Compare WorldForex vs Coinexx
What is WorldForex? What is Coinexx?
WorldForex is a registered trading brand of Existrade LTD, a company based in Saint Vincent and the Grenadines. WorldForex offers forex and digital contracts trading on the MetaTrader 4 and MetaTrader 5 platforms, with over 200 trading instruments, leverage up to 1:1000, and various account types and bonuses.
Coinexx is a crypto forex broker that allows traders to trade forex and cryptocurrencies with the lowest spreads in the industry. Coinexx offers pure ECN trading on the MetaTrader 4 and MetaTrader 5 platforms, with leverage up to 500x, no trading restrictions, and multiple base currencies, including Bitcoin, Ethereum, and USD.
WorldForex vs Coinexx Regulation Comparison
WorldForex is a member of the Financial Commission, an international organization that resolves disputes in the financial services industry on the international currency market. However, WorldForex is not regulated by any reputable financial authority, such as the FCA, ASIC, or CySEC.
Coinexx is also not regulated by any financial authority, as it operates as an offshore broker. Coinexx claims to provide a secure and private trading environment for its clients, but it does not offer any investor protection or compensation scheme in case of insolvency or fraud.
WorldForex vs Coinexx Trading Assets Comparison
WorldForex offers over 200 trading instruments, including currency pairs, metals, indices, commodities, stocks, and digital contracts. Digital contracts are a type of binary options that allow traders to speculate on the price movement of various assets within a fixed time frame.
Coinexx offers more than 100 trading instruments, including currency pairs, metals, indices, commodities, and cryptocurrencies. Cryptocurrencies are digital assets that use cryptography to secure transactions and control the creation of new units.
WorldForex vs Coinexx Trading Fees Comparison
WorldForex charges different fees depending on the account type and the trading instrument. For forex trading, WorldForex offers four account types: Micro, Standard, Pro, and ECN. The Micro account has no commission but has higher spreads starting from 1.5 pips. The Standard account has a commission of $10 per lot but has lower spreads starting from 0.8 pips. The Pro account has a commission of $6 per lot but has even lower spreads starting from 0.5 pips. The ECN account has a commission of $3 per lot but has the lowest spreads starting from 0 pips. For digital contracts trading, WorldForex charges a fixed commission of 2% of the contract value.
Coinexx charges very low fees for forex and crypto trading. Coinexx has only one account type: ECN. The ECN account has a commission of $2 per lot RT (round turn) but has zero spreads on most instruments. Coinexx does not charge any fees for deposits or withdrawals.
WorldForex vs Coinexx Account Types Comparison
WorldForex offers four account types for forex trading: Micro, Standard, Pro, and ECN. The minimum deposit for each account type is $1, $100, $500, and $1000 respectively. The maximum leverage for each account type is 1:1000, 1:500, 1:200, and 1:100 respectively. The minimum lot size for each account type is 0.01, 0.01, 0.01, and 0.1 respectively. The base currencies for each account type are USD or EUR.
Coinexx offers only one account type for forex and crypto trading: ECN. The minimum deposit for the ECN account is 0.001 BTC or equivalent in other cryptocurrencies or fiat currencies. The maximum leverage for the ECN account is 500x. The minimum lot size for the ECN account is 0.01. The base currencies for the ECN account are BTC, ETH, LTC (Litecoin), USDT (Tether), or USD.
WorldForex vs Coinexx Deposit Options Comparison
WorldForex offers various deposit and withdrawal options for its clients. The deposit options include bank transfer, credit/debit cards (Visa/Mastercard), e-wallets (Skrill, Neteller, WebMoney, Qiwi, Yandex Money, Perfect Money), and cryptocurrencies (Bitcoin, Ethereum, Litecoin, Dash, Ripple). The withdrawal options include bank transfer, credit/debit cards (Visa/Mastercard), e-wallets (Skrill, Neteller, WebMoney, Qiwi, Yandex Money, Perfect Money), and cryptocurrencies (Bitcoin, Ethereum, Litecoin, Dash, Ripple). WorldForex does not charge any fees for deposits or withdrawals, but the payment systems may charge some fees. The processing time for deposits and withdrawals varies depending on the payment method.
Coinexx offers only cryptocurrency deposit and withdrawal options for its clients. The deposit options include Bitcoin, Ethereum, Litecoin, Dash, Bitcoin Cash, Bitcoin Gold, Monero, Ripple, Zcash, and 15 other altcoins. The withdrawal options include Bitcoin, Ethereum, Litecoin, Dash, Bitcoin Cash, Bitcoin Gold, Monero, Ripple, Zcash, and 15 other altcoins. Coinexx does not charge any fees for deposits or withdrawals. The processing time for deposits and withdrawals is usually within 30 minutes.
WorldForex vs Coinexx Trading Platforms Comparison
WorldForex offers two trading platforms for its clients: MetaTrader 4 and MetaTrader 5. MetaTrader 4 and MetaTrader 5 are the most popular trading platforms in the forex industry, with advanced features such as technical analysis tools, indicators, expert advisors (EAs), scripts, and more. WorldForex provides both desktop and mobile versions of MetaTrader 4 and MetaTrader 5 for Windows, Mac OS X, Linux, Android, and iOS devices.
Coinexx also offers two trading platforms for its clients: MetaTrader 4 and MetaTrader 5. MetaTrader 4 and MetaTrader 5 are the same platforms as offered by WorldForex, with the same features and functionalities. Coinexx also provides both desktop and mobile versions of MetaTrader 4 and MetaTrader 5 for Windows, Mac OS X, Linux, Android, and iOS devices.
WorldForex vs Coinexx Analytical Tools Comparison
WorldForex offers various analytical tools for its clients to enhance their trading performance. Some of the tools include economic calendar, market news, trading signals service (for a fee), market analysis reports (for a fee), and MQL4/MQL5 development environment (for creating custom indicators and EAs).
Coinexx also offers various analytical tools for its clients to improve their trading results. Some of the tools include economic calendar, market news (from FXStreet), trade alerts service (for a fee), strategy tester (for testing EAs), and MQL4/MQL5 development environment (for creating custom indicators and EAs).
WorldForex vs Coinexx. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading style, preferences, and goals. There is no definitive answer to which forex broker is better, as different brokers may suit different traders. WorldForex and Coinexx are two online forex brokers that offer different trading conditions and features. There is no definitive answer to which forex broker is better or which forex broker you should choose. It depends on your personal preferences and goals. You may want to consider the factors mentioned above when comparing the brokers and make your own informed decision. Alternatively, you may want to try out both brokers with a demo account or a small deposit before committing to a real account. This way, you can test their services and see which one suits you better.
