I would like to give my up-vote for Turnkeyforex.com to trusted broker status as well.
They have my vote of confidence for their client support services, timely deposit and withdrawal (been tested more than a few times ) along with the spreads & commission that they offer( I use the ECN account only).
To me they have proved themselves to be a Trusted broker.
COINEXX FIRST LOOK
Looks like a competitor to Evolve.Markets with more
crypto choicesā¦ Great pricing, commish and other terms, MT5
onlyā¦ [EDIT] in another area they say MT4 so a bit confusing
on which MetaTrader platforms are supportedā¦ As with
Evolve.Markets possibly new accounts MT5 onlyā¦
[EDIT2] They also mention āfiatā currency accounts, as well
as cryptos, so it is not clear what those choices would be,
some ambiguities on the website itself on a few issuesā¦
Overall, looks really promising !
I did not look into U.S. persons availability but my guess is āyesā.
They are not āsolicitingā U.S. persons, clearly, so they would be
CFTC compliant in that regard 
hyperscalper
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Should we designate Turnkey Forex (UK) as a Trusted Broker?
Over the past month, three of our members ā HyperScalper, whywescalp, and theforexalgo --have recommended designating Turnkey Forex as our fifth Trusted Broker.
This is a call for additional votes, for or against this designation.
If you have PERSONAL experience trading LIVE with Turnkey Forex, please post your opinion on this recommendation.
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Hi Clint! i split my trading between turnkey and finpro. they are deserve to be in the trusted list. have been with them past one year without issues. Good conditions and responsive support team
@HyperScalper @SmallPaul i have an account with them. Shifted from evolve. They donāt accept fiat and offer MT5 only as a trading platform. And a friend of mine from US also trades with them. Spreads and comm are most competitive. you can literally see negative spreads during european & asian sessions. Though i have a small account with them but they seem very promising. particularly pleased that they have chat on their website as opposed to evolve.
coinexx sounds very promising 
, they accept most of the major crypto pairs for deposit, they have accounts denominated in Bitcoins, Litecoins, etherum, bitcoin cash , their chat support tells me that it is possible to have a USD denominated account with them as well AND they dont accept fiat as a method of payment. All deposits and withdrawals are based on cryptos, you can ALSO get withdrawals in any of the major cryptos so both deposits and withdrawals sounds extremely good. Since they only transact in cryptos, we dont have to go through long and cumbersome process of account verification (in a way similar to how evolve guys are). I looked at their spreads and they clearly are a notch better than our best brokers. Obviously @HyperScalper can give us better insights into their spreads compared to our top brokers.
Im going to open an account with coinexx and will share my experience with you guys. So far what I have seen, they look extremely good and totally worth a small test deposit.
thanks @SmallPaul for sharing the info. This broker is everything that I have been looking for
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MT5 āHEDGINGā MULTI-POSITION MODE?
Moving from MT4 to MT5, we are accustomed to an account
which is not a ānet positionā account, but one which allows for
multiple positions in a Forex symbol to be accounted for
separately, and even āhedgedā in opposite directionsā¦
(Multiple āticketsā are retained, and not collapsedā¦)
So far, what Iāve seen with MT5 accounts is the expected
"hedging" or multi-position approach to the account setup,
and I assume this is true with Coinexx. Do you know?
This retains compatibility with MT4-based accounts, in the
new MT5 environment. To be clear, I never take opposite side
positions in the same symbol, but some traders doā¦ But I
do rely on the discrete Ticket information being preserved,
as opposed to a ānet positionā approach which Iād say nearly
nobody really wantsā¦
[EDIT] this is a big deal for me, since I use NJ4X across both
MT4 and MT5 accounts, and my control logic would be completely
disrupted with a ānet positionā account typeā¦
hyperscalper
1 Like
Turnkey Forex and Coinexx
Recent posts indicate agreement that:
1. We should designate Turnkey Forex (UK) as a Trusted Broker 
, and
2. We should add Coinexx (Scotland, UK) to Group 1 of our List.
If the consensus of the group remains positive for these two actions, I will make the appropriate changes to the List before Monday morning.
If there are objections to any of this, now is the time to speak up.
Here is the data I have collected on Coinexx. Please review the following, and post any necessary changes as soon as possible.
If no changes are required, this is how the Coinexx listing will appear in Group 1 (post #1):
ā¢ Coinexx (Scotland, UK)
Type: ECN.
Regulator: not regulated.
Accounts: standard, PAMM, and MAM. ā Segregated customer funds.
Account currencies: Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and USD.
Other products: commodities, stock indices, CFDās, and cryptocurrencies.
Platform: MT5. ā Server time zone: GMT+3 (eastern Europe).
Min. initial deposit: 0.001 BTC.
Max. leverage: 500:1.
Min. position size: micro-lot (0.01 std. lot).
Spreads: EUR/USD 0.02 pips average. ā Commission: 2 USD per std. lot, round-turn.
Bitcoin, Litecoin, Ethereum, Dash, plus 25 other cryptos accepted as payment options.
Website: https://coinexx.com/
Email: [email protected]
Telephone: ___________________
Hello Clint. Based on what I read on their website as per the following link :
https://coinexx.com/commission_calculator
Their commission is $2 per std, round-turn
My personal opinion, I think we should add turnkeyforex to trusted broker and coinexx to our list. In fact on crypto front I havenāt seen a better broker yet than coinexx. I have just opened an account with them. I will fund the account this week and will share my experience
Youāre right. I will fix that.
The List has been updated.
With the addition of Coinexx to Group 1, we now have (once again) 13 offshore brokers who welcome our business.
And, with the addition of Turnkey Forex to the elite group, we now have 5 brokers who are designated as Trusted Brokers
My sincere thanks go to all of you who have contributed to this effort to find and vet offshore brokers that we can deal with and trust. This thread is the valuable resource that it is, because of your contributions.
2 Likes
RE: FINPROTRADING WIRE TRANSFERS
Has anyone experienced delays? Personally, I use
crypto-based transfers, but Iām asking for a friend
who uses wire transfers and has noticed a long
delay to his bank.
[EDIT] my friend lives in Hawaii and I understand
they have banned crypto there, which leaves
wire transfers in fiat currency as the only alternativeā¦
hyperscalper
Hi Clint and all the others,
I havenĀ“t posted for a while, but thought I might have some information to think about.
Previously I have come through many brokers and a good indication to me about the broker itself was how much they tell about themselves.
I went on the āAbout usā section at Coinexx where they start with āWho we are?ā What got my attention is they start with that question and then they do not answer it. In fact they do not give a single information about the company.
I checked on google the address they have on their website. Google lists a number of companies that are listed under that given address, Coinexx is not on that list (this however does not mean 100% that they are not operating there).
The last concern I have is the server time. Clint stated it is GMT+3. I am not an IT guy so hyperscalper is needed here to give some information on my assumption. I usually see/thought that a server is located where the broker is based. This is important as the address is in Scotland while GMT+3 is a time zone including Russia, Israel and maybe Cyprus in one part of the year. These are exactly those countries where I would need the most confirmation to put my money in Forex as they are for me the countries from where they want to suck out my last pennies. As I said, with this server issue maybe hyper can give us some more info how it works.
Thanks,
FE
Hello @ForExchange , these are good points. However, I have an alternate view to both the points raised by you (I will be happy to be proved wrong)
First: Server time of coinexx is GMT +3 , and that is actually what it technically is the ideal time. Please take a look at this thread from babypips that talks about market open and close times
You will see that if the server time is GMT +3 during (March/April ā October/November based on DST), is makes the charts data ideal as the trading starts at exactly midnight and chart data covers full cycle of 24 hours. This is especially an issue during market open and charts data on Monday and Friday.
Serverās time zoneās can be changed at will, and it is not uncommon for servers in russia to have time zone set up as EST. SO in a way that is no indication of where the server is ldeally located.
Second: they dont give out too much information about themselves. In a way that is common for all crypto based businesses, because of all the witch hunt that goes on around them. If you look at, for example, evolve.markets there is nothing that you can make out about their actual operating office or any other details. This is again for the same reason and does not raise any eyebrows for anyone who is trading with them.
For the record, I have been an absolute supporter for Finpro trading for all of last year, but coinexx changes that completely. I will be testing and slowly moving my funds to coinexx and will keep sharing my experience with them. If they are really as good as I feel from the first look of it, I think they will come across as an absolute winner in offhsore forex business.
Obviously, you can never be 100% sure. For example, I had an account with MF Global in 2008 and I know first hand that all the CTFC, or SIPC gimmic of protecting wealth or retail clients is just a sham that dosent really get you anything back. Very recently, one of my friend has an account with beaufort securties and here is a link on what is happening to them
So even though we all know that CFTC and SIPC is a scam like none other, we also know that they are constantly on a witch hunt against all offshore forex brokers. For example Tallinex
here is a link on what happened to tallinex
Given all this information, and given my experience in trading forex both with onshore and offshore brokers, I clearly see coinexx doing things exactly as it should be done. A crypto only broker is most likely to survive longer and independent of banking instution interference (see the posts above on Capital City Markets and based on what we learnt, the only ones to suffer were its clients who did not get the money back). And as a crypto only broker, they have much less costs and can pass on that benifit to us as clients (which I clearly see in their spreads)
See the link below from MyFXBook where I have compared spreads of some of our Top brokers
https://widgets.myfxbook.com/widgets/spread.html?symbols=17,1,4,2,3&servers=4919,3105,3420,1055,3782
What remains to be seen is how efficient they are and how quicly they process their withdrawals and how honestly they process our executions. We dont have many people so far who have shared any real trading experience with them and we will know it over the course of time.
I hope my information helps, atleast to give some food for thought.
I just took a snapshot on coinexx webterminal with the chart of AUDUSD, please note that their market open exactly at mid-night (so the server times are adjusted to create 24 hour chart per day. This sometimes can be very critical for EA traders who need the servers to have 24 hour chart and market starting at exactly mid-night. Obviously @HyperScalper is an expert on it and can give some valuable inputs in here. @HyperScalper what do you think ?
What a scary morningā¦ FinPro
āWe experienced a temporary network congestion in our data centre, but it is working fine now. Some account however are still experiencing connection issues because of their local device cache.ā
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RE Finproā¦Yeah not happy about this at all. This was one of the main reasons I left Tradersway. Price has been frozen going on 40m and counting. Iām on live chat with them right now and no answer as of yet. Some trades are already in the red.
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2hās in and Finpro datafeed still frozen.
My other account on Turnkey is up and working fine, however the Turnkey feed via Finpro is not.
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Are you saying that you have two live accounts:
1 on Finpro, 1 on Turnkey (we all know the āsimilaritiesā)
and you are experiencing the same āserver connection issuesā only on FinPro Trading?
I ask since I donāt have an account with Turnkey āyetā?
Also their DEMO accounts is fine, working!
Yes I have two live accounts, one with Turnkey and the other with Finpro.
The Finpro account is frozen and the Turnkey is not.
Finpro has already responded via chat:
āThere is some network congestion being experienced by some of our users
and our IT team is working on this issue with their 100% focus right now.
Please give it some time and try again after 30-40 minutes.
Sorry for any inconvenience caused. In case you had any trades resulted in losses to you,
we will compensate for them to you, as appropriate.ā