top of page
MT4

The screenshot of the MetaTrader 4 (MT4) platform features a dynamic user interface, equipped with multiple essential components for trading. The "Market Watch" window displays a list of the most traded currency pairs, showcasing market liquidity with real-time bid and ask prices. Concurrently, the EUR/USD candlestick chart offers a crisp visualization of market fluctuations over a one-hour period, accentuating bullish trends with green candles.

PROS

This platform offers a simple and straightforward registration process, allowing users to quickly create an account and start trading without unnecessary complications.

Simple Registration Process

This platform supports funding with cryptocurrencies, allowing users to deposit and withdraw funds using various cryptocurrencies as a payment method.

Crypto Funding

CONS

This trading platform offers limited trading options, restricting traders' access to a diverse range of financial instruments. With a limited selection of stocks, ETFs, or other assets, traders may have fewer opportunities to diversify their portfolios or capitalize on specific market trends, potentially limiting their potential for profits.

Limited Trading Options

This platform is not regulated by any credible government agency, which means it may not operate in compliance with industry standards and regulations. The lack of regulation poses potential risks and uncertainties for traders, as there are no specific rules and guidelines in place to protect their interests.

Unregulated

This trading platform offers limited customer support, leading to delays in resolving issues or inadequate assistance for traders. With subpar customer support, traders may face challenges in getting timely responses to their inquiries, resolving technical difficulties, or receiving necessary guidance.

Poor Customer Support

PROS & CONS

APPS

METATRADER 4

Widely-used platform for forex trading. Known for its Expert Advisors (EAs) and customizability.

METATRADER 5

Successor to MT4 with more timeframes and order types. Supports more markets beyond forex.

ACCOUNT OPENING

How to Open a Trading Account with Coinexx


Opening a trading account is a process that involves several key steps to ensure both your trading needs and the broker's regulatory requirements are met. Below, we describe the process in detailed steps:


  1. Visit the Broker's Website: Access the official website (found in the index of this review). Look for the option to open a new trading account, which is usually clearly indicated on the main page.

  2. Complete the Registration Form: Provide your personal details, such as name, address, email, and phone number. Depending on the broker's need to know you better as a client, additional information about your trading experience, employment, and financial situation may be requested.
    Identity Verification: Upload documents to verify your identity and residence. This generally includes a photo ID (passport or identification document) and a proof of address (utility bill or bank statement).

  3. Set Up Your Trading Account: Configure aspects of your account, such as currency type, leverage, and, in some cases, trading preferences.

  4. Deposit Funds: Make an initial deposit using one of the payment methods accepted by the broker (We detail the alternatives later).

  5. Access the Trading Platform: Download and install the trading platform. Log in with your account details.
    Practice with a Demo Account (Optional): Practicing trading with virtual funds before risking real money means you won't be surprised when using real money.
    Start Trading: Once your account is set up and funded, you can start trading.



How to Deposit


Once you have decided how much to deposit and which method to use, making the deposit is simple and quick. Just follow these steps:


  1. Log in to your newly created account.

  2. Click on "Deposit Funds".

  3. Enter the amount and select the currency.

  4. Finally, select your chosen deposit method. Don't worry, it's a  secure and private process. Transactions are communicated using Secure Socket Layer (SSL) technology.


Below we show you the available alternatives.

Bank Transfer
Credit Card
Cryptocurrencies
Wise

Deposit & Withdrawal Methods

Year

2017

HeadQuarters

St. Vincent and the Grenadines

Service

CRYPTO

Website

BASIC INFO

Coinexx is an online brokerage platform offering Forex and CFD trading with a strong emphasis on cryptocurrencies. The platform is known for providing high leverage, low spreads, and access to a variety of financial instruments. Coinexx focuses on technology-driven trading, offering an intuitive interface and seamless account management, catering to traders looking for a modern and efficient trading experience.

REGULATION

ASSETS & SERVICES

Coinexx offers a focused selection of 80 trading instruments, encompassing sought-after asset categories like Forex, commodities, indices, and cryptocurrencies. Despite this range, the platform does not feature some key asset classes, including individual stocks, options, bonds, and ETFs. This approach enables Coinexx to specialize in specific areas of the financial market, though it limits the diversity of investment options compared to brokers with a broader spectrum of financial instruments.

COINEXX: TRADING CONDITIONS AND CRYPTO ASSETS EXPLAINED

Have you come across this financial app and wonder what it is all about? In this review, we will walk you through the key points to consider when evaluating its features and benefits.

4.12.23

Last Update:

  • X
  • LinkedIn
bottom of page