Coinex-primefx-Overview of Minimum Deposit, Spreads & Leverage

General Information

Established in 2016，Coinex-primefx is a financial service provider allegedly registered in the United States, advertising that it offers over 2000 trading assets, offering 4/5 customer support.

Market Instruments

Coinex-primefx claims that it offers more than 2,000 trading instruments, including forex currency pairs, Crypto, stocks, and real estate.

Minimum Deposit

There are three types of trading accounts offered: Starter, Classic, and Planum. In terms of the minimum deposit, Coinex-PrimeFX sets that to $500. This is too high, for it because its minimum deposit is much higher than what its competition charges for a micro account – $10 at most.

Leverage

Coinex-PrimeFX may advertise leverage up to 1:500, but it does not provide such amounts. There is no leveraged trading available with the broker – and thus no leverage, plain and simple.

Spreads & Commissions

The spreads on forex currency pairs are as low as 0.2 pips, and crypto can be traded from 0.4 on 500 Pound. The commission charged for stocks trading is from 3 Pound.

Trading Platform Available

Coinex-PrimeFX is not a CFD broker and does not offer to trade, it does not have a traditional platform like Metatrader 5.

Deposit & Withdrawal

Coinex-PrimeFX allows traders to fund their trading accounts through VISA, MasterCard, Skrill, Paypal, Neteller.

Customer Support

The Coinex-PrimeFX customer support can be contacted 24/5 through email: pport@coiinex-promefx.com, telephone: +12403434748. You can also follow them on some social media platforms like Youtube, Facebook, Instagram, and Twitter. Company address: 3902 W Valley#206 Auburn,WA 98001 Washington DCUnitied State of America.