Coinnery Forex Broker

General Information Coinnery Ltd is a broker based in the United Kingdom that engages in providing clients with a variety of financial products and services. Market Instruments Coinnery offers investors a range of financial instruments including Currencies, Crypto, Commodities, Stocks, Indices. Accounts & Leverage There are five kinds of account types for investors to choose from at Coinnery: Standard: minimum deposit of $1,000, maximum leverage up to 1:100 Silver: minimum deposit of $10,000, maximum leverage up to 1:200 Gold: minimum deposit of $50,000, maximum leverage up to 1:300 Platinum: minimum deposit of $100,000, maximum leverage up to 1:400 Diamond: minimum deposit of $250,000, maximum leverage up to 1:500 Spreads & Commissions The spreads start from 0.5 pips on both Gold and Platinum, from 1.9 pips on Silver and from 2 pips on Standard. The Diamond account offers raw spreads. Coinnery does not offer the parameters of commissions on its website. Trading Platform Available Coinnery uses a very basic web-based interface, which cannot be compared to the MetaTarder4 or MetaTrader5. MT4 and MT5 are the most popular forex trading platforms because these trading terminals offer excellent charting and marketing analysis tools, copy trading, automated trading, and more. Besides, both of them are available as desktop downloads, web versions, and online apps. Deposit & Withdrawal Coinnery claims to accept credit/debit cards, bank wires, and Skrill as payment options. An account becomes dormant after 60 days of inactivity and will be charged $85 per month. Trading Hours The trading hours depend on the specific market. For example, forex can be traded 24 hours a day Monday through Friday. Customer Support If clients have any questions or concerns, please call +44 7830 320266 or email support@coinnery.com for consultation. Risk Warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.