XBTFX vs Coinexx

XBTFX vs Coinexx Comparison Table 2024
XBTFX	Coinexx
Review 2	Review 2.5

XBTFX is a fintech broker offering trading opportunities on 200+ instruments via the powerful MT4, MT5 or cTrader terminals. The low minimum deposit, copy trading services and competitive trading fees makes it an appealing brand for traders of all strategy types. The broker has a decent client base of 10,000.	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.
Bonus Offer
	100% Deposit Welcome Bonus
Comment by Reviewer
"Based on my assessment, XBTFX is a good choice for active traders looking for tight ECN spreads, low commissions and same-day withdrawals."	"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."
Pros
I'm a fan of the transparent ECN pricing model with competitive spreads from 0.01 pips and commissions of $3.50 per lot per side I was glad to see copy trading is available via the MT5 terminal or through the broker's PAMM/MAM accounts I appreciate the low minimum deposit requirement of $10 plus a demo account, making the brand suitable for beginners Standard, ECN and Islamic account types cater to various trading strategies that require different pricing models There are no deposit and withdrawal fees, plus I'm impressed that the broker facilitates same day withdrawal processing	ECN execution model with tight spreads from 0 pips Demo account available to prospective traders Full range of investments including cryptos MetaTrader 4 and MetaTrader 5 integration 100% deposit bonus for new clients Very high leverage up to 1:500 Free VPS for active traders
Cons
XBTFX is an unregulated broker meaning there are no requirements to comply with financial safeguarding measures for customers I noticed that there is quite limited educational content for beginners available and much of the financial market news is outdated I'm disappointed that the only funding currencies are EUR or cryptos	No fiat account funding options - crypto only Limited educational materials for new traders No copy trading service for aspiring investors No regulatory oversight reduces safety
Instruments
CFDs, Forex, Stocks, Cryptos, Commodities	Forex, Commodities, Indices, Cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$10	0.001 BTC
Trading Platforms
MT4 MT5 cTrader	MT4 MT5
Payment Methods
Bitcoin Payments	Bitcoin Payments Ethereum Payments
Minimum Trade
0.01 Lots	0.01 Lots
Margin Trading
Yes	Yes
STP Account
No	No
ECN Account
Yes	Yes
DMA Account
Yes	Yes
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Yes	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Social Trading
No	No
Trade Signals
	MetaTrader
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	No
Account Currencies
USD	USD
Stock Exchanges
Australian Securities Exchange (ASX) Deutsche Boerse Euronext Hong Kong Stock Exchange Japan Exchange Group New York Stock Exchange SIX Swiss Exchange Taiwan Stock Exchange	DAX GER 40 Index Dow Jones FTSE UK Index Hong Kong Stock Exchange S&P 500
Commodities
Oil Silver	Gold Natural Gas Oil Silver
CFD Trading
I found a fairly decent range of 200+ CFDs across 5 asset classes on the MT4, MT5 or cTrader terminals. I particularly like the copy trading solutions, STP execution and the fact that you can get started with just $10.	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.
Leverage
1:500	1:500
FTSE Spread
Variable	From 0.0 pips
GBPUSD Spread
Variable	From 0.0 pips
Oil Spread
Variable	From 0.0 pips
Stocks Spread
Variable	NA
Forex Trading
XBTFX offers a large list of 70+ major, minor and exotic currency pairs such as EUR/USD or GBP/JPY. I find spreads very competitive starting from 0.01 pips and leverage up to 1:500 for experienced investors.	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.
GBPUSD Spread
Variable	From 0.0 pips
EURUSD Spread
Variable	From 0.0 pips
EURGBP Spread
Variable	From 0.0 pips
Assets
79	60+
Cryptocurrency
There's an excellent range of 70+ cryptocurrency vs USD pairs such as BTC/USD, ETH/USD and XRP/USD with leverage up to 1:25. My tests also found competitive commission fees of 0.075%.	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.
Spread
Variable	From 0.0 pips
Coins
BTC BCH ETH LTC XRP BNB BAT DASH EOS ETC IOTA NEO OMG TRX XLM XMR ZEC ADA DOGE SOL DOT LINK MTC UNI ALG FIL MKR	BTC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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