Score

1.32 /10
Danger

COXIGO

Comoros

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 10

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index5.52

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Coxigo Markets Limited

Company Abbreviation

COXIGO

Platform registered country and region

Comoros

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2025-05-08
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
COXIGO · Company summary
COXIGO Review Summary
Founded2023
Registered Country/RegionComoros
RegulationNo regulation
Market Instruments40+ Currencies, 5+ Cryptocurrencies (Bitcoin, Litecoin, Ethereum, etc.), 75+ CFDs on Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities
Demo Account
Leverage500:1
EUR/ USD Spread/
Trading PlatformMT5 (PC, Mobile)
Minimum Deposit$100
Customer SupportPhone: +97150935206
Email: info@coxigomarkets.com
Office No. MF- 099, Golden Eyes Business Center, Al Muteena Area, Deira, Dubai, UAE
Address: Moheli Corporate Services LTD P.B. 1257 Bonovo Road, Fomboni, Comoros, KM
Regional RestrictionsUnited States, Cuba, Iraq, Myanmar, North Korea, Sudan

COXIGO Information

Founded in 2023, COXIGO is an unregulated broker registered in Comoros, offering trading on forex, commodities, indices, stocks, and cryptocurrencies with leverage up to 500:1 via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is $100.

COXIGO's homepage

Pros & Cons

ProsCons
  • MT5 supported
  • No regulation
  • Fraud protection measures provided
  • Unclear trading conditions
  • Variety of trading instruments
  • Regional restrictions
  • Demo accounts available

Is COXIGO Legit?

COXIGO asserts that it provides protection measures such as securing funds with reputable banks and maintaining a strategy that keeps client funds separate from operational capital to ensure the safety of clients money.

protection measures

However, it currently has no valid regulations. Please be aware of the risk!

No license

Market Instructments

On COXIGO, you can trade 40+ Currencies, 5+ Cryptocurrencies (Bitcoin, Litecoin, Ethereum, etc.), and 75+ CFDs on Gold, Silver, Stocks, Stock Indexes, Oil, and Other Commodities.

Tradable Instruments Supported
Forex
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs

Trading Platform

COXIGO provides its clients with the popular MT5 trading platform, which is a comprehensive and technologically advanced platform that offers a wide range of features and tools for traders.

One of the key strengths of the COXIGO MT5 platform is its advanced charting capabilities. Traders can customize their charts with multiple timeframes, indicators, and drawing tools to conduct technical analysis efficiently.

Trading PlatformSupported Available Devices Suitable for
MT4/Beginners
MT5PC, MobileExperienced traders
MT5

Deposit & Withdrawal

Deposit MethodWithdrawal Method
Tether (USDT)VISA
UUpay (uupay.vn)MasterCard

User Reviews

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User comment

3

Comments

Write a review

FX1708281172
more than one year
Very satisfied with its services and platform. They offer a wide range of financial instruments that allow me to build a diversified portfolio. The platform's stability and security give me confidence to hold positions for the long term. Their research tools and market analysis help me make informed investment decisions. Coxigo Markets is a trusted partner for me.
Very satisfied with its services and platform. They offer a wide range of financial instruments that allow me to build a diversified portfolio. The platform's stability and security give me confidence to hold positions for the long term. Their research tools and market analysis help me make informed investment decisions. Coxigo Markets is a trusted partner for me.
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2024-07-16 18:15
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FX1653683023
more than one year
Avoid collaborating with any forex proprietary trading firms associated with this broker - they'll find excuses not to pay your profit share. I'll be reaching out to regulatory authorities about this matter.
Avoid collaborating with any forex proprietary trading firms associated with this broker - they'll find excuses not to pay your profit share. I'll be reaching out to regulatory authorities about this matter.
Translate to English
2024-03-22 15:33
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10