EDX Markets
EDX Markets
EDX Markets adopts a regulator-approved model backed by names such as Citadel, Fidelity and Schwab, positioning itself as a potential standard for the institutional segment. Its limitation is that it serves institutions only, with no retail access. The copy describes a non-custodial model, but the data field classifies it as custodial, so the custody model should be verified directly.
Data & conditions
| Maker / Taker fee | 0% / 0% |
|---|---|
| Markets | Spot |
| Max leverage | 5× |
| Supported assets | 4+ |
| Fiat on-ramp | Yes |
| Geo restrictions | Solo investitori istituzionali USA tramite broker-dealer; non disponibile per il pubblico retail né fuori dagli USA |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | US · 1+ countries |
| Regulator | MAS (pending), non-registered with SEC |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | OCC Trust charter pending OCC national trust bank charter (in corso) |
Strengths
- Modello not-custodial approvato from regolatori; Citadel+Fidelity+Schwab; futuro standard institutional.
- No notable sovereignty advantage documented.
Weaknesses
- Only institutional; no retail.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (OCC national trust bank charter (in corso)): reporting to authorities and freezes on order.
- Geographic restrictions (Solo investitori istituzionali USA tramite broker-dealer; non disponibile per il pubblico retail né fuori dagli USA).
Verdict
The S rating is the highest in the category and reflects the strength of the framework: a regulator-approved model, an OCC trust-bank charter in progress, zero fees (0% taker and maker) and backers of the calibre of Citadel, Fidelity and Schwab, which lower perceived counterparty risk. The limit that blocks a universal recommendation is structural, not a safety one: it is an institutions-only venue, with no retail access and unavailable in Italy.
For a crypto-native user EDX is almost the opposite of the value sought: custodial, full KYC, low privacy (3/10) and a design built entirely around institutions and regulators. It is exactly the kind of venue that maximizes institutional trust and minimizes autonomy: no self-custody, no censorship resistance, no door for those who want to operate without intermediaries.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
What are EDX Markets's fees?
On EDX Markets, spot fees are maker 0% / taker 0%. They drop with monthly volume and VIP tier.
Is EDX Markets regulated in Europe?
Regulatory status of EDX Markets: OCC national trust bank charter (in corso). Licence: OCC Trust charter pending.
Does EDX Markets publish Proof of Reserves?
Proof of Reserves publication is not documented for EDX Markets. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.
Can I send transfers to third-party IBANs from EDX Markets?
No, EDX Markets is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.
Does EDX Markets support derivatives and futures?
EDX Markets does not offer derivatives: it focuses on spot trading.
Sources
- Official service page Maker/taker fees · Regulatory framework · Derivatives · Past incidents · +2 Data verified on Jun 15, 2026
- cryptoslate.com Geo restrictions Data verified on Jun 15, 2026
- en.wikipedia.org Company type · Stock ticker · Stock listing · IPO date · +3 Data verified on Jun 15, 2026
- lei-lookup.com Legal name Data verified on Jun 15, 2026
Show 3 more sources
- cryptoassetbuyer.com Trading pairs · Geographic availability · Staking & Earn · Proof-of-Reserves Data verified on Jun 13, 2026
- panewslab.com 24h volume Data verified on Jun 13, 2026
- tradersmagazine.com Founders Data verified on Jun 13, 2026