Banks Clearing Crypto Trades (Not CFD's)

I wanted to get a list going for the banks that are clearing Crypto pairs instruments for brokers on various platforms...MT4/MT5/Others.

For instance - who is clearing the Coinexx crypto pairs trades?

I am not referring to CFD or Futures trading in this thread.

The crypto pairs on Coinexx are CFD's aren't they? The prices & spreads are identical to other CFD brokers I use leading me to believe this. Coinexx only accept crypto as deposits/withdrawals, so I don't see that there is need for any banks to be involved? Don't know - just saying how I see it.

Coinexx is not CFD's...


"Our in-house liquidity aggregator takes liquidity from multiple crypto currency exchanges and provides you deep liquidity and superior execution. Avail leverage up to 25x and trade from 0.01 micro lots 24/7 on MT5 trading platform without any kind of restriction on trading styles as Crypto market never takes a rest."

Well honestly who is going to believe what any brokers says. they all say they have STP and liquidity like we expect a bunch of offshore brokers to have bank connections ... plz... this group is unregulated so there is a higher chance all of them are full of it and we are on some sort of desk. I do ask this from pretty much every broker I have used that trades BTCUSD. They all say they are a CFD but use the margin on exchanges to make liquidity for the CFD. I suspect also a lot of brokers trade liquidity with each other too. There is no telling what they are doing behind the scenes .. as long as i don't get overly slipped and they pay me my profits im fine. I suspect a lot of the small brokers are using IG or lmax for crypto cfds

eaglefx.com and cryptorocket.com

German banks themselves may start trading cryptos soon too, if they haven't already, in case that helps. Germany is passing laws about that.