Exante Review

MIN. DEPOSIT €10,000 - Ind; €50,000 - Corp
5:1 or 3:1
No BONUS
0 Users (0 votes)
Odds0
Services0
Support0

Overview

Company Information Exante is an online Forex trading broker that started its operation in 2011. Their headquarters are located in Malta, and the company is regulated by the MFSA and… more

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Details

Broker Exante
Website URL https://exante.eu/
Founded 2011
Headquarters Malta
Support Number +356 2015 0000
Support Email info@exante.eu
Support Types Phone, Live Chat, E-mail
Languages English, German, Spanish, Italian, Portuguese, Russian
Minimum 1st Deposit €10,000 - Ind; €50,000 - Corp
Minimum Trade Amount €1
Bonus No
Payout 5:1 or 3:1
Free Demo Account Yes
Regulated Yes
Regulation MiFID
Deposit Methods Bank Transfer
Withdrawal Methods Bank Transfer
Types of Assets Forex, Stocks, Futures, Bonds, ETFs, Metals, Funds
Account Currency AUD, CAD, CHF, EUR, GBP, JPY, NZD, RUB, USD
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Company Information

Exante is an online Forex trading broker that started its operation in 2011. Their headquarters are located in Malta, and the company is regulated by the MFSA and MiFiD. The company offers a very comprehensive list of trading instruments to all brokers who decide to join the platform. Forex, stocks, binaries, bonds, Bitcoin Funds and much more. Compared to other brokers in the industry Exante have made the effort to provide almost all available trading opportunities to their clients. Despite being in the industry for only a few years, they’ve already established a name for themselves. Many expert traders prefer this broker because it offers unmatched trading experience and very stable in-house built platform. With all the needed regulations and a list of markets that is still unmatched amongst competitors, this broker aims to please all expert traders. It’s one of the few that accept US traders. Let’s see if they had to sacrifice something to be able to do this.

Trading Information

Exante offers only one type of account with the very high $10 000 minimum deposit. In fact, there are just a few brokers that have higher minimum deposits than Exante. Another feature of this broker that might be a put-off is the very low leverage offered, only 1:50. What this means is that you’ll need a lot of capital to open large positions. As we already mentioned, there are a lot of trading instruments offered by Exante. Forex, Oil, Gold, indices, stocks, commodities, ETFs, mutual funds, bonds and whatever else you can think of that can be traded. Spreads are another feature that Exante excels at with some of the majors going as low as 0.1 pips (EUR/USD 0.3 pips, GBP/USD 0.9 pips, USD/JPY 0.4). There is no dealing desk with this broker which means deals can be made fast and hassle-free. Scalping and hedging are allowed, but there are no swap-free accounts. Features like a limit order, stop order, interest on margin, one-click trading, mobile and email alerts are available. For traders who look for automated trading, it’s also provided. There are also streaming news feed, research reports, and trade-off charts. The only thing that seems to be missing is the trailing stop order feature, but it should be available soon enough.

Trading Platforms

The people from Exante are very proud of their custom build platform, and it’s easy to understand why. The platform offers more than 35 000 trading instruments, and they are constantly updated throughout the day. It offers a very intuitive drag-drop function where you can easily customize your working environment. The modular structure allows you to modify all charts and remove the features that you don’t need. Maybe the best thing about such a platform is that it’s very stable, and bugs can be removed as soon as they are reported. Multi-account trading is supported and easy to use. This software works with any Windows, Android or MAC device. The automated trading platform is unique and offers you the opportunity to access all the markets you need from a single screen. People who like the Metatrader4 will like Exante’s platform as it has better graphics, better customization, and more markets than any platform in the industry.

Security and Customer Services

Security is most important nowadays with all the hacking attempts and stolen data reports. Exante has implemented a secure SSL connection on all the pages of their site making personal data theft next to impossible. However, they don’t have a segregated account option compared to other brokers in the industry. This might seem like a bit of a risk to traders who would like their funds separate from the companies. Customer support is excellent. There is 24/7 tech support for the platform and for any other questions that the clients have. Contacting the customer support is easy, and you can request a callback, call them on one of their dedicated phone numbers, write an email, use their Live Chat option or find them on social media (Facebook, Twitter, LinkedIn, Youtube). The site can be translated in 6 languages, and customer support is available in all of them.

Deposits and Withdraws

Now, as far as deposit and withdrawal methods are Exante have an e bit of work to do to simplify the process. The only available banking method is a bank transfer. While it’s the safest banking methods, it’s the slowest and with highest charging fees. This could be quite a problem for people who would like to operate with their funds fast and have instant access. Other competitors offer the prepaid card option which is becoming quite popular, and Exante should look into that. At least, transferring money between accounts is very quick and doesn’t require additional documents. There’s not much more to be said here about the banking options, except the fact that you would have to have a minimum amount in your account at all times for your account to stay operational.

Deposit Bonus and Loyalty Programs

Like many major online Forex trading brokers, Exante doesn’t offer any first deposit or loyalty promotions. With such a high requirement for a first deposit, they would have to risk a lot of funds for bonus promotions. Their policy is to be a broker for very serious players on the market, and such bonuses could ruin that reputation.

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