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FREEKONOMIST
RANK 9 OF 13

WEEX

medium trust · scored on blocks worth 85 of 100 points

Affiliate link: we may be paid. It does not affect the score. 18+ only.

60C
LicencesReservesSecurityLiquidityWhat people sayOpinion leadersAPI reliability
Reviews

What people say

Ratings from our readers and fresh reviews from the exchange app's users.

Freekonomist readers' ratings

—

Give the exchange 1 to 5 stars and say briefly why. One rating per account, you can change it. Not part of the score.

App Store reviews

Latest 40 reviews: ★ 4.0 on average, complaints (1–2 stars) 25%. 🇦🇺 🇺🇸 🇳🇬 🇬🇧 🇦🇪 🇵🇭

★★★★★

Hnsj

Very good for tradings

Alina aliyan Hassan · 🇦🇺 2026-10-19 · App Store ↗
★★★★★

CEO

Best exchange In all of “OTHER” country! lol!

WEEX CEO #2 · 🇺🇸 2026-10-16 · App Store ↗
★★★★★

Weex crypto futures

I love trading on leverage and futures on this app. They have improved remarkably over the last couple of years. The Customerservice has improved quite a bit and they respond to questions and emails in appropriate fashion. their withdrawals are fast and they help me with my accounting for last year as well for tax purposes. No complaints, well run platform.

Bhaskarrao009 · 🇺🇸 2026-10-15 · App Store ↗
★★★★★

Mercy to user

Can you guys please lower the trading fees?

SirBatt · 🇺🇸 2026-10-14 · App Store ↗
Show all reviews (40)
★★★★★

Easy and Fast

Since I installed this app It makes me more comfortable to trade and hold my crypto assets. Their functionality works very well.

Aryamoon · 🇺🇸 2026-10-02 · App Store ↗
★★★★★

Crashing on iphone 7

Its crashing on iphone 7 ios 15.8.8 This happened from 25 september 2026 after weex update. I removed and reinstalled many time

Arminj2 · 🇺🇸 2026-10-02 · App Store ↗
★★★★★

Fantastic

Weex is absolutely fantastic

Samuelkken · 🇳🇬 2026-10-01 · App Store ↗
★★★★★

Сделайте настройку избранных кнопок

Сделайте настройку из избранных кнопок на главном экране

sNoName · 🇺🇸 2026-09-28 · App Store ↗
★★★★★

Great Platform

I have been using WEEX for years and I can’t rate them high enough.

Lecky_sol · 🇬🇧 2026-09-26 · App Store ↗
★★★★★

Bad experience in loading to p2p order

I alway have a delay in loading to my weex p2p Please work on that p2p Not to load if someone wants to trade p2p

Vkhjhb · 🇳🇬 2026-09-26 · App Store ↗
★★★★★

Totally Scam Exchange

This exchange given custom event. Almost 1k+ user joined this event. this event ended 3rd September. Almost 20 days gone but still not paid any user's 😡

yeasin121 · 🇺🇸 2026-09-22 · App Store ↗
★★★★★

Scammers

don’t trade or deposit your money in this bs!! You’ll get scammed in the p2p and weex is backing the scammers up. Scammers can now make a partial payment and then ask you to release your coin, when you refuse and submit an appeal, weex team will immediately release your coins to the buyer. Even after fully knowing people get scam by that the same logic. That’s my experience on weex. I regret knowing weex.

Weex ex user. · 🇺🇸 2026-09-17 · App Store ↗
★★★★★

Great

Simply the best futures exchange

RomanDolgov · 🇺🇸 2026-09-16 · App Store ↗
★★★★★

OCJ

Best exchange around

Oilcan jones · 🇺🇸 2026-09-15 · App Store ↗
★★★★★

Good app

Wow so nice i am loving it so easy to learn and trade

Ali yaseeen · 🇦🇪 2026-09-14 · App Store ↗
★★★★★

Mr Muhammad Awais

Very good app for trading

Mallhhii · 🇬🇧 2026-09-07 · App Store ↗
★★★★★

Great

Love this app

whackandumb · 🇺🇸 2026-09-06 · App Store ↗
★★★★★

Engr.

You are the first platform I have used that has given us an option to trade stocks in the most simplified format.

Manaz Kwari · 🇳🇬 2026-09-05 · App Store ↗
★★★★★

Very Good!

Easy to navigate and straightforward especially for beginners.

Docdacirunay · 🇵🇭 2026-08-29 · App Store ↗
★★★★★

Great to use

Best for trade and low fee

𝓢𝓾𝓛𝓣𝓪𝓝 𝓞𝓜𝓲𝓓 · 🇺🇸 2026-08-26 · App Store ↗
★★★★★

Fast and Easy

Love Weex app

sheek409 · 🇺🇸 2026-08-23 · App Store ↗
★★★★★

Trusted and reliable

I love using weex exchange it is very seamless and easy to use. They have improved a lot and made a lot of updates. Very well secured and never encountered any hack. Love thier 24/7 customer service

Akhan0412 · 🇺🇸 2026-08-22 · App Store ↗
★★★★★

ui界面很丝滑不卡顿

非常流畅,而且平台也非常用心的在做

Noetis6743 · 🇺🇸 2026-08-22 · App Store ↗
★★★★★

No good platform trust and believe the high Rate is Deceptive

Now this application isn’t available in USA it becomes unavailable to US citizens after depositing so be careful I was told the goal post got moved after being verified then all of sudden the region isn’t available I’m glad I only $20 hard earned bucks instead of a big sum don’t know what happened besides a bunch of rules being implemented after your already committed so my advice is look for yourself all countries are listed besides UNITED STATES OF AMERICA I’m not sure why it’s even allowed too be downloaded in the USA because it’s worthless to Americans

N.O.M.A.D · 🇺🇸 2026-08-19 · App Store ↗
★★★★★

‼️⭐️⭐️⭐️⭐️⭐️‼️

Absolutely the best Exchange available. Highly trusted/High liquidity/The best trade to earn events/Safe and reliable withdrawals and deposits ALWAYS! ‼️Truly The Best Trading Platform‼️👀

Fast Dr.Happy · 🇺🇸 2026-08-18 · App Store ↗
★★★★★

这是一个黑交易所平台

请谨慎交易 谨慎使用 无法提币以及交易 直接冻结账户

okabbbb · 🇺🇸 2026-08-16 · App Store ↗
★★★★★

Tokens Addresses

Let tokens display your address on the exchange

Bright ✌️✌️✌️✌️ · 🇳🇬 2026-08-16 · App Store ↗
★★★★★

购买比特币

好评返现,特别厉害👍🏻厉害👍🏻厉害👍🏻

超级越越 · 🇺🇸 2026-08-14 · App Store ↗
★★★★★

Trading

One of the best if not the best

square_team130 · 🇳🇬 2026-08-13 · App Store ↗
★★★★★

Great app

My buddy got me connected to this. So I’m still learning . But I like it

Lord Faol · 🇺🇸 2026-08-12 · App Store ↗
★★★★★

Excellent

Seamless and easy to use

Dayordee4 · 🇳🇬 2026-08-12 · App Store ↗
★★★★★

Scam

I have an account with weex now if I want to login they tell me I have no account with them with my funds in the account

pyrexopd · 🇳🇬 2026-08-11 · App Store ↗
★★★★★

Keeps stealing my clipboard content

Stop asking me to paste every-time I open the app, stop it!

YounesDdxb · 🇦🇪 2026-08-10 · App Store ↗
★★★★★

Another good exchange

What’s not to like all the feature to trade both ways.

Ballski76 · 🇬🇧 2026-08-07 · App Store ↗
★★★★★

Mube

You’re the best

Dumbabka · 🇳🇬 2026-08-07 · App Store ↗
★★★★★

Worth it

Love the interface

nubsmoke · 🇺🇸 2026-07-31 · App Store ↗
★★★★★

Great platform

Great platform I love it.

urway39 · 🇺🇸 2026-07-25 · App Store ↗
★★★★★

Отличный опыт использования WEEX

Я уже некоторое время пользуюсь WEEX, и мой опыт оказался очень положительным. Приложение быстрое, стабильное и удобное в использовании даже для ежедневной торговли. Больше всего мне нравится быстрое исполнение ордеров и понятный, удобный интерфейс, который делает торговлю комфортной. WEEX также регулярно проводит интересные акции и мероприятия для сообщества. В целом, это одна из бирж, которой я пользуюсь чаще всего, и я с уверенностью могу рекомендовать WEEX всем, кто ищет надежную и удобную криптовалютную торговую платформу

Kinglash_M · 🇺🇸 2026-07-25 · App Store ↗
★★★★★

Good

Why can’t I control my stoploss and take profits on my chart

Danielmichale · 🇳🇬 2026-07-22 · App Store ↗
★★★★★

Run away

It’s a complete scam, the mechants on the platform never release crypto and WEEX endorses scammers

Prz trades · 🇳🇬 2026-07-21 · App Store ↗

Fresh App Store reviews as they are: we neither edit nor pick them. They are not part of the score; the App Store average is.

Licences

0 / 25

Where the exchange is legal: licences and registrations from regulators' registers, minus bans and fines.

Confirmed in regulators' registers

  • 🇺🇸 United StatesregistrationFinCEN · WEEX INTERNATIONAL EXCHANGE LTD (Aurora, CO address) · № auth. sign 11/05/2025, received 11/09/2025source ↗
  • 🇺🇸 United StatesregistrationFinCEN · WEEX LLC (Wilmington, DE) · № received 06/04/2026source ↗

Claimed, not confirmed in a register

  • 🇨🇦 CanadaregistrationFINTRAC · WEEX (claimed M21642476) · № M21642476 (claimed)source ↗
  • 🇸🇻 El SalvadorregistrationBCR · WEEX (claimed) · № n/asource ↗
  • 🇦🇪 United Arab EmiratespendingVARA · WEEX (reported) · № n/asource ↗

Regulator actions

  • 🇺🇸 United Statesban · 2025-03Georgia (US state) Dept of Banking & Finance cease-and-desist order final 27 Mar 2025 vs WEEX International Exchange LTD (unlicensed money transmission)source ↗
  • 🇨🇦 Canadawarning · 2023-06OSC investor warning (8 Jun 2023): WEEX not registered in Ontariosource ↗
  • 🇮🇳 Indiawarning · 2026-09FIU-IND non-compliance notice (9 Sep 2026) to Weex International Exchange LTDsource ↗

Does not serve, by its own terms

🇨🇦 Canada🇰🇷 South Korea🇺🇸 United States🇨🇳 China🇭🇰 Hong Kong SAR China🇸🇬 Singapore🇦🇪 United Arab Emirates🇰🇵 North Korea🇨🇺 Cuba🇮🇷 Iran🇸🇩 Sudan🇧🇾 Belarus🇷🇺 Russia🇸🇴 Somalia🇲🇲 Myanmar (Burma)🇻🇪 Venezuela🇺🇦 Ukraine

exchange terms ↗

Reserves

16 / 20

Proof of reserves: is there one, who checked it, how fresh it is and whether coins cover every client balance.

MethodMerkle tree, no auditorno auditor named
Snapshot2026-09-3022 days ago
BTC146.39%coverage
ETH124.46%coverage
USDT100.02%coverage

proof of reserves page ↗

Security

15 / 15

Past hacks and whether clients were made whole, the insurance fund.

Hacks

No known hacks of the exchange.

Insurance fund

1001 BTC · 1,000 BTC protection fund, checked on-chain source ↗

Liquidity

12.4 / 15

Real BTC order-book depth within ±2% and futures open interest.

BTC depth ±2%$39.8MBTC/USDT, spot
Spot volume 24 h$596.5Mreported
Open interest149,817 BTCfutures

Powered by CoinGecko

What people say

7.4 / 10

App Store ratings across countries, weighted by the number of reviews.

App Store★ 4.595,520 ratings, 15 countries

🇺🇸 ★ 4.63 (2,178)🇳🇬 ★ 4.55 (875)🇺🇦 ★ 4.59 (618)🇬🇧 ★ 4.62 (315)🇷🇺 ★ 4.27 (246)🇦🇪 ★ 4.71 (233)🇻🇳 ★ 4.32 (224)🇩🇪 ★ 4.61 (207)

What the internet says

Over the last six months, user reports about WEEX are mixed but skew strongly negative on Trustpilot, especially over access to funds, account restrictions and customer support; app feedback also includes praise for usability alongside complaints about bugs. The reported complaints are user allegations, not independently verified findings. Separately, an AIFC Court order in Kazakhstan addressed WEEX among platforms providing digital-asset services without the required licence within the AIFC; the sources reviewed did not establish a customer-funds theft hack during the period.

+
  • Some app reviewers praise the interface and ease of use; one recent Trustpilot reviewer said WEEX worked hard to resolve issues and recommended it.
  • WEEX states that it charges no crypto-withdrawal fee, while noting that blockchain network fees may apply.
−
  • Trustpilot reports in the six-month window are overwhelmingly negative: users commonly allege frozen accounts, blocked withdrawals, suspicious-activity flags, slow or repetitive support, and prolonged P2P disputes. These are individual, unverified claims; Trustpilot says it removed fake reviews and does not currently show a company rating.
  • Some reviewers also allege KYC-related barriers and trading-system problems, including failed stop-losses or forced position closure. App and media summaries mention app bugs and support or withdrawal concerns, while positive app feedback highlights usability; ratings and snapshots differ by source and date.
  • On fees and security, the sources reviewed do not establish a reported theft-of-customer-funds hack in the period; one independent review characterizes a March 2025 order-matching incident as an error, not a hack. WEEX says it charges no crypto-withdrawal fee, though network fees apply. On regulation, Kazakhstan’s AIFC Court issued an order concerning WEEX and other platforms over digital-asset services without the required local licence within the AIFC.

AI summary (Perplexity) of public sources as of 2026-10-21. Not part of the score. Sources: 1 2 3 4 5 6 7 8

Reviews elsewhere: Trustpilot ↗ · Reddit ↗ · Google Play ↗

Opinion leaders

no data

What the opinion leaders from our Sentiment page write about it: the share of complaints among mentions over 90 days.

The opinion leaders have not mentioned this exchange yet. The block fills itself: we follow their posts every hour.

API reliability

no data

Our own check: does the exchange API answer, over 30 days.

Collecting checks: we need at least 10, now 6.

How we score
  1. Licences · 25 points. Where the exchange is legal: licences and registrations from regulators' registers, minus bans and fines.
  2. Reserves · 20 points. Proof of reserves: is there one, who checked it, how fresh it is and whether coins cover every client balance.
  3. Security · 15 points. Past hacks and whether clients were made whole, the insurance fund.
  4. Liquidity · 15 points. Real BTC order-book depth within ±2% and futures open interest.
  5. What people say · 10 points. App Store ratings across countries, weighted by the number of reviews.
  6. Opinion leaders · 10 points. What the opinion leaders from our Sentiment page write about it: the share of complaints among mentions over 90 days.
  7. API reliability · 5 points. Our own check: does the exchange API answer, over 30 days.

Licences: a full licence in the EU (MiCA), UK, US, UAE, Singapore, Japan, Hong Kong, Canada, Korea, Australia or Switzerland gives 5 points, a full licence elsewhere 3, a registration (such as FinCEN or AUSTRAC) 1.5, an application or in-principle approval 0.5. Each country counts its best entry, and only if confirmed in the regulator's register. Every regulator ban, fine or warning in the last 3 years costs 2 points, at most 8 in total.

Reserves: a published proof of reserves gives 4 points; zk proof 6, audited Merkle tree or audited filings of a listed company 4, unaudited tree 2; a snapshot under 45 days old 4, under 90 days 2; the lowest coverage among BTC, ETH, USDT and USDC at 100%+ gives 6, at 95%+ gives 3.

Security: 10 points minus 2 for each hack where clients were made whole and minus 6 where they were not; hacks older than 5 years count half. Plus 5 if the insurance fund can be checked via API or on-chain, 3 if the exchange only publishes the amount.

When a block has no data yet it is left out and the total is rescaled to 100 over the blocks we have. Our readers' ratings are shown separately and do not enter the score, so they cannot be gamed.

Sources: regulators' registers (ESMA, FinCEN, AUSTRAC, VARA, MAS and others), the exchanges' proof of reserves pages, Powered by CoinGecko (depth and open interest), Apple App Store, the exchanges' public APIs, mempool.space, opinion leaders' posts on X. Licences checked 2026-10-21, data updated .

Partnerships do not affect the scores. We have affiliate links with some of these exchanges and may be paid if you sign up. A script computes the scores from public data with the same rules for all; the method and sources are below. Not investment advice. Trading crypto, especially with leverage, is high risk. 18+ only.