Compare ActivTrades vs Coinexx
What is ActivTrades? What is Coinexx?
ActivTrades is an online broker that offers trading services in forex, CFDs, indices, commodities, and cryptocurrencies. It was established in 2001 and is regulated by the FCA in the UK, the DFSA in the UAE, and the SCB in the Bahamas.
Coinexx is an online broker that offers trading services in forex and cryptocurrencies. It was established in 2017 and is not regulated by any authority. It claims to provide pure ECN spreads, deep liquidity, and anonymous trading.
ActivTrades vs Coinexx Regulation Comparison
ActivTrades has a higher level of regulation than Coinexx, as it is authorized and supervised by reputable regulators such as the FCA, the DFSA, and the SCB. ActivTrades also offers segregated accounts, negative balance protection, and compensation schemes for its clients.
Coinexx does not have any regulation or license from any authority, which means it operates without any oversight or protection for its clients. Coinexx does not offer segregated accounts, negative balance protection, or compensation schemes for its clients.
ActivTrades vs Coinexx Trading Assets Comparison
ActivTrades offers a wider range of trading assets than Coinexx, as it provides access to over 500 instruments across forex, CFDs, indices, commodities, and cryptocurrencies. ActivTrades also offers spread betting for UK clients.
Coinexx offers a limited range of trading assets, as it only provides access to 60 instruments across forex and cryptocurrencies. Coinexx does not offer spread betting or any other derivatives.
ActivTrades vs Coinexx Trading Fees Comparison
ActivTrades and Coinexx both charge variable spreads and commissions on their trades. The spreads and commissions may vary depending on the account type, market conditions, and trading platform.
According to some online sources, the average spreads and commissions for some popular instruments are as follows:
| Instrument | ActivTrades | Coinexx |
|---|---|---|
| EUR/USD | 0.7 pips + $2 per lot | 0.0 pips + $2 per lot |
| GBP/USD | 0.9 pips + $2 per lot | 0.0 pips + $2 per lot |
| USD/JPY | 0.8 pips + $2 per lot | 0.0 pips + $2 per lot |
| XAU/USD | 25 cents + $2 per lot | 10 cents + $2 per lot |
| BTC/USD | $30 + $2 per lot | $10 + $2 per lot |
Based on these data, Coinexx seems to offer lower spreads and commissions than ActivTrades for most instruments.
ActivTrades vs Coinexx Account Types Comparison
ActivTrades offers three types of accounts: Classic, Advantage, and Professional. The Classic account has no minimum deposit requirement, while the Advantage and Professional accounts require a minimum deposit of $1000 and $5000 respectively. The Classic account has higher spreads than the Advantage and Professional accounts, but no commissions. The Professional account has higher leverage than the other two accounts, but also higher margin requirements.
Coinexx offers four types of accounts: Standard ECN, Pro ECN, Scalper ECN, and Crypto ECN. All accounts have no minimum deposit requirement and offer the same leverage of up to 1:500. The Standard ECN account has no commissions but higher spreads than the other three accounts. The Pro ECN account has lower spreads but higher commissions than the Standard ECN account. The Scalper ECN account has the lowest spreads but the highest commissions among all accounts. The Crypto ECN account has lower spreads and commissions than the Standard ECN account but only supports crypto trading.
ActivTrades vs Coinexx Deposit Options Comparison
ActivTrades offers more deposit and withdrawal options than Coinexx, as it supports credit/debit cards, Neteller, PayPal, Skrill, SOFORT, and wire transfer. ActivTrades does not charge any fees for deposits or withdrawals, but some third-party fees may apply depending on the method used.
Coinexx only supports crypto deposits and withdrawals, such as Bitcoin, Litecoin, Ethereum, Monero, and Dash. Coinexx does not charge any fees for deposits or withdrawals, but some network fees may apply depending on the crypto used.
ActivTrades vs Coinexx Trading Platforms Comparison
ActivTrades and Coinexx both offer MetaTrader 4 and MetaTrader 5 as their main trading platforms. These platforms are widely used and trusted by traders, as they offer advanced charting, analytical tools, indicators, EAs, scripts, and more.
ActivTrades also offers its own proprietary platform called ActivTrader, which is a web-based platform that allows traders to access the markets from any device and browser. ActivTrader has a user-friendly interface, customizable layouts, advanced order types, and risk management tools.
Coinexx does not offer any proprietary platform, but it supports cTrader, which is another popular platform that offers fast execution, deep liquidity, and transparent pricing. cTrader has a sleek design, intuitive features, multiple order types, and sophisticated tools.
ActivTrades vs Coinexx Analytical Tools Comparison
ActivTrades and Coinexx both provide some analytical tools to help traders with their strategies. ActivTrades offers Smart Tools, Smart Forecast, Smart Pattern, Smart Order, and Smart Lines. These tools are designed to enhance the functionality of MetaTrader 4 and MetaTrader 5 by providing additional indicators, signals, patterns, order types, and automation.
Coinexx offers Trading Central, Autochartist, and Myfxbook. These tools are integrated with MetaTrader 4 and MetaTrader 5 and provide market analysis, technical analysis, trade signals, pattern recognition, and performance tracking.
ActivTrades 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. However, you may consider some of the following factors:
- Regulation: ActivTrades has a higher level of regulation than Coinexx, which means it offers more security and protection for your funds and transactions. If you value regulation and trustworthiness, you may prefer ActivTrades over Coinexx.
- Trading Assets: ActivTrades offers a wider range of trading assets than Coinexx, which means it gives you more opportunities and diversity in the markets. If you want to trade more than just forex and cryptocurrencies, you may prefer ActivTrades over Coinexx.
- Trading Fees: Coinexx offers lower spreads and commissions than ActivTrades for most instruments, which means it can save you some costs and increase your profits. If you are looking for low-cost trading, you may prefer Coinexx over ActivTrades.
- Account Types: ActivTrades and Coinexx both offer different account types to suit different trading styles and needs. You may compare the features and requirements of each account type and choose the one that best fits your preferences.
- Deposit and Withdrawal Options: ActivTrades offers more deposit and withdrawal options than Coinexx, which means it can accommodate more payment methods and currencies. If you want to have more flexibility and convenience in funding your account and withdrawing your profits, you may prefer ActivTrades over Coinexx.
- Trading Platforms: ActivTrades and Coinexx both offer MetaTrader 4 and MetaTrader 5 as their main trading platforms, which are widely used and trusted by traders. However, ActivTrades also offers its own proprietary platform called ActivTrader, while Coinexx supports cTrader. You may try out these platforms and see which one suits your trading needs and preferences better.
- Analytical Tools: ActivTrades and Coinexx both provide some analytical tools to help you with your trading strategies. However, the tools may differ in their functionality and quality. You may test out these tools and see which ones provide you with more useful and reliable information and guidance.
Ultimately, the choice between ActivTrades and Coinexx is up to you. You may want to do more research, read some reviews, or open a demo account with each broker before making a final decision.
