Trade on EXMO using Axon Trade FIX API

Trading

The trading session offers a rich set of commands for building a reliable trading application, strategy, or platform. You can open, cancel, or modify orders, request open orders, balances, and positions, and receive notifications in real-time about trading-related events.

List of supported FIX commands on EXMO:

NewOrderSingle

OrderCancelRequest

OrderCancelReplaceRequest

RequestForPositions

MassOrderStatusRequest

TradingSessionStatus

Market Data

Axon Trade also provides real-time normalized market data from EXMO in FIX 4.4 format. The data contains full book updates (L2) + trades and is presented as a full book snapshot followed by a series of incremental updates.

EXMO, founded in 2018, is a Europe-based cryptocurrency exchange popular among European and Asian traders. Known for its user-friendly interface, fiat currency support, and variety of trading options, EXMO provides a secure and accessible environment for both novice and intermediate users. With a reputation for reliability and competitive fees, EXMO has grown to become a preferred choice for users seeking straightforward access to both major and emerging cryptocurrencies.

Key Features of EXMO

User-Friendly Interface. EXMO’s platform is designed with a focus on simplicity, making it ideal for beginners. The interface is intuitive and well-organized, allowing users to easily navigate through trading pairs, wallets, and other key features. The dashboard, available on both the web platform and mobile application, offers quick access to essential trading functions, such as P2P exchange, advanced trading with full functionality, and margin trading. This user-centered design ensures a smooth experience for both new traders and more advanced users who appreciate customizable options.

Fiat Currency Support. One of EXMO's standout features is its extensive fiat support, including USD, EUR, GBP, PLN, TRY, and KZT. This multi-currency gateway makes it easy for users from different regions to deposit and withdraw in their preferred currency, eliminating the hassle of conversion fees. EXMO also provides various payment options, such as Visa and Mastercard, SEPA bank transfers, QIWI, and PAYEER, offering flexibility in how users manage their funds. Competitive Fees and Loyalty Program. EXMO operates with a competitive fee structure, with maker/taker fees starting as low as 0.05% depending on trading volume. Active traders can benefit from EXMO’s loyalty program, which offers up to 100% discount on trading fees based on trading activity and loyalty tier. This feature is particularly advantageous for frequent traders looking to maximize savings on their trades. Additionally, the platform includes a cashback program that allows users to save even more on fees, making EXMO one of the more affordable trading platforms.

Advanced Trading Options. EXMO provides a wide range of trading options to accommodate various trading strategies. Users can participate in spot trading, margin trading with leverage, and make use of advanced order types like stop-limit orders. These features allow traders to manage risk more effectively and execute complex trading strategies. Although EXMO does not yet offer futures trading, the availability of margin trading still caters to users looking for leveraged trading options.

Security Measures. EXMO prioritizes security with a suite of protective features. The platform implements two-factor authentication (2FA), SSL encryption, and anti-phishing codes to protect users' accounts from unauthorized access. EXMO also employs cold storage methods for most of its cryptocurrency holdings, keeping user assets offline and out of reach from potential cyber threats. Furthermore, the platform adheres to AML/KYC protocols, offering extended user verification to prevent fraudulent activities. The platform’s proactive approach to security has earned it a strong reputation as a reliable and safe exchange.

Multi-Currency Wallet. EXMO offers users a multi-currency wallet, enabling them to store multiple cryptocurrencies in one place. The wallet supports popular assets like Bitcoin, Ethereum, Cardano, and tokenized assets, making it easy for users to manage a diverse portfolio without the need for external wallets. The multi-currency functionality adds a layer of convenience for traders and investors alike, especially those looking to diversify across various digital assets.

EXMO’s Cashback and Referral Program. EXMO’s cashback program is a notable benefit for frequent traders, offering the possibility of saving up to 100% in commission fees. Additionally, the platform has a referral program that pays up to 40% of commissions earned from referrals, creating a secondary income stream for users. Both the cashback and referral programs make EXMO an attractive choice for cost-conscious traders and those looking to earn additional income through platform activity.

EXMO’s Unique Features

EXMO has positioned itself as a versatile platform by catering to European and Asian users with extensive fiat support, an intuitive interface, and accessible advanced trading tools. The loyalty program further distinguishes it by offering discounts based on user activity, while the platform's security measures ensure peace of mind. Furthermore, EXMO’s fiat gateway allows users to conduct transactions in their local currency, reducing the complexities of fiat-to-crypto conversions.

The platform’s range of trading options, including P2P exchange, advanced trading, and margin trading, accommodates both new and experienced traders. EXMO’s mobile app mirrors the functionality of its web platform, providing traders with on-the-go access to their portfolios and trading tools. With consistent updates and the addition of new cryptocurrencies, EXMO continues to attract a broad range of crypto enthusiasts.

Trading on EXMO with Axon Trade

For EXMO users aiming to boost trading precision and efficiency, Axon Trade provides a seamless integration designed to meet the needs of both professional traders and institutions. Leveraging Axon Trade’s FIX API, users gain streamlined access to EXMO’s markets, facilitating rapid and reliable order execution. This solution is particularly valuable for those managing larger volumes or executing complex trading strategies, where performance and speed are crucial.

Axon Trade offers real-time, normalized market data, which empowers EXMO traders with up-to-date insights into market dynamics. This data-driven approach enhances decision-making, whether users are managing diverse portfolios, executing high-frequency trades, or engaging in margin trading. Axon Trade’s robust order and position management tools further enhance the EXMO trading experience, providing traders with the resources needed for efficient and effective portfolio management.

By combining EXMO’s user-friendly and secure trading environment with Axon Trade’s advanced trading infrastructure, users benefit from a powerful trading setup. This integration supports both strategic investments and high-speed trading, making EXMO and Axon Trade an ideal choice for those seeking professional-grade tools on a versatile and accessible platform.