Coinexx review

Information source:
The source of this information is the website and the broker's trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

In this review we compared Coinexx with competition based on ⏩ fees, spreads, offer of trading assets and experience of traders.


Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Basic information from Coinexx review

About the broker

Web:coinexx.com
Readers' rating33 Votes
92
License:
Supported languages:English
Year of foundation:2017
Headquarters:Caravelle House, Manglier Street, Victoria, Mahé, Seychelles
Methods of contacting customer support:E-mail, phone, online chat
Contact:support@coinexx.com,
Deposit methods:Bitcoin, Bitcoin Cash, Dash, Ether/Ethereum, Litecoin, Other Crypto Currencies
Withdrawal methods:Bitcoin, Bitcoin Cash, Dash, Ether/Ethereum, Litecoin, Other Crypto Currencies

About trading with Coinexx

Minimum deposit:5 USD
Min. trade:0.01
Maximum leverage:

The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.

For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions.

1:500
Spreads:Variable
Underlying assets:
Might be a CFD.
Forex (60), cryptocurrencies (5)
Base currencies: USD, BTC, ETH
Mobile app: Yes
MetaTrader 4:Yes
Other trading platforms:MetaTrader 5, WebTrader
Social trading:No

Random reviews of competing CFD brokers: Investous, IUXMarket, ValuTrades and OMF.nz

Leave A Review
Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
99
Spread and fees
95
Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
98
Customer support speed, availability, availability in the language you speak
97
Based on 77
97
Average rating from reader reviews

Frequently Asked Questions

🧐 Is Coinexx a scam?

We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if Coinexx is a scam or not.

🆓 How to open a free demo account?

Opening a demo account with Coinexx is very simple, just register on their website.

📱 Does Coinexx offer the best mobile app for trading?

Coinexx offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.

We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the Coinexx mobile app.

⚖️ Would you recommend me Coinexx?

Coinexx is one of tens (possibly hundreds) of brokers operating in the European Union, Australia, New Zealand, Great Britain and United States of America, and that's why it makes no sense to choose Coinexx as a broker where you trade before you compare it with competitors.

Is this an ad?

We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.

BrokerEnglishMin. depositSpread EUR/USD*PlatformsLicense
Readers' rating748 Votes
83
100 USD 1.0 pips
Spread was taken 23.02.2024 at 11:12 from the web or trading platform of Etoro.
In-house built platform FCAASICCySecetoro.comreview  EUR/USD*: 1.0 pips
Spread was taken 23.02.2024 at 11:12 from the web or trading platform of Etoro.
76% of retail investor accounts lose money when trading CFDs with this provider
Readers' rating768 Votes
86
0 0.9 pips
Spread was taken 23.02.2024 at 11:12 from the web or trading platform of XTB.
In-house built platformFCA CySecxtb.comreview EUR/USD*: 0.9 pips
Spread was taken 23.02.2024 at 11:12 from the web or trading platform of XTB.
Readers' rating475 Votes
79
100 USD 0.8 pips
Spread was taken 23.02.2024 at 11:12 from the web or trading platform of Plus500.
In-house built CFD platformFCAASICCySecplus500.comreview EUR/USD*: 0.8 pips
Spread was taken 23.02.2024 at 11:12 from the web or trading platform of Plus500.

* The spread is variable for most brokers and changes depending on market volatility.


Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 76% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.

Selecting an unsuitable broker can put even a great trader at a loss.

That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.

If you have any experience with Coinexx, please share it in the comments to help others to choose the suitable broker.

Coinexx review & user ratings

Forum, opinions and user reviews

  1. Marc says:
    95
    Undivided Client Attention

    I believe Coinexx is a decent broker, though not the best due to their lack of regulation, which leaves some room for uncertainty. However, what stands out for me is their excellent communication and trading conditions. They manage to provide individualized attention to every client, which is something I value. I’d choose this over a regulated broker that fails to respond promptly or effectively.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    90
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    90
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  2. Mohammed says:
    97.5
    Recommended

    I typically start with the minimum deposit and rigorously test brokers for slippage and execution issues. Coinexx, especially when examining spreads on BTCUSD, passed all the tests with flying colors. Truly recommended.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    95
    Customer support speed, availability, availability in the language you speak
    95
    0
    0
  3. Andrej says:
    96.3
    Broker I chose.

    Coinexx stands out as my top pick for maintaining anonymity in trading. Their stringent anonymity protocols make account opening easy, requiring no identity verification. I started live trading fast, utilizing BTC for deposits and withdrawals to ensure a discreet and paperless process.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    90
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    95
    0
    0
  4. Juri says:
    96.3
    Fast withdrawal of funds

    Despite some minor flaws, Coinexx is a good and reliable broker. Their ECN trading conditions are impressive, and the quick withdrawal process via crypto adds to the overall appeal, making it my preferred choice.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    90
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    95
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  5. helge philipp says:
    97.8
    Reliable broker

    I came across Coinexx through a friend, and I’m glad I gave them a shot. As a Forex broker, they’ve proven to be reliable with minimal slippage, swift order execution, and same-day processing for crypto withdrawals. A good choice for day trading.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    91
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  6. Clement Turcotte says:
    100
    Coinexx - good trading conditions.

    Accounts can blow up quickly with Coinexx if you over risk, but not mine . Their margin call and stop out levels at 70% and 50% are reasonable. The trading conditions are excellent with no requotes and fair margin requirements. End of story.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  7. Daniel says:
    95
    My trading experience

    My live trading experience with them revealed occasional slippage and concerns about price manipulation on their platform, albeit not too frequent. What’s disheartening is that their platform is seemingly easy to replicate, leading to many bogus brokers posing as Coinexx.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    90
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    90
    0
    0
  8. Dierk Merkel says:
    99
    I like the broker

    Coinexx has been a dependable option for my trading needs, Since I moved here I have saved alot on trading commission. I have no complaints.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    96
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  9. giannikuhn says:
    100
    Recommend

    I can’t think of a single hiccup since I began my trading journey with them. Depositing and withdrawing funds is a breeze, without any unnecessary complications. There’s been absolutely no drama in my experience. Even the absence of MT4, which was the only drawback, has been addressed with its recent launch. Recommend.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  10. Frank says:
    99.3
    Fast withdrawals, good support service.

    The account opening process was incredebly smooth and swift, setting a new standard for simplicity. The trading conditions are undeniably favorable, with minimal spreads, competitive commissions, and impeccable execution.

    As someone who frequently engages in withdrawals, I can attest that they consistently process them in a timely manner.

    Last but certainly not least, I’m thoroughly chuffed with their support team’s responsiveness and their knack for providing swift resolutions

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    97
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  11. Bryce says:
    95.8
    Fast withdrawal and hassle-free

    I must mention the seamless deposit and withdrawal process offered by Coinexx. Deposits are quick and hassle-free, while withdrawals are processed efficiently. I have never faced any delays or complications when it comes to managing my funds, which further contributes to the overall positive trading experience.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    90
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    93
    0
    0
  12. Blaise Frami says:
    100
    I recommend this broker.

    For me, this is a reliable broker.
    Fast withdrawal processing, good Forex spreads. I recommend.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  13. Jarret says:
    99.3
    For me, this is a reliable broker.

    Their competitive forex spreads, fast withdrawal processing time, and commitment to security have made them a reliable broker in my eyes.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    99
    Customer support speed, availability, availability in the language you speak
    98
    0
    0
  14. Ibrahim says:
    96.5
    Reliable broker

    I was pleasantly surprised by how seriously this broker takes their clients’ privacy. Throughout the entire process, I felt like my personal information was in good hands my KYC document were only requested after I had a couple of thousands in my account. Which is totally understandable.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    93
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    93
    0
    0
  15. Gottfried says:
    98.3
    MT5 platform

    The execution speed on Coinex MT5 platforms is impressive. I’ve never had any lag or slippage, even during high volatility periods.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    99
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    99
    Customer support speed, availability, availability in the language you speak
    95
    0
    0
  16. Blaise says:
    100
    Spreads

    One of the things that impressed me about Coinexx is the awesome spreads they offer. The connectivity has always been stable, and their client support is knowledgeable and helpful. Opening an account was quick and easy – even faster than signing up for an email. Depositing funds was also quick, taking only 5 to 7 minutes for the funds to hit my trading account when I made my first deposit.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    100
    0
    0
  17. Jurgen says:
    99
    Good platform

    As a professional trader, I value Coinexx’s deep liquidity pool and low spreads.

    I recommend them based on these facts.

    Breakdown
    Leave A Review

    Reliability and reputation are deposits and withdrawals without a problem, does the broker scam people?
    100
    Spread and fees
    100
    Trading platform, offer of trading assets speed, reliability, functions and user-friendly environment
    100
    Customer support speed, availability, availability in the language you speak
    96
    0
    0

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