About Coinglobaltrade
Overview
Coinglobaltrade is a financial services entity registered in the United States, operating under the domain coinglobaltrade.com. According to publicly available records, the company was founded on June 28, 2022, and lists its registered address as 11932 Hillbrook Dr, Houston, TX, 77070.
The broker presents itself with a tiered account structure, suggesting it targets a range of traders from small retail investors to high-net-worth individuals. However, independent public information about Coinglobaltrade is extremely limited, and FXCanary could not verify its operational history or client base beyond the basic registration details.
Regulation and Licensing
Our review found that Coinglobaltrade does not hold any regulatory licenses from recognized financial authorities. The known facts explicitly state 'Regulators on file: NONE.' This means the broker is not supervised by any major regulator such as the CFTC, NFA, FCA, or CySEC.
The absence of regulation is a significant risk factor for traders, as it means there is no external oversight ensuring fair practices, segregation of client funds, or adherence to financial standards. Without a license, clients have limited recourse in case of disputes or financial loss.
Account Types
Coinglobaltrade offers four account tiers under the 'ROI' branding: RIO STANDARD, ROI ADVANCED, ROI PROFESSIONAL, and ROI PREMIUM. The minimum deposits range from $100 for the standard account up to $9,999,999 for the premium account, catering to very different capital levels.
Interestingly, the maximum leverage for all account types is listed as '--', meaning it is either not disclosed or not applicable. This lack of transparency makes it difficult for traders to assess the risk-reward profile of trading with this broker. The account names suggest a focus on return on investment, which may appeal to speculative traders.
Location and Background
The company is registered in the United States, with a physical address in Houston, Texas. While a US registration offers some legal framework, it does not guarantee that the broker is subject to federal financial regulations unless specifically licensed.
The founding date of June 2022 makes Coinglobaltrade a relatively young entity. In the online trading industry, newer brokers often lack the track record and established trust of longer-operating firms. Combined with the lack of regulation, this raises caution for potential clients.
Available Instruments
The known facts do not list any specific financial instruments offered by Coinglobaltrade. The 'instruments' field is blank, meaning we cannot confirm whether they provide forex, CFDs, cryptocurrencies, or other assets.
This absence of information is a red flag, as a legitimate broker typically clearly states what products it offers. Without this data, traders cannot determine if the broker suits their investment needs.
Suitability and Risk Considerations
Given the high minimum deposits for premium accounts, Coinglobaltrade appears to target both retail and high-net-worth individuals. However, the lack of regulation and transparency makes it unsuitable for risk-averse traders or those seeking a secure trading environment.
FXCanary assigns a Scam Risk Score of 49/100 (Guarded), indicating that while we do not have evidence of an active scam, the broker carries significant risks due to regulatory absence and limited public information. Traders should exercise extreme caution if considering engagement.
Overview compiled by FXCanary from regulatory records and public data. full Coinglobaltrade review