Fastex Review 2026
Learn more about TU’s methodology
- $1
- Web platform
- Mobile application
- Exchange stack, trading on TradingView charts
Our Evaluation of Fastex
Learn more about TU’s methodology
Fastex is a high-risk cryptocurrency exchange with the TU Overall Score of 2.88 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Fastex 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.
Fastex provides quick access to cryptocurrency trading and investment with minimal costs. With a wide range of trading tools and opportunities for passive income, it appeals to both beginner and experienced traders and investors.
How we tested Fastex
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Fastex
Fastex is a centralized cryptocurrency exchange offering clients convenient access to digital asset trading. Launched in August 2022, the platform focuses on user-friendliness, high-quality service, and robust security. Fastex boasts multilingual support and an intuitive interface, making it accessible to traders of all experience levels. It is an integral part of the broader Fastex ecosystem, encompassing the Metaverse, an NFT Marketplace, a payment gateway, and the Bahamut blockchain powered by its native token, Fasttoken (FTN). This interconnected ecosystem empowers clients not only to trade cryptocurrencies but also to engage in diverse digital projects, such as creating NFTs or exploring virtual worlds.
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- Competitive fees for spot cryptocurrency trading.
- 24/7 multilingual client support.
- Mobile app for convenient trading.
- Enhanced security standards through advanced data and asset protection technologies.
- Limited number of supported fiat currencies.
- Relatively young platform with a short track record.
TU Expert Verdict
Chief Analytics Officer
Fastex is a centralized cryptocurrency exchange that supports trading 49 spot crypto pairs, offers NFT trading and staking, and provides users with both web and mobile platforms featuring TradingView chart integration. The platform facilitates fiat deposits and withdrawals via Visa and Mastercard, and accounts can be maintained in USD, EUR, BRL, GEL, AMD, and several cryptocurrencies. Its ecosystem extends to NFT creation, a payment gateway, and Fastex cards usable with BTC, ETH, USDT, USDC, and FTN for payments or ATM withdrawals. Fastex is regulated by a government authority in Lithuania and enforces mandatory KYC for all users.
Drawbacks include a relatively limited selection of supported coins and fiat currencies, no margin trading or derivatives, and a lack of Tier-1 regulation or investor protection fund. Fastex has some drawbacks such as a complex commission calculation system, no P2P options, and only basic advanced order types. As a result, it may not be suitable for highly active traders or those seeking a more comprehensive asset list, but could serve beginners or casual cryptocurrency investors who prioritize ease of use and low spot trading costs.
Fastex 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: | Web platform, mobile applications for iOS and Android |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | EUR, USD, BRL, GEL, AMD, cryptocurrencies |
| 💵 Deposit / Withdrawal: | Visa and Mastercard, and cryptocurrency operations |
| 🚀 Minimum deposit: | 0.09-0.15% |
| ⚖️ Leverage: | No |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | 0.1 USDT |
| 💱 Commission: | Spot: 0.14%-0.15% |
| 🔧 Instruments: | 49 supported coins, Fiat, NFT. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market, Limit, Stop Limit |
| ⭐ Trading features: | Exchange stack, trading on TradingView charts |
| 🎁 Contests and bonuses: | Yes |
The platform supports 49 cryptocurrency pairs for spot trading, with a chart-based trading mode available. However, traders cannot use leverage or trade derivatives like perpetual futures. Fastex accepts fiat currency deposits via cards, and withdrawals are also supported.
Fastex Key Parameters Evaluation
Regulation and Safety
With a 6.75/10 score, Fastex demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- No successful hacks history
- Government-regulated
- 2FA
- Cold wallet storage
- No investor protection fund
- No facial recognition
- Not U.S regulated
Fastex Security Factors
We also compared Fastex against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Fastex | Kraken | OKX | |
| Tier-1 regulation | No | Yes | No |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | Yes |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is Fastex a regulated crypto exchange?
Fastex is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
Fastex is authorized or licensed in accordance with local regulations in the following regions: Lithuania.
Is verification (KYC) mandatory at Fastex?
Yes, KYC verification is mandatory at Fastex. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is Fastex available in the USA?
Fastex is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, OKX, BTCC .
Fastex commissions and fees
Fastex received a 7.75/10 score for its trading fees. While Fastex is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- No deposit fee
- No Withdrawal fee
- No P2P fee
- Complex commission calculation system
What are Fastex trading fees?
We analyzed Fastex’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.
Fastex trading fees vs competitors
| Fastex | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0.14 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.15 | 0.22 | 0.2 | 0.194 |
What are Fastex deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0 |
Does Fastex offer P2P trading?
No, Fastex 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
Fastex received a 4/10 rating for its deposit and withdrawal services. Fastex offers limited funding options and may charge fees, which could be inconvenient for many users.
- No deposit fees
- No withdrawal fee
- Bank cards accepted for instant deposits
- Many cryptocurrencies for deposits and withdrawals
- No Google Pay option
- No PayPal option
- No P2P transfer option
Deposit and withdrawal options
Fastex supports the following deposit and withdrawal options: Bank card, Crypto.
Fastex Deposit and withdrawal options vs competitors
| Fastex | Kraken | OKX | |
| Bank transfers | No | Yes | No |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | No |
What is Fastex minimum deposit?
The minimum deposit at Fastex is 1 USD/USDT or 1 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Fastex minimum deposit vs competitors
| Fastex | Kraken | OKX | |
| Minimum deposit, USD or USDT | 1 | 10 | 10 |
| Minimum deposit, BTC | 1 | 1 | 5 |
| Minimum trade amount, USD/USDT | 1 | 1 | 1 |
Does Fastex support fiat money?
Fastex supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Fastex received a score of 3.5/10 in this category, indicating a modest offering of assets and markets. While Fastex covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Staking available
- Fiat currencies supported
- NFTs available
- Crypto futures not available
- Only 49 supported coins
Fastex supported coins and markets vs competitors
We compared Fastex 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.
| Fastex | Kraken | OKX | |
| Supported coins | 49 | 278 | 329 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | Yes |
| NFTs | Yes | Yes | Yes |
Fastex passive income options vs competitors
We also compared Fastex 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.
Trading apps & tools
Fastex received a score of 7/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Mobile indicators allowed
- Advanced charting with TradingView support
- Positive user feedback on the iOS app
- App data protection with 2FA
- No standalone desktop access
- No access to API
- No access to Copy Trading
Trading apps
Fastex provides web and mobile apps for both Android and iOS users, with an average rating of 4.8 on the App Store and 4.3 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Fastex platform is for mobile use.
| Fastex | Kraken | OKX | |
| 2FA | Yes | Yes | Yes |
| Face ID | No | No | Yes |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | No | Yes | Yes |
| Advanced Orders | Yes | Yes | Yes |
| Trading with bots | No | No | Yes |
| API | No | Yes | Yes |
| Extra trading platforms | No | No | No |
Does Fastex offer a desktop app?
No, Fastex does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Fastex offer advanced charting with TradingView integration?
Yes, Fastex offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.
Contacts
| Official site | https://exchange.fastex.com/ |
|---|
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