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Coinivate SCAM Alert: Unlicensed Broker, Investor Warnings
Coinivate SCAM Alert: Unlicensed Broker, Investor Warnings

Operating status: SCAM

Website: https://www.coinivate.net/

Broker violations and abnormal records
  • 2023-07-17 The OSC issued a warning against Coinivate

    On July 18, 2023, the Ontario Securities Commission (OSC) issued a warning against Coinivate, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/coinivate

    On July 18, 2023, the Ontario Securities Commission (OSC) issued a warning against Coinivate, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/coinivate
  • 2023-07-18 BrokersView has reviewed that Coinivate is an unregulated broker

    Coinivate fails to disclose its regulatory information and licensing data, which can be considered a scam indicator, as legitimate brokers always prominently display their accreditation and licenses.

    Furthermore, the Ontario Securities Commission (OSC) has issued a warning against Coinivate, stating that this broker is not registered in Ontario to engage in the business of trading in securities.

    In essence, Coinivate is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Coinivate fails to disclose its regulatory information and licensing data, which can be considered a scam indicator, as legitimate brokers always prominently display their accreditation and licenses.Furthermore, the Ontario Securities Commission (OSC) has issued a warning against Coinivate, stating that this broker is not registered in Ontario to engage in the business of trading in securities.In essence, Coinivate is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
  • 2023-10-16 The FINMA issued a Warning against Coinivate

    On 17 October 2023, Swiss Financial Market Supervisory  (FINMA) issued a warning that Coinivate was providing financial services or products in the UK without authorisation. You may visit:  https://www.finma.ch/en/finma-public/warning-list/coinivate/

    On 17 October 2023, Swiss Financial Market Supervisory  (FINMA) issued a warning that Coinivate was providing financial services or products in the UK without authorisation. You may visit:  https://www.finma.ch/en/finma-public/warning-list/coinivate/