Compare Land-FX vs Coinexx
What is Land-FX? What is Coinexx?
Land-FX is a licensed forex and CFD broker operating in over 200 countries. It offers trading services through the MT4 and MT5 platforms, with competitive spreads, leverage, and bonuses. Coinexx is an ECN broker that offers trading on forex, commodities, indices, and cryptocurrencies. It also uses the MT4 and MT5 platforms, with tight spreads, high leverage, and a welcome bonus.
Land-FX vs Coinexx Regulation Comparison
Land-FX is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Financial Services Authority (FSA) in Saint Vincent and the Grenadines. Coinexx is not regulated by any authority and operates as an offshore broker.
Land-FX vs Coinexx Trading Assets Comparison
Land-FX offers a range of trading assets, including 67 forex pairs and two-dozen CFDs on metals, energies, stock indices, and cryptocurrencies. Coinexx offers a similar range of assets, with 80+ instruments covering forex, commodities, indices, and cryptocurrencies.
Land-FX vs Coinexx Trading Fees Comparison
Land-FX charges variable spreads depending on the account type and market conditions. The average spread for EUR/USD is 0.9 pips for the standard account and 0 pips for the ECN account. Land-FX also charges a commission of $0.3 per lot for the ECN account. Coinexx charges zero spreads for all account types and only a commission of $2 per lot for forex and $0.25 per lot for cryptocurrencies.
Land-FX vs Coinexx Account Types Comparison
Land-FX offers four account types: standard, ECN, swap-free, and VIP. The minimum deposit for the standard account is $10, while the ECN account requires $1000. The swap-free account is designed for Islamic traders who want to avoid interest charges. The VIP account is for high-volume traders who can enjoy lower commissions and priority services.
Coinexx offers only one account type with no minimum deposit requirement. The account can be denominated in USD, EUR, or any of the 25 supported cryptocurrencies.
Land-FX vs Coinexx Deposit Options Comparison
Land-FX supports various deposit and withdrawal methods, including credit/debit cards, bank transfers, e-wallets (Neteller, Skrill, Perfect Money), and Sticpay. The processing time varies from instant to 3-5 business days depending on the method.
Coinexx only accepts deposits and withdrawals in cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, Dash, etc. The transactions are fast and secure with no fees charged by the broker.
Land-FX vs Coinexx Trading Platforms Comparison
Land-FX and Coinexx both provide access to the popular MT4 and MT5 trading platforms. These platforms are compatible with Windows and Mac computers as well as iOS and Android mobile devices. They offer advanced charting tools, indicators, EAs, scripts, and market news. They also support social trading through ZuluTrade (for Land-FX) and copy trading through Expert Advisors (for both brokers).
Land-FX vs Coinexx Analytical Tools Comparison
Land-FX and Coinexx both offer analytical tools to help traders make informed decisions. Land-FX provides daily market analysis, economic calendar, trading signals from Trading Central, VPS hosting service, and educational resources for beginners.
Coinexx provides market news feed from FXStreet, economic calendar from Myfxbook, VPS hosting service, and a blog with trading tips.
Land-FX vs Coinexx. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences and trading goals. However, here are some general advice:
- If you are looking for a regulated broker that offers a variety of trading assets, low spreads, and multiple account types, you might prefer Land-FX. However, you should be aware that Land-FX charges a commission for the ECN account and has different deposit and withdrawal methods depending on your location.
- If you are looking for an unregulated broker that offers zero spreads, high leverage, and a welcome bonus, you might prefer Coinexx. However, you should be aware that Coinexx only accepts cryptocurrencies as payment methods and has no customer support phone number .
Ultimately, the decision is yours to make. You should do your own research and test the brokers with a demo account before opening a live account.
