Two trading styles clash: FBS offers crypto CFDs with a tiny deposit, while MEXC is a broad native crypto exchange. The tension centers on security, fees, and asset breadth.
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose FBS if you want a $1 minimum deposit and phone support, with CySEC, IFSC and FSCA regulation.
Choose if…
Choose MEXC if you want a native exchange with 2,000+ coins and zero maker fees.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
| Criteria | ||
|---|---|---|
| Editorial score | 3.4/ 5 | 3.6/ 5 |
| Min Deposit | $1 | No minimum▼ lower |
| Spreads From | 0 pips | N/A |
| Taker Fee | 20.00% | 0.10%▼ lower |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | FBS | MEXC |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Pass |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Fail |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Fail |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Fail | Pass |
| Features | ||
| Staking available | Fail | Pass |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
The scores are close: FBS rates 3.4/5 and MEXC rates 3.6/5. MEXC has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
FBS lists a spread from 0. Current spread data is not available for MEXC. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
MEXC has no minimum deposit, while FBS requires at least $1. This makes MEXC more accessible for traders looking to start with a smaller crypto investment.
FBS is regulated by IFSC, CySEC. MEXC is regulated by authorities listed on their website. Confirm a exchange's current regulatory status on the relevant regulator's public register before opening an account.
For beginners, MEXC has no minimum deposit, removing the capital barrier entirely. Both exchanges otherwise share similar beginner-facing criteria in our data. Also compare demo account availability and educational resources on each exchanges's site.
FBS offers up to 2:1 on perpetual or margin products, versus MEXC's 200:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
MEXC charges $0.1 per trade, lower than FBS's $20 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
FBS supports MetaTrader 4, MetaTrader 5, while MEXC supports MEXC. FBS has exclusive access to MetaTrader 4 and MetaTrader 5. MEXC has exclusive access to MEXC.
MEXC scores higher on security criteria, with cold storage. For crypto, cold storage and proof of reserves are key indicators that client assets are protected against exchange failure or hacks.
MEXC scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
MEXC offers staking while FBS does not according to our data. Staking lets you earn passive yield on your crypto holdings directly through the exchange. Check MEXC's supported coins, lock-up terms, and estimated yields before committing.
MEXC lists 500+ coins while FBS does not meet this threshold in our data. For traders who want access to many altcoins, MEXC has the broader selection. Confirm specific coin availability for your region on each exchange's website.
FBS wins for security due to CySEC, IFSC, and FSCA regulation.
FBS suits beginners with a $1 minimum deposit and regulated oversight.
MEXC offers staking and yield-earning options while FBS does not, making MEXC the better choice for holders who want to earn passive income on their crypto.
Equally matched for DeFi and Web3 features.
| 2 pips |
| N/A |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPayPerfect Money | CryptoP2PCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPayPerfect Money | CryptoP2P |
|---|
| Withdrawal Fee | Free | Network fee only |
|---|
| Regulators | IFSC CySEC FSCA | — |
|---|
| Cold Storage | No | Yes |
|---|
| Proof of Reserves | No | No |
|---|
| Staking | No | Yes |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | No | Yes |
|---|
| P2P Trading | No | Yes |
|---|
| Crypto Earn / Savings | No | Yes |
|---|
| Token Launchpad | No | Yes |
|---|
| Active bonuses | None | 2 offers |
|---|
MEXC is the overall winner on editorial score, posting 3.6 versus FBS's 3.4. FBS remains viable for a $1 minimum deposit and MT4/MT5 access.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.4 / 5
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