According to its website, it claims to be registered with the Securities and Investments Commission (SIC). After extensive searching, no similar regulatory body was found. It is very likely that the broker fabricated a fake registration.
In addition, it is located in the UK, and in order to exercise foreign exchange in the UK, it must obtain a license from the Financial Conduct Authority (FCA). However, upon investigation, we found that the United Kingdom Financial Conduct Authority (FCA) issued a warning against FOREX COIN INVESTMENT, believing this company might be providing financial services or products without authorisation in the UK.
In essence, FOREX COIN INVESTMENT is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
FOREX COIN INVESTMENT appears to be a scam.
According to its website, it claims to be registered with the Securities and Investments Commission (SIC). After extensive searching, no similar regulatory body was found. It is very likely that the broker fabricated a fake registration.In addition, it is located in the UK, and in order to exercise foreign exchange in the UK, it must obtain a license from the Financial Conduct Authority (FCA). However, upon investigation, we found that the United Kingdom Financial Conduct Authority (FCA) issued a warning against FOREX COIN INVESTMENT, believing this company might be providing financial services or products without authorisation in the UK.In essence, FOREX COIN INVESTMENT is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.FOREX COIN INVESTMENT appears to be a scam.