Margex
Margex is a Seychelles-based cryptocurrency derivatives exchange founded in 2019, offering up to 100x leveraged perpetual-swap trading on 50+ assets alongside copy trading, staking, and fiat on-ramp services to 500,000+ registered retail traders across 153 countries.
- Company typePrivate
- Founded2019
- HeadquartersMahé, Seychelles
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Margex does
Margex is a cryptocurrency derivatives exchange founded in 2019 and operated by Margex Trading Solutions Ltd., a privately held Seychelles-incorporated entity. The platform offers leveraged perpetual-swap trading on more than 50 crypto assets with up to 100x leverage, plus ancillary services including copy trading (100+ pro traders, dedicated follower mobile app), crypto staking (5%-7% APY), price alerts across 50+ cryptocurrencies, and fiat on-ramp functionality through third-party partners Paybis and FinchPay. The platform serves 500,000+ registered users across 153 countries (excluding the US and select sanctioned jurisdictions), with 100,000+ daily trades and average order execution under 8 ms, supported by elastic infrastructure and aggregated liquidity from 12+ providers yielding $50M+ order book depth.
Margex monetizes primarily through transaction-based fees (maker 0.019% on LIMIT orders, taker 0.060% on MARKET orders) and funding fees on perpetual swaps, supplemented by staking yield spread and an aggressive 40% referral commission structure that pays affiliates daily in crypto. The go-to-market motion is product-led and community-led: self-serve onboarding in roughly 30 seconds without KYC, combined with a referral program, educational content, YouTube tutorials, and active presence on Twitter (X), Telegram, and CoinMarketCap. Distribution includes the web terminal, dedicated iOS and Android trading apps, and a separate copy-trading follower app.
The platform's core technical differentiator is the proprietary MP Shield system, an ML-based real-time monitoring layer over price feeds and trading activity designed to detect manipulation patterns and prevent unfair liquidations. The platform has expanded collateral options in 2026 to include tokenized gold (Tether Gold XAUt, Paxos Gold PAXg) and privacy-focused assets (Monero), alongside a strategic $3M SUI Network ecosystem incentive campaign. With a distributed team of 50+ people operating primarily remotely across 7 countries and no disclosed outside funding or institutional ownership, Margex is run as a founder-controlled, bootstrap operation focused on retail and semi-pro traders in jurisdictions outside the primary US regulatory perimeter.
Margex firmographics
Firmographics- Name
- Margex
- Legal name
- Margex Trading Solutions Ltd.
- Website
- https://margex.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Margex is a Seychelles-based cryptocurrency derivatives exchange founded in 2019, offering up to 100x leveraged perpetual-swap trading on 50+ assets alongside copy trading, staking, and fiat on-ramp services to 500,000+ registered retail traders across 153 countries.
- Ownership category
- akta.pro rank
Margex industry classification
Industry- Product category
- Cryptocurrency Derivatives Exchange
- NAICS
- Securities and Commodity Exchanges (52321), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Crypto Derivatives Exchanges (Futures, Options & Perpetuals) (FSADAAAD)
- akta.pro secondary industries
- Spot Crypto Exchanges (Order-Book & Matching Engine) (FSADAAAA), Copy Trading, Social Trading & Automated Trading Platforms (FSADAAAK), Margin Trading & Collateralized Borrowing (Exchange-Operated) (FSADAAAL)
Keywords
Where Margex is headquartered
LocationHeadquarters
- HQ city
- Mahé
- HQ country
- Seychelles
Markets served
Margex business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations
Revenue model
- Trading Fees: Maker fees of 0.019% for LIMIT orders and taker fees of 0.060% for MARKET orders. Revenue generated from the spread between bid and ask prices on trades.
- Funding Fees: Funding fees calculated based on interest rates and premiums determined by volatility, longs vs shorts ratio, and spread. When price is above mark price, long positions pay shorts; when below, short positions pay longs.
- Referral Program: 40% fixed commission on trading commissions paid by referred users. Daily payments made to affiliates in cryptocurrency.
- Promotional Bonuses: Bonus funds distributed to users (e.g., $50 sign-up bonus, first deposit bonuses up to 50% of trading fees) which can drive user activation and trading volume
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard Trading Fees |
| Usage-based | Monthly | Staking Rewards |
| Transaction based/ take rate | Monthly | Referral Commission |
| Other | Pay-as-you-go | Sign-Up Bonuses |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Margex product offering
Product offeringCore offering
Margex operates a cryptocurrency derivatives trading platform offering leveraged perpetual swaps on 55+ crypto assets with up to 100x leverage. The platform combines low-fee trading (0.019% maker / 0.060% taker), copy trading of professional traders, crypto staking, and fiat on-ramp functionality, all protected by an AI-based MP Shield anti-manipulation system. Users can register in 30 seconds without mandatory KYC verification.
Product overview
Margex is a cryptocurrency derivatives exchange launched in 2019, offering a unified platform combining leveraged trading (up to 100x) with supplementary services. The core product is the trading platform, complemented by Copy Trading (replicating professional traders), Crypto Staking (earning up to 7% APY), Price Alerts, a Referral Program (40% commission), Buy Crypto (fiat on-ramp), and Mobile Apps. The platform recently expanded with Gold Collateral Trading (Tether Gold, Paxos Gold) and a Rewards Hub, all protected by the MP Shield AI security system.
Differentiator
Problem solved
Functional benefit
Brands
- MP Shield: AI-based price manipulation and fraud prevention system protecting users from unfair liquidations
- Copy Trading App
- Rewards Hub
- Margex App
Products and services
- Margex Trading Platform Core cryptocurrency derivatives exchange offering leveraged perpetual swap trading on 55+ crypto assets with up to 100x leverage, low maker/taker fees (0.019%/0.060%), and aggregated liquidity from 12+ providers.
- Copy Trading One-click copy trading feature allowing users to automatically replicate positions of 100+ professional traders in real time, with a dedicated mobile app for portfolio monitoring.
- Crypto Staking
Quantifiable outcome
- Average order execution time under 8ms
- +5 more outcomes
Companies that use Margex
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles5 records
Margex technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability2 records
Feature6 records
Margex partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered flagship and core.
- SUI Networkflagship$3,000,000 SUI ecosystem liquidity incentive campaign through June 3, 2026, marking the third anniversary of the SUI network mainnet. Margex integrates tokenized gold collateral (Tether Gold and Paxos Gold) and privacy assets (Monero) alongside the SUI incentive.
- PaybiscoreStrategic partnership enabling users to purchase over 50 cryptocurrencies using bank cards and 40+ fiat currencies globally. Provides fiat on-ramp functionality integrated into the Margex platform.
- FinchPaycoreStrategic partnership providing additional fiat on-ramp options with access to 40+ fiat currencies globally for purchasing cryptocurrency on Margex.
- Tether GoldcoreTokenized gold (XAUt) integrated as collateral option for trading on Margex, providing portfolio resilience tools amid global market volatility.
- Paxos GoldcoreTokenized gold (PAXg) integrated as collateral option for trading on Margex, providing alternative collateral for portfolio diversification.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
Margex competitors and assessment
Company assessmentEmerging players
- Hyperliquid: Hyperliquid is a fast-growing decentralized perpetuals exchange targeting pro traders with deep on-chain liquidity. It competes with Margex for the same high-leverage, pro derivatives segment but through a DEX model rather than CEX.
Direct peers
- KuCoin: KuCoin is a global CEX offering perpetual futures, margin trading, copy trading, and staking across a wide token set. It overlaps materially with Margex's full product set and serves similar retail-trader demographics.
- BingX: BingX is a crypto exchange known for its social/copy trading product and perpetual futures. It competes head-to-head with Margex for the same copy-trading-leaning retail derivatives audience.
- Phemex: Phemex is a crypto derivatives and spot exchange targeting both beginners and professional traders. It directly competes with Margex on perpetuals, leverage, and copy trading UX positioning.
- Bitget: Bitget is a leading crypto derivatives and copy trading exchange, directly competing with Margex's core offering. It pioneered large-scale copy trading at scale and shares Margex's focus on derivatives plus one-click follower products.
- OKX: OKX is a major global centralized crypto exchange with deep perpetual derivatives, copy trading, and staking offerings. It targets the same pro and retail derivatives traders as Margex with a more complete product suite.
- Bybit: Bybit is one of the largest crypto derivatives exchanges globally, offering perpetual futures and margin trading. It directly competes with Margex for leveraged retail traders, though at vastly larger scale and broader geographic reach.
- BTSE: BTSE is a centralized crypto derivatives and liquidity platform offering perpetual futures and white-label exchange services. It competes with Margex in the mid-sized derivatives CEX segment with similar product breadth.
- BitMEX: BitMEX is a pioneer crypto derivatives exchange offering perpetual swaps with high leverage. It is one of the closest direct comparables to Margex in product (perps-focused CEX) and target trader profile.
- MEXC: MEXC is a centralized crypto exchange focusing on derivatives and an extensive altcoin selection. It competes with Margex for leveraged traders seeking broad asset coverage with low fee friction.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Margex social profiles
Digital presenceMargex financial estimates
Financial estimateRevenue estimate
Valuation estimate
Margex leadership team
Management profileNumber of profiles
Profiles1 record
Margex funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Margex M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Margex
What does Margex do?
Margex operates a cryptocurrency derivatives trading platform offering leveraged perpetual swaps on 55+ crypto assets with up to 100x leverage. The platform combines low-fee trading (0.019% maker / 0.060% taker), copy trading of professional traders, crypto staking, and fiat on-ramp functionality, all protected by an AI-based MP Shield anti-manipulation system. Users can register in 30 seconds without mandatory KYC verification.
Is Margex a public or private company?
Margex is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Margex founded?
Margex was founded in 2019. It employs 11 to 50 people.
Where is Margex based?
Margex is headquartered in Mahé, Seychelles.
How does Margex make money?
Four revenue lines are on record. Trading Fees are the primary driver. The others are funding Fees, referral Program and promotional Bonuses.
Who are Margex's main competitors?
Hyperliquid is listed as an emerging player. Direct peers are KuCoin, BingX, Phemex, Bitget, OKX, Bybit, BTSE, BitMEX and MEXC.
Does Margex have an API?
No public API is recorded for Margex.
What industry is Margex in?
Margex's product category is Cryptocurrency Derivatives Exchange. Its primary akta.pro industry code is FSADAAAD, Crypto Derivatives Exchanges (Futures, Options & Perpetuals), with a secondary code of FSADAAAA, Spot Crypto Exchanges (Order-Book & Matching Engine). Its NAICS code is 52321 and its SIC code is 6200.