Coinexx offers Demo and ECN accounts with a minimum deposit of $10. The platform’s low fees, starting from near 0, and its high leverage offering (1:500), make it an appealing choice for high-risk scalpers.
Company Information & Regulation Status
Founded in 2017, Coinexx is a Seychelles-based ECN Forex broker that provides direct market access without dealing desk intervention. The company has carved out a niche in the crypto-focused trading space, with all funding and withdrawals handled exclusively via digital assets.
Despite its growth, with over 5,000 active accounts opened, Coinexx operates without regulatory oversight from any major financial authority. While this enables the broker to offer high leverage and flexible trading conditions, it also means that users do not benefit from compensation schemes or traditional regulatory protections.
As a crypto-first broker with ultra-low spreads and a transparent ECN execution model, Coinexx is positioned to attract tech-savvy traders seeking decentralized funding and raw pricing.
Coinexx Broker Summary of Specifics
Let's take a quick look at the key features of Coinexx:
Broker | Coinexx |
Account Types | ECN, Demo |
Regulating Authorities | Not regulated |
Based Currencies | USD & EUR, BTC, ETH, LTC, BCC, and USD |
Minimum Deposit | $10 |
Deposit/Withdrawal Methods | Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), USD Coin (USDC) |
Minimum Order | 0.01 |
Maximum Leverage | 1:500 |
Investment Options | PAMM |
Trading Platforms & Apps | MT4, MT5, ALPHA |
Markets | FX, Commodities, Indices, Crypto |
Spread | From near 0 |
Commission | $1 |
Orders Execution | N/A |
Margin Call/Stop Out | 70% / 50% |
Trading Features | VPS, EAs |
Affiliate Program | YES |
Bonus & Promotions | %100 deposit bonus |
Islamic Account | No |
PAMM Account | YES |
Customer Support Ways | Email, phone, Contact form, Live chat |
Customer Support Hours | 24/7 |
Coinexx’s Types of Accounts
Coinexx broker keeps things simple by offering one main account type, which is an ECN account.
The ECN account is a standard live trading account that is perfect for beginners and experienced traders. Coinexx account features:
- Low minimum deposit of $10
- Spreads from 0.00001 pips
- Commission of $1 per lot (round turn)
- Leverage up to 1:500
- Access to all available trading instruments
The broker also provides a demo account for less experienced traders to navigate the trading environment.
This type is ideal for practice and strategy testing, as the demo account mimics actual market conditions without risking real money.
Advantages and Disadvantages of Coinexx
Let's weigh the pros and cons of trading with Coinexx:
Pros | Cons |
Ultra-low spreads | Not regulated by major financial |
Low minimum deposit | Limited educational content |
High leverage | No copy trading feature |
The advantages of Coinexx can be summed up in excellent trading conditions, and the drawbacks in the lack of strong supervisory authority.
Signing Up & Verification Process
Getting started with Coinexx is easy to follow. Coinexx registration:
#1 Start from the Official Website
Visit Coinexx’s homepage and click on “Register” to access the account creation form.
#2 Fill Out Your Personal Details
Enter your first and last name, email, a secure password, your residence country, and mobile phone number. Accept the terms to proceed.
#3 Email Verification
Check your inbox for an email from Coinexx. Copy the OTP code and paste it into the verification field to activate your account.
As an unregulated broker, Coinexx doen't require traders to verify thier accounts.
Trading Platforms for Coinexx
The broker offers 3 powerful trading platforms to cater to different trader preferences. Coinexx platforms:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- ALPHA Trading Platform
All platforms offer:
- One Click Trading
- Custom Indicators & Strategies
- No Restriction on Placing SL & TP (Stop Loss & Take Profit)
- Multiple Charts Setup
All platforms are available for desktop, web, and mobile devices, ensuring you can trade on the go or from your preferred setup.
TradingFinder offers a wide range of advanced MT4 and MT5 indicators that you can use at no cost.
Spreads and Commission Structure
The platform prides itself on offering some of the tightest spreads in the industry. Coinexx Spreads and Commissions:
- Spreads from an incredibly low 0.00001 pips (EUR/USD)
- Commission of $1 per lot (round turn) on ECN accounts
- No hidden fees or charges
Swap fees are applied to positions held overnight, and a dedicated swap calculator is available for transparency. The broker charges no account maintenance, inactivity, or hidden platform fees.
These pricing conditions, combined with raw spreads and low commissions, make Coinexx especially attractive for scalping and day trading.
Deposit & Withdrawal Methods and Fees
Coinexx takes a unique approach to deposits and withdrawals by exclusively supporting cryptocurrencies. Coinexx payment methods:
- Bitcoin (BTC)
- Litecoin (LTC)
- Ethereum (ETH)
- USD Coin (USDC)
Type | Min. Amount | Fees |
Deposit | $10 | Network Fees |
Withdrawal | $10 | Network Fees |
While the crypto-only approach may be limiting for some, it offers advantages like faster transactions and increased privacy.
Copy Trading & Investment Options
Unfortunately, Coinexx does not currently offer a copy trading feature. However, they do provide a PAMM (Percentage Allocation Management Module) account:
- These accounts allow investors to dedicate funds to professional traders
- Potential to earn profits based on the performance of chosen money managers
- Suitable for those who want to benefit from forex trading without active involvement
Tradable Markets & Symbols Overview
Coinexx offers a wide and diverse range of tradable instruments. Coinexx available markets:
- Forex: 60+ currency pairs
- Commodities: Gold, silver, oil, Natural gas and more
- Cryptocurrencies: Bitcoin, Ethereum, Litecoin, and others
- Indices: Major global stock indices
This variety ensures traders reduce their risk by investing in different markets.
Bonus Offerings and Promotions
Coinexx broker offers an attractive 100% deposit bonus for new clients:
- The maximum leverage for the bonus offer is 200X
- The maximum bonus amount per client at a time is $40,000
- Bonus money cannot be withdrawn or lost through trading, but you can withdraw all profits made using the bonus money
- The bonus amount will be removed after the client loses all their funds
- Minimum deposit required: $100
The broker also provides traders with an affiliate program, allowing them to earn additional income while making profits from trading.
Remember to read the terms and conditions associated with any bonus or promotion before participating.
Customer Support Team and Hours
Coinexx provides multiple channels for assisting customers. Coinexx support channels:
- Phone support: +1-929-388-0701
- Email support: support@coinexx.com
- 24/7 Live chat
- Contact form
The support team is recognized for its responsiveness and efficiency in resolving issues.
Complete List of Restricted Countries
Coinexx does not accept clients from the following countries. Restricted countries for Coinexx:
- United States of America
- Afghanistan
- Belarus
- Burundi
- China
- Cuba
- Congo
- Sudan
- Sri Lanka
- North Korea
- Yemen
Traders from these countries should explore alternative brokers that accept clients from their region.
Coinexx’s Trust Scores & Reviews on Trustpilot
Despite being a relatively new broker, the Coinexx Trustpilot profile has received positive feedback with an amazing rating of 4.9/5.
Users frequently praise the low spreads, fast execution, and responsive customer support; however, some express concerns about the lack of regulation.
Educational content on Coinexx Broker
Coinexx offers minimal educational support for traders. Unlike brokers that provide video tutorials, trading academies, or webinars, Coinexx does not maintain a structured learning center, a notable shortfall, especially for novice traders.
However, the broker does provide a set of practical trading tools through its website, including:
- A swap fee calculator
- P&L (profit & loss) calculator
- Margin requirement calculator
- Pip value calculator
While these tools assist with day-to-day trading decisions, traders seeking structured education will need to rely on external resources or third-party platforms.
Comparing Coinexx with Other Forex Brokers
The table below offers a comprehensive comparison of Coinexx's services with those of other Forex brokers.
Parameters | Coinexx Broker | |||
Regulation | Not regulated | FSA, CySEC, ASIC | FCA, FSCA, CySEC, SCB | ASIC, FSC, DFSA, CySEC |
Minimum Spread | From 0.0 Pips | From 0.0 Pips | From 0.0 Pips | From 0.6 Pips |
Commission | $1 | From $3 | From $0 | $0 (except on Shares account) |
Minimum Deposit | $10 | $200 | $100 | $5 |
Maximum Leverage | 1:500 | 1:500 | 1:500 | 1:1000 |
Trading Platforms | Metatrader 4, Metatrader 5, Alpha Trader | Metatrader 4, Metatrader 5, cTrader, cTrader Web, IC Markets Mobile | MT4, MT5, cTrader, Web Trader, Mobile App | MT4, MT5, Mobile App |
Account Types | ECN, Demo | Standard, Raw Spread, Islamic | Standard, Pro, Raw+, Elite | Micro, Standard, Ultra Low, Shares |
Islamic Account | No | Yes | Yes | Yes |
Number of Tradable Assets | 80+ | 2,250+ | 2100+ | 1400+ |
Trade Execution | N/A | Market | Market, Pending | Market, Instant |
Conclusion and final words
Coinexx offers many trading options, including PAMM accounts and Crypto Trading.
With its attractive $1 commission per lot on ECN accounts and a variety of crypto payment methods, such as BTC, LTC, ETH, and USDC, the broker stands out among its rivals.
The lack of regulation is a significant consideration, and traders should weigh this against the potential benefits.