Exante is a brokerage company that provides 600,000+ financial assets to its clients. These instruments include 24,000+ Stocks and ETFs, 50 Forex pairs, 5+ Commodities, 500+ Futures, 270,000+ Options, 200+ Funds and 8 Bonds. They are regulated by the Cyprus Securities and Exchange Commission (CySEC), the UK Financial Conduct Authority (FCA), and the Hong Kong Securities and Futures Commission (SFC). Stocks available are provided from over 30 global exchanges across several countries, including the United States, Germany, Canada, Switzerland, and Singapore.
Our Exante review will examine more details about the broker’s fees and commissions, stock trading requirements, research and educational materials, trading platforms, regulations, and payment methods.
- Large Number of Financial Assets Available
- Intuitive Trading Platform
- Multi-Currency Account Available
- 24-hour Customer Support
- High Minimum Deposit
- No Islamic Account
- Limited Educational Resources
- Only Bank Transfers are allowed for Deposits and Withdrawals
Exante offers a wide range of financial assets, including 24,000+ Stocks and ETFs, 50 currency pairs, 5+ Commodities, 500+ Futures, 270,000+ Options, 200+ Funds, and 8 Bonds. Unfortunately, this broker does not offer Cryptocurrencies or Indices. This section of our Exante review delves into more detail regarding its available assets.
Stocks and ETFs
There are thousands of real stocks on the broker’s trading platforms. Traders who use Exante can invest in new IPOs and US Markets. There are over 30+ exchanges available from several countries, including the United States, Denmark, China, Finland, Germany, and Canada.
In addition to Stocks, the broker also provides ETFs. Clients will be able to invest in ETFs from several well-known exchanges in the US, UK, and many other countries.
Individuals who wish to trade currency pairs will have access to 50 major, minor, and exotic pairs on this broker’s platform. Spreads on these currencies are as low as 0.3 pips for some major pairs, such as USD/JPY. In addition, they provide fast execution times, up to 10ms for forex trades.
There are five commodities clients can trade on Exante. They are Gold, Copper, Palladium, Silver, and Platinum. This broker does not allow customers to own these metals directly. However, clients can invest via Futures, Options, and Spot ETFs.
This broker provides more than 270,000 Options. Furthermore, traders will be able to use metrics such as implied volatility and convenient filters to enable precise targeting.
Clients can diversify their portfolio by investing in any of the 200+ Funds listed by the broker. In addition, positions can be monitored in real-time and customers can place an order with a single click.
Bonds are also another financial asset provided by this broker. They list government and private bonds. They also have both exchange-traded and over-the-counter (OTC) prime bonds with limited issue.
Exante lists 500+ Futures for clients to invest in. Traders who use the broker’s trading apps will be able to access Futures from more than 30 Global Futures Markets such as CME, LIFFE, EUREX, and NYMEX.
Stock Trading at Exante
Exante only offers real Stocks to its clients. There are no Stock CFDs listed on their website. Furthermore, as part of its share offering, this broker provides liquid stocks that can be traded with a leverage of up to 1:5.
Customers will be able to select from a wide range of shares from over 15 countries and place an order via their mobile trading or web application. Below, as part of our Exante review, we examine their requirements for stock trading. We also list all the available stock exchanges they provide and discuss their fees and leverage.
Available Stock Exchanges at Exante
The broker provides shares from various regions, including Europe, Africa, Asia, and the Americas. Here, we outline all the stock exchanges that users of this broker will have access to after opening a live account.
||Available Stock Exchange
||American Stock Exchange
|BATS Global Markets
|New York Stock Exchange
|OTC Markets Group
||Athens Stock Exchange
||Australian Securities Exchange
||Copenhagen Stock Exchange
||Helsinki Stock Exchange
||Hong Kong Exchanges and Clearing Limited
||Johannesburg Stock Exchange
||London Stock Exchange (LSE)
|LSE Alternative Investment Market
|LSE International Order Book
||Madrid Stock Exchange
|Stockholm Stock Exchange
||Oslo Stock Exchange
||Prague Stock Exchange
||Tel-Aviv Stock Exchange
||Tokyo Stock Exchange
||Toronto Stock Exchange
||Vienna Stock Exchange
||Warsaw Stock Exchange
||Xetra Stock Exchange
Stock Trading Fees & Commission at Exante
The stock trading fees and commissions depend largely on the exchange used by the client. Clients who work with US exchanges such as NASDAQ and NYSE will be charged a fee of $0.02 per share. However, European exchanges attract variable fees and these charges typically range between 0.05% to 0.4% of the total transaction value. In addition, trades on Tokyo Stock Exchange and Hong Kong Stock Exchange have a commission of 0.1% and 0.08%, respectively.
Furthermore, traders who purchase stocks from the Johannesburg Stock Exchange or Australian Stock Exchange will incur a commission of 0.3% (minimum of 20 ZAR) and 0.12% (minimum of 2.5 AUD), respectively. While those who trade with the Toronto Stock Exchange will be charged 0.02 CAD per share (minimum of 1 CAD).
Stock Trading Leverage at Exante
Exante permits margin trading on its trading platform. This means that clients of this broker can hold much larger market positions than their available trading balance. Traders who wish to invest in Liquid Stocks via this broker will be allowed leverage up to 1:5.
Exante is licensed by regulatory bodies across Europe and Asia, pointing to the fact that they are a credible brokerage option. They are regulated by the Cyprus Securities and Exchange Commission (CySEC), the UK Financial Conduct Authority (FCA), and the Hong Kong Securities and Futures Commission (SFC). In this section of our review, we list this broker’s subsidiaries, their addresses, and licensing information.
LCHM LTD: This company is located at 30, Churchill Place, London, E14 5RE. It is regulated by the FCA.
- FRN: 589898
- FCA Reference Number: 789421
- Company Registration Number: 09989858
EXT LTD: This entity is also an extension of Exante. Its official address is 28 October Avenue, 365 Vashiotis Seafront Building, 3107, Limassol, Cyprus. It is regulated by CySEC.
- Company Registration Number: HE 293592
- CySEC License Number: 165/12
XHK LTD: XHX LTD is an investment firm and a subsidiary of Exante which is regulated by the SFC. They are located at Unit A, 6/F CNT Tower, 338 Hennessy Road, Wan Choi, Hong Kong.
- Company Registration Number: 2643270
- SFC License Number: BNN565
Fees and Commissions
Choosing Exante as your brokerage company involves specific costs for trading and non-trading services. This segment of our review covers the financial implications of opting for this broker’s services.
Trading fees include spreads, overnight fees, shorting stocks, and commissions. Below, we look into each of these costs in greater detail.
For individuals who trade currency pairs, Exante charges spreads on its listed assets. These spreads vary depending on the currency pair. However, clients of this broker can expect to be charged spreads from 0.3 pips on pairs such as USD/JPY.
Trading Stocks and ETFs, Futures, and Options with this broker attract a commission. For shares and ETFs, this amount depends on the exchange the client trades with. US stocks cost $0.02 per share, European stocks cost between 0.05% and 0.4%, and Asian Stocks cost between 0.08% and 0.1%.
Like Stocks, commissions on Futures vary based on the exchange. US and major European exchanges cost $1.5 and €1.5, respectively. However, transactions involving ASX, HKEX, and OSE are charged 6 AUD, 22.54 HKD, and 20 JPY respectively.
Exante charges a fee for positions held beyond a day. The exact amount varies and is based on the position value, percentage rate, and the number of days the position has been held.
This broker offers short selling on its available liquid stocks. The fee for shorting these stocks is set at 12%.
Exante does not charge a deposit fee. However, there are some non-trading related costs incurred by customers of this broker, such as inactivity, withdrawal, custody, and currency conversion fees.
This broker charges a 50 EUR/GBP inactivity fee to clients who meet the following criteria – they must have placed no trades in at least six months, have no open positions, and possess a balance of less than 5,000 EUR/GBP.
Exante charges clients a fee for each withdrawal processed on its platform. Their withdrawal cost is set at 30 EUR/GBP. However, this fee can be higher under unique circumstances.
Clients who participate in Bonds trading are expected to pay a custody fee. This fee is deducted each year and is set at 0.3%.
Currency Conversion Fee
The currency conversion fee is 0.25% for all major currency pairs except EUR/USD which does not attract any conversion cost. Other currency pairs, however, will cost 0.4%.
This broker offers three account types – Demo, Individual, and Corporate. Each of these accounts offers unique features, depending on a client’s specific needs. Unfortunately, they do not offer an Islamic or swap-free account. Here in our Exante review, we take a closer look at the various account options that they provide.
Exante has a Demo Account where traders can learn how to navigate its proprietary trading platforms and practice their trading strategies without risking any money. The process of opening a Demo Account is simple and customers who choose this option will be provided with a 1,000,000 EUR virtual balance for practice. It simulates real-time market conditions. However, market data for this account type is delayed by at least 30 minutes.
This account type is designed for individuals who wish to trade all the various assets provided by this broker. Clients that open an Individual Account will have access to all the Forex pairs, Metals, Futures, Options, Bonds, and Stocks available. To verify an individual account, a customer will need to provide a valid, government-issued means of identification, and a proof of residence document.
Corporate accounts are similar to Individual accounts in terms of available financial assets. However, they are designed for entities rather than persons. The primary difference with this account type is the requirements for verification. To open and verify a corporate account with this broker, corporations will need to provide the following documents:
- Proof of registration
- Incorporation documents
- Certificate of registered office or Certificate of good standing
- Proof of active status
- List of directors and shareholders
- Proof of ultimate beneficial owner (UBO)
- Proof of identity
- Proof of residency
- Corporate document certification
- Legal entity identifier
- Tax identification number (TIN)
Exante enables its customers to trade by providing a proprietary trading platform that is available on mobile and as a web application. Unfortunately, they are not compatible with MT4, MT5, or cTrader. As part of our review, we provide you with a detailed, well-written summary of this broker’s trading apps. We also walk you through the process for account registration on both platforms.
Desktop Trading Platforms
Here, we examine the broker’s Web Trading platform which is available to desktop users. We discuss some of the vital features of the app as well as the process for creating a live account.
The desktop app’s user interface is very intuitive. Customers can view all their essential trading information on a single screen and navigate seamlessly across various tabs.
The Exante App reflects a simple and straightforward design. All users, regardless of their prior knowledge of trading applications, should be able to understand how to place trades and carry out routine trading activities within a short time.
Indicators enable traders to carry out technical analysis when placing orders. On the Exante web app, customers can select from 8 indicators, including SAR, SMA, Stochastic Oscillator, and ATR.
The Watchlist feature allows clients to aggregate all their preferred financial instruments. Here, customers can view the current bid and ask prices of these assets and their percentage changes in price.
By selecting the Transaction History tab, users of this broker can monitor the outcomes of all their orders within a specified time frame.
Two Factor Authentication (2FA)
Traders can access this feature from the Client’s Area. With 2FA, clients of this broker can add an extra layer of security and protect their funds from compromise.
How to Open an Account on Exante Desktop Trading Platform
- Visit the Exante website and select ‘Open Account’.
- Choose between an Individual and Corporate Account and enter your name, email, password, and phone number.
- Provide information regarding your level of trading experience and employment status.
- Provide details about your source of funds, asset structure, total portfolio value, and total annual income.
- Fill out your tax information, specifically your tax residence country and tax identification number.
- Read the various terms and conditions and accept all the agreements provided.
- Upload a valid, government-issued identification document and proof of address.
The broker has a mobile app, Exante Trading, which enables its customers to trade all its available financial instruments. In this section of our Exante review, we discuss the various features of this application for iOS and Android. We also outline the steps for opening a live account with this broker on mobile.
The user interface of the mobile trading app is seamless. Navigation between the various tabs is easy and although not as smooth as the broker’s proprietary web application, clients can make use of the charts on mobile with relatively little lag time.
The design of the app is simple. It has five tabs – Summary, Watchlists, Trade, Orders, and Settings. Clients can easily monitor their portfolios and place orders despite having little experience using the platform because of its straightforward design.
With the price alert feature, customers of this broker can get notified on their mobile devices whenever the price of a specific asset reaches a predetermined level. This option allows traders to stay informed about the financial markets without being constantly glued to their phones.
The Exante Trading mobile application does not have many indicators compared to other similar broker apps. Clients can choose between five indicators which are Bollinger Bands, EMA, MACD, RSI, and SMA.
In this tab, users of this broker can observe their past and present trades. This feature enables clients to see the price changes across their various assets in a single window.
Two-Factor Authentication (2FA)
Users of this broker’s mobile app will be able to protect their accounts and funds by enabling two-factor authentication (2FA). To access this feature, clients will need to visit the Client’s Area, select Settings, and then Application Settings.
How to Open an Account on Exante Mobile App
- Visit your mobile device’s app store, search for and download the Exante Trading app.
- Once the app is open, select ‘Don’t have an account,’ to begin the account opening process.
- Next, you will be required to enter your first and last name, email address, password, and phone number.
- After completing the above step, you will be provided with a demo account. You can then visit the Client’s Area to continue the registration process by filling out a KYC form detailing your educational status and level of trading experience.
- Complete a survey about your financial investment profile.
- Provide information about your CRS Status, including your tax residence country and tax identification number.
- Confirm whether or not you are a US citizen and if you are the ultimate beneficial owner of the account.
- Upload a valid ID and proof of residence and wait for approval.
Clients who operate a live account with this broker are required to deposit funds to enable them to begin trading and investing. In this section of our review, we discuss the various methods for deposits and withdrawals at Exante. We also cover the minimum deposit and withdrawal amounts, processing times, fees, and all other essential funding information.
Deposits are only allowed via bank transfers as the broker considers it the safest method for processing large amounts of funds. Customers who opt for this broker will be unable to add money to their live accounts via PayPal, Neteller, Skrill, Debit Cards, Credit Cards, or Cryptocurrency. Also, they only permit account holders to transfer money from bank accounts bearing their names. They do not sanction third-party transfers.
The minimum deposit amount with this broker is 10,000 EUR/GBP for Individual accounts and 50,000 EUR/GBP for Corporate accounts. Clients can fund their accounts in EUR, USD, GBP, CHF, AUD, CZK, and PLN, without needing currency conversion. Deposit processing times vary and depend on the trader’s account base currency, banking service provider, and other third-party services. However, regular transfers typically take between 1 – 5 business days. On the other hand, security transfers tend to require at least one business week to reflect in a customer’s account. Finally, there are no deposit fees with this broker.
||1 – 5 business days
Like deposits, clients can only make withdrawals to their personal bank accounts. Exante does not allow withdrawals to debit or credit cards or e-wallets. The withdrawal fees depend on whether a client is charged a standard (minimum) or non-standard (maximum) commission. The standard commission is set at 30 EUR/GBP, while the non-standard is either 0.9% of the withdrawal amount or 30 EUR/GBP, depending on which is higher. Outbound securities attract a transfer fee of 150 EUR/GBP per ISIN.
Traders will be charged a non-standard withdrawal fee if they meet two conditions. First, their accounts must be funded with a security transfer. Secondly, the customer must have performed zero trades, completed a few formal orders, or traded with the sole purpose of liquidating transferred securities and withdrawing the cash.
There is no minimum withdrawal amount. Furthermore, transfer requests usually take less than 24 hours for approval and 3 – 5 business days to reflect in a customer’s account.
Account Base Currency
Exante allows clients to operate a single multi-currency account. The account base currencies available with this broker are EUR, USD, AUD, CAD, CHF, CZK, GBP, HKD, JPY, NOK, NZD, PLN, SEK, SGD, and TRY.
Research and Education
Exante’s research and educational materials are relatively limited compared to many other brokers. Our review has shown that they do not provide courses or beginner-friendly tutorial articles for their clients. Newbie users of this broker may need to outsource their learning due to the absence of resources that provide an introduction to the basics of trading and investment. They offer a Market Insights segment on its website that provides commentary on the latest happenings in the financial markets to enable customers to make better-informed trading decisions. In addition to this, they also host webinars that can be rewatched on their YouTube channel. Unfortunately, this broker does not provide e-books, podcasts, or signals.
Customers of this broker can access support and receive useful feedback and efficient solutions via various methods. Upon review of this broker’s website and its available customer support options, we observed that Exante provides a Help Center that provides answers to common questions that clients may have while using its service. The Help Center is divided into various categories including Getting Started, Funding and Withdrawals, Trades and Fees, and Security. In addition to this option, clients can reach the broker via phone call or email. Customers from all over the world can send their complaints to email@example.com or request a call by filling out the form in the “Contact Us” section of the broker’s website. They can also speak to a customer service agent by dialing +357-2534-2627.
Unfortunately, they do not provide a 24/7 live chat option. However, users of this broker can also reach out to them via their various social media platforms. Customers can send a direct message to them on Facebook, Linkedin, Twitter, or Instagram.
This section of our article provides a detailed review of this broker’s services by past and present customers. We explore user comments about Exante on social media and discussion websites such as Reddit and Quora. Furthermore, we also inform you about their ratings on platforms such as ForexPeaceArmy and TrustPilot.
What Reddit Users Say About Exante
There are few mentions of Exante on Reddit. However, most of these comments have alluded to this broker as an affordable option. Also, apart from its low costs, Redditors have also praised its easy registration process compared to most other brokers. Unfortunately, one user claimed that the stocks available on this broker’s platform are largely US and Hong Kong stocks. Others also expressed concerns about the limited amount of information about this broker that is available online.
What Quora Users Say About Exante
Unfortunately, there are no comments about this broker on Quora. Although there have been a few posts making inquiries about their services, none of them have received any responses so far.
TrustPilot Users’ Review About Exante
Just like Reddit and Quora, there is relatively little feedback about Exante’s services on TrustPilot. This broker has a rating of 3.1 from 19 reviews on this popular website. Many of the comments cite their great user interface as a major standout feature. In addition, users have several positive things to say about the broker’s customer service, attesting to their quick response times and ability to provide effective solutions. A few comments also refer to the wide range of instruments on the broker’s platform as a reason why they rate them highly.
Despite these positives, there were also complaints, especially about the functionality of the broker’s trading apps. Specifically, one user claimed that the Exante app and website constantly lag.
ForexPeaceArmy Users’ Review About Exante
There have been only 4 reviews of this broker on ForexPeaceArmy. The average rating is 1.332. Most of them are largely positive. Users commended their great customer service, fast order fulfillment, and affordable prices. They also allude to the fact that they offer a wide range of financial assets.
Other Products and Services
Exante provides other services aside from its trading and investment offerings. Below, we will review the additional products and services that customers of this broker can take advantage of.
Exante Affiliate Program
This Affiliate Program allows individuals to earn money by referring others to the Exante platform. Affiliates who open an account will be provided with a referral link and get paid a commission for every successful referral that creates a live account and makes a deposit with the broker. Earnings depend on the amount deposited by each referral and affiliates can earn up to 10,000 EUR if a referral deposits over 10,000,000 EUR.
Exante offers APIs to individuals who wish to build financial apps and trading-based software. Clients can access the HTTP or FIX API to develop their own unique trading solutions and enjoy benefits such as fast deployments, easy integration, and low latency connections by taking advantage of these APIs.
Is Exante Safe?
The broker is considered a trustworthy option as it is regulated across three regions – the United Kingdom, Hong Kong, and Cyprus. They hold a license from the FCA, CySEC, and the SFC. Exante safety measures are designed to guarantee user funds safety. They operate in compliance with the Markets in Financial Instruments Directive (MiFID). In addition, the company operates several segregated accounts to make sure that their customer’s monies remain protected and insured from possible risk. These accounts are domiciled with reliable and well-known European banks.
Exante stores its customer’s personal data on a secure server and employs two-factor authentication to add an extra layer of safety to its operations. Asides from entering their username and password, users of this broker can enable the option of receiving a code via e-mail or SMS or with the Google authenticator app.
This Exante review outlines several of the positives and negatives of opting for this company as your broker of choice. One of the major advantages of this broker is the large number of financial assets that they provide. Their website lists over 600,000 instruments available to traders, including Stocks, ETFs, Bonds, Futures, Options, Commodities, and Forex. Clients can place orders for these assets by opening a live account on mobile or desktop via their intuitive trading platforms.
Another key feature of this broker is that they are well-regulated, with licenses across three jurisdictions. Their large minimum deposit amount and limited deposit and withdrawal options can be viewed as potential drawbacks by some clients. Several exchanges are available such as NYSE, NASDAQ, ASX, Euronext Lisbon, and Euronext Paris. They also permit margin trading with a leverage of 1:5 on liquid stocks. Although there are no deposit fees, clients will be expected to pay a commission on trades involving Stocks, ETFs, Options, or Futures. This broker also charges a spread on currency pair trading. Finally, they allow clients to open a multi-currency account with account base pairs in over 13 currencies.
Q & A
Yes, they are. Exante is well-known and regulated across multiple regions, including Cyprus, the United Kingdom, and Hong Kong.
They were founded in 2011.
Their office is located at 28 October Avenue, 365 Vashiotis Seafron Building, 3107, Limassol, Cyprus.
The broker is owned by Alexey Kirienko.
No, their fees are low compared to many of their competitors.
Yes, they do. However, the specific fee depends on the exchange used by the client.
Unfortunately, Exante does not offer Stock CFDs.
Spreads can be as low as 0.2 pips.
Individuals who trade currency pairs can enjoy leverage as high as 1:20.
This broker only allows funding via bank transfer.
The minimum deposit at Exante is 10,000 EUR/GBP.
Withdrawals can take as long as 3 – 5 business days.
There are over 35 stock exchanges listed by Exante from countries in Europe, Asia, Africa, and the Americas.
Visit your device’s app store, search for Exante, and download the trading app.
No, you can’t. This broker is not compatible with MT4.
Unfortunately, this broker does not provide learning resources for Stock Trading. However, you can open a Demo Account and practice your trading strategies.
You can send an email to firstname.lastname@example.org or speak directly to a customer representative by dialing +357-2534-2627.
Exante has a relatively straightforward trading application that beginners may find easy to use. However, learning resources for new traders are few.
Yes, most of the comments about this broker online are positive, especially because of its excellent trading app and affordable fees.