EXANTE review

Introduction of the broker EXANTE

Exante is a reputable broker founded in 2011 and operated by EXT LTD. With over 150,000 clients worldwide, it offers a wide range of trading options. The broker's headquarters is located in Limassol, Cyprus. Exante provides access to more than 1000 assets and operates on an STP (Straight Through Processing) basis, ensuring fast and efficient trade execution.

Trading Options

For investors, it's crucial that Exante offers a wide range of investment options. The available assets include physical stocks and ETFs, forex, commodities, funds, bonds, options, futures, and CFDs. This coverage of all major asset classes allows for portfolio diversification.

New users can access a demo account to try out the platform and trading strategies without the risk of losing real money. Exante supports account currencies in EUR, USD, and 12 other currencies, providing flexibility in choosing the base currency for the account. The minimum deposit is set at 10,000 EUR, which may be relatively high for some investors. However, there is no minimum trade volume, allowing for investment flexibility. Exante also supports the W-8BEN form, enabling the reduction of U.S. dividend tax to 15%.

Fees and Costs

Regarding fees, opening and maintaining an account is free, as is depositing via bank transfer. Card deposits and withdrawals are not available, and the fee for bank transfer withdrawals is 30 EUR. The currency conversion fee is variable, and the broker also charges an inactivity fee.

Trading fees start from 0.02 USD, which is very competitive. Fees for physical stocks and ETFs also start from 0.02 USD. The broker offers high leverage up to 1:30 and spreads from 0.3 pips. Swap rates start from 0.1 pips. Opening and maintaining an account is free, as is depositing via bank transfer. Deposits and withdrawals can only be made by bank transfer, as card transactions are not supported.

Features and Tools

Exante also offers a mobile app and a web version of the platform, allowing for flexible access to trading from anywhere. The broker does not offer support for the MT4 platform but allows trading with fractional shares. Exante also does not offer copy trading or investment portfolios, but it does provide interest on uninvested funds.

Exante allows trading with fractional shares but does not support the MT4 platform, copy trading, or investment portfolios. However, it offers interest on uninvested funds, which is an attractive feature for investors holding cash in their accounts.

User Reviews and Ratings of Broker EXANTE

EXANTE has mixed reviews across various platforms. On Trustpilot, it usually scores between 3.5 to 4 stars out of 5. Users appreciate its wide range of financial instruments, user-friendly interface, and quick customer support, but criticize the high minimum deposit requirement and occasional technical issues.

Investing Reviews gave EXANTE a rating of 4.5 out of 5 stars, highlighting its extensive trading tools, robust security measures, and efficient customer service, but noted that its complexity and high minimum deposit requirements make it more suitable for professional traders.

Is Exante a scam or a safe broker?

Exante has been in the online trading market for a long time and is fully regulated by several financial authorities. Its long-standing presence and strong regulatory background suggest high reliability and safety. Therefore, it can be considered a safe broker.

Final Evaluation

Exante is a solid broker with a wide range of tradable assets and competitive fees. It is suitable for experienced investors looking for advanced trading tools and a broad range of assets. The high minimum deposit and withdrawal fee may be a disadvantage for some investors. Overall, Exante is a reliable choice for those seeking comprehensive trading solutions with a global presence and strong support.