Deluxe Coin FX Review

About Deluxe Coin FX

Deluxe Coin FX is not regulated by any recognized financial authority and was issued an unauthorized activity warning by the UK Financial Conduct Authority (FCA) on April 26, 2022, for providing financial services or products in the UK without FCA authorization (). The Financial Commission also added Deluxe Coin FX to its Warning List on April 28, 2022, noting concerns over potential fraud and advising against engaging with the entity ().

The broker’s official website (deluxecoinfx.com) is currently inaccessible, which is a significant operational red flag (). There is no verifiable registration in the UK Companies House, and no licenses have been identified; claims of registration in London are unsupported (). Available information indicates Deluxe Coin FX focused on cryptocurrency trading, offered three investment plans (Starter, Premium, Gold) and advertised a minimum deposit around USD 60–100, but lacked transparent trading conditions such as spreads, leverage, platforms, or account types ().

Pros and cons

Pros

• Offered low minimum deposit (USD 60–100) and three investment plans—Starter, Premium, Gold ().

Cons

• No regulation or license from any financial authority; unauthorized to provide services in the UK per FCA notice ().
• Official website is offline; domain inaccessible ().
• Claims of UK registration could not be verified via Companies House ().
• Opaque trading conditions, lack of transparency on platform, spreads, leverage, or withdrawal terms ().
• Adhered to Saint Vincent and the Grenadines law in legal terms, which does not equate to regulatory oversight ().