Review by a trader of the Exante broker
Exante
Founded in 2011, Exante brokerage is a wealthtech company providing financial services and access to the company's state-of-the-art proprietary trading platform. It provides direct DMA-access that allows trading on more than 50 of the most notable financial markets in Asia, the European Union, or the USA. The minimum deposit minimum to begin trading amounts to 10 000 €.
Exante Broker complies with four official regulators – CySEC FCA MFSA HK SFC. It is recognized for its transparent pricing strategy for different stocks and creates favorable conditions for international trade.
It is possible to manage the account in any of the ten major currencies. Moreover, Exante offers leverage (1:3) and.
Evaluation of a broker based on several criteria
- Reliability - the service is certified in Maltese and Cypriot jurisdictions. Thus far it has had no legal outfalls. It offers many withdrawal options and sets reasonable spreads. Cypriot legal entities can insure clients' accounts up to EUR 20,000.
- Ease of use - 5. The platform is intuitive and can be organized according to you needs
- Terms and Fees - 4. The fees and terms are transparent and are introduced in a timely manner.
- Client support - 3. While it operates 24/7, sometimes it takes multiple hours to receive a response.
- Availability of products - 5. Exante provides access to more than 50 markets and 400'000 different instruments.
- Degree of customization available to cliente- 5.
Exante online trading platform received 4. It is easy to use, has low commissions for financial operations and a wide range of markets. The service of support staff is a little distracting.
History of Exante
The company began offering brokerage services in 2011. Having developed its proprietary platform, it instantly became a significant player in the market. It was eventually able to establish the authorized capital at 50 million euros. The same year, Exante obtained a license to operate in Europe. Since then:
- In 2015 we were granted a second European permit.
2017: Exantech, Stasis and Comino are all set to open promising projects.
- In 2019, the company opens its Amsterdam office and receives its first Asian licensing.
- A record high number of traders are signing up on the broker's site in early spring 2020.
The company today has a highly developed network of partners. It has a strong partnership with HSBC, Alpha Bank and Bank of China. These banks offer clients special terms, conditions and benefits.
Exante: Financial instruments available to traders
It is possible to trade with more than 400'00 different instruments across a variety of asset classes. It is possible for a stock exchange to provide the best investment portfolio. ETF funds can be used for any type of financial strategy.
Additional instruments:
- Currencies. Have a look at more than 50 different currency pairs. Transactions are protected by the high reliability of our platform and the provision to leverage.
- Metals. Presence of tradeable metals - palladium (palladium), silver and gold.
- Futures. Great and extensive offer of futures contracts.
- Options. Filters allow you to choose the best option.
- Funds. Currently more than 200 different on the platform
- Bonds.
All instruments can be accessed from a single multi-currency account.
Exante online marketplace: Pros and Cons
The desktop version can be used on any of the most popular OS versions (Windows, Linux, iOS). The interface is available in 10 languages. It is not necessary to switch between accounts to conduct transactions on different floors. Drag-and Drop functions are available. Drag and Drop instruments into any window and all their information will be there. It is also possible connect the API system. Here are the disadvantages of Exante’s PC-version platform.
- The Chart window doesn't have many technical indicators.
- It isn't possible to add any third-party indicators to this program.
- Insufficient information concerning investment products
The company also developed a trading program, which runs on both PCs and phones. Its functionality somewhat resembles MetaTrader software. It is user-friendly, works quickly and allows for a wide variety of personal settings. It allows multiple financial accounts to be connected together. The disadvantages of the mobile terminal version:
- There is no stock market glass with limit orders.
For technical support, there is no need to chat online.
Chart analysis can be performed using only five technical indicators
Exante trading platforms can be downloaded mobile from Play Market (for Android Smartphones) and App Store(for iOS Devices).
Tariffs & terms of trade
Traders will receive a standard tariff that includes a commission of 0.022% of their turnover. This is without additional charges. The following trading conditions apply:
- Exante reserves every right to charge a transaction fee (no limits on financial or trading transactions).
- A variety of tools may be used.
- The maximum amount of the bet on the most famous exchanges in America should not exceed $0.02.
- The commission amount for trading on European stock exchanges ranges from 0.02 up to 0.18%. When trading on Asian Exchanges, the size of commission will be between 0.02 to 0.1%.
If a client is an unauthorized trader, has a total balance of over 5000 EUR, made his last transaction more then 6 months ago and has not opened one trade, a monthly commission of 50 EUR will be deducted from his account.
Comparison of Exante Interactive Brokers & Saxo Bank
These brokerage companies offer traders a range of services based in part on their official licenses from well-respected regulatory jurisdictions. They are comparable
Indicator/broker |
Exante |
Interactive Brokers |
Saxo Bank |
💸Leverage |
1:50 |
From 1:10 to 1:150 |
1:30 |
💳Montant of commissions |
0,02% of the turnover amount |
0,2% |
0,015% |
✋Management of trust |
Check out |
Check out |
Check out |
💰Minimum deposit |
€10,000 |
This restriction does not exist |
$10,000 |
📈Execution |
Execution in the Market |
Market Execution |
Market Execution |
💵Spread |
From 0.0 |
From 0.0 |
From 0.7 |
💱Markets |
50+ |
135+ |
170+ |
🎁No Deposit Bonus |
Not available |
Not available |
Not available |
Total
The company is safe and secured as is advocated by the various regulators it complies with and it provides a highly advanced technical solution. Using the platform you obtain a speedy access to Asian, European and American exchanges. Its terminal can be used on mobile phones and PCs. The terms and conditions, as well as the fee structure is transparent, however, if any questions arise – it is always possible to consult the support.