Abstract:Coinexx has emerged as a nightmare for traders who once saw potential and profit in its platform. The problems lie in its lack of transparency, which has left many investors with a ZERO balance. Scamming investors by employing fraudulent tactics and introducing bogus trading rules is increasingly becoming its status symbol. The endless negative reviews of this scam broker are trending on various platforms. To expose the troubling investor experiences, we’ve compiled sharp complaints from verified users of Coinexx. Read on!

Coinexx has emerged as a nightmare for traders who once saw potential and profit in its platform. The problems lie in its lack of transparency, which has left many investors with a ZERO balance. Scamming investors by employing fraudulent tactics and introducing bogus trading rules is increasingly becoming its status symbol. The endless negative reviews of this scam broker are trending on various platforms. To expose the troubling investor experiences, weve compiled sharp complaints from verified users of Coinexx. Read on!
Illogical replies to investors over the growing disappearance of funds have been rampant at Coinexx. In one such case, an investor did not trade for a year and lost $7K. The company attributed account recycling as a reason for this loss, leaving the investor stunned.

Stunning, but true! The trader lost access to personal space as well as MT5 accounts, resulting in losses totaling $12,000.
In a case involving fund loss worth $24,000, the investor accused Coinexx of failing to submit proof that the former did not have any account balance. The account was inactive; however, the funds were available as per the accusation claim. Sharing a snapshot supporting the complaint.

In another case, an investor lost $5,064 within three days. While Coinexx claimed that it sent the verification code to the investor on the latter‘s email ID, the latter did not receive any such code. The company further claimed that the investor’s trading account and email account have been hacked. However, the investor did not find any breach related to the email account. This further adds to the forex scam that Coinexx is infamous for.

WikiFX, a renowned broker regulation inquiry app worldwide, empathizes with the problems investors continue to face while trading via Coinexx. Factoring in all these, WikiFX has given Coinexx a paltry score of 2.31 out of 10.
Here is your chance to meet the forex masterminds.
Join the WikiFX Masterminds Community, where forex discussion takes centre stage.
This is how you can join -
1. Scan the QR code placed right at the bottom.
2. Download the WikiFX Pro app.
3. Afterward, tap the ‘Scan’ icon placed at the top right corner
4. Scan the code again.
5. Congratulations, you are part of the community.


WikiFX has launched the “Inside the Elite” Interview Series, featuring outstanding members of the newly formed Elite Committee. During the committee’s first offline gathering in Dubai, we conducted exclusive interviews and gained deeper insights into regional market dynamics and industry developments. Through this series, WikiFX aims to highlight the voices of professionals who are shaping the future of forex trading — from education and compliance to risk control, technology, and trader empowerment.

Has eFX Markets taken away your deposited capital? Faced losses due to manipulative ‘stop loss and take profit’ orders? Were you denied fund withdrawals because you did not finish your trading lot? Did the broker lure you into trading through a fake welcome bonus and scam you later? Traders have accused the Virgin Islands-based forex broker of driving these fraudulent practices. In this eFX Markets review article, we have shared some complaints against the broker. Take a look!

Has OTET Markets scammed you by freezing your forex trading account? Were you caught off guard by hidden trading rules diminishing your trading gains? Is the Otet Markets withdrawal process too slow or negligent? Don’t you receive adequate support from the broker’s customer care department? You are not alone! Many traders have opposed the Saint Lucia-based forex broker for their alleged malicious tactics. In this Otet Markets review article, we have covered a series of complaints against the broker. Read on!

Have you witnessed a failure of order closure by the E-Global Forex executive? Did you see an unprecedented rise in a forex pair not available on platforms other than that of this broker? Did the slow trading server prevent you from closing your trade at a favorable price? Has the broker scammed you after earning you from your investment? Many traders have expressed disappointment over the unfair forex trading practices at the US-based forex broker. In this E-Global Forex review article, we have shared some complaints against the broker. Take a look!