Compare Coinexx vs RoboMarkets
What is Coinexx? What is RoboMarkets?
Coinexx is a forex and cryptocurrency broker that offers trading on over 200 instruments, including currency pairs, metals, indices, commodities, and crypto assets. Coinexx claims to provide pure ECN spreads, high leverage, low commissions, and fast execution. Coinexx is not regulated by any authority and does not require any verification from its clients.
RoboMarkets is a multi-asset broker that offers trading on over 12,000 instruments, including stocks, indices, metals, energy, commodities, forex, and cryptocurrencies. RoboMarkets provides competitive spreads, low commissions, various account types, and advanced trading platforms. RoboMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and is a member of the Investor Compensation Fund (ICF)
Coinexx vs RoboMarkets Regulation Comparison
Coinexx is not regulated by any authority and does not follow any local or international laws or regulations. This means that Coinexx clients have no legal protection or recourse in case of any disputes or issues with the broker. Coinexx also does not provide any information about its company background, location, or ownership on its website.
RoboMarkets is regulated by the CySEC with license number 191/13 and is registered with the Spanish National Securities Market Commission (CNMV) with number 3576. RoboMarkets follows the European Union legislation and complies with the current requirements to ensure the safety and security of its clients’ funds and data. RoboMarkets also provides transparent information about its company history, milestones, and partners on its website.
Coinexx vs RoboMarkets Trading Assets Comparison
Coinexx offers trading on over 200 instruments, including 60+ currency pairs, 35+ metals, 15+ indices, 10+ commodities, and 100+ crypto assets. Coinexx does not offer trading on stocks or ETFs.
RoboMarkets offers trading on over 12,000 instruments, including more than 3,000 stocks listed on NYSE and NASDAQ, over 100 ETFs, 40+ currency pairs, 10+ metals, 15+ indices, 10+ energy commodities, 10+ soft commodities, and 30+ crypto assets. RoboMarkets also offers fractional shares trading on certain US stocks.
Coinexx vs RoboMarkets Trading Fees Comparison
Coinexx charges low commissions on its trading accounts, ranging from $2 to $3.5 per lot per side depending on the account type. Coinexx also claims to offer spreads from 0 pips on its ECN accounts. However, Coinexx does not provide any information about its average or typical spreads on its website or trading platforms. Coinexx does not charge any deposit or withdrawal fees but may apply conversion fees for certain payment methods.
RoboMarkets charges different commissions depending on the account type and the instrument traded. For example, RoboMarkets charges $2 per lot per side for forex trading on its ECN accounts and $0.015 per share for US stock trading on its R StocksTrader platform. RoboMarkets also offers spreads from 0 pips on its Prime accounts and provides information about its average and typical spreads on its website and trading platforms. RoboMarkets does not charge any deposit fees but may charge withdrawal fees for certain payment methods.
Coinexx vs RoboMarkets Account Types Comparison
Coinexx offers four account types: Pro ECN Account, Scalper Account, Classic Account, and Crypto Account. All account types have a minimum deposit of 0.001 BTC and a maximum leverage of 500:1. All account types allow trading on all instruments except for the Crypto Account which only allows trading on crypto assets. All account types have different spreads and commissions depending on the instrument traded.
RoboMarkets offers six account types: Pro Account, ISK Account (for Swedish clients), R StocksTrader Account (for stock trading), Prime Account (with premium conditions), ECN Account (for professional traders), and Demo Account (for practice). The minimum deposit varies from $100 to $500 depending on the account type. The maximum leverage ranges from 30:1 to 500:1 depending on the instrument traded. The account types have different spreads and commissions depending on the instrument traded.
Coinexx vs RoboMarkets Deposit Options Comparison
Coinexx only accepts deposits and withdrawals in cryptocurrencies, such as Bitcoin, Litecoin, Ethereum, Dash, and more. Coinexx does not accept any fiat currencies or payment methods, such as credit cards, bank transfers, or e-wallets. Coinexx does not charge any deposit or withdrawal fees but may apply conversion fees for certain cryptocurrencies.
RoboMarkets accepts deposits and withdrawals in both fiat currencies and cryptocurrencies, such as USD, EUR, GBP, BTC, ETH, and more. RoboMarkets also accepts various payment methods, such as credit cards, bank transfers, e-wallets, and more. RoboMarkets does not charge any deposit fees but may charge withdrawal fees for certain payment methods. RoboMarkets also offers free withdrawal of funds twice a month
Coinexx vs RoboMarkets Trading Platforms Comparison
Coinexx offers two trading platforms: MetaTrader 4 and MetaTrader 5. These are popular and widely used platforms that offer charting and analytical tools, indicators, expert advisors, scripts, and more. Coinexx clients can access these platforms via desktop, web, or mobile versions.
RoboMarkets offers three trading platforms: MetaTrader 4, MetaTrader 5, and R StocksTrader. MetaTrader 4 and MetaTrader 5 are similar to Coinexx’s platforms but with some additional features and improvements. R StocksTrader is a proprietary web platform that offers access to trading over 12,000 instruments, including stocks, ETFs, indices, commodities, forex, and cryptocurrencies. RoboMarkets clients can access these platforms via desktop, web, or mobile versions.
Coinexx vs RoboMarkets Analytical Tools Comparison
Coinexx does not offer any analytical tools or services on its website or trading platforms. Coinexx clients have to rely on their own research and analysis or use external sources to make informed trading decisions.
RoboMarkets offers various analytical tools and services on its website and trading platforms. These include market news and analysis, economic calendar, trading signals, trading calculators, webinars and seminars, educational materials, and more. RoboMarkets clients can use these tools and services to enhance their trading knowledge and skills.
Coinexx vs RoboMarkets. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading preferences, goals, and risk appetite. However, here are some general advice and recommendations.
- If you are looking for a regulated and reputable broker that offers a wide range of trading instruments, competitive fees, various account types, and advanced trading platforms, then RoboMarkets may be a better choice for you. RoboMarkets is regulated by the CySEC and is a member of the ICF, which means that your funds and data are protected by the European Union legislation. RoboMarkets also offers trading on over 12,000 instruments, including stocks, ETFs, indices, commodities, forex, and cryptocurrencies. RoboMarkets also provides various analytical tools and services to help you improve your trading skills and knowledge.
- If you are looking for a broker that offers high leverage, low commissions, and fast execution on forex and cryptocurrency trading, then Coinexx may be a better choice for you. Coinexx offers trading on over 200 instruments, including 60+ currency pairs and 100+ crypto assets. Coinexx also claims to offer pure ECN spreads from 0 pips on its ECN accounts. However, you should be aware that Coinexx is not regulated by any authority and does not require any verification from its clients. This means that you have no legal protection or recourse in case of any disputes or issues with the broker. Coinexx also does not accept any fiat currencies or payment methods, which may limit your deposit and withdrawal options.
Ultimately, the best forex broker for you is the one that meets your trading needs and expectations. You should always do your own research and analysis before choosing a broker and opening an account. You should also read the terms and conditions of the broker carefully and understand the risks involved in trading.
