EXANTE Broker - reviews of traders, platform overview

 

EXANTE broker review

History reference

The EXANTE group of companies was founded in the summer of 2011 by businessmen Anatoly Knyazev and his partner Alexey Kirienko. Registration procedures have been completed in Malta. The brokerage company XNT Ltd was the first to receive the founding documents. The organization has successfully passed the MFSA licensing.

The following year, the partners founded the second division of EXANTE. This time, Cyprus was chosen as the place of registration. So the name of the broker EXT Ltd appeared in the register. CySEC carefully reviewed the documents and found no violations, so EXT Ltd received a license to conduct financial transactions. In 2019, EXANTE expanded into Southeast Asia. For the convenience of carrying out transactions with clients, XHK Ltd. appeared. The Hong Kong SFC license confirms the authority of the firm to trade in securities and futures.

Over a decade of fruitful work, EXANTE has earned more than thirty prestigious awards in the financial sector. In 2020 alone, she received the following awards:

• investment award;

• Digital Investment Company;

• Diversity in Finance;

• Investment Innovation Awards;

• Blockchain Awards.

All awards are established by the largest media resources with a worldwide reputation covering the topic of finance. Among them we can mention: the French edition of Financial Adviser and Global Banking and Finance Review.

Company products

Based in Europe, EXT Ltd serves clients as a broker. In financial markets, it operates under the popular EXANTE brand. Among the services offered by EXT Ltd there are not only exchange-traded financial instruments. Much attention is paid to modern means of payment, including on the over-the-counter market.

Exchange Instruments

EXANTE cooperates with more than 60 largest trading platforms in the world. Clients get the opportunity to invest in:

• shares of public companies;

• ETFs

• futures;

• bonds.

EXANTE also interacts with the Moscow Exchange, which allows you to conduct currency transactions through a special section.

OTC financial instruments

A single account opened with EXANTE provides access to OTC instruments. They are very attractive to investors, so they are in high demand. It is possible to carry out transactions for exchanges between the monetary units of different countries, more than fifty currency pairs are available for work.

Precious metals are always valuable, so transactions with gold bars and silver for EXANTE clients are carried out on exclusive terms. In addition to the above tools, the multi-platform for trading is configured to execute transactions with currency derivatives. Users regularly open swap and forward trades.

Business Solutions

Not only private investors use the financial services of the EXANTE group of companies. The broker regularly concludes agreements with legal entities, providing support in opening a new line of business.

Basically, cooperation is carried out according to the popular White Label business model, that is, the activity of a sub-broker. New partners of the company establish business in two to three weeks. They get the opportunity to offer the Exante trading platform under their brand.

Trading Platform Features

EXANTE offers users a unique trading platform for making exchange and OTC trades. It bears the Exante brand name and is developed by its own technical division. Clients can use three versions of the trading platform:

• for personal computers with operating systems Linux, Windows and MacOS;

• application for a mobile device;

• browser version.

Finance experts carefully examined each option and shared their findings.

Benefits of Exante desktop version:

• language support of the platform in ten languages, including Russian;

• a single brokerage account allows you to open positions for all types of exchange instruments;

• nice design with intuitive navigation;

• the most convenient functionality. For example, to switch to the instrument of interest, it is enough to activate it from the list and the chart immediately appears in the working area of ​​the trading terminal;

• analysis of individual markets is carried out with the help of special modules - option "board" and search for bonds;

• the platform provides the user with the ability to connect via the API protocol. This feature allows you to independently create and install automatic trading systems.

Along with a large number of positive qualities of the software, some shortcomings have also been identified.

Disadvantages of Exante:

• Few technical indicators are available in the Chart window. Today there are just under thirty. Even the basic version of the popular MetaTrader5 offers traders 39 built-in indicators;

• there is no possibility to supplement the database with third-party indicators.

The Exante app is available for mobile devices that support Android and iOS operating systems. The functionality is absolutely no different from the desktop version. All financial instruments and a single account are available to the user.

Advantages of the Exante mobile app:

• the terminal supports seven languages, including Russian;

• nice design, the most convenient navigation and simple interface;

• a wide choice of personal settings;

• thirteen timeframes (from one minute to a year) are available to the user to work with graphical analysis.

Cons of the Exante mobile app:

• there is no connection with the support service;

• only five indicators are built-in for graphical analysis;

• the order book mode is not supported.

Despite some shortcomings, Exante mobile software is very popular among traders.

EXANTE broker guarantees

Broker EXT Ltd, part of the EXANTE group, operates under the jurisdiction of ESMA (EU financial regulator) and Cyprus-based CySEC. The broker carefully monitors the implementation of the current legislation and follows in line with the established basic EU Directive for financial structures called "On the Markets of Financial Instruments".

Clients' funds placed on the broker's bank accounts are subject to the laws of Cyprus and are insured in a special fund. This allows you to count on compensation in case of unforeseen circumstances. The amount of compensation is twenty thousand euros.

Broker fees and trading conditions

The basic terms of trading with the broker EXANTE are presented in the table here.

The amount of the commission from the client includes payment for the execution of the order, the clearing fee and the exchange.

Replenishment and deposit

Operations for crediting funds to a brokerage deposit are carried out exclusively by bank transfer. Clients can make a transfer to a deposit in the following currencies:

• US, Canadian, Singaporean and Australian dollars;

• pesos;

• złoty;

• Swedish, Norwegian and Czech crowns;

• Russian ruble;

• Swiss frank.

For the execution of the request for withdrawal of the deposit, the client will have to pay a fee of thirty euros. EXANTE financial service makes the payment within one business day.

Demo account

The broker offers potential clients to try trading in real time. To do this, you just need to register on its official Internet portal. The user gets access to the terminal and a virtual amount of one million euros to open positions. Quotes are fully consistent with the current exchange, but with a delay of thirty minutes.

The support service solves complex customer issues around the clock and promptly answers calls. Each client receives a personal manager who is able to come to the rescue at any time. The fastest way to resolve issues is to use the online chat on the official website of the company on the Internet.

Comparison with competitors

The table will help you compare EXANTE conditions with the main competitors.

Reviews

Section contains Reviews about the Exante broker by real clients, which are useful to study before transferring money to the EXANTE brokerage deposit. Users who share their own experiences online will help clarify many questions.

These reviews have not been edited to eliminate grammatical and punctuation errors.

Alexander Filippov, May 10, 2021:

“The first of the pluses is a lot of instruments, plus most of the quotes are provided without payment. Paid ones are much cheaper than those of interactive brokers. As a disadvantage, I will take the ever-slowing platform. Although it is updated every five to seven days, it is of little use. Technical support does not decide for customers, but only kicks, blaming you. In the evening, a huge problem to shove an application. It can take several hours to perform, it really infuriates. You sit and look at the terminal as positive deals flow past you. And you can’t open a position because of the broker.”

Bogehemian rapsoudy, January 16, 2020:

“I have passed the conclusion. At 10 a.m. I placed an order, after an hour and a half the money left the brokerage account. The next morning I received a notice from the bank about the transfer of funds. We took a commission of thirty euros. Everything went great! let it continue like this, then everything is very good with the broker.”

Svetlana Toropova, July 2, 2020:

“I have been trading for over a year. I have already ordered a payment many times, it comes by central transfer in a couple of days. The commission is acceptable. Secure the manager plus 7/24 support on the battlefield.”

Irina Sokolova, August 3:

“The entry threshold is finally not weak - 10 to the euro, but it's worth it. Spinning on stocks and futures from one account. We added bonds and funds, the general P and L are normal. ”

Kirill Spiridonov, June 4, 2020:

“I definitely recommend it for the following reasons: - in one window there is the USA, all of Europe, Russia, plus bonds reach; - Russian-speaking support around the clock;”.

Corporal, May 26, 2021:

“I give it a very positive rating. So far the impressions are great. Everything goes without hidden fees, and those that are are not overpriced. Any transaction can be viewed through the archive or, in extreme cases, requested from a broker. Each report comes quickly, I personally ordered. In addition, there is immediately a ready-made package of documents for the tax office in order to pay income”.

Valens, April 8, 2021:

“The biggest problem for me is the deposit of ten thousand euros. such a minimum is yet to be found. But otherwise there are no problems. The broker has been known on the market for a long time, the reputation is solid. All work is well organized, so you can safely work in plus. What is very important for experienced traders is that there is no need to be distracted by trifles.”

Independent evaluation based on five criteria

Completes the review of the broker with an independent assessment of the service and services. The maximum score is ten points.

Output

Having studied all the information available to us about the EXANTE broker, we conclude that the company is reliable. This is a solid organization of a high European level, operating strictly in accordance with the law. Claims of regulatory authorities against EXANTE have not been established. Client funds are protected by a comprehensive investment deposit protection program.

Exante provides access to a large number of profitable financial instruments and all major exchanges in the world. It is worth noting separately a high-quality trading terminal of its own design, meager commissions and an operational technical support service.