Low-profile FGO-CMMC coatings were uniformly deposited onto AISI 52100 bearing steels by electrodeposition and exhibited excellent lubrication performances under 1N macroscale sliding loads, reducing the average coefficient of friction by 69 and 63% over an extended test period, compared to coatings of pure copper and GO-CMMC with similar topography. In addition, FGO-CMMC exhibits the highest corrosion protection efficiency among the examing samples, reaching 94.2% compared to the bare substrate, enhancing the low friction performance. The improved lubrication performance and wear resistance of the FGO-containing CMMCs than those with GO was attributed to the construction of a robust, asymmetrically structured sliding tribofilm that promotes low-friction sliding and reduced wear. The improved ductility of FGO-CMMC (0.25CD) allows for further reductions in interlaminar shear strengths of the coating, contributing to robust performances at higher sliding loads. The ease of FGO-CMMC composite deposition, combined with its excellent lubrication performance, improved anti-corrosion properties and wear resistance make it a promising solid lubricant for its use as a lubricating medium within steel-based mechanical switch assemblies.