Is Margex available in US? Can I use Margex in US?

Is Margex available in US? Can I use Margex in US?

Robert McDougall 

January 9, 2024

Cryptocurrency

Key Takeaways

  • Margex is a margin trading platform that is not available for US residents.
  • An alternative to Margex for US residents is MEXC, which offers a wider range of coins, higher leverage, and spot trading, with low trading fees and a welcome offer.
  • The US has strict regulations for cryptocurrency exchanges, which is why Margex cannot be accessed in the US.
  • There are many cryptocurrency exchanges available in the US, with MEXC being a top pick for a Margex-like platform.

Margex is one of the best margin trading platforms in the world, offering up to 100x leverage, low trading fees, and excellent welcome offer of $100 FREE bonus when you sign up with this link. The question is whether you can use it if you live in the United States: unfortunately, it is not available for US residents.

If you live in the USA and you are searching for a trading platform like Margex, we recommend signing up to MEXC, which is accessible in the US. MEXC has a much wider range of coins to trade (1,520+), leverage up to 125x (which is more than Margex's 100x), and also has spot trading, which is not supported on Margex.

The trading fees are very low, at only 0.2% for spot trading and 0.02/0.06% (maker/taker) for futures trading. If you sign up with this link, you will gain a further 10% off all your trading fees! With our unique link, you even receive FREE $25 USDT when you sign up. To find out more information about MEXC before registering, you can read this detailed review.

Can US citizens use Margex?

I'm sorry to tell you that if you are a US resident, you are unable to use Margex. An excellent alternative is to sign up to MEXC which is available to US users.

How to use Margex in the US?

You are not able to access Margex in the United States, but it doesn't mean you cannot trade crypto. There are lots of alternatives you can use. Our top recommendation is MEXC, which supports a lot more than what Margex offers. It has low fees, a wide range of 1,520 cryptocurrencies, and has a fantastic welcome offer. You can read our review on MEXC, or sign up now to receive $25 USDT for FREE, plus 10% off all your fees.

Why can't I use Margex in the US?

The United States are very strict when it comes to cryptocurrency platforms, and exchanges need to follow the laws carefully to ensure they are not breaching and regulations. There are limits on the types of markets and cryptocurrencies that are permitted. Margex doesn't meet the US' requirements, so it cannot be accessed.

Alternatives to Margex in the US

There are a lot of cryptocurrency exchanges that you can use in the US, and you can read our article on the best ones here. Our top pick for a crypto trading platform that is similar to Margex is MEXC Global (read review). MEXC is a safe and legitimate exchange with a massive selection of 1,520+ coins to trade, and low fees. To trade spot markets, the fee is 0.2%, and for futures trading it is only 0.02% for makers and 0.06% for takers. 

MEXC has plenty of features and options to explore, like staking, margin tradingcopy trading, and more. If you want to sign up with MEXC, use our link here to receive FREE $25 USDT, and 10% off all your trading fees.

We have also included a comparison table below of the top cryptocurrency exchanges available in the US.

Comparison Table of the Best Crypto Exchanges in the USA

MEXC
eToro
Uphold
Coinmama
Crypto.com
Crypto Exchange
Crypto Exchange
MEXC
eToro
Uphold
Coinmama
Crypto.com
Fiat Currencies
Fiat Currencies
USD, TWD, AED, PHP, AUD, JPY, CAD, EUR & more
USD
USD, GBP, EUR, CHF, AUD, JPY & 21 more
USD, EUR, AUD, CAD, GBP, JPY
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY & 10+ more
Cryptocurrencies
Cryptocurrencies
MEXC, BTC, ETH, EOS, BCH, LTC & 1,520+ more
BTC, ETH, BCH, DASH, LTC, ETC & 75 more
BTC, ETH, ADA, DOGE, COMP, DOT & 125+ more
BTC, ETH, ETC, UNI, LINK, LTC, BCH, DOGE, MATIC, EOS, AAVE, COMP, OMG, YFI, WBTC
BTC, ETH, LTC, XRP, CRO, ADA, DOT, SOL, DOGE & 250+ more
Deposit Methods
Deposit Methods
Visa/Mastercard, Bank Cards, Bank Transfer, Apple Pay, Google Pay, Cryptocurrency
PayPal, Debit card, Wire transfer
Bank Transfer (ACH), Bank Transfer (SEPA), Debit/Credit Card, Wire Transfer, Faster Payments Service, SWIFT, Cryptocurrency
Credit card, Debit card, Fedwire, Apple Pay, Google Pay
Bank Transfer (ACH), BPAY, SEPA, Credit/Debit card, PayPal, TransferWise, Fedwire, SWIFT, Cryptocurrency
Trading Fees
Trading Fees
0% for spot, 0.0%/0.01% for futures
1%
Fees included in the spread
2.93% - 3.90% (depending on loyalty level)
Included in spread

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.

Marketplacefairness.org provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual's needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us. 

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