EMX Leverage Calculator
Leverage Calculator
Use this tool to estimate potential profits and losses at various price movements. Note: Actual results may vary based on market conditions.
EMX isn’t another crypto exchange trying to be everything to everyone. It doesn’t have thousands of coins, a mobile app everyone raves about, or millions of daily users. But if you’re looking to trade crypto derivatives alongside traditional assets like gold, oil, or the S&P 500-all on one platform-then EMX might be exactly what you need.
What EMX Actually Offers
EMX launched in May 2019 and has stayed focused on one thing: derivatives. Not just crypto derivatives like Bitcoin futures or Ethereum perpetuals, but also traditional financial instruments. You can trade perpetual swaps for BTC, ETH, and USDT, sure. But you can also trade perpetual contracts for GOLD, USOIL, US500, EUR/USD, and even Brazil’s benchmark index, BRAZIL60. That’s rare. Most exchanges stick to crypto. EMX blends Wall Street with crypto trading.
It’s not a spot exchange first. You won’t find a simple ‘buy Bitcoin’ button like on Coinbase. EMX is built for traders who understand leverage, margin, and liquidation risk. Positions can go up to 100x leverage, depending on the asset. That’s high. It’s not for beginners. But for experienced traders, it opens up a way to hedge crypto exposure using oil or forex moves-or speculate on them directly without owning physical assets.
Collateral? You can use BTC, ETH, TUSD, or USDT. No fiat deposits unless you’re outside the U.S. And that’s a big restriction.
Who Can’t Use EMX (And Why)
If you’re in the United States, you can’t trade on EMX. Period. The platform explicitly blocks U.S. residents due to SEC regulations. That’s not a technical glitch-it’s a legal decision. The SEC has cracked down on unregistered derivatives platforms before, like BitMEX in 2022. EMX chose to avoid the risk entirely by shutting out the entire U.S. market.
That’s a massive trade-off. The U.S. makes up about 25% of global crypto trading volume, according to CipherTrace’s Q3 2025 report. That’s over 34 million potential users. EMX is betting that the value of its hybrid model outweighs the loss of that market. For non-U.S. traders, that’s fine. But if you’re American, you’ll need to look elsewhere.
How EMX Compares to Binance, Bybit, and Others
Let’s be clear: EMX isn’t trying to beat Binance. Binance does everything-spot, futures, options, staking, NFTs, even a crypto debit card. EMX does one thing, and it does it differently.
| Feature | EMX | Binance | Bybit | Coinbase |
|---|---|---|---|---|
| Derivatives Focus | Yes (primary) | Yes | Yes | Limited |
| Traditional Assets (Gold, Oil, Indices) | Yes | No | No | No |
| Max Leverage | Up to 100x | 125x | 100x | 10x |
| US Access | No | Yes (with restrictions) | Yes | Yes |
| Fiat On-Ramp (Wire/Card) | Yes | Yes | Yes | Yes |
| Mobile App | No | Yes | Yes | Yes |
| Trading Volume (24h, est.) | Untracked | $45.2B | $12.1B | $3.8B |
EMX’s biggest edge? Traditional assets. If you’re tracking oil prices and want to hedge your crypto portfolio, EMX lets you do it in one place. Binance and Bybit don’t offer that. But EMX loses hard on visibility. It’s not listed on CoinMarketCap’s tracked exchanges as of October 2025. That means no reliable volume data, no rankings, no public trust signals.
Is EMX Safe? The Missing Audits
This is the biggest red flag. There are no public security audits. No Proof of Reserves reports. No third-party verification of funds. That’s not normal for a platform handling leveraged derivatives.
Compare that to Kraken, which publishes quarterly audits. Or Bitfinex, which uses its own Tether reserves as collateral transparency. EMX doesn’t do any of that. Cryptowisser’s 2025 review calls it “secure and reliable,” but that’s opinion, not evidence. No technical breakdown. No code review. No history of hacks or breaches published anywhere.
That doesn’t mean EMX is hacked or fraudulent. It’s been operating since 2019. But in crypto, trust isn’t built on promises. It’s built on transparency. EMX offers none of that.
User Experience and Support
EMX’s interface is clean. According to Cryptowisser, it’s intuitive-similar to Margex. No cluttered dashboards. No confusing menus. If you’ve used Deribit or Bybit before, you’ll feel at home. But there’s no mobile app. You’re stuck with the web version. That’s a problem for active traders who need alerts, quick entries, or on-the-go position management.
Support? No public info. No 24/7 live chat. No help center with detailed guides. Compare that to Kraken, which has video tutorials, FAQs, and responsive support. EMX leaves you on your own. That’s fine if you’re an experienced trader. Not so fine if you’re learning.
And there’s almost no community presence. No Reddit threads. No Trustpilot reviews. No YouTube tutorials. Nothing. That’s unusual. Even smaller exchanges like MEXC have hundreds of thousands of users and public feedback. EMX feels like a ghost town.
Who Should Use EMX?
EMX isn’t for everyone. Here’s who it’s for:
- Traders outside the U.S. who want to trade crypto and traditional assets together
- Experienced derivatives users comfortable with 50x-100x leverage
- People who believe macro trends (oil, USD, gold) will move crypto prices
- Those who don’t need a mobile app or 24/7 customer support
It’s not for:
- U.S. residents
- Beginners or casual investors
- People who care about exchange rankings or public audits
- Anyone who wants to buy Bitcoin with a credit card and hold it
The Bottom Line
EMX is a niche platform for a niche audience. It’s not trying to be the biggest. It’s trying to be the only one offering crypto and traditional asset derivatives on the same engine. That’s smart. But it’s also risky.
On one hand, you get unique trading opportunities. On the other, you’re trusting a platform with zero transparency, no community, and no regulatory oversight outside its non-U.S. stance.
If you’re a professional trader outside the U.S., and you’ve been looking for a way to trade oil and BTC in the same account, EMX might be worth testing-with small amounts first. But if you’re looking for safety, scale, or support, look elsewhere.
EMX isn’t broken. It’s just quiet. And in crypto, silence often means something’s being hidden.
Is EMX a scam?
There’s no evidence EMX is a scam. It’s been operational since 2019 and processes trades regularly. However, it lacks transparency-no public audits, no Proof of Reserves, no security reports. That doesn’t mean it’s fraudulent, but it does mean you’re taking on higher risk than with exchanges that publish their financial health.
Can I trade on EMX if I live in the U.S.?
No. EMX blocks all U.S. IP addresses and requires non-U.S. residency verification during signup. Attempting to bypass this with a VPN violates their terms and could result in frozen funds. The platform explicitly excludes U.S. users due to SEC regulations.
Does EMX have a mobile app?
No. EMX only offers a web-based trading platform. There is no official mobile app for iOS or Android. Traders must use their browser on mobile devices, which limits convenience for active traders who need quick access to charts or alerts.
What assets can I trade on EMX?
EMX offers perpetual swaps for Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), Tether (USDT), and Tezos (XTZ). It also offers traditional asset derivatives including GOLD, USOIL, US500, EUR/USD, BRAZIL60, and USD/BRL. Spot trading is available but not the focus. Leverage ranges from 10x to 100x depending on the asset.
Why is EMX not tracked on CoinMarketCap?
EMX is listed as "untracked" on CoinMarketCap as of October 2025, meaning its trading volume isn’t verified or reported publicly. This could be due to low volume, deliberate privacy, or lack of data sharing with aggregators. Untracked status often signals lower liquidity and less mainstream adoption compared to exchanges like Binance or Bybit.
How do I deposit funds on EMX?
You can deposit via cryptocurrency (BTC, ETH, USDT, TUSD) or fiat through wire transfer or debit card. Fiat deposits are only available to non-U.S. users. Withdrawals are processed in crypto only. There’s no direct bank-to-exchange fiat withdrawal option.
Is EMX better than Bybit or BitMEX?
It depends on your goals. Bybit and BitMEX focus only on crypto derivatives and have higher trading volumes and more user feedback. EMX’s advantage is its inclusion of traditional assets like oil and gold. If you want to trade both crypto and macro assets in one place, EMX is unique. But if you want volume, liquidity, or community support, Bybit or BitMEX are safer bets.
Angie Martin-Schwarze
7 November, 2025 . 05:33 AM
i tried emx last month and my account got frozen bc i used a vpn... now i can't even withdraw my 0.02 btc. why do these platforms even exist if they just trap people?
Fred Kärblane
7 November, 2025 . 07:22 AM
Look, if you're not U.S.-based and you're trading macro-driven derivatives, EMX is a hidden gem. The integration of oil and gold perpetuals with crypto is pure alpha for hedgers. The lack of a mobile app? Minor. The absence of audits? A red flag, but not a dealbreaker if you're using small positions and monitoring on-chain liquidity. This isn't Coinbase - it's a pro tool for those who know how to use it.
Meagan Wristen
7 November, 2025 . 08:53 AM
I just want to say how much I appreciate someone finally talking about this platform. I'm from Canada and I've been using EMX for over a year. It's quiet, sure, but it works. I traded gold against BTC during the Fed meeting last month and made a solid profit. No drama, no hype - just clean charts and fast execution. I wish more people knew about it.
Becca Robins
8 November, 2025 . 06:01 AM
emx?? more like emx-plainly-scammy 😭 no audits? no app? no community? bro its 2025 not 2012. i'd rather lose money on binance than trust some ghost site with my 100x leveraged bets. also why does the site look like it was coded in 2017??
Alexa Huffman
9 November, 2025 . 20:25 PM
The platform's lack of CoinMarketCap tracking doesn't necessarily mean it's unreliable - many legitimate niche exchanges choose not to submit data. However, the absence of any public proof of reserves or security audits is concerning. Transparency isn't optional in derivatives trading. If EMX wants to be taken seriously, it needs to start publishing audits - not just rely on vague endorsements from unverified blogs.
gerald buddiman
11 November, 2025 . 06:51 AM
I’ve been trading on EMX since 2020... and I’ll tell you what - I’ve seen everything. I’ve watched oil spike 15% in 20 minutes and my BTC position move with it like magic. The interface is clean, the slippage is low, and the leverage works. But... yeah... no mobile app? That’s brutal. And no audits? That’s terrifying. I sleep with my laptop open. I check my positions every hour. I don’t trust them... but I trust my own risk management more.
Arjun Ullas
12 November, 2025 . 20:09 PM
As a professional trader from India, I must emphasize that EMX offers a unique product architecture unmatched by any major exchange. The inclusion of BRAZIL60 and USD/BRL pairs is particularly valuable for emerging market hedgers. However, the absence of third-party audits is a critical governance failure. While operational since 2019, the lack of transparency undermines institutional credibility. I recommend using EMX only for speculative allocations under 5% of total portfolio, with strict stop-loss protocols.
Steven Lam
14 November, 2025 . 08:12 AM
U.S. people complaining about being blocked? Get over it. You got your Coinbase and Binance and your crypto debit cards and your mommy and daddy SEC protecting you from real trading. EMX is for adults who want to trade oil and crypto together. If you can't handle 100x leverage without crying, stay in your ETFs. This isn't a babysitter service.
Noah Roelofsn
15 November, 2025 . 12:57 PM
Let’s cut through the noise: EMX is the only exchange that lets you hedge your ETH exposure against a spike in crude oil - which, statistically, correlates with macro liquidity shifts. That’s not gimmicky, that’s sophisticated. The lack of a mobile app? Annoying, but manageable. The silence on audits? Frustrating, but not unheard of in offshore derivatives venues. The real issue is liquidity depth - and since volume isn’t tracked, we’re flying blind. Use it, but treat it like a private hedge fund, not a public exchange.
Sierra Rustami
16 November, 2025 . 23:41 PM
America’s always whining. We got our banks, our SEC, our regulations. EMX is for the rest of the world. If you can't trade without a mobile app and a 24/7 chatbot, you don't belong in derivatives. Stop crying. Go trade SPY on Robinhood.
Glen Meyer
17 November, 2025 . 18:22 PM
They blocked the U.S. because they knew we’d sue them into oblivion. Smart move. But now they’re just a ghost town. Who even uses this? I checked the last trade on BTC-USD - 3 weeks ago. This isn’t a platform. It’s a time capsule.
Christopher Evans
18 November, 2025 . 06:40 AM
The absence of public audits and regulatory oversight is a significant risk factor in leveraged derivatives trading. While EMX may operate without incident, the lack of verifiable transparency undermines the foundational principles of trust in decentralized finance. I would advise against allocating any capital to this platform until independent security and solvency reports are published.
Ryan McCarthy
18 November, 2025 . 09:08 AM
I get why people are skeptical - no app, no audits, no Reddit buzz. But I’ve been using EMX for two years now, and I’ve never had an issue. I trade oil and BTC together during inflation spikes. It’s weird, yeah, but it works. Maybe it’s quiet because it doesn’t need to be loud. Not everything has to be a circus to be real.
Abelard Rocker
19 November, 2025 . 16:50 PM
Okay, so let me get this straight - EMX is like the goth kid in the trading room: no social media, no flashy lights, doesn’t wear a suit, just sits in the corner with a cup of black coffee and trades gold against Bitcoin while the rest of us are screaming about memecoins. And somehow, it’s still alive? After five years? No one knows its volume. No one knows if it’s solvent. No one even knows if the CEO is real. And yet... I’ve made more money here than on Binance. Why? Because it doesn’t care about you. It doesn’t want your attention. It just wants your capital. And in crypto, the platforms that don’t beg for love are the ones that survive. So yes, it’s terrifying. But terrifying doesn’t mean fake. It means dangerous. And dangerous is where the real money is.
Hope Aubrey
19 November, 2025 . 17:56 PM
I live in Texas and I use EMX with a VPN. I know it’s against TOS but I’ve got 15k in there and I’m not touching it. I’ve seen the oil-BTC correlation play out 3 times this year. It’s insane. Yeah, no audits - but I’ve never seen a withdrawal fail. I don’t trust them, but I trust the math. And honestly? I’d rather risk my money on a quiet ghost than some overhyped exchange with 100k Reddit posts and a CEO who’s a TikTok influencer.