Company profile
LifeCoinFEX Review Summary in 8 PointsCompany nameLifeCoinFEXFounded Less than 2 yearsRegistered country/regionUnited KingdomRegulationUnregulatedDemo AccountAvailableMarket InstrumentsCryptocurrencyMaximum Leverage1:500Customer SupportPhone: +44 7727408190Email: support@lifecoinfex.net LifeCoinFEX's official website: http://lifecoinfex.net/ is currently inaccessible normally.LifeCoinFEX Information LifeCoinFEX is a company registered in the United Kingdom for less than two years and its parent company is registered in st vincent and the grenadines. It seems that this company is engaged in cryptocurrency trading.Pros and ConsProsConsProvide customer supportNot regulatedProvide demo accountThe website can't be opened nowIs LifeCoinFEX Legit? As for the regulatory situation, no effective regulatory information has been found so far. According to WiKiFX's investigation, LifeCoinFEX is currently not regulated by any recognized financial authorities.What Can I Trade on LifeCoinFEX? It seems that this company is engaged in cryptocurrency trading, but we have not been able to find a detailed form.Account TypeDemo account: LifeCoinFEX offers a demo account for you.Actual account: LifeCoinFEX offers a total of 4 types of accounts: silver, gold, platinum and vip. The minimum deposit to open an account is respectively $5,000, $1,000, $5,000 and $50,000.LifeCoinFEX Fees LifeCoinFEXIt doesn't detail on its website the additional trading costs of spreads, commissions, and swaps, which are very important when calculating profits and losses.Deposit and Withdrawal Regarding deposits and withdrawals, the company only lists a few payment options, such as Visa, Mastercard and Bank transfers. But it doesn't cover the most important parts, such as additional fees, and minimum amounts.
Is LifeCoinFEX safe or scam
Georgina
Spain
I started my investment with them and when I have managed to meet all the conditions I have tried to withdraw and they have disappeared, they have only replied to my mail, after a month, telling me that: The minimum amount of trading volume to be reached is 600 000, the account at the moment is at 433 245 with 144 transactions On average it takes about 2 months to reach the volume in standard setup with automated software, but if you think this is too long, we can increase the amount of transactions or increase the amount of transactions per day for the software which reduce the time but increase the pressure and risk on the account. The second option is to trade manually by yourself. Once the account is set up and reaches volume, the withdrawal window is between the 21st and 23rd of the month. All this is a lie because to this day I still can not withdraw a single € having doubled even more the initial investment. And having made many operations since I received the mail. Besides, they no longer call me and no one answers and the customer service phone number I get a voice mail in English and there is no way to contact them. They are scammers.
Exposure
2022-12-23