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!
Top Investor Complaints Against Coinexx
Funds Stolen Under the Pretext of Account Recycling
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.
$12,000 Lost as Trading Account Gets Blocked
Stunning, but true! The trader lost access to personal space as well as MT5 accounts, resulting in losses totaling $12,000.
Coinexx Unable to Justify Missing Funds
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.
Conflicting Statements Between Coinexx and the Investor Over Account Hacking
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.
The Score from WikiFX
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.
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