Cointradefluxfx

WikiFX | 2024-10-15 17:44

Abstract：CointradefluxFX is an unregulated broker registered in the United States in 2022. It supports trading through MetaTrader 4 and their own proprietary platform. In addition, CointradefluxFX offers three types of accounts, each with varying minimum deposits and leverage up to 1:500.

Note: Cointradefluxfx's official website: https://cointradeflux.com is currently inaccessible normally.

CointradefluxfxReview Summary
Founded	2022
Registered Country/Region	United States
Regulation	Not regulated
Market Instruments	forex, commodities, indices, stocks and cryptocurrencies
Demo Account	❌
Leverage	Up to 1:500
Spread	From 1.5 pips
Trading Platform	Proprietary platform and MT4
Min Deposit	$250
Customer Support	live chat: 24/7
Customer Support	Physical Address: 2617 Court Ground Rd Washington, Georgia

CointradefluxFX is an unregulated broker registered in the United States in 2022. It supports trading through MetaTrader 4 and their own proprietary platform. In addition, CointradefluxFX offers three types of accounts, each with varying minimum deposits and leverage up to 1:500.

Pros and Cons

Pros	Cons
Multiple trading choices	No Legal regulation
Multiple account types	No demo accounts
MT4 support	Limited contact channels
	Lack of transparency
	Unavailable website

Is CointradefluxFX Legit?

The domain of CointradefluxFX was registered on February 22, 2022, updated on January 25, 2024, and will expire on February 22, 2025.

In addition, CointradefluxFX operates as an unregulated broker, which poses a high risk for you. Consequently, you are advised to avoid this broker.

What Can I Trade on CointradefluxFX?

CointradefluxFX offers five types of trading instruments, including forex, commodites, etc. and you can look for more details in the following table. However, since the website of CointradefluxFX is unavailable, specific information about each product remains unknown.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Stocks	✔
Mutual Fund	❌
Futures	❌

Account Type/Leverage/Spread

The account types offered by CointradefluxFX include Promo, Upgrade, and Diamond accounts. The maximum leverage is up to 1:500, which is relatively high in the industry. However, high leverage entails high risks, and since this broker lacks legal regulation, you are advised to avoid trading with this broker.

Account	Min Deposit	Max Leverage	Spread
Promo	$300	1:500	From 0.0 pips
Upgrade	$500		From 1.6 pips
Diamond	$50,000		From 0.0 pips

Trading Platform

Cointradefluxfx claims to offer MetaTrader 4, which includes advanced charting tools, technical indicators, and automated trading. In addition, the company also offers its own proprietary trading platform.

Trading Platform	Supported	Available Devices
MT4	✔	Computer and phone
MT5	❌	/
cTrade	❌	/
Proprietary platform	✔	Computer

Deposit and Withdrawal

Cointradefluxfx claims to accept payments using credit/debit cards, Bank Transfer, E-wallets, and Cryptocurrencies. However, since this broker is not subject to any legal regulation and its official website is inaccessible, you are advised not to trust any information they provide.