Compare Coinexx vs NSFX
What is Coinexx? What is NSFX?
Coinexx is a forex broker that offers trading with cryptocurrencies, CFDs, commodities, indices, and metals. Coinexx is not regulated by any authority and does not require any verification or minimum deposit from its clients. Coinexx claims to provide pure ECN trading environment, low spreads, high leverage, and fast execution.
NSFX is a forex broker that offers trading with currencies, CFDs, commodities, and indices. NSFX is regulated by the Malta Financial Services Authority (MFSA) and complies with the Markets in Financial Instruments Directive (MiFID). NSFX requires a minimum deposit of $300 and provides various account types, trading platforms, and educational resources to its clients.
Coinexx vs NSFX Regulation Comparison
Coinexx is not regulated by any authority and does not provide any information about its legal status, location, or ownership on its website. This means that Coinexx operates in a high-risk jurisdiction and does not offer any protection or compensation to its clients in case of insolvency or misconduct.
NSFX is regulated by the MFSA in Malta, which is a reputable regulator in the European Union. NSFX also complies with the MiFID, which sets the standards for investor protection, transparency, and fair competition in the financial markets. NSFX participates in the Maltese Investor Compensation Scheme, which covers up to €20,000 of eligible clients’ funds in case of broker’s failure.
Coinexx vs NSFX Trading Assets Comparison
Coinexx offers a wide range of trading assets, including 60+ currency pairs, 11 cryptocurrencies, 6 commodities, 13 indices, and 4 metals. Coinexx also allows trading with Bitcoin and other altcoins as base currencies.
NSFX offers a limited range of trading assets, including 50+ currency pairs, 3 commodities, and 13 indices. NSFX does not offer trading with cryptocurrencies or metals. NSFX only allows trading with USD, EUR, GBP, or JPY as base currencies.
Coinexx vs NSFX Trading Fees Comparison
Coinexx charges variable spreads and commissions on its trades. The spreads start from 0.0 pips on major currency pairs and depend on the market conditions and liquidity providers. The commissions are $2 per lot per side on all trading instruments.
NSFX charges variable or fixed spreads and commissions on its trades. The spreads vary depending on the account type and the trading instrument. The fixed spreads start from 3 pips on major currency pairs and the variable spreads start from 0.9 pips. The commissions are $8 per lot per side on ECN accounts and zero on other account types.
Coinexx vs NSFX Account Types Comparison
Coinexx offers only one account type for all its clients. The account has no minimum deposit requirement, no verification requirement, no trading restrictions, and no swap charges. The account offers a maximum leverage of 1:500 and a minimum trade size of 0.01 lot.
NSFX offers three account types for its clients: Standard, Professional, and ECN. The account types have different minimum deposit requirements ($300, $3,000, and $5,000 respectively), different spreads (fixed or variable), different commissions (zero or $8 per lot per side), and different trading platforms (MT4 or JForex). The account types offer a maximum leverage of 1:200 and a minimum trade size of 0.01 lot.
Coinexx vs NSFX Deposit Options Comparison
Coinexx only accepts deposits and withdrawals in cryptocurrencies. The supported cryptocurrencies are Bitcoin, Litecoin, Ethereum, Monero, Dash, Bitcoin Cash, Ripple, Tether USD (ERC20), Tether USD (Omni), USD Coin (ERC20), TrueUSD (ERC20), Paxos Standard Token (ERC20), Binance USD (ERC20), Dai Stablecoin (ERC20), Tether Gold (ERC20), Wrapped Bitcoin (ERC20), Chainlink Token (ERC20), Basic Attention Token (ERC20), OmiseGO (ERC20), Augur (ERC20), Golem Network Token (ERC20), Storj Token (ERC20), Zilliqa (ERC20), 0x Protocol Token (ERC20), Kyber Network Crystal (ERC20). Coinexx does not charge any fees for deposits or withdrawals.
NSFX accepts deposits and withdrawals in fiat currencies via various methods. The supported methods are credit/debit cards (Visa or Mastercard), bank wire transfers, Skrill, Neteller, Rapid Transfer, Klarna, Trustly, and Sofort. NSFX does not charge any fees for deposits, but may charge fees for withdrawals depending on the method and amount.
Coinexx vs NSFX Trading Platforms Comparison
Coinexx offers two trading platforms for its clients: MetaTrader 4 and MetaTrader 5. Both platforms are available as desktop, web, and mobile versions. The platforms support automated trading, one-click trading, pending orders, trailing stop, and various analytical tools.
NSFX offers two trading platforms for its clients: MetaTrader 4 and JForex. Both platforms are available as desktop, web, and mobile versions. The platforms support automated trading, one-click trading, pending orders, trailing stop, and various analytical tools.
Coinexx vs NSFX Analytical Tools Comparison
Coinexx does not provide any analytical tools or educational resources on its website. The only tools available are the ones integrated in the trading platforms.
NSFX provides various analytical tools and educational resources on its website. The tools include an economic calendar, a market news section, a technical analysis section, a trading calculator, and a trading signals service. The educational resources include a trading academy, a glossary, a FAQ section, and a blog.
Coinexx vs NSFX. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, trading goals, and risk appetite. However, here are some general advice.
- If you are looking for a regulated broker that offers investor protection, transparency, and fair competition, then NSFX might be a better option for you. NSFX is regulated by the MFSA in Malta and complies with the MiFID. NSFX also participates in the Maltese Investor Compensation Scheme, which covers up to €20,000 of eligible clients’ funds in case of broker’s failure.
- If you are looking for a broker that offers a wide range of trading assets, especially cryptocurrencies, then Coinexx might be a better option for you. Coinexx offers trading with 60+ currency pairs, 11 cryptocurrencies, 6 commodities, 13 indices, and 4 metals. Coinexx also allows trading with Bitcoin and other altcoins as base currencies.
- If you are looking for a broker that offers low trading fees, then you might want to compare the spreads and commissions of both brokers. Coinexx charges variable spreads and commissions on its trades. The spreads start from 0.0 pips on major currency pairs and the commissions are $2 per lot per side on all trading instruments. NSFX charges variable or fixed spreads and commissions on its trades. The spreads vary depending on the account type and the trading instrument. The fixed spreads start from 3 pips on major currency pairs and the variable spreads start from 0.9 pips. The commissions are $8 per lot per side on ECN accounts and zero on other account types.
- If you are looking for a broker that offers different account types, deposit and withdrawal options, trading platforms, and analytical tools, then you might want to check the features and services of both brokers. Coinexx offers only one account type for all its clients. The account has no minimum deposit requirement, no verification requirement, no trading restrictions, and no swap charges. NSFX offers three account types for its clients: Standard, Professional, and ECN. The account types have different minimum deposit requirements ($300, $3,000, and $5,000 respectively), different spreads (fixed or variable), different commissions (zero or $8 per lot per side), and different trading platforms (MT4 or JForex). Coinexx only accepts deposits and withdrawals in cryptocurrencies. NSFX accepts deposits and withdrawals in fiat currencies via various methods. Coinexx offers two trading platforms for its clients: MetaTrader 4 and MetaTrader 5. NSFX offers two trading platforms for its clients: MetaTrader 4 and JForex. Coinexx does not provide any analytical tools or educational resources on its website. NSFX provides various analytical tools and educational resources on its website.
