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FINANCIAL INSTITUTION INFORMATION PLATFORM

Review verifiable information about forex brokers, banks, fintechs, crypto exchanges and payment providers in one place.

Verify with the source.Wherever possible, information is matched against official registers and primary sources.
When was it checked?We clearly show when each critical piece of data was last checked.
Know the type of information.We classify user complaints, company statements and official records separately.
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HOW IT WORKS

See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

Wayex

Crypto exchange · Australia

About the company

Legal company nameCryptospend Pty Ltd · Wayex Global S.A.
Year founded2018
Headquarters / registered countrySydney, Australia
Websitewww.wayex.com/au/
Last checked09.10.2026

According to its official website, Wayex is a crypto and stablecoin payments app founded in Australia in 2018 as CryptoSpend. Its Australian services are provided by CRYPTOSPEND PTY LTD (ABN 12 630 245 813) trading as "Wayex"; the company has held its own AFS licence (AFSL 568528) since 27 August 2026 and is registered with AUSTRAC as a digital currency exchange (DCE). The Australian app offers trading in 137 crypto assets, AUD balances, recurring purchases (AutoBuy), an OTC desk for trades above AUD 50,000 and institutional services; trading fees start at 0.40% and fall to 0% depending on 30-day volume, and AUD deposits and withdrawals via PayID, NPP and BSB are free. The prepaid Wayex card, promoted as "Australia's first crypto Visa card", is issued by Flexewallet Pty Ltd (AFSL 448066), with Cryptospend acting as distributor and promoter. The global Wayex services (USD and EUR accounts, a stablecoin Visa card) are provided by Wayex Global S.A., registered in Panama, and that card is issued by Lead Bank. This information is the company's own statement.

Account Details

ACCOUNT TYPESIndividual · Institutional · OTC
MIN. DEPOSITNot stated
PLATFORMSWayex app (iOS, Android)
PRODUCTSTrading 137 crypto assets · AUD balance · AutoBuy · Wayex Visa card (prepaid) · OTC

Licences and regulation

ASIC (Australia)

Licence no.AFSL 568528
Licence holderCRYPTOSPEND PTY LTD
ScopeAFS licence held since 27 Aug 2026. According to ASIC's record, authorised to give general advice on, deal on behalf of others in and arrange non-cash payment products for retail and wholesale clients.
StatusVerified

User complaints

User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.

Period reviewed: October 2024 – October 2026

  • Account / trading conditions: 3
  • Withdrawal / payment: 2
  • Identity verification: 1

LOW — COMPLAINT LEVEL

77% of institutions with complaint records received more complaints than this one.

BY TOPIC — Account / trading conditions: Low · Withdrawal / payment: Low · Identity verification: Medium

SOURCES REVIEWED

The complaint distribution is based on the 1-star reviews on Wayex's Trustpilot page (6) as of 9 October 2026; one person's reviews count once, and records about fake sites and third parties using the Wayex name are left out. Across the complaints, accounts blocked or closed without explanation, accounts that could not be closed, and delayed or blocked transfers stand out.

Sources and verification history

Official company sourceswayex.com/au — Australian homepage, fees, FAQ, card; wayex.com — about, terms of use, llms.txt
Regulator recordsASIC — CRYPTOSPEND PTY LTD, AFSL 568528 (AFS licensee dataset, data.gov.au, 7 Oct 2026)
Company registerABN 12 630 245 813 (ABN Lookup)
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified09.10.2026

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