Wallex
Wallex, active since 2019, is a widely used Iranian exchange with toman and USDT markets, instant buy/sell, margin trading and staking.
Key facts
- Trading platforms
- WebAndroidiOSAPI
- Account types
- SpotMarginInstant Buy/SellEarn
- Instruments
- Spot Crypto (IRT/USDT)MarginStakingGold Tokens
- Deposit & withdrawal
- Bank Transfer (Toman)Bank Card (Shetab)Crypto
- Features
- Accepts IraniansPersian supportIslamic accountCopy tradingDemo account
Score breakdown
Each criterion is rated 0–5 by our editorial team.
- Trust & Regulation3.5
- Fees & Costs3.4
- Platform & UX4.0
- Deposit & Withdrawal4.0
- Support3.8
- Features & Range3.8
Full review
Wallex began operating in 2019 and was registered as a private joint-stock company in 2021. It is based in Tehran and is one of the most widely used domestic exchanges.
Like other Iranian exchanges it holds no international licence and serves only KYC-verified Iranian users, operating under domestic rules via the Iranian banking network; changes in domestic regulation can affect funding services.
Spot trading uses tiered fees (roughly 0.10%–0.35% by 30-day volume), alongside an instant buy/sell service. Margin up to 10x, staking (including gold tokens), an internal wallet and trading bots are offered, with around 150 supported assets.
Toman deposits use Shetab cards, bank transfer and Paya, and Android/iOS apps are available. Support is fully in Persian.
Last updated: Oct 6, 2026
Pros & cons
- Simple interface
- Instant buy/sell
- Margin and staking
- Multiple toman funding options
- Persian support
- No international oversight
- Fewer assets than some domestic rivals
- Higher fees than global exchanges
- Banking and sanctions risks
Licences & regulation
Tier 1 means the strictest oversight.
User reviews
- 5 stars0
- 4 stars0
- 3 stars0
- 2 stars0
- 1 stars0
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