on the money that you have in the account. However, you have to keep in mind that you will have to deposit at least $50,000 in the account for you to activate it. If you don’t have a lot of money, you can go with the silver account, in which you have to deposit only $5000.
Small and Convenient Deposits
Now, since you are thinking about trading with the company, you have to keep depositing money over the course of time. Here, you have to keep in mind that keeping the same amount of money in your account will not help you much. Yes, you can make profits on your trade right from day and think that you will cycle the same first deposit to enter more trades, but that’s not how things work. There comes a time when you cannot be satisfied with a small profit. You want big profits and take bigger risks than before. That’s when you need more money in your account.
This is where the broker you have signed up with can make your life easy or make it completely miserable. Why have I used the word miserable here? Well, because I had made the mistake of signing up with a company once that did not have many friendly policies for traders when it came to depositing funds. So, firstly, I was not sure if my money was in safe hands. Secondly, the company was asking for a huge first deposit. Thirdly, the options available for pretty limited so I could never pick one that I was comfortable with.
I never had to face this problem since I signed up with Coiniwelt. Firstly, let me tell you that you can make a small deposit of just $250 in your account to start trading with this company. Yes, that amount is enough for you to be able to trade in the best markets of the world through the best contracts for difference. In addition to that, I have to tell you that Coiniwelt has introduced some of the safest methods for you to fund your account any time you want. If you want to deposit money fast, you can use your credit or debit card for the deposits.
If you want to be on the safe side from the start, I recommend that you go with the bank wire transfer option. Yes, this option is available to you when you sign up with Coiniwelt. Furthermore, you will also have some other fast, safe, and modern ways of sending money to the firm. You can use Skiller and Neteller for funding your account and trading like any other trade in the world. You will be glad to know that the company does not charge you any commissions that you don’t know about when it comes to funding your account. With other companies, I can tell you that they usually introduce some hidden charges as soon as it comes to depositing funds in your account.
Trade Ethically
You can’t really trade ethically if you are with the wrong company. What is a wrong company you may ask? Well, I can tell you that some online firms do not care about your money at all. They just want to make a lot of money and hence provide their trading platforms to entities for depositing money without confirming where the money is coming from. If you don’t know already, money launderers are always on the lookout for easy ways to store their black money and online trading platforms can be a good place for them to do so. However, if the broker you have signed up with believes in ethical trading, it will never allow such a thing to happen on the website.
Let me tell you that AML and KYC policies are an indication that you have picked the right option. Furthermore, you will be pleased even further to know that Coiniwelt has these policies implemented on its trading platform quite strictly. You will not be able to trade with this company unless you provide your personal information. You will also have to submit your banking information before you can do anything on the trading platform.
Final Thoughts
Now, you are the one who has to tell me if you are not getting the best of everything with this company. It really puts its traders first and before anything else. You never have to worry about hidden charges when you sign up with Coiniwelt. Furthermore, I have always felt that I can make bigger profits with this broker because there are not hidden fees or commissions. Not to mention the huge leverages that help you enter big trades. If you are ready to use your investment in the best way possible, I highly recommend that you consider Coiniwelt is one of the options.
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