Compare Eightcap vs Coinexx
What is Eightcap? What is Coinexx?
Eightcap is a regulated forex and CFD broker that offers trading on over 800 CFD markets with TradingView integration, daily trade ideas, professional trading insight, and code-free automation.
Coinexx is a crypto forex broker that offers trading on over 100 forex pairs and 60 crypto pairs with low spreads, high leverage, and no transfer fees.
Eightcap vs Coinexx Regulation Comparison
Eightcap is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC).
Coinexx is not regulated by any authority and operates as an offshore broker.
Eightcap vs Coinexx Trading Assets Comparison
Eightcap offers trading on over 800 CFD markets, including forex, indices, commodities, shares, and cryptocurrencies.
Coinexx offers trading on over 160 markets, including forex, cryptocurrencies, metals, energies, and indices.
Eightcap vs Coinexx Trading Fees Comparison
Eightcap charges variable spreads from 0.0 pips on its Standard and Raw accounts, and commissions from $3.5 per lot on its Raw account. It also charges swap fees for holding positions overnight and an inactivity fee of $10 per month after 12 months of no trading activity.
Coinexx charges variable spreads from 0.0 pips on all its account types, and commissions from $2 per lot on its ECN account. It does not charge any swap fees or inactivity fees.
Eightcap vs Coinexx Account Types Comparison
Eightcap offers two account types: Standard and Raw. Both accounts have a minimum deposit of $100, a maximum leverage of 500:1, and allow scalping, hedging, and EAs. The main difference between the accounts is the spread and commission structure.
Coinexx offers four account types: Mini, Standard, ECN, and Pro. All accounts have no minimum deposit requirement, a maximum leverage of 500:1, and allow scalping, hedging, and EAs. The main difference between the accounts is the lot size, spread, and commission structure.
Eightcap vs Coinexx Deposit Options Comparison
Eightcap accepts deposits and withdrawals via bank wire transfer, credit/debit card, Skrill, Neteller, PoliPay, FasaPay, China UnionPay, BPay, Broker to Broker Transfer (B2B), and Global Collect. It does not charge any deposit or withdrawal fees, but third-party fees may apply.
Coinexx accepts deposits and withdrawals via cryptocurrencies only, such as Bitcoin, Ethereum, Litecoin, Dash, etc.. It does not charge any deposit or withdrawal fees or impose any limits on the amount or frequency of transactions.
Eightcap vs Coinexx Trading Platforms Comparison
Eightcap offers two trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are available for Windows, Mac, iOS, Android, and web-based devices. They offer advanced charting, technical analysis tools, indicators, EAs, scripts, and more.
Coinexx also offers two trading platforms: MT4 and MT5. Both platforms are available for Windows, Mac, iOS, Android, and web-based devices. They offer the same features as Eightcap’s platforms.
Eightcap vs Coinexx Analytical Tools Comparison
Eightcap provides several analytical tools to its clients, such as TradingView integration for charting and trading directly from the charts; Capitalise.ai for creating, testing, and automating trading strategies using everyday English; FlashTrader for placing multiple orders with one click; Trade Zone for getting weekly trade ideas from experts; AI-powered Economic Calendar for getting historical market impact and sentiment data; Interactive Live Events for learning from guest analysts; and Eightcap Labs for developing trading skills.
Coinexx does not provide any analytical tools to its clients apart from the ones available on the MT4 and MT5 platforms.
Eightcap vs Coinexx. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences and trading goals. However, here are some possible advantages and disadvantages of Eightcap and Coinexx:
- Eightcap is a regulated broker that offers a wide range of CFD markets, TradingView integration, code-free automation, and professional trading insight. However, it also charges swap fees, inactivity fees, and commissions on its Raw account. It does not accept cryptocurrencies as a payment method .
- Coinexx is a crypto forex broker that offers low spreads, high leverage, and no transfer fees. It accepts cryptocurrencies as the only payment method and does not charge any swap fees or inactivity fees. However, it is not regulated by any authority and operates as an offshore broker. It does not provide any analytical tools apart from the ones available on the MT4 and MT5 platforms .
Therefore, if you are looking for a regulated broker that offers more CFD markets, advanced charting, and trading education, you might prefer Eightcap. If you are looking for a crypto forex broker that offers low costs, high leverage, and no transfer fees, you might prefer Coinexx. However, you should also consider the risks involved in trading with an unregulated broker and the volatility of cryptocurrencies. Ultimately, the decision is yours to make based on your own research and due diligence.
