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In that regard, eToro is considered the most well-known social trading platform in the world, and its CopyTrade tool comes at no cost and is known as the best in the industry. In terms of functionality and user experience, the EXMO mobile app is very intuitive and has a great rating on all stores as well as on TrustPilot. On Google Play, the EXMO mobile app has a score of 4.7 from 1642 reviews, on Apple Store a review of 3.6 from 23 reviews, and on TrustPilot a rating of 4 from 216 reviews. When it comes to the security of the EXMO wallet, this should be seen as a high priority. And, though EXMO is considered a reputable, trusted, and regulated digital assets exchange – we still recommend that you transfer the funds to a cold wallet where no one can steal your coins. After all, this is a small exchange that stores some of the clients’ funds on hot wallets and experienced a security breach last year in which 5% of total assets stolen.

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Instead, eToro offers commission-free trading or in other words, you do not pay any fees when you go in and out of a position. Further, the payment fees, as well as additional fees at eToro, are substantially lower than at EXMO. Overall, EXMO is a great cryptocurrency exchange and is a legit choice for UK investors that want to trade cryptocurrencies with UK registered exchange. But, if you still have doubts about this exchange, and you prefer to find a cheaper trading platform, we are going to compare EXMO to another FCA-regulated, eToro.

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