EXANTE is a registered trademark and brand name of a global trading platform that offers investors access to over a million financial instruments.
Available to clients in over 100 countries, its clients typically include banks, wealth managers, and professional traders. This review examines the EXANTE trading platform, its fees and features, and how it protects investors.
About EXANTE
EXANTE, a trademark and brand owned by XNT Ltd, is used by several licensed investment firms around the world, registered in the UK, Malta, Cyprus, and Hong Kong. Founded in 2011, the EXANTE multi-asset trading platform allows investors to trade a range of financial instruments with a single multi-currency account and is available on the web, as well as a mobile and desktop application.
The platform also offers a demo trading account with 1 million EUR in virtual currency, which is ideal for new clients to test out the platform before executing real trades.
Legal structure
In terms of its legal structure, the investment firms operating under the EXANTE trademark are regulated by the FCA (UK), CySEC (Cyprus), and SFC (Hong Kong). Adhering to these regulations ensures that these investment firms follow strict ethical and financial standards.
In addition to these regulations, the investment firms operating under the EXANTE trademark are also GDPR compliant, protecting personal data and preventing any misuse thereof.
Investor protection
The investment companies operating under the EXANTE brand protect investor funds as part of the Investor Compensation Scheme, which protects investors in the event that a broker experiences financial difficulties. The scheme will then compensate them a portion of their assets.
The investment companies offering the EXANTE trading platform also comply with MiFID II (Markets in Financial Instruments Directive). Client assets are managed by trusted custodians and are held separately from company assets.
Is EXANTE a scam?
EXANTE is a reputable global trading platform used by multiple regulated investment firms worldwide. The platform has received multiple awards, including the Diversity Marketing & Recruitment Initiative of the Year award from The Financial Times, twice, as well as Best Sustainable Investment Company 2024 – Europe at the Ethical Finance Awards.
There is a minimum opening deposit of 10,000 EUR for individual traders and 50,000 EUR for corporate accounts, making EXANTE ideal for seasoned investors.
EXANTE trading platform
Desktop
The desktop trading platform from EXANTE is a comprehensive platform that provides professional traders with a range of advanced trading tools and features. Unlike web-based trading platforms, the desktop platform does not rely on the HTTP protocol, ensuring faster trading order processing and eliminating unnecessary delays or connectivity issues.
Some of the modules available on the desktop trading platform include the Basket Trader, the Bond Screener, and the Trade Blotter.
Web
EXANTE’s web-based trading platform enables clients to access it from any web browser without the need to download any software. The platform features a sleek and intuitive user interface, allowing traders to easily switch between financial instruments, execute trades, and manage their portfolios.
The platform offers comprehensive charting tools and real-time data feeds, providing traders with the resources they need to make informed trading decisions. One of the key features of the web trading platform is its customization abilities, made possible by its modular structure.
Mobile
EXANTEs mobile trading app works on both Android and iOS devices. The app offers a variety of trading tools, some similar to the desktop version, with a sleek and user-friendly interface. It is easy to navigate and includes useful tools such as a bond screener and basket trader. Traders can access real-time market data, manage their portfolios, and execute trades.
Fees
EXANTE has a very transparent fee structure with no hidden or management fees, and it only charges fees for actual trades. The maximum trading fee for stocks and ETFs on main U.S. exchanges is USD 0.02 per share and for European exchanges, trading fees range from 0.02% to 0.18%.
The fees for futures and options vary by exchange. For US exchanges, fees start at 1.5 USD, while for European exchanges, fees start at 1.5 EUR. Different fees apply to other exchanges such as OSE, SGX, HKEX, and ASX. In terms of currency pairs, there is a conversion fee of 0.25% for all major currency pairs and a 0.4% fee for all other pairs.
For shorting stocks, the fee is 12% of the transaction as an annual rate. Bonds attract a custody fee of 0.3% annually and there are no margin trading fees as long as the utilization remains below 100%. For manual executions, there is a 90 EUR fee for voice trading (phone/email orders).
Conclusion
To sum up, EXANTE is a trustworthy broker that offers multi-account trading and sophisticated reporting features, all of which are essential for experienced traders. Even with the minimal downsides, like a high minimum opening deposit and the lack of automation, the EXANTE trading platform is an excellent choice for advanced traders looking for a customizable 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. 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 EXT LTD. Any action taken upon the information contained in this publication is strictly at your own risk. EXT LTD. will not be liable for any loss or damage in connection with this publication. Costs mentioned herein may increase or decrease as a result of currency and exchange rate fluctuations and are subject to change.