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
- $10
- WEEX proprietary browser-based platform
- Regulated platform, and high security level
Our Evaluation of WEEX
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
WEEX is a high-risk cryptocurrency exchange with the TU Overall Score of 2.07 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by WEEX 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.
WEEX is a reliable and innovative platform for trading cryptocurrency derivatives, with a strong emphasis on security and regulatory compliance. It offers unique opportunities for both professional and retail traders, ensuring a secure and trustworthy trading environment.
Brief Look at WEEX
WEEX is a global platform for trading cryptocurrency derivatives, particularly Bitcoin, Ethereum, and other altcoin futures. The platform supports USDT-margined and coin-margined contracts and offers a copy-trading feature that allows clients to copy the trades of professional traders. WEEX prioritizes client security, maintaining a 1,000 BTC protection fund, and adhering to high-security standards.
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 :
- WEEX is regulated by the U.S. MSB, Canadian MSB, and the St. Vincent and the Grenadines Financial Services Authority (SVG FSA).
- High-security standards with a 1,000 BTC protection fund.
- Simple and fast copy trading from professional traders.
- Multilingual client support and mobile app access.
- Limited selection of cryptocurrencies for trading.
- The primary focus is on futures trading, which may not suit all cryptocurrency traders.
TU Expert Advice
Author, Financial Expert at Traders Union
WEEX provides a platform for trading cryptocurrency derivatives, focusing on futures on Bitcoin, Ethereum, and other altcoins. Its clients benefit from USDT-margined and coin-margined contracts and a unique copy trading option. WEEX's regulatory compliance includes oversight by the U.S. MSB, Canadian MSB, and SVG FSA. The platform also prioritizes security, maintaining a 1,000 BTC protection fund and offering a mobile app with multilingual client support.
Despite these advantages, WEEX presents several drawbacks. It offers a limited selection of cryptocurrencies focused mainly on futures, which may not appeal to those interested in wider cryptocurrency options. Withdrawal fees and limited funding methods could be inconvenient for some users. Therefore, while WEEX may suit experienced traders focused on futures trading, individuals seeking diverse cryptocurrency offerings or more flexible transaction options may find it less optimal.
WEEX 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: | WEEX proprietary browser-based platform |
|---|---|
| 📊 Accounts: | Accounts for futures and spot trading |
| 💰 Account currency: | USD, BTC, ETH, USDT, and others |
| 💵 Deposit / Withdrawal: | Bank accounts and cards, crypto wallets |
| 🚀 Minimum deposit: | $10 |
| ⚖️ Leverage: | Up to 125x |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | No |
| 💱 Commission: |
Spot: 0,1%-0,1% Futures: 0,02%-0,08% |
| 🔧 Instruments: | 915 supported coins, Futures, Fiat, NFT. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | App available for iOS and Android |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Limit order, and Market order |
| ⭐ Trading features: | Regulated platform, and high security level |
| 🎁 Contests and bonuses: | Various promotions and bonuses are available |
WEEX offers trading conditions suitable for both institutional and retail investors. As a global trading platform, WEEX allows clients to trade cryptocurrency derivatives from a single account. The platform supports futures trading and offers comprehensive services for traders, including copy trading.
WEEX Key Parameters Evaluation
Share your experience
- Best
- Last
- Oldest
Regulation and safety
WEEX has earned a rating of 8.25/10, demonstrating strong security and regulatory compliance. This score suggests that the exchange is generally reliable and offers a solid level of protection for users.
- 2FA
- Investor protection fund
- U.S-regulated
- No successful hacks history
- Government-regulated
- Tier-1 regulation
- Cold wallet storage is not mandatory
- No facial recognition
WEEX Security Factors
We also compared WEEX against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| WEEX | OKX | Kraken | |
| Tier-1 regulation | Yes | No | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | Yes | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | Yes | No |
| Cold wallet storage | No | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is WEEX a regulated crypto exchange?
WEEX is regulated by a Tier-1 financial authority (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or another jurisdictions with strict financial oversight). This ensures strong investor protection, compliance with stringent operational standards, and enhanced security for users trading on the platform.
WEEX is authorized or licensed in accordance with local regulations in the following regions: U.S, Canada, St. Vincent and the Grenadines.
Is verification (KYC) mandatory at WEEX?
Yes, KYC verification is mandatory at WEEX. 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 WEEX available?
WEEX complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Iran, Islamic republic, Syrian Arab Republic. For the most up-to-date information on regional availability, please contact WEEX support.
Is WEEX available in the USA?
WEEX 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: OKX, Kraken, Crypto.com .
WEEX commissions and fees
WEEX received a 7.5/10 score for its trading fees. While WEEX is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Futures fees below industry average
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are WEEX trading fees?
We analyzed WEEX’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.
WEEX trading fees vs competitors
| WEEX | Huobi Global | WhiteBIT | Industry average | |
| Spot, maker fee (%) | 0,1 | 0,2 | 0,1 | 0.15 |
| Spot, taker fee (%) | 0,1 | 0,2 | 0,1 | 0.194 |
| Futures, maker fee(%) | 0,02 | 0,02 | 0,02 | 0.024 |
| Futures, taker fee(%) | 0,08 | 0,05 | 0,05 | 0.053 |
What are WEEX deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,00016 BTC 0,0015 ETH |
Does WEEX offer P2P trading?
No, WEEX 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
WEEX received a 4/10 rating for its deposit and withdrawal services. WEEX offers limited funding options and may charge fees, which could be inconvenient for many users.
- Many cryptocurrencies for deposits and withdrawals
- Bank cards accepted for instant deposits
- No deposit fees
- Withdrawal fee applies
- No Google Pay option
Deposit and withdrawal options
WEEX supports the following deposit and withdrawal options: Bank card, Crypto.
WEEX Deposit and withdrawal options vs competitors
What is WEEX minimum deposit?
The minimum deposit at WEEX is 10 USD/USDT or 0,0001 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
WEEX minimum deposit vs competitors
| WEEX | OKX | Kraken | |
| Minimum deposit, USD or USDT | 10 | 10 | 10 |
| Minimum deposit, BTC | 0,0001 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 1 | 0,00001 | 1 |
Does WEEX support fiat money?
WEEX supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
WEEX received a score of 8/10 in this category, highlighting its excellent selection of tradable assets and market access. WEEX supports 915 coins and caters to various trading types, making it a strong choice for both active traders and long-term investors.
- Crypto copy trading available
- Fiat currencies supported
- Crypto futures available
- Staking not available
- Crypto options not available
WEEX supported coins and markets vs competitors
We compared WEEX 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.
| WEEX | OKX | Kraken | |
| Supported coins | 915 | 329 | 278 |
| Futures/Perpetual contracts | Yes | Yes | Yes |
| Options | No | Yes | No |
| NFTs | Yes | Yes | Yes |
WEEX passive income options vs competitors
We also compared WEEX 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
WEEX received a score of 7.5/10 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.
- App data protection with 2FA
- Mobile indicators allowed
- Advanced tools and automation with API
- Positive user feedback on the iOS app
- Advanced orders not available
- No access to TradingView features
- No standalone desktop access
Trading apps
WEEX provides web and mobile apps for both Android and iOS users, with an average rating of 4,6 on the App Store and 4,2 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 WEEX platform is for mobile use.
| WEEX | |
| 2FA | Yes |
| Face ID | No |
| Mob Indicators | Yes |
| Alerts | No |
| Advanced Orders | Yes |
| Trading with bots | Yes |
| API | Yes |
| Extra trading platforms | No |
Does WEEX offer a desktop app?
No, WEEX does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does WEEX offer advanced charting with TradingView integration?
No, WEEX does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Official site | https://www.weex.com/ |
|---|
Articles that may help you
Check out our reviews of other companies as well
User Satisfaction i