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Global Broker governance & inquiry App
Suspicious Clone
Score
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/10
The WikiFX Score of this broker is reduced because of too many complaints!
COZFX
United Kingdom|5-10 years| Suspicious Regulatory License|White label MT4|The server is only located in China.|High potential risk|
http://www.forexcoz.com/en/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
White Label
2
Server Name
COZfx-Demo MT4
Server Location 
China
ChinaContact
+44 7451273377
support@fxcoz.com
http://www.forexcoz.com/en/
Unit G25 Waterfront Studios, 1 Dock Road, London, United Kingdom, E16 1AH
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
Contact number
English
+44 7451273377
Broker Information
More
Company Name
COZFX
Company Abbreviation
COZFX
Platform registered country and region
United Kingdom
Company website
Pyramid scheme complaint
Expose
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
5
Previous Detection :
2024-04-18
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The number of the complaints received by WikiFX have reached 32 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
WikiFX Verification
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Exposure
36 pieces of exposure in total Pyramid scheme complaint
Expose Unable to Withdraw
Unable to witdhraw fcapital. Have to pay personal income tax
This is a fraud.
2020-11-21 21:34
Resolved
Unable to withdraw!
Can't withdraw money! Swindle people's money, like a regular platform!
2021-04-05 21:24
Unable to Withdraw
Unable to withdraw
It has been three months since I can’t withdraw funds. Who can help me handle it? It there any regulator?
2021-02-09 13:39
Unable to Withdraw
pay back my pension
Can't withdraw my prosit since last September with the excuse f payment channel probelm. I suspect this is a scam and the leader will abscond with money. I hope the capital can be recovered. Thanks for your help.
2021-01-18 09:51
Unable to Withdraw
Unable to withdraw
It has been over two months. Keep delaying
2020-11-16 14:59
Unable to Withdraw
Unable to withdraw
The withdrawal on October 2 hasn't arrived yet. Please give me an explanation
2020-11-01 11:18
Unable to Withdraw
Unable to withdraw
Withdrew on November 13. But I haven't received the witdhrawal yet. The customer service asked me to wait.
2020-11-28 18:25
Unable to Withdraw
Fraud platform gives no access to withdrawal. Regulators sould punish these frauds strictly !!!
At the end of October, I met a person named Chen Xin on WeChat and took me to the COzFx foreign exchange platform to say that I could make 100% money. I started to invest 50,000, and then invested another 100,000 during the operation. When I withdrew, I said that there was a problem with the bank card number and the cash could not be withdrawn. 15% margin is required to withdraw cash. But now...
2020-12-30 00:15
Unable to Withdraw
Can’t withdraw for over a month
The withdrawal hasn’t arrived and I can’t contact anyone.
2020-11-02 19:13
Unable to Withdraw
Fraud platform, COZFX
It has been a month since COZFX gave no access to withdraw. The platform just ignore me.
2020-11-01 22:41
Unable to Withdraw
The withdraw can't arrive
Can't receive the withdrawal on November 13. The customer service replied the money was going to be remitted
2020-12-04 19:23
Unable to Withdraw
Invest in COZFX which is a fraud platform. So I was cheated of 50,000. Unable to withdraw without paying 120,000 as margin
I knew a beauty named Xiaoyun via WeChat moments. SHe said she earned money by investing forex. Adn she said she can profit 100% for there was a professional teacher guiding us. I observed for a lpng time and I was attracted. I invested 50,000. When I withdrew funds, I have to deposit more money. They said I have to add over 40,000 because of the lose cause by my wrong operation. It didn't make sense. And I didn't have enough money to compensate. Then I searched on the net, I found there were so many people cheated just like me. Pls help me, tks so much!
2020-12-13 14:46
Unable to Withdraw
Unable to withdraw
The withdrawal took more than 1 year. It almost disappeared.
2021-09-18 17:27
Resolved
nable to withdraw
Scam money. I hope the relavant departments can help me investigate. This app seems like a real one!
2021-04-06 08:45
Scam
Beguiled of 242,000
This fraud may live abroad. They fake all the info that is posted on their Moments. Induce people by high profit. He’ll blacklist u if you find out his scam. Then the web will be disabled.
2021-01-05 09:57
Unable to Withdraw
The withdrawal can’t arrive
The first withdrawal was refused because of wrong bank card number. And I paid margin to modify it and added money to improve the credit score. But I was rejected again for illegal operations and I paid a fine. I was told that I can withdraw after one day and my account would be disabled after I withdraw. But the withdraw hasn’t arrived for a month. The customer service said it was waiting for remittance, or I can pay for the VIP channel. Cuz I can’t use the account after I withdraw funds, I didn’t open VIP. But the customer service hasn’t replied to me since December 3. And I have no access to the online customer service
2020-12-08 17:19
COZFX · Company Summary
Note: COZFX is to operate via the website - https://www.forexcoz.com/en/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
The Australia ASIC regulation (license number: 247017) claimed by this broker is suspected to be a clone. Also, the WikiFX cloud system has verified this broker has way too many complaints, and it is on the WikiFX complaint blacklist. Please be aware of the risk!
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
COZFX is allegedly a forex broker registered in the United Kingdom that claims to provide its clients with flexible leverage up to 1:400 on the MT4 trading platform via two different live account types.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, spreads, minimum deposits, etc.
As for regulation, it has been verified that COZFX holds a suspicious clone Australia Securities & Investment Commission (ASIC) license and it has gotten many complaints. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.42/10. Please be aware of the risk.
Market Instruments
COZFX advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.
Account Types
COZFX claims to offer STP and ECN accounts. However, it says nothing about the minimum initial deposit requirement to open an account.
Leverage
The leverage offered by COZFX is adjusted based on account types. Clients on the STP account can enjoy the maximum leverage of 1:400, while the ECN account can experience leverage of 1:100. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform Available
According to the information on the website, we found that COZFX seems to give traders the world's most advanced and popularly-used MT4 platform. However, we have no way to confirm if it is available because the website states that it currently does not have any sponsors for us. Anyway, MT4 is highly praised by traders and brokers alike due to its ease of use and great functionality. This trading platform offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Customer Support
COZFXs customer support can be reached by telephone: +44 7451273377, email: support@fxcoz.com or info@fxcoz.xom. Company address: Unit G25 Waterfront Studios, 1 Dock Road, London, United Kingdom, E16 1AH.
Pros & Cons
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