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COIN HOUSE

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Risk Level - High

Scam Evidence & Warnings

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The UK FCA issued a warning against COIN HOUSE On June 28, 2023, the Financial Conduct Authority (FCA) issued a warning against COIN HOUSE, believing this broker might be providing financial services or products without proper authorization: https://www.fca.org.uk/news/warnings/coin-house

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BrokersView has reviewed that COIN HOUSE is an unregulated broker COIN HOUSE claims to conduct regulated activities under an FSO license. However, there is no such license supporting its legitimacy. COIN HOUSE provides a registration number 208182 supposedly issued by the Switzerland Company House. However, it is crucial to note that mere registration with the Company House cannot be deemed as the authorization of legally providing financial services/products. We searched the registry of the Swiss Financial Market Supervisory Authority (FINMA) but were unable to locate the company. This is a red flag.Additionally, in an attempt to appear real, COIN HOUSE displays an address in the UK. However, the Financial Conduct Authority (FCA) has added this broker to its warning list for unauthorized operations.In essence, COIN HOUSE is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

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BrokersView has identified that COIN HOUSE's website is currently offline BrokersView found that the domain "https://coinhousearbitrage.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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