Quick Answer
MEXC's standard fees are already the lowest in the industry: 0% maker / 0.01% taker on futures. VIP levels reduce taker fees even further. Combined with 20% cashback, you can achieve effective fees as low as 0.0064% — virtually free trading.
MEXC Fee Structure
Spot Fees
LevelMakerTaker
Standard**0.000%**0.050%
VIP1+0.000%Lower
Futures Fees
LevelMakerTaker
Standard**0.000%****0.010%**
VIP1+0.000%Even lower
MEXC is the only major exchange with 0% maker fees on both spot AND futures.
VIP Tier System
VIP Level30d VolumeFutures MakerFutures TakerAfter 20% CB
RegularAny0.000%0.0100%0.0080%
VIP1$10M+0.000%0.0090%0.0072%
VIP2$50M+0.000%0.0080%**0.0064%**
VIP3$100M+0.000%0.0070%**0.0056%**
VIP4$250M+0.000%0.0060%**0.0048%**
VIP5$500M+0.000%0.0050%**0.0040%**
VIP5 + cashback = 0.004% taker — that's 92% lower than Binance's standard taker (0.05%).
MEXC vs Competitors at Each Level
ComparisonMEXC (Standard)Binance (Standard)Bybit (Standard)
Maker**0.000%**0.020%0.020%
Taker**0.010%**0.050%0.055%
After CB**0.008%**0.040%0.044%
MEXC savings—**5x cheaper****5.5x cheaper**
Full comparison: exchange cashback comparison
Who Benefits Most from MEXC VIP?
High-Volume Futures Traders
Scalpers and Day Traders
Market Makers
Annual Savings: MEXC VIP + Cashback
VIP1 Trader ($10M/month)
MetricMEXCBinanceDifference
Monthly fees (taker)$900$5,000$4,100
Monthly CB (20%)$180$1,000—
Net monthly cost**$720****$4,000****$3,280 saved**
**Annual savings****$39,360**
VIP3 Trader ($100M/month)
Net monthly cost**$5,600****$40,000**
**Annual savings****$412,800**
How to Get MEXC VIP + Cashback
Should You Switch to MEXC?
You should switch if...Stay on current exchange if...
Fee minimization is #1 priorityYou need deepest BTC/ETH liquidity
You trade altcoin futuresYou need VARA/CySEC regulation
You do high-frequency tradingYou're heavily invested in BNB
You want 0% maker immediatelyYou use sophisticated order types
Key Takeaways
Related: 7 methods to lower fees | MEXC fee rebate | perpetual contract rebate