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Home -
Broker -
Coinlocally -

Score

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

Coinlocally

Armenia | 1-2 years |
Suspicious Regulatory License | MT5 Full License | Regional Brokers | High potential risk

https://coinlocally.forex/en

Website
Open Account Time Machine

Rating Index

MT4/5 Identification

MT4/5

Full License

Coinlocally-Server

France
MT5
1

Influence

C

Influence index NO.1

Vietnam 2.88

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
Coinlocally-Server MT5
Server Location France

Influence

Influence

C

Influence index NO.1

Vietnam 2.88
Surpassed 18.00% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+374 10239997
support@coinlocally.forex
https://coinlocally.forex/en
Kanaker HES, Kanaker-Zeytun, Yerevan, Armenia

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-09-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic Information

Registered Region
Armenia
Operating Period
1-2 years
Company Name
Coinlocally LLC
Customer Service Email Address
support@coinlocally.forex
Contact Number
+37410239997
Company Website
https://coinlocally.forex/en
Account
Funding
Related Software
Biz Area
Website
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT5
0
MT4 Servers
1
MT5 Servers
195.50
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Perfect

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Website

coinlocally.com
104.26.8.4
coinlocally.forex
104.21.54.53

Company Summary

CoinlocallyReview Summary
Founded/
Registered Country/RegionArmenia
RegulationNo regulation
Market InstrumentsForex, crypto, metals, indices, energies, equities, ETFs
Demo Account✅
LeverageUp to 1:1000
SpreadFrom 0.0 pips
Trading PlatformWeb/MT5/Meta Mobile Trader
Min Deposit$50
Customer Support24/7 customer support
Live chat
Telegram, instagram, pinterest, X, medium
Tel: +374 10239997
Email: support@coinlocally.forex
Regional RestrictionsUSA clients are not allowed

Coinlocally Information

Coinlocally is an unregulated broker, offering trading on forex, crypto, metals, indices, energies, equities and ETFs with leverage up to 1:1000 and spread from 0.0 pips on the web-based trading platform, MT5 and Meta Mobile Trader. The minimum deposit requirement is $50.

Coinlocally Information

Pros and Cons

Pros Cons
Tight spreadsUnable to USA clients
With demo accountNo regulation
MT5 platform
Low minimum deposit requirement

Is Coinlocally Legit?

No. Coinlocally currently has no valid regulations. Please be aware of the risk!

Is Coinlocally Legit?

What Can I Trade on Coinlocally?

Coinlocally offers trading on forex, crypto, metals, indices, energies, equities and ETFs.

Tradable Instruments Supported
Forex✔
Crypto✔
Metals ✔
Indices ✔
Energies ✔
Equities ✔
ETFs✔
CFDs❌
Commodities❌
Bonds❌
Stocks❌
What Can I Trade on Coinlocally?

Account Type

Here are five account types Coinlocally offers:

Account TypeMin Deposit
Standard $50
VIP$1000
Crypto Pro$50
ProCent (temporarily unavailable)$1
ZCA (temporarily unavailable)$50
Demo ✅
Account Type
Account Type
Account Type

Leverage

Account TypeMin/Max Leverage
Standard 100/500
VIP25/100
Crypto Pro25/125
ProCent (temporarily unavailable)100/1000
ZCA (temporarily unavailable)100/1000
Leverage

Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Coinlocally Fees

Trading Fees

Account TypeCommission
Standard From 0.0028%
VIPFrom 0.0015%
Crypto ProFrom 0.045%
ProCent (temporarily unavailable)0.05%
ZCA (temporarily unavailable)0

Coinlocally Spreads

The spread is floating from 0 pips.

Swap Rates

Account TypeSwap
Standard Yes
VIPYes
Crypto ProYes
ProCent (temporarily unavailable)No
ZCA (temporarily unavailable)Yes

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Web ✔Desktop/
MT5✔Windows, web, mac, IOS, AndroidExperienced trader
Meta Mobile Trader✔Mobile/
MT4❌Desktop, mobile, online web traderBeginners
Trading Platform
Trading Platform
Trading Platform

Deposit and Withdrawal

The broker accepts payments via cryptocurrencies, Visa Card and Master Card. Deposit and withdrawal are zero.

Deposit and Withdrawal
Deposit and Withdrawal

Deposit & Withdrawal Options

Deposit Options Min. DepositFees Processing Time
Cryptocurrencies $1NoInstant
Visa Card$20NoInstant
Master Card$20NoInstant

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • MT5 Full License
  • Self-developed
  • Regional Brokers
  • High potential risk

Wiki Q&A

Davis Wu
Within 1 year

Is Coinlocally legit?

WikiFX Reply
While Coinlocally offers a variety of trading instruments like coinlocally exchange pairs, forex, and commodities, it is unregulated. This makes it hard for me to consider Coinlocally completely legit. Without regulation, there’s no guarantee that they adhere to industry standards or provide adequate protection for my funds. I’d be hesitant to trade large amounts here.
Broker Issues
Coinlocally
Regulation
07-29
United States
Bhavani Durga K
Within 1 year

What deposit methods does Coinlocally support?

WikiFX Reply
Coinlocally supports deposits via cryptocurrencies, Visa Card, and MasterCard, which is convenient for me. Personally, I appreciate the ability to use cryptocurrencies for faster deposits. For a more traditional approach, Visa and MasterCard are also available, making it easy to fund my account.
Broker Issues
Coinlocally
Withdrawal
Deposit
07-04
United States
Sergey5
Within 1 year

What is the minimum deposit for Coinlocally?

WikiFX Reply
The minimum deposit for Coinlocally is $50, which is very affordable, especially for those like me who are new to trading. It’s also worth noting that for some account types, like the VIP account, the deposit requirement is higher, at $1,000.
Broker Issues
Coinlocally
Deposit
Withdrawal
07-03
United States
zack18
Within 1 year

What leverage does Coinlocally offer?

WikiFX Reply
Coinlocally offers leverage up to 1:1000, which is very high. While this can increase my potential profits, I know that leverage also magnifies losses, so I would be cautious when using such high leverage, especially for coinlocally exchange markets, which can be volatile.
Broker Issues
Coinlocally
Leverage
Instruments
Platform
Account
06-26
United States
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