Exante Review
EXANTE is a reputable forex broker which was founded in 2008 by EXT LTD. Additionally, it’s a multi-asset platform holding more than 95 tradable securities. You'll find all these assets on the platform alongside;
- Share Dealing
- CFD Trading
- Social Trading
- Forex Trading
- Spread Betting
- Share Dealing
In addition, EXANTE offers traders a platform to buy or sell financial-related assets. Therefore, spread betting, CFD trading, social trading, and share dealing fall under this category.
In this Exante review, we look at the offerings, fees, spreads, and trader experience. Keep reading.
Features
The EXANTE website has a wide variety of features to enable investors to conduct their trade. Here are the top features of this platform.
All-Inclusive Trading Account
EXANTE offers an all-inclusive trading account so that you can buy/sell in several markets such as the US, Asian, and EU regions.
To open an account, you only need to include your full name, email address, and telephone number. Additionally, there is a demo account that gives you an insight into the trading platform. It's especially valuable if you are a beginner.
Advanced Technology
The platform is highly robust and integrated with Excel, FIX API, HTTP API, and White Label Solutions. Therefore, you don't have to worry if you don't have any programming skills since everything is simplified.
Excel Integration
You can create different algorithms with excel and generate reports for clients. Further, you can leverage the different capabilities such as Charts to interpret data and test various aspects against the market.
Excel pulls data from the platform and lets you acquire a number of quotes from Quote Monitor. You can also track open positions, and view the status of orders including controlling execution. The advantage of using Excel is that it's packed with features and easy to use.
HTPP API Integration
With this feature, you can easily create slick apps even without technical know-how. Some of the functions include employing a finance-related bot that displays price alerts, current market stances, and live market quotes.
The market stickers are also other features available under HTPP API integration. With this function, you can send stickers in real-time from your mailbox.
Also, the exchange rates bot is a smart feature that allows you to follow the current exchange rates.
FIX API Integration
With this feature, you can design as well as run algorithms on hardware. You can also access more than 50 markets from your current environment and transmit large amounts of data thereby boosting execution.
Fast and Secure Trading
EXANTE platform is equipped with a broad network of over 1000 servers globally. Therefore this ensures you achieve low latencies and your data is transferred securely.
Algorithmic Trading
With this platform, you can use the most reliable FIX 4.4 protocol for transferring data and getting quotes.
Multiple Applications
EXANTE is also available in the App Store, Windows 10, Google Play, GNU/Linux, and macOS. Therefore you can track the positions anywhere and conduct your trade on the go.
White Label Solutions
EXANTE provides institutional traders with customizable technological features including software packages and quotes from multiple markets.
What are EXANTE Fees?
EXANTE offers transparent pricing and doesn't charge users for account maintenance. However, you may pay commissions depending on the volume of trade. Also, you’ll be charged if your account remains inactive for a long time.
Customer Service
EXANTE has a support desk that operates 24/7. Therefore, you can execute your trade any time, even on weekends. There is also live support if you have urgent issues that require a quick solution.
Up to date Rates
Trading with EXANTE allows you to get up-to-date rates for all major exchanges including, stocks, ETFs, currencies, metals, Futures, Options, Funds, and bonds.
Depositing and Withdrawing with EXANTE
To deposit or withdraw your funds, you can use a bank transfer method. The service supports many world currencies.
The minimum threshold for traders is €10,000. On the other hand, for corporates or institutional traders, the minimum deposit is €50,000.
For withdrawals, the fee is €30.
Frequently Asked Questions (FAQs)
How can I Join EXANTE?
- To join EXANTE you must sign up first.
- To get started, provide your name, email, and telephone number to sign up.
- It's important to follow all the prompts so that you don't miss a step.
- Next, enter the Client Area and access the DEMO section. Then, open a live account.
- Complete the application form by filling in your interest area and trading experience.
- Identity verification is the next step, whereby you must upload your identification documents. It can take at least a day.
- Lastly, fund your account and start trading.
What documents should an individual investor provide?
If you are an individual investor, you must provide the following documents
- A valid passport for identity proof
- A Government Id
- Residence card
- Driving license
- Utility bill for residence proof
- Good conduct certificate
What documents must a company provide during registration?
You'll need the following when registering as a company or institutional trader;
- Incorporation certificate for proof of registration
- Articles of Association
- Memorandum of Association
- Partnership agreement
- Certificate of good standing
- By-Laws
- Statute
- Certificate of directors
- Certificate of Shareholders'
- Tax certificate
How can I withdraw my funds?
You can only withdraw or deposit your funds via the bank transfer method. Under the Client Area on your EXANTE account, hover to Account, then transfer section. Next, choose the currency and confirm the withdrawal.
IS EXANTE Legit?
EXANTE is legit because it offers traders a platform to execute their trade.
Does EXANTE offer a mobile app for trading?
You can download the EXANTE mobile app from Google Play or the App store and execute a trade on the go.
Pros
- It's used by over 10,000 merchants
- No account maintenance fees
- Highly robust system
- It's regulated by Malta Financial Services Authority (MFSA)
Cons
- It is not available in all countries
- Doesn't allow scalping
Conclusion
EXANTE is one of the dozens of brokers operating in the European Union. It's a reputable platform with lots of features to support trading for both individual and institutional traders. Lastly, EXANTE can accommodate all types of investors, whether you are experienced or a beginner.
