EXANTE Review

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Founded in 2011, EXANTE is a next-generation investment company that provides you with access to various financial services, focusing on international financial markets. The broker gives you direct access to an impressive choice of over 400,000 financial instruments across various global markets including Stocks, ETFs, Forex, Metals, Futures, Options, Funds and Bonds – in the US, European Union, and Asia-Pacific. They provide you with an innovative, powerful and proprietary trading platform that is available in desktop, web, and mobile versions. EXANTE focus on providing you with the most comprehensive market coverage at competitive prices. I found them to offer the largest number of markets among any of the top brokers in Europe.

Summary

Operating from London, the United Kingdom, EXANTE is an online broker that is built on the core values of innovation, transparency, security, and quality. EXANTE provides you with a huge range of financial instruments for trading with industry leading conditions that includes an all in one trading account, intuitive trading platform, low fees, advanced trading tools, educational resources, dedicated account manager and the services of a knowledgeable client support team. The minimum deposit for the basic individual account is 10,000 EUR and 50,000 EUR for a corporate account. I found this to be significantly higher than most brokers. IG are an excellent broker and they only require a $250 deposit to get started.

EXANTE provide banks and major financial organisations, asset/wealth managers, prop traders and other institutional investors with a multi-asset trading platform, transparent reporting, priority customer care and dedicated account management. You can match your needs against the industry leading EXANTE broker services. Over the years, the broker has won several industry awards which I feel is a testament to the quality of their service.

Trading Conditions

The broker has a fast and secure trading with a network of 1,100 servers around the world to help ensure the lowest latencies and safe data transfer. Algorithmic traders can use the FIX 4.4 protocol to transfer data, get quotes and enjoy fully automated trading. You get global market access with maximum security and minimal latencies. With EXANTE you really can experience a new level of quality in trading. I found the trading conditions to be on par with HYCM.

EXANTE was created by professional traders and for professional traders. They are one of the brokers that actually use their own products themselves because they believe that they are the only products in the market that work the way professional traders want them to work.

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AvaTrade is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

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Regulation

EXANTE is a financial and technological company with ten offices in Europe and Asia and over 500 employees. The business is regulated by European law which ensures the corresponding safety and protection standards.

EXANTE Limited is incorporated as a Limited Liability Company under Cyprus law, with the registration number HE 293592. EXT LTD is authorized to provide the Investment Services by the Cyprus Securities and Exchange Commission (CySEC).

Trading with a regulated brokerage firm such as EXANTE can help to you the peace of mind that you are using a reputable company that must abide by strict rules and regulations that have been put in place to protect investors. They should operate with the upmost transparency and fairness, which gives me comfort that my funds will be safe.

Countries

The broker offers its services to residents of countries and jurisdictions where the use of such services would not be contrary to any local laws or regulations. If your country is not accepted, you can find an alternative using our broker comparison tool.

Platforms

EXANTE Web Platform

EXANTE Platform

The broker provides you with the EXANTE platform, an in-house-developed platform that gives you direct access to all financial markets and instruments from a single multi-currency account. You can buy and sell 400,000+ assets, including stocks, ETFs, bonds, options, futures, metals, and currencies, in just a few clicks. The trading platform is built with a network of servers across the world to help ensure some of the lowest latencies and safe data transfers.

The trading platform works on every device: trade on the web, desktop applications for Windows, Mac OS, or Linux, or straight from your iOS or Android smartphone. Multiplatform support lets you keep track of your positions on the go and trade on any device.

I like the fact that I can easily access everything from one user-friendly platform but would like to see them incorporate MetaTrader as it is my platform of choice. If you are a MetaTrader user then you may want to consider Pepperstone instead. Both brokers have the MT4/MT5 platforms.

EXANTE App

EXANTE Platform Features

• Account’s balance
• Trade activity
• Real-time market data
• Position overview
• Current orders and historic order overview
• Bond screener
• Click-trade function
• Transfers between accounts
• Overview of transaction history

HTTP API

Use the HTTP API to design sleek, fast and data-rich financial apps. From smart messenger bots and option strategy advisors, to market analysis and trading apps, websites with stock tickers and wholesale trading solutions. Build next generation applications, feed your trading strategies, and visualize market quotes — all by tapping into the ultimate market data source.

FIX API

To algorithmic traders, they offer the opportunity to trade via FIX API. EXANTE support a FIX 4.4-based API that enables data transfer, quote retrieval and full-scale trading automation. Enjoy the opportunities the automation offers. You do not have to limit yourself by using the trading UI only. FIX API and HTTP API connection is provided for free (available to clients with at least 50’000 EUR or equivalent in deposit). If you need FIX API trading, Global Prime are one of my other top choices.

White Label Solutions

The broker has tailored technological solutions for institutional clients, including brokers and asset managers. They provide access to quotes from over 50 markets, software kits for brokers, and many other tools.

Excel Integration

They have instruments for professionals, as well as for the beginners in algorithmic trading. They provide integration with MS Excel®, thus everything that you require to become an algorithmic trader henceforward is a couple of spare hours and basic knowledge of VBA away.

Tools

There are no standalone trading tools on the broker’s website at the moment but that is not really an issue due to the fact that I think the EXANTE platform has enough trading tools already built into it already for the average trader. If you are looking for increased trading capabilities, then you may want to consider the API trading solutions. If you want lots of trading tools, Markets.com have an excellent selection.

Education

EXANTE’s website contains some learning resources for you to browse, including trading guides, news, press releases, and an FAQ section that answers some of the common questions that you may have. There are some trading guides on the brokers website that contain everything you need to know to use EXANTE platform most effectively. The market insights section has frequently updated articles that explain what is happening in various markets. I found these can be used to help inspire possible trade ideas. I would also look at ActivTrades as they provide comprehensive market analysis and one on one training if this is something you would find helpful.

Markets

You get direct access from a comprehensive account to over 400,000 instruments ‒ stocks, ETFs, bonds, futures, options, metals and currencies. You can even request more instruments and they will look to add them within 24 hours. They have the largest number of trading instruments that I have seen from any broker that I have reviewed over the years. They are up there with TMGM who have a generous selection of more than 15,000 global markets.

However, they dont provide crypto trading. If you want to trade cryptos, then I would consider Vantage as an option. You can also check out our best crypto brokers for other alternatives.

Bonds

Get interest from bonds and profit from price changes at a time. EXANTE offer a unique set of government and private bonds. With them, you get access to prime bonds with limited issue (both exchange-traded and OTC) and get unlimited opportunities of portfolio diversification. EXANTE allows you to trade both private and corporate bonds with fees starting at 9 bps for a range of bonds (i.e. both European and US Corporate/Government bonds).

• Wide selection of Exchange-traded & OTC bonds
• Diversity and risk management with State & private bonds
• Timely interest pay-out

Funds

You can get online access to hundreds of hedge funds in the Hedge Fund Marketplace using the same account and platform that you do for trading other instruments. Clients can choose to invest into funds with a single click and monitor positions in the real time. Discover established and promising global funds from one account without needing to leave your workstation.

• 200 Funds to invest in
• Various fund strategies
• Reliability and security

Options

You can search, analyse and access options traded on markets from Chicago to Osaka. The online trading platforms and tools ensure an intuitive layout with carefully calculated Greeks, implied volatility and helpful filters that enable you to implement precise targeting.

• Various options on versatile basis assets (270,000+)
• Most frequently used metrics (Greeks & IV)

Futures

You can get access to future exchanges across the globe without any need to compromise on quality. You can trade exactly what you want and when you want. You can choose to hedge risks with the wide range of futures contracts, take advantage of the single-account trading model and benefit from a plethora of trading tools. The broker has a great selection of over 500 futures varieties ranging from commodities to bonds on markets such as CME, LIFFE, EUREX or FORTS.

• 30+ Global futures markets
• 100% Real-time prices
• 10 ms Fast execution with ultra-low latency
• The main US exchanges charge from $1.5 USD per instrument
• The exception is futures trading on ICE Intercontinental Exchange where the maximum fee is $2.5 USD
• Options trading on ICE will entail a charge from $1.5 USD per instrument
• Futures trading on the main European Exchanges has a fee of 1.5 EUR per instrument
• DGCX: 2 USD per instrument
• HKEX: 22.54 HKD per instrument
• OSE: 20 JPY per instrument
• ASX: 1.5 AUD per instrument
• SGX: 2.5 USD per instrument

Precious Metals

With EXANTE, you can trade precious metals without needing to physically own them. They allow you to invest in metals such as gold, silver, copper, platinum, and palladium, via multiple instruments including Futures, Options, Spots and ETFs. This ensures that you can look to take advantage of flexible and secure trading. It should be noted that precious metals are available as spot traded commodities, with over 10 forex crosses.

• Trade gold, silver, copper and more
• 100% Real-time prices
• 10 ms Fast execution with ultra-low latency

Stocks & ETFs

It is easier than ever before to trade stocks online. EXANTE give you access to trade a huge range of more than 10,000 stocks from all over the globe, via one trading account. Whether it be established companies or new IPOs, US or EU exchanges, there is something for everyone to build their own personalised portfolio. The broker also provides you with access to a unique selection of exchange traded funds (ETFs). An ETF is a type of security that tracks an index, sector, commodity, or other asset, but which can be purchased or sold on a stock exchange the same way a regular stock can. I am more of a forex and crypto trader myself but can certainly appreciate the diversity of the product range they have.

• 10,000+ Stocks
• 50+ Financial markets
• 100% Real-time prices
• The maximum rate on the main US exchanges is $0.02 per share
• On European exchanges, the fees vary from 0.02% to 0.18%
• Trading on major European exchanges, such as Euronext Brussels or Euronext Paris, is subject to a 0.05% fee
• EXANTE also grants access to major Asian exchanges, with fees ranging from 0.1% on the Tokyo Exchange to 0.1927% on Hong Kong Exchanges

Forex Trading

EXANTE have over 50 major, minor and exotic currency pairs which you can trade with sensible leverage in a transparent and straightforward manner, via innovative trading platforms. Forwards and Swaps are also available on the fx currency pairs. If you want to trade currency pairs, live market spreads start at 0.2 pips. Keep in mind that for holding the negative position in cash you will be charged interest, depending on the currency of the position. Overnight fees apply to short positions and FX. They depend on the market and are constantly changing. I found the spreads to be very good and on par with the best forex brokers.

• 50 Currency pairs
• 100% Real-time prices
• 10 ms Fast execution with ultra-low latency

If you plan on trading forex using strategies that require the lowest spreads at all times, IC Markets and XM Group have spreads from just 0.0 pips on major currency pairs.

Accounts

EXANTE have an all-in-one trading account. Trade in the US, EU, Asian markets and beyond — from your all-in-one multi-currency account. EXANTE offers two different account types: individual and corporate accounts. The major difference between the accounts is the minimum deposit requirement: while Individual account requires a minimum deposit of 10,000 euros, Corporate account requires a minimum deposit of 50,000 euros. There are no account maintenance fees, with commissions only for trading and withdrawals. You can open both separate private and corporate accounts with EXANTE.

The minimum deposit is very high compared to other brokers. This tells me that they are only looking to attract professional clients. If you want to make a small investment just to get a feel for trading online, Fusion Markets have a minimum deposit requirement of just $1.

Demo Account

Once you register at EXANTE you automatically open a “Demo” account with them. In essence, the demo account offers virtual €1,000,000 so you can practice your trading skills and try your strategies. When you feel ready to do so, you can make the simple switch over to a live account. There are no documents needed to open a demo account. Simply sign up and set a password. You can request to have the balance changed at any time.

Support

The EXANTE customer support team are available 24/7 to respond to clients’ trading inquiries. The support team can be reached via the following contact channels: telephone, email, online form, and social media. You get a dedicated manager from day one – your personal EXANTE guide and entry point for trading issues, OTC deals, customisation requests and more. From my experience, I found the broker to be prompt and polite when responding to a variety of questions that I put forward to them.

The EXANTE team is made up of more than 500 IT and finance specialists from all over the world, each contributing their own expertise to provide you with the highest quality of service available.

Funding

The broker currently only accepts bank wire transfers for account deposit and withdrawal purposes as it’s the most secure way to deposit and withdraw significant amounts of money. They also accept transfers via Revolut and Transferwise, upon providing proof of holding an account with either of these companies. Withdrawal of funds directly to a credit card is not supported.

The broker supports an excellent range of the following currencies for deposits and withdrawals: GBP, USD, JPY, EUR, CHF, CZK, RUB, SEK, CAD, HKD, MXN, PLN, NOK, SGD, AUD. This is advantageous because if you use a currency that is the same as your EXANTE account, you should not have to pay any conversion fees.

There is a 30 euros withdrawal fee, or the equivalent in another currency. Please note that additional fees may be charged by intermediary banks when the money is transferred to a non-European bank. EXANTE bears no responsibility for such fees or their amount. Also keep in mind that funds transfer to another broker’s account incurs a fee which is different from the standard withdrawal fee. Transfers to EXANTE are not charged from the side of the broker. No fees for transfers between your own accounts and subaccounts within EXANTE.

EXANTE does not limit the amounts clients can withdraw from their accounts in any way. There is no minimum amount for withdrawal, while the maximal amount is naturally limited by the amount of free funds currently available on the account.

I am slightly disappointed by the lack of funding options but understand the reasons. If you want more choice, FXPRIMUS have a great selection of deposit and withdrawal options.

Conclusion

Headquartered in London, United Kingdom, EXANTE is an international brand name established in 2011 that offers through its regulated entities global multi-asset financial services, including direct access to a wide range of financial markets in the US, European Union and Asia-Pacific. I like that the broker provides online trading access to over 50 markets worldwide with a huge selection of 400,000+ financial instruments, very impressive! They offer both individual and corporate services with vast opportunities for you to grow with them. You get access to dynamic trading tools and extensive IT infrastructure with over 1,100 servers that make EXANTE a powerful industry leader in my opinion. They are self-made, which means they are flexible and you can contact them for tailored solutions if you want to remove limitations for your business.

€10,000

EXANTE is a multi-asset brokerage firm for professionals that offers direct access to trade 400,000+ financial instruments over 50 financial markets through one account via sophisticated trading platforms.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

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