Answer from public records
Is MEXC regulated?
MEXC does not have one universal regulatory status. VenueVeritas reviews regulatory records by legal entity, jurisdiction, and authorization scope.
MX Global Ltd appears in a public record of Financial Services Authority (Seychelles) (SC).
This evidence applies only to the specified entity, jurisdiction and authorized scope.
Official sources: Financial Services Authority (Seychelles)
Last checked: 2026-09-13
What this evidence does NOT mean
- A regulatory record attached to a named legal entity is not a global licence for the brand.
- Absence of a published record is not a finding that a venue is unregulated. Unknown remains unknown.
- Proof of Reserves is not a full financial audit and is not proof of solvency.
- Custody claims and evidence coverage are not a safety score or investment recommendation.
- VenueVeritas publishes verified public records only. Missing fields stay missing.
Crypto exchange regulation evidence directory · How we checked
Simple summary
What does VenueVeritas currently publish about this venue?
- VenueVeritas publishes a public evidence record for MEXC. Missing facts stay unknown; this page is not a ranking or recommendation.
- A verified legal relation is on file: MX Global Ltd (Operator). Brand name and legal entity are not treated as interchangeable.
- MX Global Ltd appears in a public regulatory record of Financial Services Authority (Seychelles) (SC). This record attaches to the named legal entity and jurisdiction, not automatically to the global brand.
- 2 confirmed product offering records are on file.
- Structured custody claims are on file (1). Claims are published as stated under their documented scope and are not converted into a safety rating.
- Proof-of-reserves snapshot records are on file (latest snapshot on file: 2026-09-10). Proof of reserves is not, by itself, equivalent to a full financial audit or proof of solvency.
Key public record
- Publication status
- Ready with disclosure
- Research cycle
- Investigated — not a claim that every fact is on file
- How much info is available
- 7 / 7 coveredi
- Operating company
- MX Global Ltd
- Registration / licence record
- Regional records on file
- Products confirmed
- 2 on file
- How assets are held
- 1 holding notes
- Latest reserve information
- Published (2026-09-10)
- Fee snapshot
- 4 dated snapshots
- Last checked
- Sep 13, 2026
Which operating company is mapped to MEXC?
Which legal entities are mapped to this venue in the public record?
Which legal entity is associated with MEXC?
On the public record VenueVeritas has reviewed, MEXC is associated with MX Global Ltd (Operator; jurisdiction noted: SC).
A brand name is not treated as interchangeable with a legal entity. This mapping is limited to the verified relation on file.
Official source (Financial Services Authority (Seychelles))
Verified on public record: 2026-09-13
MX Global Ltd
- Role
- Operator
- Country / region
- SC
- Scope
- Mapped to this venue in the public record
- Last checked
- Sep 13, 2026
View official recordhttps://fsaseychelles.sc/news/press-releases/fsa-takes-enforcement-action-against-mx-global-ltd-for-unlicensed-virtual-asset-services-operations
What registration or licence records are on file for MEXC?
Which regulatory instruments are on file for named legal entities — and at what scope?
Regulatory instruments attach to named legal entities and jurisdictions — not automatically to the global brand.
Crypto exchange regulation evidence directory
What regulatory records are on file for MEXC?
MX Global Ltd appears in a public record of Financial Services Authority (Seychelles) (SC).
This record attaches to the named legal entity and jurisdiction, not automatically to the global MEXC brand.
Official source (Financial Services Authority (Seychelles))
Verified on public record: 2026-09-13
Regulator-attributed statement
Seychelles Financial Services Authority (FSA) (2026-05-26): FSA press release (26 May 2026) identifies MX Global Ltd (IBC No. 238047) as the entity operating www.mexc.com and states the company does not hold, and has never been issued, any VASP Act licence or authorisation in or from Seychelles; enforcement measures are being initiated.
Regulator-attributed enforcement statement. Not a VenueVeritas determination that the brand is licensed or unlicensed globally. registerId intentionally null so this is not counted as an exact licence identifier.
Regulator-attributed statement
Seychelles Financial Services Authority (FSA) (2025-05-30): FSA public statement (30 May 2025) records that MEXC Global Ltd (historical IBC associated with the platform) was struck off / dissolved and never held VASP Act authorisation.
Historical dissolved entity — do not conflate with MX Global Ltd (IBC 238047). Source: https://fsaseychelles.sc/media-corner/regulatory-updates/public-statement-mexc-global-limited
MX Global Ltd
MX Global Ltd is listed in a public regulatory record of Financial Services Authority (Seychelles) (SC). This authorization attaches to the named legal entity and jurisdiction — not automatically to the global brand.
- Instrument class
- Enforcement
- Instrument status
- Not found
- Regulator
- Financial Services Authority (Seychelles)
- Country / region
- SC
- Register identifier
- Not found
- Instrument label
- FSA enforcement action — operating www.mexc.com without VASP Act licence (IBC 238047 identified; not a granted licence)
- Granted
- Not found
- Effective
- May 26, 2026
- Last checked
- Sep 13, 2026
View official recordhttps://fsaseychelles.sc/news/press-releases/fsa-takes-enforcement-action-against-mx-global-ltd-for-unlicensed-virtual-asset-services-operations
Products
Which product offerings are confirmed in the public record?
- SpotOffered
View official recordhttps://www.mexc.com/terms
- PerpetualsOffered
View official recordhttps://www.mexc.com/learn/article/17827791509826
How does MEXC say customer assets are held?
What does VenueVeritas confirm about custody? Claims are stated facts under documented scope — not a safety conclusion.
Notes on how assets are held are shown as stated by the source. Not a safety rating. Detail pages may also say Custody.
What does MEXC disclose about custody?
VenueVeritas has structured custody claims on file for MEXC. As stated in the reviewed sources:
Custody model (MX Global Ltd): MEXC maintains full custody of the assets, funds and User data/information (User Agreement §36)
These claims are published under their documented scope and are not converted into a safety rating.
Who holds customer assets at MEXC?
A published custody claim on file states: Custody model (MX Global Ltd) — MEXC maintains full custody of the assets, funds and User data/information (User Agreement §36).
This is a source-stated claim under documented scope, not a VenueVeritas safety conclusion.
Custody model
MEXC maintains full custody of the assets, funds and User data/information (User Agreement §36)
- Operating company
- MX Global Ltd
- Scope
- MEXC User Agreement — account custody claim as stated
- As of
- Sep 13, 2026
- Source
- MEXC
View official recordhttps://www.mexc.com/terms
Does MEXC publish reserve data? (Also called Proof of Reserves / PoR in detail.)
Does this venue have a proof-of-reserves snapshot on file?
Reserve information (Proof of Reserves / PoR) is not, by itself, a full financial audit or proof of solvency.
Proof of Reserves evidence directory · What Proof of Reserves is not
Does MEXC publish proof of reserves?
VenueVeritas has a proof-of-reserves snapshot on file dated 2026-09-10. The snapshot records methodology “Method not stated” and assets covered as “Selected assets”.
Proof of reserves is not equivalent to a full financial audit or proof of solvency.
Proof-of-reserves page (as reviewed)
https://www.mexc.com/proof-of-reserve
Verified on public record: 2026-09-13
Latest snapshot on file: 2026-09-10
- Methodology
- Method not stated
- Assets covered
- Selected assets
- Liabilities scope
- yes
- Reserve ratio
- USDT 119%; USDC 111%; BTC 297%; ETH 111% (platform-reported)
- Attester
- Not found
- Third-party verification
- Not checked
Open official source ↗https://www.mexc.com/proof-of-reserve
Fee records
What dated fee snapshots are on file?
What fee records are on file for MEXC?
VenueVeritas publishes dated fee snapshots for MEXC (latest as of 2026-09-13). These are snapshot records, not timeless “current fees”.
spot maker: 0.0000 percent — fee snapshot verified on 2026-09-13.
spot taker: 0.0500 percent — fee snapshot verified on 2026-09-13.
perpetual maker: 0.0000 percent — fee snapshot verified on 2026-09-13.
spot / maker: 0.0000 percent
As of 2026-09-13 · official_fee_page_spot_schedule_as_displayed_major_pairs
- Operating company
- Venue-level record
- As of
- 2026-09-13
Open official source ↗https://www.mexc.com/fee
spot / taker: 0.0500 percent
As of 2026-09-13 · official_fee_page_spot_base_without_MX_discount_example_BTCUSDT; MX discount may reduce to 0.0400%
- Operating company
- Venue-level record
- As of
- 2026-09-13
Open official source ↗https://www.mexc.com/fee
perpetual / maker: 0.0000 percent
As of 2026-09-13 · official_fee_page_futures_range_low_end_0.000%-0.040%
- Operating company
- Venue-level record
- As of
- 2026-09-13
Open official source ↗https://www.mexc.com/fee
perpetual / taker: 0.1000 percent
As of 2026-09-13 · official_fee_page_futures_range_high_end_0.000%-0.100%
- Operating company
- Venue-level record
- As of
- 2026-09-13
Open official source ↗https://www.mexc.com/fee
Security & operational record
Which confirmed security or operational events are published?
No structured incident record is currently published for this venue. This does not mean no incident has occurred.
What geographic restrictions are documented for MEXC?
Which geographic restrictions are confirmed in the public record?
Missing restriction rows do not mean unrestricted availability. Regional terms must not be read as global venue restrictions.
Is MEXC available in the United States?
VenueVeritas has a geographic restriction record on file for the United States (US): Venue-wide / Prohibited.
This is a published restriction record — typically from operator terms or a primary disclosure — not a determination of legality for every product, entity, or user type.
Geographic restriction source (as reviewed)
Verified on public record: 2026-09-13
Which countries restrict MEXC?
Published restriction jurisdiction codes on file: CA, CN, CU, GB, HK, IR, KP, KZ, SD, SG, UA-CRIMEA, UA-DONETSK, UA-KHERSON, UA-LUHANSK, UA-SEVAST, UA-ZAPOR, US.
These rows are not a complete worldwide availability map. Regional terms must not be read as a global brand restriction, and missing codes do not mean the venue is available there.
Geographic restriction source (as reviewed)
Verified on public record: 2026-09-13
17 confirmed restriction records on file.
| Jurisdiction | Type | Status | Product scope |
|---|---|---|---|
| CA | Venue-wide | Prohibited | — |
| CN | Venue-wide | Prohibited | — |
| CU | Venue-wide | Prohibited | — |
| GB | Venue-wide | Prohibited | — |
| HK | Venue-wide | Prohibited | — |
| IR | Venue-wide | Prohibited | — |
| KP | Venue-wide | Prohibited | — |
| KZ | Venue-wide | Prohibited | — |
| SD | Venue-wide | Prohibited | — |
| SG | Venue-wide | Prohibited | — |
| UA-CRIMEA | Venue-wide | Prohibited | — |
| UA-DONETSK | Venue-wide | Prohibited | — |
| UA-KHERSON | Venue-wide | Prohibited | — |
| UA-LUHANSK | Venue-wide | Prohibited | — |
| UA-SEVAST | Venue-wide | Prohibited | — |
| UA-ZAPOR | Venue-wide | Prohibited | — |
| US | Venue-wide | Prohibited | — |
Open questions / unresolved records
Which material fields remain unresolved after research?
regulation — Researched — unresolved
Primary FSA Seychelles enforcement press release (2026-05-26) confirms MX Global Ltd (IBC 238047) operates mexc.com without a VASP Act licence. No positive licence/register identifier exists. Do not treat enforcement evidence as a granted licence. FSA Assessment/Licensed lists still do not show a VASP licence for MX Global Ltd.
Security operations — Researched — unresolved
No confirmed primary incident packaged
por — Researched — unresolved
Dated platform PoR snapshot 2026-09-10 recorded from official PoR page with wallet disclosure. Independent auditor/attester PDF not confirmed in this pass (Audit Report UI not independently packaged).
Official sources
6 source references (publisher + URL).
MEXC
Company disclosure
Open official source ↗https://www.mexc.com/api-docs/futures/market-endpoints/get-contract-info
Last checked: Aug 25, 2026
MEXC
Company disclosure
Open official source ↗https://www.mexc.com/learn/article/17827791509826
Last checked: Aug 25, 2026
MEXC
Company disclosure
Open official source ↗https://www.mexc.com/terms
Last checked: Aug 25, 2026
Financial Services Authority (Seychelles)
Other public source
Open official source ↗https://fsaseychelles.sc/news/press-releases/fsa-takes-enforcement-action-against-mx-global-ltd-for-unlicensed-virtual-asset-services-operations
Last checked: Sep 13, 2026
Official source
Other public source
Open official source ↗https://www.mexc.com/proof-of-reserve
Last checked: Sep 13, 2026
Official source
Other public source
Open official source ↗https://www.mexc.com/fee
Last checked: Sep 13, 2026
Alternatives
Alternatives to MEXC
Candidates selected by published evidence attributes — product, jurisdiction, custody, PoR and record completeness. Not ordered by affiliate payout.
Different regulatory evidence profile
Different regulatory evidence profile
Different regulatory evidence profile
Different regulatory evidence profile
Different regulatory evidence profile
How we checked
Based on public information. Blank means not confirmed yet.
Last checked: Sep 13, 2026 · Last checked: Sep 13, 2026
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