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121Coinx

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Operating status: SCAM

Website: https://121coinx.com/

Broker violations and abnormal records
  • 2025-10-19 BrokersView has reviewed that 121Coinx is an unregulated broker

    BrokersView found that the domain "https://121coinx.com/" is currently inaccessible. 121Coinx previously claimed to be registered with the St. Vincent and the Grenadines Financial Services Authority (SVG FSA), a search reveals the result no longer exists. Entrusting investor funds to this company is extremely risky due to the lack of legal safeguards. 121Coinx is a scam.

    BrokersView found that the domain "https://121coinx.com/" is currently inaccessible. 121Coinx previously claimed to be registered with the St. Vincent and the Grenadines Financial Services Authority (SVG FSA), a search reveals the result no longer exists. Entrusting investor funds to this company is extremely risky due to the lack of legal safeguards. 121Coinx is a scam.

Related Complaints

Q&A Complaints

What license does 121Coinx hold?

Marcin Marlikowski
Kyrgyzstan
2023-06-13
ANSWER 121Coinx is an unregulated broker that we advise against trading with despite the seemingly attractive deals it offers.121Coinx claims to be the trading name of OS Markets LLC, a company registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under registration number 134LLC2019. While our search in the SVG FSA register did locate corresponding records for the company, it is crucial to be aware that the SVG FSA has explicitly stated that it neither issues forex licenses nor regulates entities involved in such activities. As such, 121Coinx remains unsupervised by the relevant regulatory body.Regarding your question, although 121Coinx holds a license issued by the SVG FSA, it still operates outside the regulatory framework. Investors are exposed to significant risks including financial losses and identity theft if dealing with this trading platform, as there are no rules in place to safeguard them. Therefore, we strongly suggest investors stay away from unregulated brokers like 121Coinx and choose a fully regulated one.
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3 comments

Elena Krulwich
I think I’ll make the most of it. I appreciate nearly everything they offer except for their trading platform, but it’s not a very big problem. The main thing is that I made sure that it’s not a scam. The rest doesn’t matter.
2022-08-18
1
Reply
Viktoria Palacios
It is a Scam !! They are close a few days. Don't enter . The site is already avaible don't enter.
2022-08-02
Reply
Mirandaa
Been using this for 3 years now and can not say a bad thing. Great on customer support. Great spreads for spreadbetting just an overall great broker that's meets all the criteria.
2022-07-11
Reply
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