deposit:
- $1
Trading platform:
- TradingView
Felixo Review 2024
deposit:
- $1
Trading platform:
- 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
Summary of Felixo Crypto Exchange
Felixo is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.3 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. Felixo ranks 102 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
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).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:
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.
💰 Account currency: | Cryptocurrencies, TRY |
---|---|
🚀 Minimum deposit: | ₿0.00000001 |
⚖️ Leverage: | 1:1 |
💱 Spread: | Market |
🔧 Instruments: | Cryptocurrencies, TRY |
💹 Margin Call / Stop Out: | No |
👍 Advantages of trading with Felixo:
- 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.
👎 Disadvantages of Felixo:
- fiat is represented only by the Turkish lira;
- there are no investment solutions.
Evaluation of the most influential parameters of Felixo
Geographic Distribution of Felixo Traders
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Expert Review of Felixo
The Felixo cryptocurrency exchange was launched in 2018. The headquarters is located in Istanbul. Despite the obvious advantages for Turkish traders (the only fiat is the Turkish lira), the platform is equally convenient for clients from different regions. An exception is only users from the United States, for whom there are certain legal restrictions on working with foreign platforms.
The exchange is rated as universal, that is, suitable for both beginners and experienced traders. They have the typical registration, and verification is of the AML/KYC standard. The TradingView terminal is without any modifications, and a distinctive feature is the presence of a stop limit. The mobile application is developed for iOS and Android and is an adapted version of the browser terminal. The experts did not identify any bugs or vulnerabilities.
The platform is characterized by high stability of work and a degree of safety that meets modern standards. There is multilevel data encryption, and the ability to connect different verification methods (including remembering IP). Customers’ funds are held in cold storage. The smallest minimum deposit in the segment is ₿0.00000001 or the equivalent in another asset.
The exchange has an exchanger with the possibility of direct payment from a bank card, and transactions are carried out instantly. For beginners, the platform offers high-quality training materials with video guides on technical and fundamental analysis. As a disadvantage, we can note, the absence of investment programs and another fiat besides the Turkish lira. But even taking these features into account, trading on the platform is convenient and profitable.
Dynamics of Felixo’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets, and Products of the Crypto Exchange
The crypto exchange does not provide investment solutions to its users. The platform is focused on active trading. Alternative ways to earn money are a referral program, the Bug Bounty program, and periodic bonuses for promotions and tournaments.
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.
Felixo’s affiliate program:
Felixo offers a standard referral program. Each user of the exchange can invite another trader. To do this, after registration, you must enter your personal account and you will find a referral link there. The clients of the exchange can place it on any platform at their sole discretion.
Each user who follows the client’s referral link becomes his partner (referral). From that moment on, the inviting client receives 20% of all his commissions as bonus payments. For example, if the commission for the current referral’s trade is 10 FLX, the inviting party will receive 2 FLX on the account.
The program is unlimited, that is, the invited user remains the client’s referral for as long as he trades on the exchange. The program is unlimited in time — each client of the exchange can have an unlimited number of referrals. The referral program is an excellent opportunity to secure significant passive income, including through additional bonus payments for traders with increased activity in the media.
Trading Conditions for Felixo Users
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.
$1
Minimum
deposit
1:1
Leverage
24/7
Support
💻 Trading platform: | TradingView (browser) |
---|---|
📊 Accounts: | Standard |
💰 Account currency: | Cryptocurrencies, TRY |
💵 Replenishment / Withdrawal: | Bank cards, e-wallets, and crypto wallets |
🚀 Minimum deposit: | ₿0.00000001 |
⚖️ Leverage: | 1:1 |
💼 PAMM-accounts: | No |
📈️ Min Order: | from 0 |
💱 Spread: | Market |
🔧 Instruments: | Cryptocurrencies, TRY |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Available |
➕ Affiliate program: | Yes |
📋 Orders 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 |
Broker comparison table of trading instruments
Felixo | Bybit | MEXC | Binance | XT.com | Yobit | |
Forex | No | No | No | Yes | No | No |
Metalls | No | No | No | No | No | No |
Crypto | Yes | Yes | Yes | Yes | Yes | Yes |
CFD | No | No | No | No | No | No |
Indexes | No | No | No | No | No | No |
Stock | No | No | No | No | No | No |
ETF | No | No | No | No | No | No |
Options | No | No | No | No | No | No |
Felixo Commissions & Fees
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0 level, up to ₿50 – 0.15% maker and 0.25% taker;
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1 level, ₿50-100 – 0.135% maker and 0.225% taker;
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2 level ₿100-150 – 0.12% maker and 0.2% taker;
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3 level more than ₿150 – 0.105% maker and 0.175% taker.
To pay commission fees, the exchange’s client can use the FLX coin, for which he will receive a discount. The amount of the discount is determined by the amount of FLX on the client’s account, the relationship is as follows:
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50,000-1,000,000 – 10%;
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1,000,000-5,000,000 – 20%;
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5,000,000-10,000,000 – 30%;
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10,000,000-50,000,000 – 40%;
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more than 50,000,000 – 50%.
The platform does not charge additional fees, all of them are already included in the total commission for trading operations.
Account type | Spread (minimum value) | Withdrawal commission |
Standard | up to 0.25% per order | Yes |
The crypto exchange charges clients a commission for withdrawing funds (there is no commission for deposit). The amount of this fee is determined by the asset being withdrawn. For example, when withdrawing Bitcoin, the commission is ₿0.0005, and when withdrawing Tether, it is ₮25. There is also a minimum value for the withdrawal amount. For example, an exchange’s client cannot withdraw less than ₿0.001 or less than ₮50.
Broker | Average commission | Level |
Felixo | $0.25 | Medium |
Bybit | $20 | High |
Bitfinex | $0.1 | Low |
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 |
Email:
felixo@hs01.kep.tr,
|
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FAQs
Do reviews by traders influence the Felixo rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Felixo you need to go to the broker's profile.
How to leave a review about Felixo on the Traders Union website?
To leave a review about Felixo, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about Felixo on a non-Traders Union client?
Anyone can leave feedback about Felixo on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.