Coinexx
4.9

Coinexx : Is It an offshore Crypto-CFD Broker?

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4.9/10 (Expert Score)
Product is rated as #43
Trust & Regulatory Status
5.4
Tradable Instruments
5
Fees
5.4
Account Types
4.5
Platform and Tools
5
Deposit and Withdrawal
5.6
Customer Support
3.8
Research and Education
5.6
Mobile Trading
5.5
Security
4.7

USP: Crypto-only funding & withdrawals | Low minimum deposit | ECN-style raw spreads & high leverage


Coinexx Overview & Company Background


Coinexx is a crypto-funded CFD/forex broker offering a low-entry barrier trading service, using platforms like MetaTrader 4 and MetaTrader 5, and providing access to forex, commodities, indices and crypto CFDs. It targets traders comfortable with cryptocurrency deposits and aims to deliver ECN-style pricing with tight spreads and competitive commissions.

🏦 Headquarters: registered in an offshore jurisdiction (often referenced as Comoros / SVG) 
📅 Founded: 2017 
📜 Regulation: Unregulated (no recognised Tier-1 or Tier-2 regulatory licence) 
🏦 Supported Countries: Global — excluding some restricted regions (e.g. certain sanctioned countries) 
💻 Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5) (desktop, web, mobile) 
💵 Min Deposit: As low as ~0.001 BTC (≈ $10) according to multiple broker-data aggregators

Company Background:

Coinexx started operations in 2017, positioning itself as a crypto-centric CFD broker targeting clients comfortable with cryptocurrency funding. Over time, it has grown to offer forex, commodities, indices, and cryptocurrency-derived CFDs, using MT4/MT5 as its primary platforms. Their mission appears to be offering flexible, low-entry barrier trading via crypto — enabling global access irrespective of banking limitations. However, unlike mainstream regulated brokers, Coinexx does not hold licences from top-tier financial authorities, which means it remains offshore and outside standard investor-protection frameworks. This places the broker on the more speculative, high-risk end of the trading spectrum.


Pros & Cons Analysis


PROS
  • Low minimum deposit (≈ 0.001 BTC / ~ $10), allowing easy entry for small-scale or crypto-native traders.
  • ECN-style raw spreads (spreads from 0.0 pips) offering potentially competitive pricing for active traders.
  • Crypto-only funding and withdrawal — convenient for users who prefer deposits in cryptocurrencies (BTC, ETH, etc.) rather than fiat banking.
  • Multi-asset access — forex, commodities, indices, and crypto CFDs all accessible from a single account.
CONS
  • No regulation from any recognised Tier-1 or Tier-2 financial authority; unlicensed — significant legal and safety risk.
  • Cryptocurrency-only deposit/withdrawal — not ideal for users preferring fiat or traditional payment methods.
  • Trading is CFD-only — no actual ownership of underlying assets.
  • High leverage (up to 1:500) — increases risk, especially with volatile crypto-funding and unregulated environment.

Coinexx vs Competitors: Key Differences

  • Coinexx allows crypto-only funding and withdrawals, while many competitors accept fiat via bank transfer / cards.

  • Coinexx offers very low minimum deposit (≈ $10), far below many brokers’ $100–$300 minimums.

  • Coinexx lacks regulation, which most established brokers maintain — lower overhead, but increased risk.

  • Coinexx uses standard platforms (MT4/MT5) but does not provide proprietary platforms or broad payment options, limiting user flexibility.


Is Coinexx Regulated and Safe?


Is Coinexx Regulated and Safe?

Regulatory Assessment:
Coinexx operates as an offshore broker without a recognised licence from a major regulatory authority. It is classified as unregulated — meaning it is not under the oversight of Tier-1 or Tier-2 regulators. This implies there is no formal investor protection, no guarantee of fund segregation, no deposit insurance, and limited legal recourse if issues arise.

Regulatory Licenses:

  • No active regulatory licence found.

Safety Measures:

  • According to marketing materials, Coinexx claims features like “Negative Balance Protection” for its accounts.

  • Use of standard platform security — e.g. SSL encryption for website and trading platform access (implied by crypto-broker normative practice) though no formal “proof of reserves” or external audit publicly disclosed.

  • Custody of funds via crypto wallets (likely cold wallets) as per some broker-reviews, but lack of external verification or regulatory oversight undermines this.

  • No public investor compensation scheme or deposit insurance.

Given the combination of unregulated status and crypto-only funding, the safety of client funds depends solely on the broker’s internal practices — with no external oversight or guarantee.


Trading Conditions & Costs


✅ Instruments: Forex, Commodities, Indices, Cryptocurrencies 
✅ Spreads: From 0.0 pips (ECN-style) 
✅ Commission: ~ $2–$3.50 per side (round-turn) per lot in raw/ECN accounts. 
✅ Leverage: Up to 1:500

Detailed Explanation

  • Instruments: Coinexx offers a diversified range — from traditional forex pairs, commodities (e.g. metals, oil), to indices and crypto-CFDs. This gives traders flexibility to diversify across markets rather than sticking to one.

  • Spreads: The advertised raw spreads starting from 0.0 pips can be advantageous for active or high-frequency traders seeking minimal cost per trade. However, raw spreads with commissions must be weighed together.

  • Commission: With a modest commission for ECN-style accounts (often $2–$3.5 per side per lot), total cost remains competitive when compared to average brokers charging significantly higher spreads or commissions.

  • Leverage: Up to 1:500 — provides high potential for amplified profits on small capital. But with high leverage comes high risk: losses can escalate quickly, especially with volatile assets or poor risk management.


Coinexx Trading Platforms & Tools


Available Platforms:

  • ✔ MetaTrader 4 (MT4) — industry-standard, desktop/web/mobile.

  • ✔ MetaTrader 5 (MT5) — more advanced features, charting, EAs, newer terminal.

Platform Features:

  • Real-time charts, live quotes, technical indicators in MT5.

  • Support for Expert Advisors (EAs) / automated trading via MT4/MT5.

  • No proprietary platform beyond MT4/MT5 — no special web-only or broker-native terminals.

  • Mobile access via MT4/MT5 apps (iOS/Android) — enabling traders to manage positions on the go.

Research Tools & Integrations:

  • Built-in technical analysis and charting tools via MT4/MT5.

  • No clear evidence of advanced proprietary research tools, sentiment analysis, or integrated news feeds beyond standard MT5 offerings. Several independent reviews cite a lack of comprehensive research or educational resources.


Coinexx Account Types & Minimum Deposit


Account Types Table

Account Type Min Deposit Spread Commission Platforms
Pro/ECN Account ≈ 0.001 BTC (≈ $10) or $10 USD equivalent From 0.0 pips (floating) ~$2–$3.50 per side per lot (raw) MT4, MT5

Note: Although some sources mention Classic / Standard / Pro variants, the dominant and clearly documented live account type is the “Pro / ECN” style account.

Special Features:

  • ⚙️ Demo account available for testing without risk.

  • 🔁 Negative Balance Protection — as per their account-type page.

  • ❌ No mention of Islamic (swap-free) accounts. Independent reviews note absence of swap-free option.

  • ❌ No documented VIP / premium / managed account tiers (other than standard ECN) — limited flexibility compared to larger brokers.


Deposits & Withdrawals


Deposit Methods:

  • Cryptocurrency transfers (e.g., BTC, ETH, LTC, USDT, etc.) only.

  • No support for fiat-based methods (bank wire, credit/debit cards, e-wallets).

Withdrawal Methods:

  • Same cryptocurrencies used for deposit, withdrawals in crypto.

Processing Details:

  • Processing Time: Withdrawals reportedly processed within ~48 hours (subject to blockchain confirmation).

  • Deposit Fees: No broker fee for deposit (though you may incur regular blockchain/network fees).

  • Withdrawal Fees: Broker claims no fee for withdrawals; network fees may still apply.

  • Minimum Limits: Minimum deposit often quoted as 0.001 BTC (~$10); minimum withdrawal thresholds depend on crypto and network.


How to trade with Coinexx? Step-by-Step Guide


  1. Visit Coinexx official website.

  2. Click on Register / Sign Up and fill in personal details. (Note: Coinexx claims minimal verification requirement.)

  3. (Optional) Skip or complete KYC depending on the broker’s request — many sources note no formal regulatory compliance or strict KYC.

  4. Fund your account using a supported cryptocurrency (e.g. BTC, ETH).

  5. Choose your trading platform (MT4 or MT5) and log in.

  6. Select the trading instrument (forex, commodity, index, or crypto CFD).

  7. Analyze charts, use technical indicators or EAs as desired.

  8. Place your trade (Buy/Sell), set stop-loss (SL) / take-profit (TP) orders.

  9. Monitor trade; close manually or let SL/TP execute as per your setup.

Summary: Trading with Coinexx is fairly straightforward, especially for those familiar with MT4/MT5 and crypto wallets. The crypto-only funding model and low minimum deposit make it accessible, but the entire process is unregulated — meaning ease of entry comes at the cost of fund-safety and regulatory guarantees.


Customer Support


Support Channels:

Support Hours:

  • Likely 24/5 (standard for many forex brokers) — though no explicit official timezone-based schedule found.

Additional Details:

  • Some reviews claim support responded quickly and helped resolve deposit/withdrawal issues.

  • No public mention of multilingual support or dedicated account managers. Independent reviews highlight limited educational resources and basic support infrastructure.


Coinexx Final Verdict


“Ideal for risk-tolerant crypto-native traders seeking high leverage, low-cost execution, and willing to trade CFDs with minimal entry barriers.”

Avoid if: you prefer regulated brokers, require fiat deposit/withdrawal methods, need investor protection, or are not comfortable with high-risk crypto-funded, high-leverage CFD trading.

Bottom Line: Coinexx offers a tempting package — low minimum deposit, ECN-style raw spreads, multi-asset CFDs, and crypto-only funding. For traders comfortable with risk and familiar with cryptocurrency and CFD markets, it might be an accessible entry point. However — the lack of regulation, absence of formal investor protection, and crypto-only funnel significantly increase the risk. For serious or long-term trading, especially with larger capital, using a regulated broker remains the safer choice.


Frequently Asked Questions



Is Coinexx a regulated broker?


No — Coinexx does not hold any recognised licence from major regulatory bodies; it operates offshore and is considered unregulated.

What is the minimum deposit to open an account at Coinexx?


The minimum deposit is very low — around 0.001 BTC (≈ $10) or equivalent, which makes it accessible for traders with small capital.

Can I deposit/withdraw in fiat currency (USD, INR, etc.) with Coinexx?


No — Coinexx supports only cryptocurrency deposits and withdrawals (e.g. BTC, ETH, LTC, USDT).

Which trading platforms does Coinexx support?


Coinexx supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), available on desktop, web and mobile devices.

Does Coinexx provide negative balance protection or bonus offers?


Yes — Coinexx’s account-type page indicates Negative Balance Protection. The broker also advertises periodic deposit bonuses or promotions via its live-chat/FAQ.


What is Coinexx and what does it offer?


Coinexx is an offshore CFD broker that provides access to multiple markets — including Forex, commodities, indices and cryptocurrencies — via crypto-funded accounts. Trades occur through platforms like MetaTrader 4 and MetaTrader 5. BitDegree+1

Is Coinexx regulated and safe?


No — Coinexx does not hold a licence from any major, recognised financial authority. The firm has been flagged by the Financial Conduct Authority (FCA) in the UK as unauthorized. As a result, there is no formal protection for investor funds, making it a high-risk option. FCA+2FastBull+2

What is the minimum deposit and maximum leverage at Coinexx?


The minimum deposit starts from about US $10 (or equivalent in cryptocurrency). The maximum leverage offered can go up to 1:500. TrustFinance+2Scam Broker Investigator+2

Which payment methods does Coinexx support for deposits and withdrawals?


Coinexx accepts cryptocurrency only (e.g. Bitcoin, Ethereum, etc.) for both deposits and withdrawals. There is no support for fiat payment methods like bank transfer or credit cards. Tradomatix+2FastBull+2

Has Coinexx faced user complaints or withdrawal issues?


Yes — there are multiple user complaints claiming delayed or failed withdrawals, as well as accusations of price manipulation and denial of funds. Such reports raise serious concerns about transparency and reliability. sitejabber.com+2Report Scams Community+2


About Author


Avatar photo

Robert J. Williams

Robert J. Williams, an MBA graduate from the University of Southern California with a significant background in finance. Extensive professional experience with top investment firms such as Balt Investment and Globe Investments, enhancing venture capital portfolios and developing sophisticated investment strategies. Contributing expert at PipPenguin, where he simplifies complex financial topics and online brokers for a broad audience, empowering them with the knowledge to succeed in trading.
Our Methodology
At BrokerInspect, we base our broker reviews on verified data from each broker's official website, supplemented by public regulatory disclosures. Using a structured scoring system, we evaluate key aspects like regulation, fees, platforms, and customer support. Each metric is individually rated and contributes to a broker's final score, which is reviewed by our editorial team. Reviews are regularly updated to ensure accuracy, transparency, and relevance.
Disclaimer
The information provided in this broker review is for educational and informational purposes only and does not constitute financial advice. Trading financial instruments involves substantial risk and may not be suitable for all investors. Readers should conduct their own research and consult with a licensed financial advisor before making investment decisions.

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Coinexx : Is It an offshore Crypto-CFD Broker?
Coinexx : Is It an offshore Crypto-CFD Broker?

 2025 BROKERINSPECT

Disclaimer: Trading forex, CFDs, cryptocurrencies, and other derivatives involves substantial risk and is not suitable for all investors. Leverage can amplify both gains and losses. Market volatility, system failures, and third-party service risks can result in significant financial loss. Past performance does not guarantee future results. This content is for informational purposes only and does not constitute investment advice. Seek professional guidance before making any financial decisions. For a full overview of associated risks and our disclaimers, click here.

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