Cex.io Review 2021: Security, Fees & Special Features

The web’s most detailed Cex.io review: Regulation, veteran status, trading, staking, lending, and cryptocurrency investment can only mean one thing, Cex.io. This exchange has been on the blocks for quite some time now and we decided to take a closer look at why so many investors and traders keep coming back. Keep reading to learn more about what our expert has to say about this UK-based crypto exchange and find out if this is your next go-to crypto trading platform in the UK.

4.08/5
Excellent
Regulated by
FinCEN, GFSC
United Kingdom flag
Cex.io
Founded July 2013
Owner CEX.IO Limited
Type Cryptocurrency Exchange
Fees 0.25%
account minimum 20$
Best for All Traders

Why Cex.io

In this section of our Cex.io review we highlight 6 special features that deserves extra attention.

Easiest and fastest way to buy cryptocurrency with fiat through card payments, bank transfers, or e-wallets.
Buy Cryptocurrency
Easiest and fastest way to buy cryptocurrency with fiat through card payments, bank transfers, or e-wallets.
Trusted by traders and investors for over 5 years on the market has earned this platform the veteran status.
Veteran Trading Platform
Trusted by traders and investors for over 5 years on the market has earned this platform the veteran status.
Deposit your fiat currency and start trading or investing in cryptocurrencies without any blockchain transactions.
Fiat Account
Deposit your fiat currency and start trading or investing in cryptocurrencies without any blockchain transactions.
This platform is perfect for beginners with limited trading or investing experience online.
Beginner Friendly
This platform is perfect for beginners with limited trading or investing experience online.
Increase the size of your positions and access more trading capital with margin orders. Be mindful of the risk.
Margin Trading
Increase the size of your positions and access more trading capital with margin orders. Be mindful of the risk.
Stake your cryptocurrencies and earn passive income from coins by holding them locked up.
Staking
Stake your cryptocurrencies and earn passive income from coins by holding them locked up.

About Cex.io

Cex.io is a veteran cryptocurrency exchange that opened the doors for buying, selling, and trading crypto back in 2013. The main company behind the operation is CEX.IO Limited which is also regulated in Gibraltar. The exchange is based in the United Kingdom with a street address of 24th Floor One Canada Square, Canary Wharf, London, London E14 5AB.

What makes this exchange stand out is the long track record of doing business and the early adoption of cryptocurrency exchanging. Cex.io is a fully regulated digital asset exchange that increases its trustworthiness by miles. We highly recommend both beginners and experienced crypto traders to try Cex.io!

Why use Cex.io

If you are new to crypto and are interested in investing with a trusted exchange I would definitely recommend trying Cex.io. You can trade cryptocurrencies actively but I don’t recommend it due to the outdated trade interface. Overall, if you don’t have a lot of experience in cryptocurrency investing and are not an online freak, Cex.io is a great place to start your investing career.

Trading on Cex.io

There are two options for trading on Cex.io. You can choose to stay on the exchange and use the very poor trade interface that is lacking a lot of tools and have ancient charting software. Or you can choose to visit the Cex.io broker and trade cryptocurrency CFD’s where you will be introduced to the standardized Tradingview charting software. This platform is way smoother than the standard version and you will have access to the latest technical tools from Tradingview.

On the broker version, you will have access to 100x leverage and you also unlock more powerful order selections that will suit active day traders better. Anyhow, I would not recommend day trading on Cex.io due to the difficulty on the exchange platform. I see Cex.io as more like an investment exchange for beginners.

Payment methods and limits

Cex.io has unlimited spending and withdrawals if you upgrade your account to a corporate account. This requires that you pass a more difficult verification process, however. The payment options on Cex.io are all the standard card payments, bank transfers, but also some more exotic providers like SWIFT, ACH, Qiwi, Skrill, Epay, and ADVCash.

Things we don’t like

The trading interface is good for beginners, however, if you are an experienced trader you might lack some specific trading tools. I want to point out that you can trade CFD contracts on the broker site and use a much stronger trade interface that is developed for active day traders.

Trading Fees

Products
Maker fee
Taker fee
Cryptocurrency
0.16 %
0.25 %
Forex
0.00164 %
0.00164 %
Stocks
0.03 %
0.03 %
Metals
0.0025 %
0.0025 %

Products

Cryptocurrency
Cryptocurrency
Forex
Forex
Stocks
Stocks
Metals
Metals

Trading Platforms

Webtrader
Webtrader
Own trading platform Windows + Mac
Own trading platform Windows + Mac
Tradingview
Tradingview

Order Types

MO - Market Order
LO - Limit Order
SL - Stop Limit
SM - Stop Market
SL - Stop Loss
TP - Take Profit
GTC - Good till Cancelled
GTD - Good till Date

Devices

Desktop
Desktop
Smartphone
Smartphone
Web
Web
Tablet
Tablet

Special Features

Lending
Trading App
Leverage Trading
Altcoins
Institutional Trading
Demo Account
Education
KYC
2FA Verification
Fast Account Verification
Instant Coin Exchange
High Security
Quick Registration
Instant Deposits
High Limits
Paper Trading
Market Making
Short Selling

About the special features on Cex.io

Cex.io is not full of surprises when it comes to special features as it mostly promotes investing in cryptocurrencies with card payments, bank transfers, and other payment methods. However, there are some things worth mentioning when we are looking at his exchange.

First, I don’t think many people know this but there is a demo account where you can paper trade with fake money and try out the trade interface before you start with real money. Second, staking and lending are two features that have come to life lately and I highly recommend that you check them out. Third, there is an institutional trading side to Cex.io that is almost hidden, but if you are interested you can head over and have a look.

Buy cryptocurrencies

As mentioned before, Cex.io is famous for very simple and seamless cryptocurrency investments. The platform is a no-brainer when it comes to buying crypto with fiat money, it could not be easier than this. You can choose between preset amounts or choose your own amount to invest.

Mobile Trading App

The mobile app is very nice, it features the buy and sell function as well as the option to exchange from crypto to crypto. If you want today trade through your mobile phone, this app has this option as well. It’s not very advanced so if you are a more experienced trader you might want to look elsewhere. If you are a beginner you’ve come to the right place.

How the KYC Works

You can choose how you want to identify yourself on Cex.io. You can send in your KYC-documents to verify your identity, address or choose the enhanced verification and corporate verification to get access to higher spending and withdrawal limits on the exchange.

Cryptocurrency, Forex, Stocks, and Metals

Cex.io offers trading in many different products. If you want to access the forex, stocks, and metals market you have to click your way to the broker site. Here you will be able to trade these products in CFD contracts. There is a 0% deposit fee and 0% withdrawal fee when using the Cex.io broker.

Funding

Visa
Visa
Mastercard
Mastercard
SWIFT
SWIFT
Faster Payment System (FPS)
Faster Payment System (FPS)
SEPA
SEPA
QIWI
QIWI
Skrill
Skrill
ADV Cash
ADV Cash
ACH
ACH
epay
epay

Accepted Currencies

USD ($)
EUR (€)
GBP (£)
RUB (₽)

Limits

Max Withdrawal Limits
$0 daily
Min Withdrawal Limits
$20
Min Deposit Limits
$20

Languages

United Kingdom
English
Russian Federation
Russian
China
Mandarin (Chinese)
Italy
Italian
Portugal
Portuguese
Spain
Spanish

Restricted Countries

N/A

Security

Is Cex.io safe?

No customer funds have ever been lost on Cex.io since 2013 and this is a huge plus for this crypto exchange. In addition to this, you can add a 2FA verification protection with your mobile phone and google authenticator. This is a regulated and licensed exchange which is why this platform has earned an Excellent rating on Tradingbrowser.

Is Cex.io regulated?

Yes, Gibraltar Financial Services Commission (GFSC) is the active regulator with a reference number: FSC1345B

Support

Phone Number
Phone Number
+44 203 9661 272
Live Chat
Live Chat

Frequently asked questions

Read the most frequently asked questions about Cex.io. Find answers without searching the web.

Cex.io is a trusted cryptocurrency exchange that has kept 100% of customers. funds safe since the inception of the exchange. Cex.io is also a regulated and licensed exchange which adds to its trustworthiness.

Yes, Cex.io is regulated in Gibraltar by the Gibraltar Financial Services Commission (GFSC) with a reference number: FSC1345B

Head over to the withdraw section by clicking the withdraw button in the top right corner of the exchange and follow the instructions for each payment method.

Yes, you can send and receive Bitcoins through the Cex.io exchange.

This cryptocurrency exchange is very user-friendly, especially for beginners who are looking to invest in cryptocurrencies. You can trade, short sell, and buy bitcoin.