🔖 Company Background and Basic Information
Full name of the company: Twingle Consulting LTD (Cointrade for short)
Founded: about 2–5 years ago (estimated)
Country of registration: Commonwealth of Dominica (registered address: 8 Copthall, Roseau Valley, 00152 Commonwealth of Dominica)
Nature of the company: Private (no public financing record)
Business status: Active operation (official website accessible), but facing regulatory controversy
📊 Shareholding structure and entrepreneur level
There is no disclosure of the shareholding structure or information about the controlling shareholder, and the information of the actual controller or core shareholders is not disclosed.
🗂 Enterprise Classification and Market Positioning
Nature of enterprise: online financial trading platform, positioned to provide "foreign exchange, Commodities, stocks" trading services broker·
Market Classification: Forex and CFD brokerage platforms, non-mainstream crypto asset exchanges
🧩 Core trading products and services
Forex, currency pairs
, commodities (precious metals, crude oil, etc.),
indices
, individual stock CFDs
Cryptocurrency trading
is not supported
💻 Trading Software & Technology Infrastructure
Provide autonomy Web Trader online trading platform, no need to download, compatible with mainstream browsers, and relatively basic
functions Does not support mainstream trading terminals (such as MT4/MT5), API access or automated trading
No clear mobile app information disclosure
The
technical infrastructure is not transparent and the security is not fully explained
💰 Registered capital, deposit and withdrawal methods and fee structure
Minimum deposit threshold: Starter 250 USD/Premium 2,500 USD/Business 25,000 USD
Leverage maximum: up to 1:150 (Premium account only)
Spreads & Commissions: 1.0 pips from Starter, 0.5 pips from Premium/Business, and 15 USD/micro lot commission
for Business accounts
Deposit Methods: Credit Card (VISA/MasterCard/Maestro), Bank Wire Transfer, Cryptocurrency
High withdrawal fees:
• Minimum withdrawal fee of 35 USD, plus 10% levy
on withdrawal amount • Wire transfer fee of 50 USD, credit card 25 USD + 10 USD processing fee, no refund guarantee
for withdrawal through crypto channels
🛡 Regulatory Information & Compliance System
Not holding a license from any trusted financial regulator such as FCA, ASIC, CySEC, etc
There is no compliance report or public supervision record, and it is a high-risk platform without supervision
🧮 Risk control system and compliance practices
No public disclosure of any compliance policies (e.g. KYC, AML, segregation of client funds,
etc.) No risk control details
No third-party audits or regulatory oversight
🤝 Customer Support & Packages
Customer service channels: email and web form, 24 hours a day*5 days support
No live chat, Telephone Support Channels
Customer support cannot be localized, and the efficiency of communication is unclear
Market positioning and competitive advantage
📌
Claims to provide a "one-stop" trading platform, with a clear
threshold distinction Weak actual competitiveness, mainly compared with well-known brokers: poor regulatory transparency, limited product variety, lack of automated trading support
Market reputation: Low visibility in Forex, rating platforms such as WikiBit/Cointrade.Cc give low scores or distrust ratings
🌱 Social Responsibility and ESG
There is no public disclosure of CSR/ESG-related policies or practices
🤝 Strategic Cooperation Ecology
No disclosure of cooperation with mainstream financial, technology or custodian institutions
There is no strategic linkage information
of major brands or organizations in the Internet search
📊 Financial health
No operating income, profit, Liabilities or assets public data
Tracxn, WikiBit did not disclose financing information, and the company is positioned as "unfunded"
🚀 Future roadmap
No official announcement of future development plans
The press release hinted at the launch of the staking service and Fireblocks integration in 2022, but there were no further announcements
after that
>
✅ objective evaluation (summary).
Advantages
:concise threshold grading
provides a variety of trading markets to choose
from
Risks and disadvantages
no supervision, lack of security of funds
, high fees, limited customer withdrawals
, backward functions, lack of automation and mainstream platform support
, incomplete information disclosure, low transparency
ConclusionCointrade
(Twingle Consulting LTD) is a private online brokerage platform registered in Dominica, although it provides basic foreign exchange, commodities, and index trading services, but due to its unregulated, high fees, and simple functions, customers need to be especially cautious in choosing to use it. There are obvious deficiencies in many aspects such as compliance, risk control level, and customer protection mechanism.
