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Coiken

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Operating status: SCAM

Website: https://coiken.com/

Broker violations and abnormal records
  • Oct 19, 2025 BrokersView has reviewed that Coiken is an unregulated broker

    Coiken does not display valid regulatory approval on its website. It was previously claimed to be registered in St. Vincent. However, upon verification, this registration no longer exists, and the St. Vincent and the Grenadines Financial Services Authority (SVG FSA) lacks the authority to regulate forex, thus not constituting a valid forex license. Coiken appears to be unauthorized by any reputable financial regulator, raising serious concerns about potential fraud.

    Coiken does not display valid regulatory approval on its website. It was previously claimed to be registered in St. Vincent. However, upon verification, this registration no longer exists, and the St. Vincent and the Grenadines Financial Services Authority (SVG FSA) lacks the authority to regulate forex, thus not constituting a valid forex license. Coiken appears to be unauthorized by any reputable financial regulator, raising serious concerns about potential fraud.

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Q&A

What currency pairs can I trade with Coiken?

Montejo
Haiti
May 18, 2023
ANSWER Coiken is a non-regulated broker we advise against trading with, despite the seemingly attractive deals it offers.Coiken claims to be owned and operated by OS Markets LLC, registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under license number 134LLC2019. While we did find matching records in the SVG FSA registry, traders must bear in mind that the SVG FSA neither issues forex licenses nor regulates entities engaging in such activities. As such, having an SVG FSA registration doesn't mean being authorized and regulated to legally offer investment products or services.Regarding your question, we suggest you avoid dealing with Coiken since it is not supervised by any regulatory body. Using such a non-regulated broker could put you at risk. For example, you may suffer financial losses or identity theft as there are no safeguards in place to prevent fraud or theft. Therefore, we strongly suggest investors stay away from unregulated brokers like Coiken and opt for fully regulated ones instead.
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3 comments

Nicholas Fritscher
Working with Coiken has been a really pleasant experience, it allowed me to turn trading into an occasional source of income. The process of trading and withdrawals is smooth and quick.
Aug 15, 2022
Reply
Gene Bottigliero
Here the conditions are more difficult than with other companies. As elsewhere, there are problems. And it even happens. that you can get a simple unsubscribe from the support service, and not a solution to the problem.
Jul 31, 2022
Reply
Toni Mini
對新手友善，提供最低存款額非常低的入門帳戶
Jul 12, 2022
Reply
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.