COZFX Forex Broker

COZFX Review Summary Founded2024-03-06 Registered Country/RegionAustralia RegulationSuspicious Clone Market InstrumentsCurrencies/Precious Metals/Oils Demo Account/ LeverageUp to 1:500 SpreadFrom 0.0 pips Trading PlatformMT4 Min Deposit$100 Customer Support/COZFX Information COZFX is a broker. There are instruments with a maximum leverage of 1:500 including currencies, precious metals, and oils. The broker also provides STP and ECN accounts. The minimum spread is from 0.0 pips and the minimum deposit is $100. COZFX is still risky due to its suspicious clone status, high leverage, and inaccessible office website.Pros and Cons Pros Cons Leverage up to 1:500Suspicious Clone Spread as low as 0.0 pipsNegative comments about withdrawal MT4 availableInaccessible office website 24/5 supportUnspecific fee and account informationIs COZFX Legit? ASIC regulates COZFX with a suspicious clone status, making it less safe than regulated brokers.What Can I Trade on COZFX? Traders can choose 48 products because the broker provides currencies, precious metals, and oils. Tradable Instruments Supported Forex✔ Oils✔ Precious Metals✔ Cryptocurrencies❌ Precious Metals❌ Shares❌ ETFs❌ Bonds❌ Mutual Funds❌Account Type COZFX provides STP and ECN accounts. Generally, ECN accounts need a commission.COZFX Fees The spread is from 0.0 pips, while the lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.Trading Platform COZFX has an authoritative MT4 trading platform. Junior traders prefer MT4 over MT5. MT4 not only provides various trading strategies but also implements EA systems. Trading PlatformSupported MT4✔Deposit and Withdrawal The minimum deposit is $100.Customer Support Options COZFX provides 24/5 multi-language support including Chinese, English, and Vietnamese support.