A look into the depths of how the Wirex Wallet works.
FM
What is Wirex?
Wirex looks to offer a safe and secure environment for all your digital money, particularly cryptocurrencies. It offers a Bitcoin wallet, payment card, as well a secure digital money transfer channel for wiring over money. On top of this, via Wirex you can also securely purchase Bitcoin.
The private keys of users are stored on the third party servers, though these are encrypted by a password to ensure that no one but the individual with the key can access the funds.
The wallet supports Bitcoin and Litecoin, though a vast number of Altcoins can be deposited and exchanged. The wallet is based on Blockchain technology to allow for the fastest transfer of money possible while also offering support for the transfer of cryptocurrencies.
History and About
At present, the Wirex brand is going through some changes. Previously, the platform was run by the E-coin.io website. The firm is based in London and was established at the end of 2014. The company started to undergo a rebranding in February 2016. The old website is still in existence but is redirecting the traffic to its official website.
The Wirex founders come from a varied professional background. Pavel Matveev has over ten years of experience in IT development, working on high level IT projects at numerous noted investment banks around the world.
Dmitry Lazarichev has several interests in finance and entrepreneurial projects. Beginning his career in Russia, he was employed by Solid providing consulting services, then later moved to the UK to found his own business which looked to import wood biomass. Georgy Sokolov is a salesperson with international experience in both North America and Europe, and before founding E-coin, he previously worked for Russia's larger cargo airline.
Special Features?
A unique feature of Wirex is the fact that it offers a Debit Card which is backed by Bitcoin. Users can choose between a Mastercard backed by chip and pin, or a VISA card in virtual form. The cards work like normal cards but are also backed by Bitcoin.
Currently, Wirex offers to ship it to over 130 countries all around the world with delivery times taking around three weeks around the EU and eight weeks in the rest of the world. With that said, this service is not available in America, the Middle East or India, due to regulatory issues.
FM
How Safe is Wirex?
Wirex provides security for users in the form of 2-Factor-Identification and the multi-signature feature of the wallet. The user is not only setting a password but also having to verify themselves through the mobile application for Wirex.
Customer support is available 24/7, and users can contact the platform by email or even via Facebook. There is also an FAQ on the website which aims to resolve any issues the user may have that doesn't require talking to someone.
Wirex generally has a good reputation, though there have been some rumors on Reddit about the company taking to long to process deposits, and having issues with money going missing. These are just rumors and there have been no complaints on a larger scale.
Wirex has not had any notable issues with hacking, but one does need to be careful with any type of online storage wallet as they're never 100% secure, it could be worth looking to cold storage wallets as an alternative.
Does Wirex Have Fees?
The Wirex bitcoin debit card is priced at $17 while issuing the virtual card costs $3 and an additional monthly fee of $1 for supporting it.
When topping up the card, Wirex charges a fee of $3 for direct bank transfers. Beyond the more common card-based payment methods, users can also add funds to their accounts with alternative payment service providers (cryptocurrencies) for fees which are around 2-3% of the cost of a transaction.
How to Use Wirex Securely
Step 1: Set up your account and add money through PayPal or Bank transfer.
Step 2: Order your card, and once it arrives and you have set it up you can buy Bitcoin on the platform, a unique feature for something that is also a wallet.
Step 3: You can download the mobile app to further ease your transfer of Payments. The app is even easier to use than the site as all you have to do is go towards the purchase menu.
Always be aware of security risks when visiting the site, if the website's SSL code is invalid do not attempt to go on the site as it may have been hacked. Be aware of any suspect email correspondence, as well as scammers, sometimes try to pose as employees of companies with which your funds are associated.
What is Wirex?
Wirex looks to offer a safe and secure environment for all your digital money, particularly cryptocurrencies. It offers a Bitcoin wallet, payment card, as well a secure digital money transfer channel for wiring over money. On top of this, via Wirex you can also securely purchase Bitcoin.
The private keys of users are stored on the third party servers, though these are encrypted by a password to ensure that no one but the individual with the key can access the funds.
The wallet supports Bitcoin and Litecoin, though a vast number of Altcoins can be deposited and exchanged. The wallet is based on Blockchain technology to allow for the fastest transfer of money possible while also offering support for the transfer of cryptocurrencies.
History and About
At present, the Wirex brand is going through some changes. Previously, the platform was run by the E-coin.io website. The firm is based in London and was established at the end of 2014. The company started to undergo a rebranding in February 2016. The old website is still in existence but is redirecting the traffic to its official website.
The Wirex founders come from a varied professional background. Pavel Matveev has over ten years of experience in IT development, working on high level IT projects at numerous noted investment banks around the world.
Dmitry Lazarichev has several interests in finance and entrepreneurial projects. Beginning his career in Russia, he was employed by Solid providing consulting services, then later moved to the UK to found his own business which looked to import wood biomass. Georgy Sokolov is a salesperson with international experience in both North America and Europe, and before founding E-coin, he previously worked for Russia's larger cargo airline.
Special Features?
A unique feature of Wirex is the fact that it offers a Debit Card which is backed by Bitcoin. Users can choose between a Mastercard backed by chip and pin, or a VISA card in virtual form. The cards work like normal cards but are also backed by Bitcoin.
Currently, Wirex offers to ship it to over 130 countries all around the world with delivery times taking around three weeks around the EU and eight weeks in the rest of the world. With that said, this service is not available in America, the Middle East or India, due to regulatory issues.
FM
How Safe is Wirex?
Wirex provides security for users in the form of 2-Factor-Identification and the multi-signature feature of the wallet. The user is not only setting a password but also having to verify themselves through the mobile application for Wirex.
Customer support is available 24/7, and users can contact the platform by email or even via Facebook. There is also an FAQ on the website which aims to resolve any issues the user may have that doesn't require talking to someone.
Wirex generally has a good reputation, though there have been some rumors on Reddit about the company taking to long to process deposits, and having issues with money going missing. These are just rumors and there have been no complaints on a larger scale.
Wirex has not had any notable issues with hacking, but one does need to be careful with any type of online storage wallet as they're never 100% secure, it could be worth looking to cold storage wallets as an alternative.
Does Wirex Have Fees?
The Wirex bitcoin debit card is priced at $17 while issuing the virtual card costs $3 and an additional monthly fee of $1 for supporting it.
When topping up the card, Wirex charges a fee of $3 for direct bank transfers. Beyond the more common card-based payment methods, users can also add funds to their accounts with alternative payment service providers (cryptocurrencies) for fees which are around 2-3% of the cost of a transaction.
How to Use Wirex Securely
Step 1: Set up your account and add money through PayPal or Bank transfer.
Step 2: Order your card, and once it arrives and you have set it up you can buy Bitcoin on the platform, a unique feature for something that is also a wallet.
Step 3: You can download the mobile app to further ease your transfer of Payments. The app is even easier to use than the site as all you have to do is go towards the purchase menu.
Always be aware of security risks when visiting the site, if the website's SSL code is invalid do not attempt to go on the site as it may have been hacked. Be aware of any suspect email correspondence, as well as scammers, sometimes try to pose as employees of companies with which your funds are associated.
CFTC Drops Prediction Markets Ban Proposal, Aligns With SEC on Crypto Oversight
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights