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  • Coinrise

Overview

Coinrise has a rating of 2.1 stars from 27 reviews, indicating that most customers are generally dissatisfied with their purchases. Coinrise ranks 440th among Financial Advisory sites.

  • Service
    13
  • Value
    12
  • Quality
    13
Positive reviews (last 12 months): 0%
Positive
0
Neutral
0
Negative
1
10
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How would you rate Coinrise?
Top Positive Review

“Very recommended for novice traders”

Cassandra B.
8/26/21

Brilliant. This website has everything you need to learn how to trade. Very recommended for novice traders, just make sure you read their market news and blog daily.

Top Critical Review

“Scammer”

Michel N.
3/30/21

Dont do business with them it is scam! They will send a bit of money on your request but if you try to empty the account forget that you will never have a penny from them. They will $#*! you for every penny they can. I will find them and make them pay were ever they are what ever the cost. They leave crumbs behind them enough to be able to find them. They will try to introduce you to somebody for you to give him cash in exchange of bitcoin. They will ask you to send money at the scotiabank. Make your research carefully

Reviews (27)

Rating

Timeframe

Other

Thumbnail of user micheln19
1 review
6 helpful votes
March 30th, 2021

Dont do business with them it is scam! They will send a bit of money on your request but if you try to empty the account forget that you will never have a penny from them. They will $#*! you for every penny they can. I will find them and make them pay were ever they are what ever the cost. They leave crumbs behind them enough to be able to find them. They will try to introduce you to somebody for you to give him cash in exchange of bitcoin.
They will ask you to send money at the scotiabank. Make your research carefully

Tip for consumers:
Please make your research carefully

Products used:
Bitcoin

Thumbnail of user davidm4930
2 reviews
1 helpful vote
February 28th, 2021

Even if you're a small trader, I really recommend reading their blog. It certainly helped me understand what I was doing with my Crypto money.

Service
Value
Quality
Thumbnail of user gastonj6
1 review
0 helpful votes
October 28th, 2022

My account has an amount of *******$ +. I asked for withdraw and I received no answer. Somebody called me and ask me to send them more money in order to be able to have my money back and close my account. I told them to take their fees from my account and sending me the rest but they refuse. Since then they close my account and I am unable to reach them. I call this a steal or a scam if you prefer.
GJ

Thumbnail of user boyda21
2 reviews
8 helpful votes
December 27th, 2021
• Updated review

After my review of Coinrise I recieved this message via email
"Compliance CoinRise <*******@coinrise.co.uk>
Nov 25,2021, 2:15 PM
To me
Two can dance this tango.
Have you informed the tax authorities that you are trading bitcoin, or should we?"
Then I was locked out of account with no mention of the $1300 profit I suposedly made. Would give zero stars if possible

Tip for consumers:
I should have checked reviews more closely

Products used:
financial

They're giving me a headache!
September 20th, 2021
• Previous review

They are very pleasant when requesting your investment. However making withdrawalls is another matter. Support does not support, the phone numbers I was given are "not in service" and the withdrawalls are "pending - still" I definetly would not recomend.

Tip for consumers:
read the reviews

Products used:
financial investment

Service
Value
Quality
Thumbnail of user marcelt35
1 review
3 helpful votes
March 9th, 2022

Do not ever use these ppl you will lose everything. I lost over fifty thousand with them and there is no support at all.

Thumbnail of user michelleh2477
5 reviews
11 helpful votes
June 21st, 2022

I advice anyone trading with any of these new forex or binary option companies to withdraw their funds fully after making your first profits. I have been scammed terribly by several binary option companies. But I'm glad today cause I have had all my money returned plus my profits. Thanks to skyline-recovery com

Thumbnail of user dusanv4
1 review
2 helpful votes
February 16th, 2022

Come back to your senses and walk out of this platform for your own good. They will always make sure you are left with nothing never allow you withdrawal i had to go report them to Greenseal... tech and they helped me get my money in few days.

Service
Value
Quality
Thumbnail of user tedr153
2 reviews
7 helpful votes
May 14th, 2022

They start with a small investment and show you a big return. They pressure you to deposit more money to invest!
When you try and take money out they only give you a very small amount!
All the time they pressure you to put more in for big returns.
Eventually they agreed to withdraw my funds.
They said to open a Bitcoin.com account and they will deposit my funds in there.
Then they said I had to send them thousands of dollars to verify the bit coins in the account.
Each time I did it failed and they asked for more to try again!
Each time they made up some false reason it failed.
Now my money is in limbo somewhere and they want more money to try again!
Not happening!
No idea how I will ever retrieve my money!
Hope this helps others not invest and loose money with them

Tip for consumers:
Do not invest with counrise

Products used:
Criprobcoun and got scammed no money out all lost with counrise

Service
Value
Quality
Thumbnail of user patriciag1571
2 reviews
2 helpful votes
August 10th, 2021

Very nice platform, on site blog is good but education seems like it's repeating itself a little...

Thumbnail of user wab5
1 review
1 helpful vote
August 24th, 2021

Overall its a great platform, but their asset selection is limited.

Thumbnail of user jervism1
1 review
0 helpful votes
November 15th, 2023

When I traded with them, it was like hell on earth for me. They would always come up with new excuses to scam me out of my money. Fortunately, I was refeered to tONE lmtd who not only assisted me but also helped a friend get her money back.

Thumbnail of user jakeu11
3 reviews
19 helpful votes
November 4th, 2022

I was sweet-talked into depositing into this company big scheme and they made it sound easy money-making promises.
But when you need to withdraw, thats when you realize you have been scammed. It took me a while but i successfully recovered my money from them with assistance from cryptiide001 outlook com. They rescued me from coinrise trap.

Tip for consumers:
Read and get help

Service
Value
Quality
Thumbnail of user dougk375
1 review
3 helpful votes
February 18th, 2022

COINRISE scammed me of my money so stay away from them.

They initially want you to start with $250USD in your account and withdraw a small amount to verify it works.
Then they will ask for more money later since they don't want to work with small accounts.
James, the broker will make trades on your behalf, hopefully, making profits and your account grows.
Later, another broker, John will call to convince you that you should deposit a wire transfer and make
Significantly more profits investing in ETH. Usually the broker makes all trades in your account
But I decided to make a trade myself to learn. I opened a trade but I couldn't close it
For a profit since it kept giving me an error message. I tried several times, resetting my computer,
My cell phone, logging in/out of the account, etc. I tried calling my 2 brokers. No answer.
Tried the website chat, email and no phone contact. No reply from anyone. Getting scared since I didn't
Want to lose on the open trade. They use fake addresses in Canada but the brokers are working out of UK.
I lost $2000 CDN.

Service
Value
Quality
Thumbnail of user johnf3676
1 review
4 helpful votes
December 15th, 2021

I lost hundreds of thousands of dollars to COINRISE. They got as much as they could. Now they've ignored my attempts to contact them. Don't be fooled by their fancy looking website, and your account appearing to grow. It's total BS. The online help bot is just a dumb robot, there only to make you believe they are legitimate. JUST Don't do it.

Tip for consumers:
It’s a total scam.

Products used:
Fake cryptocurrency investment

Thumbnail of user boomh
1 review
3 helpful votes
December 7th, 2021

Warning!
Don't trade with them. Fraud and scammer. You will waste your time and money. They will not approve your withdrawal request. Their address on website is wrong and phone number is also off. Be careful guys.

Products used:
trade

Service
Value
Quality
Thumbnail of user daniela1480
1 review
5 helpful votes
May 6th, 2022

They pay for quality ads on Yahoo Finance, Newswire and YouTube. They're fantastic at making themselves look legit. Do not fall for it.

They advertise as Crypto Teachers and Traders. For the first couple of weeks they really did a good job at teaching me what crypto was and how it worked. The interface they use looked extremely professional, had a live BTC price, your account value and lists every "trade" they make.

It started with a smaller investment of $1000. Within 3-4 days, it was showing $1800. They encouraged that I "cash out" $500 to show how easy cashing out was and that I could do it any time.

After a few smaller investments, they realized I had more money and that's when they started getting aggressive and tried for bigger investments. It was the exact same. My $50,000 investment showed that I was at $80,000 after a month. I cashed out a couple of thousand and invested more over time.

Right at the start they tell you that if you trade with them, they take 6% of the profit as their payment. They communicate with you everyday. They text, email, call. They make you feel like a million bucks and that you're all in it to make money together.

They try to get to know you and will prey on your emotions. As soon as you give them any amount of money, you'll never see it again.

DO NOT FALL FOR THIS SCAM.

I lost north of 500K CAD.

Tip for consumers:
Do not use

Service
Value
Quality
Thumbnail of user cassandrab222
1 review
0 helpful votes
August 26th, 2021

Brilliant. This website has everything you need to learn how to trade. Very recommended for novice traders, just make sure you read their market news and blog daily.

Thumbnail of user jonathonr158
1 review
0 helpful votes
March 2nd, 2021

The only problem I have with them is that their interface is complicated to understand. But their support team is really good so that kind of makes up for it

Quality
Thumbnail of user gurpreets69
1 review
5 helpful votes
January 16th, 2022

Coinrise is a ponzi scheme. The fraudsters with will show you how much money they made you and pressure you to add more. They will give you back $100 to prove they are not a scam. Once they gain your trust and you add more, you will never get the money back. This is a classic ponzi scheme. DO NOT EVER GIVE THESE PEOPLE A DIME. These scammers are the scum of the earth.

Thumbnail of user linday403
4 reviews
8 helpful votes
May 7th, 2021

I don't know who gave a raving review for Coinrise but they are a total scammer. All they want is for you to put more and more money in. Every time they call me is for more money. First 1k, then 2K, then 10K, and then 20K, now they are pushing me to give 50K. My account has $4800. 00. Luckily my wallet still is not set up so I didn't transfer any more money in. They did a few good trades and so that's why my account is at $4800 USD. Try to get this fund sent back to me will be a challenge. They do not answer any phone number or text - even the chat has been turned off on my account.

Below are the conversation with James who claims to be the trader and he will not release my money and according to him, $4800 USD is a waste of his time.

Tip for consumers:
DO NOT USE THEM. STAY AWAY FROM THEM.

Products used:
I was supposed to get trade training and I didn't get any meaningful training. James traded himself. He doesn't want to release the money in my account. So, he doesn't answer his phone or text.

Every time I talk to him, he keeps asking for more money deposit into the account. The account deposit and withdrawal are not automatic. It must go through the trader. So, if he doesn't process the withdrawal, I will not get my money.

DO NOT USE COINRISE. Don't believe what they say - even if they are making money for you. The point is James made the money for me but just try to get the money out. Forget that.

Service
Value
Thumbnail of user alexg1010
1 review
5 helpful votes
November 9th, 2021

Don't even think about investing with them. They are scammers. They will ask you nicely to invest more and more. But when it comes to withdrawing they will not respond. They will make up some $#*! that either doesn't say in their Terms and Conditions and sometimes they made up the story that doesn't even make sense in the trading world.

My initial investment was $250. They assigned Joe Green as an account/portfolio manager to me. He traded a few and made some profit. I was convinced and was seeing hope with them. He called me almost every morning, almost forcing me to invest more. Kept saying 1k this week, next week another 2k and so on. He wanted to see ~15K investment in my account. I wasn't sure if I should trust. In the meantime, he assisted me with $400/usd withdrawals to shakepay. It got approved pretty fast. I guess he was in control.

After about 1.5 weeks and constant force from him, I was convinced and invested 2500/cad.
I also observed how and when he does the trading. So, one day I open and closed my own trading positing. I think ETH or BTC. I made a profit. After the end of the 2nd week, I made all the way up to 21K USD. Beginning of the third week I logged in and I see bunch of trade was sold and made so much loss. My balance came down to 9K. I asked Joe why he sold them. He made up so much $#*! and totally doesn't make sense.

He said he was trading and made up to 21K (lier, it was me, trading) Then he said there was open trading, the market went down so it took out all my profit. (Lier, before I log out, I confirmed there was no open position) I might be new to the trading world but I am not that stupid to leave a position open or trade when the market is bad. And not just one trade. He traded MULTIPLE times to take the loss.

Moreover, I made a withdrawal request to $1000, after 6 days it got approved BUT fund never came to my newton account.

From 9k I traded again and made up to 25K. This morning I logged in and I see a couple of trades by them and all of them took losses. Made my account balance -1K.
I didn't care much to receive all those 25K I had made but I really just cared to receive what I'd initially invested.

My total investment was 2700 cad and they actually approved and sent a withdrawal of 400usd.
In total, I lost about 2200 cad.

Please, stay away from these guys. I opened an account in sitejabber just to share my story. So that the next person doesn't make the same mistake. PLEASE! PLEASE! PLEASE. Save your money and invest in some other places. Binance, Coinbase all those big guys. I am pretty they won't treat you like this

Service
Value
Quality
Thumbnail of user twilan7
2 reviews
1 helpful vote
June 29th, 2022

Red Flag. They will not give you your own crypto wallet key. Therefore you have no control over your money. Red Flag. They will ask you to pay fees to them to retreive your balance and then will never see your money. Red flag. They all have the last name Green. Red flag. You do a search for crypro currency and THEY call you right away and ask you to invest. Red Flag. They give you some money back to show they are legit. But when you want to withdraw they say something like, "we're not an atm machine". Here is a link to read https://blog.shakepay.com/keeping-yourself-safe-fake-cryptocurrency-investment-website-and-exchanges/ Shakepay has more useful tips on crypto scams. DO NOT invest with these guys. Research find real crypto companies that are not unregulated! More Red Flags, Their website doesnot have a support chat feature instead you have to submit your phone number. I could go on and on..

Tip for consumers:
you will lose all you give to them. Research them and any crypto broker you want to try.

Products used:
crypto broker

Service
Value
Quality
Thumbnail of user marvab21
1 review
0 helpful votes
August 25th, 2021

I decided to jump on the crypto wagon after having some thoughts, I actually don't have anything to compare Coinriset o since it's my first crypto trading platform experience, but trading is trading, and after working with endless CFD's, FX, etc, I can tell the difference between a garbage brand and a true brand, this one is definitely the latter, recommend

Thumbnail of user danah338
2 reviews
0 helpful votes
February 12th, 2021

An amazingly convenient platform! Very easy to use especially for beginners. No need to confuse yourself because the UI is so understandable.

Service
Value
Quality
Thumbnail of user michaelc5339
1 review
0 helpful votes
August 26th, 2021

The fastest withdrawals in the business. They say it takes up to 5 business days but usually it takes less. Their support team is really good too, they almost always answer within minutes

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