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
- $1
- TradingView
- Of the fiat, there is only the Turkish lira, commissions can be reduced using FLX platform token, there are no investment programs, high-quality training materials, high transaction speed
Our Evaluation of Felixo
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
Felixo is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.2 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Felixo clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
The Felixo crypto exchange offers equally favorable conditions for beginners and experienced traders. The trading terminal in the TradingView browser has all the standard functions. Commissions are below average, and there are several ways to further reduce them. You can deposit and withdraw funds in different ways, including Visa/MC cards, and various electronic systems. The referral program is standard, and the Bug Bounty bonus system is in play here. Among the advantages of the platform, experts point out large trading volumes, high speed of operation, and the absence of technical vulnerabilities. As a relative disadvantage, one can single out the absence of other fiat funds besides TYR. The exchange is not suitable for investors, since there are no passive earning options (only the referral program).
Brief Look at Felixo
Felixo is a Turkish cryptocurrency exchange with an integrated fast exchange service and OTC trading. Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), Ripple, other cryptocurrencies and tokens are traded on this platform. Fiat is represented only by the Turkish lira (TRY). The exchange has low commission fees – 0.15%/0.25% at the start for maker/taker, respectively. Fees can be reduced by increasing trading volumes and using the FLX tokenized coin to pay fees. The platform is characterized by a high level of security, and there are several options for verifying your account, including Google Authenticator. Some of the clients’ funds are stored using the cold method. There are no restrictions on trading strategies, and there is an API. The exchange offers a one-level referral program, and there are no investment programs.
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- the most popular cryptocurrencies and coins are present;
- trade commissions are below the segment average;
- easy to learn and functional trading terminal;
- the exchange has its proprietary application for mobile trading;
- high-speed transactions;
- the asset pool is constantly expanding through listing;
- the optimal level of security and data protection;
- many options for deposit/withdrawal of funds;
- there is over-the-counter trading on individual terms;
- structured training system.
- fiat is represented only by the Turkish lira;
- there are no investment solutions.
TU Expert Advice
Author, Financial Expert at Traders Union
Felixo is a cryptocurrency exchange providing trading Bitcoin, Litecoin, Ethereum, Tether, and other cryptocurrencies, with fiat support limited to the Turkish lira. It employs the TradingView platform and offers a competitive fee structure, potentially reduced further using the FLX token. With high transaction speeds, an intuitive interface, extensive security measures, and cold storage for funds, Felixo enables seamless trading experiences. Its deposit and withdrawal options are flexible, accepting bank cards, and electronic systems, and are noted for instant transaction processing.
However, the absence of diverse fiat support beyond the Turkish lira and the lack of passive income opportunities through investment programs are notable drawbacks. Moreover, its limited card withdrawal options and the lack of top-tier regulatory oversight may not cater to traders seeking comprehensive investor protection. Therefore, Felixo may suit Turkish-based traders or those interested in direct cryptocurrency trades, but may not be ideal for investors prioritizing broader fiat integration or investment solutions.
Felixo Summary
| 💻 Trading platform: | TradingView (browser) |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, TRY |
| 💵 Deposit / Withdrawal: | Bank cards, e-wallets, and crypto wallets |
| 🚀 Minimum deposit: | ₿0.00000001 |
| ⚖️ Leverage: | 1:1 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | from 0 |
| 💱 Commission: | Spot: 0,15%-0,25% |
| 🔧 Instruments: | 21 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Available |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | N/A |
| ⭐ Trading features: | Of the fiat, there is only the Turkish lira, commissions can be reduced using FLX platform token, there are no investment programs, high-quality training materials, high transaction speed |
| 🎁 Contests and bonuses: | Yes |
To start trading with the Felixo cryptocurrency exchange, the client needs to go through the registration procedure, and then get verified (confirm personal data). After that, he will have access to the full functionality of the platform, but will not be able to trade until he makes a deposit. The deposit can be made in any asset that is listed on the exchange. The minimum deposit is ₿0.00000001 or the equivalent in another cryptocurrency. In the process of trading, the client of the exchange can rely only on his own assets, since the platform does not provide leverage. Technical support works without breaks or days off. You can contact them by leaving a request on the website in the “Contact Us” section. The table below shows the main trading conditions of the platform.
Felixo Key Parameters Evaluation
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Regulation and safety
With a 6.75/10 score, Felixo 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.
- Cold wallet storage
- 2FA
- Government-regulated
- No successful hacks history
- Not tier-1 regulated
- Not U.S regulated
- No investor protection fund
Felixo Security Factors
We also compared Felixo against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Felixo | OKX | Kraken | |
| Tier-1 regulation | No | 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 Felixo a regulated crypto exchange?
Felixo 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.
Felixo is authorized or licensed in accordance with local regulations in the following regions: Turkey.
Is verification (KYC) mandatory at Felixo?
Yes, KYC verification is mandatory at Felixo. 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 Felixo available?
Felixo complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Ukraine, India, Spain, United Kingdom, Nigeria, Malaysia, South Africa, Australia, Canada, Pakistan, Philippines, Israel, Cyprus, Sweden, Latvia, Romania, Portugal, Switzerland, Netherlands, Singapore, Indonesia, Kenya, UAE, Iran, Islamic republic, France, Bangladesh, Thailand, Italy, Egypt, Poland, Sri Lanka, Belgium, Norway, Saudi Arabia, Brazil, Vietnam, Czech Republic, Greece, Japan, Uganda, Ghana, Morocco, Finland, Bulgaria, Korea, Algeria, Azerbaijan, Estonia, Argentina, Peru, Austria, Chile, China, Mexico, Denmark, Germany, Kazakhstan, Uzbekistan, Colombia, Moldova, Kyrgyzstan, Venezuela, Lithuania, Ireland, Slovakia, Georgia, Tajikistan, Armenia, Hungary, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact Felixo support.
Is Felixo available in the USA?
Yes, Felixo 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.
Felixo commissions and fees
Felixo received a 5.4/10 score for its trading fees. While Felixo is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are Felixo trading fees?
We analyzed Felixo’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.
Felixo trading fees vs competitors
| Felixo | Nexus Trade | Paxful | Industry average | |
| Spot, maker fee (%) | 0,15 | 0,22 | 0 | 0.15 |
| Spot, taker fee (%) | 0,25 | 0,22 | 0 | 0.194 |
What are Felixo deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,0005 BTC |
Does Felixo offer P2P trading?
Yes, Felixo offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.Felixo P2P Fees
Deposit and withdrawal
Felixo received a 6.5/10 rating for its deposit and withdrawal services. While Felixo covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- No deposit fees
- Bank transfers for deposits and withdrawals
- P2P for flexible transfers
- Bank cards accepted for instant deposits
- No PayPal option
- No Google Pay option
- Withdrawal fee applies
Deposit and withdrawal options
Felixo supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto.
Felixo Deposit and withdrawal options vs competitors
| Felixo | OKX | Kraken | |
| Bank transfers | Yes | No | Yes |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | No | Yes |
What is Felixo minimum deposit?
The minimum deposit at Felixo is 1 USD/USDT or 0,0001 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Felixo minimum deposit vs competitors
| Felixo | OKX | Kraken | |
| Minimum deposit, USD or USDT | 1 | 10 | 10 |
| Minimum deposit, BTC | 0,0001 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 10 | 0,00001 | 1 |
Does Felixo support fiat money?
Felixo supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Felixo received a score of 2/10 in this category, indicating a modest offering of assets and markets. While Felixo covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- Other supported products
- Yield farming not available
- Crypto options not available
Felixo supported coins and markets vs competitors
We compared Felixo 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.
| Felixo | OKX | Kraken | |
| Supported coins | 21 | 329 | 278 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | Yes | No |
| NFTs | No | Yes | Yes |
Felixo passive income options vs competitors
We also compared Felixo 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
| Foundation date | 2018 |
|---|---|
| Registration address | Felixo Teknoloji ve Yazılım A.Ş. Merdivenköy Mah. Dikyol Sk. Business İstanbul İş merkezi B blok No:2/36 34732 Kadıköy, İstanbul, Türkiye |
| Official site | https://www.felixo.com/ |
| Contacts |
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