MEXC exchange profile: fees, account controls and regional access

The liquidation guide describes cancelling orders, reducing eligible higher-tier positions and finally taking over the remaining position if the margin condition persists. The insurance fund covers qualifying liquidation deficits; auto-deleveraging is the subsequent mechanism if the fund cannot absorb them. The bankruptcy-price takeover need not appear as an ordinary matching-engine trade on the chart. That distinction matters when reviewing a liquidation complaint or comparing an order history with the displayed candles.[7]

Copy trading adds a further cost and control relationship. The September lead-trader guide gives a 10% default profit share, permits changes and allows up to 50% in private mode. Its daily sharing calculation applies when the relevant follower result is positive. Closing a lead position closes followers at market; partial closes are copied proportionally. Leader returns should therefore not be read as a promise of the same net result after execution differences, fees and sharing.[10]

MEXC says fees can vary by region and event. The table separates the October guide’s ordinary web/app figures from the distinct API schedule and selected-country changes. The actual account tariff remains decisive.[2][3][4][5]

The June API notice contains an editorial inconsistency: its revised table shows 0.06%/0.08%, but the worked example below repeats the preceding 0.04%/0.06% rates. This profile uses the explicitly dated revised table, supported by the October fee guide, and preserves the discrepancy. It is consequential for automated trading because API pricing takes precedence over zero-fee events and token deductions. The exact account’s fee response remains the appropriate transaction-level check.[4][3]

These examples hold notional constant on entry and exit and exclude spread, slippage, price changes, withdrawal costs and any liquidation charge. Funding is separate from commission and can change sign. MEXC’s calculation guide values the position using fair price at settlement; therefore a constant contract quantity need not have constant funding notional. For coin-margined contracts, the asset-denominated profit formula also differs from the linear stablecoin contract. Comparing fee percentages without specifying the product can conceal a materially different cash flow.[6]

The September SEPA deposit guide still lists the Netherlands, while the later Dutch wind-down notice restricts affected accounts. The later account-specific transition takes precedence over treating that older payment list as current onboarding permission. Similarly, the 2025 T+N list includes locations that the current global terms exclude. A payments article establishes how a route works for eligible users, not an independent permission to use the exchange from every named country.[13][15][21]

In P2P, the escrow covers the crypto leg; the buyer’s fiat payment still follows the chosen payment method. MEXC says a paid order must be marked as paid before its timer expires, otherwise cancellation can release the locked crypto back to the seller. A dispute can be escalated inside the order with payment evidence. This mechanism should not be described as ordinary bank-deposit protection or an unconditional guarantee against payment fraud.[26]

The Risk Control Guideline separately permits account restrictions after credential changes, automated reviews, suspicious activity or legal directions. Although it describes many restrictions as lasting 24 hours, it reserves shorter, longer and permanent measures. That wording should not be converted into a promise that a blocked withdrawal automatically clears the next day. The same guideline addresses market manipulation, abusive order activity and strategies exploiting system or pricing anomalies, with possible restrictions and forfeiture of gains after its determination.[17]

MEXC says its reserve programme covers reported liabilities, wallet ownership, reserve calculations and Merkle-tree verification. The company publishes wallet information and a user-level inclusion mechanism. The October figures here are attributed to its report announcement; the underlying assurance work was not independently re-performed. A covered-asset ratio does not establish every corporate liability, the insolvency treatment of all products or uninterrupted access to withdrawals.[18][19]

MEXC reported 100 million USDT and 2,000 BTC in its Guardian Fund on 30 September. Its USD 500 million two-year target is future funding, not the present balance. Bitcoin valuation changes with price, and the fund is not a per-user statutory entitlement. The futures insurance fund separately absorbs qualifying liquidation deficits.[20][7]

The current agreement excludes, among other places, the US, UK, Canada, mainland China, Hong Kong, Singapore, Malaysia and Kazakhstan, alongside specified sanctions-related territories. This selected list is not exhaustive. The legal name and country in the current agreement are distinct from older warning notices, but a change of name or address does not itself establish regulatory approval.[1]

France: new registrations are closed. Each affected account receives its batch by email; preparation-period access continues, then the account becomes reduce-only. Events ended on 28 October. The notice schedules remaining position closure for 22 January 2027, withdrawal-only access from 25 January, and withdrawal closure on 5 March at 00:00 (UTC+1). Custodian arrangements remain to be announced; no automatic move to another exchange is promised.[31]

The 20 October Russia/Belarus notice announces discontinuation for affected users with individual position-closing and withdrawal instructions. It expressly says an account that has not received a notice is unaffected by this change, subject to the terms. It does not publish a universal closure date for every Russian or Belarusian account.[32]

The September operating report says MEXC handled 48,268 inquiries with a 76.71-second average response time. Those are company-reported statistics, not a service-level promise or independently tested support result. Account problems should follow the official help and ticket routes; payment disputes have their own P2P or OTC workflow. A profile cannot infer a successful outcome from a short average first-response time.[27][26][14]

For a formal dispute, the agreement specifies initial internal handling and a written Notice of Claim identifying the basis, requested relief, ticket number and account email. It then sets out HKIAC arbitration. The notice route is supplied in the customer’s correspondence; no general ombudsman or compensation entitlement is inferred.[1]

Position history combines entries and exits; individual fills document execution prices and commission. Transfers and funding supply further cash-flow evidence. Retaining the source files prevents a shorter screen display from being mistaken for the full review period.[24][25][6]

The AFM’s concern addressed specific crypto services and the investor’s position if the platform encountered financial problems. It should not be diluted into a general claim that all exchanges are equally regulated, nor extended into a claim that every other jurisdiction has issued the same finding. This profile has not established a positive current authorisation covering the named global operator’s entire service menu. Any local or affiliate approval requires an entity-and-activity match.[22]

MEXC dates its start to 2018. A July 2026 release described more than 40 million users across over 170 markets; its September report recorded USD 407 billion of total trading volume and 178 new token listings across spot and futures. These are company-reported measures. The monthly total is not presented as independently verified spot volume, and cumulative users are not equated with active traders. Its separate claim of more than 10,000 traditional-market assets is not a crypto listing count.[27][29]

Operator

MEXC (Comoros) Ltd

Exchange model

Centralised

Service scope

Spot, perpetuals, copy/bot tools and separately scoped fiat and other asset-access services.

Client types

Retail clients; Institutional clients

Pricing publication

Public and quoted pricing

Pricing scope

Pair, region, promotion and execution channel affect rates. Futures API has a distinct schedule.

Funding scope

Crypto, partner-supported bank/card routes and P2P; identity, timing, network and account-review conditions differ.

Custody and asset handling

Centralised custody with company-published monthly reserve reports and a separate Guardian Fund; these are not treated as universal compensation guarantees.

Client eligibility

KYC and country restrictions apply. Netherlands-linked accounts are being offboarded; France has closed new registrations and has a separate phased exit. Russia/Belarus restrictions depend on individual notifications.

Support

Official help centre and account ticket routes; P2P appeals and a contractual Notice of Claim procedure.

Authorisation and registration scope

Dated AFM and FCA warnings are retained alongside current operator wording; no universal positive permission is inferred.

Exchange metadata checked 29 Oct 2026Source 1Source 2Source 4Source 12Source 17Source 18Source 21Source 22Source 23Source 31Source 32

The October Special Treatment notice explains that deposit service closes when a token is delisted. A later transfer may be returned to the original sending address with on-chain costs; if that address belongs to another exchange, the sender may need that platform’s assistance to obtain credit. Small residual holdings may also remain hidden until the wallet’s small-balance filter is disabled. Delisting therefore concerns recoverability and record keeping as well as the last available trading price.[28]