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Wirex review

Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

Wirex suits people who want one balance for crypto and everyday spending, with a monthly fee of $0, a conversion fee of 0% and an FCA licence in the UK. Budget for trading fees of 1.5% to 2.5%, and know your holdings sit with Wirex rather than in your own wallet.

Key facts

Best for
One account for crypto trading, multi-currency balances and a debit card with no monthly fee.
Monthly fee
$0↗
Currency conversion fee
0%↗
Free ATM withdrawals
$400↗
Card type
Debit↗
Cashback rate
8%↗
Card network
Visa↗
Currencies
150↗
Custody
Custodial↗
Legal entity
Wirex Limited↗
Headquarters
United Kingdom↗
Founded
2014↗
Support channels
Chat, Help-centre↗
Features
Crypto, Custodial, Multi-currency, Travel, Virtual card
Official website
wirexapp.com

Crypto exchanges

Taker fee
1.5% to 2.5%↗
Coins listed
35↗
Regulators
FCA↗
Fiat deposit methods
Card, Bank↗
Withdrawal fee
Only gas fees↗
Exchange type
Cex↗

Facts checked September 26, 2026, 8 sources

Apps and profiles

Get the app
App Store

Pros and cons

Pros

  • No monthly fee, with the card ranking top of the field on that measure in 379 brands
  • Currency conversion at 0%, first for that measure across 237 brands
  • Covered by an FCA licence, reference 902025
  • Free ATM withdrawals of $400
  • Cashback at 8% on spending

Cons

  • Trading fees of 1.5% to 2.5% sit well above the site median of 0.2%
  • Coins covered, 35, trail the site median of 62
  • Support runs on chat and help centre only, with no phone line
  • Custody is custodial, so the platform holds your coins
Wirex

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Scored 9.2 / 10 by HodlCue.

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Who it suits

  • People who want crypto spending and card payments from one balance
  • Travellers who convert and withdraw often, given the conversion fee of 0% and free ATM withdrawals of $400
  • UK residents who want a regulated crypto debit card under an FCA licence

Who should look elsewhere

  • Frequent traders, since fees of 1.5% to 2.5% sit far above the site median of 0.2%; Monzo Flex and Wise charge nothing monthly but carry no trading fees
  • Coin collectors, as 35 covers fewer coins than the site median of 62
  • Anyone wanting to hold keys themselves, since custody is custodial; Bitpanda also holds assets, so a self-custody wallet suits better

Using it abroad

Wirex runs on the Visa network, so the card is accepted wherever Visa is. Currency conversion is charged at 0%, which is the figure most readers in this comparison check first, and the same measure is free to a wider extent here than on most rivals. That makes spending abroad cheaper on the conversion side. Cash withdrawals are the other line to watch, and the allowance is $400 before any charge applies. Taken together, the two facts readers weigh on a trip are as strong as this category gets: no premium on the exchange rate, and a decent free allowance at the machine.

How your money is protected

Custody is custodial, which means the coins sit with Wirex rather than in a wallet you hold the keys to. That is a real trade-off: the card is easy to use, but the balance depends on the platform. On the regulated side, Wirex holds an FCA licence in the UK under reference 902025. The regulatory record is the strongest part of the safety picture, and it matters more for card money than for coins left in a personal wallet.

Everyday use

The card is a debit card on the Visa network, so spending draws directly on the balance you hold. Card type matters for budgeting: a debit card cannot take you past what you have in the account. For cash, free ATM withdrawals total $400. Support is the weak spot, running on chat and help centre, so a blocked card or a disputed payment is handled in chat or through self-service documents.

How it compares on our data

On our data, Wirex ranks first of 379 brands for the monthly fee and first of 237 for the currency conversion fee. Those are the two cost measures most readers look at, and Wirex leads both. Free ATM withdrawals tell a different story. Wirex places 8 of 104 brands on that measure, so the allowance is a strength in absolute terms but not a ranking one.

The company behind it

Wirex is operated by Wirex Limited, registered in the UK, and founded in 2014. A long operating history matters in crypto, where exchanges have closed or moved. It is authorised by the FCA in the UK under reference 902025, and customer support runs on chat and help centre. There is no phone line listed, so written channels do the work.

How Wirex compares

Where Wirex is available

Available
United Kingdom
Licence in United Kingdom
FCA (902025), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does it cost to hold a Wirex card?+

The monthly fee is $0, so the card costs nothing to keep. Wirex places first of 379 brands on that measure. Converting currency is charged at 0%, and the real cost for traders is the trading fee of 1.5% to 2.5%.

What are Wirex trading fees?+

Trading fees run 1.5% to 2.5% on the exchange side of Wirex. That sits well above the site median of 0.2% and above the upper end of 0.8%. Buying and selling often will cost more here than on lower-fee venues.

Is Wirex regulated?+

Wirex holds an FCA licence in the UK under reference 902025, and the UK is where the company is registered. The licence covers the regulated side of the business. Crypto balances are held under custodial custody rather than by you directly.

How many coins can I buy on Wirex?+

Wirex lists 35 coins, which is fewer than the site median of 62. The list is enough for mainstream holdings, but broad collectors should compare wider venues. The exchange type is a centralised one, so assets sit with the platform.

What is the Wirex cashback rate?+

Spending earns cashback at a rate of 8% on the card. That is the everyday reward layer, separate from the investment yield you might get on crypto balances elsewhere. It applies to card spending, not to trading.

Can I withdraw cash with the Wirex card?+

Free ATM withdrawals total $400 under the card offer. On our data that places Wirex 8 of 104 brands, so the allowance is generous in size even though it does not lead the ranking.

How do I pay money into Wirex?+

Funding is available by card and by bank transfer. The card option suits a quick top-up, while bank transfer costs less. Either way the money lands in a custodial balance held by Wirex rather than a wallet you control.

Who is Wirex suited to?+

Wirex fits people who want crypto and card spending in one balance, with a monthly fee of $0 and a conversion fee of 0%. Travellers benefit from the free ATM allowance of $400. Heavy traders should look elsewhere, since 1.5% to 2.5% is steep.

Sources

Compiled from 8 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Protection.

Wirex

Wirex

One account for crypto trading, multi-currency balances and a debit card with no monthly fee.

9.2/10Visit