Coinexx Review 2025

Pros

• The Amsterdam-based virtual private server (VPS) provides constant connectivity, minimal delays, and near-perfect uptime to algo traders.
• Coinexx is among few brokers that offer the ActTrader platform. This platform is highly adaptable, with separate widgets and has 48 indicators and 11 timeframes. It also provides price quotes of up to 8 decimal places.
• Coinexx uses an ECN model that offers tight spreads from 0 pips. This, combined with high leverage up to 1:500, supports traders with high-speed, high-volume strategies.

Cons

• Despite allowing quick funding in over 25 cryptocurrencies, the lack of traditional currency deposit options at Coinexx may be a significant constraint for many traders.
• Coinexx has been running for more than 7 years but still lacks regulatory approvals, notable industry awards, and complete trust from our experts.
• Coinexx provides seven calculators (forex, margin, pip, currency, commission, swap, PnL) for trading purposes. However, it lacks additional tools, education, or research features to aid traders.

Coinexx is a cryptocurrency-focused broker with fast execution and over 80 trading instruments. It shines with instant deposits and efficient trading services. Signing up for a live account is straightforward, though you should note the minimum deposit requirement. Their MetaTrader 4 (MT4) platform has robust features for traders. Be aware of withdrawal fees before starting. Overall, experts find Coinexx a strong option for traders seeking speed and variety.

Company Details

Coinexx offers low-cost trading, accepting crypto for deposits and withdrawals. As a true ECN broker, it provides direct market access with no dealing desk and tight spreads. Since its 2017 launch, Coinexx has grown, boasting over 5,000 live accounts. Based in Seychelles, Coinexx remains unregulated.

Trading Platforms

Coinexx offers powerful trading platforms: MetaTrader 4 and MetaTrader 5. Accessible via web browsers or desktop, they ensure flexibility for traders. Known for their stability and intuitive interfaces, these platforms by MetaQuotes excel with fast executions and numerous analysis tools. Both beginners and experienced traders benefit from competitive pricing and no dealing-desk interventions.

MetaTrader 4

• One-click trading
• Integrated trading signals
• 30 built-in technical indicators
• Automated trading with EAs and bots
• Stop-loss and take-profit orders
• Extensive library of custom indicators
• Open up to 99 charts in one interface

MetaTrader 5

• Use of EAs
• Partial order filling
• In-built strategy tester
• MQL5 programming language
• Integrated economic calendar
• 38 built-in technical indicators
• Advanced Market Depth feature

How To Trade

1. Double-click an instrument in Market Watch – an order window will open
2. Set your trade as ‘market execution’ or ‘pending order’
3. Enter transaction volume and stop-loss/take-profit if needed
4. Select trade direction: ‘buy’ or ‘sell’
5. Right-click to modify a position and select ‘modify’
6. Right-click the order line on the chart and select ‘close’ to exit

Assets & Markets

Coinexx excels with over 80 instruments for trading:

• Indices: Trade major stocks like FTSE100, US30, and S&P500.
• Commodities: Invest in energies and metals like WTI Crude, Natural Gas, Gold, and Silver.
• Forex: Access 60+ currency pairs, including EUR/USD, USD/JPY, and GBP/USD.
• Cryptocurrencies: Trade BTC/USD, ETH/USD, and XRP/USD.

The MetaTrader platforms cater to all trading styles, including scalping, hedging, and automation.

Spreads & Fees

Coinexx excels with deep liquidity and quick connectivity, providing traders tight spreads. With spreads of 0.0001 pips for EUR/USD and 0.005 for USD/JPY, traders get competitive edge. FTSE 100 is offered at 0.9 points, and US 30 at 2.0 points. Plus, Coinexx’s commission fee is low at $2 per lot, beating Hugosway’s $5 per lot. Positions held after midnight incur swap fees. The broker’s site features a swap charge calculator to estimate costs, factoring in current market trends. Coinexx charges no inactivity or account management fees. Tools like margin, pip, and forex calculators aid trading decisions for all retail investors.

Coinexx Leverage

Coinexx provides leverage of up to 1:500, allowing traders to control $500 with just $1 deposited. Use risk management to prevent losses from escalating when trading with high leverage.

Mobile App Review

Coinexx lacks a unique mobile app but supports trading through MT4 and MT5 on iOS and Android devices. Traders can log in and view their full trading history and use various graphs and analysis tools. The app offers live market news and allows setting price alerts. For questions, there’s a built-in live chat feature.

Payment Methods

Deposits

Coinexx supports deposits in 25 cryptocurrencies, like Bitcoin, Ethereum, Dash, and Litecoin. However, fiat currencies are not accepted. Funds can come from an external wallet or be stored in Coinexx’s cold storage. The minimum deposit is 0.001 Bitcoin, matching the Coinex exchange requirement. Coinexx doesn’t charge deposit or withdrawal fees.

How To Deposit To A Live Trading Account

1. Log in to the Coinexx client portal
2. Select ‘Deposit’ from the top menu
3. Add your live trading ID. Account currency and balance will auto-populate
4. Choose your deposit currency and enter the amount
5. Select ‘Proceed’
6. Funds are deposited to your account once blockchain confirms

Withdrawals

Withdrawals are processed within 48 hours, but clearing times depend on blockchain confirmations. The withdrawal currency matches the deposit currency. A minimum of 0.001 BTC or equivalent is required, with no maximum limit. Traders can withdraw their account balance above the margin requirement. Coinexx doesn’t provide refunds for incorrect payment requests or wallet issues.

Demo Account

Coinexx offers traders a demo account via the MT4 and MT5 platforms. With leverage up to 1:500, you can trade various virtual currencies. Registration is simple. After signing up, select ‘Demo Account’ from the client dashboard menu and choose either MetaTrader 4 or MetaTrader 5.

Bonuses & Promotions

Coinexx stands out for offering a 100% deposit bonus to new retail investors. This bonus applies if you deposit at least $100. They also offer up to 1:200 leverage.

Regulation & Licensing

Coinexx Ltd is an unregulated broker. This allows them to offer competitive trading conditions, like higher leverage, compared to FCA or CySEC-regulated brokers. However, there’s no access to compensation schemes if the business becomes insolvent, but they do offer negative balance protection.

Additional Features

VPS

Coinexx provides a free VPS to clients with at least $5000 in their trading account, ensuring uninterrupted connectivity and low latency. Traders benefit from fast execution with only a stable internet connection needed. If the minimum isn’t met, the VPS costs $25 monthly.

Education & Tools

Coinexx disappoints by not offering educational materials, especially for beginners. However, the website has useful tools like a swap fee calculator, P&L calculator, and margin calculator for performance forecasts.

Account Types

Coinexx offers a single live trading account: Pro ECN. Traders benefit from tight spreads, low commissions, and interbank pricing from tier-1 banks and liquidity providers. Key features include:

• 70% margin call
• 50% stop out level
• Leverage up to 1:500
• ECN order executions
• Tight spreads from 0 pips
• $2 commission fee per lot
• 100 lots maximum trade size
• 0.01 lots minimum trade size
• BTC, ETH, LTC, BCC, and USD base currencies

How To Open An Account

1. Click ‘Open An Account’ on the homepage or use the ‘Visit’ button
2. Sign up with an email
3. Fund your account with cryptocurrency or USD
4. Start trading

Coinexx allows anonymous trading with no identity verification for KYC/AML checks.

Trading Hours

Coinexx operates on a GMT+3 server time and offers varied trading hours by instrument:

• Indices: Trade from Monday to Friday, 01:00 AM to 12 AM, with a daily break from 12 AM to 1 AM.
• Forex: Available Monday to Friday, 12:05 AM to 12 AM, with a daily pause from 12 AM to 12:05 AM.
• Commodities: Open Monday to Friday, 01:00 AM to 12 AM, resting daily between 12 AM and 1 AM.
• Cryptocurrency: Trade 24/5 from Monday to Friday, with a brief halt from 12 AM to 12:05 AM each day.

Customer Service

Coinexx excels in offering 24/7 customer support but lacks a phone option. Reach out via live chat, email, or an online form. Although they’re active on Facebook and Twitter for updates, a FAQ section is missing. This leaves common questions on trading, deposits, withdrawals, and using MetaTrader unaddressed.

Security & Safety

Coinexx excels in security by encrypting data transfers between users, crypto wallets, and trading platforms. Your funds are kept safe in cold storage wallets, with private keys stored offline. To enhance protection, each withdrawal needs an authentication code sent to your mobile. They manually process transactions without APIs or automation, ensuring added security.

Coinexx Verdict

Coinexx stands out for its competitive pricing and ECN execution. Traders can benefit from generous leverage and choose between MT4 and MT5 platforms. It’s also adept at cryptocurrency funding, allowing traders to make quick deposits with various digital currencies. Though the instrument list is limited and educational resources are sparse, these factors shouldn’t deter potential users.

Alternatives To Coinexx

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