In this comprehensive review, we’ll discuss whether the EXANTE platform is a fraud or legit, how it protects investor funds, and the features of the platform.
About EXANTE
EXANTE is a global trading platform and a registered trademark used by various investment firms worldwide. The investment firms operating under the EXANTE brand are registered in Cyprus, Malta, the UK, and Hong Kong, respectively, and are individually licensed by the FCA (UK), MFSA (Malta), CySEC (Cyprus), and SFC (Hong Kong). As such, they operate within strict financial and ethical standards, providing investors with peace of mind about their assets.
With more than 1.6 billion AUM and more than a decade in business, EXANTE is a reputable global trading platform with clients that include banks, wealth managers, and private investors.
Fraud prevention
The investment firms offering the EXANTE trading platform to their clients ensure compliance at all times by keeping up to date with international sanction regulations.
EXANTE strongly emphasizes regulatory compliance and uses cutting-edge technology to ensure a reliable and secure trading experience. This includes monitoring transactions that could violate the US OFAC, UN, UK, and EU Sanctions Regimes to help prevent fraud.
Further to this, the trading platform does not accept clients from any sanctioned country or region.
Investor protection
Investor funds are protected by the Investor Compensation Scheme, which safeguards investors in the event of the broker becoming insolvent. It covers clients for claims arising from the covered services provided by EXT LTD and compensates investors for a portion of their assets.
Trading platform
The EXANTE trading platform serves traders in over 100 countries and provides access to 50+ markets. It is ideal for seasoned investors as it offers more than a million financial instruments.
The trading platform is available for clients on mobile, desktop, and web, and offers a range of advanced trading features for experienced traders.
The mobile trading application is created for traders who want the convenience of a mobile trading experience on a compact screen. The application is available for users on Android and iOS and incorporates various safety features that comply with industry standards.
This includes biometric authentication using fingerprint recognition, as well as two-factor authentication (2FA) to provide an additional layer of security.
The desktop trading platform is a robust tool for experienced traders. Just like the mobile app, the desktop version implements advanced encryption to ensure the protection of sensitive data and client information.
The desktop platform is feature-rich and highly customizable thanks to its modular design. It comes with a powerful search function that enables users to find trading instruments quickly and the search bar is responsive and includes various parameters such as exchange, region, or asset class.
The trading platform offers a diverse selection of order types, including conditional orders, which creates a complex trading environment. The order management system is highly robust, allowing for real-time monitoring of order statuses, and quick adjustments.
When it comes to the web platform, it offers traders a range of customization options and allows for quick trades. This makes the web version of the EXANTE trading platform ideal for traders who don’t want to download and install software but still want to execute trades seamlessly.
EXANTE’s web trading platform boasts a user-friendly interface and operates on a network of more than 1,000 servers worldwide, ensuring secure data transfers and minimal delays in executing trades.
One minor disadvantage of the platform is that it doesn’t currently support custom third-party indicators, which could be a little restrictive for more advanced traders.
Trading fees
One major advantage of the EXANTE trading platform is that it only charges fees on actual trades. For stocks and ETFs, fees vary by exchange and start at 0.02 USD for US exchanges.
Here are a few other examples of EXANTE’s fees:
- Margin trading fees are not charged if the margin utilization is below 100%.
- There are no account management fees.
- There is a fee for phone orders, which is 90 EUR.
- An annual custody fee of 0.3% is charged for bonds.
- To short stocks, you will be charged a fee of approximately 12% of the transaction value, calculated on an annual basis.
These fees are accurate as of 2024. The latest EXANTE trading platform fee schedule is available here.
Conclusion
The EXANTE trading platform provides a broad selection of trading instruments and direct market access with transparent rates and reliable client support. Despite some minor drawbacks, such as a high minimum deposit for individual professional traders, it is a great choice for experienced traders who want a trading platform with advanced features.
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. (hereafter known as “EXANTE”) 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.