CoinFXIndex Review: An FMA Blacklisted Broker


Share This!

CoinFXIndex is a broker with an existing warning due to its abhorrent trading conditions. With Austria’s regulator already warning investors, we feel that our readers should stay informed. All facts to this broker being one of the scams to have made millions from scamming investors. It’s our duty to expose them and show you the red flags surrounding this online trading scam. Coin FX Index is another ruthless broker who promises heaven but delivers hell. Read our eye-catching COINFXINDEX Review.

CoinFXIndex Review

To steer clear of online fraud, you need to start using reliable and trusted brokers. These brokers come highly recommended by the trading community. Make a point to stand out from the pack and use reputable brokers with years of experience. These brokers will protect your investment and share their experience. You get to learn from the best and, thus, sharpen your trading skills. Make the most out of having transparent brokers who have your interest at heart.

A Background check of CoinFXIndex

Once you land on their homepage, you get to see an easy and well-designed website. Please don’t be anxious to sign up as the broker does their best to hide their flaws. These are scam artists who will do or say anything to hype their platform.

That includes also hiding the truth in plain sight. Thankfully, we have a keen eye and know how to spot small mistakes. We do have concrete proof that proves CoinFXIndex is a fraudulent broker.

Despite having an aesthetically appealing website, there are key factors to consider. These factors include their sales pitch and what they claim to bring to the table. Nothing sets true brokers apart from scam artists than the selling pitch.

Scam artists will come with insane claims such as guaranteed daily profit margins. Other scam artists will completely miss the mark by failing to give available trading conditions. Coin FX Index is no different from other scams.

Assets available for trading

According to their banner, there’s no commission on all of their trading assets. The trading instruments the broker claims to have includes Crypto, forex, indices, and stocks. In today’s market, every broker wants to get involved in the Crypto market.

👉 Do you want to make money with a stable crypto investment platform that generates sustainable yields on investment? Get this: you can now make a steady profit margin thanks to a new innovative way of investing. YieldNodes is the answer you need to start making a decent profit with cryptocurrency investment. A multi-tiered node rental program is what Yield nodes is bringing to the table. Master-noding is the avant-garde of generating high ROI thanks to the ingenious of Stefan Hoermann and his team. With master-noding, you invest and let the platform do the rest for you. What is master-noding? It’s a new way of generating revenue by providing technology that relies on a proof of stake approach. Yieldnodes operates these crypto master-nodes and optimizes complex strategies to ensure members earn a profit. Yield Nodes will prioritize your security by providing accurate investment options. Members get protection from external losses or unforeseen changes in market conditions. This is not in any way a get rich quick scheme; once you deposit funds; you have to wait for the yields to mature. Yieldnodes is providing a proven, innovative, and secure way of making high returns on your investment with crypto master-noding.  With just a minimum deposit of €500, you are good to go! With a minimum contract duration of four months, it gives users a chance to fully experience master-noding. By joining Yieldnodes, you stand a chance of making 5 to 15% every month.  If you are still wondering whether this is a safe option, you can cancel the contract at any given time. For those who want to join and upgrade their investment strategy, Yield Nodes is the solution.Click Here To Sign up with Yieldnodes Today

PS: YieldNodes is 100% Verified and Recommended by

We don’t see any information on the currency pairs the broker offers about Crypto. And that’s one of the missing information on their platform.

Business owner

The name of the business owner is what made us realize that this is a scam. ROI Stock Limited is the company behind this trading platform. The company resides in St Vincent and the Grenadines, making them an offshore platform.

As we mention in all our reviews, avoiding offshore brokers is the first step towards freedom. All offshore brokers tend to hide the truth from investors especially relating safety of funds.

CoinFXIndex License and Registration

CoinFXIndex is not a legit brokerage platform as it already has questionable features. With most of the victims from Austria, the regulator from that region had to act. Complaints were lodged against the platform, and the FMA was the first regulator to blacklist this platform.

Coin FX Index License and Registration Status

Already on one of Europe’s trusted regulators, we believe that others will follow suit. Please stay away from the broker as they are obviously a scam. The platform is only interested in having your hard-earned money.

We could not access their ‘terms and condition’s page as the link redirects us to the homepage. There are no documents to prove that this broker has undergone any compliance or regulation. The company behind this is synonymous with other broker-related scams.

It goes without saying that this is another ruthless trading scam waiting to pounce on unsuspecting investors. Make sure you sign up with a broker who has valid trading documents that match the regulator’s records.

We have seen various comments from trading forums regarding this broker. Most of the comments center on the inability to access accounts after making deposits. One such victim is Justin Waylon, who deposited $3,000.

The balance on his account did not reflect the full amount as $1,500 was missing. He has been trying to reach the broker for an explanation with no luck. It seems that the broker has shut off all communication with Justin.

Domain details (

After checking out their domain features, one thing stands out. The platform is barely a month old, and there are complaints lodged against the platform. As of posting this review, the website was 19 days old. Records show that the website was created on March 15, 2021.

It’s clear to see that their claims of having years of online trading experience are false.

Features of CoinFXIndex

Account availability

CoinFXIndex does not indicate their account plans on their homepage. And that’s relevant information missing from their website. These scam artists do so for a reason, and they want to trap all classes of investors.

Without account details, the broker will ask for any depository amount. Naïve investors will deposit without question as the broker conjures them with an empty promise of making quick money.

Account managers

CoinFX Index Features

Once you deposit with the broker, you get assigned to an account manager. The account manager will constantly contact you for more deposits.

They claim that the more you deposit, the higher your chances of winning. And that’s the last you will hear from them, especially if you add on top of your initial deposit.

Depositing and withdrawal procedure

When it comes to depositing with the broker, the process is easy and takes five minutes to complete. Depository options listed on their homepage include Bitcoin, Maestro, MasterCard, Visa, and others.

Withdrawing funds with this broker remains to be the biggest hurdle facing members. No one has made withdrawals days after depositing. You expect to withdraw funds after a week of trading. That’s not going to happen with CoinFX Index.

Safety of funds with CoinFXIndex

There’s no safety of funds when it comes to an offshore broker. Despite claims of having a secure wallet, these false features are meant to entice investors. The broker does not segregate accounts nor insures deposits.

Without validity from regulators, we are sure the broker does not protect investors. The best option is to stay away from these scam artists.

Scam or Legit CoinFXIndex

CoinFXIndex Payment Options

CoinFXIndex is a scam that is waiting to pounce on unsuspecting investors. These investors are taken for a ride as the broker swallows all their deposits. With the broker already on FMA’s blacklist, it’s best to stay away from them.

No one will earn with this platform as it’s another ROI Stock Limited-led scam. These are scam artists who do this for a living. We hope that this review will open your eyes.

We won’t be recommending a broker that has no valid license. With the broker already on the blacklist of one of Europe’s top regulators, it’s best to stay away.

The surest way of making reasonable profit margins is by having an expert by your side. With tested and trusted brokers, your chances of winning increase. Make the bold move and sign up with leading online brokers.

We wish you all the best when it comes to online trading.

If You’d Like to Get Notified When This Site is Updated, Subscribe Below…

Add comment


Recent Posts

Recent Comments