Summary
Coinvx Broker claims to offer profitable trading opportunities, but research shows that it is not a regulated or licensed broker. Trusted authorities such as the FCA (UK), ASIC (Australia), and CySEC (Cyprus) do not oversee the platform’s operations. Many users have reported issues with withdrawals, hidden fees, and misleading claims.
Exercise extreme caution if you are considering investing, and always verify a broker’s regulatory status before depositing any money.
Is Coinvx Broker Regulated or Legit?
No, Coinvx Broker is not a regulated broker. No significant financial authority has issued it a valid license. Your investment is very risky because unregulated brokers are not obligated to protect investors, separate client funds, or adhere to compliance regulations.
Recommendation: Invest only with brokers who have been approved by reputable authorities like the FCA, ASIC, or CySEC. Direct confirmation of registration information is available on the regulator’s website.
About Coinvx Broker
- Company Name: Coinvx
- Official Website: www.coinvx.net
- Registered Address: Gustava Zemgala, Gatve 78, Riga, LATVIA
- Regulatory Warning: Financial Conduct Authority (UK)
- Domain Blacklist Status: The domain www.coinvx.net was checked against 70 known blacklists and was listed once on the Spamhaus DBL database. This indicates potential spam or fraudulent activity linked to the website.
Cross-check these details carefully. Many fraudulent platforms clone legitimate websites or publish fake information to appear trustworthy.
Authorities have put Coinvx on the radar as a potential scam, and there are numerous regulatory warnings that state that Coinvx is NOT authorized to provide any financial services. The authorities have warned investors against dealing with Coinvx due to a serious threat to financial security and investor protection.
Warnings By Financial Conduct Authority (UK)
Unregulated Activity
The UK’s Financial Conduct Authority (FCA) has noted that Coinvx is NOT registered or authorized to provide ANY financial or investment services. Specifically, Coinvx is operating completely unregulated, which means they are operating completely outside of the legal framework and are able to manipulate funds and defraud investors completely unchecked.
Investors are Not Covered
Investors who trade with unregulated companies like Coinvx are not covered under the Financial Services Compensation Scheme (FSCS) or any other lawful avenue of recompense should the company fail or refuse to return their money. Clients also cannot take a complaint to the Financial Ombudsman Service, which closes any avenue for protection.
The absence of regulation, deceit, and lack of protection are all identifying characteristics of a financial scam, and at all costs, investors or traders should not trade with Coinvx. Awareness of a company’s regulatory status is essential anytime any investment is made.
Common Online Scams Similar to Coinvx
Scammers often use similar patterns across multiple industries. Here are the most frequent ones to watch for:
1. Forex and Trading Scams
Unregulated brokers promise high returns and later block withdrawals or manipulate trades.
2. Cryptocurrency Scams
Fake investment programs or phishing links steal funds and digital assets from investors.
3. Social Media Scams
Fraudulent ads on Facebook, Instagram, and Telegram promote quick profits or “guaranteed signals.”
4. Romance Scams
Scammers build emotional trust through dating apps and later request money for false emergencies.
5. Phishing and Identity Theft
Fake websites or login forms collect banking or personal information under the guise of verification.
How Scams Report Helps Victims Recover Lost Funds
If you’ve lost money to Coinvx Broker or a similar platform, Scams Report can guide you through potential recovery options.
Our Services Include:
- Free Case Evaluation: Review your situation and suggest a recovery path.
- Chargeback Assistance: Help initiate card disputes to reclaim funds.
- Crypto Recovery: Specialized support for victims of cryptocurrency fraud.
- Legal Guidance: Access to trusted partners for filing formal fraud complaints.
We provide personalized support and step-by-step help to increase your chances of recovering lost funds.
About Scams Report
Scams Report is an independent organization that exposes online investment frauds and helps victims recover lost money. Our experts have over a decade of experience tracking scam websites and maintaining a live database of fraudulent brokers.
We publish verified scam alerts, broker reviews, and recovery resources to protect traders worldwide and promote financial awareness.
FAQ
1. Is the Coinvx Broker a fraud?
Yes. Coinvx Broker operates without a verified license and shows multiple red flags, including withdrawal complaints and misleading claims.
2. Can I get my money back from Coinvx Broker?
Possibly. If you paid using a credit card or cryptocurrency, recovery options such as chargebacks or crypto tracing may be available. Contact Scams Report for a free review.
3. How do I confirm if a broker is regulated?
Check the regulator’s official website (e.g., FCA, ASIC, CySEC) using the broker’s license number. If no record exists, the broker is unregulated.
4. What are the dangers of unregulated brokers?
They can freeze your funds, alter trades, or disappear entirely with no legal accountability or protection for investors.
5. How can I protect myself against online fraud?
Only invest with licensed brokers, read independent reviews, and avoid platforms promising guaranteed profits or unrealistic returns.
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Disclaimer: Online reports, user reviews, and publicly accessible data served as the foundation for this analysis. It is meant to be educational. Before investing with any broker, always do extensive research.
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