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The WikiFX Score of this broker is reduced because of too many complaints!

EXcoin

Estonia|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|Suspicious Overrun|High potential risk|

http://www.excoin.zone/en

Website

Rating Index

Contact

info@excoin.io
http://www.excoin.zone/en
https://www.facebook.com/EXcoinF/
https://twitter.com/ExcoinF
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

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Broker Information

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Company Name

EXcoin

Abbreviation

EXcoin

Platform registered country and region

Estonia

Company website
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Pyramid scheme complaint

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This platform is a Ponzi Scheme. Please stay away! 4
Previous Detection : 2024-11-21
  • 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 11 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The EstoniaMTR regulation (license number: 14719574) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

EXcoin · WikiFX Survey

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EXcoin · Company Summary

General Information

EXCOIN is an online trading broker owned by EXcoin Ltd and located at Belize. There is no regulatory information on Excoin website. Please be aware of the risk.

Minimum Exchange Amount

The minimum amounts that could be exchanged on our server are: 3 USD.

Trading Platform Available

EXCOIN offers MetaTrader4 (MT4) as their trading platform. This is the most popular solution, which is preferred by many brokers. It is also admired by lots of traders, mainly for the outstanding charting capabilities and the add-ons which are available. At the MQL marketplace, a broker independent online store, you can test, loan and purchase newly developed technical indicators and automated trading robots (better known as Expert Advisors).

Customer Support

EXCOIN can be contacted by phone number at N/A or by email at info@excoin.io.

Their website can be found at : excoin.io.

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