OKX: reviews, fees and security
By the NexoTrade team · Checked on October 22, 2026
OKX is a good fit if you live in the European Union and want an exchange authorized under MiCA, or if you’re looking for a big one with futures and copy trading. If you live in the European Union, keep in mind that futures there go up to 10x, not 100x.
Quick facts
| Detail | OKX |
|---|---|
| Founded | 2017 |
| Who operates it | Aux Cayes FinTech Co. Ltd. (Seychelles) |
| Futures: maker / taker | 0.02 % / 0.05 % |
| Spot: maker / taker | 0.08 % / 0.1 % |
| Maximum leverage on BTCUSDT | 100x (10x in the EU) |
| Copy trading | Yes: futures and spot |
| Identity verification | Required to deposit, trade and withdraw |
| Proof of reserves | BTC 110 % · ETH 100 % · USDT 105 % · USDC 101 %, no total ratio (October 2, 2026) |
| MiCA license (EU) | Yes: OKX Europe Limited (MFSA) |
| PSAV register (Argentina) | Yes: OKX Fintech, S.A. de C.V. (Sucursal Argentina) |
AdvertisingIf you open your account through these links, CryptoBruj receives a commission from the exchange. It costs you nothing.
CryptoBruj’s code on OKX
cryptobrujYou enter it in the “Referral code” field when you create the account.
If you live in the European Union, your OKX account is opened by OKX Europe Limited, authorized under MiCA by Malta’s MFSA since January 27, 2025.
Fees
On futures, without a VIP level, OKX charges 0.02 % to those who place a limit order (maker) and 0.05 % to those who trade at market (taker). On spot, 0.08 % and 0.1 %.
An example on BTCUSDT: opening and closing a 10,000 USDT position at market (for example, 1,000 USDT of margin at 10x) costs about 10 USDT in fees. Funding is paid or received separately, every few hours.
Futures and copy trading
USDT perpetuals with up to 100x leverage on BTCUSDT. Being able to doesn’t mean you should: above 20x, a small price move liquidates you. If you live in the European Union, there are no perpetuals: you get X-Perps, five-year futures from OKX Europe Markets Limited, with up to 10x. Cross or isolated margin
It has copy trading for futures and spot: you copy another trader’s trades with part of your balance. What that trader made before says nothing about what you’ll make, and their losses get copied too. In the European Union, the OKX website only shows copy trading for spot.
Security
- Proof of reserves: BTC 110 % · ETH 100 % · USDT 105 % · USDC 101 %, no total ratio (October 2, 2026). It says how much it holds against what it owes its customers in those assets, not whether the exchange is solvent in everything else.
- Identity verification required to deposit, trade and withdraw.
- Its terms of use say it’s operated by Aux Cayes FinTech Co. Ltd., a company based in Seychelles. It was founded in 2017. If you live in the European Union, you’re served by OKX Europe Limited (Malta). In Argentina, OKX Fintech, S.A. de C.V. (Sucursal Argentina).
Where it can provide services
| Detail | OKX |
|---|---|
| Spain and the rest of the European Union | Yes, with the code. You’re served by OKX Europe Limited, authorized under MiCA (ESMA register, October 22, 2026) |
| Argentina | Yes, with the code. Registered as a PSAV through OKX Fintech, S.A. de C.V. (Sucursal Argentina) |
| Mexico, Colombia and the rest of Latin America | Yes, with the code |
| Other countries | With the code; check its terms to see whether it accepts residents of your country |
How we make this profile
The data comes from OKX’s official website, its help center and public registers (ESMA in the European Union, the CNV in Argentina), with the date of each check. We don’t give ratings: we don’t have a published method for scoring exchanges. It’s written by the NexoTrade team.