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In recent times, we have had a lot of complaints about a fraudulent platform called CoralTradeLimited, it has been brought to our attention that there’s a fraudulent scheme going on there with the aim to steal from investors. The IOSCO and FCA  also confirmed in their publication that coraltradelimited.com is a scam platform. Just to clear any doubts, coraltradelimited.com is a SCAM.

If you have been scammed and you are looking for ways to recover your money from CoralTradeLimited, visit the The Capital Co (www.thecapitalco.net) website at www.thecapitalco.net.

CoralTradeLimited, a further cryptocurrency and forex investment fraud, is preventing withdrawals. Read more in our unbiased review of coraltradelimited.com.

Coral Trade Limited, often known as CoralTradeLimited, is in total disarray (coraltradelimited.com). Members’ emails to the platform go unanswered. It appears that the platform restricts withdrawals and then deletes login information.

And once you sign up and make a deposit with the site, that puts your investment in danger. With the platform, hundreds of investors have lost money. To expose it and defend our devoted readers, we are here. Here is what you need to know about CORALTRADELIMITED from our lucid review.

An Overview of CoralTradeLimited

The homepage asserts that having a purpose improves your quality of life. CoralTradeLimited asserts that it is the ideal solution for enhancing your life. These are a few of the sales techniques the site uses to lure unsuspecting investors.

Pros and Cons of CoralTradeLimited

Coral Trade Limited is a currency investing platform rather than a trading platform. What the platform offers investors is still unclear. Investors frequently regret their choice to sign up, as is well known.

Numerous complaints have been filed with our help desk. According to the portal, there are countless investment options. Our goal is to blacklist the scam and expose it. Regulators will first need to shut it down, though.

You must have the appropriate trading equipment in order to invest in the cryptocurrency market. And doing so requires utilising trustworthy, professional-backed crypto trading robots. When trading, these robots give investors a much-needed boost.

When it comes to investment, Coral Trade Limited is not your thing. The platform is a total fraud despite having a nice website. Unfortunately, those who were duped are the ones who notice it the most.

Investors were persuaded to sign up by claims of guaranteed daily returns. You must choose wise investments to undertake as an investor. Some of these platforms are nothing more than scams.

Before joining any platform, experts advise conducting research. Try to learn about other users’ platform experiences. It will aid you in choosing wisely. Avoid platforms that overstate reward percentages as well.

CoralTradeLimited accounts

Investors can sign up for one of three account types offered by CoralTradeLimited. Basic, Premium, and Advanced are some of these. Unluckily, the profit guarantee statement for each of these accounts is inflated.

Let’s examine each of these accounts in more detail;

Basic

To open the most basic account, you must deposit a minimum of $50. 3 percent daily returns are guaranteed by the account. A maximum of $6,999 may be deposited for a seven-day vesting period.

Premium

Minimum and maximum deposits accepted range from $7,000 to $19,999. For a seven-day vesting period, you are guaranteed a ROI of 4% per day. Regarding withdrawal caps, there is no quotation.

Advanced

Investors must deposit at least $20,000 to open the “best account,” which is advertised. Since institutional investors are also the account’s target market, there is no maximum. A guarantee of daily returns of 6% is given to you.

CoralTradeLimited accounts

Account attributes
These accounts are all deceiving investors. No human or machine can accomplish such a high ROI. Furthermore, none of these commitments are fulfilled at the conclusion of the vesting term. When investing in the markets, there is no such thing as a guarantee.

Prices fluctuate wildly in the markets, dropping or rising suddenly. Therefore, assuming that you would make money on every trade is not practical. We are aware that these accounts are traps because of this.

The vesting period is another problem. The vesting time on coraltradelimited.com is only seven days long. A typical, legitimate cryptocurrency investing platform has a three- to four-month minimum vesting duration.

Additionally, there isn’t a demo account available to test the platform’s accuracy. A demo account clarifies the situation. Because users will recognise the issue, the platform chooses not to provide one. Such warranties are misleading to gullible investors.

Account creation procedure
The majority of investors don’t give the account opening process much thought. You need to consider your options using these platforms. We sought to sign up for an account to observe the procedure.

As members enter the necessary information, it appears to be a typical account opening process. However, the site will wait for you to click the withdraw option once you’ve created an account. The platform then requests verification.

The site is aware that you will try anything to withdraw money at this moment. Consequently, demand that members deliver important documentation. A copy of your ID, bank statements, and credit card information are among these documents.

We don’t know why the platform would require such specific information. Other methods of account verification exist, such as two-factor authentication. We believe the platform intends to sell your personal data to outside parties.

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Coral Trade Limited, the firm that owns the business, is identified as the platform’s parent company. However, it’s unclear who owns or manages the site. On the website, we were unable to locate any registration documentation. The business appears to be unregulated.

CoralTradeLimited is now an anonymous investment platform as a result. Due diligence is impossible with anonymous investment platforms, which is an issue. Funds from an unidentified platform cannot be recovered either.

Hiring recovery specialists won’t work. These agents contribute to the issue. These agents say they will retrieve the money, yet they do nothing. Additionally, these agents lack the authority to freeze bank accounts.

The agents are the icing on the cake because there is no way to get your money back. The owners most certainly have money in offshore accounts. Bank accounts related to the platform cannot be frozen without a court order or regulatory action.

Money is secure at coraltradelimited.com? NO

Customer feedback and evaluations

There are no online reviews that are favourable. And this explains what to anticipate from the platform. The absence of a favourable evaluation indicates that the platform was not well-liked. But regrettably, there isn’t a single favourable reference for the platform on social networking sites.

Conformity, authorization, and registration CoralTradeLimited

CoralTradeLimited is not authorised to trade or invest and is not in compliance. In addition, no regulator authorised the platform to begin using its services. And that demonstrates how the platform is uncontrolled and against the law.

Verify with regulators whether a platform meets compliance requirements. Without a legal basis, the platform might impose unfavourable rules. And it is what you must stay away from.

Consult trustworthy regulators like the FCA, ASIC, BaFIN, CFTC, CNMV, CONSOB, and CySEC. FINMA, NFA, and the SEC are a few other well-known regulators. These authorities make sure that everyone complies with the laws and norms.

Payout claims each day coraltradelimited.com

Despite the temptation of daily payments on the platform, there are none. As a result, the platform falls short of keeping its promise to clients to deliver payments. While they were waiting for the platform to receive funds, hundreds of investors lost money.

Safety of funds and deposits CoralTradeLimited

Don’t count on the platform to provide any fund protection. The separation of accounts as required by law is absent. Additionally, the platform does not provide insurance coverage for client deposits. Members are not protected from external attacks by SSL encryption or DDoS defence.

Are Coral Trade Limited authorised or governed? NO

Final thoughts

A SCAM IS CORALTRADELIMITED!

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To recover your money from CoralTradeLimited, consult the asset recovery experts at The Capital Co (www.thecapitalco.net), with an excellent record in fund recovery, your case won’t be an exception. Contact The Capital Co (www.thecapitalco.net) now.