Exante provides clients access to a variety of financial instruments through its investment company. It is permitted to trade on more than 50 markets from one account. There are offices in several countries, including Singapore, Poland and Germany.
There are many criteria that can be used to evaluate a broker:
- Reliability – 5.
- The platform is usable – 4.
- Available financial instruments – 5.
- Technical support – 5.
- Commissions – 4.
Based on the above evaluations, the final score is 5. Exante is a trustworthy company. It is registered in the relevant jurisdictions. This protects investors’ rights and is subject to English legislation. Access to instruments that are not available through brokers. Simple issues can be solved in a matter of hours. Complex problems are resolved in a matter of days.
Exante trades financial instruments
These types of financial instruments can be traded by clients:
- ETF.
- Futures.
- Options.
- Stocks.
- Currency pairs.
- Metals.
- Foundations.
- Bonds.
Stocks and exchange-traded funds
This service allows you to access thousands of these instruments on dozens of stock exchanges. Commission fees starting at 0.01%
Futures
You can trade thousands of futures (currency and oil, indices etc.) on the platform. You can trade on dozens of international markets, such as:
- CME Group.
- Eurex.
- FORTS.
A transaction commission starts at 1 cent
There are many options
It is a product that diversifies trading strategies. It allows you to simultaneously operate with investment periods and hedging directed positions. This company offers access to thousands of options for opening positions:
- Futures.
- Stocks.
- Indices.
- Rates of interest
Commission starting at 1 cent
Bonds
Exante allows investors to purchase several thousand bonds. Annual custody fees are 0.3%.
Currency Pairs
Clients can trade currency pairs spread out – starting at 0 pip.
Fonds
This financial instrument can be used by both investors and asset managers. Both the investors and asset managers will have access to alternative investment products. The latter will also be able access to targeted investors. All operations are under the control of the company.
Story
Exante was established in Malta in 2011. The Malta Budget Supervisory Authority granted Exante a Category 2 license.
- Alexey Kirienko, Global Hedge Capital Fund founder, founded the company.
- Vladimir Maslyakov and Andrey Knyazev worked together on the interface code.
- Companions created the Bitcoin Fund hedge fund, which earned 6,400% per annum in 2013.
Officially, the broker is Maltese. While there are many foreigners on the staff, most of the clients reside in Asia.
Awards and licenses
A license was granted to the broker for investment services (#IS/52182 July 22, 2014). The license can be viewed on the website for the English state financial regulator FCA. You can check the license by visiting http://fca.org.uk/.
The EU financial regulator (ESMA) and CySEC in Cyprus have jurisdiction over the broker. The Company ensures compliance with current legislation and fulfills the requirements in the EU Directive “On Markets in Financial Instruments”.
The broker’s money is subject to Cyprus law. It is also ensured by a special fund. If the broker runs into financial difficulties, you will be compensated.
The firm has not received any serious awards.
Trading platform
Modularity is the basis of the service. The terminal can be used in either an automatic mode or manual trading conditions.
Version for PC
The desktop version is compatible with Windows, MacOS, and Linux operating systems.
Benefits:
- Access to more than 30,000 tools instantly.
Smart search is built into the platform. Investors only need to type the first letter of the instrument to locate it. The number of traded instruments keeps growing. Exante allows clients to choose which securities they want. If you are unable to find an asset you want, you can request that it be added for you. As more people request an asset, it will be added automatically to the general list. For most traders, however, there are enough assets.
- Drag-and-drop capability.
Interactive tools allow users to move the desired position on the chart in order to see the dynamic of the value change. You can drag, close and open modules by using the mouse.
- Table of options
This module allows you implement risky strategies using margined options.
- Asset Basket Trading
This module allows you to manage multiple securities at once, such as buying or selling a whole range of financial products. Module functionality allows you to track the status of your trading accounts and place and monitor various orders. Investors will see the status of their trading accounts and can place or cancel orders. This information will help them make informed decisions.
The terminal provides up-to-date, informative technical indicators to detect trends and find the best points for opening a position.
- Multilingualism in the system.
The platform is available in 10 languages
Disadvantages:
- It has a very limited functionality, but it works well and is fast.
- Options trading offers few options.
- Absence of API.
- It is not possible to add third-party indicators or data to the base.
Mobile version
Mobile version is compatible with both iOS and Android devices.
Benefits:
- It works instantly after downloading. No additional settings or connections are required.
- User-friendly interface.
- Ability to work across multiple screens.
- All financial markets and products are instantly accessible from one account.
- Multilingual interface.
- The charts can be displayed in 13 different time frames.
- A large selection of personal settings.
Disadvantages:
- Mobile app intermittent failures
- There are no “cups” of applications.
- Chart analysis can only be done with 5 indicators
- Tech support can be reached only via chat.
Trade terms and tariffs
Exante brokerage commissions for transactions with the most well-known financial products
- The price of shares on U.S. exchanges is $0.02.
- Hong Kong Stock Exchange shares – 0.08% transaction size and additional fees
- Precious metals: 0.005% of the deal.
- Moscow Exchange shares – 0.02% transaction amount
- Futures and Options on US Exchanges – starting at $1.5.
- Shares on London Stock Exchange – 0.5% of the transaction amount
- Futures and options contracts on the Moscow Exchange start at 1 ruble
- Shares on the Xetra Exchange – 0.05% transaction size
These fees include an order execution fee, an exchange fee, and a clearing fee.
Withdraw and deposit
Bank transfer is the best way to transfer large amounts of money.
Exante accepts payments from all banks and payment systems. There are some exceptions.
- Register banks in the areas that are least served.
- Cryptocurrency wallets
- Sanction-prone banks.
The financial institution may take up to five business days to complete the transfer.
There is no minimum amount that can be withdrawn. The amount of funds available in the account determines the maximum amount. It is possible to adjust the withdrawal amount to reduce the commission.
Exante charges a 30 euro fixed fee (or the equivalent) for each withdrawal, regardless of how much it is. The withdrawal form allows you to adjust the fee amount. It will be displayed on the page.
After withdrawal, the fee will be deducted automatically from your trading account. Banks may charge additional commissions for transferring funds outside of the European Economic Area. They are not the responsibility of the broker and cannot be changed.
Transferring money to another broker costs a different fee than the withdrawal fee.
Technical support
Technical support is available 24 hours a day. You can reach them by phone, email or chat. Within 3 minutes of receiving your question, an answer will be provided.
Contacting support by phone or email, you can contact them in English. Chat also allows employees to speak your language.
Contact support if you have any questions or problems
- Call: 8-800-707-2920.
- Email: [email protected].
- Chat online on the Exante official website
Total
We can summarize that Exante isn’t the best broker, but it does have a good reputation. It is a market player with average conditions. There are some advantages, but not all of them are profitable.
Investors who need access to other markets and the ability to fund an account in their local currency will find the broker’s services useful.
