It is difficult for beginning investors to analyze brokers independently and choose the most reliable option. There are too many fly-by-night companies nowadays that scam people and leave them with nothing. But there are other examples that have long earned the trust of professionals in investing. One such example is EXANTE, an investment company with a Maltese license. Feedback about EXANTE is everywhere and mostly positive, but let’s try to figure out together how true they are.
So, this is a relatively small (compared to the American giants) brokerage company founded by three trader friends from Moscow. It is now difficult to call EXANTE a startup; after all, the company already has more than a dozen offices in Europe and Asia, membership of the Malta Exchange and hundreds, if not thousands, of major clients on all continents.
Exante users have access to the order book of more than 50 financial markets and exchanges, including major ones like NASDAQ and the London Stock Exchange.
Exante opens scalping and hedging options, but there are no swap-free accounts. Features such as limit order, stop order, interest on margin, one-click trading, mobile and email notifications are available.
Trading is conducted through a platform developed by the company itself. The terminal is available both in desktop and mobile versions. There is also a solution for algorithmic trading.
Exante has built a network of 400 servers around the world to ensure minimal latency and secure data transmission.
The minimum deposit to open an account, however, is not the most modest in the market – 10,000 euros. But again, there are nuances. Those, who are well versed in stock trading, do not trade on small investments. Given the number of instruments that you get access to (35 thousand shares, 50 currency pairs, 6 thousand options and 7 thousand futures), the game is worthwhile.
What else does an EXANTE client get? Round-the-clock support, which is critical when the slightest problem and delay in execution can lead to millions in losses. From the reviews we can see that the support team responds promptly even at night, and that’s a big plus.
It’s hard to say anything about commissions, because it all depends on the market. Each site has its own fixed rate. However, EXANTE has no minimum order, which means that you can buy as much as you want starting from 1 lot. It should be noted that there are no hidden fees, all payments are discussed upon opening an account. This is also clearly explained in the section “Overview of Major Fees”.
In general, EXANTE is famous as a “new generation investment company” for a reason: the quality of services here is much higher than that of the old giants with big names. It’s easy to compare – try opening an account at EXANTE and at any other broker and you will feel the difference already at the moment of registering a personal account.
