Pricing
Coinigy offers a range of pricing plans suitable for different types of users:
- Free Plan (Starter Account): This plan provides a 30-day trial with access to the platform. After the trial, users need to upgrade to a paid plan.
- Pro Trader Plan: Priced at $18.66 per month on the official website (or $19.99 per month according to the App Store), this plan includes unlimited API accounts, unlimited chart layouts, unlimited trading session lengths, and stop-limit orders.
- API Developer Pro Plan: Designed for companies needing data sets with historical trades, this plan costs $99.99 per month.
Supported Exchanges
Coinigy integrates with a broad range of exchanges, allowing trading on 11 popular platforms including Binance, Bitfinex, Bitstamp, Bittrex, CEX.io, Coinbase Pro, Huobi Pro, Kraken, Kucoin, Poloniex, and Vaultoro.
Platform
The Coinigy platform is accessible through both web and mobile applications. The web version supports trading, charting, and various in-built tools, while the mobile version (iOS and Android) is primarily for portfolio tracking, with trading functionality only available on Android.
Education
Coinigy supports users with tutorials, blogs, and continuous updates designed to enhance trading knowledge and strategy development.
Customer Service
Coinigy offers email support, a comprehensive FAQ, and platform support to address user queries and technical issues promptly.
Pros
- Extensive Portfolio Tracking: Supports 43 exchanges and nearly 100 blockchains, covering 5000+ coins.
- TradingView Charting Functionality: Offers advanced charting tools with over 70 technical analysis indicators.
- Synthetic Stop-Limit Orders: Available on all supported exchanges.
- Margin Trading: Available on Poloniex and Bitfinex.
- Responsive Customer Service: Fast response times for customer queries.
- Order Size Flexibility: Allows setting order sizes in base or quoted currency.
Cons
- Limited Trading Functionality on Mobile: Trading only available on Android, not on iOS.
- No Automated Trading: Lacks automated trading features.
- Limited Order Types: Does not support advanced order types such as trailing stop and take-profit/stop-loss.
- Occasional Technical Issues: Touch sensitivity issues on mobile and occasional alert malfunctions.
- Pricey Subscription Plans: Higher monthly costs compared to competitors.
Coinigy Review
Explore Coinigy, a robust platform designed to streamline your cryptocurrency trading and portfolio management. This platform integrates multiple exchange accounts, offering a range of tools including advanced charting, market alerts, and comprehensive portfolio tracking.
For traders seeking to manage their digital assets efficiently, Coinigy provides a unified platform that combines trading and portfolio management functionalities with competitive pricing plans.
Coinigy distinguishes itself by offering seamless integration with various exchanges, enabling users to execute trades and monitor portfolios from a single interface. Its extensive charting tools, powered by TradingView, and portfolio tracking capabilities make it a valuable asset for both novice and experienced traders.
This review will provide an in-depth look at Coinigy’s features and pricing plans.
About Coinigy
Coinigy, founded by Robert Borden and William Kehl, began as a tool for automated arbitrage trading in 2013. It evolved into a portfolio tracker and trading terminal in 2015, supporting multiple exchanges and offering various trading tools. Despite its innovative start, Coinigy’s development has slowed, with its web interface remaining largely unchanged since 2017.
Who Should Use Coinigy?
Coinigy is suitable for traders who need a comprehensive portfolio tracking tool with some trading functionality. It is ideal for those who use multiple exchanges and value integration with TradingView for advanced charting.
Is Coinigy Safe?
Coinigy incorporates robust security measures, including 2FA, AES 256-bit encryption, and secure SSL connections. The platform does not hold or store user funds, adding an extra layer of security. Coinigy has maintained a clean security record with no known hacks.
Coinigy Platform & Features
Trading Bots
Coinigy does not currently support automated trading bots but provides visualization tools for potential arbitrage opportunities.
Backtester Feature
Coinigy does not offer a dedicated backtesting feature, focusing instead on real-time trading tools.
Social Indicators and Crypto Trading Signals
Coinigy includes various tools such as ArbMatrix, BlockExplorer, ChartScanner, CryptoTicker, GoogleSheets, MarketWatch, NewsWire, and SocialScanner, providing a comprehensive trading environment.
ERC-20 Utility Token (D2T)
Not applicable for Coinigy.
Comprehensive Analytics
Coinigy offers extensive charting capabilities with TradingView integration, historical market data, and real-time order books and trades.
Extensive Exchange Integration
Supports trading on 11 major exchanges, with portfolio tracking on 43 exchanges.
Ease of Use
Coinigy’s web interface, while outdated, remains functional. The mobile app has usability issues but is effective for portfolio tracking.
How to Open An Account?
- Visit the Coinigy website and select the “Sign Up” option.
- Choose your preferred plan – Starter Account (Free Plan), Pro Trader, or API Developer Pro.
- Complete the registration process and start using Coinigy’s features.
Conclusion
Coinigy, once a revolutionary tool in 2015, offers extensive portfolio tracking and basic trading features. However, its outdated interface, limited mobile functionality, and lack of automated trading options may not meet the needs of modern traders. Despite these limitations, Coinigy’s robust portfolio management and integration with TradingView make it a valuable tool for specific use cases. As the crypto trading landscape evolves, Coinigy will need to innovate to remain competitive.
