Compare IronFX vs Coinexx
What is IronFX? What is Coinexx?
IronFX is a global online broker that offers trading in forex, CFDs, metals, indices, commodities, futures, shares, and cryptocurrencies. It is regulated by several authorities, such as CySEC, ASIC, FCA, and FSCA. It has been operating since 2010 and has offices in over 60 countries.
Coinexx is a crypto forex broker that offers trading in forex and cryptocurrencies with low spreads and high leverage. It is not regulated by any authority and does not require any verification or minimum deposit. It was established in 2017 and accepts deposits in various altcoins.
Best Forex Brokers Ranking
| Rank | Broker | Review | Open Account | Bonus | Platform | Minimum Deposit | ECN |
|---|---|---|---|---|---|---|---|
| 1 | Exness |  | Open Exness account | 16$/lot | MT4, MT5, Exness, ... | 1$ | 10$ |
| 2 | IC Markets | | Open IC Markets account | - | MT4, MT5, cTrader | 200$ | 200$ |
| 3 | XM | | Open XM account | 30$ | MT4, MT5 | 5$ | - |
| 4 | XTB | | Open XTB account | 2000$ | MT4, xStation 5 | 1$ | 1$ |
| 5 | FBS | | Open FBS account | 140$ | MT4, MT5, FBS Trader | 1$ | 1000$ |
IronFX vs Coinexx Regulation Comparison
IronFX is regulated by multiple reputable regulators, such as the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) of the UK, and the Financial Sector Conduct Authority (FSCA) of South Africa. These regulators ensure that IronFX complies with the rules and standards of the financial industry and protects the interests of its clients.
Coinexx is not regulated by any authority and does not fall under any jurisdiction. This means that Coinexx does not have to follow any rules or regulations regarding its operations and services. However, this also means that Coinexx does not offer any protection or compensation to its clients in case of any issues or disputes.
IronFX vs Coinexx Trading Assets Comparison
IronFX offers a wide range of trading instruments, including over 80 forex pairs, CFDs on metals, indices, commodities, futures, shares, and cryptocurrencies. IronFX also offers spread betting for UK clients.
Coinexx offers trading in forex and cryptocurrencies only. It has over 60 forex pairs and 25 crypto pairs available for trading.
IronFX vs Coinexx Trading Fees Comparison
IronFX charges different fees depending on the account type and the trading instrument. IronFX has four account types: Live Floating Spread, Live Fixed Spread, Live Zero Fixed Spread, and STP/ECN No Commission. The Live Floating Spread account has variable spreads starting from 1.1 pips and no commissions. The Live Fixed Spread account has fixed spreads starting from 1.8 pips and no commissions. The Live Zero Fixed Spread account has fixed spreads starting from 0 pips and commissions of $18 per lot. The STP/ECN No Commission account has variable spreads starting from 0 pips and no commissions.
Coinexx charges low fees for its trading services. Coinexx has variable spreads starting from 0 pips and commissions of $2 per lot for both forex and crypto trading.
IronFX vs Coinexx Account Types Comparison
IronFX offers four account types: Live Floating Spread, Live Fixed Spread, Live Zero Fixed Spread, and STP/ECN No Commission. Each account type has different features and benefits, such as minimum deposit, leverage, execution type, spread type, commission rate, margin call level, stop out level, swap free option, etc. IronFX also offers a demo account for practice and an Islamic account for swap free trading.
Coinexx offers only one account type for all its clients. Coinexx does not have any minimum deposit requirement or verification process. Coinexx allows its clients to choose their base currency from five options: BTC, ETH, USD, LTC, or XRP. Coinexx also offers a leverage of up to 500:1 for both forex and crypto trading. Coinexx does not have a demo account or an Islamic account.
IronFX vs Coinexx Deposit Options Comparison
IronFX offers various deposit and withdrawal options for its clients. IronFX accepts payments via credit/debit cards, wire transfer, Skrill, Neteller, UnionPay, Perfect Money, local bank transfer, FasaPay, crypto currencies (Bitcoin and Ethereum), etc. IronFX does not charge any fees for deposits or withdrawals. However, some payment methods may have their own fees or limitations.
Coinexx only accepts deposits and withdrawals in crypto currencies. Coinexx supports 25 altcoins for payments, such as Bitcoin, Litecoin, Ethereum, Monero, Dash, etc. Coinexx does not charge any fees for deposits or withdrawals. However, some crypto networks may have their own fees or delays.
IronFX vs Coinexx Trading Platforms Comparison
IronFX provides its clients with access to the MetaTrader 4 and MetaTrader 5 trading platforms. These platforms are widely used and trusted by traders around the world. They offer advanced trading features, such as charting tools, indicators, expert advisors, scripts, etc. IronFX also offers one-click trading, trailing stop, and pending orders on its platforms.
Coinexx also provides its clients with access to the MetaTrader 4 and MetaTrader 5 trading platforms. Coinexx offers the same features and functions as IronFX on its platforms. Coinexx also offers one-click trading, trailing stop, and pending orders on its platforms.
IronFX vs Coinexx Analytical Tools Comparison
IronFX offers various analytical tools and resources for its clients to enhance their trading performance and knowledge. IronFX provides market news, economic calendar, market analysis, trading signals, webinars, seminars, ebooks, videos, etc. IronFX also offers free education for both beginner and professional traders.
Coinexx does not offer any analytical tools or resources for its clients. Coinexx only provides basic information about its services and features on its website. Coinexx does not offer any market news, economic calendar, market analysis, trading signals, webinars, seminars, ebooks, videos, etc. Coinexx also does not offer any free education for its clients.
IronFX vs Coinexx. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that depends on your personal preferences, goals, and trading style. There is no definitive answer to which forex broker is better, as different brokers may suit different traders better. However, here are some possible factors that you may want to consider when choosing between IronFX and Coinexx:
- Regulation: If you value security and protection, you may prefer IronFX, as it is regulated by multiple reputable authorities that ensure its compliance and accountability. IronFX also offers compensation schemes for its clients in case of insolvency or bankruptcy. Coinexx, on the other hand, is not regulated by any authority and does not offer any protection or compensation to its clients. This means that you may face higher risks and uncertainties when trading with Coinexx.
- Trading Assets: If you want to diversify your portfolio and trade a wide range of instruments, you may prefer IronFX, as it offers trading in forex, CFDs, metals, indices, commodities, futures, shares, and cryptocurrencies. IronFX also offers spread betting for UK clients. Coinexx, on the other hand, only offers trading in forex and cryptocurrencies. This means that you may have fewer options and opportunities when trading with Coinexx.
- Trading Fees: If you want to save costs and trade with low fees, you may prefer Coinexx, as it offers low spreads and commissions for both forex and crypto trading. Coinexx also does not charge any fees for deposits or withdrawals. IronFX, on the other hand, charges different fees depending on the account type and the trading instrument. IronFX also has higher spreads and commissions than Coinexx for some instruments.
- Account Types: If you want to have more flexibility and customization in your trading account, you may prefer IronFX, as it offers four account types with different features and benefits. IronFX also offers a demo account for practice and an Islamic account for swap free trading. Coinexx, on the other hand, only offers one account type for all its clients. Coinexx does not have any minimum deposit requirement or verification process. Coinexx also does not offer a demo account or an Islamic account.
- Deposit and Withdrawal Options: If you want to have more convenience and accessibility in your payment methods, you may prefer IronFX, as it offers various deposit and withdrawal options, such as credit/debit cards, wire transfer, Skrill, Neteller, UnionPay, Perfect Money, local bank transfer, FasaPay, crypto currencies (Bitcoin and Ethereum), etc. IronFX also does not charge any fees for deposits or withdrawals. Coinexx, on the other hand, only accepts deposits and withdrawals in crypto currencies. Coinexx supports 25 altcoins for payments, but some crypto networks may have their own fees or delays.
- Trading Platforms: If you want to have more consistency and familiarity in your trading platforms, you may prefer either broker, as both offer access to the MetaTrader 4 and MetaTrader 5 trading platforms. These platforms are widely used and trusted by traders around the world. They offer advanced trading features, such as charting tools, indicators, expert advisors, scripts, etc. Both brokers also offer one-click trading, trailing stop, and pending orders on their platforms.
- Analytical Tools: If you want to have more support and guidance in your trading performance and knowledge, you may prefer IronFX, as it offers various analytical tools and resources, such as market news, economic calendar, market analysis, trading signals, webinars, seminars, ebooks, videos, etc. IronFX also offers free education for both beginner and professional traders. Coinexx, on the other hand, does not offer any analytical tools or resources for its clients. Coinexx only provides basic information about its services and features on its website.
These are some of the main factors that you may want to consider when choosing between IronFX and Coinexx. However, there may be other factors that are important to you, such as customer service, reputation, user reviews, etc.
