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Popularity popular broker
Leverage 1:500
Minimum Deposit $100
Regulation Not Available
Payment Methods Cryptocurrencies, Bank Wire, Credit/Debit Cards
Trading Assets Forex, Commodities, Indices, Cryptocurrencies
Spreads Very low
Average cost: EUR/USD 0.2 pips
Demo Account
Islamic Account
Copy Trading
Scalping Yes
EA/Robots Available
Negative Balance Protection No
Deposit Fee
Withdrawal Fee
Inactivity Fee No
Year Established 2018
Address First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines
Contact Information Email: [email protected], Phone: Not Available, Live Chat: Available 24/7
Mobile Trading APP Not Available
Rating ★★★★☆ [4.5]

Pros and Cons

  • Very low spreads on major pairs
  • Supports cryptocurrency deposits and withdrawals
  • Offers both MAM and PAMM accounts
  • No deposit or withdrawal fees
  • Comprehensive support for EA and scalping
  • Lack of regulatory oversight
  • No mobile trading app available
  • Negative balance protection not provided
  • Limited educational resources for beginners
  • Islamic account option is not available


In the digital era, where the number of online brokers is constantly increasing, Coinexx stands out as a distinctive option for traders and investors looking for a reliable and efficient platform to trade a wide range of assets.

This review aims to provide an in-depth analysis, covering its services, features, and what makes it a preferred choice for many in the trading community.

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Coinexx is an online forex and cryptocurrency broker that provides access to a broad spectrum of trading instruments, including forex pairs, commodities, indices, and cryptocurrencies.

Established with a focus on technological innovation and customer service, it seeks to offer a seamless trading experience to its clients across the globe.

Key Features:

  • Wide Range of Trading Instruments: Coinexx clients have access to trade on various markets, including Forex, commodities, indices, and cryptocurrencies.
  • Advanced Trading Platforms: The broker provides the renowned MetaTrader 4 platform, known for its robustness and comprehensive analytical tools.
  • Competitive Spreads and Leverage: This exchange offers some of the industry’s most competitive spreads and leverage up to 1:500, making it an attractive option for traders of all levels.
  • No Deposit or Withdrawal Fees: A significant advantage of trading with this platform is the absence of deposit and withdrawal fees, allowing traders to manage their funds efficiently.
  • Cryptocurrency Deposits: In line with modern financial trends, it accepts deposits in various cryptocurrencies, providing flexibility and anonymity in funding trading accounts.

Trading Platforms and Tools

MetaTrader 4

MetaTrader 4 (MT4) remains the primary trading platform offered, revered for its user-friendly interface, advanced charting tools, and automated trading capabilities through Expert Advisors (EA).

MT4’s robustness and reliability make it a staple choice for traders worldwide.

Features of MT4:

  • Customizable Charts: Traders can personalize their charts with different styles and time frames to suit their trading strategies.
  • Automated Trading: MT4 supports the use of EA, allowing traders to automate their trading based on predefined criteria.
  • Indicators and Analysis Tools: The platform comes equipped with a vast array of technical indicators and analytical tools necessary for in-depth market analysis.


For those who prefer not to download software, Coinexx also offers a WebTrader option.

This web-based platform allows traders to access their accounts and trade directly from their browsers, ensuring flexibility and accessibility across different devices.

Account Types

Coinexx offers a straightforward account structure, catering to both novice and experienced traders.

The main features include a low minimum deposit requirement, high leverage options, and access to all trading instruments.

The broker emphasizes simplicity and efficiency, enabling traders to start trading with minimal hurdles.

Account Features:

  • Minimum Deposit: The low minimum deposit makes it easy for beginners to start trading.
  • Leverage: High leverage up to 1:500 is available, offering traders the potential for significant profits (while also increasing risk).
  • Trading Instruments: Access to a wide range of markets, including Forex, commodities, indices, and cryptocurrencies.
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Trading Conditions

Spreads and Commissions

Coinexx is known for its very competitive spreads, starting from 0.0 pips on major currency pairs.

The broker operates on an ECN model, ensuring tight spreads and fast execution speeds.

While it offers low spreads, it’s essential to understand the trading conditions and potential commissions on certain instruments or account types.


The leverage can go up to 1:500, which is considerably high compared to many competitors.

High leverage allows traders to open larger positions with a smaller amount of capital.

However, it’s crucial for traders to exercise caution, as higher leverage also increases the risk of significant losses.

Payment Methods

Coinexx accepts a wide array of more than 17 payment methods, with a focus on cryptocurrencies.

This approach ensures fast and secure transactions and provides an additional layer of privacy for its clients.

Traditional payment methods like bank wire transfers and credit/debit cards are also available, catering to a broader audience.

Customer Support

The company prides itself on offering exceptional customer support.

Traders can reach out to the support team via email, live chat, or phone.

The broker’s commitment to providing timely and helpful assistance is evident in its responsive support team, which is available 24/7 to address any queries or concerns.

Customer Support Features:

  • 24/7 Availability: The support team is accessible around the clock, ensuring that traders can get assistance whenever needed.
  • Multiple Contact Methods: Traders can contact support through email, live chat, or phone, depending on their preference.
  • Knowledgeable Staff: The support team is well-informed and capable of assisting with a wide range of issues, from account setup to complex trading inquiries.

Security Measures and Regulatory Oversight

In today’s trading environment, the security of funds and regulatory compliance are paramount concerns for traders.

Coinexx understands these concerns and has implemented several measures to ensure a secure trading experience.

Security Features:

  • Segregation of Funds: Coinexx keeps clients’ funds in segregated accounts, ensuring that traders’ money is not used for any other purpose.
  • Advanced Encryption: The broker uses advanced SSL (Secure Socket Layer) encryption to protect data transmission, securing clients’ personal and financial information.
  • Two-Factor Authentication (2FA): For additional account security, it supports two-factor authentication, adding an extra layer of protection against unauthorized access.

Regulatory Oversight:

It’s important to note that Coinexx operates without formal regulation by any major financial authority.

While this may raise concerns for some potential clients, the broker compensates for this with transparent business practices and robust security measures.

Traders should weigh the benefits of their offerings against the lack of regulatory oversight when making their decision.

Educational Resources and Market Analysis

Coinexx provides a range of educational materials and market analysis tools designed to enhance the trading knowledge of both novice and experienced traders.

Educational Offerings:

  • Webinars and Seminars: Coinexx periodically hosts webinars and seminars covering various trading topics, from fundamental analysis to advanced trading strategies.
  • Trading Guides and Articles: The broker’s website features a collection of guides and articles that serve as a valuable resource for learning about the forex market, trading techniques, and risk management.

Market Analysis Tools:

  • Economic Calendar: Traders can stay ahead of market-moving events with their comprehensive economic calendar.
  • Market News and Analysis: Coinexx provides timely market news and analysis, helping traders make informed decisions based on the latest market trends and developments.

Deposit and Withdrawal Process

Coinexx aims to streamline the deposit and withdrawal process, offering various payment methods and ensuring transactions are processed efficiently.

Deposit Methods:

  • Cryptocurrencies: Coinexx specializes in cryptocurrency deposits, offering a secure and anonymous way to fund trading accounts.
  • Traditional Payment Methods: For those preferring conventional methods, it also accepts bank wire transfers and credit/debit card payments.

Withdrawal Process:

  • Fast and Efficient: Coinexx processes withdrawals promptly, ensuring traders can access their funds without unnecessary delays.
  • No Withdrawal Fees: The broker does not charge any fees for withdrawals, although traders should be aware of any potential transaction fees from their payment provider or bank.

Who Should Consider Trading with Coinexx?

  • Cryptocurrency Enthusiasts: Traders who prefer using cryptocurrencies for deposits and withdrawals will find their offerings particularly appealing.
  • Active and Experienced Traders: The low spreads, high leverage, and support for automated trading make this exchange a suitable choice for active and experienced traders.
  • Traders Seeking Diverse Trading Instruments: With access to forex, commodities, indices, and cryptocurrencies, Coinexx is an excellent platform for traders looking to diversify their portfolios.


Coinexx presents a compelling option for traders looking for a versatile and efficient online broker.

The combination of competitive spreads, a wide range of trading instruments, and robust trading platforms cater to the needs of diverse trading strategies and preferences.

While the lack of regulatory oversight might be a concern for some, its commitment to security and transparent practices helps mitigate potential risks.

It offers a balanced mix of features, security, and trading options that can meet the needs of a wide range of traders.

As with any trading decision, it’s essential to conduct thorough research and consider all factors before choosing a broker that aligns with your trading goals and preferences.

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User Reviews

“I’ve been trading with Coinexx for over a year now, and I must say, their low spreads and zero withdrawal fees are what keep me around. The platform is highly reliable, and I’ve executed many trades with precision thanks to their stable servers. However, the absence of a mobile app does limit my trading on the go. Despite this, their customer service is top-notch, always available to assist with any queries.”
Michael Thompson
“As a newcomer to Forex trading, I found their platform easy to navigate. What I appreciate the most is the transparency in pricing and the fact that there are no hidden fees. The lack of educational resources was a bit of a challenge, but their customer support compensated for it, guiding me through my initial trades. Highly recommend for anyone looking for a straightforward trading experience.”
Samantha Brooks
“The speed of transactions with Coinexx is phenomenal. Cryptocurrency deposits and withdrawals are a breeze, making it ideal for traders like me who prefer crypto. The only downside is their lack of a dedicated mobile app, which I hope they’ll consider in the future. Overall, a solid choice for traders who value efficiency and low costs.”
Derek S.
“Coinexx has been my go-to broker for scalping because of their extremely low spreads and support for EAs. The platform’s performance is consistent, and I haven’t encountered slippage that affected my trades significantly. Although they could improve by offering negative balance protection, their pros far outweigh the cons in my book.”
Linda Nguyen
“What attracted me to Coinexx was the combination of no deposit fees, low spreads, and the PAMM accounts feature. It’s been a smooth journey with them, and I’ve managed to see consistent growth in my investments. The absence of regulatory oversight is a concern, but so far, my experience has been positive and profitable.”
Aaron Wallace

Frequently Asked Questions (FAQ)

What types of accounts does Coinexx offer?

It offers various account types including Standard, ECN, and Demo accounts, catering to the needs of different traders. They also provide specialized accounts like MAM and PAMM for money managers.

Is it regulated?

No, Coinexx does not currently hold a regulatory license. Traders should consider this factor when choosing to trade.

Can I trade cryptocurrencies?

Yes, Coinexx offers a range of cryptocurrencies for trading, alongside traditional assets like Forex, commodities, and indices.

What platforms are available for trading?

The broker provides support for the popular MetaTrader 4 platform, catering to the needs of modern traders.

How do I deposit funds into my account?

Deposits can be made via cryptocurrencies, bank wire, and credit/debit cards, offering flexibility for traders.

Does Coinexx charge withdrawal fees?

No, it does not charge any withdrawal fees, allowing traders to access their funds without extra charges.

Is there a demo account available?

Yes, Coinexx offers a demo account for traders to practice their strategies without risking real money.


      Our experts

      This article has been written, edited and reviewed by the following members of our team:


      Feng Zhou

      Feng Zhou, a seasoned author and financial expert, boasts a diverse portfolio of articles recognized by prestigious publications such as Bloomberg, Global Asia, and BizLeaders. Graduating from the University of Hong Kong marked the inception of Mr. Zhou's journey into the financial sector. Initially delving into financial statement audits for both publicly traded and privately held clients, he honed his skills before furthering his education at Hong Kong Polytechnic University. During his tenure, Feng Zhou contributed significantly to the valuation of privately held businesses, engaged in forensic accounting, and provided litigation-related services. His professional trajectory also includes valuable experience at Nezu Asia Capital Management, a prominent hedge fund giant. Demonstrating entrepreneurial spirit, Feng Zhou founded a financial asset management company and frequently shares his expertise as a guest lecturer at various Chinese MBA programs. His prolific writing extends beyond traditional platforms, with articles featured in a range of industry events and publications, including FoxTrade, The MoneyShow, London Summit, and iFX EXPO. With a keen eye for market trends and a wealth of experience, Feng Zhou continues to be a prominent voice in the financial landscape.


      Sandro Pontedra

      Sandro Pontedra is the mastermind behind the insightful financial analysis and educational content that FoxTrade readers have come to rely on. With a rich academic background from Università di Bologna and the University of Milan, Sandro has built a career that spans across private wealth management and financial analysis, culminating in his role as Chief Accounting Officer for a prominent firm. An avid trader with over a decade of experience in the markets, Sandro combines his hands-on trading knowledge with a keen analytical mind, offering FoxTrade readers a unique blend of practical advice and in-depth market insights. His work, recognized by major financial publications, reflects his passion for finance and commitment to demystifying complex financial concepts. Sandro is dedicated to empowering readers with the knowledge and tools needed to navigate the financial markets confidently. Whether you're a seasoned investor or new to trading, his articles provide valuable insights into investment strategies, market analysis, and the future of finance and technology.


      Stephane Dubois

      Stephane Dubois stands at the forefront of financial analysis and industry expertise, driving innovation and insight across global markets. With a diverse academic background in International Relations and World Economy, coupled with practical experience spanning government projects and private sector endeavors across five continents, Stephane brings a wealth of knowledge and perspective to his role. As a senior editor at FoxTrade, Stephane oversees the publication of insightful content, ensuring that readers receive accurate and timely analysis to navigate the complexities of the financial world. His leadership and editorial guidance have been instrumental in shaping the platform into a trusted source of information for investors and traders alike. Beyond his editorial responsibilities, Stephane is revered as a leading analyst in the online broker industry. His insights have been instrumental in shaping strategies and decision-making for executives worldwide. Stephane's expertise isn't confined to the boardroom; he is also an esteemed business school professor, with an MBA from Columbia University and prior experience at Goldman Sachs. Stephane's impact extends beyond the confines of academia and corporate settings. He has spoken and moderated panels at prestigious events globally, earning citations from esteemed publications such as Finance Monthly, The Journal of Finance, and Financial Analysts Journal. His contributions to industry discussions cover a wide array of topics, from forex strategies to stock market catalysts, earning him recognition as a thought leader in the financial world.

      Last update: June 4, 2024