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No Regulation
Score
1.37 /10
Danger
Cointradefluxfx
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index5.89
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
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!
Previous Detection :
2024-12-23
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: Cointradefluxfx's official website: https://cointradeflux.com is currently inaccessible normally.
| CointradefluxfxReview Summary | |
| Founded | 2022 |
| Registered Country/Region | United States |
| Regulation | Not regulated |
| Market Instruments | forex, commodities, indices, stocks and cryptocurrencies |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | From 1.5 pips |
| Trading Platform | Proprietary platform and MT4 |
| Min Deposit | $250 |
| Customer Support | live chat: 24/7 |
| Physical Address: 2617 Court Ground Rd Washington, Georgia | |
CointradefluxFX is an unregulated broker registered in the United States in 2022. It supports trading through MetaTrader 4 and their own proprietary platform. In addition, CointradefluxFX offers three types of accounts, each with varying minimum deposits and leverage up to 1:500.
Pros and Cons
| Pros | Cons |
| Multiple trading choices | No Legal regulation |
| Multiple account types | No demo accounts |
| MT4 support | Limited contact channels |
| Lack of transparency | |
| Unavailable website |
Is CointradefluxFX Legit?
The domain of CointradefluxFX was registered on February 22, 2022, updated on January 25, 2024, and will expire on February 22, 2025.
In addition, CointradefluxFX operates as an unregulated broker, which poses a high risk for you. Consequently, you are advised to avoid this broker.
What Can I Trade on CointradefluxFX?
CointradefluxFX offers five types of trading instruments, including forex, commodites, etc. and you can look for more details in the following table. However, since the website of CointradefluxFX is unavailable, specific information about each product remains unknown.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ✔ |
| Mutual Fund | ❌ |
| Futures | ❌ |
Account Type/Leverage/Spread
The account types offered by CointradefluxFX include Promo, Upgrade, and Diamond accounts. The maximum leverage is up to 1:500, which is relatively high in the industry. However, high leverage entails high risks, and since this broker lacks legal regulation, you are advised to avoid trading with this broker.
| Account | Min Deposit | Max Leverage | Spread |
| Promo | $300 | 1:500 | From 0.0 pips |
| Upgrade | $500 | From 1.6 pips | |
| Diamond | $50,000 | From 0.0 pips |
Trading Platform
Cointradefluxfx claims to offer MetaTrader 4, which includes advanced charting tools, technical indicators, and automated trading. In addition, the company also offers its own proprietary trading platform.
| Trading Platform | Supported | Available Devices |
| MT4 | ✔ | Computer and phone |
| MT5 | ❌ | / |
| cTrade | ❌ | / |
| Proprietary platform | ✔ | Computer |
Deposit and Withdrawal
Cointradefluxfx claims to accept payments using credit/debit cards, Bank Transfer, E-wallets, and Cryptocurrencies. However, since this broker is not subject to any legal regulation and its official website is inaccessible, you are advised not to trust any information they provide.
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