Score

1.96 /10
Danger

Koderan Forex

Belize

5-10 years

Regulated in Belize

Suspicious Regulatory License

MT4/5 full license

Chinese market only

New Zealand Financial Service Corporate Revoked

Suspicious Overrun

High potential risk

Influence

E

Better than 10% brokers
Open Account
Website

Score

License Index0.00

Business Index6.98

Risk Management Index0.00

Software Index7.02

Regulatory Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!

Influence

E

Better than 10% brokers
Website
Open Account

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open for free

Contact number

English

+00 644 830 3419

Broker Information

More

Company Name

Koderan Forex Inc

Company Abbreviation

Koderan Forex

Platform registered country and region

Belize

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 7
Previous Detection : 2022-10-04
  • It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 19 for this broker in the past 3 months, please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to withdraw

The principal of 10,000 US dollars cannot be withdrawn, so I almost jumped off the building

The principle was deceived and there is no response when I apply for withdrawal. The official webstie cannot be opened. I have no place to complain.

2022-05-18 21:00
Others

In Baotou, Inner Mongolia, a company that claims to be Koderan Forex recruits traders for forex speculation

In Baotou, there is a company called Viseno Technology Co., Ltd. which claims to be invested by Koderan Forex. Its China headquarters is in Beijing, and Baotou is a branch. They call people who are looking for a job on 58.com to recruit traders to trade forex. During one week of training, students are not allowed to communicate with each other. Except for classes, instructors called out each student to chat one-on-one. If a student is qualified, the company will pay half of the funds, and the individual will take out 40,000 yuan for forex transactions. If you make a profit, you give half of it to the company. If you lose money, the company says that they have a risk control department. When half of the deposit was lost, the company will withdraw their share. They promised that if I make a profit in the first month, they will return all my invested capital in the second month. The company will let you speculate in forex with a salary of 20,000 a month. I was fooled into training, but I did not invest after the training and resigned. I feel unreliable, do you think this is true?

2021-02-13 23:20
    20
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