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Coinexx Forex Broker provides real users with 11 positive reviews, 1 neutral reviews and 7 exposure review!

Coinexx Broker Review

2.30

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Coinexx Review 19

Latest All(19) Positive(11) Neutral(1) Exposure(7)
Exposure

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

FX6845073
04-16
Exposure
ACCOUNTS DELETED DEPOSIT AND PROFITS STOLEN

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

FX1832231122
04-16
Exposure
Unable to withdraw funds

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.

ming6218
2024-10-12
Positive
Satisfied with Coinexx: Efficient Trading Platform Meets Expectations

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.

Harley015
2024-05-19
Positive
Coinexx: Solid Trading Platform with Limited Analysis Tools

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.

harley butler
2024-05-16
Exposure
I have been cheated.

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.

FX1626030110
2024-04-04
Exposure
Regarding Coinexx Malicious Denial of Withdrawals

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.

ryo048
2023-12-23
Exposure

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.

ryo048
2023-12-21

  

Coinexx 2025 Review: Everything You Need to Know

  

Summary

  Coinexx is a young forex broker that started in 2017. This coinexx review shows a broker with both good points and serious problems. The company works as a Market Maker (MM) broker based in Saint Vincent and the Grenadines, offering forex and CFD trading through MT4 and MT5 platforms.

  The broker attracts traders with spreads as low as 0.0 pips and very low fees. Coinexx offers over 80 trading tools and needs only $7 to start trading, making it easy for new and skilled traders to join. The platform lets users deposit and withdraw money using cryptocurrency, which fits modern trading needs.

  But user reviews tell two different stories. Some traders like the fast trades and low costs, while others worry about whether they can trust the broker. The company follows rules from Saint Vincent and the Grenadines, which is legal but offers less protection than major financial centers.

  Our study shows that Coinexx offers good trading conditions but has trust problems that make traders need to be very careful before putting money in.

  

Important Notice

  This review of Coinexx uses public information, user stories, and rule data from 2025. Since Coinexx works in Saint Vincent and the Grenadines, different countries may have different rules about using this broker. Traders should check if the broker is legal in their country before opening an account.

  This coinexx review tries to give fair information to help people make smart choices. Trading forex and CFDs can lose you money, and past results don't promise future success. We suggest doing careful research and thinking about your risk level before using any broker.

  

Rating Framework

Evaluation Criteria Score Rating Basis
Account Conditions 8/10 Excellent minimum deposit of $7 and accessible account opening process
Tools and Resources 7/10 Over 80 trading instruments available across multiple asset classes
Customer Service 6/10 Mixed user feedback regarding response times and service quality
Trading Experience 7/10 Fast execution speeds reported, though some technical details unclear
Trust and Reliability 5/10 Moderate trust score with polarized user opinions and regulatory concerns
User Experience 6/10 Average satisfaction levels with both positive and negative feedback

  

Broker Overview

  Coinexx started trading forex and CFDs in 2017. The company works as a cryptocurrency-friendly broker in Saint Vincent and the Grenadines. It uses the Market Maker business model, which means it takes the other side of client trades.

  This location choice lets the broker offer flexible trading rules while following less strict requirements than major financial centers. Coinexx focuses on technology and claims to offer "STP/ECN lightning-fast executions" with crypto-based systems. The company targets traders who want privacy and flexibility, especially those interested in cryptocurrency trading.

  The broker's Caribbean location lets it serve customers worldwide while keeping operational flexibility. Coinexx supports both MetaTrader 4 and MetaTrader 5 platforms, giving traders familiar and strong trading environments. The broker covers forex pairs, cryptocurrency CFDs, indices, and other financial tools, with more than 80 trading options total.

  The crypto-focused approach makes it different from regular forex brokers by offering deposit and withdrawal options in various cryptocurrencies plus normal payment methods. The Financial Services Authority (FSA) of Saint Vincent and the Grenadines watches over Coinexx operations. This gives legal regulatory status, but traders should know this jurisdiction offers different protection levels than top regulatory bodies like the FCA, CySEC, or ASIC.

  This regulatory setup lets Coinexx offer competitive trading conditions while following financial regulations.

  

Detailed Information

  Regulatory Jurisdiction: Coinexx follows rules from the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. This offshore regulatory system provides basic oversight while letting the broker offer flexible trading conditions to international clients.

  Deposit and Withdrawal Methods: The broker focuses on cryptocurrency transactions, supporting deposits and withdrawals in various digital currencies. Available sources didn't give specific information about traditional payment methods and processing times.

  Minimum Deposit Requirements: Coinexx needs only $7 minimum deposit, making it one of the most accessible brokers for new traders with limited money.

  Bonus and Promotional Offers: Available documents didn't mention specific information about bonus programs or promotional campaigns, suggesting either no such offers or limited public disclosure.

  Tradeable Assets: The platform gives access to over 80 trading instruments covering forex currency pairs, cryptocurrency CFDs, stock indices, and other financial derivatives, offering reasonable variety.

  Cost Structure: One of Coinexx's main advantages is its pricing model, featuring spreads as low as 0.0 pips and very low commission fees. This cost-effective structure especially helps high-frequency traders and scalping strategies.

  Leverage Ratios: Available sources didn't detail specific leverage information, which is a significant information gap for potential traders checking risk management parameters.

  Platform Options: Traders can access markets through both MetaTrader 4 and MetaTrader 5 platforms, providing complete charting tools, automated trading abilities, and familiar interfaces for experienced traders.

  Geographic Restrictions: Reviewed sources didn't have detailed information about country-specific restrictions, though offshore brokers typically face limitations in certain areas.

  Customer Support Languages: Available documentation didn't mention specific language support information, possibly showing limited multilingual customer service options.

  This coinexx review shows a broker with competitive pricing and accessible entry requirements, though several important operational details remain unclear from public sources.

  

Detailed Rating Analysis

  

Account Conditions Analysis (8/10)

  Coinexx shows excellent accessibility in its account conditions, mainly through its very low minimum deposit requirement of just $7. This entry level puts the broker among the most accessible options for new traders and those with limited starting money. User feedback says the account opening process is straightforward and can be completed fairly quickly, which makes the overall user experience better.

  The broker's account structure seems designed to help traders at different experience levels, from beginners testing with minimal investment to bigger traders seeking competitive conditions. User stories suggest that the account verification process is generally efficient, though available sources didn't detail specific timeframes.

  However, this coinexx review notes that detailed information about different account types, their specific features, and any benefits remains limited in public documentation. The lack of complete account tier information is a potential area for better transparency. Despite this limitation, the combination of low entry barriers and user-friendly processes earns Coinexx a strong rating in this category.

  The competitive minimum deposit requirement especially stands out when compared to industry standards, where many brokers require $100 to $500 for initial deposits.

  

Tools and Resources Analysis (7/10)

  Coinexx offers a solid foundation of trading tools through its selection of over 80 trading instruments across multiple asset classes. The broker's instrument coverage includes major and minor forex pairs, cryptocurrency CFDs, stock indices, and various other financial derivatives, giving traders reasonable variety within a single platform.

  Having both MetaTrader 4 and MetaTrader 5 platforms is a significant strength, as these industry-standard platforms provide complete charting abilities, technical analysis tools, and automated trading features. Users familiar with these platforms can immediately use their existing knowledge and strategies.

  However, available sources didn't detail additional research resources, market analysis tools, or educational materials that might improve the trading experience. The absence of information about fundamental analysis resources, economic calendars, or trading education programs is a notable gap in the broker's tool offering. Many successful traders rely on complete market analysis and educational resources to make informed decisions.

  User feedback suggests satisfaction with the basic trading tools provided, but the overall evaluation is limited by the apparent lack of advanced research abilities and educational support.

  

Customer Service and Support Analysis (6/10)

  Customer service is a mixed aspect of the Coinexx offering, with user feedback showing inconsistent experiences across different support interactions. Some traders report satisfactory help when needed, while others express frustration with response times and service quality variations.

  Available documentation doesn't specify the customer support channels offered by Coinexx, such as live chat, email support, or telephone assistance. This lack of transparency about support accessibility creates uncertainty for potential clients who value reliable customer service. The absence of clear information about support hours, response time commitments, or escalation procedures further adds to these concerns.

  User reviews show that while some traders have received helpful assistance, others have encountered delays or unsatisfactory responses to their questions. This inconsistency in service quality suggests potential staffing or training issues within the support department. The variation in user experiences prevents a higher rating in this crucial category.

  Additionally, the lack of detailed information about multilingual support abilities may limit accessibility for non-English speaking traders.

  

Trading Experience Analysis (7/10)

  The trading experience with Coinexx receives generally positive feedback from users, particularly about execution speeds and order processing. Multiple user stories highlight fast execution as a notable strength, which is crucial for traders using time-sensitive strategies such as scalping or day trading.

  The broker's claimed "STP/ECN lightning-fast executions" appear to translate into practical benefits for active traders, with users reporting minimal delays in order processing. Having both MT4 and MT5 platforms ensures that traders can access familiar interfaces and use their preferred trading tools and expert advisors.

  However, this coinexx review identifies several gaps in available information that impact the complete evaluation of trading experience. Available sources didn't provide specific data about slippage rates, requote frequency, and average execution times. These technical performance metrics are crucial for traders evaluating platform reliability.

  The broker's spread structure, featuring rates as low as 0.0 pips, combined with low commission fees, creates favorable cost conditions for frequent trading.

  

Trust and Reliability Analysis (5/10)

  Trust and reliability represent the most challenging aspects of the Coinexx evaluation, with user feedback showing significant polarization in opinions about the broker's credibility. While some traders report satisfactory experiences, others have raised serious concerns about the company's practices and reliability.

  The regulatory status under Saint Vincent and the Grenadines' Financial Services Authority provides basic legitimacy but offers limited protection compared to major regulatory jurisdictions. This offshore regulatory framework, while legal, may not provide the same level of investor protection and dispute resolution mechanisms available through tier-one regulators like the FCA or CySEC.

  Particularly concerning are user reports describing negative experiences, with some reviewers making serious allegations about the broker's practices. According to available feedback, certain users have questioned the company's integrity, with one review specifically referring to Coinexx as problematic. These negative testimonials, while not universal, create significant concerns about operational reliability.

  The absence of detailed information about fund segregation practices, insurance coverage, or other investor protection measures further impacts the trust evaluation.

  

User Experience Analysis (6/10)

  Overall user experience with Coinexx presents a mixed picture, with satisfaction levels varying significantly among different traders. The broker appears to serve certain user segments effectively while falling short of expectations for others, resulting in polarized feedback across review platforms.

  Positive aspects of the user experience include the accessible minimum deposit requirement, which allows new traders to begin with minimal financial commitment. The fast execution speeds reported by users contribute to a generally smooth trading environment for those focused on active trading strategies. The cryptocurrency integration also appeals to traders seeking modern, flexible payment options.

  However, user feedback reveals several areas where experience falls short of expectations. Available sources didn't detail interface design and platform usability information, making it difficult to assess the overall user-friendliness of the trading environment. The lack of complete educational resources may particularly impact new traders who rely on broker-provided learning materials.

  User testimonials suggest that while some traders find the platform suitable for their needs, others have encountered significant issues that impacted their overall satisfaction.

  

Conclusion

  This comprehensive coinexx review reveals a broker operating in the complex middle ground of the forex industry, where competitive trading conditions coexist with significant trust and reliability concerns. Coinexx offers genuine advantages including exceptionally low minimum deposits, competitive spreads starting at 0.0 pips, and fast execution speeds that appeal to cost-conscious and active traders.

  The broker's accessibility through its $7 minimum deposit and support for over 80 trading instruments makes it technically suitable for both newcomers and experienced traders seeking competitive conditions. However, the mixed user feedback, offshore regulatory status, and limited transparency in several operational areas create substantial concerns that potential users must carefully consider.

  Traders considering Coinexx should weigh the attractive cost structure against the documented trust issues and regulatory limitations. The platform may serve specific trading needs effectively, but users should exercise heightened caution, start with minimal deposits, and maintain realistic expectations about support and protection levels compared to more established, heavily regulated alternatives.

Coinexx review