The Ontario OSC Added COINIBANK into Its Warnings On 19 Dec 2022, the Ontario Securities Commission (OSC) issued a warning that Marketsxo is not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/coinibank

BrokersView has reviewed that COINIBANK is an Unregulated Forex Broker COINIBANK claims to be an online trading Forex and CFD broker while presenting no details about its regulations. Lacking regulatory information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their certificates and licenses in a prominent position. It is a red flag here.Besides, the Ontario Securities Commission (OSC) issued a warning that COINIBANK was not registered in Ontario to engage in the business of trading in securities. The truth is that COINIBANK 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.