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

EXcoin

Estonia|Scam Brokers|
5-10 years|Suspicious Regulatory License|MT4/5 White Label|Chinese market only|Suspicious Overrun|High potential risk|

http://www.excoin.zone/en

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
ExcoinLtd-Demo MT4
Server Location Hong Kong

Contact

info@excoin.io
http://www.excoin.zone/en
https://www.facebook.com/EXcoinF/
https://twitter.com/ExcoinF
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

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

Single Core

1G

40G

Open Now

Broker Information

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Company Name

EXcoin

Company Abbreviation

EXcoin

Platform registered country and region

Estonia

Company website
Twitter
Facebook

Pyramid scheme complaint

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This platform is a Ponzi Scheme. Please stay away! 4
Previous Detection : 2024-03-28
  • 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

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Expose

    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.
    2023-03-17 18:24
    Reply
    0
    0
    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
    2023-02-01 05:52
    Reply
    0
    0
    ZubaiR Ahmed
    more than one year
    Hfhh
    2023-02-01 00:32
    Reply
    1
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