Is Cobenfxtrades company legit?

By Khanyi 13, from South Africa, January 2, 2022 at 08:04 PM

Is this company legit I started trading 15.12

  • Is Cobenfxtrades Company Legit?
Answer: Hi Khanyi 13,

The LTD claims to be a modern investment program who owned by LTD based in the United Kingdom with the Corporate Headquarters in London. They also claim to be registered in Companies House. We should note here that Companies House is the United Kingdom’s registrar of companies, it is not the regulator that approves licenses for the brokers in the UK. The correct financial authority we should be looking for is the Financial Conduct Authority, however, does not hold a license from the FCA.

We would recommend to stay away from this broker and stop any cooperation with it. If you have already invested, try to withdraw your funds as there is a chance the broker will not want to release your money.


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