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Not Regulated
Score
1.40 /10
Danger
COINFOREX
2-5 yearsQuestionable Regulatory License
Suspicious Operational Region
High Potential Risk
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Comparison
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Exposure
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Website
Score
Regulatory Index0.00
Business Index6.18
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
2
Previous Detection :
2026-06-02
- This broker lacks valid forex regulation. Please be aware of the risk!
- Current data indicates that this broker does not have trading software. Please be aware of the risk.
WikiFX Verification
| COINFOREX Review Summary | |
| Founded | 2009 |
| Registered Country/Region | United States |
| Regulation | No regulation |
| Market Instruments | Forex |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | Web Trader |
| Minimum Deposit | $50 |
| Customer Support | Live Chat, Contact Form |
| Tel: +13372134325 | |
| Email: admin@coinforex.ltd | |
| Social media: Telegram | |
| Address: 3346 Joey Lane Road Southwest, Shallotte, NC United states | |
| Bonus | 5% referral bonus |
COINFOREX Information
COINFOREX is a United States-based forex broker founded in 2009, which is unregulated currently. Besides, it provides five investment plans, with a minimum deposit of $50.
Pros and Cons
| Pros | Cons |
| Long operational history | Unregulated status |
| Live chat supported | Limited info on trading conditions |
| Various contact channels | |
| Five investment plans | |
| Low minimum deposit | |
| No withdrawal fee |
Is COINFOREX Legit?
COINFOREX are unregulated currently. Please be aware of the risk!
What Can I Trade on COINFOREX?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Investment Plan
COINFOREX offers five types of investment plan: Basic, Standard, Premium, Gold, and Ultimate,each designed for different levels of trader experience and investment size.
| Account Type | Minimum Deposit | Maximum Deposit | Referral Bonus |
| Basic | $50 | $499 | 5% |
| Standard | $500 | $1999 | 5% |
| Premium | $2,000 | $4999 | 5% |
| Gold | $5,000 | $9999 | 5% |
| Ultimate | $10,000 | Unlimited | 5% |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Web Trader | ✔ | Web, MacOS, Windows | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
The minimum deposit is $50, and the minimum withdrawal if $10. Withdrawal will be processed within 24 hours, with no commission fee charged. However, as to other details such as payment options and accepted currencies, COINFOREX does not reveal.
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