BingX: pros and limitations
Potential advantages
- A pioneer in crypto copy trading, with copy trading for both spot and futures
- Perpetual futures fees of 0.02% maker and 0.05% taker at VIP 0, falling with VIP level
- TradFi products such as stocks and commodities can be traded from the same account
Points to check
- As a crypto exchange it does not offer MT4, MT5 or forex pairs
- Spot fees of 0.10% maker and taker are higher than zero-fee exchanges
- Maximum leverage is tiered by pair, position size and KYC status (5x maximum without verification)
BingX: safety information
To judge whether an exchange is safe to use, check the operating entity and its registration, how client assets are held (for example proof of reserves), and the terms of use. The headline marketing claim is not enough.
- ENTITY AND REGISTRATION
- Confirm the operating entity and registration in the terms of use and legal pages. Some exchanges do not state a single entity on the public site.
- CLIENT ASSETS
- Review the exchange's published custody information and any proof of reserves (PoR).
- LIQUIDATION RULES
- Futures positions are force-closed when margin falls below the maintenance level. Check isolated and cross margin rules.
- INFORMATION REVIEWED
- 3 September 2026
This is an editorial review of published information. It does not guarantee safety, withdrawals or any trading outcome. Exchanges not registered with Japan's Financial Services Agency fall outside domestic investor-protection schemes. The entity, terms and official support shown at registration take priority.
Who BingX may and may not suit
May suit
- Users who want to copy other traders' crypto positions
- Traders who want leveraged crypto futures
- Users who want crypto, stocks and commodities in one account
May not suit
- Users who want to trade forex pairs on MT4 or MT5
- Anyone who prioritises the lowest spot trading fees
BingX trading products and fees
Spot, Perpetual futures, Standard futures, Copy trading are described in the exchange's published information. Fees change with VIP tier, token discounts, campaigns and region.
| Product | Fees | Notes | Minimum deposit | Max. leverage | Platforms |
|---|---|---|---|---|---|
| 現物取引 | メイカー0.10%／テイカー0.10% | VIPレベルで段階的に割引 | 一律記載None | —（現物） | アプリ・Web |
| 無期限先物 | メイカー0.02%／テイカー0.05% | VIPレベルで段階的に割引 | 一律記載None | 最大150倍* | アプリ・Web |
| 標準先物 | 決済時0.045% | ポジション決済時のみ徴収 | 一律記載None | 銘柄・段階により異なる* | アプリ・Web |
| コピー取引 | 現物・無期限先物と同じ手数料率 | トレーダーへの利益分配あり（条件は公式で確認） | 一律記載None | コピー元の設定に準ずる | アプリ・Web |
Figures are taken from the official fee page (3 September 2026) and may change. The fee shown on the trading screen takes priority. Source: official fee page.
BingX leverage and liquidation
The published maximum futures leverage is Futures up to 150x* (BTC; varies by pair). The maximum does not apply uniformly to every pair, position size or verification level.
Liquidation
Positions are force-closed when margin falls below the maintenance level. With isolated margin only the margin assigned to the position is at risk; with cross margin the whole futures balance is.
Individual limits
Pair, position size, KYC status and risk limits during volatile markets can lower the cap. The trading screen and current terms take priority.
Platforms and support
Platforms
BingX app and web trading
Check API access and usage conditions in the current terms.
Support
Japanese website and help centre available
Response time, channels and scope can vary. Use the official channel for account-specific issues.
BingX deposits and withdrawals
Before depositing
- Fees and confirmation times differ by method (crypto transfer, card, P2P).
- Futures trading requires a transfer from the spot wallet to the futures wallet.
- Use the same network at both ends and test with a small amount first.
Before withdrawing
- Withdrawal limits depend on the verification level.
- Check the destination address and network before submitting.
- Use official support for the status of an individual withdrawal.
How to open a BingX account
- 01
Open the registration page
Register with an email address or phone number and enter the verification code.
- 02
Complete identity verification (KYC)
Follow the in-app guidance. Deposit and withdrawal limits depend on the verification level.
- 03
Deposit
Transfer crypto, or buy with a card or via P2P, to fund the account.
- 04
Choose a product and trade
Trade spot, or transfer funds to the futures wallet and set leverage and margin mode before trading futures.
Compare BingX with other listed exchanges
| Exchange | Max. futures leverage | Spot fees | Starting point |
|---|---|---|---|
| BingX | Futures up to 150x* (BTC; varies by pair) | Spot maker 0.10% / taker 0.10% (VIP 0) | An option for users who want copy trading and leveraged crypto futures in one account, rather than forex pairs on MT4 or MT5. |
| MEXC | Futures up to 500x* (varies by pair) | Spot maker 0% / taker 0-0.05% | An option for users who want to trade crypto spot at low cost or crypto futures with leverage, rather than forex pairs on MT4 or MT5. |
BingX FAQ
Can I trade forex pairs on MT4 or MT5?
No. BingX is a crypto exchange, not a forex broker. It does not offer MT4, MT5 or currency pairs.
Can I deposit Japanese yen directly?
Check the deposit screen. Many overseas exchanges do not accept bank transfers in yen; transferring crypto from a domestic exchange, or buying with a card or via P2P, is the usual route.
Does this review guarantee a withdrawal or trading result?
No. It is an editorial summary of published information. Official terms and support take priority for any account-specific issue.
EDITORIAL CONCLUSION
Spot, perpetual futures and copy trading on one crypto exchange
An option for users who want copy trading and leveraged crypto futures in one account, rather than forex pairs on MT4 or MT5.
Review the operating entity, current fee schedule, liquidation rules, funding routes and any campaign conditions before opening an account.
Open a BingX account