EXANTE Broker Review
EXANTE broker, one of Europe's largest, has been around since 2011: more than 10 years. You have many options to trade successfully with it. Successful trading on stock exchanges is all about the right place to start. This starts with choosing a reliable broker that has access to the markets. Let's compare EXANTE with other brokers to see the advantages and features that EXANTE has for its clients.
Description of the company
The stock broker proved to be a trustworthy partner during the course of the work day. It is managed by Cypriot company which is the regulator of the highest rank - CySEC. EXANTE has won numerous prestigious awards such as the Best Broker 2020 award. EXANTE is the best broker 2020, or broker offering a broad range of trading instruments. This creates optimal trading conditions and offers you the best trading opportunities. These are the key benefits clients receive:
Trade in all markets and instruments with one account
EXANTE allows trading on over 50 stock exchanges around the globe, including HKEX (Hong Kong), NYSE, LSE, and many other American and European stock exchanges.
EXANTE customer service is available 24 hours a days, 7 days per week.
Clients are treated individually: Each trader who opens an account has a personal manager.
EXANTE Trading App, Available for Computer and Mobile.
EXANTE's brokerage service stands out for its individual approach and flexibility when it comes to providing trading conditions. It is a company that focuses on two types of clients: large corporations and private traders.
The company trades financial instruments
Stocks and ETFs. This is the most preferred investment option among traders. EXANTE allows traders to trade with more than 10000 issuers, including the most well-known American companies and lesser-known ones that are traded in Europe or Asia. Participation in IPOs
Bonds. A low-risk instrument that can help diversify portfolios. Trade of corporate or government bonds on the stock exchange.
Futures. Trade contracts available on over 30 global futures exchanges. Trade on all instruments, from bonds to raw materials.
Options. Option contracts offer the greatest profit of all exchange-traded instruments. They can be used to make up to 1000% transactions during periods of high volatility.
Currency pairs. Spreads starting at 0.3 pip for over 50 currencies
Funds. Hedge funds offer investors the chance to invest.
Metals. There are five types of precious metals. Trade with various instruments: futures, options or investing in ETF funds that invest in precious metals.
Cryptocurrency. Over 80 popular digital currencies.
Description of the trading platform
A broker must provide clients with a modern trading platform that works on all devices. EXANTE developed a trading platform that can be used in all formats: desktop, mobile and web.
Computer terminal
Any operating system can be used to run the desktop platform.
Advantages
Clear and simple interface
The EXANTE app is free to use.
Comfortable working with charts: A trader drags the symbol selected to the chart field, and a window immediately opens for the asset.
A special window will be displayed when you select an asset to purchase or sell. It will show you the terms of the deal, including the amount of the position, price, and commission.
Multilingual platform: Available in 10 languages around the world.
Charts can be displayed in three formats: bars, Japanese candlesticks, and simple lines.
Minuses
Chart analysis is limited to 8 indicators
There is no way to add your indicators to the terminal.
Mobile application
EXANTE allows traders and active speculators to monitor their open positions. This service is available for both Android and iOS.
Advantages
Simple and easy interface
The chart can be displayed in 13 standard timeframes.
As a terminal, the application supports 10 languages.
Minuses
The application provides a limited number of indicators, just like the main terminal.
EXANTE does not offer other trading apps, such as MetaTrader4 and 5, which are very popular among millions of traders around the world.
Trade terms and tariffs
Client terms for opening transactions vary depending on the issuer and exchange they are listed on. These are the EXANTE rates for opening transactions:
Stocks. Stocks. Trades on the Athens Stock Exchange are 0.32%. Purchases of securities, such as on the Tokyo Stock Exchange, are 0.1%.
Currency pairs. Spreads starting at 0.3
Metals. Silver and gold - 0.005% Copper, palladium and platinum - $3
Futures and options. Contracts starting at 1.5 USD
Bonds. 9 bps
Funds starting at 0.5%
These are the general trading conditions for the account:
Minimum deposit - 10 000 EUR.
Account Currency: EUR/USD, GBP/CHF, CHF, CZK/PLN, and many more
An open account will be closed if there is no activity (no trades in the last six months, or balance of EUR 5000). A 50 Euro commission will be charged.
Shorts securities at a 12% rate
When submitting the broker’s purchase order, the trader will be able to see the exact amount of commission on the open deal in the terminal or application.
Withdraw and deposit
Traders need to be able to withdraw and deposit money.
EXANTE accounts are replenished on the following terms.
Only bank transfers (cryptocurrencies are not accepted) can be used to deposit funds. Payments from trader accounts (payments from third-party accounts are not possible).
Accreditation can take anywhere from one to five working days.
Replenishment can only be done after account verification (a trader must confirm identity with documentation).
You can replenish your account with any amount. The broker doesn't set a minimum transaction amount. However, real trading will be available when the deposit of 10 000 USD or more is displayed on the account.
These conditions apply to withdrawals from accounts:
The withdrawal fee is 30 Euro.
You can withdraw money to the same account as you have deposited it (the card number cannot be used for withdrawal).
The procedure is typically completed within one day.
EXANTE transactions can only be made by bank transfer. This is why it's considered the most secure. This is especially true when you are dealing with large deposits.
Technical support
Clients have access to multilingual support services (employees are able to communicate in more than 10 languages) 24 hours a days and 7 days a weeks. Any issues can be solved by the client during working hours with a personal manager.
These are some ways you can appeal:
In my private office
Call the call center number
to e-mail;
Chat online with the broker.
Service evaluation based on several criteria
Reliability of brokers 5/5
Trading Platform 5/5
Customer support 5/5
Tariffs 4/5
Overall rating 4.8/5
EXANTE is a broker who values individuality.
Stockbroker EXANTE has a high level of specialized status because not all private clients have access to trading with the company. This is why the minimum deposit of EUR 10,000 cannot be made by everyone.
For example, the broker is trusted by private traders as well as corporate investors. The minimum deposit for these investors is EUR 50,000. The company is very concerned about the safety of clients' funds and has strict requirements regarding withdrawal and deposit - bank transfers are the only way to do so.
EXANTE's long history, which spans more than 10 years, and its partner banks (HSBC) confirm the brand's position and the numerous awards it has won. Stock broker is rightly regarded as one of Europe's most trusted.