Beefy Coin Limited operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing. We’ve logged 4 complaint(s) from United States.

High risk

Scam Risk Scoremonitored · 2026-07-28

Lower riskHigher risk

4 user exposure/complaint reports filed
Withdrawal complaints in ~175% of recent reviews
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.

Factor	Score	Weight
Regulation & licensing	68	35%
Company age	45	15%
Clone / impersonation	0	12%
Withdrawal & exposure complaints	90	12%
Offshore registration	45	8%
Transparency (site/info/social)	53	10%

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 nameBeefy Coin Limited

Headquarters🇭🇰 Hong Kong

Founded2022-06-23

Years operating2-5 years

Employees0

Official website—

Trading conditions

Avg execution speed0 ms

Avg slippage0

Swap rating—

Trading cost rating—

Monitored traders0

Monitored orders0

Funding & instruments

Deposit methods—

Withdrawal methods—

Instruments—

Registered address

ROOM 8, 11/F, WANG FAI INDUSTRIAL BUILDING, 29 LUK HOP STREET, SAN PO KONG, KL HONG KONG

Regulation & licenses · 1

Regulator	License type	License No.	Region	Status
ASIC	Market Making (MM)	328794	Australia	—

Review analysis AI

Across 4 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (7 reports) — the classic warning sign in forex.

Period:

What users complain about

Where reviewers are from

United States4

Real user reviews

Where Beefy Coin Limited operates

Based on its licenses and complaint records.

🇦🇺 Australia Licensed

🇺🇸 United States 4 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About Beefy Coin Limited

Beefy Coin Limited is a forex and CFD broker based in Hong Kong, with records dating to 2022-06-23. It reports oversight from ASIC.

FXCanary’s verdict is “Elevated.” There are enough red flags that we’d urge caution before depositing.

Overview compiled by FXCanary from regulatory records and public data. full Beefy Coin Limited review