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Coindirect Review 2025

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Brief Look at Coindirect

Founded in 2017, Coindirect claims to be a brokerage firm with offices in London and South Africa. However, several red flags raise concerns. The director, Jess Hemson-Struthers, also co-founded Balfour VC, a tech group behind Coindirect, Infinity Group, Next, and other ventures later exposed as scams.
Coindirect's website lacks documents verifying its legitimacy, and it reportedly does not hold a brokerage license.
Numerous online complaints allege bonus manipulations, account blockages, non-market quotes, and withdrawal issues. No independent reviews mention successful withdrawals from Coindirect accounts.
Due to these concerning factors, Coindirect has been blacklisted among brokers. Using this platform for trading is highly discouraged.

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gabrielaku69
2 years ago

In Coindirect, the terminal does not work well, inadequately, illiterately, it only helps to merge, with the withdrawal of the problem. I personally am not satisfied, I plan to leave. I'm waiting for the withdrawal of the rest, but I'm already starting to worry.

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genevaro4
2 years ago

Coindirect does not withdraw money, I have been waiting since May 14, 2022. It seems that the crypto market is a big kitchen scheme, worse than anything, there is money, but they don’t give it to you. Crypto scammer! Don't nana them, and don't believe them!

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maertpc
4 years ago

Coindirect has been in the lead for the second year in my personal rating. Here I can trade my favorite cryptocurrency, receive bonuses for inviting new users, and I don’t need any more for work. Market commissions here are some of the lowest, it's also a sin to complain about the trading platform because everything is working properly, and I haven't noticed any lags. The interface is also convenient and intuitive. To everyone who makes money on cryptocurrency, I recommend opening an account with Coindirect.

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AkbarDJ
4 years ago

I will say right away: if you are looking for a full-fledged broker that offers both crypto and phytane currencies, Coindirect is not for you. But for working with crypto, this exchange is a great option. The execution is fast, and the commission is only for transactions. With the deposit and withdrawal of funds, problems do not arise in principle (and this is one of the most important factors when choosing a crypto exchange). Personally, I have identified only one drawback: there is no training. Of course, no company will provide all the materials that are needed for trading, but at least basic information can be provided for the cryptocurrencies and tokens that Coindirect hosts.

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sangram_badhe
4 years ago

Coindirect positions itself as a cryptocurrency exchange and does an excellent job of its duties. I think this is better than offering a dozen services, entering different markets, but providing less than the best service. So there are no problems with trading conditions in Coindirect. You can work here, especially since the commissions are insignificant in comparison with its competitors. Yes, there are only 40 assets in the list of instruments, but all of them are verified, so there can be no problems with liquidity.

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jobel
4 years ago

The main components of any cryptocurrency exchange are the precise operations of the platform, a sufficient number of assets, and the absence of problems when withdrawing funds. Coindirect comprises all these components so, there is nothing about which to complain. At the same time, I would like to see analytical materials here, but Coindirect does not have them. For me, this is an insignificant minus, since I am always in the know by my profession, but those who are used to finding analytics immediately on the trading floor will have to make additional efforts.

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JDKUMAR
4 years ago

I opened accounts on two cryptocurrency exchanges simultaneously to compare trading conditions and the workflow for each. So far, Coindirect is showing its best side: the minimum deposit is low, the commission is adequate, the main cryptocurrency is presented, and the funds were withdrawn without problems. At the same time, I do not have enough tutorials, guides, or other training materials here! Of course, given the trading conditions, I will probably stay here, but I really look forward to such updates in Coindirect in the future.

We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.

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