Name: Mudrex
Brand: Mudrex
Price: 0.12 INR
Availability: InStock
Rating: 4.1 (1 reviews)

Overview

Mudrex simplifies crypto investing through innovative Coin Sets allowing diversified exposure across themed portfolios like DeFi, NFTs, and meme coins without managing individual assets. The platform offers India's lowest trading fees starting from 0.12 percent for spot and 0.03 percent for futures through the Alpha VIP program with six reward tiers. Perfect for both beginners seeking curated portfolios and active traders requiring 100x leverage futures with advanced order types. As a fully FIU-compliant platform backed by Y Combinator with 3 million plus users and insured funds through Lloyd's of London, Mudrex combines regulatory credibility with retail accessibility.

Pros

↑Unique Coin Sets for diversified theme-based investing
↑Lowest trading fees in India via Alpha VIP program
↑Zero INR deposit fees with instant UPI transfers

Cons

↓One percent INR withdrawal fee plus TDS deduction
↓Limited to cryptocurrency trading only, no stocks
↓Two percent crypto withdrawal fee relatively high

Key Highlights

Welcome Offer
50% referral commission
Earn 50% of platform fees from your referrals' trades
Unlimited referrals with no cap on earnings
Commission credited automatically after each trade
Ongoing program with no expiration date

Trading Costs
From 0.12% spot trading
Spot trading: 0.12-0.45% depending on volume tier
Futures trading: 0.03-0.05% maker/taker fees
Alpha VIP members get lower rates starting at 0.12%
Zero fees on Coin Sets investments

Assets & Markets
650+ cryptocurrencies
Bitcoin, Ethereum, and all major cryptocurrencies
50+ altcoins available for futures trading
Access to DeFi, NFT, and meme coin sectors
Regular addition of new tokens

Why Choose?
Coin Sets portfolios
Expert-curated crypto baskets across 20+ themes
Diversified exposure to crypto bluechip, Solana ecosystem, memes
Automatically rebalanced by experts
Single-click investing with zero trading fees on Coin Sets

Regulation & Safety
FIU India registered
Registered with Financial Intelligence Unit India
VASP registered in Europe, OAM registered in Italy
Funds insured through Lloyd's of London
Bank-grade AES 256 encryption and two-factor authentication

Account Minimum
₹500 minimum investment
Start investing with as little as ₹500
No minimum balance requirements
Zero fees on INR deposits via UPI or IMPS
Fractional crypto purchases supported

Key Benefits

Trading Costs

★4.4

▼

Spot trading: 0.12-0.45% competitive with top exchanges
Futures trading: 0.03-0.05% among India's lowest
Alpha VIP program reduces fees based on 30-day volume
Zero trading fees on Coin Sets investments
No INR deposit fees, 1% withdrawal fee (0% for Alpha tiers)
2% crypto withdrawal fee with $0.5 minimum

Platform And Tools

★4.3

▼

User-friendly mobile-first design for beginners
Web platform with full functionality
TradingView integration for advanced charting
Market, limit, stop-loss, and take-profit order types
Real-time crypto signals and technical analysis
Automated trading tools including SIP and buy-the-dip

Research And Analysis

★3.9

▼

Fundamental and technical analysis for each coin
Real-time crypto signals for informed decisions
Educational blog with market trends and guides
Learning resources for beginners
Partnership with industry experts for insights
Limited proprietary research compared to larger platforms

Mobile Trading

★4.5

▼

iOS and Android apps highly rated (4.5+ stars)
Intuitive interface for beginners and advanced traders
Full feature parity with web platform
Instant push notifications for price alerts
Seamless UPI integration for quick deposits
Biometric authentication for security

Account Features

★4.2

▼

Instant account opening with automated KYC via DigiLocker
Multi-cryptocurrency wallet management
Systematic Investment Plans for regular investing
Coin Sets for diversified portfolio management
Staking on 40+ cryptocurrencies with no lock-in
Free tax reporting through ClearTax integration

Security And Trust

★4.4

▼

FIU-India registered and compliant with regulations
VASP registered in Europe and OAM registered in Italy
Funds insured through Lloyd's of London
Bank-grade AES 256-bit encryption
Two-factor authentication mandatory
Cold wallet storage for majority of funds

Customer Support

★4.0

▼

24/7 support via in-app chat and email
Response times: 12 hours standard, 1 hour for Alpha VIP
English and Hindi language support
Dedicated relationship managers for top Alpha tiers
Active Telegram community for peer support
Comprehensive FAQ and help center

Educational Resources

★4.1

▼

Extensive learning section with beginner guides
Regular blog posts on market trends and strategies
Step-by-step tutorials for platform features
Coin Set explanations and investment theses
Partnership resources on crypto tax filing
Webinars and community events for Alpha members

VIP Program

1Alpha 1

▼

Volume A U M	30-day trading volume: ₹0-₹9.99 lakh Qualification based on higher of Spot or Futures volume
Fee Waivers	Spot trading: 0.45% maker/taker fees Futures trading: 0.05% maker/taker fees Standard 1% INR withdrawal fee applies
Exclusive Tools	Full access to all trading platforms Basic market analysis and signals Standard customer support (12-hour response)
Other Perks	Access to all Coin Sets Staking on 40+ cryptocurrencies Educational resources and community

2Alpha 2

▼

Volume A U M	30-day trading volume: ₹10 lakh-₹49.99 lakh Evaluated monthly based on higher trading volume
Fee Waivers	Spot trading: 0.25% maker/taker fees (44% discount) Futures trading: 0.045% maker/taker fees (10% discount) Standard 1% INR withdrawal fee
Exclusive Tools	Priority platform features Enhanced market research access Faster customer support (6-hour response)
Other Perks	Access to exclusive webinars Advanced portfolio analytics Community forum access

3Alpha 3

▼

Volume A U M	30-day trading volume: ₹50 lakh-₹2.49 crore Monthly evaluation and tier adjustment
Fee Waivers	Spot trading: 0.18% maker/taker fees (60% discount) Futures trading: 0.04% maker/taker fees (20% discount) 0.5% INR withdrawal fee (50% discount)
Exclusive Tools	Advanced trading tools priority access Premium market insights and analysis Priority customer support (3-hour response)
Other Perks	Exclusive Alpha events invitation Dedicated community channel Early access to new features

4Alpha 4, 5, 6

▼

Volume A U M	Alpha 4: ₹2.5-₹9.99 crore monthly volume Alpha 5: ₹10-₹49.99 crore monthly volume Alpha 6: ₹50 crore+ monthly volume
Fee Waivers	Alpha 4: 0.15% spot, 0.035% futures, 0% INR withdrawal Alpha 5: 0.13% spot, 0.03% futures, 0% INR withdrawal Alpha 6: 0.12% spot, 0.03% futures, 0% INR withdrawal
Exclusive Tools	VIP-only trading features Institutional-grade analytics Dedicated relationship manager (1-hour response)
Other Perks	Exclusive Alpha events and networking Custom research reports Direct access to leadership team

Available Tools

Trading Tools

▼

Paper Trading	×
Margin Trading	✓
Zero Commission	✓
Fractional Shares	×
After Hours Trading	×

Automation

▼

Dca	✓
Algo Trading	×
Grid Trading	×
Trading Bots	×
Robo Advisory	×
Sentiment Analysis	×
Social Copy Trading	×
Ai Trading Assistant	×

Crypto Tools

▼

Launchpad	×
Crypto Earn	✓
Crypto Staking	✓
Nft Marketplace	×

Advanced Tools

▼

Api Access	×
Basket Trading	✓
Options Strategies	×
Smart Order Routing	×
Backtesting Capabilities	×

Portfolio Tools

▼

Tax Harvesting	×
Islamic Account	×
Auto Rebalancing	✓
Dividend Tracker	×
Economic Calendar	×

Detailed Information

Commission Tiers	Alpha 1 (₹0-9.99L): 0.45% spot, 0.05% futures Alpha 2 (₹10L-49.99L): 0.25% spot, 0.045% futures Alpha 3 (₹50L-2.49Cr): 0.18% spot, 0.04% futures Alpha 4 (₹2.5Cr-9.99Cr): 0.15% spot, 0.035% futures Alpha 5 (₹10Cr-49.99Cr): 0.13% spot, 0.03% futures Alpha 6 (₹50Cr+): 0.12% spot, 0.03% futures
Trading Fees	Spot trading: 0.12-0.45% based on 30-day volume Futures trading: 0.03-0.05% maker/taker fees Coin Sets: Zero trading fees Dynamic funding rate every 8 hours for futures
Futures Commission	Perpetual futures: 0.03-0.05% maker/taker Funding rate varies by market conditions Up to 100x leverage available
Financing Rates	Futures funding rate applied every 8 hours Rate varies based on long/short position balance Can be positive (you pay) or negative (you receive)
Margin Interest Rate	Margin trading available with leverage up to 100x Rates competitive with industry standards No separate interest charge, embedded in funding rate
Overnight Fees	Futures positions subject to 8-hourly funding rate No overnight fees for spot holdings Funding rate based on market conditions
Non Trading Fees	No account maintenance fees No inactivity fees No platform subscription fees Free Coin Sets portfolio management
Deposit Fee	₹0
Withdrawal Fee	INR: 1% plus 1% TDS (0% for Alpha 3+) Crypto: 2% with minimum $0.5, maximum $10
Currency Conversion Fee	Competitive rates for fiat on/off ramps Multiple currency support including USD, EUR
Data Feed Fees	Real-time market data included free TradingView integration at no extra cost
Order Modification Fee	₹0
Vip Fee Tiers	Alpha program with 6 tiers based on 30-day volume Fee discounts up to 73% for highest tier Free INR withdrawals for Alpha 3 and above Priority support and exclusive benefits at higher tiers

Minimum Spreads	Market-determined spreads on all pairs Highly liquid pairs have tighter spreads
Maximum Leverage	Futures: Up to 100x leverage on select pairs Varies by cryptocurrency and market conditions
Margin Call Level	Risk management system monitors positions Automatic margin calls trigger at set thresholds
Stop Out Level	Positions liquidated to prevent negative balances Protective stop-out mechanisms in place
Negative Balance Protection	Yes
Settlement Period	Spot: Instant settlement Futures: Perpetual contracts with 8-hour funding
Order Execution Quality	Fast order matching engine Real-time execution for spot trades Advanced order routing for best prices Stop-loss and take-profit orders supported

Stocks Count	0
Etfs Count	0
Crypto Count	650
Forex Pairs Count	0
Product Universe Overview	650+ cryptocurrencies for spot trading 50+ altcoins for perpetual futures 20+ themed Coin Sets for portfolio investing 40+ cryptocurrencies available for staking Regular addition of new tokens and pairs
Geographic Market Coverage	Global cryptocurrency market access Primary focus on major cryptocurrencies Strong coverage of Asian crypto projects DeFi, NFT, and gaming token sectors
Major Markets Details	Bitcoin, Ethereum, and top 50 cryptocurrencies Major DeFi tokens (Uniswap, Aave, Compound) Layer 1 blockchains (Solana, Cardano, Polkadot) Stablecoins (USDT, USDC, DAI)
Emerging Markets Details	Meme coins and trending tokens Emerging Layer 1 and Layer 2 projects NFT platform tokens Gaming and metaverse cryptocurrencies
Base Currencies Supported	INR, USD, EUR

Trading Platforms Overview	Mobile-first platform for iOS and Android Web-based trading interface API integration for external wallets TradingView partnership for charting
Desktop Platform	Browser-based web platform No download required Full trading functionality Portfolio management dashboard Real-time market data and charts
Mobile App	Native iOS and Android applications Rated 4.5+ stars on app stores Full feature parity with web Instant UPI deposits via app Push notifications for price alerts Biometric login support
Web Platform	Responsive design for all devices Secure HTTPS connection Multi-cryptocurrency wallet interface Advanced order placement Portfolio analytics and tracking
Trading Tools And Features	Market, limit, stop-loss, take-profit orders Systematic Investment Plans (SIP) Buy-the-dip automated strategies Real-time price alerts and notifications Portfolio diversification via Coin Sets Multi-timeframe charting
Charting And Technical Analysis	TradingView integration for advanced charting Multiple technical indicators available Drawing tools for chart analysis Real-time crypto signals Fundamental analysis data for each coin Market sentiment indicators
Risk Management Tools	Stop-loss and take-profit orders Position size calculators Portfolio diversification via Coin Sets Real-time risk monitoring Automatic liquidation protection for futures Two-factor authentication security
Order Types Available	Market orders Limit orders Stop-loss orders Take-profit orders Good-till-cancelled orders SIP recurring orders
Integrations And Api Access	External wallet deposits and withdrawals ClearTax integration for tax filing TradingView charting integration DigiLocker for KYC verification API access currently limited
Third Party Platforms	TradingView for charting ClearTax for tax reporting
Api Rate Limits	API access currently under development External wallet integration available
Algo Trading Support	Automated SIP strategies Buy-the-dip automation Stop-loss/take-profit automation Full algorithmic trading API coming soon

Customer Support Overview	24/7 support via in-app chat and email Multi-tier response times based on Alpha level English and Hindi language support Active Telegram community
Phone Support Hours	Not available
Live Chat Availability	24/7 via in-app messaging
Email Response Time	Alpha 1: Within 12 hours Alpha 2: Within 6 hours Alpha 3: Within 3 hours Alpha 4-6: Within 1 hour with dedicated manager
Languages Supported	English, Hindi
Local Office Presence	Headquarters in Bengaluru, India Registered offices in US
Account Manager	Dedicated relationship managers for Alpha 4 and above Priority support for all Alpha members
Educational Resources Overview	Comprehensive learning section on website Regular blog posts on crypto investing Beginner-friendly guides and tutorials Market trend analysis and insights Community-driven learning via Telegram
Beginner Resources	Getting started guides Crypto basics explained Investment strategy tutorials Risk management education Video tutorials on app usage
Webinars And Tutorials	Regular webinars for Alpha members Platform tutorial videos Market analysis sessions Expert Q&A sessions
Market Analysis And Research	Daily market updates and analysis Fundamental analysis for each cryptocurrency Technical analysis with crypto signals Thematic investment research for Coin Sets Partnership content with crypto experts
Demo Account Details	Not available Can start with small investment from ₹500
Trading Courses	Educational blog content Investment strategy guides Limited formal course offerings
Tax Reporting Help	ClearTax integration for automatic reporting One-click tax report generation Automated TDS calculation Transaction history export for filing

Regulation Overview	FIU-India registered under PMLA VASP registered in European Union OAM registered in Italy Compliant with Indian crypto taxation laws Regular compliance audits
Primary Regulator	Financial Intelligence Unit (FIU), India Bank of Lithuania (VASP-EU) Organismo Agenti e Mediatori (OAM), Italy
License Number	FIU-India registration active VASP-EU registration active OAM-Italy registration active
Investor Protection Scheme	Funds insured through Lloyd's of London Cold wallet storage for majority of assets Hot wallet insurance coverage Regular third-party security audits Segregated client funds
Security Features	Bank-grade AES 256-bit encryption Two-factor authentication (2FA) mandatory Biometric login on mobile apps Email verification for withdrawals Cold storage for 95% of crypto assets Regular security audits and penetration testing 24/7 security monitoring Device management and session controls

Commission Tiers

Alpha 1 (₹0-9.99L): 0.45% spot, 0.05% futures
Alpha 2 (₹10L-49.99L): 0.25% spot, 0.045% futures
Alpha 3 (₹50L-2.49Cr): 0.18% spot, 0.04% futures
Alpha 4 (₹2.5Cr-9.99Cr): 0.15% spot, 0.035% futures
Alpha 5 (₹10Cr-49.99Cr): 0.13% spot, 0.03% futures
Alpha 6 (₹50Cr+): 0.12% spot, 0.03% futures

Trading Fees

Spot trading: 0.12-0.45% based on 30-day volume
Futures trading: 0.03-0.05% maker/taker fees
Coin Sets: Zero trading fees
Dynamic funding rate every 8 hours for futures

Futures Commission

Perpetual futures: 0.03-0.05% maker/taker
Funding rate varies by market conditions
Up to 100x leverage available

Financing Rates

Futures funding rate applied every 8 hours
Rate varies based on long/short position balance
Can be positive (you pay) or negative (you receive)

Margin Interest Rate

Margin trading available with leverage up to 100x
Rates competitive with industry standards
No separate interest charge, embedded in funding rate

Overnight Fees

Futures positions subject to 8-hourly funding rate
No overnight fees for spot holdings
Funding rate based on market conditions

Non Trading Fees

No account maintenance fees
No inactivity fees
No platform subscription fees
Free Coin Sets portfolio management

Deposit Fee

₹0

Withdrawal Fee

INR: 1% plus 1% TDS (0% for Alpha 3+)
Crypto: 2% with minimum $0.5, maximum $10

Currency Conversion Fee

Competitive rates for fiat on/off ramps
Multiple currency support including USD, EUR

Data Feed Fees

Real-time market data included free
TradingView integration at no extra cost

Order Modification Fee

₹0

Vip Fee Tiers

Alpha program with 6 tiers based on 30-day volume
Fee discounts up to 73% for highest tier
Free INR withdrawals for Alpha 3 and above
Priority support and exclusive benefits at higher tiers

Mudrex

Overview

Pros

Cons

Key Highlights

Key Benefits

VIP Program

Available Tools

Detailed Information

Related Products

Pros

Cons