About Coin Matrix
Company Overview
Coin Matrix is a brokerage entity registered in the United Kingdom, incorporated on 25 October 2022. The company lists its registered address at The Johnson Building, 77 Hatton Garden, London, EC1N United Kingdom. Based on available records, Coin Matrix describes itself as offering access to over 35 digital assets and currency pairs, alongside services in IT solutions, real estate, and forex and stocks trading.
At the time of this review, the broker’s official website (coinmatrixfx.uk) is no longer operational, limiting publicly accessible information. The firm does not hold any known regulatory licences from the Financial Conduct Authority (FCA) or any other recognised financial regulator. This absence of oversight is a critical factor for traders to consider when evaluating the broker’s reliability.
Regulatory Status
Coin Matrix is not regulated by any financial authority. The company’s registration as a corporate entity in the UK does not confer regulatory authorisation to conduct investment or trading activities. The lack of a verified licence from a reputable regulator such as the FCA means that client funds are not covered by the Financial Services Compensation Scheme (FSCS) or any equivalent protection.
Traders should be aware that unregulated brokers pose elevated risks, including potential difficulties in dispute resolution and lack of segregated client accounts. The closure of the official website further raises concerns about the broker’s operational status and transparency.
Trading Instruments and Services
Based on its corporate description, Coin Matrix claims to provide trading in digital assets (cryptocurrencies) and forex currency pairs, as well as stocks and broader financial services. The exact number of instruments and the specific trading platforms offered are not verifiable due to the website’s inactivity.
Additionally, the company lists unrelated business activities such as IT solutions and real estate, suggesting a diversified but potentially unfocused business model. For traders, the range of financial instruments and trading conditions cannot be independently confirmed from public sources.
Target Audience
Coin Matrix appears to target both retail and institutional clients interested in multi-asset trading, including cryptocurrencies, forex, and equities. However, the broker’s unregulated status and lack of a functioning website make it unsuitable for most traders, particularly those requiring regulatory safeguards.
The broker’s registration in the UK might give an impression of credibility, but without FCA authorisation, it offers no standard investor protections. This broker is likely to appeal only to traders willing to accept high risks associated with unregulated entities.
Overview compiled by FXCanary from regulatory records and public data. full Coin Matrix review