• EXANTE BROKER REVIEW

    Exante is a global brand and trading platform that offers direct market access to more than one million financial instruments from a single multi-currency account.

     

    Exante mobile app

    RATING

     

    Overall Rating: 4.5/5

     

    The following indicators are used to analyse this broker and the services it offers:

     

    Reliability: 5/5

    Trading instruments: 5/5

    Convenience of the trading platform: 3/5

    Technical support: 5/5

    Convenience of withdrawal: 4/5

    Cost of services: 5/5

    Overall score: 3.5/5

     

    The investment firms operating under the Exante brand are licensed by reputable regulators of financial markets, including the FCA, SFC, and MFSA. Exante's trading platform offers access to more than 50 stock exchanges all over the world, allowing investors to trade in markets from Hong Kong, Singapore, the US, Europe, and more.

     

    Let's take a closer look at Exante.

  • TRADING PLATFORM FEATURES

    The Exante trading terminal offers a wide range of features that make trading efficient and smooth. Here are some of the things you can do with the trading terminal:

    • Have access to more than one million financial instruments.
    • Find Bonds in the specialised Bond Screener module.
    • View detailed information on trading instruments including trading schedules, overnight rates, margin requirements, short allowance, underlying assets, exchange specifications, and more.
    • Get access to real-time and historical data as well as raw tick data.
    • Set Price Alerts on different conditions.
    • Place orders of different types and/or durations, including Trailing Stop, Iceberg and TWAP, Take Profit / Stop Loss orders.
    • Trade from multiple accounts at once using the Multi-Account Trading feature.
    • Use the Exchange module to convert your cash in just a few clicks.

    One of the important criteria when looking for a broker is the range of financial instruments on offer. Exante offers access to more than one million financial instruments, which include stocks and ETFs, currency pairs, bonds, options, funds, futures, and metals. Traders can enjoy a single multi-currency account and opt for a demo account when signing up.

     

    Bond Screener

    The Bond Screener module is a great option for traders to find bonds and filter them according to multiple parameters at once. Bonds can be searched according to name (ticker), description or ISIN, as well as screen up to 300 bonds from the same window. You can filter data in columns, add or remove columns, and add items to a watchlist.

     

    Basket Trader

    The Basket Trader module allows you to collect a portfolio of assets and jointly execute them as Market orders. Choose the quantity for each instrument and the side of the trade, and set a multiplier for the basket's overall volume. To perform a trade, click Buy or Sell. With the Basket Trader, you can see the name of the instrument, the default currency, the number of outstanding bids, the bid price, the ask price, and more.

     

    The Portfolio module

    The Portfolio module allows you to easily view and manage all open positions and all working orders. The information is updated in real-time and displays all the positions you have opened and their primary information.

     

    Other modules

    There are many other modules offered by Exante's trading platform, including Click-Trade, Order, Margin Report, Trade Blotter, Watchlists, Market Depth, Option Board, Price Alerts, and more.  

  • Financial instruments

    One of the important criteria when looking for a broker is the range of financial instruments on offer. Exante offers access to more than one million financial instruments, which includes stocks and ETFs, currency pairs, bonds, options, funds, futures, and metals. Traders can enjoy a single multi-currency account and opt for a demo account when signing up.

    Stocks and ETFs

    Stocks are one of the most popular financial instruments offered by any decent broker. Exante's trading platform offers stocks from some of the most popular exchanges in the world, including the NYSE, NASDAQ, TSE, and LSE. Exante offers more than 30,000 stocks and ETFs and has more than 1,000 servers around the world to ensure the lowest latencies and safe data transfers.

    Currency pairs

    theExante offers traders access to over 50 currency pairs with live market spreads that start at 0.2 pips. Traders can take advantage of th volatility of the currency market with the possibility of profiting from exchange rate fluctuations. With fast execution times and reliable trading, Exante offers a safe trading environment for currency pairs.

    Futures

    Traders can speculate on the future price movements of various financial instruments with over 500 types of futures contracts. With Exante, traders have access to global futures exchanges with 100% real-time prices with ultra-low latency. Whether it's futures, oil, or currency, traders have access to global markets like JKEX, Eurex, and SGX.

    Options

    Options trading is a very popular strategy for traders who want to diversify their portfolios. With Exante they have access to thousands of options on stocks, futures, and interest rates. This allows them to capitalize on market movements and use various trading strategies to their advantage.

    Funds

    With access to more than 200 funds in Exante's Hedge Fund Marketplace, traders can invest in the largest hedge funds from a single multi-currency account. The platform allows you to monitor your positions in real-time and invest with a single click.

    Bonds

    With access to thousands of bonds, Exante's trading platform offers trading in one of the most low-risk instruments in different markets, with a custody fee of only 0.3% per annum. Traders can choose private or government bonds of different countries for proper portfolio diversification.

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    History

     

    Exante has been offering its customers securities investment services since its foundation in 2011. The company was founded by professional market participants and its formation began with the release of a trading application, which later became the only service for trading operations of customers.

     

    The brand has quickly grown into a large broker that provides a wide range of trading and exchange tools for successful investing or trading. Exante is one of the few brokers in Europe providing the largest set of markets available for trading. The main stages in the development of the company are as follows:

    • 2010 - The desktop trading platform is launched.
    • 2011 - The Exante brand (owned by XNT LTD) is officially launched.
    • 2012 - The second Exante company, EXT LTD, receives a license from the Cyprus regulator;
    • After 7 years, the company enters the Asian market with the opening of a representative office, XHT LTD, based in Hong Kong and supervised by the Hong Kong Securities and Futures Commission.

     

     

    Licenses and awards

     

    Exante is a family of brokers and the brand is owned by XNT LTD. The brand is used as a trademark for several licensed investment firms worldwide, that hold licenses with various regulatory bodies.

     

    Licenses

    1. CySEC (License number 165/12): The Exante brand (under the legal entity EXT LTD) is approved by the Cyprus Securities and Exchange Commission. The regulator is considered one of the first-order supervisory authorities.
    2. MFSA (License number IS/52182): The Malta Financial Services Authority has issued a license to XNT LTD, Exante's holding company.
    3. SFC (License number BNN565): The investment company is licensed by the Hong Kong Securities and Futures Commission, in one of the largest financial centres of the Asian continent - Hong Kong. The brand operates under the legal name HXT LTD and is subject to the laws of the region.

    Awards

    Exante has received multiple prestigious industry awards from renowned rating agencies and publications. Important recognitions in the field include:

    • "Best Platform" and "Best Broker" with the Digital Investment Company Award, which evaluated the quality of the company's work with its clients in social networks and the volume of its presence on the Internet. The main competitors were other well-known Western brokers such as Saxobank and InteractiveBrokers.
    • Winner of the 2020 Brokerawards Investment Award.
    • "Best Trading Platform, 2019" from international financial publisher Global Banking and Finance Review.

    These victories, where the main rivals are some of the largest brokerage companies in the world, prove Exante's dedication to its clients.

  • Trading platform

    To execute trades on securities or currency, you need a trading terminal, through which the client transmits orders for transactions to the broker. Exante has completely improved the trading platform and offers only its own application. The trading service is available on desktop, the web, and as a mobile app.

     

    Traders can expect some of the best order execution times on the market, as Exante has a network of over 1,100 servers around the world to ensure safe data transfers and low latency. This shows Exante's dedication to providing its traders with the best technology available.

     

    There are two APIs available to traders. The HTTP API is ideal for designing fast financial apps and can help traders build smart messenger bots, market analysis apps, strategy advisors, and more. The FIX API allows traders to link third-party applications for algorithmic trading. This API allows for data transfer, quite retrieval, and full-scale trading automation.

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    Desktop trading platform

    The desktop trading application is a powerful platform that allows for a lot of customisation and comes with powerful reporting capabilities. The desktop version is ideal for traders who prefer the full trading experience.

     

    Features

    • The application is distributed to all clients free of charge (no subscription fees - many trading platforms for working with markets are offered by brokers with a subscription fee - Atas or, for example, Quik);
    • User-friendly navigation;
    • A modular design that with a lot of customisation abilities;
    • Instruments are sorted by stock exchanges: first, the market name is specified, then the tab opens a list of all securities traded on the exchange;
    • Advanced charting capabilities with multiple views including bars, lines, and Japanese candlesticks;
    • Unlike the mobile app, the desktop app has a wide range of technical indicators to analyse market trends.
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    Mobile app

    Features

    • Available on Android and iOS;
    • User-friendly and intuitive navigation that requires no additional training;
    • Available in 7 foreign languages;
    • Charts can be plotted on 13 timeframes (from 1 minute to 1 month);
    • A price signal can be created for the selected symbol;
    • Fund transfers between accounts are available (some brokers restrict internal transfers between accounts);
    • Strict security measures to protect user data and transactions including two-factor authentication.
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    Web app

    Features

    • Robust security features with two-factor authentication;
    • Powerful search functions to easily find instruments;
    • Traders can execute market, limit, stop, and a range of other advanced order types fast;
    • Traders can set up alerts and notifications to keep track of changes in their portfolios;
    • Customisable features that can be tailored to each individual trader;
    • Portfolio and fee reports to give traders an overview of their investments and associated costs;
    • Doesn't rely on your browser and HTP protocol so trades are processed faster.

  • EXANTE FEES 

    Exante broker commission

    Exante is very transparent when it comes to fees. Their fees only apply to actual trades and the size of the minimum trading unit depends on each instrument. All fees can be found on Exante's website. Here's a breakdown of Exante's fees:

     

    • Account opening: None
    • Account withdrawal: 30 EUR
    • Account management: None
    • Margin trading: No fee (if utilisation is below 100%)
    • Bond holding: 0.3% per annum
    • Inactive account fee: 50 EUR/GBP per month
    • Stocks and ETFs: From 0,02 USD
    • Currency pairs: From 0.3 spread
    • Futures: From 1.5 USD
    • Bonds: From 9 bps
    • Funds: From 0.5%
    • Options: From 1.5 USD

    Deposit and withdrawal

    For deposits and withdrawals, Exante offers only a bank transfer by card or account which is considered the safest way of money transactions. This method is also fully compliant with and supports the KYC (know your client) policy that all financial companies must comply with if they are operating under the law.

     

    Note that the minimum opening deposit for individual clients is 10,000 EUR and 50,000 EUR for corporate clients. Withdrawal times depend on the issuing bank and may take 1-5 days. Withdrawal of funds comes with a fixed fee of 30 EUR/GBP.

  •  ACCOUNT OPENING

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  • Opening an account with Exante is easy and fast. Accounts are available to clients globally, except for the US and sanctioned countries. The process is entirely online with no need for a face-to-face meeting.

     

    The minimum amount required to open an account with Exante is 10,000 EUR (for corporate clients it's 50,000 EUR). There are different accounts available:

    • Individual accounts: Designed for solo traders
    • Joint accounts: Suitable for partners or family members who want to trade together
    • Corporate accounts: For businesses and institutional investors

    To open an account:

    1. Register online and complete the application form.
    2. Upload the required documents.
    3. Once verified, make the minimum account deposit.
    4. Start trading in over a million financial instruments.

    Exante's commitment to providing a seamless account opening process is supported by its robust customer support and its efficient processes. Traders are also supported by personal account managers.

  • CUSTOMER SUPPORT 

    One of the criteria for choosing a broker is reliable customer support, especially when the broker asks for rather high initial capital, like Exante. The main advantages of the company's customer support:

    • Clients are assigned a dedicated account manager for personalised support;
    • Customer service is available 24 hours a day, 7 days a week;
    • Multilingual support is available;
    • Customer support is available via phone, email, and live chat.

     

    Exante has a client-centric approach that assures assistance is available 24/7 to accommodate the nature of the global market. Along with phone and email support, Exante's live support feature on their trading platforms offers real-time assistance for quick responses.

     

    Personal account managers

    To further improve their customer service offering, Exante assigns personal account managers to each client. These account managers serve as a single point of contact for clients for all account-related queries, providing a consistent personalised experience. Managers serve as traders' entry points for trading issues, OTC deals, and customised service.

  • Conclusion

    Exante is a broker that takes a personal approach with clients, offering trading on more than one million financial instruments.

     

    Exante is ideal for experienced traders, as well as wealth managers and private investors. There are both individual and corporate accounts available and the platform offers direct market access to more than one million financial instruments.

     

    The only disadvantages of Exante's trading platform are the high initial deposit and perhaps the lack of third-party integration options on the platform. Compared to other brokerages, the number of markets you can trade with Exante is considerably higher. The tools and features are more complex and designed with professional traders in mind.

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    FAQs

    What is the minimum deposit amount for Exante?

    The minimum deposit is 10,000 EUR for individual clients and 50,000 EUR for corporate clients.

     

    What fees does Exante charge?

    Exante has a transparent fee structure with no monthly fees or subscription fees. Trading and non-trading fees apply, like withdrawal fees and commissions on trades. All Exante's fees are available on their website.

     

    Is Exante safe?

    Exante's licensed investment firms hold licenses with the FCA (UK), MFSA (Malta), SFC (Hong Kong), and CySEC (Cyprus). Exante upholds a strong regulatory framework and is committed to adhering to a high standard of financial conduct.

     

    How long does it take to withdraw money?

    Withdrawal requests are processed within one business day. However, the time it takes for funds to clear depends on your bank's processing times.

     

    What withdrawal methods

    Withdrawals are done via bank transfer only.

     

    Who can open an Exante account?

    Exante is available to individual traders and institutional clients in over 100 countries.

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