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Coyken

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Operating status: SCAM

Website: https://coyken.com/

Broker violations and abnormal records
  • 2024-06-11 The ASIC issues a warning against Coyken

    On June 12, 2024, the Australian Securities and Investments Commission (ASIC) issued a warning against Coyken for offering financial services in Australia without the required license. https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!coyken-coyken-com--1935

    On June 12, 2024, the Australian Securities and Investments Commission (ASIC) issued a warning against Coyken for offering financial services in Australia without the required license. https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!coyken-coyken-com--1935
  • 2025-04-22 The NZ FMA issues a warning against Coyken

    On April 23, 2025, the New Zealand Financial Markets Authority (NZ FMA) issued a warning about Coyken, stating that this platform is involved in deepfake video scams and has a connection with another fake platform CapitalXTrade. https://www.fma.govt.nz/library/warnings-and-alerts/capitalxtrade-and-coyken/

    On April 23, 2025, the New Zealand Financial Markets Authority (NZ FMA) issued a warning about Coyken, stating that this platform is involved in deepfake video scams and has a connection with another fake platform CapitalXTrade. https://www.fma.govt.nz/library/warnings-and-alerts/capitalxtrade-and-coyken/
  • 2025-04-22 BrokersView has reviewed that Coyken is an unregulated broker

    Coyken claims to be a trading platform registered with the Financial Services Authority of St. Vincent and The Grenadines (SVG FSA), allegedly holding the registration number 26894BC2022. However, the information disclosed by the SVG FSA doesn't suggest any connection between Coyken and the claimed Reg. number. In addition, the Australian Securities and Investments Commission (ASIC) and the New Zealand Financial Markets Authority (NZ FMA) have issued warnings about Coyken for suspicious financial activities.

    In essence, Coyken 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.  Coyken appears to be a scam. 

    Coyken claims to be a trading platform registered with the Financial Services Authority of St. Vincent and The Grenadines (SVG FSA), allegedly holding the registration number 26894BC2022. However, the information disclosed by the SVG FSA doesn't suggest any connection between Coyken and the claimed Reg. number. In addition, the Australian Securities and Investments Commission (ASIC) and the New Zealand Financial Markets Authority (NZ FMA) have issued warnings about Coyken for suspicious financial activities. In essence, Coyken 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. Coyken appears to be a scam.

Related Complaints

Q&A

Too good to be true. Ads by Coyken smell like scam.

Jay Marylyn
Netherlands
2025-04-24
ANSWER Dear Investor, We appreciate your vigilance in identifying fraudulent schemes. Coyken, indeed, appears to be a potential scam. The company claims to be registered with the Financial Services Authority of St. Vincent and The Grenadines (SVG FSA), under registration number 26894BC2022. However, our investigation revealed no evidence connecting Coyken to this registration number in the SVG FSA's records. Additionally, both the Australian Securities and Investments Commission (ASIC) and the New Zealand Financial Markets Authority (NZ FMA) have issued warnings about Coyken due to suspicious financial activities. For your financial safety, we strongly advise against engaging in any dealings with Coyken.
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1 comments

Denis Frolov
I understand that many people might have doubts about the reality of recovering funds, and I can relate, having been in a similar situation myself. I once believed that funds recovery was a scam and completely unrealistic. However, my perspective changed when my sister introduced me to Mrs Julie trish. Initially, I was hesitant due to my previous unpleasant experiences, but she asked for detailed information about the scammer, which I provided, and I followed their instructions throughout the recovery process. To my surprise, my funds were recovered without any upfront charges. If you find yourself in a similar predicament, I encourage you to reach out to the mentioned recoveryexpert for assistance. For more details or to check on your recovery process, feel free to contact the email provided.Julietrish9@gmail.com she a Lawyer and Refund specialist, Specialized Financial Investigator for the Bureau and a part time Private Investigator. she will guide you and help you recover your lost funds from scammers
2025-05-08
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