EXANTE is a global trading platform serving professional investors in over 100 countries. In this review, we’ll explore whether EXANTE is a scam or legit, delve into how its trading platform operates, examine the pros and cons of using EXANTE, and evaluate the steps it takes to protect its investors.
Please note that any reference to “EXANTE” in this review pertains to the licensed brokerage firms authorized to operate under the EXANTE trademark.
About EXANTE
EXANTE is a trading platform used by licensed brokerage firms globally, including in Hong Kong, Malta, Cyprus, and the UK. It provides advanced trading tools with access to over 50 markets, accessible from a central dashboard using a single multi-currency account.
EXANTE has received numerous accolades over the years, including multiple recognitions for its efforts in diversity marketing and recruitment initiatives, as acknowledged by The Financial Times.
EXANTE attracts seasoned investors, banks, and wealth managers with a minimum deposit requirement of 50,000 EUR for corporate accounts and 10,000 EUR for individual traders. The available instruments include stocks, bonds, ETFs, futures, options, funds, and metals.
Pros and cons
Pros
- Use a single account to trade over 1 million financial instruments
- EXANTE is ideal for experienced traders
- Trading platform available for mobile, web, and desktop
- Personal account managers
- The investment companies using the EXANTE trading platform are licensed with multiple authoritative bodies
- Transparent fee structure
Cons
- There is a minimum deposit requirement of 10,000 EUR for individual traders
- Currently no option for third-party indicators on the terminal
- There is a standard 30 EUR fee for withdrawals
Regulatory requirements
The investment firms using the EXANTE trademark maintain a global presence across more than 20 locations, including key financial hubs like Hong Kong, Malta, Cyprus, and London. These entities are regulated by authorities such as the SFC in Hong Kong, MFSA in Malta, CySEC in Cyprus, and the FCA in the UK.
By complying with these regulatory frameworks, EXANTE ensures it upholds stringent financial and ethical standards, providing investors with confidence in the security of their investments.
EXANTE adheres to strict data protection laws to ensure the confidentiality and protection of client information. Its privacy policy outlines GDPR compliance and measures taken to prevent misuse of personal data.
Is EXANTE a scam?
EXANTE is a well-established global trader that was founded in 2011. As of 2023, it manages more than c.1.6 billion AUM and its proprietary trading platform offers direct market access to a diverse range of financial instruments. Thanks to its partnership with various companies, EXANTE ensures diversification, with easy access to risk management tools and financial operations.
EXANTE combines state-of-the-art technology with rigorous regulatory compliance to ensure a secure and dependable trading experience that has seen steady growth for over a decade.
Investor protection
Investors’ assets are protected by the Investor Compensation Scheme. The scheme compensates a portion of investors’ assets should the broker be declared insolvent, offering them a safeguard in the event that the broker has financial difficulties.
The investment firms associated with the EXANTE brand adhere to the regulations outlined in MiFID II (Markets in Financial Instruments Directive). As part of these requirements, EXANTE ensures the segregation of client and company assets to safeguard investors. Client funds are kept in separate accounts with reputable custodians, ensuring that EXANTE itself cannot access these assets.
Legal structure
EXANTE operates as a global brand utilized by a network of brokerage firms, each independently licensed by various regulatory authorities mentioned earlier, with a presence in over 20 locations worldwide. The EXANTE trademark is owned exclusively by XNT Ltd., which has authorized EXT Ltd., XHK Ltd., and LHCM Ltd. to use the EXANTE name and branding.
EXANTE trading platform
EXANTE’s trading platform is available for traders on desktop, web, and mobile. This allows for a seamless trading experience across multiple platforms and devices.
Desktop trading
The desktop trading platform offers traders a full-fledged trading experience. It is designed to cater to the needs of experienced traders by offering them advanced trading tools and features. The platform doesn’t rely on your browser or HTTP protocol, which ensures quicker processing of trading orders and eliminates any connectivity issues or unnecessary delays.
Web trading
EXANTE’s trading platform is accessible on any web browser without requiring any software downloads. The platform boasts a sleek and intuitive interface, allowing traders to easily move between different financial instruments, manage portfolios, and execute trades.
It also includes comprehensive data feeds and a range of charting tools, providing traders with the necessary resources to make informed decisions. The web trading platform’s modular structure is a key feature, allowing for customisation.
Mobile trading
The mobile trading app from EXANTE is compatible with both iOS and Android. The app provides traders with a multitude of trading tools, similar to the desktop version, through a user-friendly interface. With real-time market data, traders can easily execute trades and successfully manage portfolios. The app is easy to navigate and also offers popular trading modules, including the basket trader.
Trading modules
The image above is for illustration purposes only and may not be an exact representation of the product.
The EXANTE trading platform includes a Bond Screener tool, enabling users to search for bonds and apply multiple filters simultaneously. Additionally, it allows filtering by the option for electronic execution, making it possible to place orders directly through the platform. For bonds without electronic execution, users have the option to trade via voice communication.
Another module to note is the AutoExec module, which allows users to create Automated Execution strategies. This module includes a Grid Strategy, which automates the placement of buy and sell orders at fixed intervals or price levels.
The Basket Trader is also a popular module among traders as it lets you collect a portfolio of assets and jointly execute them as Market orders. You can easily add instruments to the Basket Trader by simply dragging them into the module.
Conclusion
EXANTE is a globally regulated trading platform that provides a diverse selection of financial instruments with transparent commission rates. Although there are some downsides like a lack of automation and high opening deposits, EXANTE is still a great option for experienced traders who are seeking advanced features with a modern, customisable trading platform.
DISCLAIMER:
This article is provided to you for informational purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced here. This article or any portion thereof may not be reprinted, sold, or redistributed without the prior written consent of EXT Ltd (hereafter known as “EXANTE”).
While every effort has been made to verify the accuracy of this information, EXT Ltd. cannot accept any responsibility or liability for reliance by any person on this publication or any of the information, opinions, or conclusions contained in this publication. The findings and views expressed in this publication do not necessarily reflect the views of EXANTE. Any action taken upon the information contained in this publication is strictly at your own risk. EXANTE will not be liable for any loss or damage in connection with this publication.