At a glance
- Global spot, regular user
- 0.08% maker · 0.10% taker
- US spot, regular user
- 0.20% maker · 0.35% taker
- Australia
- OKX Australia Pty Ltd · AUSTRAC registered
- AUD deposits
- Personal PayID or bank transfer from an Australian bank
Regular-user spot rates on the global schedule. US accounts start at 0.20% maker and 0.35% taker.
What stands out
- Low regular-user spot fees on its global schedule.
- A local Australian company registered with AUSTRAC, with AUD deposits by PayID.
- Derivatives in Australia only for verified wholesale clients, through an entity that holds an ASIC licence.
What to weigh up
- The 2025 US guilty plea and more than US$504 million in penalties.
- Fees and products vary sharply by region; US accounts pay several times the global rate.
- In Australia, transfers from Wise, Revolut or other crypto platforms aren't accepted.
Fees depend on where you live
On OKX's global fee schedule, regular users pay 0.08% as a maker and 0.10% as a taker on spot trades, with lower rates at higher volume tiers. At a notional US$1,000 market order, the taker fee is US$1.
- Regional schedules differ.
- OKX's 2026 US framework lists regular spot fees of 0.20% maker and 0.35% taker, and European clients have their own schedule.
- Check the fee page for your region, not a global headline.
Using OKX in Australia
Australians use OKX through OKX Australia Pty Ltd, a local company registered with AUSTRAC. Derivatives are only offered to verified wholesale clients, through OKX Australia Financial Pty Ltd, which holds an Australian financial services licence.
- You get your own PayID for AUD deposits, which you can save in your banking app.
- Deposits must come from an Australian bank; transfers from Wise, Revolut or other crypto platforms aren't supported.
- Most deposits are instant, though OKX suggests allowing up to a business day for the first one, and AUD withdrawals go to a saved bank account.
The 2025 US guilty plea
In February 2025, Aux Cayes Fintech Co., the Seychelles company that operates OKX, pleaded guilty in New York to operating an unlicensed money transmitting business and agreed to pay more than US$504 million. Prosecutors said that from about 2018 to early 2024 it served US customers despite a policy barring them, and that the platform was used for more than US$5 billion of suspicious transactions and criminal proceeds.
- Like Binance's case, this was about compliance failures rather than lost customer funds.
- It's still important context for judging the business.
Nodora’s take
OKX's global fees are among the lowest for regular users, and Australians get a local entity with PayID deposits. The 2025 US plea and the big differences between regional schedules are the main things to weigh.
Before opening an account, check which OKX entity serves your country and the fee schedule that applies to you. We have not opened or funded an account as part of this review. Nodora has an affiliate relationship with OKX and may earn commission if you sign up through our link; that has no effect on this review or its rating.
OKX questions, answered
What is Nodora’s OKX referral code?
Nodora’s OKX referral code is TERN3BRU. The signup link on this page includes it. Use it before you register, because referrals usually can’t be added afterwards.
What are OKX’s trading fees?
On the global schedule, regular users pay 0.08% maker and 0.10% taker on spot trades. US accounts start at 0.20% maker and 0.35% taker, and other regions have their own schedules.
Is OKX available in Australia?
Yes. OKX Australia Pty Ltd is a local company registered with AUSTRAC. AUD deposits come by PayID or bank transfer from an Australian bank, and derivatives are only for verified wholesale clients.
Why did OKX plead guilty in the US?
In February 2025, the company that operates OKX pleaded guilty to operating an unlicensed money transmitting business for serving US customers, and agreed to pay more than US$504 million.
Can I deposit to OKX from Wise or Revolut?
Not in Australia. OKX Australia only accepts deposits from local Australian banks, not from Wise, Revolut or other crypto platforms.
Does Nodora earn a commission from OKX?
Yes, it may. Nodora has an affiliate relationship with OKX, and the signup links on this page are affiliate links. Commission plays no part in the review or its rating, and we have not verified a signup bonus for the person joining.
More on OKX: fees explained · is it safe?
Sources & last check
Checked 26 October 2026. Provider material describes the provider’s own service; it is not independent verification of safety or performance.
- OKX: Updates to global fee framework
- OKX: Updates to US fee framework 2026
- OKX Australia: What can I use in Australia?
- OKX Australia: How do I deposit AUD with bank transfer?
- US Attorney’s Office SDNY: OKX pleads guilty to violating US anti-money laundering laws
