Coinexx
Top Rated Alternatives
See all AlternativesWhat do you like best about Coinexx?
Reliable, tight spreads, and great support.
What would you improve about Coinexx?
I do not have any issues or anything I can think of at this point in time.
Overall
I have been a user for the past 2 years and I have never had issues.
What do you like best about Coinexx?
Great spreads ! tight and great entries and dont forgetttt cheap commission!!!
What would you improve about Coinexx?
Make CRYPTO trading 24/7 and higher leverage please!!!
Overall
Coinexx is great !! good liquidity, fast fills and exits!
What do you like best about Coinexx?
The fastest withdrawls and highly favorable spread.
What would you improve about Coinexx?
I would improve their user platform to be more modernized and be able to have a wallet.
Overall
My top broker for 7 years now. The customer service is all about solving your issues in a timely manner. If service stay the same, they have a forever client in me.
What do you like best about Coinexx?
First withdraws and support response mt5 availability.
What would you improve about Coinexx?
Reduce the wind spread on XAU
Overall
Amazing honestly
What do you like best about Coinexx?
How quickly I can deposit & withdraw money to and from my brokerage account. I also like how seriously they take verification and security.
What would you improve about Coinexx?
I get terrible fills on many of my orders, even during periods of high liqudity like during the London/NY overlap. This is even when my orders are small (1 - 5 lots)
Overall
it's been a very positive experience so far.
What do you like best about Coinexx?
I like Coinexx for its fast execution, tight spreads, and flexible leverage. Crypto funding is quick, withdrawals are reliable, and MT4/MT5 performance is stable. Support responds promptly, making trading smooth for active traders worldwide with transparent pricing and strong uptime.
What would you improve about Coinexx?
One area to improve at Coinexx would be adding more educational resources and clearer onboarding for new users, plus expanded payment options. These enhancements would make the platform even more accessible while maintaining its strong trading performance.
Overall
My overall experience with Coinexx has been very positive. Execution is fast, spreads remain competitive, and funding via crypto is efficient. The platform is stable, withdrawals are processed reliably, and support has been responsive whenever assistance was needed globally consistently.
What do you like best about Coinexx?
Trustworthy Trustworthy broker if you want a broker that is trustworthy cares about your trading and has fast support this is the broker for you then!
What would you improve about Coinexx?
Website look. Trustworthy broker if you want a broker that is trustworthy cares about your trading and has fast support this is the broker for you then!
Overall
Trustworthy broker if you want a broker that is trustworthy cares about your trading and has fast support this is the broker for you then!
What do you like best about Coinexx?
Their platform is good, clear and operates efficiently.
What would you improve about Coinexx?
The ability to perform bank transfers in addition to their crypto friendly operation.
Overall
I had used Coinexx for a number of years but recently they seem to have changed the landscape for HFT's such as myself. I have now moved away from them because of this. I had a good relationship with them and was always treated fairly from customer support. I would still recommend trying them but not if you're doing anything high frequency.
What do you like best about Coinexx?
Overall good. Good security and server. Good customer experience
What would you improve about Coinexx?
Features can be better. Payments options are limited. Some more portal features can be added
Overall
Ok broker. Site is good. Only payment is via crypto
Overall
[Regarding Coinexx's Malicious Denial of Withdrawal
Due to improper falsification of transaction records and improper swap collection, a profit cancellation withdrawal (US$35,450) was denied.
The breakdown is as follows
・119,498USD profit reduction due to improper falsification of records
・13,883USD Improper swap collection
∙ 2,069USD Insufficient funds received
A withdrawal of 102,374USD was requested on December 8.
It was supposed to be processed within 48 hours, but was not.
Subsequently, due to falsified transaction records and improper swap recovery, the benefit was cancelled without notice.
The remaining amount (USD 69,011) was explained to have been paid on 12/22, but only USD 66,942 was received.
The withdrawal was made in USDT (ERC20) and Etherscan confirmed that the shortfall occurred after the withdrawal.
Below is the explanation and the conflicting responses from email and support.
[1. Falsification of transaction records
Adverse execution records were falsified and profits cancelled.
I received an email stating that there was an unauthorized transaction, which of course I do not remember.
Further, when I contacted support they stated they do not interfere with customer transactions. There is a discrepancy.
[2. Unreasonable swap collection
There is a record of -138831USD listed as Swap Adj.
The swap was deducted from the position, but the profit was cancelled due to unreasonable additional collections.
Additionally, support confirmed that the correct swap short for USDJPY is -3.9. Only if the trade was initiated overnight would we charge a transaction fee and a swap fee.
Again, there is a discrepancy here. Note that after the improper collection, the swap point was changed to -35.19. This is odd because -3.9 should be correct.
When I contact the support chat they explain they will respond within 12-24 hours.
However, no response by the deadline and if you contact them again, the response is just being processed. I assume they are busy processing fraud.
The answer that finally comes is "trading activity is verified by LPs because there appears to be abuse of the trading platform.
Of course, this is a transaction I do not recall.
As you know, LPs are price and liquidity providers and there is no way for an LP to individually scrutinize trading records. This is a malicious lie and an unfair description that confuses users with jargon.
I inquired about abusive transactions and it is explained that they are within 12-24 hours. Of course, they don't keep their promises. There is dishonesty in the response.
Here is the final response we received
You were attempting to unfairly take advantage of both the swap and the missing price feed on our platform, which is unacceptable. Therefore, the transactions you made were completely unfair and dishonest.
As a result, the necessary changes were made to your account in connection with the swap. As a result, your request for withdrawal was denied on our part.
As a broker, we recommend that you refrain from unethical trading practices in the future. In this case, your account will be terminated.
[Withdrawal Refused]
There are no restrictions on trading strategies.
We will not interfere with your trades."
[The correct swap short for USDJPY is -3.9. We only charge a transaction fee and a swap fee if the trade is initiated overnight.
There is a discrepancy in all of this.
Furthermore, even though the swap is falsified in relation to the swap, the execution price is also improperly falsified. They can do whatever they want.
It was then explained that the remaining amount (US$69,011) was withdrawn on December 22. However, the amount received was USD 66,942.
We confirmed that the withdrawal was made in USDT (ERC20) and that the shortfall occurred after the withdrawal as shown in Etherscan.
We pursued this issue via email but did not receive a response.Please note that withdrawals of $28450, $23924.72, and $16637.28 were processed successfully.
The sum of these three withdrawals is the money you actually owned.
What was successfully processed? That is not actual money, it is money that was improperly reduced.
What I am asking for is a proper withdrawal.
【 Addendum to Fraudulent Activities 】
I received an email from coinxx.
The $33,000 balance is merely a swap adjustment due to unethical trading practices.
If there was a swap adjustment, it should only be a -$13,883 adjustment.
There is no need to tamper with the position to make it unfavorable.
On the other hand, the basis for the $33,000 calculation is questionable, but it is already clear that it is an unusual swap point.
Since this is an unplanned withdrawal denial, there is no uniformity in the reasons and the inconsistencies are glaring.
The email contained the following text
'As mentioned several times, we have successfully processed your three most recent withdrawal requests for $28450, $23924.72, and $16637.28.
I suggest you check the money received at wallet address 0x1d71aab877925e8cfe19f67e5a6d324ed6a32c3d.
The only transfer that can be verified from Etherscan is 66,942 USDT.
The total for the three cases ($28450, $23924.72, $16637.28) is $69,012.
Where did the difference disappear ?
If coinxx stated that they correctly transferred the money, they should be able to show proof with a transaction like Etherscan.
However, at this time no neutral evidence is presented, only a one-sided completion statement.
While no evidence can be presented, this is akin to an admission of fraud.
If the money is correctly transferred, there should be no problem. We too instructed them to show neutral evidence, not MT or website withdrawal request records that could be falsified. We are waiting for your reply.
By the way, we will make up the $760 in the name of shortfalls reversed in the past due to the same irregularities.
After the last sterile exchange, the issue was resolved in the form of compensation to MT4.
In other words, they have a criminal record and are trying to commit fraud again using the same tactics.
Some of you may have suffered the same losses.
There is no sign of remorse and they are very malicious.
At the end of the email it states.
"The aforementioned changes have been applied to your account as you are prohibited from improperly using or in any way exploiting the trading platform.
Furthermore, swap arbitrage is not a real trading strategy and we recommend that you never do this again.
You are missing the point. We are not currently seeking a genuine statement of a trading strategy.
Nor have we pointed out any details regarding the improper use of the trading platform.
What is improper use of the platform in the first place? Of course we do not know, nor do we know what kind of behavior it is.
We have received testimony from chat agents that there are no restrictions on their use of COINEXX and that they do not interfere with their clients' transaction records.
We use COINEXX with the assurance that there are no restrictions. If there were certain restrictions we would naturally avoid them.
Rather, is it unfair to bring up fraud and prohibitions after the fact?
If you have read this thread.
Do you understand how malicious that is?
All we want is proper profit extraction. If you have users around you, let them know so there are no new victims.
【 Problem solved 】
On January 4, Gaurav J, Coinexx's Executive Director and Head of Customer Relations, apologized for the disturbance and returned the unjustified adjustment, and the withdrawal was completed in full.
There was no response to this inquiry until the end of the day.
The content of the last e-mail was also questionable,
Since our goal is to complete the withdrawal, we will refrain from pursuing the matter as long as we have done so.
【 To similar victims 】
Although the matter was finally resolved, the response leading up to the resolution was not of the highest quality, and without my pressuring approach, the funds would have been taken away.
I am not sure what was the deciding factor in posting on various review sites, reporting to MetaQuotes, X, spreading the word on FB, etc., but it seems to work.
The many screenshots left in this thread may also help you.
We have evidence of many other discrepancies that we have not posted in this thread, so please contact us if you have been similarly victimized by COINEXX.