WEEX exchange profile: markets, copying and account controls

WEEX combines crypto spot trading, USDT-margined perpetuals, copying and fiat purchase routes. Its public developer platform also serves automated traders and broker integrations. These are separate operating workflows: a spot purchase, leveraged contract, copied order and externally processed fiat purchase do not create the same asset rights or settlement obligations.[8][15]

Spot market orders take liquidity and can fill at several prices. Limit orders use GTC by default; IOC cancels an unfilled remainder, while FOK requires the whole order immediately. A stop-limit trigger creates a limit instruction, so execution is not assured. Trailing stops and OCO instructions have additional conditions. Only an unmatched remainder can normally be cancelled; a completed fill is not undone by cancelling the original order.[2]

Copying requires KYC for both elite traders and copiers. Users set the pairs, amount, leverage mode and risk parameters; the elite trader receives 10% of the copier’s net gains under the published terms. A copier’s fill can differ from the leader’s because liquidity and execution timing differ. A displayed leader return therefore is not an executable return offered to a follower.[6]

Selecting Stop copying prevents new copied entries but leaves existing copied orders in place: they may continue to follow the elite trader’s closing action, or the copier can close them. Parameter changes also apply only to new copied orders. The optional Auto-stop copying toggle is off by default and stops future copying if the leader opens no position for 14 consecutive days; it is not an instruction to liquidate everything after 14 days.[7]

The following figures come from WEEX’s published fee guide. The separate Fee rates page returned its column headings without numerical rows during inspection, so these figures are a documented guide schedule, rather than a verified personalised tariff or executable quote.[13]

Qualifying thresholds are alternatives. Trading charges apply to executed notional value on entry and exit, rather than only the posted margin. Funding is additional. The funding FAQ describes transfers between long and short holders, not revenue retained by WEEX; its inconsistent clock-time examples do not establish one reliable settlement cutoff for every contract.[14][12]

Fiat purchases have their own agreement. Under its bank-transfer model, the bank confirms receipt and WEEX credits crypto directly; a fiat wallet balance is not necessarily created first. The payer’s bank account must match verified identity, and payment references, currency and limits matter. A displayed quote may remain indicative until receipt and compliance checks finish. Card providers, banking partners and intermediary checks can delay, reject or change the final conversion outcome.[15]

The guide says crypto deposits carry no WEEX deposit charge, but asset minimums apply: its TRC20/ERC20 USDT example requires at least 1 USDT. Sending-network charges remain separate. Transfers must match both the token and supported network, including any required memo. The receiving amount is reduced by the withdrawal fee. The guide treats a confirmed withdrawal as non-cancellable; this differs from cancelling an unfilled exchange order.[16]

The withdrawal FAQ advertises 24/7 availability but says requests undergo manual review before blockchain submission. Continuous submission access is therefore not a promise of immediate settlement. Withdrawal history identifies the processing stage, and support can investigate using the account UID and transaction details. The time required by the receiving venue remains separate from WEEX’s review.[17]

The security help page describes a 24-hour withdrawal suspension following abnormal cached login records associated with changes such as passwords, login devices or withdrawals from different devices. Restoration follows the suspension period. Its wording concerns that security event; it does not establish a universal 24-hour completion promise for identity recovery, compliance review or every rejected withdrawal.[18]

The Trust Center describes controlled wallet operations and account-security tools, including an official-contact verifier. These are descriptions of the exchange’s controls. They do not establish an individual segregated wallet, a customer’s ownership of particular on-chain coins, or an independent custodian contract covering every service.[24]

Futures collateral deserves particular attention. Clause 5.13 permits commingling while separating customer and proprietary amounts through ledger entries. Clause 5.11 says margin ceases to be the customer’s property when WEEX uses it for contractual purposes, including liquidation or default. A futures margin balance should therefore not be described as an individually segregated deposit.[3]

The discretionary fund is not insurance.[1]

Auto Earn calculates eligible balances separately from the account overview. Its guide includes spot and funding balances and available futures balances, while excluding trial funds and committed futures margin. Returns go to the funding account; displayed rates and availability can change. Historical promotional APRs in that guide are not a current fixed-rate promise, and earning eligibility does not remove withdrawal security checks.[21]

The global agreement excludes Canada, South Korea, the US and its territories, mainland China, Hong Kong, Singapore, the UAE, North Korea, Cuba, Iran, Sudan, Belarus, Russia and Russian-controlled Ukrainian regions, Somalia, Myanmar and Venezuela. Sanctioned parties are also excluded. Access to a public page or sponsorship in a country does not override these restrictions.[1]

Verification varies by product and account circumstances. P2P expressly requires KYC and payment accounts in the verified user’s name. The current KYC guide describes Sumsub document and liveness checks on web and app, with manual review generally within three working days. Approval does not establish a universal withdrawal allowance or permission for every product.[25]

The Stocks disclaimer adds restrictions including the UK, France, Spain, Kuwait and Oman and excludes US persons. These product-specific restrictions cannot be replaced by the global exchange’s shorter country list. Its stock terminology also does not confer shareholder rights or establish a conventional securities-broker account.[5]

Individual anomaly claims require evidence matching the incident time and UID, a description of the issue, and a complete screenshot of the closed order. The published deadline is 48 hours after the order closes. Copy-trading orders and anticipated profits are excluded. Users may follow up after three days without a result; duplicate submissions can return a request to the queue.[27]

For a publicly announced platform anomaly, the announcement defines the affected period. The review guidance tells affected users to close the position immediately after restoration and preserve the closed-order evidence. Continuing to trade can be treated as an intention to retain the position. Awards may cover only part of a loss; the page gives a three-to-seven-business-day review expectation. This is a claims procedure, not an alternative channel for placing an emergency order during the outage.[28]

The global agreement selects Saint Vincent and the Grenadines law and individual ICC arbitration, generally by video before a single arbitrator. These are contractual dispute provisions; the inspected material did not establish an independent ombudsman entitlement or a guaranteed complaint outcome.[1]

On 9 September 2026, India’s FIU issued non-compliance and takedown notices naming Weex International Exchange LTD.[29]

The global agreement identifies its party as WEEX without a complete legal-company name. Its governing-law clause alone does not establish incorporation or regulatory authorisation. A single verified global client counterparty therefore cannot be assigned from that document.[1]

WEEX’s dated 27 August 2026 announcement says it was founded in 2018 and had more than ten million users across more than 170 countries. This is a company-reported user total, not a count of active funded traders or proof of current eligibility in every advertised market.[32]

CoinGecko’s spot-market page inspected on 20 October 2026 reported approximately US$1.5 billion in rolling 24-hour volume. This is reported trading activity captured by a data provider, not audited exchange revenue or an independently verified count of customers; it does not include the platform’s separate derivatives turnover.[34]

The About page still displays 6.2 million users and more than 150 countries. Those figures are not reconciled by an audited user methodology on the inspected pages. The larger dated announcement can indicate claimed scale, while neither geographic marketing count establishes present onboarding eligibility.[31]

The Android listing updated on 9 October names WEEX GLOBAL LTD. as its publisher. A software publisher identification is useful for checking the app, but does not establish that the same company contracts for every trade, fiat conversion or custody balance.[30]

Operator

WEEX; global contracting company not identified in the inspected agreement

Exchange model

Centralised

Service scope

Crypto order-book trading, leveraged USDT-M contracts, copying, fiat purchase routes and optional earn. Stocks service gives contractual economic interests with separate restrictions.

Client types

Retail clients; Institutional clients

Pricing publication

Public pricing

Pricing scope

Published maker/taker and network-fee guides available; live fee grid was unpopulated in inspection. Funding, payment conversion and reward conditions add separate costs or restrictions.

Funding scope

Supported crypto networks plus card and bank crypto-purchase flows. Withdrawals undergo review and may face security holds; fiat conversion follows separate provider and receipt checks.

Custody and asset handling

Exchange-controlled balances; futures collateral may be commingled with ledger separation. Company protection fund is conditional; a populated dated reserve snapshot was not available.

Client eligibility

Global excluded locations and sanctions rules apply. KYC varies by product; copying and P2P require verification. Stocks has additional country restrictions.

Support

Official Help Center and support email; separate published anomaly-compensation procedures. No alternative emergency dealing route established.

Authorisation and registration scope

Global contractual company and general exchange authorisation were not established. App publisher identity, governing law and regulatory notices do not identify a universal licensed counterparty.

Exchange metadata checked 20 Oct 2026Source 1Source 2Source 3Source 12Source 25Source 22Source 23Source 15Source 17Source 5Source 8Source 26

The current developer portal separates spot, futures, copy trading, broker and partner interfaces. It supports signed orders, cancellations, account bills and WebSocket updates, with product-specific keys and endpoints. Ordinary and lead-trader keys are not interchangeable. The inspected spot preparation page lists Read and Trade permissions; it does not establish a separate withdrawal permission or the rights of every business integration.[8]

WEEX’s April 2026 reporting guide documents a Tax API using Account Details permission and a separate activation application, with a stated 24-hour processing expectation. KoinX then imports transactions and produces a paid report. This is an external reporting workflow, not proof that one download contains every wallet or tax event. The guide does not establish a complete historical backfill window or a defined records-access process after account closure.[33]