Coinexx markets cryptocurrency-funded FX and CFD trading on MT4 and MT5. The FCA warned about coinexx.com on 20 November 2023, and the CFTC added Coinexx to its RED List on 16 July 2020. These notices have different legal meanings. The published company registration and available trading agreement provide further detail, but do not establish a current authorised derivatives dealer or a complete current tariff.[1][7][8][2][6]
Accounts & eligibility
Sections ↑Account and access scope
Age and restricted jurisdictions
| Item | Details |
|---|---|
| Age | Website terms require clients to be over 18.Source 5 |
| Named exclusions | Afghanistan, Belarus, Burundi, China, Congo, Crimea, Cuba, India, Iran, Iraq, North Korea, Romania, Russia, Sri Lanka, Sudan, Syria, Turkey, US, UAE, Venezuela and Yemen.Source 5 |
| Other restrictions | Any jurisdiction where service would contravene local law.Source 5 |
Neither a functioning registration page nor a crypto payment route establishes permission to serve a resident. The UK and US notices should be considered alongside the company’s exclusions.[5][7][8]
Markets & contract exposure
Sections ↑Derivative categories
The available agreement states that CFDs confer no ownership or physical delivery of the referenced asset. A metal or index position therefore does not establish a transferable holding of metal, shares or fund units.[6]
Trading costs & other charges
Sections ↑Published pricing and what is missing
| Item | Details |
|---|---|
| Spread floor | MT5 page advertises spreads from 0.0 pip; this is a promotional floor.Source 4 |
| Variable spread | Spreads page describes floating/fractional pricing; its retrieved instrument table returned no records.Source 3 |
| Full cost | Current account-specific commission, financing, conversion and payment-charge schedules remain unconfirmed.Source 3 |
A cost calculation requires compatible units
| Item | Details |
|---|---|
| FX illustration | A 100,000-EUR EUR/USD contract has US$10 per 0.0001 price movement.Source 3 |
| Spread cost | At an assumed 1 pip, spread-only cost is US$10; this is not an observed Coinexx quote.Source 3 |
| Other contracts | Index points and commodity multipliers require their own specifications.Source 3 |
The zero-spread floor cannot establish the total cost. A commission needs its unit, currency and side count; cryptocurrency funding can add network costs and changes in the value of the funding asset. None of those items should be silently entered as zero.[3][1]
Execution, leverage & margin
Sections ↑Available agreement: execution and margin
| Item | Details |
|---|---|
| Stated role | Coinexx describes itself as agent routing instructions to liquidity providers.Source 6 |
| Price | Execution can differ from the displayed quote as markets move.Source 6 |
| Margin | Requirements and position limits may change, with or without advance notice.Source 6 |
Agency and no-dealing-desk descriptions are company disclosures, rather than independently audited execution results. The public agreement does not show a clear effective date, so its applicability should be reconciled with the version accepted at account opening.[6][3]
Platform behaviour and exposure
| Item | Details |
|---|---|
| MT5 | Desktop, web and mobile access; partial fills and EAs are described.Source 4 |
| Automation | A terminal’s strategy capability does not make every strategy contractually unrestricted.Source 4 |
| Protection limit | The risk disclosure says losses may exceed the original investment.Source 5 |
Deposits, withdrawals & promotions
Sections ↑Withdrawal rules in the available agreement
| Item | Details |
|---|---|
| Available amount | Balance above required margin.Source 6 |
| Destination | Normally the original wallet and funding method; exceptions require company agreement.Source 6 |
| Timing and costs | No complete current binding payout deadline or route-by-route tariff was verified.Source 1 |
100% deposit promotion
A quoted promotional maximum is not the amount a client can withdraw immediately. The current volume test, eligible instruments, expiry and withdrawal consequences need the specific campaign terms before being treated as part of available cash.[1][6]
Regulation & client protection
Sections ↑FCA warning and UK redress
CFTC RED List: precise meaning
| Item | Details |
|---|---|
| Entry | Coinexx,16 July 2020, involving OTC forex.Source 8 |
| Registration concern | Appears to solicit or accept US funds for activities requiring registration, without registration.Source 8 |
| Legal limit | Inclusion is not itself a CFTC or court finding of a Commodity Exchange Act violation.Source 8 |
Company registration and client assets
| Item | Details |
|---|---|
| Published registration | HT00224016, Comoros, according to the contact page.Source 2 |
| Dealer permission | A matching current derivatives authorisation was not independently verified.Source 2 |
| Custody/insurance | No audited client-asset reconciliation or applicable statutory compensation scheme was established.Source 7Source 8Source 2 |
Support, complaints & account records
Sections ↑Current published contacts
| Item | Details |
|---|---|
| Compliance | [email protected] for complaints/abuse reports.Source 2 |
| Telephone | +1-929-388-0701; contact page advertises 24/5 support.Source 2 |
| Agreement route | The undated agreement also names [email protected].Source 6 |
Statements and account closure
| Item | Details |
|---|---|
| Records | Available agreement provides daily/monthly/annual statements.Source 6 |
| Objections | It requires objections within two business days of online posting.Source 6 |
| Termination | Client gives three days’ written notice; positions close and liabilities are deducted before the balance is returned.Source 6 |
Platforms & additional services
Sections ↑Third-party management and VPS
| Item | Details |
|---|---|
| Trading mandate | Agreement requires power of attorney for an account manager; written revocation ends authority.Source 6 |
| Manager choice | Company does not endorse the manager; separate charges need the mandate.Source 6 |
| VPS | Homepage advertises conditional free hosting; eligibility and ongoing cost are not established for every account.Source 1 |
Revoking a manager’s authority and closing an existing position are separate instructions. A client should identify who can trade, who can withdraw and how outstanding orders are handled before giving control to another person.[6]
Company & legal entities
Sections ↑Legal and domain identity
The FCA notice includes historical contact details. Its older UK address should not replace the current company-published Comoros address or be treated as evidence of UK authorisation.[7][2]
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
COINEXX LTD
ComorosSource 2
No separate licence entry is recorded in this panel.
Additional Information
Sections ↑Material information to obtain before funding
| Item | Details |
|---|---|
| Contract | Exact operator, governing agreement version and permission for the client’s country.Source 2Source 6Source 5 |
| Tariff | Per-side commissions, swaps, conversions and crypto payout deductions.Source 3 |
| Account protection | Current margin/deficit rules and the documented custody and complaint arrangements.Source 6 |
Sources & further reading
- Coinexx: MT4/MT5 service, promotions and product presentation Coinexx · Accessed 27 Oct 2026
- Coinexx: Comoros company description and contacts Coinexx · Accessed 27 Oct 2026
- Coinexx: variable spreads and published instrument table Coinexx · Accessed 27 Oct 2026
- Coinexx: MetaTrader 5 access and features Coinexx · Accessed 27 Oct 2026
- Coinexx: website terms, age and country restrictions Coinexx · Accessed 27 Oct 2026
- Coinexx: available undated User Agreement Coinexx · Accessed 27 Oct 2026
- FCA: Coinexx unauthorised-firm warning,20 November 2023 Financial Conduct Authority · Accessed 27 Oct 2026
- CFTC: Coinexx RED List entry,16 July 2020 Commodity Futures Trading Commission · Accessed 27 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.