COXIGO Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-08 13:54

Abstract：Founded in 2023, COXIGO is an unregulated broker registered in Comoros, offering trading on forex, commodities, indices, stocks, and cryptocurrencies with leverage up to 500:1 via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is $100.

COXIGO Review Summary
Founded	2023
Registered Country/Region	Comoros
Regulation	No regulation
Market Instruments	40+ Currencies, 5+ Cryptocurrencies (Bitcoin, Litecoin, Ethereum, etc.), 75+ CFDs on Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities
Demo Account	✅
Leverage	500:1
EUR/ USD Spread	/
Trading Platform	MT5 (PC, Mobile)
Minimum Deposit	$100
Customer Support	Phone: +97150935206
	Email: info@coxigomarkets.com
	Office No. MF- 099, Golden Eyes Business Center, Al Muteena Area, Deira, Dubai, UAE
	Address: Moheli Corporate Services LTD P.B. 1257 Bonovo Road, Fomboni, Comoros, KM
Regional Restrictions	United States, Cuba, Iraq, Myanmar, North Korea, Sudan

COXIGO Information

　　Founded in 2023, COXIGO is an unregulated broker registered in Comoros, offering trading on forex, commodities, indices, stocks, and cryptocurrencies with leverage up to 500:1 via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is $100.

Pros & Cons

Pros	Cons
MT5 supported	No regulation
Fraud protection measures provided	Unclear trading conditions
Variety of trading instruments	Regional restrictions
Demo accounts available

Is COXIGO Legit?

　　COXIGO asserts that it provides protection measures such as securing funds with reputable banks and maintaining a strategy that keeps client funds separate from operational capital to ensure the safety of clients money.

　　However, it currently has no valid regulations. Please be aware of the risk!

Market Instructments

　　On COXIGO, you can trade 40+ Currencies, 5+ Cryptocurrencies (Bitcoin, Litecoin, Ethereum, etc.), and 75+ CFDs on Gold, Silver, Stocks, Stock Indexes, Oil, and Other Commodities.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Stocks	✔
Cryptocurrencies	✔
Bonds	❌
Options	❌
ETFs	❌

Trading Platform

　　COXIGO provides its clients with the popular MT5 trading platform, which is a comprehensive and technologically advanced platform that offers a wide range of features and tools for traders.

　　One of the key strengths of the COXIGO MT5 platform is its advanced charting capabilities. Traders can customize their charts with multiple timeframes, indicators, and drawing tools to conduct technical analysis efficiently.