Real, first-hand only. Reviews are checked before they appear.
We'll email you a one-tap link to confirm. Your email is never published.
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 | 85 | 35% |
| Company age | 22 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 30 | 12% |
| Offshore registration | 80 | 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.
Across 3 recent Trustpilot reviews, 33% are 1–2 star. The single most common complaint is being unable to withdraw funds (3 reports) — the classic warning sign in forex.
0Based on its licenses and complaint records.
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.
CoinBits is a forex and CFD broker based in Saint Vincent and the Grenadines, with records dating to 2020-05-19. Critically, we could not verify any active forex-trading license for this broker.
FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.
Overview compiled by FXCanary from regulatory records and public data. full CoinBits review
The website is in English by default. Other languages are available with AI translation.
Select your country of residence to see which brokers operate where you are and get personalized safety info.