MEXC CEO Vugar Usi has publicly questioned the rationale for offering 500x leverage to retail traders, even as his exchange advertises up to 1,000x on precious metals perpetuals and 200x on select stock futures. Speaking with Finance Magnates, Usi acknowledged the crypto industry lacks common retail leverage standards, noting MEXC set a conservative 5x cap when launching U.S. stock futures in August 2025, matching European CFD limits. However, that ceiling has since shifted dramatically. A July 30 notice listed 200x maximum leverage for futures tied to Sandisk, Micron, and SpaceX.

The widening product suite creates regulatory complexity. MEXC now offers three equity routes: leveraged futures, tokenized securities without legal ownership, and actual U.S. shares through third-party brokers. All sit inside the same crypto account interface but carry different liquidation rules and protections. European regulator ESMA warned in February that perpetual futures meeting CFD definitions likely fall under product-intervention measures, including mandatory leverage caps and negative balance protection.

FXnCO Insight

Traders using MEXC’s high-leverage equity derivatives should verify which jurisdiction governs their account and whether ESMA-style investor protections apply before sizing positions.

Source: Finance Magnates