CapitalXTrade and Coyken – Suspected scam, ASIC warning

We are aware of two investors have lost money after investing with CapitalXTrade. We understand that representatives of CapitalXTrade use aggressive sales techniques to convince people to invest. 

We have information that suggests a connection between CapitalXTrade and Coyken. The latter is the subject of a public warning issued by the Australian Securities and Investments Commission (ASIC),

See that warning here: Investor warning - Coyken (coyken.com)

We also have information that shows CapitalXTrade is part of the politician endorsement scams we have warned about,

Deepfake video scam warning: fake news stories, political endorsements

Both entities offer financial services to New Zealand residents but they are not registered to provide financial services in New Zealand, as required by the New Zealand financial markets legislation.

We recommend caution when dealing with CapitalXTrade and Coyken.

Entity name: CapitalXTrade

Websites:

• capitalxtrade.com
• coyken.com

Associated Person: Stephen Baker

Emails:

• [email protected];
• [email protected];
• [email protected];
• [email protected]; 
• [email protected];
• [email protected]

Telephone: +44 208 0890855