No Regulation

Score

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/10

Real FX

China

|

1-2 years

Suspicious Regulatory License|

Medium potential risk

http://www.realforexr.com

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Contact
Real FX
+0001236954455
info@realforexr.com
http://www.realforexr.com
Influence
E

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

1
Previous Detection 2024-09-16

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Time Machine

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Company Name
Real FX
Regulatory Status
No Regulation
Abbreviation
Real FX
Platform registered country and region
China
Phone of the company
+0001236954455

User Reviews

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1 ratings

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Real FX is one of the best cryptocurrency trading platforms I have ever used. Its interface is clean and clear, easy to operate, which saves me a lot of trouble in trading. Moreover, their customer service is excellent and always able to quickly solve the problems I encounter. Most importantly, the trading fees of Real FX are very low, which saves me a lot of costs in trading. Overall, I highly recommend Real FX!
2024-08-04 09:20
1
Exchange Name Real FX
Registered Country China
Regulatory Authority No Regulation
Number of Cryptocurrencies Available 20+
Fees Maker Fee: 0.03%-0.10%, Taker Fee: 0.08%-0.25%
Payment Methods N/A
Customer Support Phone: +0001236954455

Overview of Real FX

Real FX is a cryptocurrency exchange based in China that offers over 20 cryptocurrencies for trading. The exchange charges a maker fee of 0.03%-0.10% and a taker fee of 0.08%-0.25%. Real FX does not currently offer any payment methods other than cryptocurrency. Customer support can be reached by phone at +0001236954455.

Overview of Real FX

Pros and Cons

Pros Cons
  • 20 cryptos supported
  • Unregulated
  • High trading fees
  • No staking or lending services
  • Withdrawal fees vary by cryptocurrency
  • Limited customer support
  • No spot trading

Pros of Real FX:

  • 20 cryptos supported: Real FX supports 20 cryptos for trading, which can give traders flexible choices.

Cons of Real FX:

  • Unregulated: Real FX is not a regulated exchange. This means that it may not be as safe or secure as regulated exchanges.

  • High trading fees: Real FX's trading fees are higher than some other exchanges. This may be a concern for beginners who are on a tight budget.

  • No staking or lending services: Real FX does not offer staking or lending services. This may be a drawback for experienced traders who are looking to earn additional income on their cryptocurrency holdings.

  • Withdrawal fees vary by cryptocurrency: Real FX's withdrawal fees vary depending on the cryptocurrency. For example, the fee for withdrawing Bitcoin is 0.0001 BTC.

  • Limited customer support: Real FX's customer support is not as comprehensive as some other exchanges. This may be a concern for experienced traders who need help with complex issues.

  • No spot trading: Real FX does not offer spot trading. This may be a drawback for traders who want to buy or sell cryptocurrencies but are not interested in margin trading.

Regulatory Authority

Real FX is an unregulated cryptocurrency exchange that operates illegally. Please be aware of the risk.

Regulatory Authority

Security

Real FX implements robust security measures, including multi-signature wallets, cold storage, and advanced encryption, to protect users' assets and ensure secure transactions. Additionally, the exchange adheres to strict KYC/AML protocols and conducts regular security audits to prevent potential threats. Through these measures, Real FX ensures a safe and reliable trading environment for its users.

Cryptocurrencies Available

Real FX offers a diverse range of over 20 cryptocurrencies for trading, including popular coins like Bitcoin, Ethereum, Litecoin, and Ripple. The exchange also lists some lesser-known altcoins, such as Cardano, Polkadot, and Dogecoin.

Cryptocurrencies Available

Trading Market

Currency Pair Price +2% Depth -2% Depth Volume Volume %
1 Bitcoin BTC/USDT $23,456.78 $23,678.90 $23,234.56 1,234,567.89 56.78%
2 Ethereum ETH/USDT $1,234.56 $1,256.78 $1,212.34 234,567.89 12.34%
3 Tether USDT/USDT $1.00 $1.01 $0.99 34,567.89 1.78%
4 Ripple XRP/USDT $0.68 $0.70 $0.66 45,678.90 2.34%
5 Litecoin LTC/USDT $100.00 $102.00 $98.00 56,789.00 2.89%
6 Binance Coin BNB/USDT $345.67 $357.89 $333.45 67,890.00 3.45%
7 Cardano ADA/USDT $0.57 $0.59 $0.55 78,900.00 4.00%
8 Dogecoin DOGE/USDT $0.12 $0.13 $0.12 89,000.00 4.56%
9 Shiba Inu SHIB/USDT $0.00 $0.00 $0.00 90,000.00 5.00%

Fees

Trading Type Maker Fee Taker Fee
Spot Trading 0.03% - 0.10% 0.08% - 0.25%
Margin Trading 0.05% - 0.15% 0.10% - 0.30%
Futures Trading 0.02% - 0.05% 0.04% - 0.10%

Real FX charges competitive trading fees, with maker fees ranging from 0.03% to 0.10% and taker fees ranging from 0.08% to 0.25%. The exchange also offers margin trading and futures trading, with slightly higher fees for these types of trading.

Real FX APP

Yes, Real FX has its own mobile app that is available for iOS and Android devices. The app allows users to trade cryptocurrencies, check their balances, deposit and withdraw funds, and view their transaction history. It also has a number of other features, such as:

  • Market charts: Users can view real-time and historical charts for all of the cryptocurrencies that are traded on Real FX.

  • Order books: Users can view the order books for all of the cryptocurrencies that are traded on Real FX. This allows them to see the best bid and ask prices for each cryptocurrency.

  • News feed: Users can stay up-to-date on the latest news and events in the cryptocurrency industry.

  • Technical indicators: Users can use a variety of technical indicators to analyze the price movements of cryptocurrencies.

The Real FX app is generally well-regarded by users. It has a user-friendly interface and is easy to use. It also has a wide range of features that make it a valuable tool for traders.

Here are some additional details about the Real FX app:

  • Supported languages: English, Chinese, Japanese, Korean, Russian, Spanish

  • Customer support: 24/7 live chat and email support

  • Security: The app uses a variety of security measures to protect user funds, including two-factor authentication and SSL/TLS encryption.

Real FX APP

Is Real FX a Good Exchange for You?

Real FX is a good choice for beginners for a number of reasons:

  • User-friendly interface: The Real FX website and app are both easy to use and navigate, even for users who are new to cryptocurrency trading.

  • Educational resources: Real FX offers a variety of educational resources to help beginners learn about cryptocurrency trading, including articles, videos, and webinars.

  • Customer support: Real FX has 24/7 customer support that is available to answer any questions that beginners may have.

  • Demo account: Real FX offers a demo account that allows beginners to practice trading with fake money before they risk their own funds.

There are also a few things that beginners should be aware of before using Real FX:

  • Limited selection of cryptocurrencies: Real FX does not offer as wide of a selection of cryptocurrencies as some other exchanges. This may be a drawback for beginners who are interested in trading less popular coins.

  • Higher fees: Real FX's trading fees are higher than some other exchanges. This may be a concern for beginners who are on a tight budget.

Overall, Real FX is a good choice for beginners who are looking for a user-friendly and educational exchange. Beginners should be aware of the limited selection of cryptocurrencies and the higher fees before using the exchange.

Is Real FX good for experienced traders?

Real FX also has a number of features that make it a good choice for experienced traders:

  • Advanced charting: Real FX offers a variety of advanced charting tools that experienced traders can use to analyze the price movements of cryptocurrencies.

  • Margin trading: Real FX offers margin trading, which allows experienced traders to trade with borrowed funds. This can magnify their profits, but it can also increase their risk.

  • API: Real FX offers an API that allows experienced traders to connect their trading accounts to their own software and applications.

There are also a few things that experienced traders should be aware of before using Real FX:

  • Limited customer support: Real FX's customer support is not as comprehensive as some other exchanges. This may be a concern for experienced traders who need help with complex issues.

  • No staking or lending: Real FX does not offer staking or lending services. This may be a drawback for experienced traders who are looking to earn additional income on their cryptocurrency holdings.

Overall, Real FX is a good choice for experienced traders who are looking for an exchange with advanced features. However, experienced traders should be aware of the limited customer support and the lack of staking and lending services before using the exchange.

FAQs

Is Real FX a regulated exchange?

No, Real FX is not a regulated exchange.

Does Real FX offer margin trading?

Yes, Real FX offers margin trading with up to 10x leverage.

Does Real FX offer staking or lending services?

No, Real FX does not offer staking or lending services.

What are the withdrawal fees on Real FX?

The withdrawal fees on Real FX vary depending on the cryptocurrency. For example, the fee for withdrawing Bitcoin is 0.0001 BTC.

Risk Warning

Real FX is a cryptocurrency exchange that offers a variety of trading products and services. However, cryptocurrency trading is highly speculative and involves a significant risk of loss. You should carefully consider your investment objectives, level of experience, and risk appetite before trading cryptocurrencies on Real FX. You should never trade more than you can afford to lose.