Compare Coinexx vs Markets.com
What is Coinexx? What is Markets.com?
Coinexx is an online forex and cryptocurrency broker that offers trading on various instruments, such as forex, commodities, indices, and crypto. Coinexx claims to provide a pure ECN environment with low spreads, high leverage, and no trading restrictions.
Markets.com is an online trading platform that offers CFD and spread betting on various markets, such as forex, shares, commodities, indices, ETFs, and crypto. Markets.com claims to provide powerful tools, user-friendly interface, and regulated and authorised services.
Coinexx vs Markets.com Regulation Comparison
Coinexx is not regulated by any authority and does not provide any information about its legal status or jurisdiction on its website. This may pose a high risk for traders who want to ensure the safety and security of their funds and personal data.
Markets.com is regulated and authorised by multiple authorities in different regions, such as the ASIC in Australia, the CySEC in Cyprus, the SCB in Bahamas, and the Financial Commission in the United Kingdom. This may provide more protection and assurance for traders who want to trade with a reputable and compliant broker.
Coinexx vs Markets.com Trading Assets Comparison
Coinexx offers trading on more than 80 instruments across four categories: forex, commodities, indices, and crypto. Coinexx provides access to 60+ currency pairs, 5 metals, 11 indices, and 25+ cryptocurrencies.
Markets.com offers trading on more than 2000 instruments across nine categories: forex, shares, commodities, indices, ETFs, crypto, bonds, blends, and IPOs. Markets.com provides access to 50+ currency pairs, 2000+ shares, 25+ commodities, 40+ indices, 100+ ETFs, 20+ cryptocurrencies, 5 bonds, 12 blends, and various IPOs.
Coinexx vs Markets.com Trading Fees Comparison
Coinexx charges variable spreads and commissions on its trades. The spreads start from 0.0 pips on major currency pairs and vary depending on the market conditions and liquidity. The commissions are $2 per lot per side on forex and metals, and $0.25 per lot per side on crypto.
Markets.com charges variable spreads and commissions on its trades. The spreads start from 0.6 pips on major currency pairs and vary depending on the market conditions and liquidity. The commissions are $10 per lot per side on shares and $3.50 per lot per side on indices.
Coinexx vs Markets.com Account Types Comparison
Coinexx offers only one type of account for all traders. The account has a minimum deposit of $7 (or equivalent in other currencies) and a maximum leverage of 1:500. The account can be denominated in five base currencies: BTC, ETH, USD, LTC, or XRP.
Markets.com offers three types of accounts for different levels of traders: Classic, Standard, and Premium. The accounts have a minimum deposit of $100 (or equivalent in other currencies) and a maximum leverage of 1:300. The accounts can be denominated in nine base currencies: USD, EUR, GBP, AUD, CAD, DKK, NOK, PLN, or SEK
Coinexx vs Markets.com Deposit Options Comparison
Coinexx accepts deposits and withdrawals only in cryptocurrencies. Traders can choose from 25+ altcoins to fund their accounts or withdraw their profits. Coinexx does not charge any fees for deposits or withdrawals but the network fees may apply depending on the chosen cryptocurrency.
Markets.com accepts deposits and withdrawals in both fiat currencies and cryptocurrencies. Traders can choose from various payment methods to fund their accounts or withdraw their profits. These include credit/debit cards, wire transfer, PayPal, Skrill, Neteller, UnionPay, FasaPay, BPay, and crypto wallets. Markets.com does not charge any fees for deposits or withdrawals but the payment providers may charge some fees depending on the chosen method.
Coinexx vs Markets.com Trading Platforms Comparison
Coinexx offers two trading platforms for its clients: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are available as desktop applications for Windows and Mac OS devices; web-based versions that can be accessed from any browser; and mobile apps for Android and iOS devices. Both platforms support one-click trading, trailing stop orders, pending orders; as well as various charting tools; indicators; expert advisors; scripts; etc.
Markets.com offers four trading platforms for its clients: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and webIRESS. All platforms are available as desktop applications for Windows and Mac OS devices; web-based versions that can be accessed from any browser; and mobile apps for Android and iOS devices. All platforms support one-click trading, trailing stop orders, pending orders; as well as various charting tools, indicators, expert advisors, scripts, etc. In addition, Markets.com also offers a proprietary platform called Marketsx that provides more advanced features, such as trading signals, market sentiment analysis, technical analysis tools, etc.
Coinexx vs Markets.com Analytical Tools Comparison
Coinexx does not provide any analytical tools or educational resources for its clients on its website. Traders have to rely on their own research and analysis or use third-party sources to enhance their trading skills and knowledge.
Markets.com provides various analytical tools and educational resources for its clients on its website. These include market news, economic calendar, trading alerts, trading signals, market sentiment analysis, technical analysis tools, webinars, articles, tutorials, etc. Traders can use these tools and resources to improve their trading performance and decision-making.
Coinexx vs Markets.com. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on various factors, such as your trading style, goals, preferences, and risk appetite. There is no definitive answer to which forex broker is better or which one you should choose. However, based on the comparison between Coinexx and Markets.com, you may consider some of the following aspects:
- Regulation: If you value the safety and security of your funds and personal data, you may prefer Markets.com over Coinexx, as Markets.com is regulated and authorised by multiple authorities in different regions, while Coinexx is not regulated by any authority and does not provide any information about its legal status or jurisdiction .
- Trading Assets: If you want to diversify your portfolio and trade on a wide range of instruments, you may prefer Markets.com over Coinexx, as Markets.com offers trading on more than 2000 instruments across nine categories, while Coinexx offers trading on more than 80 instruments across four categories .
- Trading Fees: If you want to save on trading costs and enjoy low spreads and commissions, you may prefer Coinexx over Markets.com, as Coinexx charges variable spreads and commissions that start from 0.0 pips and $2 per lot per side on forex and metals, while Markets.com charges variable spreads and commissions that start from 0.6 pips and $10 per lot per side on shares .
- Account Types: If you want to have more flexibility and options in choosing your account type, base currency, minimum deposit, and maximum leverage, you may prefer Markets.com over Coinexx, as Markets.com offers three types of accounts for different levels of traders, while Coinexx offers only one type of account for all traders .
- Deposit and Withdrawal Options: If you want to have more convenience and variety in funding your account or withdrawing your profits, you may prefer Markets.com over Coinexx, as Markets.com accepts deposits and withdrawals in both fiat currencies and cryptocurrencies via various payment methods, while Coinexx accepts deposits and withdrawals only in cryptocurrencies .
- Trading Platforms: If you want to have more choice and functionality in selecting your trading platform, you may prefer Markets.com over Coinexx, as Markets.com offers four trading platforms for its clients, including cTrader and webIRESS, while Coinexx offers two trading platforms for its clients, both of which are MetaTrader versions .
- Analytical Tools: If you want to have more access and support to analytical tools and educational resources that can help you improve your trading performance and decision-making, you may prefer Markets.com over Coinexx, as Markets.com provides various tools and resources for its clients on its website, such as market news, economic calendar, trading signals, market sentiment analysis, webinars, etc., while Coinexx does not provide any tools or resources for its clients on its website .
Ultimately, the best forex broker for you is the one that meets your needs and expectations. You may want to do your own research and analysis before making a final decision. You can also try out the demo accounts of both brokers to test their services and features before opening a live account.
