Score
Coinexx
https://coinexx.com/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
Coinexx-Demo
Influence
B
Influence index NO.1
MT4/5 Identification
MT4/5 Identification
Full License
Influence
Influence
B
Influence index NO.1
Contact
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Account
- Environment--
- Currency--
- Maximum Leverage1:500
- SupportedEA
- Minimum Deposit$10
- Minimum SpreadFrom 0.0
- Depositing Method--
- Withdrawal Method--
- Minimum Position0.01
- Commission$1/Lot per side (Forex, and Commodities), $1/100k per side (Cryptos), $0.1/Lot per side (Stock Indices)
- ProductsForex, Commodities, Indices and Cryptos
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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coinexxltd.com
162.241.253.126coinexx.com
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Company Summary
| Quick COINEXX Review Summary | |
| Founded in | 2017 |
| Registered in | Comoros |
| Regulated by | No license |
| Trading Instruments | 80+, forex, commodities, cryptos, indices |
| Demo Account | ✅ |
| Min Deposit | $10 |
| Leverage | Up to 1:500 |
| EUR/USD Spread | Floating around 0.1 pips |
| Trading Platform | MT4/5, Alpha |
| Deposit & Withdrawal Fee | ❌ |
| Customer Service | Live chat |
| Bonus | 100% bonus on every deposit (up to $40,000) |
| Regional Restrictions | United States of America, Afghanistan, Belarus, Burundi, China, Cuba, Congo, Sudan, Sri Lanka, North Korea (Democratic People's Republic of Korea) and Yemen |
COINEXX Information
Coinexx is an unregulated online brokerage firm that offers trading services in a wide range of financial instruments, including forex, commodities, cryptos, and indices. It was established in 2017 and is registered in Comoros, with a physical office in Dubai, UAE. The company offers its clients a variety of account types, competitive spreads, and high leverage up to 1:500. Coinexx provides access to trading platforms such as MT4 and MT5.

COINEXX Pros and Cons
| Pros | Cons |
| Demo accounts | No regulation |
| Tight EUR/USD spread | Limited trading instruments |
| MT4 and MT5 platform | Regional restrictions |
| Low minimum deposit | |
| No deposit/withdrawal fee | |
| Live chat support | |
| 100% bonus on every deposit (up to $40,000) |
Market Instruments
COINEXX offers 80+ trading instruments, including forex, commodities, cryptos, and indices.
| Trading Assets | Available |
| Forex | ✔ |
| Commodities | ✔ |
| Cryptos | ✔ |
| Indices | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Trading Account
Coinexx offers a single account type, the Pro ECN account, which offers low spreads starting from 0.0 pips for forex, commodities, indices and cryptos, and high leverage of up to 500x. Traders can use any trading style they prefer, and the account accepts BTC, BCC, LTC, ETH & USD. The account also offers a large maximum trade size of 100 lots and a 100% deposit bonus. However, Coinexx is an unregulated broker, which could be a disadvantage for some traders.
Leverage
COINEXX offers a maximum leverage of up to 1:500, which is quite high and allows for traders to potentially achieve high profits from their trades. However, high leverage also increases the risk of significant losses, and inexperienced traders may not fully understand the risks associated with trading on high leverage.
Additionally, regulatory bodies may impose restrictions on the maximum leverage offered by brokers. For experienced traders with a well-planned strategy, high leverage can be a useful tool for trading, but excessive leverage can lead to margin calls and forced liquidation of positions.
Spreads and Commissions
In summary, while COINEXX offers low commissions and transparency in their fees, the spreads for major currency pairs are not competitive and may not be attractive to traders. Additionally, the high swap rates and limited payment options may also be a disadvantage for some traders. It is also important to note that COINEXX is an unregulated broker, which may pose potential risks for traders.
Trading Platforms
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are both popular trading platforms widely used by forex brokers. They are available on desktop and mobile devices, and provide a user-friendly interface for traders. The platforms offer a wide range of trading tools and indicators, as well as the ability to use Expert Advisors for automated trading.
However, the platforms have limited customization and charting capabilities, as well as limited automation and risk management tools. Additionally, backtesting capabilities are also limited on both platforms. Overall, MT4 and MT5 are reliable and popular platforms for traders who prioritize ease of use and accessibility.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, Desktop, Mobile | Beginners |
| MT5 | ✔ | Web, Desktop, Mobile | Experienced traders |
| Alpha | ✔ | Web, Desktop, Mobile | / |
Deposit and Withdrawal: Methods and Fees
Coinexx offers its clients the convenience of funding their trading account with major cryptocurrencies and access to dedicated crypto wallets. Clients can transfer funds directly from these wallets to their trading accounts or any external crypto wallets. Withdrawals are also processed within the stipulated timeframe. However, withdrawals are reviewed and processed manually to avoid any unauthorized activities, which may result in longer processing times.
Keywords
- 5-10 years
- Suspicious Regulatory License
- MT4 Full License
- MT5 Full License
- High potential risk
News

Exposure Investing in Coinexx? Think Again Before Your Account Balance Hits ZERO
Coinexx has emerged as a nightmare for traders who once saw potential and profit in its platform. The problems lie in its lack of transparency, which has left many investors with a ZERO balance. Scamming investors by employing fraudulent tactics and introducing bogus trading rules is increasingly becoming its status symbol. The endless negative reviews of this scam broker are trending on various platforms. To expose the troubling investor experiences, we’ve compiled sharp complaints from verified users of Coinexx. Read on!

Exposure COINEXX Exposed for Blocking Trader's Withdrawal Request
In online trading, choosing a reliable broker is one of the most important decisions a trader can make

Exposure Review: How Risky Is Trading with COINEXX Broker?
Explore the perils of investing with unregistered brokers like COINEXX. Prioritize your financial security by selecting trusted brokers. Stay vigilant to safeguard your investments.

News WikiFX Review: Is COINEXX trustworthy?
What does COINEXX look like? Is COINEXX legal in your country? WikiFX made a comprehension review on this broker to help you better understand the truth, we will analyse the reliability of this broker from specific information, regulation, exposure and etc. And you should never miss it.

News WikiFX report: Coinexx News
Coinexx clearly did none of the above, and could not even be considered a broker, but rather a foreign exchange market con. If Coinexx offers higher leverage than this, it's a red flag that it could be a scam. Coinexx is more likely to be a fraud if it requires a higher-than-average quantity. A legitimate broker will usually ask around $5 to $10 in exchange for their services.

News Trading on Coinexx Platform, a Review
Blockchain technology has immense potential, not because it fuels cryptocurrencies but because it has the ability to remove friction, streamline and speed up processes. The technology’s first use case, Bitcoin outgrew its original premises and opened avenues for many more potential use cases. Thus, Coinexx was born with the belief that integrating blockchain with forex can redefine the way people invest and trade.
Wiki Q&A
Does Coinexx have any cons?
Yes, there are several drawbacks to using Coinexx. The biggest issue for me is its unregulated status. As an unregulated broker, I can’t be fully sure of the safety of my funds or whether I’ll receive fair treatment in case of disputes. Another downside is the coinexx minimum deposit, which is low at $10, but for a coinexx broker that lacks regulation, the low entry point does not provide me with enough assurance. The platform offers only a single account type, which limits my options as a trader. While coinexx trading spreads are competitive, I’m concerned about the lack of transparency regarding other aspects like commissions, swap rates, and other potential fees. Additionally, regional restrictions mean I can’t access Coinexx if I’m from certain countries, which could be a dealbreaker for me depending on where I live. Overall, these cons lead me to be cautious when considering Coinexx as a trading option.
What are the pros of Coinexx?
One of the advantages of trading with Coinexx is the wide range of products available for trading, including forex, commodities, and cryptocurrencies. For me, the opportunity to trade coinexx trading pairs, like EUR/USD, with a tight coinexx spreads starting from 0.1 pips, is particularly appealing. Another benefit is that Coinexx offers coinexx mt4, which is a popular platform that I’m already familiar with, and coinexx demo account to practice strategies before putting real money on the line. I also appreciate the coinexx minimum deposit being just $10, which makes it easy for me to get started without taking on too much risk. The high leverage of 1:500 allows me to amplify my trades, though I’m aware that high leverage can increase risk. Despite these positives, I still need to be cautious due to the lack of regulation.
What trading instruments are available on Coinexx?
Coinexx offers over 80 instruments for trading, including forex, commodities, indices, and cryptocurrencies. This diverse range of assets provides me with plenty of opportunities to diversify my portfolio and take advantage of different market conditions. I particularly appreciate the availability of cryptocurrencies for trading, as they offer exciting growth potential. However, I am disappointed that Coinexx does not offer stocks, bonds, or ETFs, which would have been ideal for further diversifying my trades. Despite this limitation, I think the range of instruments offered is solid for most traders, and I would feel comfortable using it for forex and crypto trading.
Are there commissions for trading on Coinexx?
No, Coinexx does not charge commissions for trades, which is appealing to me as a trader. With coinexx broker, commission-free trading means that I can keep more of my profits without worrying about additional costs every time I open or close a position. However, while no commissions is a positive, the coinexx spreads could be a potential hidden cost. Without knowing the exact spread structure for other instruments, it’s difficult for me to determine whether Coinexx is as competitive as other brokers in this area. Additionally, the platform doesn’t provide clear details about swap rates, which are important for traders who hold positions overnight. As I’m looking for full transparency, I’d be cautious about using Coinexx until I can get a clearer picture of its full fee structure.
User Reviews 19
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FX6845073
Singapore
I have been trying to withdraw $29000 USD since last year, keep emailing them and doing what I can to provide data yet they are not doing anything about it, just generic email response. Help me get my money back
Exposure
FX1832231122
United Kingdom
Coinexx has blocked access to my personal space, when I try to connect to my mt5 accounts I have an error message saying invalid accounts, the story is just crazy, it started after requesting a withdrawal of 6000 dollars of profit, I was contacted by phone first additional to carry out a verification according to them and confirm to me later that my withdrawal will be launched. The next day I contacted them, they told me that my withdrawal will be received before the market closes the same day (Friday), I contacted them again yesterday about the withdrawal they told me that it will be processed as quickly as possible. and today I realize that all access to my accounts has been blocked, I contact them by chat, they tell me that the accounts have been blocked due to inactivity on the accounts or that it is false I placed trades yesterday, then I am told that my accounts have been "RECYCLED", and that I would be contacted later by email. I find myself without total visibility with my depo
Exposure
ming6218
Canada
I have deposited more than 60,000 US dollars on the Coinmte platform. At first, I was able to withdraw small amounts of US dollars. With the guidance of a so-called friend I met online, I earned more than 60,000 US dollars. However, when I tried to withdraw a portion of the US dollars, it was unsuccessful and my account was frozen. The platform's customer service told me that my account, along with 28 other accounts, is suspected of insider trading. I asked a friend online about this, and she said that she had to pay a deposit of 6 million US dollars for her account with 21 million US dollars, and she even showed me a screenshot. The US Futures Association requires a deposit of 30 US dollars for review before unlocking the account. After I paid 29,635 US dollars, the platform said that the US Futures Association required an additional fine of 36,735 US dollars before unlocking the account. At this point, I felt that I had encountered a scam from a fraudulent platform. The customer service representative told me that if I don't pay the fine by October 15th, my account will be permanently frozen. Right now, I am unable to withdraw more than 90,000 US dollars.
Exposure
Harley015
Germany
I began using Coinexx based on a friend's recommendation, and I'm generally satisfied with their services. Trading conditions and the platform are commendable, with efficient order execution. Overall, Coinexx meets my expectations and provides a satisfactory trading experience.
Positive
harley butler
Germany
I believe Coinexx is technically sound, offering good spreads and fast execution. However, they lack features for easy trade analysis and regular market updates. Trading independently is both a blessing and a curse in this regard.
Positive
FX1626030110
Venezuela
I made my investment and then they told me that I had to invest more to be able to withdraw and well I didn't have anymore and for the first investment I borrowed money. I still have access to the platform and I tried to withdraw my money and it tells me that it is yet to be verified.
Exposure
ryo048
Japan
Malicious Withdrawal Denials by Coinexx This is a report of improper falsification of transaction records, improper swap collection, withdrawal denial, profit cancellation, etc. [Warning.] Users should withdraw funds and non-users should refrain from opening new accounts. Below is a description of each piece of evidence and contradictory answers from emails and support. The prerequisite is "there are no restrictions on trading strategies" as shown in the image. Is it true? Unjustified reduction of profits and inability to withdraw funds. As far as we can confirm, there were several victims, and the actual number of victims is believed to be even higher. As a response, we reported to MetaQuote about the fraudulent damage caused by the denial of withdrawal. In the past, when we reported other cases of fraudulent withdrawals (GemForex, FXfiar, etc.), MetaTrade's license was revoked, and we are concerned that Coinexx's license may be suspended and its business may be suspended as a result. If the insincerity continues in the future, we believe that the damage report should be spread and the appropriate punishment should be taken. [Wise people who saw this article If you are a user, we recommend that you withdraw your funds. After the license is suspended, new deposits will be cut off and further withdrawal refusals are expected. If you are a new user, we recommend you to use another firm. Spreads (EURUSD0.2~0.6) seem narrow, but slippage (EURUSD1.0~2.0) is terrible and actual trading costs are huge. If you are a victim, please report to Meta Quotes.
Exposure
ryo048
Japan
Refusal to withdraw principal and profits, falsification of transaction records, unreasonable swap requests.Refusal to withdraw more than 100000USD.I have asked them every day, but they keep repeating that they will withdraw the money, but it has not been processed.The MT4 shows that the withdrawal has been processed, which is a fraudulent act itself.They are falsifying transaction records and reducing profits unfairly.Also, even though negative swap is deducted from the position, they are also unfairly collecting negative swap, which is not in the rules.We have secured screenshots and have proof.Email correspondence can also be made public.
Exposure
Klemens884
Germany
Coinexx has been good to me for over 18 months. They let me trade without interference, ensuring quick profit withdrawals. Their efficiency and ECN trading conditions are my favourite features that make trading with them a easy and it feels rewarding.
Positive
Alex Maier
Germany
No need to beat around the bush. After two unsatisfactory experiences with different brokers, Coinexx has firmly established itself as the leader in online currency trading. Their remarkable absence of slippage is the reason I remain loyal to them.
Positive
WarrenP
Canada
I really like that Coinexx doesn't put any trading restrictions on me. It means I can take risks the way I want without feeling limited. What's even better is that they don't dig into my personal details. This makes me feel more at ease because they can't single me out or treat me differently. I've felt like some other brokers were targeting me, but with Coinexx, I don't have that worry. Trading here feels more straightforward and fair.
Positive
IngoF
Germany
Navigating the Coinexx platform was a breeze. Not too much information and clutter only the necessary information is on their site. I signed up in minutes. They prioritize user privacy and only require a valid email address for registration. While optional, providing additional personal details is up to the user's discretion.
Positive
Kristofer
France
I switched from using a PAMM account to a MAM account on Coinexxx due to having smaller investors, and my desire to see everyone succeed while also increasing my income. The flexibility of MAM accounts, where I can allocate different lot sizes to each sub-account and make manual adjustments as needed, appealed to me. In contrast, PAMM accounts automatically allocate trades based on percentage allocation, limiting flexibility to adjust individual trades in each sub-account.
Positive
Holdenkemmer
Italy
I have been trading with Coinexx and I must say, I am impressed with their low spreads and extremely fast withdrawals via Crypto. Coinexx is a legit broker and I think people who say otherwise are probably not good at trading, as I myself struggled in the beginning. In comparison to my previous broker, Coinexx stands out as the only broker I know that offers free withdrawals in BTC. Other brokers I have worked with charge $20 or more for every withdrawal, which can quickly add up.
Positive
Friedbert
Germany
I'm happy to report that their support has been excellent every time I've needed it. I'd recommend giving Coinexx a try.
Positive
净心
United Arab Emirates
With only just starting to trade with them for two weeks, they were very prompt in contacting me and answering all my questions about their services. A good start.
Positive
FX1204247012
South Africa
Spreads from 0.0 pips, minimum deposit from 0.001 BTC, no transfer fees, all lies! They just want you to fall to the prey. They did this to me, keeping asking me to put more and more money, and I met high slippage frequently. Don’t come, guys!
Neutral
A瞬间
United Kingdom
I achieved a lot of profits from COINEXX, I'm glad to come across your platform. And I also say thank you for the customer support service. Thank you so much and continue helping me.
Positive
FX2594832620
Nigeria
I trade with coinexx on demo, everything was perfect, as soon as I switched to live, I started getting all kind of slippage, didn’t matter if its market or limit it order slow or fast market, and those crook get me in the worth price possible when I get it or get out with this dishonest people
Exposure