CoinSpeed

CoinSpeed is an online trading brand operating under the domain coinspeed.com. Very little verifiable information is publicly available about the company's background. The country of registration, year of founding, and corporate structure remain undisclosed. This lack of transparency is a significant red flag for potential investors.

CoinSpeed does not hold any known regulatory licences from any financial authority. Our records show no regulators on file. However, an investor protection alert was issued by the Quebec Autorité des marchés financiers (AMF) on July 3, 2026, and published through IOSCO. This alert warns the public about CoinSpeed, indicating that the regulator considers it to be operating outside of legal requirements and posing a risk to investors. The absence of regulation, combined with a regulatory warning, places CoinSpeed in a high-risk category.

Beyond the regulatory alert, there is almost no reliable public information about CoinSpeed's operations. The official website (coinspeed.com) does not provide details on account types, trading platforms, financial instruments, or funding methods. Attempts to verify the broker's claims through independent sources have been unsuccessful. The only other references found in web searches are unrelated or outdated, such as a 2014 forum post about a cryptocurrency mining project using a similar name, and a separate domain (coinspeed.club) which may be unaffiliated.

Given the lack of verifiable information and the regulatory warning, CoinSpeed appears to target unsuspecting investors, potentially in Canada and other jurisdictions. The broker likely seeks traders who are unaware of the risks associated with unregulated entities. However, without clear details on services or client segmentation, it is difficult to identify a specific target audience.

FXCanary has assigned CoinSpeed a Scam Risk Score of 55/100, reflecting an elevated risk. This score is based on the lack of regulation, the absence of corporate transparency, and the existence of an official investor alert. Traders are strongly advised to avoid engaging with this broker until a clear regulatory status and trustworthy track record can be established.