About Coral FX
Overview
Coral FX operates under the domain coralfxcenter.com and is registered in Hong Kong, with a registered address at Flat 1506,15/F,Lucky Center,No.165-171 Wan Chai Road,Wan Chai, HK. The entity was established on 19 February 2021, according to public records.
As a relatively new market participant, Coral FX has not obtained any known regulatory licences from major financial authorities. This absence of regulation is a significant factor for traders to consider, as it means the broker is not subject to the oversight and investor protection standards that regulated brokers must adhere to.
Regulation and Safety
Our records indicate that Coral FX has no regulatory licences on file from recognised authorities such as the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), or the Hong Kong Securities and Futures Commission (SFC). The SFC is the primary regulator for forex brokers in Hong Kong, but Coral FX does not appear on its register.
Operating without regulation exposes traders to heightened risks, including potential issues with fund segregation, dispute resolution, and business conduct. The FXCanary Scam Risk Score of 75 out of 100 classifies Coral FX as a severe risk, underscoring the importance of caution.
Products and Services
Specific information about Coral FX's trading products, platforms, and account types is not readily available from independent public sources. The broker's official website may detail offerings such as forex pairs, CFDs, commodities, or cryptocurrencies, but these claims cannot be independently verified due to the lack of accessible web search results.
Traders interested in Coral FX should exercise extreme diligence if they consider engaging with the firm, as the absence of transparent public information is a red flag.
Overview compiled by FXCanary from regulatory records and public data. full Coral FX review