Coinexx Review 2023 : Pros, Cons & Ratings
Best + Low Spread Broker: [ Ссылка ] (instant withdraw)
Coinexx has two platforms offered, MetaTrader 4 and 5. All of the versions exist, For PC, Mac, iOS, and Android. The web MT4/5 is also available from the Client Portal that does not require any installation. The server scan showed two Coinexx servers, Demo and Live, with almost the same ping of 51ms. Log In was very quick giving a feeling the servers are not loaded and ready for fast executions.

The MT4 client is updated to the latest version with all the settings by default and visible One-Click trading buttons. The four classic charts show major Forex pairs with basic, included indicators. The execution times are just a bit over 150ms including the server latency, which is considered top tier in the industry.

The assets symbols are grouped although not very user-friendly, for example, Forex crosses and exotics have just a dot suffix to set it apart from the major currency pairs. Trade Terminal will account for the commissions and the swaps for each trade and instrument specifications are filled with enough information. The MT4 though does not show Cryptocurrencies available for trading, only MT5 does.

The MT5 has a bit different symbols layout and traders may need adaptation if their account nominated in BTC. Interestingly, we have noticed another Coinexx location in the About window. This time the broker is in Edinburgh, UK. Anyways, the execution is even faster than with MT4, with an average of 55ms, a figure that can rarely get better.

Coinexx stated that the liquidity is arranged with 20 tier 1 banks. The only drawback with MT5 is the lack of abundance of EAs and custom indicators. The base currencies available for MT5 are USD, BTC LTC, BCC, ETH, and XRP. We have noticed that the commission in MT5 is not displayed it the Trade terminal by default, it has to be enabled. The specification window states $1 per lot and this is per side.

Coinexx features a free VPS service. This VPS is located near their servers in Amsterdam. Coinexx also has servers in Chicago and London as stated by their staff. The VPS service is available for $5000 deposits or, if the trader does not meet the requirement, it is still available for $25 per month. The VPS service can be requested within the Client Portal or via chat.

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