Cinpax was created with the idea that there is always a better way to service traders, and in their short history they have been successful in doing just that. Incorporated in St Vincent and the Grenadines the online broker offers CFD and forex trading, with over 10,000 different assets in their proprietary trading platform. The broker launched in 2021, and has attracted a class of modern traders already who are pleased with the service and broad asset offerings.

There is a solid support team backing the project, and trader reactions so far have been positive. The broker is building trust through its transparent dealings and exceptional market conditions. This includes fast order execution, high security of funds, and quality technical support. Being transparent with clients enables a consistent and trustworthy execution environment on which investors can grasp their full trading perspective.

Quick Look

Cinpax works hard to meet the needs of all its clients, beginning with offering five account tiers that add additional features as traders move up in tiers. And by offering over 10,000 individual assets the broker ensures that there is always something to trade, no matter what markets are doing. Traders will know that they can find market opportunities under all conditions.

The broker has even gone to the expense of creating a specialized proprietary trading platform, which should suit all active traders. It is this platform that gives access to the over 10,000 assets under excellent trading conditions.

It was also good to see that the broker gives its clients access to the Education Center from the very lowest account tier. Education is one of the keys to improving as a trader.

Regulations

Cinpax is based in St Vincent and the Grenadines, so rather than being regulated it is overseen by the St Vincent and Grenadines Financial Services Authority. While this is not the same as being regulated by CySEC or the FCA, it does provide traders with the security knowing that the broker must hold to all AML and KYC directives. It adds to client trust, and the inclusion of broker transparency makes Cinpax as trustworthy as you might imagine.

Proving this trustworthiness is the lack of any negative comments or press regarding the broker. You simply will not find any real reports of troubles from real traders.

Some traders will also appreciate that, because the broker is not required to follow the European MiFiD rulings, it is able to offer leverage that can be as high as 1:400 on some assets. They are also able to offer trading and deposit bonuses that can make trading an account at Cinpax more attractive.

Of course it also means there is no €20,000 insurance provided under the Investor Compensation Fund and clients are not protected by Negative balance Protection.

Account Types

As you will find at many of the online CFD brokers Cinpax has a tiered account system that increases the minimum account value, while also adding to the features and benefits offered as a trader climbs through the tiers.

Cinpax follows a tiered system of accounts, with each successive tier requiring a larger account minimum, but also coming with additional features and benefits. These benefits can include better spreads or fees, a personal account manager, added research tools and analysis, and a number of other features.

Below you can see the five tiers, the minimum deposit requirements, and the increasing features:

Starter

• Minimum deposit $250.
• Up to 1:400 Leverage.
• Education Centre.
• Price Alerts.
• No Commission.

Basic

• Minimum deposit $2,500.
• 10.00 Maximum Order Size.
• Account Manager.
• Customized Trading Strategy.

Advanced

• Minimum deposit $25,000.
• Personal Portfolio.
• Exclusive Daily Market Analysis.
• Research Tools.
• ALL assets in Cinpax platform.
• Variable or Fixed Pricing.

Professional

• Minimum deposit $100,000.
• Hedging Allowed.
• Fixed Pricing.

VIP

• Account protection with the smallest market price discrepancies and personalized trading portfolio.
• Low Fixed Pricing.
• Negative Balance Protection.
• Hedging Allowed.

Available Assets

Cinpax offers an impressive collection of over 10,000 different individual assets, and more are being added all the time. These individual assets fall under the following asset classes:

• Currencies.
• Stocks.
• Indices.
• Commodities.
• Energies.
• Metals.

This collection of assets is more than enough to offer something for every trader, during any market conditions.

Trading Platforms

Cinpax has taken a different path from other online brokers by creating their own trading platform rather than just offering MetaTrader 4 or MetaTrader 5. It has an appealing approach, since it has allowed Cinpax to create a platform that is tailor made for the modern trader. Optimized for web trading and mobile trading, it also features a downloadable version for use on PCs. And it brings all the power you would expect from a modern trading platform.

This trading platform is extremely powerful. It offers cross-asset trading with more than 10,000 assets, innovative executions and orders, and advanced charting tools. It also features 3 chart types and 9 timeframes, built-in chat, financial news, alerts and push notifications, netting and hedging position accounting systems, advanced market depth and one click trading.

Banking

As you might expect, Cinpax offers a number of convenient ways to make both deposits and withdrawals.

Clients can deposit through the Company’s available methods, including bank transfers, e-wallets, and debit or credit card. The broker processes deposits within one business day.

Withdrawals can be made using the same methods, and are also processed within one business day. The broker does not impose any fees on deposits and withdrawals, however the payment processors may.

It is worth noting that the broker will process higher tier account deposits and withdrawals on a priority basis.

Customer Service

Cinpax offers client support 24 hours a day on Monday’s through Fridays. This is pretty standard for the online brokers. Customer support staff can be contacted via telephone, online chat, or via email.

• Phone: +1 800 985 1351
• Email: customer.info@cinpax.com

In Conclusion

Even though Cinpax is a new broker, it is well worth checking out, especially if you want a broker that can provide over 10,000 assets and leverage that goes as high as 1:400. It is also promising that they care enough about their clients to have gone to the effort and expense of creating their own proprietary trading platform that is focused on the needs of the modern trader.

While some traders will shy away from them because they are located in St Vincent and the Grenadines, they do have some oversight and comply fully with KYC and AML requirements.

With a fairly low $250 minimum deposit, even beginners can feel comfortable getting started with a trading account at Cinpax.