Cointeck Review 2025

Is Cointeck Scam or Legit Broker?

No, it is not safe to trade with Cointeck. The broker is located in Estonia and it should have a license from the local authority to be able to offer financial services in the country.

• However, despite the fact that Cointeck positions itself as a regulated broker, it does not registered by the Estonian Financial Supervision Authority (EFSA).

What is Cointeck?

Cointeck is a broker that offers CFDs and cryptocurrency Forex trading. Cointeck.io is operated by CCLR Limited. According to the terms and conditions that can be found on the website, "CCLR Limited is registered in Estonia under the Companies Law, with a license to provide financial and crypto services. The license number is 14447182. Its registered office is at 4 Parda St., downtown district, Harju county, Tallinn, 10151", however, we have checked the register of the Estonian Financial Supervision Authority (EFSA) and there is no record of Cointeck's license. It can be considered the main problem with this brokerage.

• In addition, Cointeck claims to be based in Leicester, UK, but again, it doesn't hold a license from UK's Financial Conduct Authority that would let it provide financial services in the UK.

What is Cointeck?

We highly recommend trading only with entities regulated by well-respected institutions such as the Financial Conduct Authority in the UK or the Cyprus Securities and Exchange Commission (CySEC). As the safety of funds should be a priority for all investors as well as brokerages.

Well-regulated brokers are required to follow strict rules which include protection of the money in segregated accounts and providing compensation schemes. For example, the FCA ensures up to 50,000 GBP and CySEC's compensation scheme covers up to 20,000 EUR. Check the list of FCA-regulated brokers. In order to succeed in trading, it is always recommended to choose a reputable firm, such as FXTM or XM. 

Cointeck Update

Based on our research, the Cointeck website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.