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OKX review

By the TradeReviewed Research Team. Data from official exchange pages and regulator registers, dates shown per exchange.

How we testSources linked on every reviewAffiliate disclosure
Data verified 19 Oct 2026, sources linked.

OKX is a centralized crypto exchange. Official registers we checked list it (or a group company) as licensed or registered in: European Union (MiCA), UAE / Dubai (VARA), Singapore, Japan. Restricted or under a regulator warning in: India. Base-tier fees: spot 0.08% maker / 0.10% taker, futures 0.02% maker / 0.05% taker. TradeReviewed score: 4.0 out of 5.

Referral code

Use our referral code: OKX referral code 46138218

Key facts

TypeCEX
TradeReviewed score4.0/5
Spot fees (maker / taker)0.08% / 0.10% source
Futures fees (maker / taker)0.02% / 0.05% source
Licensed or registered inEuropean Union (MiCA), UAE / Dubai (VARA), Singapore, Japan
Restricted or warningIndia
Proof of reservesMonthly Merkle tree + zk-STARK source
Volume 24h$1.50B
Derivatives $18.85B CoinGecko, 2026-10-28
Max leverage125x
EEA retail (OKX Europe, X-Perps): max 10x source
KYCFull
Last verified19 Oct 2026
Fee notesRegular tier, Standard Group pairs (OKX announcement of 20 Aug 2026). Regional entities such as OKX US use different schedules.

Score breakdown

Each category is calculated from the sourced data on this page. Missing data scores low, never estimated. Methodology and formula.

Regulation and licences (25%)3.2
Security and proof of reserves (20%)3.5
Fees (spot and futures) (20%)3.9
Liquidity and volume (15%)5.0
Products and features (10%)5.0
Transparency, KYC and support (10%)5.0

Full OKX review

Verdict

OKX scores 4.0 out of 5 in our global ranking. For users in the EU our EU score is 4.5, which gives MiCA authorisation more weight. Strongest category: Liquidity and volume (5.0 / 5). Weakest category: Regulation and licences (3.2 / 5).

OKX is a centralized crypto exchange. Official registers we checked list it (or a group company) as licensed or registered in: European Union (MiCA), UAE / Dubai (VARA), Singapore, Japan. Restricted or under a regulator warning in: India. Base-tier fees: spot 0.08% maker / 0.10% taker, futures 0.02% maker / 0.05% taker. TradeReviewed score: 4.0 out of 5.

Overview

OKX is a centralized crypto exchange founded in 2017. CoinGecko reports a 24-hour trading volume of $1.50B spot and $18.85B derivatives (updated 2026-10-28). Official website: www.okx.com.

Regulation and licences

Official registers we checked list it (or a group company) as licensed or registered in: European Union (MiCA), UAE / Dubai (VARA), Singapore, Japan. Restricted or under a regulator warning in: India.

MiCA status in the EU: Yes. OKX is listed as licensed in European Union (MiCA): MiCA CASP authorisation (OKX Europe Limited), Malta Financial Services Authority (MFSA). (checked 2026-10-19) ESMA interim register, authorised 27/01/2025.

The table below lists every jurisdiction we checked, with links to the official registers and the date of our last check. ↓

Security and proof of reserves

Proof of reserves: Monthly Merkle tree + zk-STARK. source Our security and proof-of-reserves score: 3.5 / 5.

No exchange is risk-free. Keep only the funds you actively trade on an exchange and move long-term holdings to a wallet you control.

Fees

Base-tier fees: spot 0.08% maker / 0.10% taker, futures 0.02% maker / 0.05% taker. Regular tier, Standard Group pairs (OKX announcement of 20 Aug 2026). Regional entities such as OKX US use different schedules.

Withdrawal fees are set per coin and network and are shown before you confirm a withdrawal. Check the official fee page for the current amount. Official fee page: www.okx.com.

Products

Products we confirmed: Spot trading, Futures, Margin trading, Options, Copy trading, Trading bots, Earn and staking, Launchpad, P2P trading, Web3 wallet. Maximum leverage on futures: 125x.

KYC and verification

KYC: Full. See the official terms for the limits that apply without verification.

Deposits and withdrawals

Deposit methods: Card, bank transfer, P2P, crypto. Crypto withdrawals are sent on-chain. Fiat options depend on your country and verification level.

App and user experience

OKX has apps for iOS and Android next to the web platform. Our transparency, KYC and support score: 5.0 / 5.

Customer support

OKX offers 24/7 live chat support in the app and on the website.

Pros and cons

Pros

  • Licensed or registered in: European Union (MiCA), UAE / Dubai (VARA), Singapore, Japan
  • Published proof of reserves
  • Low base spot fees (0.10% taker)
  • Futures trading with up to 125x leverage
  • High liquidity ($1.50B spot volume in 24 hours)
  • Copy trading and trading bots

Cons

  • Restricted or under a regulator warning in: India

Who OKX is for

  • Futures traders who want base fees of 0.02% maker / 0.05% taker.
  • Spot traders looking for low fees (0.10% taker).
  • EU residents who want a MiCA-authorised provider.
  • Beginners who want to copy experienced traders or run trading bots.

Alternatives to OKX

Other exchanges worth comparing, ranked by our order:

  1. BingX review 3.3 / 5
  2. Binance review 4.1 / 5
  3. Bybit review 4.1 / 5
  4. KuCoin review 4.0 / 5
  5. WhiteBIT review 3.9 / 5

OKX referral code

Use the code 46138218 when you open a OKX account. It is the same code we list on our referral page.

Open OKX with our link   OKX referral code details

You'll hear it here firstBreaking crypto and market alerts on Telegram, before everyone else.
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Regulation by country and region

Status per jurisdiction with a link to the official register. Registers change, so always check the source and the date we last verified it. What these statuses mean.

JurisdictionRegulatorLicence / registrationNumberStatusOfficial sourceLast verified
European Union (MiCA)Malta Financial Services Authority (MFSA)MiCA CASP authorisation (OKX Europe Limited)-Licensed
ESMA interim register, authorised 27/01/2025.
Register19 Oct 2026
United StatesNYDFS (BitLicense) / FinCEN (MSB)--Not verifiedRegister-
UAE / Dubai (VARA)Virtual Assets Regulatory Authority (VARA)VASP Licence (OKX Middle East Fintech FZE): Exchange incl. VA derivatives, broker-dealer, lending and borrowing, management and investmentVL/23/12/003Licensed
VARA public register, licensed VASPs.
Register19 Oct 2026
United KingdomFinancial Conduct Authority (FCA)--Not verified
FCA cryptoasset register could not be read automatically (bot protection); not verified yet.
Register-
SingaporeMonetary Authority of Singapore (MAS)Major Payment Institution, Digital Payment Token service (OKX SG Pte. Ltd.)-Licensed
MAS Financial Institutions Directory, DPT service list (38 entities), checked 20 Oct 2026.
Register20 Oct 2026
JapanFinancial Services Agency (JFSA)Crypto-asset exchange service provider (OKCoin Japan K.K.)-Registered
JFSA list as of 30 Sep 2026.
Register19 Oct 2026
Hong KongSecurities and Futures Commission (SFC)Not licensed: VATP application withdrawn (OKX Hong Kong FinTech Company Limited)-Not licensed
Removed from the applicant list on 24/05/2024.
Register19 Oct 2026
AustraliaAUSTRAC--Not verified
AUSTRAC does not publish a public list of registered digital currency exchanges; not verified.
Register-
CanadaCanadian Securities Administrators (CSA) / FINTRAC--Not verifiedRegister-
IndiaFinancial Intelligence Unit India (FIU-IND)Directed for takedown of apps and URLs (operating without FIU-IND registration)-Banned / warning
Lok Sabha Unstarred Question 5805 (30 Mar 2026), Annexure II.
Register20 Oct 2026
TurkeyCapital Markets Board (SPK/CMB)Transitional list of operating CASPs (OKX TR Kripto Varlık Alım Satım Platformu AŞ)-Pending
SPK states that being on this temporary list does not mean the entity is authorised.
Register20 Oct 2026
South KoreaKorea Financial Intelligence Unit (KoFIU)--Not verifiedRegister-
BrazilBanco Central do Brasil (BCB)--Not verified
Banco Central do Brasil has not published a list of authorised SPSAVs yet (checked 20 Oct 2026).
Register-

Regional rankings

Best crypto exchanges by region

Selling crypto at a profit? See how much tax you would pay with our crypto tax calculator. Crypto tax calculator

New to crypto? Start here

OKX: frequently asked questions

Is OKX regulated?

Yes, in some jurisdictions. Official registers list OKX (or a group company) as licensed or registered in: European Union (MiCA), UAE / Dubai (VARA), Singapore, Japan. Licences are usually held by a local entity, so check which company serves your country.

Is OKX legal in the US?

We have not verified the status of OKX in United States yet. Check the official register and the exchange's terms for your country.

Is OKX MiCA licensed?

Yes. OKX is listed as licensed in European Union (MiCA): MiCA CASP authorisation (OKX Europe Limited), Malta Financial Services Authority (MFSA). (checked 2026-10-19) ESMA interim register, authorised 27/01/2025.

What are OKX fees?

At the base (regular user) tier: spot 0.08% maker / 0.10% taker, futures 0.02% maker / 0.05% taker, according to the official fee page (checked 2026-10-19). VIP tiers and token discounts can lower this.

Is OKX available in the UAE?

Yes. OKX is listed as licensed in UAE / Dubai (VARA): VASP Licence (OKX Middle East Fintech FZE): Exchange incl. VA derivatives, broker-dealer, lending and borrowing, management and investment, Virtual Assets Regulatory Authority (VARA). (checked 2026-10-19) VARA public register, licensed VASPs.

Does OKX require KYC?

KYC: Full. See the official terms for the limits that apply without verification.

What is the TradeReviewed score of OKX?

4.0 out of 5, calculated with our published methodology from regulation, security, fees, liquidity, products and transparency data. Partnerships do not affect the score.

Is OKX safe?

Proof of reserves: Monthly Merkle tree + zk-STARK. source Our security and proof-of-reserves score: 3.5 / 5. Official registers we checked list it (or a group company) as licensed or registered in: European Union (MiCA), UAE / Dubai (VARA), Singapore, Japan. Restricted or under a regulator warning in: India.

What can you trade on OKX?

Products we confirmed: Spot trading, Futures, Margin trading, Options, Copy trading, Trading bots, Earn and staking, Launchpad, P2P trading, Web3 wallet.

Does OKX have a mobile app?

OKX has apps for iOS and Android next to the web platform.

What are the OKX withdrawal fees?

Withdrawal fees are set per coin and network and are shown before you confirm a withdrawal. Check the official fee page for the current amount.

What is the OKX referral code?

The OKX referral code is 46138218. Enter it at sign-up or use our link.

Sources

Risk warning: crypto-assets are volatile and you can lose all of your money. Leveraged products are high risk. Nothing on this page is financial advice.

You'll hear it here firstBreaking crypto and market alerts on Telegram, before everyone else.✈ Join our Telegram
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