Review summary
COINFX, operating as Coin Fx Limited, is a financial entity registered in the United Kingdom with a reported operational history of 1-2 years. The broker offers tiered account types with minimum deposits ranging from $35 for its BRONZE account to $500,000 for the PLATINUM MONTHLY tier, with all accounts supporting scalping, hedging, and Expert Advisors (EA). However, this entity holds no valid forex trading licenses from any authoritative financial regulator and is officially categorized as 'Not Regulated'. This complete lack of regulatory oversight means client funds are not protected under any recognized compensation scheme and the broker operates without standard financial conduct supervision. According to WikiFX data, the SkyEye score for COINFX is 1.27, reflecting an extremely high-risk profile primarily due to its unregulated status and the nature of its offered accounts, which focus on cryptocurrency 'mining' packages rather than traditional forex or CFD trading. This operational model, combined with the absence of regulatory safeguards, presents a fundamentally high-risk proposition for potential traders. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-05-02)
