Cinpax Review 2021

Cinpax Summary

Cinpax is an online forex and CFD broker that was founded in 2021 and is currently based in St. Vincent and the Grenadines.

The broker’s focus in the industry is to empower traders with services that unfold hundreds of opportunities in the global market, with more than 10,000+ tradable assets in CFDs across forex, commodities, metals, shares, and cryptocurrencies.

Cinpax Main Features
Established in: 2021 Headquarters: St. Vincent and the Grenadines
Regulations: SVGFSA Country of regulation: St. Vincent and the Grenadines
Minimum Deposit: $250 Platforms: Proprietary Web-Based Platform
Demo Account Available: Yes Leverage: 1:400
Withdrawal fee amount: No Inactivity Fee: No

Pros

  • Great proprietary trading platform
  • The broad product portfolio of more than 10,000+ CFDs
  • Execution Transparency
  • Higher Leverage

Cons

  • High CFD fees
  • High minimum deposit
  • No 24/7 support availability

Global markets are more accessible than one might think. Cinpax allows its clients to trade more than just currencies. Using their proprietary platform, you access American and European markets, allowing you to trade stocks and indices as well.

The forex broker offers the best-traded indices such as DAX, Dow Jones, FTSE, and S&P. Traders can access the energy markets and other commodities, along with global stock companies in without complexity.

cinpax

Safety & Regulation

Cinpax is a new broker in the market and still doesn’t hold any major license from top-tier regulators like the FCA, ASIC, or CySEC. However, its operation is monitored by the SVGFSA, and the broker is obligated to follow all standard AML and KYC policies.

Is Cinpax Safe or a Scam?

Even though the broker is not regulated by a top-tier regulator, Cinpax is considered a safe broker to trade with as it maintains all safety, AML, and KYC standards. The company is also very straightforward and transparent with its execution policy.

The broker also offers negative balance protection to its VIP clients.

Furthermore, there is no trail of bad history or malicious misconduct towards clients, or any manipulation of funds.

Accepted Countries

Cinpax can offer its services to everyone, except residents of the U.S. Keep in mind though that, You are responsible for ensuring that all services and activities of Cinpax.com are authorized in your jurisdiction.

Fees

Cinpax has relatively high trading fees overall. The fee structure differs among various account types, and it is not very transparent in order to calculate costs easily.

Also, you are required a higher minimum deposit to get access to lower spreads and better service. This contradicts the statement for supporting new traders to gain access to the market easily.

Furthermore, the broker does not charge any commission for trading.

Leverage

The maximum leverage level of Cinpax is 1:400, which is considered relatively high and offers a good trading advantage.

What is Cinpax’s Minimum Deposit?

The minimum deposit required is $250 or equivalent. However, in order to get access to better service and lower spreads the minimum deposit goes up to $100,000.

Account Opening

This online broker provides five different trading accounts for its clients, the Starter Account, the Basic Account, the Advanced Account, the Professional Account, and the VIP account. Based on the account type, traders can get access to better spreads and leverage levels.

At Cinpax, all possible measures are taken to ensure that client funds and data remain secure.

Here are the account types in more detail:

Starter Account

With as low as 250 USD, trade with up to 1:400 leverage and with 0.1 minimum lot order.

  • Up to 1:400 Leverage
  • Access to Cinpax platform
  • Desktop & Mobile Trader
  • Web Trader
  • Education Center
  • Price Alerts
  • No Commission

Basic Account

Get access to more instruments and bigger assets with up to 10.00 lot orders starting with 2,500 USD.

  • Up to 1:400 Leverage
  • 10.00 Maximum Order Size
  • Dedicated Account Manager
  • Customized Trading Strategy
  • Access to Cinpax platform
  • Education Center
  • Price Alerts

Advanced Account

Profit more with 25,000 USD using diverse portfolio and advanced market analysis.

  • Personal Portfolio
  • Exclusive Daily Market Analysis
  • Research Tools
  • ALL assets in Cinpax platform
  • Variable or Fixed Pricing
  • Education Center
  • Price Alerts

Professional Account

Experience more trading benefits, including a personalized portfolio, with 100,000 USD capital.

  • Hedging Allowed
  • Fixed Pricing
  • Personal Portfolio
  • Exclusive Daily Market Analysis
  • Education Center
  • Price Alerts and Signals
  • Research Tools

VIP Account

Account protection with the lowest market price differences and personalized trading portfolio.

  • Low Fixed Pricing
  • Negative Balance Protection
  • Hedging Allowed
  • Research Tools
  • Exclusive Daily Market Analysis
  • Education Center
  • Price Alerts

Deposit & Withdrawal

The broker provides different payment methods to fund your trading account. All deposits and withdrawals are processed depending on the level of priority of each account type.

Account Base Currencies

The accounts are only in USD

Deposit Methods available

  • Credit\Debit Card
  • Bank Transfer
  • E-wallets

How to make a deposit?

There are several payment methods offered, from Credit Card, Wire Transfer, as well as several forms of e-payment.

  1. The first step is logging into your account, then go to the ‘Deposit’ section
  2. Click on your preferred method, enter the amount you wish to deposit, and add the payment method details into the fields
  3. Click on ‘Deposit’

Trading Platforms

While most of the new brokers out there use the vanilla and most used MetaTrader 4(MT4) or MetaTrader 5(MT5) platforms, Cinpax has had time to invest in creating its own proprietary investing platform.

The broker has invested massive amounts of time and resources into creating a platform that benefits traders the most. The interface is easy to understand, and the technical analysis tools are extremely powerful, especially for new traders.

However, the platform is only available via a web browser and can work on both a mobile and desktop version.

Markets &Financial Instruments

The broker offers CFD trading in more than 10,000+ assets, with more being added constantly. These individual assets fall under the following asset classes:

  • Currencies
  • Stocks
  • Indices
  • Commodities
  • Cryptocurrencies

The offerings are more than sufficient to have something for everyone, and never miss a market opportunity. Whether you like to trade fiat currencies or cryptocurrencies, stocks or indices, or even volatile commodities, there is something to trade on the platform.

Customer Service

Cinpax offers several different means of communication for you to reach out to their customer support team. You will find that most means of communication provide lively and fast responses from a team who are highly trained to accommodate all traders’ needs, regardless of the client’s trading experience.

Means Of Communication

  • Live Chat
  • Email Support (customer.info@cinpax.com)
  • Phone Support (+18009851351)

Client Education

Client education is a very important part of a trader’s journey and Cinpax takes that seriously.

Once the minimum deposit is met, clients get access to the company’s education center and resources, which is equipped with everything a trader needs to educate himself with new techniques and strategies.

Conclusion

Cinpax is a CFD and Forex broker that was founded in 2021 and is headquartered in St. Vincent and the Grenadines. This Forex trading broker provides five different trading accounts and floating spreads, along with access to more than 10,000+ different financial assets.

Overall, Cinpax is a legitimate online broker that is worth trading with.

cinpax
$250
Min. Deposit
N/A
Bonus
Regulated bySVGFSA
Leverage1:400
Customer Support24/5
Open Account

Cinpax Overall Performance

  • Safety and Regulation 30% 30%
  • Deposit and Withdrawal 98% 98%
  • Market Research & Trading Tools 97% 97%
  • Broker Fees 50% 50%
  • Trading Platforms 97% 97%
  • Customer Service 99% 99%
  • Account Opening 98% 98%
  • Market & Financial Instruments 97% 97%
  • Client Education 99% 99%