Brokers  /  Coral FX

Coral FX

Severe riskForex / CFD broker
🇭🇰 Hong Kong · 5-10 years · since 2021-02-19 · Coral marketfx technology co., Ltd.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.53/10
Trustpilot/5
Forex Peace Army/5
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No sign that Coral FX actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • 3 user exposure/complaint reports filed
  • Withdrawal complaints in ~100% 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.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints5412%
Offshore registration458%
Transparency (site/info/social)7810%

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 nameCoral marketfx technology co., Ltd.
Headquarters🇭🇰 Hong Kong
Founded2021-02-19
Years operating5-10 years
Employees0
Official websitecoralfxcenter.com
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
Flat 1506,15/F,Lucky Center,No.165-171 Wan Chai Road,Wan Chai,HK

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Coral FX is an unregulated Hong Kong-based forex broker with a severe risk rating. The lack of regulatory oversight and limited publicly available information make it a highly speculative choice for traders. Caution is strongly advised.

Best for
  • Experienced traders willing to accept very high risk
Not for
  • Risk-averse traders
  • Traders seeking regulated brokers
  • Beginners
Period:
What users complain about
Where reviewers are from
Hong Kong2
Philippines1

Real user reviews

Where Coral FX operates

Based on its licenses and complaint records.

🇭🇰 Hong Kong 2 complaints
🇵🇭 Philippines 1 complaint

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 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