coinfrex.com Reviews

is coinfrex.com a scam or legit?

The rating of this site is low. Caution needed.

What is your feeling about coinfrex.com?

Consumer Review of coinfrex.com

Our Intel Team recently came across a forex and commodities broker called Hot Forex (hotforex.com). Their website shows they have been running a series of trainings in the city of Port-Harcourt since July. This piqued our interest, so we decided to investigate further. The About page of their websites states “HotForex offers various accounts types, trading software, and tools to facilitate individuals and institutional customers to trade Forex and Derivatives online.” Apart from the trading software and tools, Hotforex also provides a PAMM Program where anyone can sign up either as a manager (in this instance you trade your funds and the funds of others who sign up under you) or an investor (in this instance you pick a manager to help you trade your funds). While going through their website we came across this notice on the footer: “HF Markets (SV) Ltd does not provide services to residents of the USA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, Vanuatu and EEA countries” The question is why are residents of these countries excluded? For a company that claims to be “the forex broker of choice for traders worldwide,” shouldn’t they be able to meet the regulatory requirements of the above-listed countries? If their service offerings cannot meet the regulatory stipulations of these countries then this is a red flag. Also on their footer, it states the various companies belonging to the Hotforex group as: Legal: HF

Read Review

coinfrex.com has a very low trust score. Why?

We scanned coinfrex.com for several indicators and we think the website may be a scam. Exercise extreme caution when using this website.

Scamadviser reviews each website automatically for 40 different elements like who owns the website, are the contact details hidden, where is the website hosted, what is the technology being used, and much, much more. Based on all the information gathered, we create a trust score.

coinfrex.com has a very low trust score according to our algorithm. However, computers may be wrong. The website has a strong indicator of being a scam but might be safe to use. We recommend you check the website using our check list or by contacting the company directly.

Positive highlights

DNSFilter considers this website safe

This website has been classified safe by Maltiverse

Negative highlights

The website's owner is hiding his identity on WHOIS using a paid service

This website does not have many visitors

We found several negative reviews about this site

This website has only been registered recently.

We found keywords related to possible scams

We could not find a valid SSL certificate while the site offers financial services

SHOW DETAILED ANALYSIS

Consumer reviews about coinfrex.com

Very negative reviews

Total reviews: 18 Average score: 1.8 stars Learn more
The total score is based on reviews found on the following sites
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I was defrauded of $25,000 by scammers who promised guaranteed investment profits. They blocked my withdrawal and demanded an investigation fee. Despite paying, they continued to demand more. I reported the incident to
I was swindled out of $30,000 by a group of fraudsters who convinced me to invest in their company with false promises of certain gains.I reported the incident to Fraudwatchgroups﹫ ℊmaℹ️l .¢OM who diligently recorded my case and probed the
Get help from a crypto scam retriever specialist just like i did back then when i was scammed due to lack of knowledge about crypto frauds ,but still was able to [removed by editor] scammed coins provided you possess evidence of the transaction and

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Complete Review coinfrex.com

Company Evaluation

The owner of the website is hiding his identity. Spammers use this information to promote services to website owners. Some website owners therefor chose to hide their contact details. However, it can also be misused by scammers. Our algorithm gives a high rating if the identity of the website owner is shown.

Webshop Evaluation

In our Analysis we always check the Tranco ranking. In this case it was low. A low Tranco ranking means that the website has relatively few visitors. For a new website this is logical. The same is true for a highly specialized website. However if the website claims to be a large corporate or popular site, than warning flags should be raised.

This domain name has only been registered recently. This means that the website is actually quite young and few if any consumers have had time to leave reviews or social media comments. It is therefore best to check this website thoroughly to make sure the website was not set-up by a scammer. Please check out our article "How to recognize a scam".

We have given coinfrex.com a slightly lower trust score because we found keywords that indicate the website suggests the website is still in creation or incomplete or that it includes language typically linked with fraudulent activity. Detecting such text on a website usually indicates that the site is in the development stages and is not yet suitable for use or may be associated with fraudulent activity. On the other hand, scammers frequently use templates and fail to remove these standard content. As a result, websites that include these common phrases receive lower marks in our evaluations. If you are considering doing business with this website, we recommend contacting them first via email or phone to see if they are in business. 

Technical Evaluation

Financial service providers are always attacked by hackers. It is extremely important that communication between your computer and the website of your bank or investment company is secure. coinfrex.com seems to offer financial services but we could not detect a valid SSL certificate. We think it is suspicious that a financial service provider does not have a valid SSL certificate and recommend you to double-check the website before taking any actions using our check list

Facts about coinfrex.com

Key facts
Alexa rank
6637987
Domain age
8 months from now
WHOIS data
hidden
Company data
Organisation
Anonymize LLC
Owner
Privacy Administrator
Address
30 N Gould St STE E 82801 Sheridan WY
Country
US
Phone
+1.7373015923
E-mail
coinfrex.com-qhtdz3s7fcc4@anonymize.com
Website data
Website
coinfrex.com
Title
Coinfrex.com - World Leader in Bitcoin Trading
Domain age
8 months from now
Website Speed
Very Fast
SSL certificate valid
invalid
WHOIS registration date
2024-02-10
WHOIS last update date
2024-08-31
WHOIS renew date
2026-02-10
Owner
Name
Privacy Administrator
Organisation
Anonymize LLC
Street
30 N Gould St STE E 82801 Sheridan WY
Country
US
Telephone
+1.7373015923
E-mail
coinfrex.com-qhtdz3s7fcc4@anonymize.com
Administrator
Name
Privacy Administrator
Organisation
Anonymize LLC
Street
30 N Gould St STE E 82801 Sheridan WY
Country
US
Telephone
+1.7373015923
E-mail
coinfrex.com-qhtdz3s7fcc4@anonymize.com
Technical Contact
Name
Privacy Administrator
Organisation
Anonymize LLC
Street
30 N Gould St STE E 82801 Sheridan WY
Country
US
Telephone
+1.7373015923
E-mail
coinfrex.com-qhtdz3s7fcc4@anonymize.com
Server
ISP
Confluence Networks Inc
Country
VG
Registrar
Name
Epik LLC
IANA ID
617
Register website
https://www.epik.com
E-mail
abuse@epik.com
Phone
+1.7373015923
Server name
IP
208.91.196.94

Request HTTP status
200

Target
dns1.malkm.com.
IP
208.91.196.94
Country
VG

Target
dns2.malkm.com.
IP
199.79.60.94
Country
VG

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About this report

The rating of coinfrex.com has been viewed 3127 times.
First analyzed: 2020-12-29 10:23:47. Last updated: 2024-11-07 16:05:00

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