Coinexx Review: FX Cryptocurrency Trading, Bitcoin Broker

1. What is Coinexx?

2. How to deposit and withdraw funds?

3. What are their products?

4. Our personal expierient.

What is Coinexx?

Founded in 2017 with a mission to disrupt the more traditional forex and CFD brokers that rely on slow deposits and withdrawals via bank wire transfers, Coinexx accepts deposits primary in cryptocurrencies rather than national fiat currencies.

Coinexx is a legally registered forex broker located in St. Vincent and the Grenadines, a popular offshore hub for many forex brokers these days.

With Coinexx, clients can sign up and get started trading with a minimal amount of hassle without the cumbersome ID verification process that most other brokers require their traders to complete.

How to deposit and withdraw funds?

Traders can deposit funds in Coinexx with crypto-currencies, which means that they trade anonymously.

Coinexx distinguishes itself from other brokers by accepting deposits primary in cryptocurrencies. The acceptable cryptocurrencies are bitcoin, Litecoin, dash, ether, and 25 other cryptocurrencies supported. The minimum deposit and withdrawal amount are 0.001 Bitcoin (BTC).

What are their products?

Instruments offered for trading include more than 60 forex pairs, commodity and equity index CFDs, and cryptocurrencies Bitcoin Cash, Ripple XRP, Litecoin, Ethereum, and Bitcoin. Spreads are listed transparently on the broker’s website and are generally very tight – starting from 0.0 pips. Meanwhile, commissions are about USD 2 per lot, with 0.01 lots being the minimum trade size on the broker’s standard Pro ECN Account.

Our personal expierient.

Coinexx is a very professional company which provides low commission and spread.

When we decide to make an account, we try to deposit the amount of 10$ (U.S dollars) to test what could be the real minimum deposit. The deposit of 10$ (U.S dollars) was transferred successfully without any issue, within 1 hour.

One of the issues was that the default password of the Metatrader4 account was incorrect. After the advice of Coinexx support to change the password and try again, the Metatrader4 account opened correctly.

One of the most important benefits for us was that with Coinexx, traders have the opportunity to open indices positions with a minimum of 0.01 Lot. That makes Coinexx a good choice for traders with low balances.

After a half year, we can be sure that we will still trust and trade with Coinexx.