COF Global (cofglobal.com) has been flagged by ASIC (Australia) for "Unlicensed". Financial Services Authority of Seychelles warning https://fsaseychelles.sc/media-corner/regulatory-updates/scam-alert-cof-globol-fraudulent-company-the-fraudulent-company-and-unauthorized-use-of-website-the-unlawful-websites
Addresses: 1276 Govant Building Kumul Highway Port Vila Republic of Va... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.cofglobol.com.
Do not use COF Global (cofglobal.com) for anything serious. I used them since I opened my account last year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Demo account available|Reliable uptime|Intuitive for beginners|Clear documentation
Cons: Wish they had more educational resources
The spread at COF Global (cofglobal.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through a podcast recommendation and initially thought the platform was good - until I started trading seriously.
Pros: Market news feed|Helpful community forum|Real-time alerts|Fast deposits
Cons: No fractional shares|Limited demo account features
KYC with COF Global (cofglobal.com) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Wide product range|Educational resources|Clean UI
Cons: Slow to add new assets
The onboarding at COF Global (cofglobal.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Dedicated account manager|Customizable dashboard
Cons: Alert system is basic
I found COF Global (cofglobal.com) after my brother mentioned them and the initial impression was positive. But since I retired last year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Professional team|Detailed reporting
Cons: Mobile app could be improved|Research section could be deeper
I requested my data from COF Global (cofglobal.com) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Low minimum deposit|Dedicated account manager|Fast deposits
Cons: Slow to add new assets|Wish they had more educational resources
After using COF Global (cofglobal.com) for the past six months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Smooth onboarding|Two-factor authentication
Cons: Limited ETF selection|Onboarding videos are outdated
COF Global (cofglobal.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Good analytical tools|Competitive fees
Cons: Mobile app could be improved|No dark mode on mobile
COF Global (cofglobal.com) locked my account without warning and demanded documents I had already submitted. since the beginning of the year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Comprehensive tools|Full transparency|Professional team|Responsive team
Cons: None so far|Withdrawal takes 1-2 business days
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. COF Global (cofglobal.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Tax reports included|Comprehensive tools
Cons: Research section could be deeper