FXTM operates as a regulated CFD broker, while MEXC is a native crypto exchange. The clash over asset breadth, fees, and security creates a tense matchup.
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose FXTM if you want strong regulation and investor protection with segregated funds and phone support.
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 | 3.7/ 5 | 3.6/ 5 |
| Min Deposit | $10 | No minimum▼ lower |
| Spreads From | 1.5 pips | N/A |
| Taker Fee | N/A | 0.10% |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | FXTM | 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 | 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: FXTM rates 3.7/5 and MEXC rates 3.6/5. FXTM 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.
FXTM lists a spread from 1.5. 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 FXTM requires at least $10. This makes MEXC more accessible for traders looking to start with a smaller crypto investment.
FXTM holds top-tier regulation (CySEC, FCA, FSCA), 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 FXTM provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
FXTM 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 on commission-based accounts. Commission details for FXTM are not currently available. Check their website for up-to-date pricing. 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.
FXTM supports MetaTrader 5, MetaTrader 4, while MEXC supports MEXC. FXTM has exclusive access to MetaTrader 5 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 FXTM 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 FXTM 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.
FXTM wins for security with CySEC/FCA oversight and segregated funds plus negative balance protection.
FXTM wins for beginners due to low minimum deposit and educational resources.
MEXC offers staking and yield-earning options while FXTM 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.
| N/A |
| N/A |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPay | CryptoP2PCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPay | CryptoP2P |
|---|
| Withdrawal Fee | Free | Network fee only |
|---|
| Regulators | CySEC FCA FSCA FSC | — |
|---|
| 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 |
|---|
FXTM and MEXC are closely matched overall, with the clearest differentiator being coin selection and platform scope: MEXC offers a native exchange and 2000+ coins, while FXTM lists just 7.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.6 / 5
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