Is OKX a Scam? Regulation Check 2026

The OKX entry was pulled from the MiCA CASP register. This is what the public record returns.

Verdict

The record clears OKX: it holds MiCA CASP licence Registered, which clears it to offer trading in Austria.

How to verify on the official register

Regulator MiCA CASP
MiCA CASP
Licence NumberRegistered
Regulated EntityOKX Europe
Founded2017

What MiCA CASP regulation means

Under MiCA CASP, an exchange must ring-fence client funds in segregated accounts, carry negative balance protection, and open its books to independent audit. A complaint can be filed with MiCA CASP directly.

What the MiCA CASP registration buys you

  • Client funds ring-fenced in segregated accounts, apart from OKX's own capital
  • Negative balance protection, so a loss cannot run past the deposit
  • A direct line to MiCA CASP for a complaint should OKX leave one unresolved
  • Independent financial audits of OKX, run on a schedule under MiCA CASP oversight

Frequently Asked Questions

Is OKX a scam or legitimate?

The record clears OKX. It holds MiCA CASP licence Registered, and MiCA CASP ranks among the most respected financial regulators — the entry confirms in public on the MiCA CASP register.

How do I check OKX's MiCA CASP licence?

Open the official MiCA CASP site and run its register search. Key in licence Registered or the entity name; the entry returns OKX's authorisation status and the exact scope of its permissions.

Are my funds safe with OKX?

Under MiCA CASP, OKX is required to hold client funds in segregated bank accounts, walled off from company money — cover that stands even if OKX runs into trouble.

What protection do I have as a OKX client in Austria?

In Austria, OKX answers to MiCA CASP. On the record that means segregated client funds, negative balance protection (losses cannot run past your deposit), and a direct channel to file a complaint with MiCA CASP.

0% of retail investor accounts lose money when trading crypto derivatives with OKX.

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