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IndoEx Review 2026

Logo IndoEx
Top Brokers Overview — United States
4 /10
High risk
How we tested IndoEx

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.

Pros & Cons

  • Security is ensured by dual jurisdiction registration.
  • A user-friendly trading interface with TradingView charts.
  • A unified trading fee rate for both Takers and Makers.
  • The ability to start trading with any amount.
  • Limited withdrawal limits for basic accounts.
  • Lack of tools for margin trading.

IndoEx is a decentralized cryptocurrency exchange established in January 2019. Operating under stringent international security standards, it maintains registered offices in Estonia and the United Kingdom. The platform provides access to spot trading for cryptocurrency pairs, making it a compelling choice for traders worldwide. IndoEx caters to both seasoned traders and newcomers by offering intuitive trading interfaces and a diverse array of assets. Verified clients also enjoy the advantage of high withdrawal limits.

TU Expert Verdict

Oleg Tkachenko
Oleg Tkachenko
Editor at Cryptocurrency & Blockchain Department

IndoEx carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

IndoEx is a cryptocurrency exchange offering spot access to 70 cryptocurrency pairs through a web platform with TradingView charts and mobile apps. It requires KYC and offers Basic and Enhanced accounts, with a 0.15% fee for both makers and takers. Client assets are held in cold wallets, and Enhanced accounts can qualify for withdrawals of up to $200,000.

However, a notable drawback is that IndoEx is not regulated by a government authority, despite reporting registered offices in Estonia and the United Kingdom. Other disadvantages include crypto-only deposits and withdrawals, no margin or futures products, limit orders only, and no U.S. availability. Support lacks live chat and a dedicated help center, while Basic accounts have a $2,000 daily withdrawal cap. IndoEx may suit users seeking straightforward crypto spot access, but is less suited to traders prioritizing oversight, fiat funding, or advanced tools.

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Logo Coinbase
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Spot Fees
Spot fee rate, Maker fee
0.5%
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Coins Supported
400+
Kraken
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Kraken
8.5 /10
Spot Fees
Spot fee rate, Maker fee
0.25%
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Coins Supported
400+
OKX
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Spot fee rate, Maker fee
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600+
BTCC
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Spot fee rate, Maker fee
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399
Crypto.com
Logo Crypto.com
Crypto.com
8 /10
Spot Fees
Spot fee rate, Maker fee
0.25%
Coins
Coins Supported
400+

IndoEx User Reviews

Score:
The administration of the website shall not be liable for the accuracy of the reviews and does not have the technical ability to check the reviews for accuracy, as well as establish whether the authors of the reviews are indeed the customers of a specific company.
6 /10
3 total
  • 5-star
    0%
  • 4-star
    0%
  • 3-star
    100%
  • 2-star
    0%
  • 1-star
    0%
cod6mw2
1 year ago

IndoEx caught my attention with its straightforward fee structure. The Maker and Taker rate of 0.15% simplifies calculations. A minimum deposit of 0 USDT on BSC makes it accessible to new clients. However, the basic account's $2,000 daily withdrawal limit may not suffice for active traders. While suitable for spot trading, the lack of margin trading and futures limits its functionality. Despite this, the platform offers reliable conditions for cryptocurrency operations.

Sarfraz Ahmed Qureshi
1 year ago

IndoEx proved to be convenient for starting due to its intuitive interface and lack of complicated entry requirements. The minimum order size of 0.001 is ideal for testing the market with small amounts. Enhanced accounts allow withdrawals of up to $200,000, but achieving such limits requires enabling two-factor authentication. Downsides include limited passive earning options and the absence of a demo account, which might pose challenges for some without in-depth cryptocurrency knowledge. Nevertheless, IndoEx is suitable for those seeking simple and secure trading conditions.

kaygeegh01
1 year ago

I chose IndoEx for its accessibility and easy registration process. The 0.15% fee for Makers and Takers is reasonable even for small trades. The exchange supports various cryptocurrencies, including rare assets. The main drawback is the lack of margin trading and futures, limiting its use to spot trades. Positives include low deposit requirements and periodic airdrop campaigns, allowing clients to earn bonuses without investments. IndoEx is a solid choice for those focused on traditional trading methods.

  • IndoEx Commissions and Fees

    Score:
    This category evaluates trading costs and the transparency of deposit and withdrawal charges according to the Methodology. It covers spot and futures trading fees, P2P exchange costs, deposit/withdrawal fees, and tiered fee structures. The assessment ensures that fees are competitive and clearly disclosed, avoiding hidden or excessive costs. Each factor is scored based on defined criteria, contributing to the overall rating.
    7 /10

    IndoEx received a 7/10 score for its trading fees. While IndoEx 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 IndoEx trading fees?

    We analyzed IndoEx’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.

    IndoEx trading fees vs competitors

    IndoEx Nexus Trade CoinMetro Industry average Based on the evaluation of over 100 leading crypto exchanges
    Spot, maker fee (%) Maker fees are charged when liquidity is added to the order book. This occurs by placing a limit order below the current market price for buy orders, or above the market price for sell orders. 0.15 0.22 0.1 0.15
    Spot, taker fee (%) Taker fees are charged when liquidity is removed from the order book. This typically happens when a trade is executed at the market price. 0.15 0.22 0.2 0.194

    What are IndoEx deposit and withdrawal fees?

    Deposit fee, % Important! Even if an exchange does not charge fees for deposits and withdrawals, there can also be fees from the payment system or cryptocurrency network used by the user. For example, the network fee for USDT TRC20 is typically around $1. 0
    Withdrawal fee, % 0.0008 BTC 0.0029 ETH

    Does IndoEx offer P2P trading?

    No, IndoEx 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.

  • Regulation and Safety

    Score:
    Our evaluation encompasses several key factors, including government regulation, two-factor authentication (2FA), cold wallet storage of client assets, investor protection funds, KYC protocol adherence, year of foundation, and history of security breaches. Read more in our Methodology
    3.3 /10

    IndoEx received a score of 3.3/10, indicating a low level of security and regulatory compliance. This suggests that the platform may lack essential protections, and users should exercise extreme caution.

    • Cold wallet storage
    • No successful hacks history
    • Not government-regulated
    • No facial recognition

    We also compared IndoEx against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.

    IndoEx Security Factors
    IndoEx Coinbase Kraken
    Tier-1 regulation
    No
    Yes
    Yes
    Government-regulated
    No
    Yes
    Yes
    Investor protection fund Provides compensation to users in case of financial loss due to unforeseen circumstances on the platform.
    No
    Yes
    No
    2FA
    No
    Yes
    Yes
    Facial recognition
    No
    No
    No
    Cold wallet storage The majority of user funds are held offline, reducing vulnerability to online attacks.
    Yes
    Yes
    Yes
    Successful hacker attacks We review publicly available information on past security breaches to assess the exchange's security track record.
    No
    Yes
    No

    Is IndoEx a regulated crypto exchange? Regulation is crucial for the security and legitimacy of a cryptocurrency exchange. We assess the exchange’s regulatory status and its impact on platform reliability.

    IndoEx is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean IndoEx is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.

    Is verification (KYC) mandatory at IndoEx?

    Yes, KYC verification is mandatory at IndoEx. You will need to complete the verification process before you can open an account and access the platform's full range of services.

    Is IndoEx available in the USA?

    IndoEx 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: Coinbase, Kraken, OKX .

  • Deposit and Withdrawal

    Score:
    We evaluated the deposit and withdrawal experience, considering several key factors such as the range of available methods, transaction processing speed, minimum deposit requirements, and associated fees. Read more in our Methodology.
    2.5 /10

    IndoEx received a 2.5/10 rating for its deposit and withdrawal services. IndoEx offers limited funding options and may charge fees, which could be inconvenient for many users.

    • No deposit fees
    • Many cryptocurrencies for deposits and withdrawals
    • Bank transfers not available
    • No P2P transfer option

    Deposit and withdrawal options

    IndoEx supports the following deposit and withdrawal options: Crypto.

    IndoEx Deposit and withdrawal options vs competitors

    IndoEx Coinbase Kraken
    Bank transfers
    No
    Yes
    Yes
    Bank card
    No
    Yes
    Yes
    Crypto
    Yes
    Yes
    Yes
    PayPal
    No
    Yes
    Yes

    What is IndoEx minimum deposit?

    The minimum deposit at IndoEx is 0 USD/USDT or 9 BTC. The minimum trade size is 0 USD/USDT, which also serves as the minimum amount required to start trading on the platform.

    IndoEx minimum deposit vs competitors

    IndoEx Coinbase Kraken
    Minimum deposit, USD or USDT 0 10 10
    Minimum deposit, BTC 9 1 1
    Minimum trade amount, USD/USDT 0 2 1

    Does IndoEx support fiat money?

    IndoEx does not support fiat currencies; only cryptocurrencies are accepted.

  • Supported Coins & Markets

    Score:
    Evaluates the range of available cryptocurrencies, fiat currencies, and markets, as well as investment tools like staking, farming, and other yield options. Read more in the Methodology section.
    1 /10

    IndoEx received a score of 1/10 in this category, indicating a modest offering of assets and markets. While IndoEx covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.

    • Other supported products
    • Prediction markets are not supported
    • Only 70 supported coins

    IndoEx supported coins and markets vs competitors

    We compared IndoEx 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.

    IndoEx Coinbase Kraken
    Supported coins 70 400+ 400+
    Futures/Perpetual contracts
    No
    Yes
    Yes
    Options
    No
    No
    No
    NFTs
    No
    Yes
    Yes
    Tokenized Assets Digital tokens representing real-world assets, such as stocks, bonds, commodities, or real estate.
    No
    Yes
    Yes
    TradFi Perps Perpetual futures contracts linked to traditional financial assets, such as stocks, indices, or commodities.
    No
    Yes
    Yes
    Prediction Markets Markets where users trade contracts based on the outcomes of future events.
    No
    No
    No
    Other Assets
    No
    		Pre-IPO Forex, IPO

    IndoEx passive income options vs competitors

    We also compared IndoEx 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.

    IndoEx Coinbase Kraken
    Staking
    No
    Yes
    Yes
    Yield farming
    No
    Yes
    Yes
    Copy trading
    No
    No
    Yes

  • Customer Support

    Score:
    We evaluated Customer Support at IndoEx based on the availability of live chat, email, phone support, ticket systems, help center resources, 24/7 assistance, multilingual support, and response time. Our assessment focuses on support accessibility and responsiveness. Learn the assessment criteria
    3.1 /10

    IndoEx provides below-average customer support, with noticeable limitations in communication channels, service availability, or additional assistance resources.

    During TU testing, the exchange received a relatively low score for support accessibility and responsiveness. Users may face difficulties obtaining timely assistance with account access, deposits, withdrawals, or trading-related issues.

    • 24/7 customer support available
    • Customer support available through standard contact channels
    • Live chat support unavailable
    • No dedicated help center

    IndoEx Support Channels vs Competitors

    IndoEx Coinbase Kraken
    Live Chat
    No
    Yes
    Yes
    Email Support
    Yes
    No
    No
    Phone Support
    No
    No
    No
    Ticket System
    No
    Yes
    Yes
    24/7 Support
    Yes
    Yes
    Yes
    Help Center / FAQ
    No
    Yes
    Yes
    Multilingual Support
    No
    Yes
    Yes
    Contacts
    Official site https://www.indoex.io/
    Contacts support@indoex.io

Best IndoEx Alternatives

Coinbase
Logo Coinbase
Coinbase
8.5 /10
Spot Fees
Spot fee rate, Maker fee
0.5%
Coins
Coins Supported
400+
Kraken
Logo Kraken
Kraken
8.5 /10
Spot Fees
Spot fee rate, Maker fee
0.25%
Coins
Coins Supported
400+
OKX
Logo OKX
OKX
8.4 /10
Spot Fees
Spot fee rate, Maker fee
0.08%
Coins
Coins Supported
600+
BTCC
Logo BTCC
BTCC
8.4 /10
Spot Fees
Spot fee rate, Maker fee
0.2%
Coins
Coins Supported
399
Crypto.com
Logo Crypto.com
Crypto.com
8 /10
Spot Fees
Spot fee rate, Maker fee
0.25%
Coins
Coins Supported
400+

FAQs

How safe is IndoEx as a cryptocurrency exchange?

IndoEx has a safety score of 3.3/10, indicating a relatively low level of security and regulatory compliance. The exchange is not tier-1 or government-regulated and does not offer an investor protection fund or 2FA, but it does use cold wallet storage and has no history of successful hacker attacks.

What deposit and withdrawal methods are available at IndoEx?

IndoEx supports deposits and withdrawals in cryptocurrencies only and does not accept bank transfers, bank cards, PayPal, or Google Pay. The exchange charges no deposit fees, but its overall deposit and withdrawal services received a rating of 2.5/10 due to limited funding options and potential fees.

What do user reviews say about IndoEx?

IndoEx has a user satisfaction score of 6/10 based on 3 user reviews. All of these reviews are 3-star ratings, which indicates a mixed perception of the exchange’s services according to user reviews.

What coins and markets are supported on IndoEx?

IndoEx supports trading in 70 cryptocurrencies and covers basic trading functions. The exchange does not support fiat currencies, NFTs, futures, perpetual contracts, options, tokenized assets, traditional finance perpetuals, prediction markets, or passive income tools such as staking, yield farming, or copy trading.

How does customer support work at IndoEx?

IndoEx has a customer support score of 3.1/10, reflecting below-average accessibility and responsiveness. Support is available 24/7 via email only, with no live chat, phone support, ticket system, help center/FAQ, or multilingual support.

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