Exante Broker

Exante is an investment firm providing clients with access to various types of financial instruments. From one account it is allowed to trade on more than 50 markets. The broker has offices in different countries: England, Singapore, Poland, Germany, Latvia, Malta, Cyprus.

Founders: Alexey Kirienko , Anatoly Knyazev , Gatis Eglitis

exante broker logo

Service evaluation

A broker can be evaluated according to several criteria:

  • Reliability - 5.
  • Usability of the platform - 4.
  • Number of financial instruments available - 5.
  • The work of technical support - 5.
  • Commissions - 4.

On the basis of the above evaluations the final score is 5.

Exante is a reliable company, it is registered in jurisdictions, well protecting investors' rights, subject to the English legislation. Allows to get access to the instruments unavailable at brokers. The level of service is higher than that of brokers, simple issues are solved within several hours, complex ones - within a couple of days.

Financial instruments traded by Exante

Clients may trade the following types of financial instruments:

  • ETF.
  • Futures.
  • Options.
  • Stocks.
  • Currency pairs.
  • Metals.
  • Foundations.
  • Bonds.

Stocks, exchange-traded funds

The service provides access to several thousands of these instruments from dozens of stock exchanges. Commission fee from 0.01%.

Futures

The platform allows you to trade several thousand futures (currency, oil, indices, etc.) from dozens of global markets, for example:

  • CME Group.
  • Eurex.
  • FORTS.

Options

A product for diversification of trading strategies, it gives the opportunity to operate with investment periods simultaneously with hedging of directed positions. The company provides access to opening positions on thousands of options:

  • Futures.
  • Stocks.
  • Indices.
  • Interest rates.

Bonds

Investors can buy several thousand bonds through Exante. Custody fee payable annually is 0.3%.

Currency pairs

The company's clients can trade dozens of currency pairs, spread - from 0 pips.

Funds

This financial instrument is suitable for investors, also for asset managers. The former will be able to access alternative investment products, the latter will have access to target investors. At the same time, control is exercised over all operations performed.

Story

Exante was founded in 2011 and is based in Malta. It holds a Category 2 licence granted by the Malta Budget Supervisory Authority.

  • Anatoly Knyazev, Vladimir Maslyakov worked on the interface and program code.

Officially the broker is considered to be Maltese. There are many foreigners among the staff, the main clients live in Asia.

Licenses and awards

The broker was issued a license allowing to provide investment services (#IS/52182, July 22, 2014). You can check the license on the website of the state English financial regulator FCA. To do so, just go to the link .fca.org.uk/.

The broker operates under the jurisdiction of the EU financial regulator (ESMA), as well as CySEC located in Cyprus. The Company monitors compliance with the norms of the current legislation, fulfills the requirements of the EU Directive "On Markets in Financial Instruments".

The money held by the broker is subject to Cyprus law and is insured in a special fund. Therefore, you can expect to be compensated if the company runs into difficulties.

Trading platform

The service works according to the modularity principle. The terminal can operate in automatic mode or in manual trading conditions.

PC version

The desktop version runs on Windows, MacOS and Linux operating systems.

exante chart

Pos:

  • Instant access to over 30,000 tools.

Smart search is integrated into the platform, so an investor only needs to enter the first letters of an instrument to find it. The list of traded instruments is constantly expanding. Depending on clients' preferences, Exante increases the number of available securities. Consequently, if you cannot find a certain asset, you can ask to add it for you individually. When the number of requests for one asset increases, it will be added to the general list. But for most traders there are already enough assets.

  • Drag-and-drop capability.

Each tool is interactive, the user can move the required position on the chart to get the dynamics of the value change. Modules can be dragged, closed and opened just by performing a simple manipulation with the mouse.

  • Options table.

This module allows you to implement risky strategies on margined options.

  • Asset Basket Trading.

The module makes it possible to work with several securities simultaneously, including selling or buying a whole pool of financial products at once. The module functionality allows tracking the status of two trading accounts, placing and monitoring various orders. Execution or cancellation of orders will be timely displayed in the investor's workplace and help make informed decisions.

The terminal brings up-to-date and informative technical indicators for trend detection and finding the best points to open a position.

  • Multilingualism of the system.

The platform works in 10 languages

Cons:

  • Rather modest functionality (but thanks to it the system works fast).
  • Few options when working in options trading.
  • Lack of API.
  • There is no possibility to add third-party indicators to the base.

Mobile version

The mobile version works on Android and iOS devices.

Apple App Store Rating

exante iphone reviews

Google Play Rating

exante android reviews

Pos:

  • After downloading it works immediately, no additional connections or settings needed.
  • User-friendly interface.
  • Ability to work on multiple screens.
  • Instant access to all financial products and markets from a single account.
  • Multilingual interface.
  • 13 timeframes to demonstrate the charts.
  • Large selection of personal settings.
exante app

Cons:

  • Intermittent failures of the mobile app.
  • There is no "cup" of applications.
  • Only 5 indicators can be used for chart analysis.
  • There is no chat for contacting tech support.

Tariffs and terms of trade

Exante brokerage commissions on transactions with the most popular financial products:

  • Shares on U.S. exchanges are $0.02.
  • Shares on the Hong Kong Stock Exchange - 0.08% of transaction size and additional fees.
  • Precious metals - 0.005% of the deal size.
  • Futures and options on US exchanges - from $1.5.
  • Shares on the London Stock Exchange - 0.05% of the transaction amount.
  • Shares on the Xetra exchange - 0.05% of the transaction size.

Fees include: order execution fee, exchange fee, clearing fee.

Deposit and withdrawal

By default, depositing and withdrawing funds is only possible via bank transfer, which is the safest way to transfer large sums.

Exante accepts transfers from any bank organizations and payment systems. But there are certain exceptions:

  • Banks registered in the underserved areas we serve.
  • Cryptocurrency wallets.
  • Sanction-prone banks.

It may take 1 to 5 business days for the financial institution to execute the transfer.

There is no minimum withdrawal amount. The maximum amount depends only on the amount of available funds in the account. However, due to the commission, it is sometimes more reasonable to change the withdrawal amount.

Exante takes a fixed fee of 30 euro (or its equivalent) regardless of the withdrawal amount. When filling out the withdrawal form there is an opportunity to control the amount of fee: it will be shown on the page of the form.

The fee will be deducted from the trading account after withdrawal. When transferring funds to a financial institution outside the European Economic Area, banks may charge additional commissions. The broker is not responsible for them and cannot change their amount.

The fee for transferring money to another broker is different from the usual withdrawal fee.

Technical support

Technical support is available 24 hours a day. It is available by phone, email, online chat, or by requesting a call back. An answer will be provided within 3 minutes after receiving the question.

The support service functions in English when contacted by email and phone. Also employees speak your language in chat.

If you have any problems or questions, you can contact support:

  • Call: 8-800-707-2920.
  • Email: [email protected].
  • Online chat on the official Exante website.

Total

To sum up, we can say that Exante is the outstanding broker from having an unqualified reputation. It has average conditions on the market. Of course, there are advantages too, but they are not profitable for everyone.

The broker's services will be useful for investors who need access to different markets and a simple and clear interface.