Ikhtisar:CoinXGlobal is a forex broker registered in Seychelles, offering leverage up to 1:500 and three popular trading platforms (MetaTrader4, MetaTrader5 and cTrader) to choose from. However, its current regulatory status is suspicious clone and the minimum deposit requirement to open a live account is as high as $300.
Note: CoinXGlobal's official website: https://coinxglobal.com/ is currently inaccessible normal.
CoinXGlobalReview Summary | |
Founded | / |
Registered Country/Region | Seychelles |
Regulation | ASIC/CySEC (Suspicious Clone) |
Market Instruments | Forex |
Demo Account | / |
Leverage | Up to 1:500 |
Spread | / |
Trading Platform | MetaTrader4, MetaTrader5 and cTrader |
Min Deposit | $300 |
Customer Support | Tel: +248 467 19 76 |
Email: support@coinxglobal.com | |
Address: Eden Plaza, Office 209, Eden Island, Mahe, Seychelles |
CoinXGlobal is a forex broker registered in Seychelles, offering leverage up to 1:500 and three popular trading platforms (MetaTrader4, MetaTrader5 and cTrader) to choose from. However, its current regulatory status is suspicious clone and the minimum deposit requirement to open a live account is as high as $300.
Pros | Cons |
Multiple investment plans | Inaccessible website |
Popular trading platforms | Suspicious clone licenses |
High minimum deposit | |
Limited payment options |
No, CoinXGlobal currently has no valid regulations. Instead, only two suspicious clone licenses. Please be aware of the risk!
Australia Securities & Investment Commission (ASIC) | |
Regulatory Status | Suspicious Clone |
Regulated by | Australia |
Licensed Institution | INTERNATIONAL CAPITAL MARKETS PTY. LTD. |
Licensed Type | Market Making (MM) |
Licensed Number | 335692 |
Cyprus Securities and Exchange Commission (CySEC) | |
Regulatory Status | Suspicious Clone |
Regulated by | Cyprus |
Licensed Institution | IC Markets (EU) Ltd |
Licensed Type | Market Making (MM) |
Licensed Number | 362/18 |
CoinXGlobal offers four investment plans: Silver, Diamond, Gold and Executive.
Investment Plan | Min Deposit |
Silver | 300 USD |
Diamond | 1,000 USD |
Gold | 5,100 USD |
Executive | 1,100 USD |
CoinXGlobal offers leverage up to 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop, Web and Mobile | Beginners |
MT5 | ✔ | Desktop, Web and Mobile | Experienced traders |
cTrader | ✔ | Desktop, Web and Mobile | Experienced traders |
Although CoinXGlobal claims that it accepts deposits and withdrawals via Skrill, PayPal, Neteller, VISA and Mastercard. Actually, traders only can pay through bitcoins, bank wire transfers and an obscure payment provider called Mpesa.