The UK FCA Added Coin Matrix into Its Warnings On 12 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Coin Matrix was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/coin-matrix

BrokersView has Reviewed that Coin Matrix is an Unregulated Forex Broker Coin Matrix claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. According to its website, the broker is located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this broker in UK FCA. The regulator issued a warning that Coin Matrix was providing financial services or products in the UK without authorisation. The truth is that Coin Matrix is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

BrokersView has identified that Coin Matrix's website is currently offline BrokersView found that the domain "coinmatrixfx.uk" 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.