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[Jaxonvm]

Coinexx is a relatively new international forex and cryptocurrency trading platform. It focuses on building a highly robust and flexible trading platform that provides digital contracts to mainstream and cryptocurrency traders from all around the world. Coinexx started it service in 2017 and is being operated by Coinexx Inc with it registered office situated at First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.
Though Coinexx is relatively new, it has really been praised by some traders for having one of the lowest spread in the industry, it offers a pleasant and efficient trading environment to traders that reduce latency and improve trading efficiency. Currently Coinexx support trading of over 80 Instruments and so far over 5000 accounts have been open on the platform.

It is important to note that forex trading comes with a huge degree of risk which anyone thinking of venturing into it should be aware of.

Pros Of Using Coinexx As A Trading Platform
1. Security: Coinexx claims to follow all standard security measures in securing user assets. All transactions are end to end encrypted, users funds are stored in a cold wallet which is protected from unauthorized access, dual authentication is required when placing a withdraw order. Also, all deposit and withdrawal are manually processed with close monitoring.
2. Instant Account Setup: Setting up a Coinexx account happens in just a few clicks. You open an account using your email address and start trading. No extra document or verification required.
3. Low Spread: Access one of the most competitive spread from major LPs all around the world with transparent pricing and low latency connectivity.
Coinexx features one of the lowest spread in the industry, the spread can be as low as 0.0 pip.
4. Support Deposit Using Cryptocurrency: Fund your trading account using cryptocurrencies like Bitcoin, Ethereum, Litecoin, Dash and more without any minimum deposit. Also there is no deposit fee.
5. Mobile Trading: Coinexx does not have it own native trading app, but traders can still trade using MetaTrader 4/5, which is available for mobile and can be downloaded from device respective app store.
6. Free Demo Account: Coinexx offers free non-time limited demo account with virtual funds where a trader can easily test the platform without any form of risk.
7. Free VPS: Coinexx offers free VPS to traders who request for it and have deposited a minimum of $500. The VPS can also be purchased for $25 by those who didn't meet the criteria.
8. Anonymous Trading

Cons Of Using Coinexx As A Trading Platform
1. No Background Information: Coinexx appears to be non-regulated, there's little information about the company or who manages it.

Based on my research, I have found some positive reviews about this broker but one should never judge a platform like this based on reviews. Also, the fact it's relatively new, non-regulated and little information about those behind the company really turns me off. I also noticed that the office address on their website is also being used by other similar less know brokers which looks strange to me.

 

[millerkiller]

@Jaxonvm I'm trading with Coinexx for a while now and the trading has been great. I agree with you tht their trading conditions are great which I think is only because they are crypto centrics. Crytpos and blockchain makes everything efficients and brokers like coinexx pass on those benefits to us traders. Ac opening in few minutes and spreads are as good as they look on demo. One of the few guys who offer cryptos on MT5 so make them a great choice. Have withdrawn once and it was processed in 24 hours. Hope the experience is as pleasant if you go live with them/ Good luck.

 

[Jazzredwing]

Yeah I saw their spreads on myfxbook. Couldn't resist so decided to open a demo acc with them. The trading environment seems too perfect sometimes. Spreads are unbelievably sharp. I just want to be sure before I take the final plunge to live account. Could someone here be more elaborate about their "LIVE" experience with Coinexx? Like how are they with their withdrawals on a consistent basis? And what do they say about funds safety?

 

[tray59]

Yes i once try this broker and its was the best for me and i think that the spread which the broker charge here is very good but sometime their trading terminal dose not support mobile app.

So now all i can say is that what the broker need to look after is the customer support service the respond time is very long.

 

[millerkiller]

Yes i once try this broker and its was the best for me and i think that the spread which the broker charge here is very good but sometime their trading terminal dose not support mobile app.

So now all i can say is that what the broker need to look after is the customer support service the respond time is very long.

Hi tracy. Good question. Even I faced tht issue but their support team replied well in time and it was solved there and then. It's basically that we cannot open a new account on MT5 mobile app. On desktop it works fine. I guess mt4 also has that bug. The steps that takes you through it are like:

• download the MT5 application
• go to manage account section in the left menu.
• press the '+' button to chose your broker- there type coinexx
• once you select Coinexx limited, now fill in the login details. If you click open new account you might not find the server
• from servers, chose demo or live whichever account you have. And bingo you are logged in.

 

[Rrobinson]

Does coinexx takes US clients and which countries are restricted for trading here? Curious

 

[Jazzredwing]

Does coinexx takes US clients and which countries are restricted for trading here? Curious

Yes they do. They are crypto centric so there are no restriction or regulations that force them not to take US clients. You can trade with them freely no matter where you are from. Their account opening is just as easy for a Columbian cient as it is for an American client. I just started trading live with them and it's going good so far...The freedom and ease of trading with such brokers is exactly what forex markets need at the moment!

 

[BeerGuy]

@Jazzredwing since you are with them, do they do KYCing for their clients?

 

[Jazzredwing]

@Jazzredwing since you are with them, do they do KYCing for their clients?

That's the beauty of it my friend! There is no KYC to be maintained or ever done. As there are no definite regulatory bodies in crypto world so its not mandatory for them or even us to get KYC done. It is as simple as opening a Gmail account. Just fill in your basic details, verify email, open live account in just seconds and you're done,. Now deposit and trade.

 

[Jaxonvm]

Thanks guys! Glad to see your responses about Coinexx. I think coinexx is amazing and i hv managed to move most of my trading with them. And came across an article about them on finance magnates. I thought it'll worth sharing here

https://www.financemagnates.com/tho...x-and-crypto-industry-with-digital-contracts/

 

[BeerGuy]

Thanks guys! Glad to see your responses about Coinexx. I think coinexx is amazing and i hv managed to move most of my trading with them. And came across an article about them on finance magnates. I thought it'll worth sharing here

https://www.financemagnates.com/tho...x-and-crypto-industry-with-digital-contracts/

that's great. Looks like Coinexx is bringing some serious change in the finance industry. Been testing them in a demo account lately. Their spreads look magnificent. Feel like I am ready to go live with them. @Jaxonvm since you started this discussion, did you open an account with them now? Just curious.

 

[Jaxonvm]

that's great. Looks like Coinexx is bringing some serious change in the finance industry. Been testing them in a demo account lately. Their spreads look magnificent. Feel like I am ready to go live with them. @Jaxonvm since you started this discussion, did you open an account with them now? Just curious.

@BeerGuy Yes my friend. After going through this discussion with so many traders out here, I was convinced to try them and I guess its turning out pretty smooth for me. And yes they get all the credit for the digital contract feature they pulled. It is actually the best use of both the markets for the good of traders.

 

[MartinTrading]

All the money in my account has been stolen. I have been trading on the forex market through various brokers for a year and I thought it was great that Coinexx offered the possibility to trade with altcoins. I still had 4000 XRP and 50 LTC in my wallets with which I did not do anything yet. After creating an account I was able to transfer the coins to Coinexx. Because I first planned a winter sport I had not yet dealt with my account. After I returned from my vacation in January, I was shocked to see that the balance was 0. I immediately contacted Coinexx how this was possible since I did not write off the amounts myself.
According to them, they had sent an email, after which they transferred the amounts to ETH and then debited them. The last amount was not yet debited at that time, but they could not stop it, they said.
I have always asked for substantiation or proof that the order was issued, but until now I have not received anything from them, only promises that they will be working on it soon.
So I just lost my money, it was about $ 2,873.00 at that time !!
I did further research together with an IT expert to see what probably happened since my mail account was not hacked, they probably got access to Coinexx with brute force, then changed my address to another address so that they could make the payment confirm. Then they put my e-mail address back as if nothing had happened.

BEWARE before you go to work with this party, the security and help you get is very bad!

 

[BeerGuy]

I don't know what happen with you, but I am highly satisfied with the broker. I have been trading with them for the past 8 months and never faced any such issue. My withdrawals are always processed after I authenticate them with an OTP send to me. I myself recommended coinexx to some of my friends and I never have heard any complaints from them. I hope whatever your issue is gets resolved soon though!

 

[ajohn]

Hey everyone,
I recently started trading with coinexx and wanted to know about their withdrawal policy. Till date I find them good and they haven't created any problems, so I was thinking for depositing a big amount, is it going to be safe. Please let me know your insights.

 

[Jaxonvm]

Hey everyone,
I recently started trading with coinexx and wanted to know about their withdrawal policy. Till date I find them good and they haven't created any problems, so I was thinking for depositing a big amount, is it going to be safe. Please let me know your insights.

Hey ajohn,
Not worry, coinexx is a legit broker. I myself am trading with them for a year now, no problems caused. Withdrawals never take more than 48hrs. Go nuts with the deposits!

 

[charles richard]

Hi everyone. I had been thinking on opening an account with coinexx. Can someone throw some light on the base currency options available with coinexx. Or to be more specific wanted to know if they have BTC or XRP as their base currency?

 

[jackfy6]

Hi everyone. I had been thinking on opening an account with coinexx. Can someone throw some light on the base currency options available with coinexx. Or to be more specific wanted to know if they have BTC or XRP as their base currency?

Yes they have 7 base currency options including BTC and XRP

 

[vgcman]

i think this platform is legit

 

[Naveedsgd]

After analyzing and testing them for a year and a half all I can say is, they are what all other traders are claiming them to be- the Best Broker to choose for trading today. Mostly all the brokers I have traded with have created drama in one way or the other for me but coinexx has been really good to me till date. One must never skip the opportunity to be with someone so good. Keep it up!