Broker Details
Minimum Trade Size: | 0.01 |
---|
Maximum Leverage: | 500:1 |
---|
Minimum to Open Live: | $5 |
---|
Established: | 2017 |
Address: | Caravelle House, Manglier Street, Victoria, Mahé, Seychelles |
Contact: | support@coinexx.com |
Regional offices: | |
Regulators: | |
Prohibited countries: | Unknown |
Trading platforms: | MT4, MT5 |
Web Trading: | Yes |
Mobile Trading: | Yes |
ECN: | Yes |
Currencies: | (60+) |
Cryptocurrencies: | (5+) Bitcoin, Litecoin, Ethereum |
CFD: | (10+) Gold, Silver, Stock Indexes, Oil, Other Commodities |
EAs/Robots: | Yes |
News Spike Trading: | Yes |
Scalping: | Yes |
MAM: | Yes |
PAMM: | Yes |
Deposit Methods: | Bank Wire, Bitcoin, Bitcoin Cash, Ether/Ethereum, Litecoin, Other Crypto Currencies |
Withdrawal Methods: | Bank Wire, Bitcoin, Bitcoin Cash, Dash, Ether/Ethereum, Litecoin, Other Crypto Currencies |
Video
Your company video here? Contact ad sales
Traders Reviews
Came to somewhat fair resolution
Service use: Live
Length of use: over 1 Year
Nov 13, 2019 - 1 Star I signed up for a trading account with finpro/coinexx and was happy with the spreads and commission at 2$ a lot. however once i started making money they switched it to 10$ a lot without my knowledge and continued to charge me the 10$ rate for 2 years effectively stealing over 8k from me. do not deal with these people they are unethical and thieves. look for a more reputable broker. I have the documents showing they overcharged me yet they don't answer emails and when they do they give the run around. THIEVES
This broker would use every opportunity to steal your money, Scam!!!
Service use: Live
Length of use: 6-12 Months
On top of that your order would be open at non-existing market price adding additional 2-3 pips to you loss. So your total loss would be 5-7 pips right away as a result of price manipulation.
Contacted customer support asking for explanation, it took them 5 days to respond with some ridiculous excuse that doesn't make sense at all.
Fresh example - sell order with fixed take profit, market opens 15 pips lower than your take profit price and instead of to close your order at current market price as all honest Forex brokers would do they close your order at take profit, stealing 15 pips of profit from you!!! Scammers and thiefs !!! Be very careful with them or stay away !!!!

We have not been able to find any client by your name in our database or anyone with whom we had a discussion around the issue raised by you.
Having said that, client satisfaction is our highest priority. Hence, we would love to check and address your concern. We would highly appreciate if you could directly tell us about the issue faced by you along with your Coinexx registered email address or trading account number so that we can immediately look into it.
Kindly drop us a note at contactus@coinexx.com or just reach out over our 24-hour chat support.
We strive to provide excellent trading conditions along with excellent client support and it is our endeavor to keep a proactive (and not reactive) approach towards clients’ concerns.
In case there was any lapse in our service, we would really like to know so that we can rectify it.
Really look forward to hearing back from you!
Team Coinexx
SUSPICION UPDATE !!SCAM Do NOT trust your money with this broker. STOLEN 10
Service use: Live
Length of use: 6-12 Months
Nov 17, 2020 - 2 Stars I have been with coinexx for several months band had no issue with them , BUT the second i make decent profits on my account , THE NEXT morning all my accounts are disabled and I can’t do ANY account operations for 1-3 days , I have been trying to contact customer support but No clear indication as to why what’s going on is going on. IF everything goes well i will update with a good review and or delete this review

We would like to clarify that the information you have provided here is entirely disproportionate to the facts. The issue was exactly the same as explained in our comments below for Dan.
The issue was discussed and the solution was amicably agreed with you over the call with one of our senior team members.
The trades that you (and the other trader who has posted here by the name Dan) were able to place due to a technical issue were bogus, as they incorrectly got placed at prices that did not even nearly exist in the market at the time. Seeking this technical issue as an opportunity to exploit, you (and another trader Dan who’s posted below) immediately placed several trades in large volumes (over 145 trades) and made significant profits instantly. This led to those trades be rejected by our LPs and the prices were corrected to reflect the actual market prices at the time (as per charts). This issue was an extremely rare event and since it involved a technical fault on Coinexx’s side, we protected you from the losses you ended-up incurring due to correction of the affected trades.
You acknowledged the issue and were satisfied with the solution provided.
We would like to clarify that we have a long firm history and a very long list of traders who have successfully grown their trading accounts from 3 digits to 6 digits and made large withdrawals. This was an extremely rare issue we faced which you tried to take advantage of by getting several large volume fills at prices which did not even nearly exist. While the issue was immediately fixed, you were compensated way beyond the actual performance of your trades even though these trades were actually done with a malicious intent.
We have respected and cherished the business relationship we have with you from 6 months. During this period, you have earned and withdrawn tremendous amounts of profits while trading at Coinexx.
As always, please feel free to reach out to us should you need to discuss anything further. We are available on Live Chat 24*5.
Regards
Coinexx Team
Accounts deactivated, poor service, withdrawal system is garbage
Service use: Live
Length of use: over 1 Year

We would like to clarify that the information you have provided here is entirely disproportionate to the facts. The issue was explained and the solution was amicably agreed with you over the call with one of our senior team members.
The trades that you (and the other trader who has posted here by the name Nik) were able to place due to a technical issue were bogus, as they incorrectly got placed at prices that did not even nearly exist in the market at the time. Seeking this technical issue as an opportunity to exploit, you (and another trader Nik who’s posted below) immediately placed several trades in large volumes (over 100 trades) and made significant profits instantly. This led to those trades be rejected by our LPs and the prices were corrected to reflect the actual market prices at the time (as per charts). This issue was an extremely rare event and since it involved a technical fault on Coinexx’s side, we protected you from the losses you ended-up incurring due to correction of the affected trades, and we also gave you an extra compensation as a gesture of goodwill.
You acknowledged the issue, were satisfied with the solution and you even decided to continue trading with Coinexx, while withdrawing half of your balance and your withdrawal was also processed instantly.
We would like to clarify that we have a long firm history and a very long list of traders who have successfully grown their trading accounts from 3 digits to 6 digits and made large withdrawals. This was an extremely rare issue we faced which you tried to take advantage of by getting several large volume fills at prices which did not even nearly exist. While the issue was immediately fixed, you were compensated way beyond the actual performance of your trades even though these trades were actually done with a malicious intent.
We have respected and cherished the long-standing business relationship we have with you from more than one year. During this period, you have earned and withdrawn tremendous amounts of profits up to times your deposits while trading at Coinexx.
We thank you very much for your continued business with us. As you are still trading with us, we would like this relationship to mature and grow further.
As always, please feel free to reach out to us should you need to discuss anything further. We are available on Live Chat 24*5.
Regards
Coinexx Team
Excellent Broker Service
Service use: Live
Length of use: 6-12 Months
I have been using Coinexx since January, and I am a quite satisfied client with them.
I started with a small account at Coinexx, was able to increase it 5 times, within 2 months and I have made several deposits and withdrawals with them. I can safely say that they let you grow and withdraw substantial profits without any fuss. This is the key for me, as I have had (and have also heard of others having) bitter experiences at various other brokers - who dont let you make profits and if you get lucky, they dont let you withdraw them easily.
We are a group of traders who follow each other and I always compare my execution versus my fellows, especially with those who trade at other brokers.
In a nutshell - Trades go seamlessly, slippage is minimal even on higher lot sizes, and withdrawals are very smooth.
I would say that they are the best broker service, and while they are unregulated, they are way better than the regulated brokers.
Coinexx - good experience so far....
Service use: Live
Length of use: 3-6 Months
First of all they are very quick and responsive in resolving issues which I appreciate the most about them. I have a dedicated Account Manager who is super helpful and just a phone call away.
I will give you an instance, so I had some issue with a trade and it didn’t seem right. I called my Account Manager and they understood what I was saying. They gave me a REIMBURSEMENT of $200. Isnt that unbelievable? In my 15 years of trading experience, no broker has given me a reimbursement ever.
Withdrawals was the major issue which I faced with my previous broker as they used to take around 2 weeks or maybe more to process my withdrawals when they were more than $7000. But these guys process withdrawals in 24 hours usually and I coudnt have asked for a better offshore broker. Highly recommended. You will not regret using them.
BIG SCAM
Service use: Live
Length of use: 3-6 Months
request for a withdrawal, they said the accounts department is reviewing it (never heard of such before) that same day all my trade was closed even though I hedge everyone of my open trade.
Join them at your own peril. massive scam and idiots they are.

We searched through our records but could not find any client by your name or anyone to whom we have told the things even close to what has been mentioned by you.
We would appreciate if you could directly tell us about the issue faced by you and your Coinexx registered email address or trading account number so we can validate and immediately address it. Please drop us note at contactus@coinexx.com or just reach out over our 24 hour chat support.
We take pride in providing excellent trading conditions and we always endeavour to keep a proactive (and not reactive) approach towards client service.
In case there was any lapse in our service, we would really like to know so that we can address it.
Really look forward to hearing back from you!
Team Coinexx
(Update: 15th Oct 2020) Dear Criyo
We have not heard back from you since the past 1 week. We do not have any client by your name or any records of such conversations being held with any of our clients. Therefore, we believe what you have stated is not a genuine client experience and it is just an attempt to malign our reputation. We strongly condemn such mala fide attempts of spreading false information with the sole purpose to tarnish our brand image.
Regards
Coinexx Team
Great all around service
Service use: Live
I have been trading for 25 years and 3 years in the forex. I have used several brokers until I found coinexx. My experience with coinnexx has been an A+. They have the best best customer service. Not only in trading but in all services. They have the lowest spreads and the lowest commissions I have seen on the forex market. They also give you a variety of ways to make withdrawals. My hope is that they never change and I will be a long customer of coinexx.
You guys rock and deserve good reviews
Service use: Live
Length of use: over 1 Year
I have been trading for almost 3 years now, and I was satisfied with my first broker for almost 1 year, hence didn't feel the need to look for another broker. I thought that this is how it is, the services, platform.
But slowly when I started to make profits, that is when I started facing issues. My withdrawals were getting rejected, there was no-one to help me with my issues. Noone would reply on chat, my mails were not being answered. That is when I decided to experiment with different brokers. My first criterion was to look only and only for a regulated broker since I was too fed up with the rejection of my withdrawals. While doing my research, I was referred to Coinexx by a colleague of mine. Initially, I was not inclined towards an offshore broker, but he convinced me to at least give them a try. I tried Coinexx along with other brokers while putting minimum deposit possible. One thing that actually won my heart from the very start is their exceptional Customer Service. I got a dedicated Account Manager and the chat representatives were fast and knowledgeable.
It has been almost 2 years now since I am a client of Coinexx. I like the offers they keep coming out with. I will not say that I am particularly happy with their withdrawal processing time which is very slow, around 24 hours.
Some other issues with Coinexx:
1. Once I changed my phone and it took them 4 days to remove 2FA from my account.
2. Their website bugs me a bit since it is slow at times.
My withdrawals have been rejected twice in the last 2 years but they gave genuine reason for the same and I raised the requests again and they were processed within 24 hours. But at the end of the day, what matters is that you are getting your hard-earned money back which is where Coinexx won my trust.
I wish they would allow crypto trading on weekends. Rest I am one happy Coinexx customer and in no need to change my broker.
Frequently Asked Questions
Is Coinexx regulated?
Coinexx is not regulated by any government or non-government agency.
In other words, there is no designated government or non-government body to supervise the activities of Coinexx or to resolve complaints. .
Is Coinexx a good broker?
Unbiased traders reviews on ForexPeaceArmy is the best way to answer if Coinexx is a good broker. https://www.forexpeacearmy.com/forex-reviews/14988/coinexx-forex-brokers.
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.
Additionally, we'd recommend to check recent Coinexx community discussions: https://www.forexpeacearmy.com/community/tags/coinexx/
How do I withdraw money from Coinexx?
To withdraw funds from your trading account select “Request Withdrawal” button on client portal.
Withdrawals are processed within 48 hours of receiving the request.
Where is Coinexx located?
Coinexx is located in Caravelle House, Manglier Street, Victoria, Mahé, Seychelles.
Service use: Live
Length of use: over 1 Year
know about Coinexx only a year back. I had been trading for almost 6 years but only as a part-time trader. Because of the pandemic, I lost my job and that is when I thought of giving my full time to Forex Trading. It was not an easy
thought but I took the risk. Now I needed to find a broker that provides higher leverage like 500X but at the same time, not be risky. I scrolled the internet and gathered whatever information I could to start going ahead. I learned about Coinexx from a family friend, who has been trading with them for the past 2 years. Since I trusted my friend’s judgment, I gave Coinexx a try. And now, after almost 1 year of trading with them, I can say that I am glad that I took that shot.
I will not say that they are exceptional but whatever they do, they do that well. Not even once in 1 year have I faced freezing on their platform. They have processed my withdrawals in a maximum of 24 hours. Not once I had to call my Account Manager to ask about the status of my withdrawal. I am pleased with their deposit timings too but they can improve on their deposit methods. Currently, they only accept deposits through Cryptos and Bank Wire, which gets inconvenient for me at times. I find Bank wire too slow, hence left with an option of depositing through cryptos. They should seriously consider accepting debit/credit cards or at least VLoad, so that deposits can be made more convenient and easy. I am extremely happy with their platform too. I have not faced any lags on their platform, and execution happens instantly. Recently I started Crypto trading too and they have amazing spreads on that. The only problem that I faced was that I am used to trading on the MT4 platform while they have cryptos on their MT5 platform. I am hoping they will read this review of mine and do something about this since a lot of traders like me only use MT4 and they would not want to move to MT5 just to trade cryptos. I love Coinexx’s customer support. My Relationship Manager is quite friendly and keeps me posted about all the recent offers that come around. Their spreads, the commission structure is quite client-friendly, which is great. Overall I am super happy with my broker and do not plan to change it anytime soon.
This review is my way of giving back to the community. If my friend had not introduced me to Coinexx, I wouldn’t have started to trade with them. And if I can help even a single trader with this review, then my job is done.