Overview: OKX vs MEXC at a Glance
MEXC offers lower standard trading fees across both futures and spot markets, while OKX provides a higher partner signup bonus. When evaluating fees, a maker order places a limit order on the order book to provide liquidity, whereas a taker order matches immediately with an existing order to remove liquidity from the order book.
| Feature / Metric | OKX | MEXC |
|---|---|---|
| Futures Fee (Maker / Taker) | 0.02% / 0.05% | 0–0.01% / 0.01–0.04%* |
| Spot Fee (Maker / Taker) | 0.08% / 0.1% | 0% / 0.05% |
| Partner Referral Code | LIFE7 | mexc-coingod |
| Partner Fee Discount | 20% | 20% |
| Partner Signup Bonus | $30 | $15 |
| Fee Verification Date | 2026-09-23 | 2026-09-23 |
*Note for MEXC Futures: Varies by pair: BTC and ETH 0% / 0.01%, most other pairs 0.01% / 0.04%, some promotional pairs 0% / 0%.
Fees are based on each exchange's official fee schedule (verified on 2026-09-23).
Please note that the referral discount rates and signup bonuses listed above reflect our specific partner terms rather than default public promotions and are subject to change over time.
Futures Trading Fee Comparison
MEXC is mathematically cheaper than OKX for futures trading on both maker and taker orders. Comparing maker fees, MEXC charges between 0% and 0.01% (0% for BTC and ETH, 0.01% for most pairs, and 0% on promotional pairs), which is lower than the standard 0.02% maker fee on OKX. Comparing taker fees, MEXC's range of 0.01% to 0.04% (0.01% for BTC and ETH, 0.04% for most pairs, and 0% on promotional pairs) is also lower than the fixed 0.05% taker rate on OKX. Active derivative traders who prioritize minimizing execution costs will find lower raw base rates on MEXC.
Spot Trading Fee Comparison
MEXC provides significantly lower spot trading fees for both maker and taker trades compared to OKX. On the maker side, MEXC charges 0%, outperforming OKX's maker fee of 0.08%. On the taker side, MEXC charges 0.05%, which is half the cost of OKX's 0.1% taker fee. Traders who execute spot market orders or buy directly for long-term holding will incur lower overall baseline transaction costs on MEXC.
Partner Referral Codes and Bonus Terms
OKX delivers a larger partner signup bonus, while both exchanges offer an identical partner fee discount. By using the OKX referral code LIFE7, users receive a $30 signup bonus alongside a 20% fee discount. In contrast, applying the MEXC referral code mexc-coingod grants a $15 signup bonus alongside the same 20% fee discount. Both discounts apply to reduce standard trading costs further, though OKX grants double the upfront partner bonus amount ($30 compared to $15).
Final Verdict: Which Exchange Should You Choose?
Choose MEXC if your sole objective is trading with the absolute lowest futures and spot fees, but choose OKX if you prioritize a higher upfront bonus and established infrastructure.
- Choose MEXC: If you trade high-volume futures pairs (such as BTC and ETH at 0% maker / 0.01% taker) and want 0% maker fees on spot trades. MEXC is the clear winner for cost-driven derivative traders.
- Choose OKX: If you prefer claiming a higher partner signup bonus ($30 vs. $15) and trading on an established global platform with structured 0.02% / 0.05% futures fees.
Frequently Asked Questions
Which exchange has lower futures trading fees?
MEXC has lower futures fees than OKX across all contract types. OKX charges a baseline fee of 0.02% maker and 0.05% taker, whereas MEXC charges 0–0.01% maker and 0.01–0.04% taker (with BTC and ETH at 0% maker / 0.01% taker).
What referral codes can I use for trading discounts?
You can use the partner code LIFE7 on OKX to receive a $30 signup bonus and a 20% fee discount. On MEXC, you can use the partner code mexc-coingod to secure a $15 signup bonus and a 20% fee discount.
How do spot trading costs compare between OKX and MEXC?
MEXC charges 0% for maker orders and 0.05% for taker orders on spot trades, making it cheaper than OKX, which charges 0.08% for maker orders and 0.1% for taker orders.