FEX is an Honk Kong exchange that has been labelled as a scam exchange due to some series of activities that took place on the the exchange recently when a trader was scammed of his assets on the exchange with concrete proof and evidence to backup his claims, and this has drawn the attention of many traders about the exchange. The exchange doesn't allows deposit by flat either through wire transfer or credit cards so it's wise you don't send your virtual currency to the exchange's address else you might also get scammed of your funds. Exchanges like this shouldn't be allowed to exist and they should be shutdown and removed from the list of existing virtual currency market for the sake of newbies who might fall into their snares.