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: | https://coinexx.com |
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: FXPremax, TIO Markets, Forex4Money and LeoPrime
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.
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 20.12.2024 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 20.12.2024 at 11:12 from the web or trading platform of Etoro. | ||
0 | 0.9 pips Spread was taken 20.12.2024 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 20.12.2024 at 11:12 from the web or trading platform of XTB. 74% of retail investor accounts lose money when trading CFDs with this provider | ||
100 USD | 0.8 pips Spread was taken 20.12.2024 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 20.12.2024 at 11:12 from the web or trading platform of Plus500. 80% of retail investor accounts lose money when trading CFDs with this provider |
* 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 51% 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.
The mt5 allows me to open multiple charts at a time. I also get to customize indicators to fit into my different trading strategies. The platform has a professional integration and it is easy to use. The brokerage services are also okay. Withdrawals are granted on the same day of request
0
There are professional technical tools that help my trades. The features include the one-click trading features, advanced analytical tools, many built-in indicators, custom indicators and many more. There are prompt news releases and analytics too. Combining all these features help me get the best from my trades
0
Opened account last month after seeing some positive reviews, happy that everything is smooth.
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There are always different promo and lmtd offers. In March i received tradeable and withdrawal able bonus for 2nd deposit
I have been able to make 5% profit monthly for up to like 4 months now. The profit usually varies month by month. Forex trading has been the most reliable source of passive income I have ever had. Coinexx platform is also reliable and it does not manipulate charts and prices. All these things add up to give me a worthwhile trading experience
0
The brokerage platform supports expert advisors and different types of trading strategies. It is also beginner and professionals friendly
0
First time experienced such low spreads with a low commission broker, orders are executed timely, would recommend for scalping.
0
Have been using them for over 2 years now, never had any complaints, cheers to the team!
0
My account was set up in no time and the support team was very prompt and helpful. Beginning with them has been great, hoping for same service in future as well.
0
Coinexx is my first trading broker ever, I started my forex and crypto trading career here. When I was still fresh, I did not even know how to trade on the platform. The customer support helped me to put many things in place by guiding me on what to do
0
GL mate
Found the execution speed good, and spreads are quite low at all times, a good one for scalping I would say.
0
The broker has a 0.0 pip spread and it is true because with just 10 pips I do not make less than $100 when I am using 1 standard lot. When I was trading with Tifia, my former broker, the broker was always charging different fees that I did not even understand and such costly charges usually end up giving me around $97 for 10 pips movement of 1 standard lot.
The leverage is also flexible. High enough for the high-risk traders and low enough for the traders who are conservative.
0
I was able to register within a few minutes and since the deposit was instant, I did not have issues with starting to trade immediately. I like the withdrawal speed too. It makes it easy for withdrawals to meet up with emergency needs. I get my money on the same day I make the request, usually within a few hours
0
Gold and btcusd are my favortite pairs to trade. Many people find it strange but I somehow understand how they work better than many other pairs. The broker gives constant news updates that I use in knowing what is hapening behind the show. I do not rely on third party sites for news
0
Customer support is there when it is needed actually, going all good with them.
0
My bitcoin and eth assets are with the broker. I also invest in forex for short term profit and I make withdrawal monthly when I make profit. The support replies well and are always ready to assist when I need them, I lke the services here
0
News trading is okay here because of the tight spreads. It also provides relevant news that support trades. Trading with a mix of fundamental and technical analysis in judging market sentiment is the real deal
0
The broker gives the opportunity to benefit from forex trading and cryptocurrency trading. The forex pairs are okay as I get to trade the major, minor and crosses. The cryptocurrencies are not much though the ones I like to trade are available.
0
The broker has forex and cryptocurrencies. I get to trade volatile markets in a safe environment. It has always granted my withdrawal without delay. This is my 4th month of trading almost every day and I do not have complaints trading here at all. I have also not had to do any KYC verification but only trading anonymously
0
Gaining from the rise and fall of prices is the reason I like trading CFDs, I am served properly here because of the services. Execution is usually fast and it also allows one click trading. I have tried a robot on the platform which worked properly until the robot got damaged. The broker provides VPS (which I subscribed to), that makes the robot execute trade faster and ensures 24 hours connectivity. I got to know that the VPS becomes free when I have a balance of up to $5000.
0
Support is active and working. They guided me through my account setup, making it easy. I subscribe to VPS to help the working of my robot. The VPS has been working fine, I check my trading results at the end of every day. I am also glad I got a working robot.
0
The platform offers a good switch from the web and mobile platform. The web platform has many technical indicators and tools. The available ones are more than that of mobile app but the mobile app works perfectly well for managing trades.
I stopped trading manually when I got so busy and I switched to using a robot to trade. I didn’t like my experience with the first robot but when I got another robot I concluded the first robot was faulty and it is not a problem with the broker.
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I went through the security of funds page to see how the broker prioritises clients money and I felt more confident by the information I saw. Cryptocurrencies are also made for withdrawal and deposit. The different instruments also help me to be flexible with my approach to the markets. I will write more about my experience with coinexx later
0
I like to trade forex, I am addicted to it. Coinexx has an offering of forex minor, major, crosses and exotic pairs and these turn me on when I see them. I am always eager to make fundamental and technical analyses. I have had long streaks or profits and losses at different times but so far I have been profitable. I like what I am doing
0
My brother and I used the demo account for a while before moving to the live account. The conditions seem okay for now. We have heard a lot of things about using the demo account but so far our experiences there have been different. I have concluded that it is either the reviews we have heard about demo accounts are not true or coinexx services are professional
0
Didn’t have to do any KYC verification with the broker. My first deposit was around $500 and I have been making steady profit.
Trading with coinexx has been a good experience.
The spreads provided are zero, usually 0.0 spreads, it makes day trading easier to carry out. I trade GBPUSD and use its correlated pairs EURUSD and GBPJPY as checks. I also trade AUDUSD especially after testing for its triangular correlation with gold.
I do day trading and swing trading and I am good at the two. I must confess that it is a result of hard work.
0
Coinexx has a live chat that replies promptly. There was a time when I asked them a lot of questions and thought they would stop replying me for asking too many questions, but those guys were patient with me and kept answering. I commend their patience.
The broker gives the opportunity to benefit from forex trading and cryptocurrency trading. The forex pairs are okay as I get to trade the major, minor and crosses. The cryptocurrencies are not much though the ones I like to trade are available.
Lastly it is worthy of note that the broker has both MT4 and MT5 platforms for one to choose his bias.
0
Well customised site with easy to use features and customizations. Not a fraud broker. Compared the charts with some other brokers I trust and found it consistent. Trading forex and cryptocurrency, though I am still learning and getting better with my trades. I have a mentor who takes me through trading courses and I also follow his trades. It was my mentor that advised me to start trading here and I am happy I took that decision.
0
I get some amounts from the trade commissions executed by the people I refer. I have referred a couple of people, some of them have given up on trading, some of them are still trading. I have referred some professional traders too. What I do is just to make sure they register with my referral link. I am conservative trader and I have also been consistent. I have made 22% profit this year so far. To some people it is small, to me, it is very okay. I intend to keep growing the account here for the next 10 years.
0
The broker offers some bonuses that are good in my view. I got a 150% bonus on my first deposit when I opened my account. I also get commission from all the trades made by people referred through my referral code. I like that withdrawal is also straightforward and my money has never been delayed unnecessarily
0
Quite good conditions for trading forex. For now I haven’t problems with withdrawals to my crypto wallet, recommended
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