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Operating status: SCAM
Website: https://www.cofglobol.com

On 17 June 2024, the Financial Services Authority of Seychelles (FSA) issued a warning against COF (www.cofglobol.com), believing this company might be providing financial services or products without authorisation. You may visit : https://fsaseychelles.sc/media-corner/regulatory-updates/scam-alert-cof-globol-fraudulent-company-the-fraudulent-company-and-unauthorized-use-of-website-the-unlawful-websites.

COF claims to be a broker supervised by three major financial institutions: the Australian Securities and Investment Commission (ASIC), the New Zealand Financial Market Authority (FMA) and the Vanuatu Financial Services Commission (VFSC), also licensed by the Money Services Business (MSB) and the National Futures Association (NFA) in the US, offering wide range of financial services, including Forex, Commodities, Indices, Digital Currencies, Futures and more instruments in global markets.




But our search of the ASIC, FMA, VFSC, MSB and NFA yielded no results. Please note that the MSB in the US is only for currency exchange business and cannot provide foreign exchange margin business. It does not have authorization and regulatory authority for financial derivatives.






The Financial Services Authority of Seychelles (FSA) issued a warning against COF (www.cofglobol.com), believing this company might be providing financial services or products without authorisation.

The truth is that COF is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.
COF is a scam.
On July 25, 2024, the New Zealand Financial Markets Authority (FMA) issued a warning against COF, stating that this company is not registered or licensed to provide its services to New Zealand residents and suspecting it as a scam. You may visit: https://www.fma.govt.nz/library/warnings-and-alerts/cofglobol-com/.

BrokersView found that the domain "https://www.cofglobol.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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