Bahamas
United Kingdom
Australia
Singapore
activeFeaturedExchange
- HQ
- San Francisco
- Fee
- Free to hold
5.2Caution
AlternativesFive questions
At a glance
Is it a bank?
No. FTX is not a licensed bank. Confirm who the money sits with before you send salary there.
If it fails?
None. Bankruptcy estate.
Salary?
Not listed. An IBAN or sort code is not automatically a salary account.
Open from abroad?
Residency and KYC are gated. An App Store listing is not proof you can onboard.
Monthly fee
—
Account number
No IBAN-class local rail on this file.
NeoBankDB Verdict
Licence first · score second
5.2
/10 · Caution
Not a product. A warning label with a logo.
What it is
FTX collapsed in November 2022. Customer assets were commingled and stolen. This register keeps the tombstone so ‘FTX alternative’ pages have somewhere honest to land.
Best for: Why custody and proof-of-reserves talk exists.
Last checked 2026-08-01. Not advice.
Closed 2022-11
Fraud and bankruptcy. Customer assets commingled. Court-supervised recovery.
What it does well
What to watch
- −Fraud
Who holds the money
The account
How money actually moves
- Who holds the cash
- Exchange omnibus / customer assets
- How money moves
- ACH / USD · Faster Payments
- Built for
- Personal
- Settlement
- On-chain + withdrawal queues
- Freeze risk
- Closed — no new customers
- Card
- FTX has no card listed on this file.
Licence first
Safety
None. Bankruptcy estate.
- No banking licence listed. Read the entity, not the app icon.
Fees
- Monthly
- —
- FX markup
- —
- ATM
- —
Features
- –IBAN
- –Fee-free core
- –Multi-currency
- –Apple Pay
- –Google Pay
- –Virtual card
- –Physical card
- –Metal card
- –Crypto
- –Stocks
- –Business
- –Kids
- –Halal
- Was: spot, derivatives, token
Score
- Safety25%
- 0.5
- Fees20%
- 7.0
- Features15%
- 8.0
- App15%
- 8.0
- Global15%
- 8.0
- Support10%
- 1.0
Change log
Full logNo dated notes yet. When the licence, fees, or status moves, it lands here.
Available in
Straight answers
FAQ
01Is FTX still a product?
No. FTX collapsed in November 2022. Customer assets were commingled. This file is a tombstone so alternative pages have somewhere honest to land.
02Was FTX deposit-protected?
None. There is a bankruptcy estate, not a statutory deposit scheme and not proof-of-reserves after the fact.
03What should I read instead of an FTX alternative round-up?
Start with who holds the keys. A licensed bank, a named EMI, or self-custody — not another venue that cannot name the custodian.
Ratings and reviews
No published user reviews yet. The NeoBankDB score still comes from licence, fees, and the product — not from an empty star average.
Alternatives
activeExchange
- HQ
- San Francisco
- Fee
- Maker-taker
activeCrypto wallet
- HQ
- Omaha
- Fee
- Free wallet