CoinsBank
We checked CoinsBank against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
CoinsBank claims to be a product of Coins Limited, a company registered in the UK. This broker also states its authorization and supervision by the UK Financial Conduct Authority (FCA) under license number 182110. However, we didn't find a matching result when checking in FCA's registries with the company name – Coins Limited. Moreover, the given number 182110 belongs to another company called London Capital Group Limited (LCG) which is not affiliated in any way with CoinsBank or Coins Limited. Therefore, CoinsBank is a clone firm of the licensed entity LCG. Our verdict is that CoinsBank is not regulated by any financial regulator. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report CoinsBank.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.