Pionex review: score, licensing and risks
65/100SCORE · CMixed record
Grade C, fair
Pionex charges a flat 0.05 percent and includes sixteen trading bots at no extra cost. It aggregates liquidity from larger venues rather than running its own order book. No security incident on record.
The facts
- FOUNDED
- 2019
- HEADQUARTERS
- Singapore
- CUSTODY
- Custodial.
- MiCA / EEA
- Not authorised.
- US ACCESS
- Yes, with an MSB registration.
- PROOF OF RESERVES
- No standard proof of reserves publication.
- FEES
- 0.05 percent flat, among the cheapest anywhere.
- ASSETS
- 400 plus
How the score breaks down
Each dimension is explained on the methodology page.
Where it is strong and where it is not
✓ Strengths
- Flat 0.05 percent fee
- Sixteen built in trading bots at no extra cost
- US MSB registered
- No incident on record
✗ Weaknesses
- Aggregates liquidity from Binance and Huobi rather than running its own book
- Bots encourage overtrading
- Limited licensing beyond MSB
Incident history
No major security breach or regulatory action on record.
Our read
Cheap with genuinely useful built in automation, and it depends on other exchanges for liquidity. Clean record so far.
COMPARE
RISK WARNING
Crypto assets are highly volatile and largely unregulated. You can lose everything you put in.
Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation
to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.