Penton Partners

Exante Broker Review

Exante is an international broker providing access to a variety of financial products. Over 50 markets can be traded from a single account.

exante review

Evaluation of services

It is possible to evaluate a broker by the following factors

  • Reliability - 5.
  • Utility of the service - 4.
  • The number of financial products available is 5.
  • The work of the helpdesk - 5.
  • Commissions - 4.

Based on these indicators, the final rating is 4.5.

Financial instruments traded by Exante

Customers have access to the following types of financial products:

  • Options.
  • Foundations.
  • Futures.
  • Precious metals.
  • Shares.
  • Currency pairs.
  • ETF.
  • Bonds.

Shares, funds

The platform makes available several thousand of these instruments across dozens of exchange markets.

Futures contracts

For example, this service allows you to trade several thousand futures contracts from multiple markets:

  • CME Group.
  • Eurex.
  • FORTS.

Options

A diversification tool that allows you to manage investment periods while hedging directional positions. Options are available on:

  • Futures.
  • Shares.
  • Indicators.
  • Interest.

Bonds

Investors can buy thousands of bonds through Exante.

Currency pairs

The company's clients can trade multiple currency pairs.

Funds

The product is suitable for investors and asset managers.

History

The company is Maltese and opened in 2011.

  • The broker was founded by Global Hedge Capital Fund founder Alexey Kirienko.
  • Gatis Eglitis is co-founded Exante in 2011 as the member of executive and investment committee in Malta. After five years, in 2016 Gatis transferred to the position of the managing partner of EXT ltd, being directly responsible for strategic planning and business development at Exante.
  • Anatoliy Knyazev and Vladimir Maslyakov worked on interface development and programming code.
  • The partners created the Bitcoin Fund, which led the industry with a 6400% return in 2013.

Most users of the service live in Asian countries. The number of customers from the Russian Federation is no more than one-third.

Trading platform

It functions according to the modularity principle. The terminal has two modes of operation: automatic trading, manual trading.

PC version

The desktop version runs on computers with any operating system.

Pros:
  • API connectivity is available for creating custom trading programs, market research and algorithmic trading using automated trading systems.
  • The interface is clear.
  • Multilingual platform - 10 languages available.
  • Ability to transact across all platforms and with all financial products from one account, without having to switch from one profile to another.
  • Convenient features. For example, to open a chart of a desired tool, simply drag its name from the list of available tools to the desired window.
  • Modules for analyzing individual markets: "board" option, possibility of searching for bonds.
Cons:
  • Small selection of technical indicators placed in the "Chart" section. Only 29 indicators are available in Exante.
  • Users are not allowed to add their own or third party indicators themselves.

Mobile version

The mobile app works on both Android and iOS smartphones.

Pros:
  • Simple interface.
  • 13 time intervals for displaying graphs.
  • It can be displayed in 7 languages.
  • A wealth of personalized settings.
Cons:
  • No "cup" with applications.
  • There is no chat to contact the help desk.
  • Only 5 technical indicators are present for chart examination.

Tariffs and conditions of trade

Brokerage services are provided on these terms:

  • Shares on U.S. exchanges are trading at $0.02.
  • Futures and options on the Moscow exchange - from 1 ruble.
  • Securities on the London Stock Exchange - 0.05% of the transaction amount.
  • Shares on the Hong Kong Stock Exchange - 0.08% of transaction volume plus additional fees.
  • Precious metals - 0.005% of the transaction amount.
  • Securities on the Moscow Exchange - 0.02% of the transaction value.
  • Futures and options on US exchanges - from $1.5.
  • Securities on the Xetra platform - 0.05% of the transaction amount.

Comparison with Saxo Bank and interactive brokers

This chart compares Exante to its main competitors.

BrokerMinimum deposit value

Available exchangesFees for equity transactionsTerminalLicenseContact the technical support department

Exante

10 000 €

More than 50 renowned international exchanges, including the Moscow Exchange

American exchanges - $0.02 per security, Moscow exchanges - 0.02% of the transaction amount.

Exante

CySEC (Cyprus, EU)

Phone, e-mail, chat

Saxo Bank

10 000 $

59 international sites

Exchanges in the USA - USD 10 per transaction

SaxoTrader

FSA (Denmark)

Telephone, correspondence in the terminal

Interactive brokers

unavailable

135 international markets

$1 per operation

Investor's workstation

SEC (America)

Telephone, correspondence on company website

Total

Exante is not suitable for everyone. The company's target group is not beginners, but experienced traders who will benefit from all investment products offered. Besides, it is convenient to have one trading account for all operations. Own terminal is an advantage for those who know programming and can adapt it to their needs.

Exante is the best option for international trading with low commissions. The minimum deposit amount is €10,000, so the broker cuts out novices and the occasional person.