EXANTE BROKER REVIEW 2022: COST AND BENEFITS

Min. deposit
10000$
Website address
https://exante.eu/
Demo account
Yes
Currency
EUR GBP USD
Supported languages
Eng Rus
Active
Yes
* The amount that will be credited to the account in the case of a successful deal

Trustpilot Real Time Reviews

Star

The Trustpilot rating is 3.8,
according to 10 reviews

4.5 Stars
Ravi Ailani
Ravi Ailani
stars
es
Amazing & professional company

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Fiona
Fiona
stars
ru
The application is user-friendly, especially the mobile one. All assets are in one place, which is convenient. I give a good mark, not an excellent one because of two reasons: 1) The minimum deposit is high. 2) Notwithstanding that there is a bond screener, you still have to contact your manager to purchase bonds.

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Alojzy
Alojzy
stars
ch
I opened an account a few days ago and the process went smooth. The platform looks intuitive and their support is very responsive (i.e. average response time is less than one hour). So far so good - hopefully this is not a "demo version" of the service :). EDIT after about 2 months: still all good. Still the support is very responsive, still no problems. EDIT 2: after 4 months in total still so far so good. EDIT 3: I must admit I'm positively surprised. The customer support standard is very high and the platform works reliably as expected.

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Jake
Jake
stars
gb
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.

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Anna
Anna
stars
us
I'm sure that with Exante my assets are safe. I fully trust Exante for several years. The brokerage and mobile trading platform is working clearly.

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Didzis
Didzis
stars
lv
I value everything that works. Even if it doesn't sometime for any reason, company that takes responsibility & brings understandable support actually works. Thank you for being there when needed most.

View all

Anna Frei
Anna Frei
stars
ru
The platform is working smoothly and quickly, was very easy to adapt to it. Choice of instruments is insane (about 150,000) with a very good choice of bonds, orders get filled quickly. SL and TP haven't failed me even once. So far have nothing to complain about. Five stars! Keep at it!

View all

Alexander Shkut
Alexander Shkut
stars
by
I like this broker due to low commissions and wide range of instruments. Also, the trading platform for PC and mobile devices work fast and intuitively. The support team replies 24/7 within 3 mins, it's very useful.

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I like to diversify my investment portfolio and try out different brokers.

Six months ago, I opened an account with Exante as my buddy told me about it.

He told me the broker places higher on the forex broker ranking, so I had to give it a shot.

So, today I’ll give Exante a review and discuss Exante’s pros and cons.

Exante Broker Summary

HOW DOES EXANTE BROKER STAND OUT?

Go global: Access global markets in a secure trading environment from one account.

Plenty of choices: Trade over 400,000 financial products from various asset classes and Exante virtual portfolio.

Futuristic interface: The native platform has a user-friendly interface that gives a futuristic outlook.

Exante Investment: The broker offers various investments opportunities, separating itself from others.

Suitable options: Exante’s best platform for options trading provides excellent trading conditions while keeping costs low.

INTRODUCTION: WHAT IS AN EXANTE BROKER?

First things first, what is an Exante broker?

Some of you may have heard about it on various blogs.

I want to start this review from scratch.

So, let’s dive in deeper, shall we?

Exante is an investment company that provides access to various markets.

The broker has been in the trading game since 2011.

It has its headquarters in Limassol, Cyprus, and has regulations from CySEC (Cyprus Securities and Exchange Commission).

The firm also has authority from MiFID (Markets in Financial Instrument Directive).

Exante provides plenty of trading options with forex, stocks, futures, bonds, etc.

Here’s a list of assets available on the platform:

Forex
  • AUD/USD
  • EUR/GBP
  • EUR/JPY
  • EUR/USD
  • GBP/USD
  • USD/CAD
  • USD/CHF
  • USD/JPY
Stocks and ETFs
  • American Stock Exchange
  • London Stock Exchange
  • London Stock Exchange Alternative Investment Market
  • London Stock Exchange International Order Book
  • Euronext Amsterdam
  • Euronext Brussels
  • Euronext Ireland
  • Euronext Paris
  • Euronext Lisbon
  • Australian Securities and Exchange
  • Archipelago Exchange
  • Athens Stock Exchange
  • BATS Global Markets
  • Borsa Italiana
  • Borsa Istanbul
  • Copenhagen Stock Exchange
  • Helsinki Stock Exchange
  • Hong Kong Exchanges and Clearing Limited
  • Johannesburg Stock Exchange
  • Madrid Stock Exchange
  • Malta Stock Exchange
  • Moscow Stock Exchange
  • NASDAQ OMX Oslo
  • NASDAQ Stock Market
  • Nordic OMX
  • Oslo Stock Exchange
  • OTC Bulletin Board
  • OTC Markets Group
  • Prague Stock Exchange
  • Singapore Exchange
  • Stockholm Stock Exchange
  • Swiss Exchange
  • Tel-Aviv Stock Exchange
  • Tokyo Stock Exchange
  • Toronto Stock Exchange
  • Vienna Stock Exchange
  • Warsaw Stock Exchange
  • Xetra Stock Exchange
Metals 
  • Gold
  • Silver
  • Palladium
  • Platinum
  • Copper
Futures 
  • Chicago Board of Trade
  • Chicago Mercantile Exchange
  • Australian Securities Exchange
  • Borsa İstanbul
  • Commodity Exchange
  • Eurex Exchange
  • Futures and Options on Russian Trading System
  • Futures Exchange
  • Hong Kong Exchange
  • Intercontinental Exchange
  • London International Financial Futures and Options Exchange
  • Mercado Español de Futuros Financieros
  • New York Mercantile Exchange
  • Osaka Exchange
  • Singapore Exchange
  • Tokyo Commodity Exchange
Options 
  • Chicago Board of Trade
  • Chicago Board Options Exchange
  • Chicago Mercantile Exchange
  • Australian Stock Exchange
  • Commodity Exchange, Inc.
  • EUREX (DTB, SOFFEX)
  • Futures and Options on Moscow Exchange
  • Hong Kong Exchange
  • London International Financial Futures and Options Exchange
  • Intercontinental Exchange
  • New York Mercantile Exchange
  • Osaka Securities Exchange

Exante trading is certainly a treat, as it offers minimum fees on all products.

When talking about the Exante fee, the commission starts from $0.

Yes, with the heap of products, Exante offers zero commission.

Exante group

Exante group

The firm charges variable and fixed fees and calculates with specific criteria.

It rounds off the final fee near to the hundredth denomination.

The good thing is you can check all the fees from your client area.

You are probably thinking, “What’s Exante’s minimum deposit”?

Well, it’s a no-brainer!

On the homepage, you can see Exante has a minimum deposit of €10,000

I know it’s a lot, but it’s an investment firm, so what do you expect?

HOW DOES EXANTE BROKER WORK?

Now you know what Exante is and what it offers.

But how does it work?

I’m talking about its overall functionality.

So, let’s start!

Firstly, Exante is an investment firm.

It’s a bit different from a traditional broker.

Along with investment opportunities, it provides detailed reporting.

It offers banks and other financial institutions reporting for internal and external purposes.

The broker also offers wealth management services.

Exante insights

Exante insights

Regarding money-making, Exante functions like a normal broker.

It makes cool bucks when a trader loses a trade.

You lose all of your money if you put a bid and don’t forecast it, for example.

Instead, Exante receives that money.

A spread is another source of income for the firm.

In addition, Exante provides wealth-management services and charges financial institutions.

When you trade with any firm, costs always come to your mind.

How much does it charge, the spreads, and the leverage?

These are queries that everyone looks for while looking for a broker. 

So, where does Exante stand?

Add Question about Exante minimum and maximum deposit.

Exante has a minimum deposit of €10,000 for an individual account and €50,000 for a corporate.

The cool thing is it doesn’t charge a deposit fee.

The broker doesn’t have a minimum withdrawal.

Yes, you read it right.

You can withdraw any amount you like.

I find that withdrawals are quick, and you can receive them in 2 or 3 days.

So, that’s a pretty cool feature.

The amount leverage Exante provides is 1:50.

Ok, I know this doesn’t seem much for some of you, but I think it’s good.

HOW TO USE EXANTE PLATFORM?

To use the Exante, you have to navigate around the native platform.

As I mentioned at the start, Exante has a futuristic platform.

It has various features that are super handy.

Let’s discuss them in detail.

Exante has a native platform, which stands out from other native platforms.

The platform is desktop and mobile platforms.

It offers several charting tools, technical indicators, timeframes, and others.

The platform is super-fast and provides good trading situations.

Exante platform

Exante platform

The online interface supports many features.

It provides;

  • All conventional order types,
  • Market data
  • Built-in indicators,
  • Easy-to-read statistics on transaction history,
  • Real-market analysis
  • One-click trade

Here one thing I should mention is that Exante’s platform has an API.

So you are thinking, “What the hell is API”?

It’s an acronym for Application Programming Interface.

Think of it as a connection between several programs.

Exante API is HTTP and FIX.

HTTP is a classic that provides Exante’s platform with several cool features.

It gives the platform full trading solutions with an innovative outlook.

Regarding the FIX API, it is for algorithmic trading.

It automates the whole trading within the platform.

So, you just lie on a hammock, and Exante’s platform does the trick.

WHERE IS EXANTE BROKER BASED?

Often, you want to know about the broker’s whereabouts.

It means legitimacy and increases the broker’s authority.

So, what about Exante’s location?

Let’s find out!

If you go to the trader’s website, there’s a mention of an office location.

You can see that it is a subsidiary of Exante Limited.

The main office is in Cyprus.

You can see in the screenshot below the complete address.

Exante address

Exante address

It says, Siafi Street 1, Porto Bello, Office 4B, Limassol, 3042, Cyprus,

WHO OWNS THE EXANTE BROKER?

In the last section, I mentioned the location of the Exante.

Now I want to tell you who owns it.

I already did mention it, can you guess?

But, if you haven’t, then I’ll explain:

Exante Limited, a company in Cyprus, is the owner of Exante.

The broker is a subsidiary of Exante Limited.

DOES EXANTE BROKER HAVE AN APP?

Trading on the go has become a thing now.

It provides you with key updates.

You have the freedom to check trades wherever and whenever you want.

Let’s look at what Exante’s mobile app has to offer.

An iPhone and Android app are available from Exante.

You can download the app from the Apple App Store and the Google Play Store.

It is compatible with both Android and iOS devices.

Exante’s mobile app offers an easy-to-use layout that makes browsing a breeze.

In addition, price monitoring and notifications are available via notifications.

The mobile app offers a sleek design and focuses on invocation.

Exante app

Exante app

In addition, the mobile app has all of the same features as the desktop version.

Simply download the app and start trading on the move.

The app is stable, well-designed, feature-rich, and simple to use, in my opinion.

DOES EXANTE OFFER A DEMO ACCOUNT?

There’s something I need to discuss as we move forward.

It’s the demo account.

If you’re a newbie, it’s a must-have.

Is it, however, available on Exante?

“Yes,” is the quick answer?

You can open a demo account with the firm.

It has several trading tools and simulates the real thing.

The demo account has a huge advantage.

It has all of the features of a real account.

Exante platform

Demo account

You’ll see a demo account option on the broker’s website homepage.

The cool thing is that you don’t have to register for a demo account.

You can access it via the guest mode also.

HOW TO USE AN EXANTE DEMO ACCOUNT?

To use the demo account, you don’t need any special skills.

So play around, even if you’re a complete novice.

The beauty of it is that you won’t lose anything.

As a result, you can use the account without a hiccup.

When I started, I used to test various strategies and approaches. 

IS EXANTE DEMO TRADING FREE?

Before writing the review, I found out that many individuals want to know if Exante demo trading is free.

Can you take a guess?

Exante demo trading is, of course, free.

To create an account, you don’t need anything.

You can register or continue as a guest.

Now the guest mode doesn’t mean you have limited options.

You’ll still get all the features available on the platform.

DOES EXANTE BROKER OFFER B2B SOLUTIONS?

Do you remember that I mentioned Exante is different from a regular broker at the start?

If yes, then pat yourself on the back.

What differentiates Exante from others is its B2B services.

Let’s find out more about them.

Exante is a B2B broker, which means it provides services to individuals and companies.

That’s why they have corporate and individual accounts.

Exante financial services include white label solutions and trading tools.

White label solutions mean software for individuals and companies.

Exante has several algorithmic tools when talking about tools, such as integration with MS Excel.

Exante clients include Bank of China, ING, HSBC, and COWEN.

IS EXANTE BROKER A SCAM?

Before we go any further, there’s something that I need to talk about.

Is Exante broker a scam?

I think there’s no doubt about it.

So, let’s take out the spy glasses.

I have been using Exante for the better part of six months now.

And I will say that I’ve never had any issues during this time.

Everything is silky smooth, and I love trading on the platform.

I didn’t face any withdrawals or deposit hiccups.

As I mentioned already, the broker has regulations from CySEC.

It also has a governing license by MiFID.

These regulations help traders like you and me trade in a safe environment. 

Another great quality about the firm is that they are available for all countries.

They have offices in various parts of the world, including the US and UK.

So, it proves legitimacy.

The curious question is, “Is Exante available in the US”?

Yes, Exante is available in the US and has offices there also.

DOES EXANTE BROKER OFFER PROMO CODES?

Promos are a cool feature.

I mean who doesn’t love discounts on shopping.

Many brokers provide them as part of their marketing strategy.

Let’s see if Exante offers a promo code?

Exante doesn’t offer a promo code of any kind.

DOES EXANTE BROKER OFFER BONUSES?

Like promos, bonuses are a cool feature for novice traders.

But does Exante provide them?

Let’s see!

Can you take a guess?

Well, Exante doesn’t provide bonuses and promotions of any kind.

HOW TO DEPOSIT FUNDS IN EXANTE BROKER?

After opening an account, you need to deposit.

But how are you going to do that?

Some brokers have limited options.

So, let’s see what Exante offers.

On the platform, you can deposit through bank wires only.

Can you tell what the reason behind it is?

Well, Exante has a minimum deposit of €10,000 and €50,000.

So, third-party apps can prove risky in such high transactions.

They do, however, allow transactions from Transferwise and Revolut.

Exante provides plenty of currency support for deposits.

These are:

  • EUR
  • USD
  • GBP
  • CHF
  • JPY
  • AUD
  • HKD
  • MXN
  • NOK
  • PLN
  • RUB
  • SEK

HOW TO WITHDRAW FUNDS FROM EXANTE BROKER?

Deposits are simple to make, but what about withdrawals?

You don’t want to get late on withdrawals, do you?

Are the methods the same, or are there additional options?

Let’s see what we can find out!

Like deposits, you can only make withdrawals through bank transfers.

To withdraw funds, you have several currency options.

These include;

  • EUR
  • USD
  • GBP
  • CHF
  • JPY
  • AUD
  • HKD
  • MXN
  • NOK
  • PLN
  • RUB
  • SEK

There is, however, a withdrawal fee if you use a currency other than your account.

HOW TO REACH EXANTE CUSTOMER SERVICES?

Before opening an account, I contacted the broker.

I want to know what features are there and the trading conditions.

Exante has a contact number, which you can easily find.

Let’s discuss more on this.

You can find it on the homepage, which you can see below.

Down on the homepage, you have the “Contact Us” menu.

Clicking on it will bring up the contact page.

There you can see the customer service number.

It is +35725342627.

Exante address

Contact number

WHAT INDICATORS ARE AVAILABLE AT EXANTE BROKER?

You have multiple indicator options on Exante.

I must say the broker does not provide as many as others.

Still, some of the key indicators are available on the platform.

Let’s see what we can find.

There are a total of 8 indications.

These include;

  • ATR
  • Bollinger Band
  • EMA
  • SMA
  • MACD
  • RSI
  • SAR
  • Stochastics

To navigate indicators, go to the platform’s indicator option.

When you click on it, all indicators will appear.

You can then choose whatever indicator you want.

WHAT IS THE BEST TIME TO TRADE ON AN EXANTE BROKER?

You know that markets are open 24/5.

Is there, however, the best time to trade?

There’s a lot of chatter around this subject.

So, let’s clear the noise.

You have the option to trade any time on Exante.

However, I think that the best time is between the London and New York sessions.

There is a heavy trading volume, and you can do well during this time.

DOES EXANTE OFFER AUTO TRADING?

Like other things, a bot does help you a lot in trading.

It automates the entire process.

But the question is, “Does Exante have a trading bot”?

Let’s find out!

Unfortunately, Exante doesn’t have a trading robot.

Still, Exante provides auto trading tools for individuals and firms.

DOES EXANTE CHARGE TAXES ON PROFIT?

Taxes are an important concern for many people.

Typically, brokers do not deduct taxes.

As a result, Exante follows a similar trend.

Let’s look into it more.

On the help center page, you have tax info.

You have the tax treaty rates here.

If you are from the US, you need to file your taxes with the IRS.

If you are from another country, you have to pay taxes accordingly.

I have screenshotted it, so you can see.

Exante tax info

Exante tax info

A key point to add here is Exante is not a tax agent.

It means it doesn’t provide your fund’s info to anyone.

FAQS

How to set up an account on Exante Broker?

To set up an account on Exante, you need to go to the open account option. Afterward, you have to register, upload ID docs, and wait for the verification. After that, you need to deposit funds, and you are good to go.

Is Exante a regulated entity?

Yes, Exante has regulations from CySEC and has a governing license by MiFID. CySEC and MiFID are reputable regulatory bodies, and having regulations from these bodies proves Exante’s legitimacy.

Is Exante a safe broker?

Yes, as Exante has regulations from CySEC, you have negative balance protection. In addition, the broker can’t use your funds to do business. But, overall, the broker provides a safe trading environment. 

How to download the Exante broker platform?

If you want to download the platform, you need to go to the Technology menu, and here you can download the platform. Exante also offers a web platform, so if you don’t want to download, you can open a web platform.

How to create a demo account with Exante Broker?

To open a demo account, you need to go to the Technology menu, and from here, you can see a demo account option. You can register with an email or continue demo trading as a guest.

What is Exante Broker’s minimum deposit? 

Exante provides two accounts; individual and corporate. The minimum deposit for an individual account is €10,000 and for a corporate account is €50,000. To deposit funds, the broker only provides bank wire transfers in some countries through Transferwise and Revolut.

What is the fee for Exante Broker?

Exante offers zero-commission trading and doesn’t have a deposit or withdrawal fee. However, there is a €30 fee if you withdraw funds in a currency different from your account.

Exante Broker vs. Interactive Broker, what’s the best?

When talking about comparison, Interactive brokers stand out as it’s been in the game since 1977. However, IB stands out in terms of features and functionality. In addition, IB has a minimum deposit of $1000, which is way less than Exante.

FINAL VERDICT

So, there you have it.

I have completed my Exante review, and I hope everything is clear for you now.

If you want to open an account, consider all the mentioned factors.

Go through this guide again if you have to, and then decide.

Exante is a good investment broker with plenty of options to choose from.