Broker | |
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Official website | |
Social media | |
Date of foundation | 2011 |
Head Office | 28 Oktovriou, 365 Vashiotis Seafront Building 3107, Limassol, Cyprus |
The owner of the company | EXT LTD |
Types of support | |
Support by phone | |
Languages | English, Spanish, Italian, German, Portuguese |
Terminals | Author's platform |
Min. first deposit | From 10000 EUR |
Broker fee | U.S. stocks $0.02 per share, London $0.05 per share, Toronto $0.02 CAD, metals $3, futures $1.5, cryptocurrencies 0.5% |
Threshold of entry | From 10000 EUR |
Authorized capital | 50 million EUR |
Trading volume | 2019 г. / 400 billion EUR |
Leverage | Until 1:50 |
Spreads | 0.3 points |
Free Demo Account | |
Adjustable | Yes |
Regulators | FRN№589898 CySEC№165/12 |
Licenses | Licensed CySEC No. 165/12 (Active) |
Bonuses | |
Types of accounts | Single account |
Methods of replenishment | Wire transfer |
Withdrawal methods | Wire transfer |
Types of assets | ETF StocksOver 10,000 shares from all over the world from a single account Currency pairs50 currency pairs MetalsGold, silver, copper, platinum and palladium FuturesMore than 500 types of futures contracts from commodities to bonds on markets such as CME, LIFFE, EUREX or FORTS Binary optionsOptions on multiple underlying assets Stock indices200 investment funds BondsAccess to the best exchange-traded and over-the-counter bonds and unlimited opportunities for portfolio diversification |
Account currencies | EUR, USD, Cryptocurrency, CAD |
Mobile Trading | |
Weekend trading | No |
Tournaments / contests | No |
Trader training | Seminars |
Trust management | Yes |
Fee for the use of the terminal | No |
Withdrawal fees | 30 €/£/$ |
Trading robots | Yes |
Asset management | Yes |
Managerial assistance | Yes |
Trade ideas | No |
Single account | Yes |
EIS | Yes |
Autosurvey | No |
Analytics | No |
Margin Trading | Yes |
Available Exchanges | NASDAQ, Moscow Exchange, Tokyo Stock Exchange, NYSE, Euronext |
Whose shares you can buy | Apple, McDonald's Corporation, Magnit, Tesla Motors, Rosneft, Rostelecom, The Coca-Cola Company, Surgutneftegas, Google, VTB |
Markets | The whole world |
Affiliate Program | RegistrationUp to 10 000 € for each referral |
Benefits | Single multi-currency account Large number of markets for trading Wide range of tools Demo account Prompt deposit and withdrawal of funds |
Disadvantages | Not the most reliable Cypriot and Maltese jurisdictions |
Company requisites | Legal name: EXT LTD Legal address: 28 Oktovriou, 365 Vashiotis Seafront Building 3107, Limassol, Cyprus |
Date of update | 02.03.2023 |
Overall assessment | 8.5/10 |
Exante is this a scam? Reviews and description
Exante is Malta Broker, founded in March 2011, offers trading with more than 20 currency pairs, precious metals, options, shares, stocks and ETFs through its own multifunctional platform.
The broker has a license of 2nd category issued by the Maltese Financial services Authority (MFSA), which qualifies it as a Fund Manager. Fund managers have the right to provide various investment services and keep clients’ money and their assets. MFSA is the sole regulator of financial services in Malta; the organization also manages the register of companies and is responsible for their listing.
Exante: Special Aspects
In order to open an account with Exante, Traders should invest at least $10,000. This minimum initial amount is high enough for the Forex market. Other European Brokers require less; for example, FCA-regulated Broker requires $50 from their clients as Start Deposit, and the Cyprus FXTM – only $5.
Exante: Spreads & Fees
The single account provides tight variable spreads, with an average of 0.3 pips on EUR/USD, but also includes a Fee of 0.5 pips per trade. So, basically, the average trading costs of ECN account holders is about 1.3 pips for EUR/USD pair (fee is included), which is the average figure for Forex market. For comparison, the Cypriot FXCM Broker costs $2 per lot and offers average spreads of 0.5 pips on EUR/USD on its ECN accounts (available from $500 of Start Deposit).
Exante: Maximum Leverage
The maximum leverage offered by Exante is set at 1:50, which is considered low; however this Broker is clearly aimed at large investors with capital who do not need high leverage levels.
If you are looking for a popular MetaTrader 4 (MT4) you will not find it in Exante. Instead, the Broker has developed its multi-functional automated trading platform. It provides fast, stable and reliable work with Apps using its FIX tools.
You can trade indices, commodities, currencies and even Bitcoin directly in the browser: there is an application for PC (Windows, MacOS or Linux) and mobile App for Android and IOS devices.
The platform offers Click-Trade module, where you can instantly place a bet or place an order at a market price. Real-time Market Depth option is also available.
Exante also provides API integration and support, as well as multi-product portfolio management from a single trading account.
Exante: a Scam?
Exante is a professional Broker that is regulated by immense organizations and fulfils its obligations to clients in terms of service provision and compliance with all trade and business rules. The reliability of this Broker can be well traced by a fairly long time period and number of Traders chose Exante as their Broker for trading. Advanced security technologies and high quality services are appreciated by great number of users.
Exante: Deposit & Withdrawal Methods
Unlike most brokers, Exante does not offer a variety of deposit/ withdrawal methods. Broker provides only Bank transfers.
Exante: Regulator
As a serious investment company regulated by the EU, Exante is also subject to MiFID directives. In order to comply precisely with the requirements of the Directives, Exante is provided with all necessary documentation, procedures and regulations. Exante supports the execution of requirements of the Directives, providing a wide range of services that contribute to implementing the Directive requirements by partners and, consequently, reducing costs.
The office of Malta financial regulation and supervision fully controls the compliance of the Malta investment firms with the Directive requirements.
Conclusion
Exante is an authoritative Malta Broker that focuses primarily on institutional clients and Traders working with large volumes, and on trading from its own platform which also provides connectivity to a variety of stock exchanges. To summarize, here are the advantages and disadvantages of this Broker: a very professional company, with excellent responses and reputation. Among the disadvantages are the limited options for deposit and withdrawal operations and the inability to use the popular trading tools. Overall, Exante Broker meets the strong requirements of highly specialized clients and can definitely be recommended for use, but only for specific purposes.
Reviews
- In ascending order of rating
- In descending order of rating
- New ones first
- First the old ones
- Popular ones first
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Rate your review 1+10Exante is intervening client accounts
Huge slipages are occuring on market orders, SL , TP fillings be aware of that
Positive- Wide range of assets
Minuses- They are intervening your accounts
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Rate your review 1+10Good article
Yes, the article says it all correctly. I read a lot of things, for example, it’s true here
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Rate your review 1+10Hemorrhoids
The first time they existed, the main problem was bad software. Constant updates, when one thing was fixed, another fell off. As a result, one could was to get blown up on the spot — where everything was working before the upgrade, there would be some kind of an ambush. I lost several thousand dollars… Read more
Positive- An average brokerage firm.
Minuses- It is possible to get "blown up" on their software.
- You can't do reports for the IRS.
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Rate your review 1+10employee feedback
Hello everyone, I want to share about Exante kitchen and leave my feedback about the company
They are cheating not only clients but also their workers. If you are going to invest and play, you will lose everything on the long term, only large funds win.
I do not recommend to get involved. -
Rate your review 1+20Even their employees are cheated out of...
Even their employees are cheated out of their salaries, not to mention clients, be careful before messing with forex, large funds win on the long term, and ordinary individuals lose everything
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Rate your review 000Exante gives the opportunity to use a...
Exante gives the opportunity to use a unique platform without payment and use of the account. The account is multicurrency with the possibility of replenishment in rubles.
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Rate your review 000I like the fact that the Exante...
I like the fact that the Exante platform works without freezing. I haven’t lost any money due to technical failures. Everything works great. Convenient interface, all tools at hand, there is a search by ticker or ISIN. Russian-speaking support service.
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Rate your review 0+10I like to trade currencies with Exante
I like to trade currencies with Exante. Low spreads, multicurrency account that I can deposit in rubles. The withdrawal fee of 30 euros is quite acceptable.
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Rate your review 000The initial deposit, of course, is a...
The initial deposit, of course, is a bit large — 10,000 euros. But firstly, Exante is oriented to professionals, and secondly, the payoff is in the form of perfectly developed platform and transparency of transactions. I have been trading with Exante for almost 2 years. I like everything.
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Rate your review 000Exante is a godsend for professional traders
Exante is a godsend for professional traders. Almost all world markets, own trading platform, its development and support on the side of the company. Before opening the live account you can use the demo: exante.eu/trade. The activity is regulated by the European Union Directive (MiFID).
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Rate your review 000Transparent trades, no slippage, no manipulation of...
Transparent trades, no slippage, no manipulation of my funds. All this speaks only in favor of Exante. This is the best broker I have worked with so far.
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Rate your review 000I have never had any problems with...
I have never had any problems with withdrawal. I replenish my account and withdraw money via bank transfer, everything works fine. Technical support is at a high level. The manager helps in solving the issues that may arise. The commission rates are reasonable. Exante is an excellent company.
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Rate your review 000Great company, I've been trading since early...
Great company, I’ve been trading since early 2019. I withdraw money via bank transfer in just 1-2, the commission is acceptable. Personal manager is always in touch + tech support — round the clock.
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Rate your review 000Not a small breed of entry 10k...
Not a small breed of entry 10k euros, but it’s worth it. I enter in stocks and futures from one account, and there are also bonds, fund, etc. It’s convenient that the total P&L
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Rate your review 000A normal broker with support in Russian
A normal broker with support in Russian, a wide range of instruments and a convenient trading platform
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Rate your review 1+10They throw selectively when there is an...
They throw selectively when there is an opportunity. I got 25k euros.
At the end of 2016 I opened an account at Exant and funded it. Started trading.
Always after a withdrawal request, the manager demanded to take a call. This never happened easily. There were always questions — why I was withdrawing… Read more -
Rate your review 1-10They are scammers. I have not been...
They are scammers. I have not been able to collect 25k euros for two years;
At the end of 2016 I opened an account at Exant and funded it. I started trading.
Always after the application for withdrawal of funds the manager demanded to take a call. This never happened easily. There were always questions… Read more
Exante reviews
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