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 |
| 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: |  |
| MetaTrader 4: | |
| Other trading platforms: | MetaTrader 5, WebTrader |
| Social trading: |  |
Random reviews of competing CFD brokers: Investous, IUXMarket, ValuTrades and OMF.nz
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.
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.
| Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
|---|---|---|---|---|---|---|
 | | 100 USD | 1.0 pips Spread was taken 12.04.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 12.04.2024 at 11:12 from the web or trading platform of Etoro. |
 | | 0 | 0.9 pips Spread was taken 12.04.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 12.04.2024 at 11:12 from the web or trading platform of XTB. |
 | | 100 USD | 0.8 pips Spread was taken 12.04.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 12.04.2024 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.
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.
I endorse this brokerage due to its provision of ECN FX trading services and versatile leverage opportunities. I engage in trading with their utmost leverage option, set at 1:500. My entry points are strategically positioned, allowing me to minimize my stop-loss requirements through meticulous multi-timeframe analysis.
I suggest considering this brokerage if you possess a substantial risk tolerance and seek the advantages of a 1:500 leverage ratio.
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So, when I first hopped on board with this broker, the whole “not regulated” thing slipped my mind. It was only after cashing out five times that it hit me. Kinda freaky that they’re not regulated, I’ll admit. But you know what’s weird? If they were, I bet the higher leverage wouldn’t be as cool. Strange, huh?
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I’ve been trading with Coinexx for a few months now and overall, I find it to be a decent broker. They offer competitive spreads in the instruments I frequently trade. I have observed spreads around 0.18-0.20. One thing that I feel needs improvement is their manual withdrawal processing. Last time it took me up to 48 hours for crypto withdrawals. But other than that I’ve had a generally positive experience trading with them so far.
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On this platform, the US30 Index registers the highest spread at 4 pips, which is variable. Trading US30 with Coinexx appeals to me due to its lucrative nature, especially with the advantageous high leverage when the market aligns with my direction. Given the substantial margin involved in assets like US30, I prioritize using an ECN broker like Coinexx to ensure a secure and efficient trading experience.
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I’ve really been liking Coinexx for its nifty feature where I can easily add or ditch bonuses right from their portal.
Not everyone is big on trading bonuses, and what I find cool about Coinexx is that I have the freedom to toggle them on or off through my dashboard. Personally, I tend to opt out of the bonuses, and it’s a convenient perk to have that control at my fingertips.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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
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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.
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For me, this is a reliable broker.
Fast withdrawal processing, good Forex spreads. I recommend.
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Their competitive forex spreads, fast withdrawal processing time, and commitment to security have made them a reliable broker in my eyes.
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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.
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The execution speed on Coinex MT5 platforms is impressive. I’ve never had any lag or slippage, even during high volatility periods.
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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.
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As a professional trader, I value Coinexx’s deep liquidity pool and low spreads.
I recommend them based on these facts.
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