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vs 
OVEX vs Rain: fees, licences and P2P
Facts for both companies from their official pages; each was checked on the date shown in its review.
Facts verified on October 18, 2026
Key differences
- Only OVEX is licensed by FSCA.
- Only Rain is licensed by CBB, FSRA (ADGM), and VARA.
Side by side
| Criterion | OVEX | Rain |
|---|---|---|
| Rating | ||
| Regulators | FSCA | CBB, FSRA (ADGM), VARA |
| USDT withdrawal | 5 USDT on TRC20, 8 USDT on ERC20 | — |
| Proof of reserves | not published | not published |
| Deposits and withdrawals | Bank transfer | Bank transfer, Visa / Mastercard |
| Spot trading fees | — | maker 0%, taker 0.05% |
| Founded | — | 2017 |
| Headquarters | — | Bahrain |
| Read review | Read review |
Frequently asked questions
Which regulators license OVEX and Rain?
OVEX is licensed by FSCA; Rain by CBB, FSRA (ADGM), and VARA.
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