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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

CoilSpace Trading

United States United States | 1-2 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://coilspacetrading.com/

Website

Rating Index

Contact

https://coilspacetrading.com/
211 N. Broadway Suite 2080 St. Louis, MO 63102, USA

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United States
Operating Period
1-2 years
Company Name
CoilSpace Trading ADVISORS
Customer Service Email Address
support@coilspacetrading.com
Company Address
211 N. Broadway Suite 2080 St. Louis, MO 63102, USA
Account
Website
Company Summary
Disclosure
Wiki Q&A
Comment

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Official Website

Website

  • coilspacetrading.com
    82.29.81.177
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Review summary

CoilSpace Trading ADVISORS is a financial services entity incorporated in the United States and has been operational for approximately one to two years. This broker operates without a valid license from a mainstream financial authority such as the National Futures Association (NFA) or the Commodity Futures Trading Commission (CFTC), placing it outside established regulatory frameworks. The WikiFX assessment indicates a very low overall score of 1.15 out of 10, with no discernible regulation, risk control, or license presence, while scoring slightly higher on software and business metrics. Account opening thresholds start from as low as 5,000 NGN, with higher-tier accounts requiring deposits of 100,000 NGN or 150,000 NGN, and common trading features like scalping and expert advisors are reportedly enabled. Investors must exercise significant caution when dealing with entities that lack authoritative regulatory oversight, as this severely limits standard investor protections. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-25)

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is it risky to trade with CoilSpace Trading?

Yes. The core WikiFX score for CoilSpace Trading is 1.15 out of 10, with regulatory, risk control, and license indices all registering at zero. The broker operates without verification from a mainstream financial regulator. Its stated business scope is also listed as suspicious. These factors collectively signal a very high-risk profile that warrants significant caution, as the standard investor protections provided by authorized regulators are absent.

Two days ago
United States

Is CoilSpace Trading regulated?

No. CoilSpace Trading ADVISORS is not regulated. It does not hold a license from any recognized supervisory authority, such as the National Futures Association (NFA) or the Commodity Futures Trading Commission (CFTC) in the United States where it is incorporated.

Two days ago
United States

Where is CoilSpace Trading registered?

According to WikiFX data, CoilSpace Trading ADVISORS is registered and incorporated in the United States.

Two days ago
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

Two days ago
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

Two days ago
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Two days ago
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

Two days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Two days ago
United States
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