RECOMMENDED FOREX BROKERS
Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.
General Company Information
Founded in 2011, Exante is a Maltese broker, which offers trading in more than 20 currency pairs, precious metals, options, bonds, stocks and ETFs through its in-house multifunctional Automated Trading Platform (ATP). Exante focuses on stocks trading, as it provides direct access to more than 25 exchanges all over the world, including NYSE, NASDAQ, CME, LSE, LIFFE, Euronext, XETRA, MOEX, TOCOM, etc.
Regulation & Safety
EXANTE Ltd., operating under the EXANTE brand, is regulated by the Malta Financial Services Authority (MFSA). The company holds a Category 2 investment services license, which qualifies it as a Fund Manager. Fund Managers are authorized to provide any investment service and to hold or control clients’ funds, but not to operate a multilateral trading facility or deal for their own account (or underwrite or place instruments on a firm commitment basis).
Like several other EU regulators (UK’s FCA & CySEC), MFSA has set a minimum capital requirement of €730,000 for license holders, which should be satisfied on an ongoing basis. Besides, they are expected to have local presence, to apply adequate internal control and risk management systems, and report to MFSA on a regular basis, among other requirements.
Regulated brokers are also required to abide by ESMA guidelines on the sale of complex products (such as forex). Malta has been a member of the European Union since 1st May 2004. So, every MFSA-regulated investment company is also MiFID compliant and therefore entitled to offer cross-border services within the EU under the MiFID Passporting Regime.
Trading Conditions
Here are the highlights of Exante `s trading conditions:
- Minimum deposit of EUR 10 000;
- Leverage up to 1:50;
- Spreads, averaged 0.3 pips on EUR/USD + of 0.5 pips commission per trade.
Taking into account the high minimum initial deposit, this broker obviously targets big players: institutional and professional clients, willing to invest large amounts of money. Spreads are really tight, however if we take into account the commission applicable, trading costs are not low, as they amount to around 1.3 pips for EUR/USD pair per lot, which is average.
Meanwhile, plenty of forex brokers offer lower cost of trading (below 1 pip) and require much less from clients to open an account with them. Cypriot broker FXTM, for instance, offers spreads averaged 0.5 pips on EUR/USD + commission $4 per standard lot round trip on its ECN accounts, accessible with just $500.
Trading accounts
| Account type | Minimum deposit | Minimum trade size | Maximum leverage | Average Spreads |
| Standard | €10 000 | 0.1 | 1:30 | 0,3 pips on EUR/USD + 0.5 pips commission |
Exante offers its clients a single DMA/NDD account with leverage up to 1:30 and tight variable spreads. Account holders can access all the various markets from a single screen and trade in more than 35 000 financial instruments through the broker’s proprietary platform.
Trading Platforms
If you are looking for the industry’s standard MetaTrader 4 (MT4), you will not find it with this broker. Instead, Exante has developed its own in-house multifunctional Automated Trading Platform (ATP). It provides fast, stable and reliable performance and integrates flawlessly with outstanding applications through its FIX tool.
You can place a trade via the Order module, which appears in the right part of the screen by default. It offers the standard Sell/Buy and TP/SL orders, as well as postponed trades (pending orders). The platform also offers a Click-Trade module, where you can instantly place a trade. 
You can use the following ClickTrade functions to buy or sell instruments: Join Bid, Sell Market, Sell Bid, Join Offer, Buy Market, Buy Offer. Buy/Sell Market create Market Orders, while the other buttons create Limit Orders.
There is also the Basket Trader, which enables trade in multiple instruments. You just have to add instruments by dragging them into the Basket Trader.
Besides, the platform offers multi-product portfolios management from one trading account for those who either implement different strategies or handle their clients’ accounts. MAM allows you to place orders for a chosen financial instrument on several accounts.
Market depth module is also available in Exante’s platform, showing a queue of requests to purchase or sell for the selected instrument.
EXANTE’s ATP is available for all widely-used desktop and mobile operating systems: Windows, MacOS, Linux, iOS, and Android. A web version is also available.
Methods of Payment
Much like with the account types and the trading platform, Exante offers its clients a single option for deposits and withdrawals: bank wire transfer. Popular e-payment methods such as Skrill & Neteller are not available.
Conclusion
Exante is a well-regulated broker, offering a wide range of financial instruments for trade in its in-house platform. It focuses primarily on stocks trading and targets institutional/large volume clients. In a nutshell, here are the advantages and disadvantages with regards to this broker.
Pros Cons
Well-regulated MT4 not available
Tight spreads High minimum initial deposit
DMA/NDD model Low leverage levels provided
Access to many stock exchanges No choice of trading accounts, platforms, payment methods
| Regulation & Safety 7.5 | |
| Minimum initial deposit 4 | |
| Leverage 4 | |
| Cost of trading (spread & commission) 6.5 | |
| Overall 5.5 | |
Summary Exante is a Maltese broker, offering a wide range of financial instruments for trade in its in-house platform. It focuses primarily on stocks trading and targets institutional/large volume clients. In a nutshell, here are the advantages and disadvantages with regards to this broker. | |
| : 3.5 (2 votes) | |
charles
I foolishly invested a large amount of money with WMOptions approximately January 2017, who have now changed their name to PrimeCFDS.
My account manger Ethan Stark assured me that I would easily be able to make a withdrawal. Not long after informing my account manger I would be making a withdrawal soon, he refused to answer my calls. After contacting their support number, i was told the reason was that i now have a new account manger Mark Spencer. Mark informed me that my account set up with a bonus, prevents me from making a withdrawal until a massive trading volume is achieved.
Mark offered 3 different options to consider where they would reduce the credit, and the wager against it, if I put in some money that would reduce the so called Bonus, or credit as they now call it. If i took one of these options they would allow me to withdraw a sum each month as required. He was very pushy about this, and now that i have decided to stay with the current setup he has gone sulky and says i am now on my own, despite being told that they would be on call to help when required. i am forever gratefull to my inlaw who introduced me to binarys[email protected] who helped me recover my lost funds
Diana
I like the transparency of pricing, fees, and access to the largest world exchanges. Exante has 4 licenses: UK, Malta, Hong Kong, Cyprus. I have been trading metals for more than 3 years – an excellent investment tool. Withdrawals are easy and fast.
Romance
Exante is a great company with a big foothold in the financial market. A huge selection of financial instruments, any trader will find what he needs. Access to more than 50 global markets. The transparency of the transactions.
samurai
Trading securities brings a good income, and I am grateful to Exante for this. A reliable company, I don’t even consider other brokerages. I withdraw money regularly via Bank transfer. Exante employees are correct and professional.
MacKenzie
If you are looking for a reliable broker, I can advise Exante. I am based on my own experience. I have been trading with Exante for about 4 years. Trading stocks and futures on various markets via single account is rather convenient. There is no need to use various accounts. Deposit and withdrawal is only via bank transfer, in my opinion, is the most secure way to transfer money.
Red Wolf
Exante is aimed at professional traders, hence not the lowest dep of 10k. The company is regulated by MiFID. This is a EU company with access to the global markets. I also want to notice the high speed of FIX API 4.4
Flaem
Exante is focused on professional trading. Exante doesn’t sell trust management services, this suits me, I like to keep money matters under personal control. The brokerage company provides full P&L report. The process of depositing and withdrawing funds is carried out only by bank transfers in about 2 days.
Carl
I trade currencies and stocks with Exante. I like that you can use a single multi-currency account. Quite convenient that I can make transactions on both shares and currency at once, if necessary.
Jarry
The most important thing is to choose the right brokerage. For me, the most important criterion when choosing brocke was reliability. So I chose Exante. After more than 5 years, I realized that I was not mistaken.
Fred
Exante has a great reputation. I communicate with many traders and share our experience. And I want to say that Exante has the best conditions in many ways. I suggest everyone to try a demo account first.
Boby
Exante is a brokerage that I trust. CySec insurance, European legislation, the key financial markets are at my disposal.
Napoleone
Exante has a large initial deposit of 10,000 Euro, but quality service worth it. There are insurance, MFSA and UK FCA licences, convenient trading platform and reliable withdrawal.
Adrien
Exante is a great broker that you can and should work with. The broker doesn’t charge any fees for maintaining the account. The commissions are only for trading and withdrawing money. Depositing and withdrawing funds within 1-2 days via bank transfer, save and reliable.
Jake
I’ve been trading with EXANTE for years. The instruments are comprehensive and varied, ensuring that my portfolio always stays diversified. The streamlined interface is easily accessible and straightforward. Customer service response times are swift. Employees are always helpful and forthcoming. All in all, a superb broker.
Percy
I’ve read reviews that someone is having problems with the stock price falling at a loss. This is unprofessionalism on the part of traders. And if we talk about a broker, Exante is currently one of the most reliable, with clear trading conditions + it has EU insurance.
Florian
I have more than 5 years of trading experience with Exante. There were all sorts of ups and downs. There were technical failures, without them nowhere. But I want to say that I did not lose money due to it. Exante employees are always attentive to requests. The resolution of issues is not delayed. All requested documents are provided. The money arrive on time.
Xavier
In my opinion, Exante is quite safety to trade with. The brokerage is licensed by MFSA and meets all the requirements of the European legislation. The trading platform is perfectly designed, simple, clear, and fast. No slippage noticed.
Till
Exante has 4 operating licenses, which are regulated by MiFID. Excellent choice of derivatives on CME and NYMEX including the right indexes. A single multi-currency account is convenient for hedge trading.
Easton
Exante is a one of the best brokers! Technical support is at a high level, specialists are helpful and cheerful. The company is reliable, with an MFSA and CySEC suprvision. All transactions are transparent, the commission is on average, the withdrawal of funds takes not more than 2 days.