IndoEx Review 2026
Learn more about TU’s methodology
- USDT 1
- Mobile Apps
- TradingView
- Only Limit orders
Our Evaluation of IndoEx
Learn more about TU’s methodology
IndoEx is a high-risk cryptocurrency exchange with the TU Overall Score of 2.7 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by IndoEx 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.
IndoEx offers spot trading to experienced traders and those new to the cryptocurrency market. The exchange prioritizes security and user-friendliness, enabling active trading in a wide range of cryptocurrencies, from popular coins to lesser-known ones.
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.
Brief Look at IndoEx
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.
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- 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.
TU Expert Verdict
Chief Analytics Officer
IndoEx provides access to trading 70 cryptocurrency pairs on both its web-based TradingView platform and mobile apps, supporting spot trading only. The exchange requires KYC verification and offers Basic and Enhanced accounts, with trading fees set at 0.15% for both makers and takers. IndoEx employs cold wallet storage for client assets and has not reported successful security breaches. Users benefit from a user-friendly interface and high withdrawal limits for verified accounts.
However, a notable drawback is that IndoEx is not regulated by any government authority, which leaves users without key investor protections found at major exchanges. Additional disadvantages include the absence of margin or futures trading, no support for fiat deposits or bank transfers, and only limit orders are available. IndoEx may not be suitable for traders who prioritize strong regulation, fiat access, or advanced trading tools.
IndoEx 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 trading platform based on TradingView, and mobile apps for Android and iOS |
|---|---|
| 📊 Accounts: | Basic Accounts, Enhanced Accounts |
| 💰 Account currency: | USDT, BTC, ETH and other cryptocurrencies |
| 💵 Deposit / Withdrawal: | Cryptocurrencies |
| 🚀 Minimum deposit: | 0 USDT (BSC), 1 USDT (TRC), 10 USDT (ERC) |
| ⚖️ Leverage: | No |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | 0.001 |
| 💱 Commission: | Spot: 0.15%-0.15% |
| 🔧 Instruments: | 70 supported coins. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Limit |
| ⭐ Trading features: | Only Limit orders |
| 🎁 Contests and bonuses: | Yes |
IndoEx only supports spot trading, allowing clients to trade cryptocurrency pairs exclusively with their funds. The platform currently offers trading pairs with 152 cryptocurrencies. Advanced features such as margin trading or futures contracts are not available.
IndoEx Key Parameters Evaluation
Regulation and Safety
IndoEx received a score of 3.25/10, 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 U.S regulated
- Not government-regulated
IndoEx Security Factors
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 | Kraken | Coinbase | |
| Tier-1 regulation | No | Yes | Yes |
| Government-regulated | No | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | No | Yes | Yes |
| Facial recognition | No | No | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | Yes |
Is IndoEx a regulated crypto exchange?
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: Kraken, Coinbase, OKX .
IndoEx commissions and fees
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 | |
| Spot, maker fee (%) | 0.15 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.15 | 0.22 | 0.2 | 0.194 |
What are IndoEx deposit and withdrawal fees?
| Deposit fee, % | 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.
Deposit and Withdrawal
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.
- Many cryptocurrencies for deposits and withdrawals
- No deposit fees
- Withdrawal fee applies
- 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 | Kraken | Coinbase | |
| 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 | Kraken | Coinbase | |
| Minimum deposit, USD or USDT | 0 | 10 | 10 |
| Minimum deposit, BTC | 9 | 1 | 1 |
| Minimum trade amount, USD/USDT | 0 | 1 | 2 |
Does IndoEx support fiat money?
IndoEx does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
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
- Yield farming not available
- Crypto options not available
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 | Kraken | Coinbase | |
| Supported coins | 70 | 278 | 249 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | No |
| NFTs | No | Yes | Yes |
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.
Contacts
| Official site | https://www.indoex.io/ |
|---|---|
| Contacts |
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