In 2013, Bit World Investments founded AEX. Since then, for the past nine years, AEX has grown to become one of the most well-known crypto brokers in the world. AEX was, originally, a transaction matchmaker, but it has grown to become a global crypto-management provider. According to the broker, it advocates for “stable asset appreciation” and safe investments.
The stats on AEX are impressive, particularly its history in an industry that can be quite volatile. According to the company, AEX has over one million cumulative users, and it offers more than 300 trading pairs. In 2019, AEX introduced a crypto loan service, as well as management services to support debt-swap functions. Partners of AEX include Cointelegraph, CoinDesk, AMB Crypto, Beinga, BeInCrypto, Btok, and Decrypt.
Pros and Cons
Pros
- Specialized Digital Financial Platform
- Rich Trading Pairs
- Hold Compliance License
- Nine-year Crypto Exchange
- Loan Service Offered
- Longevity In Industry
- Unique Features Set AEX Apart
- Support 350+ Tokens Trading
- Support 70+ Financial Products
Cons
- Few Educational Resources
- Might Be Unregulated
Recommended For
Cryptocurrency trading isn’t exactly the most stable profession out there, so you want to make sure that you have some knowledge base before you sign up with a broker like AEX. There aren’t many resources for education with this broker, so make sure that you have at least some experience before you sign up.
Top Features
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Financial Opportunities. AEX offers features like AEX Earn, slot auctions, mining markets, and more financial features that you don’t find with other brokers.
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Longevity. As aforementioned, one of the best features of this broker is the fact that it has been around for nearly a decade. That has allowed it to have a global footprint, which not many other crypto brokers can say they possess.
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Web Platforms. For its traders, AEX offers two proprietary trading platforms. One is the standard platform, which is basic and geared towards traders who are not advanced (yet). This platform has simple features like prices, an order book, and a trading history. The second platform is far more advanced and geared for experienced traders. Traders can access 50+ technical indicators, drawing tools, and analytical features. The advanced platform takes up the entire screen, and it is full of high-tech features.
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Low Fees. Out of other brokers in the industry, AEX provides some of the lowest fees. Trade fees can reach as low as 0.10% per trade. Considering that a lot of brokers’ fees start at 0.25%, that number is significantly lower.
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Loan Offers. This will be discussed more in the sections below, but AEX offers low-interest loans with a time range of up to twelve months. Again, this is a feature you don’t see everyday with other brokers.
Overview
- Type of Broker Crypto Exchange
- Regulation & Licensing Financial Industry Regulatory Authority (United States)
- Clients Accepted from 150 Countries
- Assets Offered Cryptocurrencies
- Platforms Available Web, Mobile
- Mobile Compatibility iOS, Android
- Payment Types Accepted Credit/Debit Card
Account Types
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AEX Account |
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Features |
AEX Exchange Platform |
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Account Currencies |
USD |
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Available Leverage |
Unlisted |
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Minimum Deposit |
Varies |
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Starting Spreads |
N/A |
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Commission Per Trade |
As Low As 0.05% per trade |
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Decimal Pricing |
N/A |
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Trading Instruments |
Cryptocurrency |
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Min. Transaction Amount |
N/A |
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Demo Account |
No |
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Swap/Rollover Free |
No |
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Copy Trading Support |
Compliance & Regulation
According to AEX, it is regulated by FINRA, a U.S. body, but a search in BrokerCheck on FINRA’s website revealed no results for “AEX Exchange.”
Reliability & Security
According to FXEmpire, AEX is a “reliable…trusted” exchange that has managed to make it years without any major security incidents. Reddit and other social media platforms provide good resources for determining whether AEX is reliable, as people have posted about both good and bad experiences with this broker.
User Experience
Judging from user ratings on other review sites, it seems as though AEX is viewed in a (mostly) above-average light. Here are some of the star ratings and their sources:
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CryptoWisser: 3.5/5
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Revain: 3.4/5
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Facebook: 5/5
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RebateKingFX: 2.1/5
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CashBackForex: 2.1/5
Final Thoughts
While its regulation is murky, AEX, at least as far as features go, seems as though it provides innovations that other brokers don’t. Do your own research into the company and think carefully before deciding whether you want to trade with AEX.
Contact Info
istra Corporate Services Centre Suite 23, 1st Floor Eden Plaza, Eden Island, Mahé Republic of Seychellesemail
FAQs
Q: How do I set up an account?
A: To set up an account, go to www.aex.com. On the right-hand, upper corner of the page, there will be a blue button that says “Sign Up.” Click it to begin the process of creating an AEX account.
Q: What is AEX’s trading volume?
A: As of March of 2022, the company says that its trading volume, in USD, is $1.204 billion.
Q: What are some security features at AEX?
A: AEX uses several risk control measures, such as separating online and offline wallets, isolating network research and production, conducting professional-level anti-penetration tests regularly, isolating access for specific codes, and conducting intelligence analysis for abnormal changes in the AEX system.
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