OKEx Review 2021

OKEx is a digital exchange offering trading on hundreds of cryptos across desktop and mobile applications with low fees.

OKEx is broker that offers traders Spot, futures, perpetual swaps, options. Surprisingly, OKEx does not support either of the enormously popular MetaTrader platforms (4 and 5).

In terms of features offered to traders, OKEx has Demo Accounts but is missing Islamic Accounts, Social Trading, Signals and Auto Trading.

Cryptocurrency traders will have lots of options at OKEx, with 56 different coins to trade: BTC, XCH, ETH, OKB, OKT, LTC, DOT, ADA, DOGE, XRP, USDT, ICP, BCH, LINK, XLM, ETC, MATIC, THETA, UNI, TRX, EOS, FIL, XMR, NEO, USDC, AAVE, SHIB, LUNA, KSM, BSC, ATOM, IOTA, ALGO, XTZ, CRO, MKR, BTT, CEL, LEO, WBTC, WAVES, KLAY, DASH, XEM, COMP, SNX, ZEC, DCR, SUSHI, SOL, EGLD, DAI, BTG, ZEN, NANO and KISHU.

Please note that OKEx is an unregulated broker. With no regulatory oversight a broker can offer higher leverage and other features that regulated brokers can not, but it also means that traders need to be more careful. Don't deposit large sums before you feel confident that the operator is trustworthy.

OKEx Summary

OKEx is a digital exchange offering trading on hundreds of cryptos across desktop and mobile applications with low fees.

Ratings

20%
Trust
16%
Instruments
14%
Features
BonusNone
InstrumentsSpot, futures, perpetual swaps, options
Demo Account
Min. Deposit10 USDT
Min. TradeVariable
Regulated By
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps Android & iOS
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

Cryptocurrency Trading

OKEx offers 400+ pairs and margin trading products on top coins like Bitcoin and Ripple.

SpreadVariable
CoinsBTC, XCH, ETH, OKB, OKT, LTC, DOT, ADA, DOGE, XRP, USDT, ICP, BCH, LINK, XLM, ETC, MATIC, THETA, UNI, TRX, EOS, FIL, XMR, NEO, USDC, AAVE, SHIB, LUNA, KSM, BSC, ATOM, IOTA, ALGO, XTZ, CRO, MKR, BTT, CEL, LEO, WBTC, WAVES, KLAY, DASH, XEM, COMP, SNX, ZEC, DCR, SUSHI, SOL, EGLD, DAI, BTG, ZEN, NANO, KISHU

Payment Methods

OKEx accepts the following payment methods:

  • Wire Transfer
  • PayPal
  • Credit Card
  • Mastercard
  • Visa
  • Bitcoin Payments
  • Google Pay
Risk Warning – Your capital is at risk

FAQ

Is OKEx Safe?

In our review we gave OKEx a low trust score of 20%, which means that traders should try things out before they deposit any larger amounts. What impacted the trust score the most is the fact that OKEx is not regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does OKEx Accept PayPal?

Yes, OKEx does accept PayPal payments.

Is OKEx Halal?

Probably not, as OKEx does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

Is OKEx Regulated?

No, unfortunately OKEx is not regulated to our knowledge. Careful traders might want to check out our list of FCA regulated brokers for options.

OKEx vs Other Brokers

If you want to compare OKEx with other brokers, use the detailed comparisons below.

OKEx vs
OKEx is a digital exchange offering trading on hundreds of cryptos across desktop and mobile applications with low fees.