coinlocally Review — Overview
coinlocally is a forex & CFD broker based in Australia, operating for 2-5 years. On Trust Broker Hub it holds a Trust Score of 3.9 out of 10, which we rate as Poor — above the industry average of 3.3/10. High-risk profile — proceed only with caution and small amounts.
We could not verify any regulatory licence for coinlocally. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.
coinlocally provides access to Forex, crypto, metals, indices. Published conditions include a minimum deposit of $50 and leverage up to 1:1000. No complaints are currently on record. Overall, coinlocally carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.
Trust score breakdown
How is this calculated?Trust Score history
coinlocally currently scores 3.9/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- No verified regulatory licence on record
- Always verify the licence directly before depositing
Regulation
No regulatory licence on record for coinlocally. Treat with caution and verify before depositing.
Trading conditions
| Instruments | Forex, crypto, metals, indices, energies, equities, ETFs |
| Minimum deposit | $50 |
| Maximum leverage | 1:1000 |
| Typical spread | From 0.0 pips |
| Platforms | Web, MT5, Meta Mobile Trader |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on coinlocally
High-risk profile
coinlocally does not hold a verified regulatory licence on record. It is based in Australia. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 3.9/10 — a high-risk profile.
- No complaints on record with us
- Supports Web & MT5 trading
- Accessible minimum deposit ($50)
- No verified regulatory licence on record — funds may lack protection
- Very high leverage available (1:1000) — amplifies risk
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
coinlocally — Questions & Answers
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