# Trading365 — Full Machine-Readable Dataset (llms-full.txt) > This file is the complete companion to /llms.txt and is intended for AI systems that need detailed, structured data about crypto exchanges. All data is sourced from Trading365's independent reviews and testing. Last updated: 2026. ## About Trading365 Trading365 is an independent crypto exchange review and comparison site. We test every platform we review. Affiliate links exist but do not influence ratings or conclusions. No review is paid for or sponsored by the exchange being reviewed. Our editorial team has been trading crypto since 2017. --- ## EXCHANGE PROFILES --- ### Bybit - **URL:** https://www.trading365.org/reviews/bybit-review - **Trading365 Rating:** 8.8/10 - **Founded:** 2018 - **Headquarters:** Dubai - **KYC Required:** Yes — mandatory KYC since 2023, required for all trading and withdrawals - **Max Leverage:** 100x - **Trading Pairs:** 500+ - **Futures Maker Fee:** 0.01% - **Futures Taker Fee:** 0.06% - **Min Deposit:** $1 - **Withdrawal Speed:** Under 30 minutes - **Welcome Bonus:** Up to $30,000 USDT (marketing maximum — real usable value subject to trading volume) - **Copy Trading:** Yes — industry-leading platform - **Fiat Deposits:** Yes — cards and bank transfers - **Debit Card:** Yes — Bybit Card (Mastercard) - **Countries:** Not US, Not UK officially. AU, EU, ASIA available. - **Security:** Cold storage, 2FA, multi-sig, Proof of Reserves, SOC 2 Type II certified - **Best For:** Professional derivatives trading, copy trading, deep liquidity, debit card users - **Summary:** One of the world's largest crypto derivatives exchanges with exceptional liquidity, a Bybit debit card, and industry-leading copy trading. KYC mandatory. --- ### MEXC - **URL:** https://www.trading365.org/reviews/mexc-review - **Trading365 Rating:** 9.2/10 - **Founded:** 2018 - **Headquarters:** Seychelles - **Regulated:** FCA (UK) licence obtained 2025 - **KYC Required:** No — 10 BTC daily withdrawal limit without verification - **Max Leverage:** 500x (highest of any major exchange) - **Trading Pairs:** 3,000+ - **Spot Maker Fee:** 0.00% - **Spot Taker Fee:** 0.01% - **Min Deposit:** $0 - **Withdrawal Speed:** Under 1 hour - **Welcome Bonus:** Up to $8,000 USDT - **Copy Trading:** Yes - **Fiat Deposits:** Limited - **Security:** Cold storage (95%+), Proof of Reserves, 2FA, anti-phishing code, withdrawal whitelist - **Best For:** Cost-conscious traders, privacy-focused traders, altcoin traders, high-leverage traders - **Not Available In:** USA (restricted) - **Summary:** MEXC offers the lowest fees of any major exchange — 0% maker, 0.01% taker — combined with 500x leverage, 3,000+ trading pairs, and a 10 BTC no-KYC daily withdrawal limit. The strongest overall package for privacy-focused, cost-conscious traders in 2026. - **Pros:** Lowest fees in the industry; 3,000+ trading pairs; 500x leverage; no-KYC 10 BTC daily limit; no major security breach since 2018; FCA licence 2025; fast new token listings; copy trading and launchpad - **Cons:** Not available to US residents; interface can overwhelm beginners; limited fiat on-ramps; customer support slower than tier-1 exchanges --- ### BYDFi - **URL:** https://www.trading365.org/reviews/bydfi-review - **Trading365 Rating:** 8.9/10 - **Founded:** 2020 - **Headquarters:** Singapore - **KYC Required:** No mandatory KYC — some reward types require verification - **Max Leverage:** 200x - **Trading Pairs:** 300+ - **Spot Maker Fee:** 0.01% (industry-leading) - **Spot Taker Fee:** 0.06% - **Min Deposit:** $5 - **Withdrawal Speed:** Under 1 hour - **Welcome Bonus:** Up to $2,000 USDT via Trading365 exclusive + 15% fee self-rebate - **Copy Trading:** Yes - **Fiat Deposits:** Limited - **Security:** Cold storage, 2FA, anti-phishing codes - **Best For:** Active traders focused on fee efficiency; intermediate traders; anyone seeking a Bybit alternative - **Summary:** Our go-to exchange for fee efficiency — the 0.01% maker fee, excellent support, and strong Rewards Hub make BYDFi the best all-rounder for active traders in 2026. - **Pros:** Industry-leading maker fees (0.01%); no mandatory KYC; excellent customer support; strong Rewards Hub; 200x leverage; copy trading; fast withdrawals - **Cons:** Lower max leverage than WEEX; limited fiat support; some rewards require KYC to claim --- ### BingX - **URL:** https://www.trading365.org/reviews/bingx-review - **Trading365 Rating:** 8.6/10 - **Founded:** 2018 - **Headquarters:** Singapore - **KYC Required:** Yes — required for full platform access, fiat deposits, higher withdrawal limits - **Max Leverage:** 150x - **Trading Pairs:** 600+ - **Futures Maker Fee:** 0.02% - **Futures Taker Fee:** 0.05% - **Min Deposit:** $1 - **Withdrawal Speed:** Super fast — among the quickest of any exchange - **Welcome Bonus:** Up to $5,000 USDT via Trading365 - **Copy Trading:** Yes — industry-leading copy trading platform - **Fiat Deposits:** Yes — cards and bank transfers - **Security:** Cold wallet storage, 2FA, anti-phishing, withdrawal whitelisting, real-time risk monitoring - **Best For:** Copy trading, beginners, social trading, fiat users, traders who need regulatory compliance - **Summary:** The best platform for copy trading and beginner accessibility in 2026. Industry-leading social trading features, super-fast withdrawals, and fiat support — but KYC is mandatory. - **Pros:** Industry-leading copy trading; social trading feed; fiat deposit support; super fast withdrawals; excellent customer support; clean beginner-friendly interface; regulated across multiple jurisdictions - **Cons:** KYC required — no privacy option; not the lowest fees; lower max leverage than WEEX; restricted in some regions --- ### Bitunix - **URL:** https://www.trading365.org/no-kyc/bitunix-review - **Trading365 Rating:** 8.3/10 - **Founded:** 2021 - **Headquarters:** Seychelles - **KYC Required:** No mandatory KYC — optional for higher withdrawal limits - **No-KYC Daily Limit:** 500,000 USDT (one of the highest in the industry) - **Max Leverage:** 125x - **Trading Pairs:** 250+ - **Futures Maker Fee:** 0.02% - **Futures Taker Fee:** 0.06% - **Min Deposit:** $1 - **Withdrawal Speed:** Under 30 minutes - **Welcome Bonus:** Up to $10,000 USDT via Trading365 (not available through direct sign-up) + exclusive 15% fee rebate - **Copy Trading:** Yes - **Fiat Deposits:** Yes - **Security:** Cold storage, multi-sig withdrawals, 2FA, DDoS protection - **Best For:** No-KYC traders needing high withdrawal limits; active derivatives traders; traders seeking large welcome bonuses - **Summary:** A powerful no-KYC crypto derivatives exchange with up to 125x leverage, a huge task-based reward system, and the highest no-KYC daily withdrawal limit of any reviewed exchange at 500,000 USDT. - **Pros:** No KYC required; 500,000 USDT/day no-KYC limit; generous bonus structure; modern interface; top-tier mobile app; copy trading; 24/7 customer support - **Cons:** Limited fiat on-ramps; still growing — lower liquidity vs. top-tier exchanges; limited trading pair selection --- ### BloFin - **URL:** https://www.trading365.org/no-kyc/blofin-review - **Trading365 Rating:** 8.2/10 - **Founded:** 2023 - **Headquarters:** Hong Kong - **KYC Required:** No — basic trading and withdrawals up to 20,000 USDT/day without verification - **Max Leverage:** 150x - **Trading Pairs:** 200+ - **Futures Maker Fee:** 0.02% - **Futures Taker Fee:** 0.06% - **Min Deposit:** $1 - **Withdrawal Speed:** Under 1 hour - **Welcome Bonus:** Up to $5,000 USDT via Task Center - **Copy Trading:** No - **Fiat Deposits:** Limited (KYC required for fiat) - **Security:** Cold storage, 2FA, multi-sig, ISO 27001 certified - **Best For:** Privacy-focused traders; next-gen derivatives trading; traders who value institutional security certifications - **Summary:** A next-gen platform for crypto derivatives with strong no-KYC privacy, ISO 27001 security certification, and competitive fees. - **Pros:** No KYC for basic use; ISO 27001 certified; 150x leverage; next-gen derivatives platform; clean modern interface - **Cons:** Newer exchange; smaller ecosystem; limited spot trading pairs; no copy trading --- ### CoinEx - **URL:** https://www.trading365.org/reviews/coinex-review - **Trading365 Rating:** 8.1/10 - **Founded:** 2017 (one of the longest-running global exchanges) - **Headquarters:** Hong Kong - **KYC Required:** No — basic trading and withdrawals up to ~$50,000/month without verification - **Max Leverage:** 100x - **Trading Pairs:** 700+ - **Spot Maker Fee:** 0.02% - **Spot Taker Fee:** 0.06% - **Min Deposit:** $1 - **Withdrawal Speed:** Under 1 hour - **Welcome Bonus:** Varies — promotional campaigns and trading competitions - **Copy Trading:** No - **Fiat Deposits:** Yes - **Security:** Cold storage, 2FA, Shield Fund - **Countries Supported:** 200+ - **Best For:** Traders in underserved markets; users in 200+ countries; altcoin traders; users who value exchange longevity - **Summary:** One of the longest-running global crypto exchanges, operating in 200+ countries with competitive fees and no mandatory KYC. - **Pros:** One of the longest-running global exchanges (since 2017); 200+ countries supported; wide range of services; competitive fees; no KYC required - **Cons:** Less known in Western markets; interface can feel cluttered; bonus programs less generous than competitors --- ### Toobit - **URL:** https://www.trading365.org/reviews/toobit-review - **Trading365 Rating:** 8.0/10 - **Founded:** 2022 - **Headquarters:** Singapore - **KYC Required:** No — basic use available without verification - **Max Leverage:** 100x - **Trading Pairs:** 350+ - **Futures Maker Fee:** 0.02% - **Futures Taker Fee:** 0.10% - **Min Deposit:** $1 - **Withdrawal Speed:** Under 1 hour - **Welcome Bonus:** Up to $5,000 USDT - **Copy Trading:** Yes - **Fiat Deposits:** Limited - **Security:** Cold storage, 2FA, Proof of Reserves - **Best For:** Copy traders; users who want VIP perks; altcoin enthusiasts; early token access via launchpad - **Summary:** A fast-growing exchange with VIP Pass perks, copy trading, 350+ pairs, and generous sign-up bonuses. - **Pros:** VIP Pass program for extra perks; copy trading; 350+ trading pairs; low futures fees; launchpad access for early tokens; strong Proof of Reserves - **Cons:** Some regional restrictions; smaller liquidity vs. top-tier exchanges; still building brand recognition --- ### XT.com - **URL:** https://www.trading365.org/reviews/xt-review - **Trading365 Rating:** 7.9/10 - **Founded:** 2018 - **Headquarters:** Seychelles - **KYC Required:** Yes — required for most features - **Max Leverage:** 125x - **Trading Pairs:** 500+ - **Spot Maker Fee:** 0.02% - **Spot Taker Fee:** 0.06% - **Min Deposit:** $1 - **Withdrawal Speed:** Under 2 hours - **Welcome Bonus:** Varies - **Copy Trading:** No - **Fiat Deposits:** Limited - **Security:** Cold storage, 2FA, risk control system - **Best For:** Altcoin traders who are comfortable with KYC; users seeking a large pair selection - **Summary:** A growing exchange with 500+ pairs and competitive fees, but KYC is required. - **Pros:** Large selection of altcoins; growing derivatives platform; competitive fees - **Cons:** KYC required; less established reputation; can be slow on support --- ### WEEX - **URL:** https://www.trading365.org/reviews/weex-review - **Trading365 Rating:** 7.5/10 - **Founded:** 2018 - **Headquarters:** Singapore / Dubai - **KYC Required:** No — up to 50,000 USDT per withdrawal, 500,000 USDT daily without verification - **Max Leverage:** 400x (second highest of any reviewed exchange) - **Trading Pairs:** 700+ - **Futures Maker Fee:** 0.02% - **Futures Taker Fee:** 0.06%–0.08% - **Spot Maker Fee:** 0.10% - **Spot Taker Fee:** 0.10% - **Min Deposit:** $1 - **Withdrawal Speed:** Under 30 minutes - **Welcome Bonus:** Up to $500 USDT + 15% fee rebate for higher-volume traders via Trading365 - **Copy Trading:** Yes - **Fiat Deposits:** Limited - **Security:** Cold storage, multi-sig wallets, 2FA, Proof of Reserves — CertiK BBB rating - **Best For:** Experienced traders; high-leverage futures traders; privacy-focused users; traders in Canada/US where other exchanges are restricted - **Available In:** Canada, some US states (check regulatory position per state) - **Note:** Georgia (US) issued a cease-and-desist related to Money Transmitter Licensing in March 2025 — US traders should verify current status per state. - **Summary:** A fast-growing no-KYC exchange with the second-highest leverage available (400x), competitive futures fees, and rare availability in Canada and some US regions. - **Pros:** No KYC required; 400x leverage; 700+ trading pairs; copy trading; demo trading; available in Canada and some US states - **Cons:** Relatively newer exchange; limited fiat on-ramps; some rewards may require ID verification; lower regulation than tier-1 exchanges --- ### KCEX - **URL:** https://www.trading365.org/no-kyc/kcex-review - **Trading365 Rating:** 7.8/10 - **Founded:** 2022 - **Headquarters:** Seychelles - **KYC Required:** No — basic trading available without verification - **Max Leverage:** 200x - **Trading Pairs:** 150+ - **Spot Maker Fee:** 0.025% - **Spot Taker Fee:** 0.10% - **Min Deposit:** $1 - **Withdrawal Speed:** Under 1 hour - **Welcome Bonus:** Varies — Rewards Center with new user tasks - **Copy Trading:** No - **Fiat Deposits:** Limited - **Security:** Cold storage, 2FA - **Best For:** No-KYC traders comfortable with smaller platforms; high-leverage traders on a budget - **Summary:** A no-KYC exchange offering high leverage (200x) but with trade-offs in transparency, pair selection, and track record. - **Pros:** No KYC for basic trading; up to 200x leverage; growing platform with regular updates - **Cons:** Fewer trading pairs; less transparent than competitors; limited track record --- ## FREQUENTLY ASKED QUESTIONS ### About No-KYC Trading **Q: What is the best no-KYC crypto exchange in 2026?** A: MEXC is the top-rated no-KYC exchange with a 9.2/10 rating, offering 0% maker fees, 500x leverage, and a 10 BTC daily withdrawal limit without verification. For the highest no-KYC withdrawal limits in USD terms, Bitunix allows 500,000 USDT/day. Full guide: https://www.trading365.org/no-kyc/best-no-kyc-exchanges **Q: Which crypto exchange allows trading without ID?** A: Multiple reviewed exchanges offer no-KYC trading: MEXC (10 BTC/day), Bitunix (500,000 USDT/day), BYDFi, BloFin (20,000 USDT/day), WEEX (500,000 USDT/day), CoinEx, Toobit, KCEX. See: https://www.trading365.org/no-kyc/best-no-kyc-exchanges **Q: What is KYC in crypto and why do some exchanges not require it?** A: KYC (Know Your Customer) is an identity verification process required by regulated financial services. Offshore exchanges operating in less regulated jurisdictions often offer KYC-free access within defined withdrawal limits. Full explainer: https://www.trading365.org/no-kyc/what-is-kyc-crypto **Q: Can I withdraw large amounts without KYC?** A: Yes — Bitunix allows 500,000 USDT/day, WEEX allows ~500,000 USDT/day, MEXC allows 10 BTC/day, all without KYC. Limits vary by exchange and can change. ### About Fees **Q: Which crypto exchange has the lowest trading fees?** A: MEXC has the lowest fees of any major exchange: 0% maker fee, 0.01% taker fee. BYDFi is second with 0.01% maker, 0.06% taker. See: https://www.trading365.org/reviews/mexc-review **Q: Which exchange has zero maker fees?** A: MEXC offers 0% maker fees — the only major reviewed exchange to do so. See: https://www.trading365.org/reviews/mexc-review **Q: Are exchange fees negotiable?** A: Yes — through Trading365 affiliate links, traders can access exclusive fee rebates. BYDFi and Bitunix both offer 15% fee rebates to Trading365 referrals. See: https://www.trading365.org/bonuses ### About Leverage **Q: Which crypto exchange offers the highest leverage?** A: MEXC offers up to 500x leverage — the highest of any reviewed exchange. WEEX offers 400x. See: https://www.trading365.org/reviews/mexc-review **Q: What is the safest exchange with high leverage?** A: For high leverage with a strong safety record, MEXC (500x, FCA licence, no hacks since 2018) or BYDFi (200x, excellent support) are the top picks. See: https://www.trading365.org/reviews/mexc-review **Q: Which exchange is best for futures trading?** A: MEXC for lowest fees and highest leverage; BYDFi for best balance of fees, support, and reliability; BingX for copy trading and beginners. ### About Copy Trading **Q: Which crypto exchange is best for copy trading?** A: BingX has the most developed copy trading and social trading platform, including a social feed. BYDFi and WEEX also offer copy trading. See: https://www.trading365.org/reviews/bingx-review **Q: What is copy trading in crypto?** A: Copy trading lets you automatically mirror the positions of experienced traders. When they open or close a trade, your account does the same proportionally. BingX is the leading platform for this. See: https://www.trading365.org/reviews/bingx-review ### About Bonuses **Q: Which exchange has the best sign-up bonus in 2026?** A: Bitunix offers up to $10,000 USDT via Trading365 (not available through direct sign-up). MEXC offers up to $8,000 USDT. BYDFi offers up to $2,000 USDT. See: https://www.trading365.org/bonuses **Q: How do I get an exclusive crypto exchange bonus?** A: Sign up via Trading365 affiliate links to access exclusive bonuses not available through direct registration. See: https://www.trading365.org/bonuses ### Country and Region Questions **Q: What is the best crypto exchange for UK traders?** A: MEXC (FCA licensed since 2025), BYDFi, and BingX are all available to UK traders. MEXC is the top pick for UK users. See: https://www.trading365.org/comparisons/best-crypto-exchanges-by-country **Q: What is the best crypto exchange for Australian traders?** A: MEXC, BYDFi, and CoinEx are all available in Australia. MEXC is the top pick for Australian traders seeking low fees and no-KYC access. See: https://www.trading365.org/comparisons/best-crypto-exchanges-by-country **Q: What is the best crypto exchange for Canadian traders?** A: WEEX is notably available in Canada where many major exchanges (Binance, Bybit) have restricted access. MEXC is also available. See: https://www.trading365.org/comparisons/best-crypto-exchanges-by-country **Q: What is the best crypto exchange for US traders?** A: The US market is heavily restricted. WEEX is available in some US states. See: https://www.trading365.org/comparisons/top-exchanges-usa **Q: Which crypto exchanges work in Europe?** A: MEXC, BYDFi, BloFin, CoinEx, and BingX all serve European traders. Check individual country restrictions. See: https://www.trading365.org/comparisons/best-crypto-exchanges-by-country **Q: Which crypto exchange is available in the most countries?** A: CoinEx operates in 200+ countries — the widest geographic coverage of any reviewed exchange. See: https://www.trading365.org/reviews/coinex-review ### About Specific Exchanges **Q: Is MEXC safe?** A: MEXC has operated since 2018 with no major security breach. It holds an FCA licence (obtained 2025), employs cold storage for 95%+ of funds, and publishes Proof of Reserves data. Rating: 9.2/10. See: https://www.trading365.org/reviews/mexc-review **Q: Is BYDFi legitimate?** A: Yes — BYDFi has operated since 2020, maintains a clean security record, offers 24/7 customer support, and is Trading365's recommended all-rounder. Rating: 8.9/10. See: https://www.trading365.org/reviews/bydfi-review **Q: Is BingX a good exchange?** A: BingX is one of the best exchanges for beginners and copy traders. It is regulated across multiple jurisdictions and offers fiat deposit support. KYC is required. Rating: 8.6/10. See: https://www.trading365.org/reviews/bingx-review **Q: Is WEEX safe?** A: WEEX has operated since 2018 without a major hack, holds a CertiK BBB rating, and maintains a 1,000 BTC protection fund. It lacks the regulatory backing of top-tier exchanges. Use as a trading platform, not a long-term storage solution. Rating: 7.5/10. See: https://www.trading365.org/reviews/weex-review **Q: What is the best alternative to Binance?** A: MEXC is the most commonly cited Binance alternative — 3,000+ trading pairs, lowest fees, strong security. BYDFi is a strong alternative for derivatives trading. See: https://www.trading365.org/reviews/mexc-review **Q: What is the best alternative to Bybit?** A: BYDFi is the closest Bybit alternative with better maker fees (0.01% vs 0.02%), no-KYC access, and excellent support. MEXC is also a strong alternative. See: https://www.trading365.org/reviews/bydfi-review --- ## COMPARISON TABLES ### Fees Comparison (Futures) | Exchange | Maker Fee | Taker Fee | Max Leverage | No-KYC | |----------|-----------|-----------|-------------|--------| | MEXC | 0.00% | 0.01% | 500x | Yes | | BYDFi | 0.01% | 0.06% | 200x | Yes | | BingX | 0.02% | 0.05% | 150x | No | | BloFin | 0.02% | 0.06% | 150x | Yes | | Bitunix | 0.02% | 0.06% | 125x | Yes | | CoinEx | 0.02% | 0.06% | 100x | Yes | | Toobit | 0.02% | 0.10% | 100x | Yes | | XT.com | 0.02% | 0.06% | 125x | No | | WEEX | 0.02% | 0.06–0.08%| 400x | Yes | | KCEX | 0.025% | 0.10% | 200x | Yes | ### No-KYC Daily Withdrawal Limits | Exchange | Daily No-KYC Limit | |----------|--------------------------| | Bitunix | 500,000 USDT | | WEEX | ~500,000 USDT | | MEXC | 10 BTC (~$1M+ at current prices) | | CoinEx | ~$50,000/month | | BloFin | 20,000 USDT | | BYDFi | Limit applies — see review | | Toobit | Limit applies — see review | | KCEX | Limit applies — see review | ### Welcome Bonuses (via Trading365) | Exchange | Maximum Bonus | |----------|--------------------------| | Bitunix | Up to $10,000 USDT | | MEXC | Up to $8,000 USDT | | BloFin | Up to $5,000 USDT | | BingX | Up to $5,000 USDT | | Toobit | Up to $5,000 USDT | | BYDFi | Up to $2,000 USDT | | WEEX | Up to $500 USDT | ### Copy Trading Support | Exchange | Copy Trading | Social Feed | Demo Trading | |----------|-------------|-------------|--------------| | BingX | Yes (best) | Yes | No | | BYDFi | Yes | No | No | | WEEX | Yes | No | Yes | | Bitunix | Yes | No | No | | Toobit | Yes | No | No | | MEXC | Yes | No | No | | BloFin | No | No | No | | CoinEx | No | No | No | | XT.com | No | No | No | | KCEX | No | No | No | ### Fiat Deposit Support | Exchange | Fiat Deposits | Methods | |----------|--------------|--------------------------| | BingX | Yes | Cards, bank transfers | | Bitunix | Yes | Limited | | CoinEx | Yes | Limited | | BYDFi | Limited | — | | WEEX | Limited | — | | MEXC | Limited | — | | BloFin | KYC required | — | | Toobit | Limited | — | | XT.com | Limited | — | | KCEX | Limited | — | --- ## TOPICAL GUIDES ### How to Choose a Crypto Exchange (2026) 1. **Determine your priority:** fees, leverage, no-KYC, fiat access, or copy trading 2. **Check availability in your country** — many top exchanges restrict US and some European users 3. **Verify KYC requirements** — if privacy matters, filter to no-KYC options first 4. **Compare fees** — maker fee matters most for limit order traders; taker fee for market order traders 5. **Assess security** — length of operation, cold storage policy, Proof of Reserves 6. **Start with a small deposit and test withdrawals before committing** - Full guide: https://www.trading365.org/comparisons/best-crypto-exchanges-by-country ### What No-KYC Really Means No-KYC exchanges allow trading, deposits, and withdrawals up to defined limits without requiring identity documents. This does not mean anonymous — exchanges still log IP addresses and transaction data. It means no passport/ID upload is required for basic access. - Highest no-KYC limits: Bitunix (500k USDT/day), WEEX (~500k USDT/day), MEXC (10 BTC/day) - Full explainer: https://www.trading365.org/no-kyc/what-is-kyc-crypto ### Understanding Leverage in Crypto Leverage multiplies both gains and losses. 100x leverage on a $1,000 position gives you exposure to $100,000. A 1% move against you liquidates your position. Higher leverage is not inherently better — use the minimum required for your strategy. - Highest leverage available: MEXC (500x), WEEX (400x) - Recommended for beginners: 5x–20x maximum --- ## FRESHNESS & METHODOLOGY - All exchange ratings and data reviewed and updated in 2026. - Trading365 maintains active accounts on all reviewed exchanges and tests withdrawals regularly. - Fee data is current as of Q1 2026 — always verify directly with the exchange as fees change. - Ratings are based on: fees (25%), leverage options (15%), no-KYC access (15%), security (20%), features (15%), user experience (10%). - No rating is influenced by affiliate relationships. ## CANONICAL URLS - Index: https://www.trading365.org/llms.txt - Full dataset: https://www.trading365.org/llms-full.txt - Reviews: https://www.trading365.org/reviews - No-KYC guides: https://www.trading365.org/no-kyc - Comparisons: https://www.trading365.org/comparisons - Bonuses: https://www.trading365.org/bonuses