✔️ Information reviewed and updated in May 2024 by Pedro Martínez González

Is MEXC company safe or unreliable? We will give you our detailed opinion in this section. Be sure to check out our full review for all the details!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about MEXC and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitemexc.com
🏠Company *​Not mentioned
RegulatoryIt is not regulated
📧 EmailDoes not have
📈PlatformOwn platform
📌Address​It does not mention its location
🕑 Website ageWebsite registered on: 2000-02-27
Company typeCryptocurrency broker

Company:
🚨 Lack of clarity about the company that owns MEXC raises concerns about its transparency.

Location:
🚨MEXC does not reveal its location, which is a cause for concern.

We can already tell you that we are concerned about several characteristics of this company.

What is MEXC?

After a thorough evaluation of the company's website, we concluded that MEXC operates as a cryptocurrency broker.

Account types

The company does not provide information about having different types of accounts.

Information on the web

MEXC website

Here we show you a screenshot of the MEXC website, which is mexc.com. The capture was made in May '2024.

Contact: phone numbers and email

No contact details are available for this company; No email or phone number. What do means this? The absence of contact information is a worrying sign. What would happen if a problem arose or you needed to make a query? The lack of adequate means of communication generates uncertainty and mistrust.

MEXC Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

La lack of information about regulation of this broker is a cause for concern. Investors should be aware that trading with an unregulated broker carries significant risks. Without the protection provided by regulation, client funds may be at risk. It is essential to do thorough research before trusting a company with investment.

🚫 MEXC Final Valuation 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of MEXC and we have reached the following conclusions about this company:

Location: It is not mentioned where it is located.

Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.

Please remember that the company has been denounced by different financial regulators (in this case the FCA). Use EXTREME CAUTION.

The company also does not mention any means of contact; If you need to contact them for an emergency, how will you do it? Please be careful.

This company does not mention which company it is part of, please be careful, there is a clear lack of seriousness and transparency.

After a thorough analysis of the MEXC website, it has been determined that it operates as a cryptocurrency broker. However, the lack of contact information, such as email or phone number, is a worrying sign. This absence of adequate means of communication generates uncertainty and mistrust among users, who could face difficulties in solving problems or asking questions.

The lack of transparency regarding the company that owns MEXC also raises serious concerns about its credibility. The lack of clarity in this regard leaves questions about the structure and responsibility of the company, which contributes to the feeling of insecurity among investors.

It is important to highlight that MEXC has been the subject of complaints by financial regulators, such as BCSC, FMA, CNMV and BaFin, which underscores the need to exercise extreme caution when considering any type of business relationship with this company. Given these concerns, investors are advised to be cautious and consider looking for more transparent and reliable alternatives in the cryptocurrency market.

🚨🚨 In summary, our evaluation indicates that this company does not meet the required seriousness and safety standards. We recommend that you be cautious when considering any type of financial transaction with her. 🚨🚨

Updates

➡️ News about MEXC:

Date Update – news
August 2023Complaint against MEXC financial regulator BCSC
October 2023Complaint against MEXC financial regulator FMA
October 2023Complaint against MEXC BaFin financial regulator
May 2024Complaint against MEXC financial regulator CNMV, National Securities Market Commission

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”8921 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with MEXC.

At the end of the review you will find customer comments.


How to Claim Money scammed by MEXC

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report MEXC

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to MEXC?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report MEXC?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is MEXC trustworthy?

No. MEXC is not reliable, it is a very unsafe company: Does not mention real data such as its location or regulation, in addition to having multiple complaints from various regulators

How to recover money from MEXC?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

6 comments on «MEXC: opinion and comments – Is it a scam?»

  1. Horacio Dapczuk Reply

    Hello.. mexc are scammers... I transferred USDT from binance to mexc and their BSC network when I copied it and made the transfer it never reached my mexc account... I claimed it immediately... they had me hours giving all the receipts they asked for and they never realized that the error was their page... with the other networks their number was copied correctly... but BSC kept copying another account... After 7 days of complaints and no one giving me a solution... when I checked the BSC Network again, I now copied the correct one.
    .. they had fixed it... but they never returned the 10 usdt that I deposited... It's little but it costs... (I'm from Argentina) it was a test because it was the first time I was going to use mexc... Thank goodness because if there were If I put more I would have lost everything. I will never use it and be careful, they are scammers…. The fault is never theirs. Look for a serious and reliable exchange.
    ### Happy 2024 ###

    • Recommended-brokers.com Reply

      Hello Horacio, thank you for commenting on MEXC. This broker is a SCAM. FINMA (Swiss Financial Regulator) has already warned about them, for fraud and not being regulated (See FSMA link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY

      Greetings.

    • Recommended-brokers.com Reply

      Hello Luca, thanks for commenting on MEXC. This broker is a SCAM. FINMA (Swiss Financial Regulator) has already warned about them, for fraud and not being regulated (See FSMA link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY

      Greetings.

  2. Ian Reply

    This company does not pay. I'm telling you from my own experience, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Ian, thanks for writing about MEXC. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

Leave your comment

Your email address will not be published. Required fields are marked with *