Brokers  /  BANQOIN

BANQOIN

High risk
Marshall Islands · 5-10 years · since 2019-05-29 · Infocom Media Ltd
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.58/10
Trustpilot/5
Forex Peace Army/5
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No sign that BANQOIN actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
54
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Marshall Islands (offshore, light oversight)
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameInfocom Media Ltd
Headquarters Marshall Islands
Founded2019-05-29
Years operating5-10 years
Employees0
Official websitebanqoin.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

BANQOIN is an unregistered broker based in the Marshall Islands with no regulatory oversight. The absence of any licences raises significant concerns about client protection and operational transparency. Traders should exercise extreme caution before engaging with this entity.

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Real user reviews

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About BANQOIN

About BANQOIN

BANQOIN is a company registered in the Marshall Islands, established on 29 May 2019, operating under the domain banqoin.com. Our review found no evidence of financial regulation from any recognised authority. This absence of oversight is a significant consideration for potential traders.

Regulatory Status

The broker currently holds no licences from major financial regulators such as the FCA, CySEC, or ASIC. According to our records, its regulatory status is listed as 'NONE'. This lack of supervision means clients have no access to compensation schemes or independent dispute resolution mechanisms.

Company Information

The company is domiciled in the Marshall Islands, a jurisdiction known for minimal regulatory requirements. The founding date of 2019 indicates over five years of operation, but without verifiable public information, the entity's history and background remain opaque. FXCanary advises caution when dealing with offshore entities lacking clear regulatory credentials.

Overview compiled by FXCanary from regulatory records and public data. full BANQOIN review