CoinMama vs Finexo

Coinmama vs Finexo Comparison Table 2024
Coinmama	Finexo
Review 2.9	Review Not Yet Rated

Coinmama is a popular cryptocurrency exchange that aims to provide streamlined and user-friendly cryptocurrency trading options to the retail market. Traders can buy a range of tokens via a fiat on-ramp, store their tokens in a third-party wallet and earn loyalty bonuses for trading with Coinmama. Millions of clients from over 180 countries have signed up to the firm.	Finexo is a multi-asset online broker regulated by the CySEC.
Comment by Reviewer
"New crypto investors looking to buy and sell popular tokens like Bitcoin with fiat currency will appreciate Coinmama. We particularly rated the loyalty program as a way to reduce fees."
Pros
Diverse methods to buy crypto with fiat including e-wallets, SEPA, bank transfers and SWIFT Save on fees and commissions with larger deposits Choice of third-party wallets to store your tokens Used by more than 3 million crypto investors Straightforward to use for beginners Loyalty bonuses with fee discounts
Cons
No iOS mobile app for iPhone and poor quality Android (APK) app No direct crypto trading – clients must first purchase BTC or ETH Poor selection of cryptocurrencies compared to competitors High commissions from 2.93% for the highest tier account User reviews reveal some quality issues Limited wallet compatibility vs MetaMask
Instruments
Cryptos	Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds
Demo Account
No	Yes
Minimum Deposit
$30	$100
Trading Platforms
Own	MT4 TradingCentral
Payment Methods
Apple Pay Credit Card Debit Card Google Wallet Skrill Swift Wire Transfer	Neteller Skrill Visa
Minimum Trade
$30 to buy, $100 to sell	0.01 Lots
Regulator
FinCEN, FINTRAC	CySEC
Margin Trading
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
Android only	Yes
Auto Trading
	Yes
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	Yes
Account Currencies
USD EUR GBP CAD AUD JPY
Commodities
	Cocoa Gold Natural Gas
CFD Trading
CFD trading not offered	Trade online CFDs across multiple markets with up to 1:30 leverage.
Leverage
	1:30
FTSE Spread
	2
GBPUSD Spread
	3
Oil Spread
	0.05
Stocks Spread
	Vairable
Forex Trading
Forex trading not offered	Trade major, minor and exotic FX pairs.
GBPUSD Spread
	3
EURUSD Spread
	3
EURGBP Spread
	4
Assets
	55+
Cryptocurrency
Buy, hold and sell 16 crypto tokens including major players like BTC and ETH and lesser-known tokens such as LRC. Use a range of fiat currencies to buy the digital assets, including USD. Cryptos are stored in third-party wallets.	Go long and short on cryptocurrency coins.
Spread
From 2.93% to 3.90%. Express fees of 0-5.00% also apply.	Variable
Coins
BTC ETH LTC BCH XRP DOGE UNI LINK XTZ	BTC LTC ETH DASH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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