MEXC 0808: Understand the True Value of Zero Fees Through a Cost Breakdown and Comparative Analysis of a US Stock Trading
1. MEXC's 0 commission: long-term strategy rather than short-term promotion
2. The "0 commission" of traditional US stock brokers is not 0 cost
- Deposit threshold: International users need to deposit money through bank telegraphic transfer. The cost of a single telegraphic transfer is usually 25 dollars-50 dollars, and the arrival time is 2-5 working days
- Currency exchange: Non-US dollar users need to exchange their local currency for US dollars, and the bank exchange rate is usually between 0.5% and 1.5%
- Account maintenance: Some brokers charge monthly or inactivity fees for low balance accounts
- Regulatory fees: SEC fees are approximately 20.6 dollars per million dollars traded (sell orders only), and TAF fees are 0.000195 dollars per share
3. Comparison of MEXC standard rates with rates during 0808
- MEXC standard rate (0.04% eat order): the total amount of buying and selling is about 8 dollars
4. The true cost of MEXC 0808: a clear account
Cost items | Traditional securities firms (international users) | MEXC (standard rate) | MEXC 0808 |
Platform transaction fees | 0 dollars (surface) | ~$8 | $0 |
Deposit/telegraphic transfer fee | $25-$50 | $0 | $0 |
Currency exchange loss | $50-$150 | $0 | $0 |
Regulatory pass-through costs | ~$0.2 | May contain | May contain |
Total | ~$75-$200 | ~$8 | $0 |
Cumulative cost savings during the 5.0808 period
Scene | 10 transactions ($10,000 each) | 50 transactions ($10,000 each) |
Traditional securities firms (international users) | ~$750-$2,000 | ~$3,750-$10,000 |
MEXC standard rate | ~$80 | ~$400 |
MEXC 0808 | $0 | $0 |
Savings compared to traditional securities firms | ~$750-$2,000 | ~$3,750-$10,000 |
6.0808 Double Income
- $500,000 Total Prize Pool: Complete the "Opportunity Map" 8 major tasks , and get 1 raffle ticket for each completed item. You can get up to 8 tickets if you complete all of them.
- Rewards include: up to $3,888 Dream Fund, $888/$188 Travel Fund, up to $880 Stock Contract Airdrop Warehouse, and up to 888% Interest Rate Coupon.
The articles shared on this page are sourced from public platforms and are provided for reference only. They do not represent the position or views of MEXC. All rights belong to MEXC. If you believe any content infringes upon the rights of a third party, please contact service@support.mexc.com for prompt removal. MEXC does not guarantee the accuracy, completeness, or timeliness of any content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be interpreted as a recommendation or endorsement by MEXC. For expert insights and in-depth analysis, visit MEXC Learn.
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