Web Colexchange Reviews 

2
TrustScore 3 out of 5

2.9

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2.9

Average

TrustScore 3 out of 5

2 reviews

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2.9

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Rated 1 out of 5 stars

I was also scammed by ForNext in…

I was also scammed by ForNext in combination with COL Exchange. It was set up in a very sophisticated way. I had access to increasing lines of credit for purchasing IEOs. When trying to withdraw funds, the entire credit first had to be repaid. The deception and lack of clarity on the website do not mention a prepayment, which is essentially what it turned out to be.

Moreover, I never requested an increase in credit, and such an increase was supposed to involve a screening process, which never took place. When you hear it explained like this, it may sound obvious, but once again, this was very cleverly and elaborately set up, including WhatsApp groups.

I accepted my loss of over €4,000, but I believe there are others who have been scammed for much larger amounts. I have reported everything to several authorities, such as the SEC and the FBI. I believe they are no longer active, as I can no longer post any responses with COL’s customer service.

November 1, 2025
Unprompted review
Rated 1 out of 5 stars

SCAM ALERT

SCAM ALERT. AVOID THIS NON REGULATED SCAM EXCHANGE. YOU WILL NOT BE ABLE TO WITHDRAW YOUR FUNDS AND DON'T EVER TRY TO PAY FOR WHITELISTS. FORNEXT +COL EXCHANGE ARE THE SAME SCAM. REPORT THEM TO THE POLICE AND WHATSAPP SO THEY DON'T SCAM MORE PEOPLE

November 6, 2025
Unprompted review

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