EXMO Reduce Commission Fees on Russian Rubles

EXMO Reduce Commission Fees on Russian Rubles

EXMO has outlined lower commission fees on Russian Rubles deposits made via a selection of popular options on their platform, as well a reducing the fee for one of their withdrawal options.

The new commission fees will naturally come as a pleasant surprise to Russian users who will now be looking at lower fees when they are looking to charge up their accounts for trading. The new fees will mean turning the native fiat currency of Russia into tradeable funds on their platform will be less. The changes will be implemented on some of the more commonly used options, as well as a selection of others that you may also use, all of which will see a considerable drop by at least 1% each.

The full list of reduced commission fees will apply as follows:

– RUB Visa/MasterCard 3,45% (used to be 3,95%)
– RUB AdvCash 0,45% (used to be 1,45%)
– RUB Qiwi 3,45% (used to be 4,45%)
– RUB Yandex Money 3,45% (used to be 4,45%)

However, it is not just Russian traders that will benefit from these new rates, as they have also outlined one new update to their withdrawals, which will benefit users who are making USD withdrawals. This pans out as follows:

– USD AdvCash 3,45%

These new rates will go into effect at 7 a.m. on the 5th of November (UTC), so if you were planning a deposit via Rubles or withdrawal via USD, then you may want to hold fire for a bit.

Of course, this news comes not long after they have made previous changes to their commission rates on three of the aforementioned options, Visa, Mastercard and AdvCash, when doing so using USD. As well as news of the third round IEO on the platform and the launch of a mobile app, scheduled for next week.

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