Score

1.41 /10
Danger

Global Coin Fx Trading

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.24

Risk Management Index0.00

Software Index4.00

License Index0.00

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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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Broker Information

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Company Name

Global Coin Fx Trading

Company Abbreviation

Global Coin Fx Trading

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

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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

Global Coin Fx Trading · Company summary

Since Global Coin FX Tradings official website (https://globalcoinfxtrading.live/) is temporarily down, we could only piece together a rough picture of this broker by gathering relevant information from other websites.

basic-info

General Information

Global Coin FX Trading is an online forex, with its founding year and the company behind it not disclosed to all. This broker is said to offer four trading accounts, with the minimum deposit of $300 to start trading. As this brokers official website cannot be opened at the moment, we were unable to obtain further details about its trading assets, leverage, spreads and commissions, trading platforms and more.

Is Global Coin FX Trading safe to trade with

Obviously, Global Coin FX Trading has let us down when it comes to enforcing rules and regulations. This broker has been confirmed to be outside of the purview of any regulatory bodies. In light of this lack of licensing, WikiFX has assigned it a regulatory status of “No License” and an overall quality rating of 1.16 out of 10.

Bear in mind that trading with an unregulated forex broker is a surefire way to lose your money. Before making any choice, investors are advised to check out a forex brokers regulatory status on WikiFX.

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Account Types

Global Coin FX Trading offers four investment plans, namely MINI, SILVER, GOLD, AND PLATINUM. To open a mini plan, an initial deposit of $300 is required, much higher than its peers requirements.

account-types

Trading Platform

Please note what Global Coin FX Trading offers to its clients is not the industry-leading MT4 or MT5 trading platform.

Customer Support

Worryingly, traders can only reach out to FX Tray about any questions or concerns they may have about their accounts or their trading through an email: support@globalcoinfxtrading.live.

No other more direct contact channels like phone support, are available.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

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俺is笑眼君~芬芳的世界
more than one year
Global Coin Fx Trading actually requires an initial deposit of $300 for the mini account, which is too high! No wonder they're out of business now🙂🙂
Global Coin Fx Trading actually requires an initial deposit of $300 for the mini account, which is too high! No wonder they're out of business now🙂🙂
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2023-02-23 11:31
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Ende Tan
more than one year
Brokers asking high minimum deposit are really not my type, and what’s worse, this broker does not hold any license to support its operation. It is wasting my time here.
Brokers asking high minimum deposit are really not my type, and what’s worse, this broker does not hold any license to support its operation. It is wasting my time here.
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2023-02-14 10:21
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