Score
COZFX
United Kingdom|5-10 years| http://www.forexcoz.com/en/
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Licenses
Single Core
1G
40G
Contact number
+44 7451273377
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Broker Information
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COZFX
COZFX
United Kingdom
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The number of the complaints received by WikiFX have reached 32 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!
- The United KingdomFCA regulation (license number: 757996) claimed by this broker is suspected to be clone. Please be aware of the risk!
- The AustraliaASIC regulation (license number: 247017) claimed by this broker is suspected to be clone. Please be aware of the risk!
WikiFX Verification
Australia| Benchmark | -- |
|---|---|
| Maximum Leverage | 400:1 |
| Minimum Deposit | -- |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 100:1 |
| Minimum Deposit | -- |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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COZFX · Company Summary
Note: COZFX is to operate via the website - https://www.forexcoz.com/en/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
The Australia ASIC regulation (license number: 247017) claimed by this broker is suspected to be a clone. Also, the WikiFX cloud system has verified this broker has way too many complaints, and it is on the WikiFX complaint blacklist. Please be aware of the risk!
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
COZFX is allegedly a forex broker registered in the United Kingdom that claims to provide its clients with flexible leverage up to 1:400 on the MT4 trading platform via two different live account types.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, spreads, minimum deposits, etc.
As for regulation, it has been verified that COZFX holds a suspicious clone Australia Securities & Investment Commission (ASIC) license and it has gotten many complaints. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.42/10. Please be aware of the risk.
Market Instruments
COZFX advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.
Account Types
COZFX claims to offer STP and ECN accounts. However, it says nothing about the minimum initial deposit requirement to open an account.
Leverage
The leverage offered by COZFX is adjusted based on account types. Clients on the STP account can enjoy the maximum leverage of 1:400, while the ECN account can experience leverage of 1:100. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform Available
According to the information on the website, we found that COZFX seems to give traders the world's most advanced and popularly-used MT4 platform. However, we have no way to confirm if it is available because the website states that it currently does not have any sponsors for us. Anyway, MT4 is highly praised by traders and brokers alike due to its ease of use and great functionality. This trading platform offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Customer Support
COZFXs customer support can be reached by telephone: +44 7451273377, email: support@fxcoz.com or info@fxcoz.xom. Company address: Unit G25 Waterfront Studios, 1 Dock Road, London, United Kingdom, E16 1AH.
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