In this review, we will describe why you should be cautious dealing with Coperstone.
Is Coperstone Legit?
Coperstone is an offshore broker. Problem with offshore brokers is that they are not reliable and abuse the regulations. Make sure to stay away from this broker as they are anonymous and that they can disappear any time without notice.
To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this brokerage firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why Coperstone is a dangerous broker to deal with.
Are Funds Safe with Coperstone ?
With such lack of information and Coperstone being offshore, funds are not safe. Security of funds is a huge problem with offshore brokers. A red flag that we noticed is Coperstone is withholding vital information to users.
Coperstone could go bankrupt from one day to another since there are no banking information about this broker.
Coperstone Review: our Conclusion!
Coperstone is an offshore broker. If you have been scammed, check out our ChargeBack process here or get a Free Consultation by a team of expert by clicking here.
Coperstone Review
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Website URL : www.coperstone.com
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Business Area : Forex / CFD broker
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Regulation : Regulated by the Vanuatu Financial Services Commission
Their analyst Kevin Snow called me to invest $600 which he said he would help place a trade. I took the opportunity and invested $300 on an Ethereum trade based on their recommendation.
The following day, I was called by Benjamin Simons who wanted me to invest another $300 as he was saying the trade was risky based on on Kevin’s recommendation. I told him no and a few hours later, after checking the trade, the $300 was gone. When I called to inform them, they said there was nothing they could do and I was warned by them that I should’ve add another $300.
Their website says they are based in the UK and Canada, however after calling my bank, their banking account is based in CHINA!!