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EXANTE is an international investment services company. The broker incorporated a trust fund in 2006. EXANTE has been providing investors with direct memory access (DMA) to the global financial markets of the United States, the European Union, and the Asia-Pacific countries since 2011. The company is regulated by MFSA and CySEC. EXANTE is a popular Russian broker based in Malta. Apart from that, the broker has offices in London, Zurich, Dubai, Cyprus, Latvia, and Russia. EXANTE’s developers, trader Alexey Kirienko and mathematician and system programmer Anatoly Knyazev, created the EXANTE trading platform. By the way, they are also the founders of Bitcoin Fund. Interestingly, EXANTE positions itself as a European company and not a Russian one, because the broker has a European license and is focused on the European and Asian markets.
Trading conditions
EXANTE offers its clients a single account for trading in more than 50 global markets in the United States, Europe, Australia, and Asia. Those who want to open a trading account should register on the company’s official website, providing ID and a registration certificate. The minimum deposit is 10,000 EUR paid by means of a wire transfer. Unfortunately, not every novice investor has such a large amount of funds. Clients also have an opportunity to open a demo account with 1,000,000 EUR of virtual cash that can be used for an unlimited time. Trading instruments include stocks, ETFs, metals, options, bonds, currencies, futures, and funds.
Traders can trade on the company’s own EXANTE Automated Trading Platform which provides instant access to trading. This platform works on every device: Web, Windows, Mac OS, Linux, or right from Android or iOS. EXANTE Automated Trading Platform works on multiple screens so that users can display separate modules on several monitors at once. In addition, the platform has a demo version. Trading is carried out via Windows, MacOS, Linux, iOS, and Android.
A commission fee for a transaction in EXANTE depends on the market, instruments, and trade volume. For example, the maximum commission for trading stocks and ETFs will be $0.02 per share on major US exchanges and $0.05 per share on London Stock Exchange. At the same time, a commission fee starts from 0.01% on Moscow Exchange and is up to 0.18% on Oslo Stock Exchange. Importantly, the company does not charge commissions for the account exploitation. Moreover, there is no minimum transaction size. All necessary information about commissions is featured in the Client Area section, simplifying the process of capital management.
Support service
The support service works 24 hours a day. Clients can contact the support service team by phone or using a feedback form. Additionally, the website contains the FAQ section where traders can find answers to all standard questions about the broker’s activity.
Feedback
The company receives a great number of positive reviews from clients. Thus, traders mention a user-friendly trading platform, an available mobile application, a quick reaction from technical support, and a wide selection of financial instruments.
Advantages and disadvantages
Pros:
- user-friendly trading platform
- low commission
- direct access to the global foreign exchanges
- прозрачная линейка тарифов transparent line of tariffs
Cons:
- high minimum deposit
- no money insurance system
- clients have to calculate and pay taxes themselves
