Coinrise Review: Is Coinrise A Legit Crypto Broker?

Forex

Coinrise Logo

The current crypto market is up on its feet, due to data showing Binance Coin (BNB) has swept past its two major competitors, Bitcoin and Ethereum, by gaining a whopping 1,300% this year. Relatively, Bitcoin and Ether gained “only” 65% and 408%, respectively.

With such confident crypto waves, trading and investing in cryptocurrencies can be a fruitful decision. Coinrise is a crypto-based broker that asserts to offer super-tight spreads with no markups, lower leverages, and the best analysis tools for all traders.

Let’s evaluate if the assertions are valid in today’s review section.

Table of Contents

About the brand

Coinrise is a Canada-based crypto-centric online trading platform that caters to the ever-growing need for financial experts in capital markets, finance, and banking.

With an experience of over 15 years in the dynamic trading world, the broker claims to have figured out the way to garner a vast clientele by offering tailored services, a wide range of account types, and an ultra-modern trading platform.

The brand’s web-based platform is futuristic, easy-to-navigate, and features various technical indicators, live market alerts and updates, personalized notifications, and advanced TradingView charts.

Assets

With Coinrise, traders can get safe and secure access to assets like cryptocurrencies via its CFD trading account tiers. In addition, one can also trade over the global stock market and stay updated with its news section.

Besides crypto and stocks, the brand also provides hedge funds to its advanced clients as an excellent alternative investment. Registered users can make extensive use of leverage and super-tight spreads along with some advanced investment techniques.

Coinrise Assets and Instruments

Source: https://www.coinrise.ca/trading-2/

Account types

Coinrise provides a vast array of account types: Mini, Silver, Gold, Platinum, Diamond, and VIP accounts.

Out of these, the Diamond account caught our attention. According to the website, the minimum trade size is 0.01 lots and access is granted to advanced trading platforms like MT4 and MT5. a personal account manager, competitive spreads, and flexible bonus offerings are just some of the perks that come with this account.

In addition, Diamond account holders can get their withdrawal requests approved within a single business day and can enjoy leverage of up to 1:500 and an 80% welcome bonus. Users can also access 4 weekly managed sessions with a manager.

In general, all accounts offer super-tight spreads with no markups, competitive commissions, scalping, and high-volume trading. Also, all members are provided with a specific welcome bonus according to their selected account type.

Customer support

In terms of support, the brand offers its dedicated multilingual customer support staff that operates 24/6 to resolve its clients’ queries related to trading accounts, platforms, personal information and many other issues. The broker’s representatives can be contacted via email, live chat, WhatsApp, or telephonic call.

Customer Support

Source: https://www.coinrise.ca/contact/

Pros

Multilingual customer support staff
Welcome bonuses for all registered users
Offers super-tight spread with no markups for all

Cons

Doesn’t offer educational resources for beginner traders
Doesn’t provide MT4 and MT5 platforms to all account members

Final thought

Now that we’ve examined the broker’s offerings, it would be appropriate to state that Coinrise is a legit, reliable, and transparent crypto broker that strives to make its clients’ journey in the crypto world more accessible and simpler. Considering its experience in the market, beginner traders can, therefore, rely on the brand and build a diverse crypto portfolio.