coinoverse

Coinoverse Trading Ltd is a financial service provider operating as a regional broker, established 2-5 years ago and registered in Saint Lucia. The entity operates without any valid, authoritative forex trading licenses from major financial jurisdictions, classifying it as an unregulated offshore entity. This status means it lacks the financial oversight, client fund protection schemes, and dispute resolution mechanisms typically enforced by established regulators like the FCA, ASIC, or CySEC. Its WikiFX score of 1.87 reflects significant concerns, primarily driven by a regulatory index of zero. The broker offers MetaTrader 5 and provides a range of account types with conditions that include a remarkably low minimum deposit of $0.01 and high maximum leverage up to 1:800, which are features often associated with higher-risk trading environments. Given the complete absence of regulatory supervision, engaging with this broker involves a substantially elevated level of risk for traders. 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: 2026-03-24)