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EXcoin -

Score

1.53 /10
Danger

EXcoin

Estonia

Scam Brokers

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

http://www.excoin.zone/en

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Comparison

Quantity 12

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.16

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

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

EXcoin

Company Abbreviation

EXcoin

Platform registered country and region

Estonia

Company website

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Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

This platform is a Ponzi Scheme. Please stay away! 4
Previous Detection : 2024-12-26
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

WikiFX Verification

Exposure

12 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Absconded.

EXcoin has absconded, giving no access to withdrawal.

2020-08-10 11:05
Unable to Withdraw

Help. Unable to withdraw

It asked us to 20 days since the stock was to be listed. Now everyone is plunged into finance crunch.

2020-07-27 00:03
Others

Manipulation

By manipulation, the platform made member suffer all losses once they placed orders and absconded with the fund.

2020-01-21 10:05
Resolved

Unable to withdraw

Unable to withdraw. They claimed that the withdrawal would be processed within 20 working days. Such an blatant excuse to satisfy the doubters! Guess they are transferring the funds secretly.

2020-07-10 02:36
Scam

Scam

EXcoin conned me to make investment with high returns. Now the withdrawal is unavailable.

2020-08-14 09:41
Others

Unable to withdraw/Fraud/Rip-off Please have it on exposure.

EXcoin conned clients with stock investment and gave no accede to withdrawal. Please have it on exposure.

2020-07-12 00:06
Scam

The scam platform is going to run away.

It is a simply dealing-desk platform!! It induces clients to deposit fund. As it could manipulate the backstage, there is no loss in an hour.

2020-03-19 23:38
Scam

Fraud EXcoin

With the excuse of government intervention, it changed clients’ currency into theirs. The original USDT is worthy of 7 RMB, while their currency equals to 0.8 cent, i.e. 0.5 RMB. Such a scam may claim one’s life.

2020-08-11 07:49
Others

my asset were frozen

my asset were frozen，after being frozen by this fraudulent company do not trust in this company

2023-01-31 19:48
Unable to Withdraw

EXcoin gave no accede to withdrawal, keeping fending off.

The withdrawal was limited. EXcoin gave no accede to withdrawal, keeping fending off. It is likely to abscond.

2020-07-08 02:24
Unable to Withdraw

Unable to withdraw

Unable to withdraw. I was told to wait another 20 working days. Obviously, they are stalling for time. I don't know what would happen after one month.

2020-07-10 11:07
Scam

Scam

In this early May, a stranger added me and sent me some profit screenshots. Then he invited me into a group, in which teacher Xu Shiguang shared stock information and his analysis. The assistant sent me a link, which was a stock forum named BOWEN. Half of month later, the teacher recommended us to open accounts on EXcoin . Having observed for a while, I decided to deposit 200 thousand yuan. At the first 2 days, I made profits. The teacher in the forum said that he wanted to invest a stock and asked for fund gathering. He asked friends in the company to buy stocks on 27, 28, and 29 days, and wait for May 1st when the price would pull up, especially on the 28th and 29th. But the price plummeted from 23.99 to 18.69. They blamed it on motional execution. After that, I lost my mind and added 300 thousand, resulting in a huge loss. There was only 80,000 funds left in the account. They gave no explanation and gave no access to the withdrawal. At that time, I realized that I was cheated.

2020-06-23 10:07
    EXcoin · Company summary

    General Information

    EXCOIN is an online trading broker owned by EXcoin Ltd and located at Belize. There is no regulatory information on Excoin website. Please be aware of the risk.

    Minimum Exchange Amount

    The minimum amounts that could be exchanged on our server are: 3 USD.

    Trading Platform Available

    EXCOIN offers MetaTrader4 (MT4) as their trading platform. This is the most popular solution, which is preferred by many brokers. It is also admired by lots of traders, mainly for the outstanding charting capabilities and the add-ons which are available. At the MQL marketplace, a broker independent online store, you can test, loan and purchase newly developed technical indicators and automated trading robots (better known as Expert Advisors).

    Customer Support

    EXCOIN can be contacted by phone number at N/A or by email at info@excoin.io.

    Their website can be found at : excoin.io.

    User Reviews

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    User comment

    3

    Comments

    Write a review

    FX1342742058
    more than one year
    I am just grateful that I left this broker earlier, bye, its huge spreads, sharp slippage, unstable trading platform, terrible customer service… Excoin, you are the worst of all! I won't recommended this broker to anyone. Instead, i want to tell more people that stay clear of this broker.
    I am just grateful that I left this broker earlier, bye, its huge spreads, sharp slippage, unstable trading platform, terrible customer service… Excoin, you are the worst of all! I won't recommended this broker to anyone. Instead, i want to tell more people that stay clear of this broker.
    Translate to English
    2023-03-17 18:24
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    I have lost your phone number is my account my mon
    more than one year
    plz I you send me money in FNB from Bertwee
    plz I you send me money in FNB from Bertwee
    Translate to English
    2023-02-01 05:52
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    12