Overall Rating: ★★☆☆☆ (2.7/5.0)

Coinexx is a crypto-based offshore forex and CFD broker that offers MetaTrader 4, MetaTrader 5, and access to a wide range of instruments — all funded and traded using cryptocurrencies. Established in 2018, Coinexx provides leverage up to 1:500, tight raw spreads, and a commission-based ECN model. While it attracts traders looking for anonymous, crypto-denominated accounts, Coinexx is unregulated, raising significant concerns over client fund safety and operational transparency. This Coinexx review explores its trading conditions, strengths, and risks.

Key Features

Coinexx offers a feature-rich experience designed for traders comfortable with crypto and offshore brokerage structures.

• Platforms Supported:
  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)
• Asset Classes Available:
  • Forex, commodities, indices, shares, and cryptocurrency CFDs
• Crypto-Only Accounts:
  • Funded via BTC, ETH, LTC, USDT, and more
  • No fiat support — all balances and trading are crypto-denominated
• Leverage:
  • Up to 1:500 for forex
  • 1:100 for crypto CFDs
• Execution:
  • ECN/STP model with fast order execution

Regulation and Security

Coinexx is not regulated by any government authority, which introduces high counterparty risk.

• No licensing or oversight by FCA, ASIC, CySEC, or any other tier-1 body
• Operates under offshore jurisdiction, without verifiable registration
• No client fund segregation guaranteed
• No investor compensation scheme or audit transparency
• Anonymous account creation without KYC

Pricing and Costs

Coinexx is praised for its tight spreads and transparent commission model.

• Spreads:
  • Raw spreads from 0.0 pips on major forex pairs
  • Typical spreads average 0.2–0.4 pips (EUR/USD)
• Commissions:
  • $2 per lot per side (total $4 round-turn)
• Minimum Deposit:
  • Equivalent of $5 in crypto
• Deposit/Withdrawal Fees:
  • No internal fees; only blockchain network fees apply
• Inactivity Fees:
  • Not charged

Educational Resources and Customer Support

Coinexx provides minimal educational material and basic client support.

• Education:
  • Lacks webinars, structured tutorials, or trading guides
• Market Analysis:
  • No proprietary insights or research tools
• Customer Support:
  • 24/5 live chat and email support
  • No phone support or account managers

Risk Management Tools

Risk controls are entirely dependent on MT4/MT5 features.

• Standard tools: Stop-loss, take-profit, margin calls, and trailing stops
• No guaranteed stop-losses or account-level risk overlays
• High leverage increases exposure to volatility
• No risk warnings or suitability assessments due to anonymous sign-up

Pros and Cons

Pros

• MT4 and MT5 access with ECN pricing
• Crypto-only deposits and withdrawals
• High leverage up to 1:500
• Tight raw spreads and low commissions
• Anonymous account creation

Cons

• Unregulated broker with no fund protection
• No fiat currency support
• No compensation scheme or financial transparency
• Limited education and analytics
• No regulatory recourse in case of disputes

Conclusion: Is Coinexx the Right Choice?

Coinexx is suitable only for high-risk-tolerant traders who value anonymity, crypto funding, and raw ECN pricing, but can accept the risks of trading with an unregulated offshore broker. While the trading conditions are attractive — especially for scalpers and algo traders — the absence of oversight and lack of transparency mean your capital is entirely unprotected.

For those seeking long-term reliability and regulated protection, brokers like Pepperstone, Eightcap, or Vantage offer similar spreads with much higher trust.