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Crypto · head to head

FTX vs MEXC

FTX logo

FTX

Crypto

Cryptocurrency derivatives exchange

From
Free
Rated
-
MEXC logo

MEXC

Crypto

Your easiest way to crypto

From
Free
Rated
-

The short version

  • Each has a real cost: FTX the exchange collapsed and FTX Trading Ltd filed for Chapter 11 bankruptcy protection on 11 November 2022; MEXC the App Store listing (seller Onechain Technology Ltd) states 0% maker fees and 0.01% to 0.04% taker fees that vary by region, meaning the effective trading fee a user pays is not a single published figure but depends on undisclosed regional tiers
  • They diverge on capability: FTX covers Options, MEXC covers ETF Trading.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which FTX and MEXC actually diverge.

Attributes where FTX and MEXC differ
AttributeFTXMEXC
Founded20192018

Identical on both: starting price (Free), pricing model (freemium), free tier (Yes), platforms (Web, Ios, Android), user rating (Not yet rated), category (Crypto).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in FTX

  • Options
  • Leveraged Tokens
  • FTT Token
  • Serum DEX

Only in MEXC

  • ETF Trading
  • Launchpad
  • Staking
  • MX Token

Both cover

  • Futures Trading
  • Spot Trading
  • Web support
  • Ios support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

FTX

  • Exchanges
  • Derivativesnot MEXC
  • Trading

MEXC

  • Exchanges
  • Trading
  • Altcoinsnot FTX

Both are used for exchanges, trading, on those jobs the choice comes down to price and fit rather than capability.

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

FTX

  • The exchange collapsed and FTX Trading Ltd filed for Chapter 11 bankruptcy protection on 11 November 2022
  • Around 130 affiliated companies including Alameda Research entered the same proceedings, with more than 100,000 creditors and assets and liabilities each between $10 billion and $50 billion
  • Founder Sam Bankman-Fried resigned as CEO on the filing and was replaced by John J. Ray III
  • It is not a service anyone can sign up for; the estate exists to repay creditors

MEXC

  • The App Store listing (seller Onechain Technology Ltd) states 0% maker fees and 0.01% to 0.04% taker fees that vary by region, meaning the effective trading fee a user pays is not a single published figure but depends on undisclosed regional tiers

Pricing, plan by plan

FTX

Free
  • StandardFree
    • Spot trading
    • Futures
    • Options

MEXC

Free
  • StandardFree
    • Spot trading
    • Futures
    • Launchpad

Which should you pick?

Choose FTX if

  • You need options.
  • You want to start without paying.
  • You work on Web, Ios, Android.
  • You also want leveraged tokens.

Choose MEXC if

  • You need etf trading.
  • You want to start without paying.
  • You work on Web, Ios, Android.
  • You also want launchpad.

Questions people ask

Is FTX or MEXC better?
Neither clearly leads. FTX starts at Free and MEXC at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, FTX or MEXC?
FTX starts at Free and MEXC at Free.
Does FTX or MEXC run on more platforms?
Both run on Web, Ios, Android, so platform support will not decide this one for you.
Can I use FTX for free?
Both have a free tier, so you can try either at no cost before committing.
What is FTX best used for?
FTX is most often used for exchanges, derivatives, trading. Of those, derivatives is not what MEXC is typically brought in for.
What can FTX do that MEXC cannot?
FTX covers Options, Leveraged Tokens, FTT Token, Serum DEX. MEXC covers ETF Trading, Launchpad, Staking, MX Token. Both handle Futures Trading, Spot Trading, Web support, Ios support.

Answered from the vendors’ own pages

FTX: What happened to FTX?

FTX filed for bankruptcy on November 11, 2022, after revelations about Alameda Research's massive holdings of FTX's token (FTT) triggered a liquidity crisis. The platform collapsed within days as a competing rescue deal fell through.

Source
FTX: Can I recover funds from FTX bankruptcy?

FTX has been in Chapter 11 bankruptcy proceedings since November 11, 2022. Customer funds have been subject to claims through the bankruptcy process, with asset recovery efforts ongoing.

Source
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