Review summary
LifecoinFEX LTD, also operating as LifeCoinFEX, is a broker registered in the United Kingdom and has been operational for an estimated 5-10 years. According to WikiFX data, the entity holds no valid authoritative forex trading licenses from major regulatory bodies such as the UK's FCA, placing it firmly in the unregulated category. This status means client funds are not protected under standard compensation schemes, and the firm operates without direct financial oversight. Public exposure on the platform highlights recurring issues regarding withdrawal difficulties and communication breakdowns. The broker offers tiered account types with notably high minimum deposit requirements, starting from €5,000 for a Silver account and escalating to €250,000 for VIP status, but does not publicly disclose specific leverage or spread details. It supports MetaTrader platforms, allows the use of Expert Advisors (EAs), and permits scalping and hedging strategies. Based on its overall profile, LifecoinFEX LTD presents a high-risk proposition for traders, primarily due to its complete lack of regulatory authorization and the operational concerns raised by users. 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: 2026-05-02)
Georgina
Spain
I started my investment with them and when I have managed to meet all the conditions I have tried to withdraw and they have disappeared, they have only replied to my mail, after a month, telling me that: The minimum amount of trading volume to be reached is 600 000, the account at the moment is at 433 245 with 144 transactions On average it takes about 2 months to reach the volume in standard setup with automated software, but if you think this is too long, we can increase the amount of transactions or increase the amount of transactions per day for the software which reduce the time but increase the pressure and risk on the account. The second option is to trade manually by yourself. Once the account is set up and reaches volume, the withdrawal window is between the 21st and 23rd of the month. All this is a lie because to this day I still can not withdraw a single € having doubled even more the initial investment. And having made many operations since I received the mail. Besides, they no longer call me and no one answers and the customer service phone number I get a voice mail in English and there is no way to contact them. They are scammers.
Exposure
eva06
Spain
They are scoundrels, they fool you with words and then when it is time to withdraw they disappear
Exposure
snaru
Spain
Mr. Armando Estrada as he calls himself, with great kindness and persuasion with his good words convinced me that everything was legal and that we would earn money in moderation because there were many pages that promised a lot of diners but they were scams, nothing could be further from the reality. After spending time with this individual, he does not answer the whatsapp or show signs of life, he has been called, he has been sent mail, he has been given to withdraw diners and there is no response.
Exposure
肖林
Peru
This company claims that I can operate in my language, but I only see English on their website... Also, they don't have any regulatory license, does that mean my money is at risk? I won't be doing business with them anyway...
Neutral
eva06
Spain
Hello, I have been scammed, I decided to open an account in LIFE COIN FEX and I made an investment on this page and the account has been increasing and I decided to ask for 3,000 euros. an email that I have to wait for the account to reach 100,000
Exposure