November 21, 2024

Marov Business

Business Blog

An updated review of EXANTE – broker offering and reputation

4 min read

EXANTE is a broker that caters to professional traders around the world, and they currently have over 2 billion USD in assets under management. This is a review of the broker’s services and offerings, regulations, and reputation. If you are looking to learn more about their services, you can visit their website for details and updated offerings, and if you are looking to dig deeper into their platform features and functions, you can visit this EXANTE broker opinion piece.

Disclaimer: This review was written as an independent piece, not affiliated with EXANTE or the broker’s team members. Trading the financial markets is a risky activity and profits are never guaranteed. If you are unsure about how to trade, it is your responsibility to educate yourself on how the markets and trading work. This review was written for informational purposes only and should not be considered endorsement.

Is EXANTE a regulated broker?

EXANTE was founded in 2011 by industry experts Alexey Kirienko, Gatis Eglitis, and Anatoly Knyazev. As a broker that was founded to cater to professional and advanced traders, EXANTE’s vision is to build a more transparent trading environment by creating greater accessibility around market data and trading technology.

EXANTE is regulated in the UK by the FCA, in Hong Kong by the SFC, in Malta by the MFSA, and in Cyprus by the CySEC. It has a global clientele, with some account opening restrictions in certain countries and territories and requires enhanced due diligence in a handful of others (more details below, under Account Options).

With over 2 billion USD in total assets, the broker is in a good position and has received industry acclaim for its trading platform. In 2023, EXANTE received the award ‘Best Multi-Asset Broker’ at the prestigious InvestCuffs conference, and more recently in 2024, the broker was titled ‘Most Innovative Multi-Asset Trading Platform’ and ‘Best Bespoke Wealth Mangement Services in Europe’ at the International Investor Awards.

EXANTE’s offerings

EXANTE’s target demographic is experienced and advanced individual traders and professional (institutional) financial firms such as brokers, banks, and fund managers. They offer both regular and prime brokerage services, including white label and liquidity solutions, among others.

Financial markets available

EXANTE offers access to all the major financial markets – forex, stocks and ETFs, commodities, bonds, and derivative trading through options and futures. Here are more details, at a glance:

Forex 50 currency pairs
Stocks and ETFs 40,000+ stocks in 30+ financial markets around the world, including the NYSE, the NASDAQ, the ASX, individual Euronext exchanges, and more
Bonds Exchange-traded and OTC bonds, and state and corporate bonds across Europe and the US
Commodities Precious metals including gold, silver, platinum, palladium, and copper
Options 500,000+ options on instruments from global financial markets
Futures 15+ global futures markets, including the ASX, the CBOE, and the CME

Account options

EXANTE offers individual and corporate accounts, and demo accounts are available upon registration with the broker at no cost. Those with individual accounts can also create and trade with a corporate account.

Individual accounts begin at 10,000 EUR (or currency equivalent). They allow multi-currency trading and currencies can convert automatically. Traders who register for an individual account will gain access to the live trading platform once they verify their identity and fund their account, and they will be able to access global markets with 100% live prices.

Corporate accounts begin at 50,000 EUR (or currency equivalent). Multi-currency trading is also possible, and currencies convert automatically. Traders who wish to register for a corporate account should fulfil business verification requirements, and those who wish to trade on an institutional level can benefit from EXANTE’s prime brokerage solutions.

Finally, EXANTE offers the option of a demo account for those who wish to practice their trading skills or simply get used to their trading platform. Demo accounts are free and can be activated upon registration, with no documentation required. Virtual funds of 1 million EUR are supplied and can be reset upon request, but market data is delayed by 30 minutes on the trading platform.

The EXANTE trading platform

EXANTE pledges commitment to providing a sophisticated trading platform for advanced traders, and they offer a proprietary solution – the EXANTE trading platform. Trading is available through a web terminal, an app (iOS and Android), or through a downloadable desktop app. Transition between devices is smooth with minimal disruption, and trade execution speeds are 10ms with EXANTE’s network of 1,100 servers.

The EXANTE platform is a standard one with one-click trading and customizable charting with technical indicators. One thing that stands out – and lives up to their promise for those with complex strategies – is the use of their own HTTP or FIX API. Traders can create their own data-rich financial apps, such as smart messenger bots, with their HTTP API. They can also automate their trades with predefined parameters using the FIX 4.4 protocol – the standard within the industry. Overall, there is a lot that can be done with these plug-ins, and traders can monitor their trades on their terminal.

Final words

EXANTE is a broker targeting professional traders, and those who wish to execute complex or advanced strategies will find their trading platform a good place to do this. With over a million instruments available for trading – and more potentially available upon request – portfolio diversification is also easily achieved. The additional access to automated trading is a bonus for those who prefer a more hands-off approach as well. Overall, the broker lives up to its mission and vision to provide sophisticated trading technology, and the high barrier entry of 10,000 EUR to open an individual account is well justified.