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2023-12-23 07:10 Released in Japan Japan

Regarding Coinexx Malicious Denial of Withdrawals

Malicious Withdrawal Denials by Coinexx
This is a report of improper falsification of transaction records, improper swap collection, withdrawal denial, profit cancellation, etc.

[Warning.]
Users should withdraw funds and non-users should refrain from opening new accounts.
Below is a description of each piece of evidence and contradictory answers from emails and support.
The prerequisite is "there are no restrictions on trading strategies" as shown in the image. Is it true?

Unjustified reduction of profits and inability to withdraw funds.
As far as we can confirm, there were several victims, and the actual number of victims is believed to be even higher.
As a response, we reported to MetaQuote about the fraudulent damage caused by the denial of withdrawal.
In the past, when we reported other cases of fraudulent withdrawals (GemForex, FXfiar, etc.), MetaTrade's license was revoked, and we are concerned that Coinexx's license may be suspended and its business may be suspended as a result.
If the insincerity continues in the future, we believe that the damage report should be spread and the appropriate punishment should be taken.
[Wise people who saw this article
If you are a user, we recommend that you withdraw your funds.
After the license is suspended, new deposits will be cut off and further withdrawal refusals are expected.
If you are a new user, we recommend you to use another firm.
Spreads (EURUSD0.2~0.6) seem narrow, but slippage (EURUSD1.0~2.0) is terrible and actual trading costs are huge.
If you are a victim, please report to Meta Quotes.

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