Coinexx vs Nexo
Coinexx Review 2023 | Nexo Review 2023 |
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2.5
Coinexx is #8 in our CFD broker rankings. |
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3.9
Nexo is #21 in our crypto broker rankings. |
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Coinexx is an unregulated broker that provides leverage up to 1:500 on forex, commodities, indices and cryptocurrencies with deep liquidity, pure ECN spreads and negative balance protection. The broker uses crypto as base currencies and has low minimum deposit requirements of 0.001 BTC. |
Nexo is a crypto trading platform that also acts as a gateway to DeFi crypto functions such as staking, borrowing and lending. The platform supports 60+ crypto tokens, which can be purchased with a fiat on-ramp and traded in 500+ market pairs. The exchange operates a zero-fee policy allowing a set number of completely free withdrawals per month and fee-free trading. |
Bonus Offer | |
100% Deposit Welcome Bonus | Loyalty scheme with various bonuses, plus referral program |
Comment by Reviewer | |
"Traders seeking highly leveraged CFDs with a broker that uses crypto as a base account currency will find a good match in Coinexx. The ECN model also offer tight spreads from 0 pips. On the downside, traders should note the weak regulatory oversight." | "Nexo is good for traders who want a straightforward way to access DeFi crypto markets and earn interest on their digital assets." |
Pros | |
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Cons | |
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Instruments | |
Forex, Commodities, Indices, Cryptocurrencies | Cryptos |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
0.001 BTC | $10 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | $30 |
Regulator | |
ASIC, FCEN | |
Margin Trading | |
Yes | No |
STP Account | |
No | No |
ECN Account | |
Yes | No |
DMA Account | |
Yes | No |
MAM Account | |
Yes | No |
PAMM Account | |
Yes | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Mobile Apps | |
iOS & Android | iOS & Android |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
MetaTrader | |
VPS Hosting | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade flexible CFDs on forex, commodities, indices and cryptos with tight spreads, fast execution, micro-lot trading and leverage up to 1:500. There are also no restrictions on day trading strategies. | CFD trading not offered |
Leverage | |
1:500 | |
FTSE Spread | |
From 0.0 pips | |
GBPUSD Spread | |
From 0.0 pips | |
Oil Spread | |
From 0.0 pips | |
Stocks Spread | |
NA | |
Forex Trading | |
Trade 70 major, minor and exotic forex pairs with ultra-low ECN spreads and fast execution via the MT4 or MT5 platforms. There are also zero SL/TP limits and automated forex trading is well catered for. | Forex trading not offered |
GBPUSD Spread | |
From 0.0 pips | |
EURUSD Spread | |
From 0.0 pips | |
EURGBP Spread | |
From 0.0 pips | |
Assets | |
60+ | |
Cryptocurrency | |
Trade CFDs on BTC, ETH, LTC and XRP with 1:5 leverage, market execution and 0.01 micro lot trading. However, we weren't impressed with the narrow choice of cryptos with no emerging, smaller-cap tokens available. | Nexo traders can buy and sell 60+ cryptocurrencies using fiat, or trade between 500+ market pairs. The app functions as a crypto wallet, meaning that clients will own their own tokens but Nexo will have custody of them. Crypto assets can be transferred from the Nexo wallet. Fees are low and user security is high. |
Spread | |
From 0.0 pips | N/A |
Coins | |
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Crypto Lending | |
No | Yes |
Crypto Mining | |
No | No |
Crypto Staking | |
No | Yes |
Auto Market Maker | |
No | No |
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More Comparisons | |
Coinexx vs |
Nexo vs |