What is KoinFX Trade?
KoinFX Trade is a forex and CFD broker based in United Kingdom, listed with a foundation year of 2021. It offers leverage up to 1:10, spreads from 0.1 pips and a minimum deposit of $100. Clients trade on Web Trading and on mobile.
KoinFX Trade is an online trading broker that trades on Forex, Indices, Energies, Cryptos, Shares, Options, and ETFs. This broker is 100% transparent with its clients. This broker has values and these are clients, reliability, simplicity, and speed. This broker spends a lot of time providing education for their clients.
This broker has four types of accounts for their clients. All of these accounts have different levels of minimum deposits. Clients can choose their desired accounts according to their trading needs and investment capabilities. All these four accounts are named Starter, Silver, Gold, and Platinum. The starter account requires a $100 minimum deposit and the deposit is limited to $4,999 for this account. The silver account requires a $5000 minimum deposit and the deposit limit is $9,999. The Gold account starts with a $10,000 deposit and the deposit is limited to $49,999. The Platinum account starts with $50,000 and a client can invest $100,000 in this account.
Is KoinFX Trade safe and regulated?
KoinFX Trade is regulated by KoinFX Trade has no valid regulatory. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
KoinFX Trade account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $100 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | No |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
KoinFX Trade provides Web Trading, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.1 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:10 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
KoinFX Trade supports 4 funding methods, including Ethereum, Bitcoin, Litecoin, PerfectMoney. Accounts can be held in 2 base currencies (USD, EUR), which helps you avoid conversion fees.
KoinFX Trade bonus: <p>This broker is not providing any welcome bonus</p>
How the promotion works
The current KoinFX Trade promotion is <p>This broker is not providing any welcome bonus</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the KoinFX Trade website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
KoinFX Trade pros and cons
Pros
- Raw spreads from 0.1 pips
- Scalping and hedging allowed
- News trading allowed
- VIP, Mini and managed accounts
Cons
- Only offshore regulation
- No investor compensation scheme
- $100 minimum deposit is higher than some rivals
- Web Trading only in our listing, no MT4/MT5 confirmed
- No Islamic account listed
How to open a KoinFX Trade account
- RegisterVisit the KoinFX Trade website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $100 with Ethereum, Bitcoin, Litecoin or another method.
- Start tradingLog in to Web Trading or the mobile app and set your risk per trade.
Is KoinFX Trade a good broker? Our verdict
KoinFX Trade suits active traders who want raw spreads, freedom to scalp or trade the news. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.