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The WikiFX Score of this broker is reduced because of too many complaints!
COZFX
United Kingdom|5-10 years| Suspicious Regulatory License|Suspicious Scope of Business|United Kingdom Appointed Representative(AR) Revoked|High potential risk|
http://www.cozfx.com/
Website
Rating Index
Contact
4000301379
info@cozfx.com
http://www.cozfx.com/
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
Chinese (Simplified)
4000301379
Other ways of contact
Broker Information
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Company Name
COZ FOREX
Abbreviation
COZFX
Platform registered country and region
United Kingdom
Company website
Pyramid scheme complaint
Expose
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This platform is a Ponzi Scheme. Please stay away!
5
Previous Detection :
2024-11-22
- This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
- The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.
- The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
- The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
- United KingdomFCA (license number: 757996) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
WikiFX Verification
Danger A Visit to COZFX in London UK -- Finding No Office
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