I trade on the metatrader 4 and metatrader 5 and I have not seen so much differece in how they execute trades. They both accept the use of robot and they have fast tarde execution speed. My withdrawals here have always been granted within a few hours of requesting
I used to think like forex is a scam till I met someone who introduced me to trading forex. The person uses coinexx and that was why I also opened the account. I spent some months on the demo as the person guided me through how to trade. I am now trading on a live account and my general experience has been able to reveal to me that trading isn't necessarily a scam. And most of the popular news about people losing money or getting their accounts wiped is either because they could not manage their accounts well or because they were unlucky to be with a scam broker.
I have opened account with this broker two months ago in order to test if it suits my strategy. Since I am trading with help of algorithm, I have initially invested small amount, just to check if everything will work properly. Previously I was using MT4, but here I wanted to make an upgrade to MT5 platform. I was concerned if algo will fit into the system. Just in case I have checked with customer service if it is feasible, and they have answered me that they support algo trading and gave me few tips regarding setup. Indeed, I didnt have any issues up to now. Spreads on ecn account are very low, somewhere around 0.01-0.05 pips, thou there is small fee on traded lot. It is good that trading with micro lots is supported, as well as 500 times leverage on forex pairs. All these conditions suit perfectly my trading strategy, so I have decided to raise my invested capital and continue to trade with this broker.
I have spent some time researching in order to find broker where I could decrease costs of my crypto trading, and my final decision was Coinexx. I am trading here major crypto currencies for last four months. For moment, I am satisfied (at least until I find a broker with lower costs of trading). This is an ecn broker, so there is fixed cost per traded lot of $2.0. I dont think that it is too high. However, there are ecn spreads, which are volatile and depend on currency and its volatility during the day. Now, BTC is generally “expensive” coin, however, spreads on BTC here are generally lower and they might go up to 20 pips. Certainly, it is quite lower from majority of crypto brokers operating on the market. On the other hand, spreads on altcoins are here indeed quite low. For example, here I am trading ETH with spread which are mostly around 2-3 pips, rarely it can go up to 5 pips. LTC is less than 1 pip. What I also find nice here is that leverage is allowed for cryptos, so I am able to use leveraged funds up to 5:1. All other trading conditions are ok, didnt have any issue up to now.
Coinexx grants same day withdrawal. It accepts bitcoin for deposit and withdrawal processes with a minimum withdrawal amount of around 0.001 btc. It has never defaulted in payments so far. One other thing I like about the withdrawal is the fact that I do not have to withdraw with the same deposit option I used. It is common for brokers to claim that withdrawal can only be made with the same option that the deposit was made. Coinexx allows flexibility in withdrawal policy. I believe this is made possible because of its inclusion of cryptocurrencies and blockchain technology
It has more options for base account currency than many traditional brokers that I have seen around. Crypto currency base account currencies are available for those who are interested in it. The platform is professional and has many charting tools and custom indicators. I have been able to form a reliable strategy using indicators
I don't know how to trade yet, but using the PAMM account has been profitable for me. I am not in control of the profit I make because someone else trades for me; I have been making passive income through it. No money was made 2 months ago, the trader broke-even but made around 11% last month
Coinexx protects against having negative balance. One can be sure of not losing more than his negative balance. As good as that is, if the margin you are using is not large enough you get stopped out early. Getting stopped out early in case of not using a stop loss works for me. That is why I use very low leverage.
One click trading works here, entering and closing trades with just one click helps fast trade actions. It also gives access to custom indicators and variable strategies. I have tried the long term and short term trading with ease
I have a PAMM account that allows the fund manager to manage my account. The program I chose is quite favorable for me. I went through the manager's trading performance overtime to choose one that I am comfortable with. There are weeks that end in losses, but most times, the manager makes profits.
Different ways of making deposit and withdrawal with cryptocurrencies. Deposit is usually instant while withdrawal takes one to two days. The results I have gotten so far with my.copy trading have been impressive. I have heard different stories of how brokers defraud people all in the name of copy trading. They setup different copy trading platforms and when people invest into them, try to make money for a while and then later wipe out the account claiming there was a total loss. Coinexx copy trading is real, setting up the account is straightforward and I have made impressive profits. When I notice a good consistency I will invest more money
Forex and commodities give me money quarterly. I am a long term trader and I have special interest in trading gold and all majors and crosses. I don't trade with specific money goals, all I do is trade correctly and my money comes. Forex trading is a profitable business and a good broker is key and this is why I recommend trading with coinexx.
Cryptocurrencies are available here but it's not through trading the underlying assets but as CFDs. The number of cryptos are also not much and I am using this medium to urge the broker to add to them. The services are good, execution is fast, no issues here for now except for the desired increment of the number of cryptocurrency CFDs.
The broker offers forex, cryptocurrency, indices and commodities. Even though the crypto and indices are not as much as the currency pair offering, I still found a way to build different portfolios with them. I am also building the different portfolios with different base currencies
Deposit here is fast, withdrawal takes 1 to 2 working days because the broker claims it processes it manually. So far, the withdrawals have come as expected and I do not have fears about the broker not giving me my money again.
It was quite easy to open an account with coinexx and I was not required to do any form of KYC registration which means that I was able to deposit money immediately after I opened an account. Depositing money was free.
The broker offers Mt4 and Mt5 trading accounts. I have not used the MT5 but the Mt4 works like I expected. It doesn't fluctuate in price and the broker provides real time market prices. I took my time to compare the market prices with that of other brokers. And I found it consistent.
Withdrawal is fast, as expected of brokers that use the blockchain network to process deposit and withdrawal. And it is also free to withdraw money from the broker. The products offered are forex, cryptocurrency, indices and commodities. I am not a fan of indices so I have not traded indices at all. But the conditions for trading the other assets seem balanced to me.
Some disadvantage I see here is that the cryptocurrency options available are not much. The broker does not have many cryptocurrency trading options; they are limited. Though the broker is innovative in allowing cryptocurrencies as deposit and withdrawal options.
The broker is not an option for stock traders because there are no major company stocks available.
The broker does not require me to do verification before depositing or trading. I don't think there is any point where I am required to do the verification. I use the BTC base currency and I also trade Bitcoin, ethereum and gold and some forex pairs. I wish to trade USoil but the broker does not have it.
The overall trading condition is okay, the spreads are zero (0.0) and making it suitable for both long and short term traders.
Asides my normal trade, I also control a PAMM account where I manage funds of people who want me to trade for them. That has been a good source of income for me too. The account I am trading is quite large, I would not like to mention the amount of money to respect the confidentiality of my client's information.
Coinexx saved me from continually losing money to a fraudulent broker. My trades have been better since I got here. Forex trading is easy when you have the right knowledge and it is easier when the broker is also professional. This is my story with forex brokers. After learning and learning how to trade and sticking to my first broker for months, I didn't know the broker was the major problem I had. I discovered it when I joined a group of traders who shared their trading results with themselves. My result was usually different 60% of the time, even when we take the same trades with the same sl and tp. When I changed to coinexx through my friends' advice, I started to get better results.
One other thing here is that one can trade forex and cryptocurrency at the same time. I am presently investing in cryptocurrency and wish to hold them for a while. I am also carrying on with my forex trades. The broker also accepts cryptocurrency for withdrawal and deposit and there are no fees charged for these. In summary, my experience here is better than that which I had with my former broker.
I have used many brokers but I have found a home here. Trading cryptocurrency and currency has made me profitable in the past months. When I breakeven on forex, I made money through cryptocurrency and vice versa. It has not happened that I made a total loss in a month. The MT4 platform is professional, it works like any other professional MT4 should work.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.