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Score

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/10

LegalForexCoin

United Kingdom|1-2 years|
Suspicious Scope of Business|High potential risk|

https://legalforexcoin.com/en/index.html

Website

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Contact

support@legalforexcoin.com
https://legalforexcoin.com/en/index.html

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Broker Information

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Company Name

LegalForexCoin

Company Abbreviation

LegalForexCoin

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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User Reviews

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User comment

3

Comments

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Diana
more than one year
My experience with LegalForexCoin has been quite disappointing from day one. Despite having all the required documents in order, I had to endure a month-long wait for approval. Getting responses from the customer service team also proved to be a painfully slow process. I've been engaged in a struggle and lengthy discussions for months just to withdraw my funds.
2024-01-12 19:17
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firefists
more than one year
Moreover, the short lifespan of the company may suggest that it is unreliable and potentially fraudulent. As a trader, it is essential to have confidence in the stability and longevity of the brokerage you choose to work with.
2023-04-03 18:34
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firefists
more than one year
I would strongly advise everybody against trading with LegalForexCoin due to the lack of regulation and the fact that their website is no longer active. The absence of regulatory oversight poses a significant risk to traders as it may indicate that the company does not follow the necessary protocols to ensure transparency, fairness, and security of funds.
2023-04-03 18:34
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