AEX Review 2024
Minimum
deposit:
  • $1

Trading platform:

  • Proprietary platform

AEX Review 2024

Updated:
Updated: October 06, 2023

1.97

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $1

Trading platform:

  • Proprietary platform

Summary of AEX Crypto Exchange

AEX is a high-risk cryptocurrency exchange with the TU Overall Score of 1.97 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by AEX clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. AEX ranks 151 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.

AEX is a good exchange for starting active trading and for long-term investment.

NOTE!

If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.

Traders Union experts recommend considering Top 3 companies from our rating:

Start Trading with RoboForex
Your capital is at risk.
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

The AEX Exchange is one of the oldest cryptocurrency platforms and was founded in 2013 and headquartered in the UK. The secret to its success is constantly following new trends and improving technologies. AEX has a complete set of tools for active and passive trading: two types of trading browser platforms, cloud mining and Ethereum 2.0 mining pool, exchange lending and C2C direct lending, deposits, auctions, and more. The arsenal of trading assets consists of more than 300 cryptocurrencies of classical and non-standard instruments such as DeFi and DeFi 2.0 sector, NFT sector, DOT ecosystems, DAO, and DeFi smart mining. The platform has more than 1 million users who have invested more than 50 billion USD of liquidity in the ecosystem and provided loans for more than 11 billion USD.

💰 Account currency: EUR, USD, and cryptocurrencies
🚀 Minimum deposit: $1
⚖️ Leverage: 1:1. Alternative — С2С lending
💱 Spread: Market
🔧 Instruments: Cryptocurrencies
💹 Margin Call / Stop Out: No

👍 Advantages of trading with AEX:

  • The original idea was to organize trading platforms for beginners and professional traders.
  • Investment products for any category of traders and investors.
  • Large selection of cryptocurrencies. According to this criterion, the exchange is in the top 20 ranking of CEX platforms with the largest listing.
  • High level of security. For more than 9 years of operation, the exchange has practically not been subjected to serious attacks and hacks. There is no information on the network that users lost money through the fault of the exchange.
  • Several options for referral and bonus programs.
  • The possibility to trade and withdraw money within restricted limits without verification.
  • Proprietary cold wallet for long-term investment.

👎 Disadvantages of AEX:

  • Absence of leverage. Alternatively, a lending platform can be used.
  • Market average commission. The exchange does not seek to attract investors with low commissions, relying on the development of products.
  • Payment methods include bank transfers and bank payment systems. There is no information about electronic systems.

Evaluation of the most influential parameters of AEX

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

0.99

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

3.08

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

2.86

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

3.02

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

3.38

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

3.60

/10

Geographic Distribution of AEX Traders

Popularity in

24%
RU
Russian Federation
12.8%
VE
Venezuela
8%
IR
Iran
7.4%
UA
Ukraine
7.3%
IN
India
6.1%
PE
Peru
5.5%
ID
Indonesia
5.4%
SA
Saudi Arabia
4.2%
AR
Argentina
39.3%
Others
Others

User Satisfaction i

1 comments
Total score:
2 /10

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Vladimirdoro
1 year ago

On this exchange, there is no way to enter the market, only create orders. I do not recommend contacting!

Expert Review of AEX

The daily trading turnover of the exchange is about 700-750 million USD. According to this indicator, the exchange is among the second-tier platforms, second only to the top sites. The trust rating according to CoinGecko is 7 out of 10, which is relatively good, but not ideal. According to CoinMarketCap, the exchange rating is 4.2 out of 10, which corresponds to 82nd place out of 525 rating exchanges. The result can be considered relatively good. The maximum trading turnover falls on 3 cryptocurrencies: ETH (10-12%), BTC (8-10%), and BSV (5-7%). The exchange is sometimes used for pumps, and the daily turnover for individual “junk” coins can reach 12-15%.

Active trading technology is represented by three types of platforms. 1. Platform for professional trading with maximum technical functionality. 2. A platform for beginners. Only the most necessary tools are left in it, and the number of windows is reduced. 3. ASwap is a platform for instant exchange of cryptocurrencies among two or more members of the exchange. The AEX Exchange is also a CEX exchange. Altcoins can be stored on the account balance, therefore the platform is often used for active high-frequency strategies such as scalping and arbitrage.

As part of the marketing policy, the exchange developed several programs. AEX Private Bank comprises a package of services that includes reduced commissions, access to paid tools, etc. A 30% discount is provided for inviting friends. There are game bonuses up to 1000 USDT. Among the shortcomings: there are reviews about the freezing of transactions, but in general, there was nothing critical.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of AEX’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets, and Products of the Crypto Exchange

Investment offers are highlighted on the platform website in a separate section and divided into two groups, direct investment and lending. In both cases, the investor receives a reward, they differ in responsibility, risks, and products, however. For example, if you are looking for a long-term investment, then idle coins can be deposited to maintain network liquidity.

Types of investment products of the AEX Exchange

Investments include the following product options:

  • AEX Earn. Staking is the blocking of coins to keep the network running. Rates are on average 5-25% per annum.

  • Dual Investment. It is a structural product that allows you to receive income regardless of which direction the price has gone. It is expressed in a deposit consisting of a currency pair with the participation of a stablecoin. Depending on the price of the main asset, by the end of the deposit, you receive income either in the main cryptocurrency or in stablecoins. AEX products involve two deposit options, working on the principle of “Buy low” (triggered if the price falls) and “Sell high” (cryptocurrency is sold if the price is higher by the end of the deposit).

  • Slot Auction. Parachain auction of the Polkadot ecosystem. A modified version of the candle auction mechanism is used to allocate available parachain slots. To receive a parachain slot, projects must participate in the auction by DOT staking. Profit is a bonus from the ecosystem for participation.

  • Mining Market. Investing in the power of mining equipment is a variant of cloud mining.

  • ILO. A high-risk product related to the financing of litigation. In case of defeat, the investor loses money, in case of victory, the compensation is distributed among investors.

Loans are represented by the following products:

  • AEX Loan. Flash Loans, and standard loans for more than 30 cryptocurrencies.

  • С2С-lending. The platform is for private loans between users of the exchange.

Based on the platform, they created an Ethereum 2.0 mining pool which is a separate direction for investing in altcoins, which will change the consensus algorithm soon.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

AEX's affiliate program:

The exchange referral program offers a reward in the form of a 30% cashback commission on any type of product, including passive investment. The more invited friends you have, the greater is the percentage of the accrued commission return. 

Also, each user can apply for a sales-manager vacancy. Responsibilities include active involvement of users with the implementation of targets. For an active marketing campaign, the exchange offers payments up to 4,000 USD per month and up to 45% cashback.

Trading Conditions for AEX Users

The AEX Exchange positions itself as a universal exchange for active cryptocurrency trading and investment, and on the “edge of technology”. The platform developers are trying to follow the market trends by adding and developing new areas of investment.

$1

Minimum
deposit

1:1

Leverage

24/7

Support

💻 Trading platform: The proprietary platform is divided into a professional terminal and a terminal for beginners
📊 Accounts: Single client account
💰 Account currency: EUR, USD, and cryptocurrencies
💵 Replenishment / Withdrawal: EUR, USD, and cryptocurrencies
🚀 Minimum deposit: $1
⚖️ Leverage: 1:1. Alternative — С2С lending
💼 PAMM-accounts: No
📈️ Min Order: $1
💱 Spread: Market
🔧 Instruments: Cryptocurrencies
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: N/A
⭐ Trading features: No
🎁 Contests and bonuses: Available

Broker comparison table of trading instruments

AEX Bybit OKX XT.com Paxful PrimeXBT
Forex No No No No No Yes
Metalls No No No No No Yes
Crypto Yes Yes Yes Yes Yes Yes
CFD No No No No No Yes
Indexes No No No No No Yes
Stock No No No No No Yes
ETF No No No No No No
Options No No No No No No

AEX Commissions & Fees

Information
The experts at the Traders Union analyzed the trading conditions of the AEX Exchange and compared commissions with similar conditions of its competitors. For comparison, the average commission for cryptocurrencies from the top 30 in terms of capitalization was taken as a basis. For a taker, it ranges from 0% to 0.06%, and for a maker, its from 0.1% to 0.16%. The exchange also offers a flexible tariff scale for withdrawing money, and the amount of the commission is tied to each cryptocurrency.
Account type Spread (minimum value) Withdrawal commission
Single, client from 0.1% Yes

Another comparative analysis showed that the AEX Exchange’s transaction fees are low.

Broker Average commission Level
AEX $1 Low
Binance $6 Medium
Bybit $20 High
Logo AEX
$1
$6
$20

Contacts

Foundation date 2013
Registration address United Kingdom, Singapore, Japan, and Hong Kong
Official site
Contacts
All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
AEX Review AEX Review

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FAQs

Do reviews by traders influence the AEX rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about AEX you need to go to the broker's profile.

How to leave a review about AEX on the Traders Union website?

To leave a review about AEX, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about AEX on a non-Traders Union client?

Anyone can leave feedback about AEX on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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