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EXMO Review – Compare Fees and Withdrawal Limit

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Crypto Trading Platform Reviews

Minimum Deposit


Max Leverage


Cryptocurrencies for trading

BTC, ETH, LTC, BCH, and 24 more

Deposit Options

Credit cards, bank transfers and more (USD, EUR, UAH, RUB, PLN) and cryptocurrencies

Available Countries


Verificaiton Required


Company Regulation

Polegate, UK

Guarantee stop loss


Negative balance protection



Deposits: from 0% (bank transfers) to 6% (credit cards)
Withdrawals: variable
Trade Costs: 0.25%

Customer Support

Live Chat
Phone call
Ticket system

EXMO Review

This EXMO Review offers vital information regarding the EXMO platform in terms of its trading features. Throughout this EXMO review, we investigate functions that the online company offers for its clients. These include fees, deposit/withdrawal limits, verification requirements, liquidity, and trading tools & process. The pros & cons section of the investigation serve as a conclusion.

General Information

The EXMO Finance LLP is a UK-based business that offers an online space for cryptocurrency trade and exchange. The company created the platform in 2013 and grew both in terms of traded volume and cryptocurrency number. The location of headquarters is in Polegate, England, alongside with technical and support teams.

The country from which the platform operates, the UK, has limited regulative policies. Additionally, EXMO is not a broker itself but offers a marketplace where traders put up orders to purchase/sell cryptocurrencies.

At this point, EXMO implemented only the browser platform, with no apps or desktop version available. Many of the competing companies, including Coinbase and CoinEX did, putting them in front of the EXMO in this aspect.

Regions Served

Due to a large number of payment methods, traders from most counties around the globe can use EXMO services. Since the platform does not act as a broker itself, there are no exact legal boundaries that would stop investors. The only limitation, much like what all other crypto trading platforms have, are those countries that banned cryptos.

Payment Methods

EXMO, unlike its competitors Binance, CoinEX, and BitMEX, does offer both fiats and cryptocurrencies as deposit/withdrawal methods. The platform has several channels of funding. These include Skrill, credit cards, Perfect Money, SEPA, Wire transfers, AdvCach, Payeer, Neteller, and many more, as seen below.

As for the accepted fiats, you can fund your account with USD, EUR, RUB, PLN, and UAH. All of these currencies are available as trading pairings. Fees vary according to the method used, ranging from 0% (Perfect Money and RUB credit cards) to 6% (credit cards for all other fiats).

Cryptocurrencies Supported

Whereas the strength of EXMO is in fiats, Bitfinex, Binance, Poloniex, and CoinEX rule when cryptocurrencies are in question. The platform supports 28 cryptos, constituting 89 trading pairs, together with fiats as well.

EXMO does add new tokens/coins though seldom and depending on how well these coins perform in other trading platforms.

Trade Fees & Limits

Apart from blockchain transfer costs and deposit/withdrawal fees, there are also trading expenses as well. These are fixed at 0.25% for all orders, which is in line with CoinEX and Bitfinex’s taker costs.

Trading limits are different for each cryptocurrency, with minimum and maximum values set. The page “Fees & Limits” offer a detailed description regarding how many digital coins are available and at what level.


At the end of 2017, the website experienced a DDoS attack, only a few days after its employee, Pavel Lerner, was kidnapped. In an unfortunate sequence of events, the paid ransom for the Lerner’s release in Kiev equals to $1 million. The DDoS attack came in fairly quickly afterward, slowing down the EXMO platform significantly. During the attack, traders’ assets remained intact.

As for the security features, trades have at their disposal 2FA (two-factor authentication), IP whitelist, and notification system. Similar to Bitfinex, EXMO does have few functions more than CoinEX, for example. Yet, EXMO still needs to implement full encryption of the website’s information.

Verification Requirements

Unverified accounts have the ability to trade using both cryptocurrencies and fiats at EXMO. However, several payment methods require verification, including Skrill, credit cards, CryptoCapital, Wire transfers, SEPA, and Neteller.

Additionally, with a verified account, withdrawals in fiat are eligible. The documentation needed for identity check is a personal document (scanned ID or passport), proof of address (utility bill), and signed the agreement, as seen above.

Trading Guide

Looking at the trading platform at EXMO, the interface does seem to be geared towards beginners. Easy to navigate with a very little number of functions available, trading at this platform lacks stop-loss tools that Bitfinex, BitMEX, and CoinEX have. Additionally, EXMO does not offer margin trading at this point in time. You can check out the trading form in the picture below.

Users can set limit or instant trading order using 89 trading pair. Charts are available and have the usual set of indicators to help traders make their decisions. Traders cannot modify price tables to the degree of freedom that BitMEX or Bitfinex have. Only candlesticks are changeable part of the trading platform.

Another issue that remains is the somewhat low liquidity since around only 4.150 bitcoins circulate on daily basis. Other than BTC pairings, other cryptocurrencies struggle to keep the daily trade adequate enough to compete with other platforms. EXMO, much like its competitors, offers detailed records on all orders done in real time.


Customer Support

What makes EXMO different from other trading platforms is the existence of several support channels. Clients can use live chat for issues at hand while direct email addresses provide a more personalized approach to the problem. You have corporate, finance, technical and customer department emails, all within the reach.

Apart from contact, FAQ and video tutorials also exist, guiding all clients in terms of platform’s functions. Clients can also use the ticket system. Overall, the support at EXMO is far more advanced than at Bitfinex, BitMEX, and CoinEX.

Pros and Cons


  • support live chat available
  • trading of both fiats and cryptos
  • numerous deposit/withdrawal methods
  • unverified accounts able to trade


  • somewhat high deposit and trade fees
  • no margin trading
  • low liquidity


In this EXMO review, we touched upon the trading marketplace in terms of its features and available functions. Unverified users can trade, deposit and withdraw both crypto and fiat currencies, which is a plus. What EXMO lacks are a number of traders to keep up the liquidity and margin trading. Currently, investors cannot leverage nor can they use stop-loss tools.

The website gears itself towards beginners and interface is easy to navigate, though at the expense of charts. Overall, a good place for starters to begin, much like with CoinEX.

Read more EXMO exchange review

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