Errante is an online financial services provider that gives traders the opportunity to trade multiple financial instruments across different asset classes, including forex, metals, shares, indices, and energies, using the MetaTrader 5 trading platform. They provide traders with a selection of useful trading and learning tools and also have a knowledgeable client support team to assist them. The minimum deposit required to operate a live trading account is $50.
Pros / Cons
- Regulated broker
- Sophisticated & powerful MetaTrader 5 trading platforms
- Multiple financial instruments
- Economic Calendar & other useful trading tools
- Educational resources
- Various account funding methods
- No USA clients
- No MetaTrader 4 trading platforms
- Not the tightest spreads
- Restricted leverage
In this detailed Errante review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Headquartered in Nicosia, Cyprus, Errante is an online trading broker that has a combined trading experience of over 30 years. The brokerage firm is built on the core values of honesty, transparency, and integrity. They provide traders with the MT5 trading platform to enable them to get access to the global financial markets. Traders benefit from some competitive trading conditions, including deep liquidity from top tier banks, secure transactions, multiple funding methods, tailor-made account options, and more.
Errante is the trading brand operated by Notely Trading Ltd, with a registered office at 30 Karpenisiou, 1077 Nicosia, Cyprus and registration number [HE 394425]. Notely Trading Limited is an Investment Firm authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number [383/20]. Errante is governed by the Markets of Financial Instruments Directive (MiFID II) of the European Union.
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Errante offers services to residents of the European Economic Area. Errante does not offer its services and products to residents of certain jurisdictions, such as USA, Syria, China, Japan, North Korea, Iran, Belgium, and Canada.
Some Errante features and products mentioned within this Errante review may not be available to traders from certain countries because of legal restrictions.
The broker provides traders with the MetaTrader 5 trading platform, a popular trading platform that was launched in 2010 and has since remained one of the most widely used trading software. It is used by most forex and CFD traders all over the world 6 because of its wide array of built-in trading tools and advanced functionalities, which include over 38 technical indicators, 44 analytical objects, 21 timeframes, unlimited charts, and more. The MT5 trading platform is available in desktop, web, and mobile versions.
Errante Trading Tools
Traders are provided with some standalone trading tools to enhance their trading experience. These include Errante Margin Calculators and Economic Calendars that show scheduled market events and their expected impacts on the financial markets.
There is a good selection of educational resources on the broker’s website to help traders to make knowledgeable trading decisions and also keep them in the know on the factors that move the financial markets. They include educational videos, webinars, market analysis, an FAQ section, and more.
The broker offers the following financial instruments: metals, forex, shares, indices, and energies.
Errante Accounts & Fees
Traders are allowed to choose the account type that is most suitable for them from a choice of three different accounts. The account types and their corresponding minimum required deposits are as follows: Premium ($50), VIP ($5,000), and Tailor Made ($10,000) Accounts.
As broker fees can vary and change, there may be additional fees that are not listed in this Errante review. It is imperative to ensure that you check and understand all of the latest information before you open an Errante broker account for online trading.
The broker’s clients support team is available 24/5 to respond to traders’ inquiries via the following contact channels: telephone, email, Live Chat, online contact form, social media, or by visiting their headquarters in Limassol, Cyprus.
Errante Deposit & Withdrawal
Account deposit and withdrawal requests at Errante are processed using any of the following payment methods: bank wire transfer, credit/debit cards, and electronic payment processors (Neteller, Skrill, Sofort, and more).
Errante Account Opening
To open a trading account, click on the Register button at the top-right corner of the website and proceed to properly fill out the form, and hit the submit button.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Errante is a regulated online trading broker that offers multiple financial assets for trading on the MT5 trading platform. The broker makes available some useful trading and learning tools and also provides a customer support team to assist traders. There are multiple account options to suit all kinds of traders.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.