TL;DR: the short answer
The FCA has warned that FOREX COIN INVESTMENT is not authorised and may be offering financial services in the UK without permission. Avoid dealing with it and check any firm on the FCA Register first.
Scambaba rates FOREX COIN INVESTMENT high risk with a risk score of 7.0/10, last verified 2026-10-24.
Key facts
| Risk score | 7.0 / 10 (High Risk) |
|---|---|
| Status | On FCA Warning List (unauthorised firm) |
| Category | Crypto / Forex Scam |
| Primary scam vector | Unauthorised firm offering crypto or forex services (FCA warning) |
| Reported domains |
|
| First listed | 2026-10-24 |
| Last verified | 2026-10-24 |
Red flags reported for FOREX COIN INVESTMENT
- Listed by the FCA as not authorised to offer financial services in the UK
- Unsolicited promotion, often via social media or online adverts
- Promises of high or guaranteed returns
- Pressure to deposit more money or pay fees to withdraw
- No entry on the FCA Financial Services Register
Detailed threat analysis
What the regulator says
The FCA's warning page, first published on 2024-10-25 and last updated on 2024-10-25, states that this firm is not authorised by the FCA and may be providing or promoting financial services or products in the UK without permission. The website listed on the warning is www.forexcoininvestment.live. The FCA says people who deal with an unauthorised firm have no access to the Financial Ombudsman Service and no Financial Services Compensation Scheme protection, so recovering money if things go wrong is unlikely. The FCA's page does not state how the firm operates or how much, if anything, people have lost.
How this type of scam usually works
Unauthorised investment, crypto and forex operations typically promote themselves online or on social media, show impressive early returns and encourage larger deposits. Withdrawals are then blocked, extra fees are demanded, or contact stops. This is a general description of the scam type and is not a finding about this specific firm.
How to check a firm yourself
Search for the firm on the FCA Firm Checker and the Financial Services Register, and check the FCA Warning List. If someone contacts you unexpectedly, hang up and call back using only the contact details from the official register entry. A firm absent from the Warning List may still be unauthorised, so an unlisted name is not a sign of safety. Be suspicious of guaranteed returns, urgency and requests to pay in cryptoassets or by bank transfer to personal accounts.
The FCA also notes that payments sent to a fraudster on or after 7 October 2024 may be covered by Payment Systems Regulator protections, so contact your bank promptly if you have paid.
What to do if you dealt with FOREX COIN INVESTMENT
- 01Stop all contact and do not send any further money or personal documents.
- 02Check the firm on the FCA Firm Checker and contact it only through the details listed there, never those given to you in an unexpected approach.
- 03If you have paid, contact your bank or card provider immediately and ask about recovering the payment.
- 04Report the firm to the FCA on 0800 111 6768 or via the FCA contact form, and report fraud to Action Fraud (0300 123 2040 in England, Wales and NI; Police Scotland on 101 in Scotland).
- 05Be wary of follow-up contacts offering to recover lost money for a fee, which are a common second scam.
Frequently asked questions
Is FOREX COIN INVESTMENT legit?
The FCA lists FOREX COIN INVESTMENT on its Warning List and states it is not authorised by the FCA. Dealing with it means no Financial Ombudsman Service or FSCS protection.
How do I report FOREX COIN INVESTMENT?
Call the FCA on 0800 111 6768 or use the FCA contact form. If you have lost money, also report it to Action Fraud (or Police Scotland on 101 if in Scotland) and contact your bank.
Sources
- FOREX COIN INVESTMENT, Financial Conduct Authority, 2024-10-25
This report reflects publicly available information and reported patterns as of 2026-10-24. It is an opinion, not a legal determination. Spot an error or represent this entity? See our editorial and corrections policy.