Review – Are Negative Reviews Published Without a Reason? Review – Are Negative Reviews Published Without a Reason?

Coge company is registered in the UK with registration number 14045527. The brand belongs to COGE LTD, and the person declared as a director is Colin Geoghegan. Apparently, this person was also an employee of Beechwood Finances LTD, which is a poor clone firm of the FCA-regulated company Beechwood Financial Services LTD.

It is important to realize that there are two entities registered under a similar name, and both are dissolved. One in 2016 and the other one in 2018. But there are many more irregularities that you will see in this review.

Regulated by: No regulations
Is This Company Safe? No
Known Websites:
Have Warnings from: N/A
Registered in: UK
Operating since: 2022
Trading Platforms: N/A
Maximum Leverage: N/A
Minimum Deposit: $25
Deposit Bonus: Not available
Trading Assets: Crypto
Free Demo Account: No
How to  Withdraw from This Company? Since this looks like a standard Ponzi HYIP scheme, you shouldn’t hope much for a regular withdrawal. If any problem occurs, contact our chargeback specialists for advice and guidance.

Legal info: Is Legit or a Scam?

Any company offering any kind of investment services in the UK must be FCA-regulated. However, Coge LTD is not listed in the FCA register. Neither do they have any other top-tier licenses like ASIC, BaFin, or CFTC. Consequently, all their promises and services become highly suspicious.

Not to mention, the company doesn’t offer any kind of protection to traders. However, keep in mind that the aforementioned institutions offer a wide range of security features, such as:

  • Negative balance protection
  • Segregated bank accounts for deposits
  • Compensation schemes
  • Large account balance for liquidity

Who are clients?

As can be seen, the database reveals the company’s domain was registered in July 2022. However, the official registration in the UK has been filed in April 2022. Therefore, the company has only been in business for a year and a half.

Thus, as the UK company, it’s quite strange most of their victims come from:

  • Germany
  • Pakistan
  • Vietnam

If your country is not on the list, feel free to leave a comment below with your experience and residence country. Ultimately, our refund specialists can analyze your case and provide you with detailed guidance for money recovery.

Traders’ Reviews

If you don’t find enough reasons in this Coge review to avoid this firm, hold on. Non-surprisingly, Trustpilot’s comments won’t make the situation better. In fact, 3 out of 3 comments are reporting this company as a scam. Some of the main issues were misleading details about payouts and poor customer service.

All in all, nothing positive. Therefore, if you have some other clues or proofs, feel free to share them with us. Ultimately, our team can analyze it and provide you with detailed refund advice.

Leverage, Commissions, Spreads, Fees and Taxes

Important to realize is that this firm doesn’t reveal any conditions they are trading with. But with fixed returns they are promising, it’s logical traders don’t care. Another key thing here is that the broker is not revealing any T&Cs. Therefore, many of the fees could be unknown. Yet, there’s at least one known to new clients.

If you decide to close the account, you’ll get 15% less money due to the cancelation fee. After 7 days, this option is not available. Trading Features

All trading features with this company are completely fictive. They are offering fixed daily returns without any credibility. Overall, small percentages can make sense. However, you’ll never know if that’s someone else’s deposit or real profit. But when this company disappears, you will realize what the truth is.

Trading Platforms Available

As can be seen, the company is highly promoting AI trading bots. This helps them analyze the market in detail and make guaranteed returns. However, they don’t reveal any more details or insight into the tools they are using.

So, there’s no reason to trust it. Instead, check out what Tier 1 licensed firms offer, and you will see the difference. But don’t get tricked with trusted software. Sometimes, swindlers are using those as well. For more clarity about trading tools, check our FXFair review.

Available Trading Assets

Most investment firms like scam are offering crypto investments. Thus, without insight into the platform, we can only play guessing games. In any way, without adequate regulations, whatever the company tells you is questionable.

Account Types

All the investment plans with this firm include practically the same conditions. Plans last forever,, and clients can cancel them after 24 hours. If that request is filed in the first seven days, they are paying a 15% cancelation fee. But the difference comes with the initial deposit and daily returns. Therefore, you have:

  • Starter – $25 – $999.99
  • Premium – $1.000 – $4.999.99
  • VIP – $5.000  – $50.000

Mobile Trading App

Generally, many investment firms nowadays offer trusted mobile apps for accessing investment accounts. Thus, that’s not the case with company. Instead of reliable iOS and Android apps, you’ll have to use a browser. Which is not the most convenient option.

Demo Account

As mentioned, this scam company is hiding as many details as possible. Therefore, it’s understandable they are not offering a demo account. But that’s a huge disadvantage for beginners. Above all, that’s why we are always recommending Tier 1 licensed firms. Withdrawal

Since Terms and Conditions or any legal documents don’t exist, we couldn’t find any withdrawal policy. But once you see their payment options, you’ll see a trap. They only accept crypto payments and third-party e-payment options, such as Payeer and PerfectMoney. In any case, regular withdrawals are science fiction.

First of all, the company doesn’t reveal withdrawal processing time. Secondly, they don’t reveal withdrawal fees, so various excuses are expected. Anyway, don’t skip our FusionTrade review to see more withdrawal tricks.

Customer Support

The only way to contact this firm currently is by e-mail. In addition to that, there is a Telegram group. Thus, this application is known for end-to-end encryption. Consequently, there is no doubt this company is hiding its communication with customers.

Another key fact is they claim to provide 24/7 support. However, some traders reported issues with it and a lack of professionalism.

Key Information To Consider About

First and foremost, the company is not regulated. Especially not in the UK, where they claim to be. Therefore, anything they offer is highly suspicious. On top of all, they are offering fixed daily returns. But if you check their reviews, you will see traders never get those returns.

In any case, if you think this broker scammed you, let us know. After all, our team is there to review your case and build you a strategy to get your money back. Even crypto transfers are reachable now with CipherTrace software. Get in touch now and find out more!

FAQ Section

What is is a UK-based investment firm which operates without any regulations since 2022.

Is a Scam Investment Company?

Definitely. They are not licensed by any trusted authority and it’s a matter of time before regulators will expose their activities.

What Can I Do If I Was a Victim of an Online Investment Scam?

You can always apply for a refund. The key is knowing the steps. For a free first consultation, you can book an appointment with our refund specialists.


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