• EXANTE BROKER rEVIEW

    Exante is one of the largest European brokers, which opens to its clients access to different financial markets from a common, universal account: world stock exchanges or Forex. It has been presented since 2011 and is positioned as a prime broker.

     

    Exante mobile app

    RaTING

     

    Overall service rating Exante 4.5/5

     

    The following indicators are used to analyze the broker and the services offered.

     

    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.

     

    Broker Exante is a prime investment broker with licenses from reputable regulators of financial markets, by the level of the provided services the size of the initial capital (for real trading the trader needs to deposit on the account from 10000 EUR). The company provides access to more than 50 stock exchanges all over the world. This allows the investor to work with assets of such reliable companies and countries as Hong Kong or Singapore. Or with the traditional and most well-known stock exchanges in London or America. Only one platform is offered for trading - Exante's own development, which has both advantages and disadvantages in comparison with classical trading interfaces used by traders all over the world.

  • Financial instruments

    Markets

    One of the important criteria for choosing a broker, through which a trader can earn is considered a set of financial instruments. Their quantity and variety depends on stock exchanges, to which the brokerage company has access. Exante cooperates with 50 stock exchanges all over the world and offers the choice of investing into wide and various range of securities. One account for working with any kind of instrument: stock markets of the world or the foreign exchange market Forex, everything is available for the client.

    Stocks and ETFs

    Stocks are one of the most popular financial instruments offered by any decent broker. Here are the securities quoted on the most famous exchanges of the world - NYSE NASDAQ, the largest stock exchanges of Europe. Or, you can choose to deal with exotic exchanges such as the Hong Kong or Tokyo stock exchanges. Buy several lots of the same company or buy shares of ETF - a fund consisting of shares of different companies so that you do not have to buy them separately.

    Currency pairs

    One of the features of Exante single account is possibility of simultaneous trading of exchange and non-exchange instruments. The latter includes international currency market Forex. The investment company offers trading with 50 currency pairs. For portfolio diversification or short-term speculation during important news releases.

    Futures

    The investment company offers its clients access to trading more than 500 varieties of futures. The trader can choose in which market: LIFFE ICE - London International Financial Futures and Options Exchange or SGX - Singapore Stock Exchange will work with derivatives. And with contracts for what commodities: from raw materials to bonds.

    Options

    As Exante cooperates with many international markets on different continents, it can offer investors to trade options contracts on different platforms and with different commodities. Chicago options exchange - CBOE, New York commodity exchange NYMEX or ICE (LIFFE) are open to every trader working with the most volatile exchange instrument.

    Funds

    Investing from a single account in the largest hedge funds.

    Bonds

    Exante offers trading of one of the most low-risk instruments in different markets. Thus, customers can choose private or government bonds of different countries for proper portfolio diversification and stable coupon income.

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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 and strong 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 - launch of PC trading platform.
    • 2011 - the year of official foundation of Exante brand - the first company of the holding called XHT LTD is opened in Malta;
    • 2012 - The second Exante company - EXT LTD receives a license from the Cyprus regulator to conduct brokerage activities;
    • After 7 years, the company enters the Asian market with the opening of a representative office, XHT LTD, based in Hong Kong which is supervised by the Hong Kong Securities and Futures Commission.

     

    Licenses and awards

     

    A reliable broker, who can be trusted with money, should have licenses of controlling bodies and awards confirming their ratings and status.

     

    Exante licenses

    1. CySec. 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, with which the largest forex providers and brokers of Europe or the USA try to work. License number 165/12.
    2. MFSA - Malta Financial Services Authority has issued a license for brokerage activity to XNT LTD, a subsidiary of Exante Holding Company. The license number is IS/52182.
    3. Hong Kong Securities and Futures Commission. The investment company is licensed in one of the largest financial centers of the Asian continent - Hong Kong. Here the brand operates under the legal name HXT LTD, is subject to the laws of the region and has a license numberBNN565.

    Awards

    Exante regularly receives prestigious industry awards from renowned rating agencies or publications. Important recognitions in the field include the following:

    • "Best Platform" and "Best Broker" from 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 or InteractiveBrokers.
    • Winner of the 2020 Brokerawards Investment Award.
    • "Best Trading Platform, 2019" from international financial publisher Global Banking and Finance Review.

    The victories in the nominations, where the main rivals are the other largest brokerage companies in the world, prove the serious attitude of Exante to its activity and clients.

  • Trading platform

    In order 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 in three variations: web version, for desktop computer or mobile application.

    Desktop application.

    Although you can trade through the application, the platform has more features and possibilities for full-fledged analysis of trading chart and position opening on the desktop.

     

    Advantages of the application

    • 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 on the trading platform;
    • 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;
    • The chart is available in all basic views: bars, line, and Japanese candlesticks;
    • unlike the mobile app, the standard app has more than 30 basic indicators available for graphical analysis.

    The disadvantages of the service

    • no possibility to contact the support service (only in the personal cabinet);
    • no option to add third-party indicators or programs for chart analysis.

    Mobile App

    Available for all types of smartphones.

     

    Benefits of the app:

    • user-friendly and intuitive navigation that requires no additional training;
    • the service is 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;
    • the function of funds transfer between accounts of the same account is available in the application (many brokers restrict internal transfers between accounts and this option is only available in the personal cabinet on the broker's website).

    Minuses of the mobile app:

    • offers only 7 indicators for technical analysis;
    • there is no possibility to contact the support team via online chat;
    • there is no possibility to open transactions in one click;
    • you cannot top up your account (the option is available only in your personal cabinet).
  • Exante broker commission

    The investment company has set simple and transparent terms for fees. The fees do not depend on the type of market in which transactions are made, but on the type of asset for which the transaction is made and the volume of the contract to be opened.

     

    Type of operation

    Terms of Service

    account opening

    no fee

    account replenishment

    no fee

    account withdrawal

    30 EUR (irrespective of the amount)

    account management

    no fee

    margin trading

    no fee (if below 100%)

    bond holding

    0.3% per annum

                                                                                    

     

    inactive account fee

    50 EUR per month

    commerce

    equities and ETFs

    from 0,02 USD

    Forex currency pairs

    spread from 0.3

    Metals

    from 3

    futures

    from 1.5

    Options

    from 1.5

    funds

    0,5%

    bonds

    from 9 bps (basis points)

     

    Commissions indicated as a percentage are deducted from turnover, fixed fees in dollars are paid per open contract.

     

    Deposit and withdrawal

    Despite the fact that Exante offers forex trading, unlike other forex brokers the options for depositing or withdrawing funds are limited.

     

    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 KYC (know you client) policy that all financial companies must comply with if they are operating in accordance with the law.

     

    Important. Account replenishment is performed without charging any fees from the broker's side. The period of depositing depends on the issuing bank and may take up to 1-5 days. Withdrawal of funds from the account is carried out with a fixed fee of $30.

    Technical support

    One of the criteria of choosing a broker is high-quality customer support from company's specialists. Especially when the broker asks for rather high initial capital, like Exante. The main advantages of the company's technical service:

    • Each client of the company is assigned a personal manager who can be contacted with any questions;
    • Customer service is available 24 hours a day, 7 days a week;
    • multilingual support is available in 7 languages;
    • you can communicate with customer support specialists in your personal cabinet, via online chat on the website, by phone to the contact center.

    The company appreciates each client. Even after opening a training account, without depositing real money, the manager of the company will contact and provide the necessary advice on any issue.

  • Conclusion

    Exante - broker with a personal approach to clients, offering trading on exotic stock exchanges.

     

    Broker Exante does not chase a big flow of clients, as for example InteractiveBrokers, and offers individual cooperation conditions both for individual investors and for corporate clients. Sufficiently high for private traders or beginners start-up deposit excludes a part of users and brings to the company those who like attentive attitude. The company's brokerage service of open transactions or account transactions is also low.

     

    The main disadvantages of the company are considered to be: high initial capital and lack of choice in trading platforms. If these disadvantages are not central to choosing a trading partner, the company may be considered for stock markets. In particular, as the broker itself notes, they are more suitable for long-term investors than intraday traders or scalping enthusiasts.