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.
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.
