Mudrex Review 2026
Learn more about TU’s methodology
- No minimum for cryptocurrencies, 5,000 INR
- Web platform
- Mobile Apps
- FIU (India)
- OAM
- Bank of Lithuania
- Stop-loss and take-profit support, Coin Sets auto-rebalancing, Fear and Greed Index
Our Evaluation of Mudrex
Learn more about TU’s methodology
Mudrex is a high-risk cryptocurrency exchange with the TU Overall Score of 2.53 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Mudrex 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.
How we tested Mudrex
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 Mudrex
Mudrex is a fintech startup founded in 2018, with headquarters in the United States and India. The platform is regulated by FIU-IND (Financial Intelligence Unit) in India, OAM (Organismo Agenti e Mediatori) in Italy, and the Bank of Lithuania. Mudrex offers trading in more than 650 cryptocurrencies in Spot mode and over 500 futures pairs. Its product lineup includes thematic Coin Sets with automatic rebalancing, a Prime OTC service for high-net-worth and institutional clients with access to more than 100 assets and 24/7 liquidity, and a suite of crypto calculators. For beginners, Mudrex provides educational resources such as blogs, webinars, and step-by-step guides.
We've identified your country as
US
We have thoroughly analyzed all companies legally providing trading services in your country and created a ranking of the best ones. Our analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website.
Explore the 5 top-rated companies in
US :
- Regulated in India and the EU, with fund insurance through Lloyd’s of London.
- Wide selection of cryptocurrencies with dynamic fee structures.
- High level of security, including 2FA and AES‑256 encryption.
- Support for futures and features like stop-loss, take-profit, and liquidation indicators.
- Crypto withdrawals are subject to fees of up to 2%.
- EDD (Enhanced Due Diligence) verification is required to increase withdrawal limits.
TU Expert Verdict
Chief Analytics Officer
Mudrex provides access to trading over 650 cryptocurrencies via a proprietary web platform and mobile app, supporting both spot and futures accounts with leverage up to 1:100. The platform is regulated in India, Italy, and Lithuania, and offers features such as Coin Sets with auto-rebalancing, advanced charting with TradingView integration, and a Prime OTC service for institutional clients. There is no minimum deposit for cryptocurrencies, and deposits are available by crypto or INR transfer, with minimum trades starting at $1.
However, a notable drawback is that Mudrex does not hold Tier-1 regulation, which means investor protection measures may be limited compared to leading exchanges. Other disadvantages include relatively high spot and futures fees, withdrawal fees of up to 2% for crypto, and a lack of support for NFTs, staking, and yield farming. Mudrex is best suited for users seeking a wide selection of cryptocurrencies with non-U.S. regulation, but may not be suitable for traders who prioritize lower fees or advanced passive income options.
Mudrex Summary
Your capital is at risk.
| 💻 Trading platform: | Proprietary web platform and Mudrex mobile app |
|---|---|
| 📊 Accounts: | Real (Spot, Futures) |
| 💰 Account currency: | USD, INR, cryptocurrencies |
| 💵 Deposit / Withdrawal: | Cryptocurrencies, bank transfer in INR, UPI (PhonePe and Paytm) |
| 🚀 Minimum deposit: | No minimum for cryptocurrencies, 5,000 INR |
| ⚖️ Leverage: | Up to 1:100 (for futures) |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | $1 |
| 💱 Commission: |
Spot: 0.45%-0.45% Futures: 0.05%-0.05% |
| 🔧 Instruments: | 650 supported coins, Futures, Perpetual contracts, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Limit, Market |
| ⭐ Trading features: | Stop-loss and take-profit support, Coin Sets auto-rebalancing, Fear and Greed Index |
| 🎁 Contests and bonuses: | Yes |
Trades on Mudrex are executed quickly, supported by deep liquidity. Deposits are available in INR via UPI and IMPS with no fees, and in USD through stablecoins. Coin Sets are themed crypto portfolios created and managed by Mudrex experts. Each set includes multiple tokens grouped under a specific theme, such as Blue Chip, DeFi, NFT, or Metaverse, and functions similarly to an index fund. Users can choose between one-time investments or recurring plans, starting from as little as $5 to $10, with no management fees.
Mudrex Key Parameters Evaluation
Regulation and Safety
Mudrex received a score of 4.75/10, indicating a low level of security and regulatory compliance. This suggests that the platform may lack essential protections, and users should exercise extreme caution.
- Government-regulated
- 2FA
- No successful hacks history
- Not tier-1 regulated
- No facial recognition
Mudrex Security Factors
We also compared Mudrex against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Mudrex | Kraken | Coinbase | |
| Tier-1 regulation | No | Yes | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | No |
| Cold wallet storage | No | Yes | Yes |
| Successful hacker attacks | No | No | Yes |
Is Mudrex a regulated crypto exchange?
Mudrex 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.
Mudrex is authorized or licensed in accordance with local regulations in the following regions: India, Italy, Lithuania.
Is verification (KYC) mandatory at Mudrex?
Yes, KYC verification is mandatory at Mudrex. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is Mudrex available in the USA?
Mudrex 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 .
Mudrex commissions and fees
Mudrex received a 4.95/10 score for its commission structure, indicating that its fees are higher than the market average based on an evaluation of over 100 cryptocurrency exchanges.
- No deposit fee
- Futures fees above industry average
What are Mudrex trading fees?
We analyzed Mudrex’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.
Mudrex trading fees vs competitors
| Mudrex | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0.45 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.45 | 0.22 | 0.2 | 0.194 |
| Futures, maker fee(%) | 0.05 | 0 | 0 | 0.024 |
| Futures, taker fee(%) | 0.05 | 0 | 0.053 |
What are Mudrex deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | Fiat (INR): 0–1% +1% TDS; Crypto: 2% (min $0.5) |
Does Mudrex offer P2P trading?
No, Mudrex 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
Mudrex received a 2.5/10 rating for its deposit and withdrawal services. Mudrex offers limited funding options and may charge fees, which could be inconvenient for many users.
- Many cryptocurrencies for deposits and withdrawals
- No deposit fees
- No PayPal option
- No P2P transfer option
Deposit and withdrawal options
Mudrex supports the following deposit and withdrawal options: Crypto.
Mudrex Deposit and withdrawal options vs competitors
| Mudrex | Kraken | Coinbase | |
| Bank transfers | No | Yes | Yes |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
What is Mudrex minimum deposit?
The minimum deposit at Mudrex is 0 USD/USDT or 0 BTC. The minimum trade size is 0 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Mudrex minimum deposit vs competitors
| Mudrex | Kraken | Coinbase | |
| Minimum deposit, USD or USDT | 0 | 10 | 10 |
| Minimum deposit, BTC | 0 | 1 | 1 |
| Minimum trade amount, USD/USDT | 0 | 1 | 2 |
Does Mudrex support fiat money?
Mudrex supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Mudrex received a score of 6.5/10 in this category, reflecting a solid selection of tradable assets and markets. Mudrex supports 650 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.
- Crypto futures available
- 650 supported coins
- Fiat currencies supported
- Copy trading not available
- Crypto options not available
Mudrex supported coins and markets vs competitors
We compared Mudrex 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.
| Mudrex | Kraken | Coinbase | |
| Supported coins | 650 | 278 | 249 |
| Futures/Perpetual contracts | Yes | Yes | Yes |
| Options | No | No | No |
| NFTs | No | Yes | Yes |
Mudrex passive income options vs competitors
We also compared Mudrex 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
Mudrex received a score of 7.9/10 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.
- Advanced charting with TradingView support
- Mobile indicators allowed
- Full-featured trading on desktop
- Positive user feedback on the iOS app
- No access to API
- Advanced orders not available
- Android App score below 4 points
Trading apps
Mudrex provides web and mobile apps for both Android and iOS users, with an average rating of 4.5 on the App Store and 3.3 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 Mudrex platform is for mobile use.
| Mudrex | Kraken | Coinbase | |
| 2FA | Yes | Yes | Yes |
| Face ID | No | No | No |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | Yes | Yes | Yes |
| Advanced Orders | Yes | Yes | Yes |
| Trading with bots | Yes | No | No |
| API | No | Yes | Yes |
| Extra trading platforms | Mudrex Prime (OTC), Saber.Money | No | No |
Does Mudrex offer a desktop app?
Yes, Mudrex offers a desktop app with full trading functionality. It supports advanced charting, fast execution, and is compatible with both Windows and macOS systems.
Does Mudrex offer advanced charting with TradingView integration?
Yes, Mudrex 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
| Registration address | No. 257/A, 5th Cross, HSR Layout, VI Sector, Bengaluru South, Karnataka, India, 560102 |
|---|---|
| Regulation |
FIU (India), OAM, Bank of Lithuania
Licence number: VA00031079, 0099827/23, 306070243 |
| Official site | https://mudrex.com/ |
| Contacts |
Articles that may help you
Check out our reviews of other companies as well
