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Regarding the legitimacy of COINEXX forex brokers, it provides a comprehensive investigation into the security aspects of regulatory and WikiBit, as well as whether there are any negative scam reviews.

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Is COINEXX a scam, or is it legit?

The latest exposure and evaluation content of COINEXX brokers.

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.
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.
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.
Refusal to withdraw principal and profits, falsification of transaction records, unreasonable swap requests.
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.
COINEXX's latest industry rating score is 2.29, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. COINEXX If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.