OKX vs MEXC fees: how do they compare?

OKX's published futures fees are 0.02% maker / 0.05% taker, while MEXC's are 0.01% maker / 0.04% taker — MEXC's posted schedule is lower on both sides. That's only half the comparison: the payback each exchange's referral partnership returns is 50% on OKX and 55% on MEXC through loweef right now.

The published fee schedules, side by side

Exchange	Total rate	Welcome boost	Effective taker
AlphaX	65%	—	0.0175%
BingX	60%	70%	0.0200%
OKX	50%	60%	0.0250%
MEXC	55%	65%	0.0180%

OKX: 0.02% maker / 0.05% taker. MEXC: 0.01% maker / 0.04% taker. On the raw schedule, MEXC posts the lower taker fee.

Why the posted fee isn't the whole answer

A lower posted taker fee doesn't automatically mean a lower effective cost once a payback is applied — which exchange has the lowest effective fees → covers how the rebate share and the raw fee combine. On OKX, loweef's current partnership returns 50% of every trading fee; on MEXC, it's 55%, split between what MEXC credits directly and what loweef adds on top.

Product differences beyond fees

OKX runs a broader product line — spot, futures, options and web3 tools — while MEXC's lineup here is spot and futures.

How to lower what you pay on either

Both exchanges' own VIP volume tiers and a referral payback stack on top of the posted schedule — see the exchange-specific breakdowns: lower OKX futures fees → and lower MEXC futures fees →

Figures are estimates based on published fee schedules and loweef's current partner rates; actual results vary with VIP tier and maker/taker mix, and rates can change prospectively.

Frequently asked questions

Which has the lower posted futures fee, OKX or MEXC?

MEXC's published schedule (0.01% maker / 0.04% taker) is lower on both sides than OKX's (0.02% maker / 0.05% taker) — but the posted fee is only part of what you actually pay after a payback.

Does a lower posted fee always mean a lower effective cost?

No — the payback share matters too. An exchange with a slightly higher posted fee but a larger payback can end up cheaper in practice than one with a lower fee and a smaller payback.

Can I get a payback on both OKX and MEXC?

Yes — they're separate partnerships with separate accounts. Each exchange's payback applies only to trading fees paid on that exchange, through the account linked to it.