EXMO is a British cryptocurrency exchange that was launched in 2013 with the aim of providing retail and professional investors with a convenient platform for online trading of over 182 cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Ripple, Cardano, Cosmos, DASH, and more. The Exchange is bent on providing traders with the best trading experience by constantly expanding its functionality and offering a range of trading tools and educational resources. They offer a single live trading account, but there’s a variety of payment methods.
EXMO Review Introduction
In this EXMO review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my broker reviews. You can also use my free trading tool to compare brokers including EXMO.
EXMO Platforms & Tools
EXMO provides retail and professional traders with a proprietary trading platform. The platform is easy-to-use and has a minimalist design and adaptive grid. It gives users the opportunity to buy/sell/exchange cryptocurrency with fiat currency. The EXMO mobile trading app is designed for smartphones running on Android and iOS devices and can be downloaded from the respective app stores.
The platform makes it possible for traders to manage accounts and place trades even while on the move as long as they are connected to the internet. Traders also get access to a trading API, which is a reliable tool for cross-platform trading bots and the OTC-Trading Desk.
EXMO Research & Education
The Exchange gives traders access to a selection of educational resources to improve their knowledge and also keep them informed on the factors that move the markets. These resources can be accessed directly from the EXMO website, and they include News, Articles, Tutorial Videos, and an FAQ section that provides traders with quick answers to the most common questions that they may have.
EXMO Trading Accounts
Traders are offered a single live trading account for the online exchange of their cryptocurrencies.
EXMO Account Funding
EXMO accepts the following payment methods for account deposits and withdrawals:
- Credit/Debit Cards (Visa and MasterCard)
- Wire Transfer
The time taken to process the transactions may vary depending on the payment method used.
EXMO Customer Service
The Exchange provides traders with a client support team that is available 24/7 to offer knowledgeable responses to clients’ general, technical, and account-related inquiries. They can be reached through email, Live Chat, social media, or by visiting the team’s office in London.
EXMO states that their top priority is the security of the users’ funds and personal data. However, there is no regulatory information on the Exchange’s website at the moment. Most professional traders may not want to trade with an unregulated broker as they may not offer adequate protection to investors.
EXMO Review Summary
Founded in 2013 in London, United Kingdom, EXMO is a cryptocurrency exchange that offers over 182 cryptocurrencies for online trading through their proprietary trading platform that is available in a mobile version for Android and iOS devices. There is a variety of educational materials available to clients. Traders are allowed to create a single live trading account, while there are multiple account deposit and withdrawal methods. However, they are not regulated by any known financial authority at the moment, which can discourage most potential traders from trading with them.
It is worth mentioning that some of the trading products and services in this EXMO review may differ or not be available to traders in some countries due to regulations. As broker’s terms can change over time, please verify all information is up to date directly from the EXMO broker website which you can visit by using the link below.
The risk of loss in the exchange of crypto assets can be substantial, and therefore you should understand the possibility of losses associated with the exchange of crypto assets and must assume responsibility for all the risks associated with such exchanges and for their results.