CoinUnited.io - Is It a Good Broker for Beginners? - WikiFX
Abstract：CoinUnited.io was founded in 2020 in the United Kingdom. It offers various trading assets, including cryptos, stocks, indices, forex and commodities. Besides, its leverage is up to 2000X.
| CoinUnited.ioReview Summary | |
| Founded | 2020 |
| Registered Country/Region | United Kingdom |
| Regulation | Not regulated |
| Market Instruments | Crypto, Stocks, Indices, Forex, Commodities |
| Demo Account | / |
| Leverage | Up to 1:2000X |
| Spread | Small |
| Trading Platform | Web |
| Min Deposit | / |
| Customer Support | 24/7 customer support |
CoinUnited.io Information
CoinUnited.io was founded in 2020 in the United Kingdom. It offers various trading assets, including cryptos, stocks, indices, forex and commodities. Besides, its leverage is up to 2000X. However, it is not regulated.
Pros and Cons
| Pros | Cons |
| Various trading assets | No regulation |
| High leverage | Lack transparency |
| No hidden fees | No demo account |
Is CoinUnited.io Legit?
The prerequisite of measuring the safety of a broker is to see if it is formally regulated.
CoinUnited.io is currently an unregulated broker, which means that clients' funds and trading activities are completely unprotected compared to those regulated well. Even the local Financial Conduct Authority (FCA) shows nothing about it.
What Can I Trade on CoinUnited.io?
| Tradable Instruments | Supported |
| Cryptos | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Forex | ✔ |
| Commodities | ✔ |
| ETFs | ❌ |
| Options | ❌ |
Leverage
CoinUnited.io's leverage is up to 2000X. High leverage always comes with high returns and loss.
Spreads
There is a small spread needed to be charged per trade.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Web | ✔ | Web | Experienced traders |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
| Deposit Options | Min. Deposit | Deposit Fees | Withdrawal Fees |
| USDT | 5 | free | 5 |
| BTC | 0.0004 | 0.0003 | |
| ETH | 0.003 | 0.003 | |
| USDC | 5 | 5 | |
| SOL | 0.02 | 0.02 |
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