FXOpenvs
MEXCCrypto Exchange Comparison
Two models clash in this comparison: FXOpen uses a regulated broker framework for crypto CFDs, while MEXC operates as a token exchange. The tension centers on regulation and asset breadth.
Our Verdict
Too close to call
FXOpen and MEXC are closely matched overall, with FXOpen offering dual FCA/ASIC regulation and ECN/STP crypto CFDs, while MEXC delivers a vast coin selection and zero maker fees.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FXOpen is regulated by FCA and ASIC; MEXC has no regulator.
- 2FXOpen uses segregated client funds; MEXC does not.
- 3MEXC lists about 2000 coins; FXOpen lists eight.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
It’s a tie
Both equally suited
FXOpen wins for security due to FCA/ASIC regulation and segregated client funds.
Best for low fees
Recommended
MEXC offers zero maker fees and 0.10% taker fees.
FXOpen vs MEXC: Side-by-Side Crypto Exchange Comparison
| Criteria |  FXOpen |  MEXC |
|---|---|---|
| Editorial score | 3.6/ 5 | 3.6/ 5 |
| Min Deposit | $100 | No minimum▼ lower |
| Spreads From | 0 pips | N/A |
| Taker Fee | 3.00% | 0.10%▼ lower |
FXOpen vs MEXC Crypto Exchange Pros & Cons
Pros
- FCA and ASIC regulated, strong dual regulatory coverage
- ECN/STP execution with low crypto spreads
- MT4/MT5 with TickTrader proprietary platform option
Cons
- Smaller brand vs tier-1 competitors
- Limited proprietary research or educational content
FXOpen vs MEXC: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
3
FXOpen
criteria wins
5
MEXC
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | FXOpen | 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.) | Pass | Fail |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | 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 | Fail | Pass |
| Phone support | Pass | Fail |
FXOpen vs MEXC: Frequently Asked Questions
FXOpen and MEXC share the same editorial score of 3.6/5. One concrete differentiator: MEXC requires a lower minimum deposit.
FXOpen 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 FXOpen requires at least $100. This makes MEXC more accessible for traders looking to start with a smaller crypto investment.
FXOpen holds top-tier regulation (ASIC, FCA, CySEC), providing stronger investor protections. MEXC may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: MEXC has no minimum deposit, removing the capital barrier entirely, and FXOpen provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
FXOpen 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 FXOpen's $3 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.
FXOpen supports MetaTrader 5, cTrader, MetaTrader 4, while MEXC supports MEXC. FXOpen has exclusive access to MetaTrader 5 and cTrader and MetaTrader 4. MEXC has exclusive access to MEXC.
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 FXOpen 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 FXOpen 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.
