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
- no
- FameEX proprietary web platform
- High level of security, support for margin trading and derivatives
Our Evaluation of FameEX
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
FameEX is a high-risk cryptocurrency exchange with the TU Overall Score of 2.08 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by FameEX 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.
FameEX is a cryptocurrency trading platform that offers a diverse range of features and tools. However, its lack of licensing and concerns surrounding bonus structures and withdrawal processes raise serious questions about its reliability. Clients are strongly advised to carefully evaluate their investment decisions and consider trading on regulated platforms to ensure their safety and security.
Brief Look at FameEX
FameEX, launched in 2018, is a cryptocurrency exchange offering services for derivatives, spot, and margin trading. The platform serves clients worldwide, including India, Japan, and the United States. It provides a wide range of cryptocurrencies for trading, including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), BNB, Cardano (ADA), Dogecoin (DOGE), and more.
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- A variety of trading tools as a platform supports spot, margin, and derivatives trading, allowing traders to choose the most suitable option.
- Over the years, the platform has attracted clients from various countries, offering appealing bonuses, promotions, and referral programs.
- FameEX offers 78 different cryptocurrencies, providing traders with ample opportunities to diversify their portfolios.
- The platform is not licensed by regulatory bodies such as the CFTC, FCA, or ASIC, raising concerns about the reliability and safety of client funds.
- Fees can be higher compared to other platforms, especially for clients with low VIP levels.
- Traders frequently report inconsistencies in bonus programs and difficulties with fund withdrawals.
TU Expert Advice
Financial expert and analyst at Traders Union
FameEX, launched in 2018 is a cryptocurrency trading platform offering a diverse range of services, including spot trading, margin trading, and derivatives trading, catering to both experienced traders and newcomers.
FameEX offers impressive functionality and a wide selection of assets, supporting trading in 78 cryptocurrencies. These include popular options such as Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Binance Coin (BNB), Cardano (ADA), and Dogecoin (DOGE). This breadth facilitates diverse investment strategies and accommodates various trading styles.
FameEX prioritizes security, with measures like two-factor authentication (2FA) and cold storage in place. However, the absence of licenses from regulatory bodies such as the CFTC, FCA, or ASIC raises concerns about the safety of user funds.
The platform actively uses bonus programs and promotions to incentivize client engagement. However, some traders have reported challenges in claiming bonuses and have encountered high trading fees at initial VIP levels. These fees decrease as trading volume increases, which may incentivize active platform participation.
FameEX presents opportunities for cryptocurrency trading, particularly given its extensive asset selection and diverse trading tools. However, the lack of licensing and reported issues with bonuses warrant a cautious approach. This platform may be best suited for traders comfortable with assuming higher risk and who prioritize strong security measures for their funds.
FameEX Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | FameEX proprietary web platform |
|---|---|
| 📊 Accounts: | Cryptocurrency accounts |
| 💰 Account currency: | BTC, ETH, USDT and others |
| 💵 Deposit / Withdrawal: | Bank accounts and cards, crypto wallets |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | Up to 100x |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | No |
| 💱 Commission: |
Spot: 0,1%-0,1% Futures: 0,02%-0,06% |
| 🔧 Instruments: | 193 supported coins, Futures, Perpetual contracts, Options. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | App available for iOS and Android |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Limit order, Market order |
| ⭐ Trading features: | High level of security, support for margin trading and derivatives |
| 🎁 Contests and bonuses: | Regular promotions and bonus programs |
The FameEX platform provides trading conditions suitable for both institutional and retail investors. It supports a wide range of cryptocurrencies and offers various tools for market analysis.
FameEX Key Parameters Evaluation
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Regulation and safety
FameEX has earned a rating of 9.75/10, demonstrating strong security and regulatory compliance. This score suggests that the exchange is generally reliable and offers a solid level of protection for users.
- Tier-1 regulation
- Government-regulated
- 2FA
- No successful hacks history
- Cold wallet storage
- No investor protection fund
- Not U.S regulated
- No facial recognition
FameEX Security Factors
We also compared FameEX against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| FameEX | OKX | Kraken | |
| Tier-1 regulation | Yes | No | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | Yes | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is FameEX a regulated crypto exchange?
FameEX is regulated by a Tier-1 financial authority (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or another jurisdictions with strict financial oversight). This ensures strong investor protection, compliance with stringent operational standards, and enhanced security for users trading on the platform.
FameEX is authorized or licensed in accordance with local regulations in the following regions: AUSTRAC in Australia, Singapore, .
Is verification (KYC) mandatory at FameEX?
Yes, KYC verification is mandatory at FameEX. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is FameEX available?
FameEX complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: United Kingdom, Malaysia, Canada, Netherlands, Singapore, Iran, Islamic republic, Bangladesh, Syrian Arab Republic, Hong Kong, Malta, Bahamas. For the most up-to-date information on regional availability, please contact FameEX support.
Is FameEX available in the USA?
Yes, FameEX is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
FameEX commissions and fees
FameEX received a 7.75/10 score for its trading fees. While FameEX is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Futures fees below industry average
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are FameEX trading fees?
We analyzed FameEX’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
FameEX trading fees vs competitors
| FameEX | Binance | Bybit | Industry average | |
| Spot, maker fee (%) | 0,1 | 0,1 | 0,1 | 0.15 |
| Spot, taker fee (%) | 0,1 | 0,1 | 0,1 | 0.194 |
| Futures, maker fee(%) | 0,02 | 0,02 | 0,02 | 0.024 |
| Futures, taker fee(%) | 0,06 | 0,05 | 0,055 | 0.053 |
What are FameEX deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,00025 BTC |
Does FameEX offer P2P trading?
No, FameEX does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and withdrawal
FameEX received a 7.5/10 rating for its deposit and withdrawal services. While FameEX covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- Bank transfers for deposits and withdrawals
- Many cryptocurrencies for deposits and withdrawals
- Google Pay supported
- No deposit fees
- No PayPal option
- No P2P transfer option
- Withdrawal fee applies
Deposit and withdrawal options
FameEX supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto, Google Pay, Apple Pay.
FameEX Deposit and withdrawal options vs competitors
| FameEX | OKX | Kraken | |
| Bank transfers | Yes | No | Yes |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | No | Yes |
What is FameEX minimum deposit?
The minimum deposit at FameEX is 0 USD/USDT or 0,0001 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
FameEX minimum deposit vs competitors
| FameEX | OKX | Kraken | |
| Minimum deposit, USD or USDT | 0 | 10 | 10 |
| Minimum deposit, BTC | 0,0001 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 1 | 0,00001 | 1 |
Does FameEX support fiat money?
FameEX does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
FameEX received a score of 4.5/10 in this category, indicating a modest offering of assets and markets. While FameEX covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Crypto copy trading available
- Crypto futures available
- Crypto options available
- Only 193 supported coins
- Fiat currencies not supported
FameEX supported coins and markets vs competitors
We compared FameEX with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| FameEX | OKX | Kraken | |
| Supported coins | 193 | 329 | 278 |
| Futures/Perpetual contracts | Yes | Yes | Yes |
| Options | Yes | Yes | No |
| NFTs | No | Yes | Yes |
FameEX passive income options vs competitors
We also compared FameEX with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Contacts
| Official site | https://www.fameex.com/en-US |
|---|
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