CoinEvo

CoinEvo is a forex and CFD broker operated by Liac Group LLC, a company incorporated in Saint Vincent and the Grenadines. The broker was founded in July 2022 and has since maintained a very low public profile.

The firm’s registered address is not publicly disclosed, and it appears to have no physical presence outside its offshore jurisdiction. With zero employees listed, the operation likely relies on outsourced services or virtual staffing.

CoinEvo does not hold any recognised financial regulatory licence. Saint Vincent and the Grenadines does not actively regulate retail forex brokers, and the local Financial Services Authority has confirmed it does not oversee the company’s activities.

This means clients have no access to investor compensation schemes, no mandatory capital protection, and no external oversight of the broker’s operations. Trading with an unregulated entity fundamentally removes every safety net a retail investor would otherwise expect.

The broker does not publicly disclose its account types, trading platforms, available instruments, or funding methods. The company’s website offers no breakdown of spreads, commissions, or leverage ratios, and there is no evidence of a live trading environment.

In the absence of transparent disclosures, prospective clients cannot evaluate costs, execution quality, or the scope of tradable assets. Such opacity is highly unusual for a legitimate brokerage and prevents any meaningful pre-trade due diligence.

At the time of writing, CoinEvo holds a Trustpilot rating of 2.8 out of 5 based on only four reviews. All available feedback is negative, with reviewers explicitly alleging that the broker is involved in a large-scale scam.

Reviewers cite a BBC World Service documentary titled “The Billion Dollar Scam” and warnings from German financial authorities. No independent industry body has accredited or endorsed the broker, and it has no presence on established trader forums.

Given the complete absence of regulatory protection, transparent trading terms, and positive client feedback, CoinEvo does not present a viable option for any category of trader.

The broker’s offshore setup and untested claims create an environment where even experienced speculators would face extreme counterparty risk. No retail investor should deposit funds with an entity that provides so little verifiable information.