EXANTE: Scam or Legit? Review of the Trading Platform

The image above is for illustration purposes only and may not be an exact representation of the product

 

EXANTE is the brand name of a global trading platform available to traders in over a hundred countries and offering access to over 50 markets. Its clients include wealth managers, banks, and professional traders, and the platform offers access to over a million financial instruments.

 

In this full review, we look at the EXANTE trading platform, trading features and fees, and how it protects investors.

What is EXANTE?

Owned by XNT Ltd, EXANTE is a trademark and brand that is used by multiple regulated investment companies around the world, including EXT Ltd, registered in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC).

 

EXT offers the EXANTE multi-asset trading platform to its clients, with the ability to trade a wide range of financial instruments using a single multi-currency account.

Here are a few key takeaways about the EXANTE trading platform:

  • EXANTE was founded in 2011
  • It offers access to over one million financial instruments
  • It serves clients in more than 100 countries
  • Its clients include wealth managers, banks, and professional traders
  • It offers a demo account with 1 million EUR in virtual currency
  • EXANTE only charges commissions on actual trades
  • The EXANTE trademark is used by investment firms in Cyprus, Malta, the UK and Hong Kong

The minimum deposit on the EXANTE trading platform is 10,000 EUR/GBR for individual professionals and 50,000 EUR/GBP for corporate accounts. The instruments available on the platform include stocks, ETFs, bonds, funds, metals, futures, and options.

The EXANTE trading platform has received many awards over the last decade, including the Financial Times’ Diversity Marketing & Recruitment Initiative of the Year, twice.

Is EXANTE a scam?

EXANTE is a highly reputable global trading platform that was launched more than a decade ago. It has over 1.6 billion AUM as of 2023 and combines robust regulatory compliance with cutting-edge technology to ensure a reliable trading experience.

The EXANTE trading platform is available to users on the web, as a desktop application, and as a mobile app for iOS and Android.

Regulatory compliance

As mentioned above, the investment firms using the EXANTE brand are highly regulated. They are individually licensed by the FCA (UK), CySEC (Cyprus), and SFC (Hong Kong). EXANTE has a footprint that spans over 20 global locations, and these regulations ensure that EXANTE operates within strict financial and ethical standards, providing investors with peace of mind about their assets.

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

EXT protects investors’ funds as part of the Investor Compensation Scheme. This provides protection to investors in the event that the broker becomes insolvent or experiences financial difficulties. The scheme safeguards investors and will compensate them a portion of their assets.

 

The companies offering the EXANTE trading platform also comply with MiFID II (Markets in Financial Instruments Directive). Company assets are held separately from client assets and are managed by trusted custodians (over 25 major banks).

Trading instruments

An EXT brokerage account offers traders a range of instruments on the EXANTE trading platform, which includes more than 40,000 stocks and ETFs. Commissions start at 0.02 USD and these low fees make it ideal for traders to diversify their portfolios and gain market exposure.

 

Through EXT Ltd, traders have access to a range of options for futures, stocks, and more. The EXANTE trading platform allows for the implementation of different trading strategies, so traders can take advantage of market movements. The platform also allows traders to invest in thousands of bonds, with custody fees of 0.3% per annum. Traders have opportunities to diversify their portfolios with access to prime bonds.

 

EXANTE offers access to over 50 currency pairs for trading, with spreads starting at 0.3 pips. Traders can benefit from flexible currency strategies with over-the-counter derivatives, and swaps and forwards are available for any of the currency pairs.

 

Trading on EXANTE comes with 100% real-time prices and fast execution times, making the platform ideal for serious traders. There are over 500 types of futures contracts available, with access to global markets like Eurex, SGX, and HKEX, using a single-account trading model.

 

The platform allows for the trading of over 500 funds, which allows traders to monitor positions in real time and invest with a single click. For investors interested in metals trading, EXANTE offers the ability to trade gold, silver, platinum, and more. Fees start as low as 3 USD per trade.

Trading fees

EXANTE has a transparent fee structure and commissions only apply to actual trades. Here’s a summary of the platform’s trading fees:

  • Stocks and ETFs come with a maximum rate of 0.02 USD per share for US exchanges and range from 0.02% to 0.18% for European exchanges.
  • Future and options fees depend on the exchange, where fees for US exchanges start at 1.5 USD and for European exchanges from 1.5 EUR.
  • Major currency pairs attract a cash conversion fee of 0.25%, except for EUR/USD, which has zero fees. For all other pairs, the fee is 0.4%.
  • Shorting stocks attracts a 12% fee for the transaction as an annual rate.
  • Bonds have a custody fee of 0.3% per year.
  • There are no margin trading fees as long as the utilization is below 100%.

EXANTE’s latest fees can be found on their website here.

Conclusion

EXANTE is a global trading platform that offers a wide range of instruments with transparent rates and commissions. Even with its high minimum deposit, it remains an excellent choice for seasoned investors who are looking for an advanced trading platform with a modular, customizable structure.

 

 

 

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.