MEXC review

Crypto

The lowest-fee major exchange with the widest altcoin selection - the trade-off is lighter regulation.

By The Slippage Desk· Execution research· First-hand testing method
Good for

Cost-conscious traders and altcoin hunters who want 0% maker fees and thousands of listed tokens.

Not for

Anyone who needs a tier-one licence or native bank rails, or who lives in the US, UK or Canada.

Fees, explained

The real cost of a trade is the spread plus any commission, plus funding and withdrawal fees, not just the headline number. We separately measure the real average from a funded account at live session times; a figure marked "testing in progress" is one we have not finished measuring ourselves.

Fees and charges (MEXC published policy)

Deposit & withdrawal fees
Crypto deposits are free. Fiat deposits run through third-party providers and typically cost 3-5%. Crypto withdrawal fees vary by network.
Inactivity / dormant fee
MEXC does not publish a dormant-account fee that we could verify; treat this as unconfirmed and tell readers to check current terms rather than stating a number.
Trading cost
MEXC shows spot fees of 0% maker and up to 0.05% taker (0.05% on BTC/USDT, or 0.04% with its 20% MX discount). Futures fees are shown as a range by contract: 0.000% to 0.040% maker and 0.000% to 0.100% taker. These are the rates on MEXC's fee page as of 2026-10-11, not measured by us.

Source: MEXC fee page (mexc.com/fee), checked 2026-10-11. Fees can change, so confirm the current schedule on MEXC's own site before you trade.

Measuring Every figure on this page is one MEXC publishes itself, read on the date shown. Slippage Desk does not run its own funded-account tests, so nothing here is presented as our own measurement.

Regulation & safety

MEXC operates under 2 regulatory licences: Lightly regulated (offshore); no tier-one licence, Restricted in US / UK / Canada. Regulation is not a guarantee against loss - leverage and volatility do the damage - but it tells you who you can complain to and how client funds are meant to be handled. Always trade with the entity that actually onboards your country.

Opening an account

  1. Register with your email and verify it.
  2. Complete identity verification (KYC) - a government ID and proof of address.
  3. Fund the account using P2P, Card (3rd-party), USDT, Crypto transfer.
  4. Start on a demo. Size positions small. Keep a trading journal from day one.

The honest cons

  • Lighter regulation and no tier-one licence - do your own due diligence
  • Not available to US, UK or Canada residents
  • Fiat on-ramps rely on third parties and can carry 3-5% fees
  • Crypto is highly volatile - capital at real risk

What we like

  • 0% spot maker fees and 0.05% taker, among the lowest anywhere
  • Thousands of listed tokens, the widest altcoin selection of the majors
  • No minimum to open and fast listings of new coins

Open a MEXC account

Some venue links on Slippage Desk are referral links; we may earn a commission at no cost to you. It never changes what we write or the order anything appears in.

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Risk warning: trading is high risk and most retail accounts lose money. Education only, not advice.