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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