Exante is a broker that has been operating in the financial markets for over a decade. Founded in 2011, the company has grown to offer its services in over 20 locations, providing access to over 600,000 instruments in more than 50 global markets. In this Exante review, we will take a closer look at the broker, its services, and the overall user experience.
Exante’s instruments on offer
To begin with, of the standout features of Exante is its extensive selection of financial instruments. The broker provides access to a wide range of assets, including stocks, bonds, currencies, commodities, and derivatives such as options and futures. This wide range of financial instruments means that clients have plenty of options to diversify their portfolios.
Trading platforms available
In terms of trading platforms, Exante offers both a web-based platform and a downloadable desktop application. The web platform is user-friendly and easy to navigate, with real-time market data, customizable charts, and a variety of trading tools. The desktop application, on the other hand, offers more advanced features such as algorithmic trading, advanced charting, and the ability to create custom indicators. Both platforms are available in multiple languages.
Exante also has a dedicated app that users can access on mobile devices so they can trade while on the go. The mobile platform includes all the necessary information a trader will need when managing their portfolio. These include the account balance, trade activity, real-time market data, position overview, current orders and historic order overview, a bond screener tool to identify the best investment opportunities in bond markets, a transaction history overview, click-trade functions, and seamless transfers between accounts.
Licensing and regulation
Exante is licensed and regulated by the Malta Financial Services Authority (MFSA), which is a reputable financial regulatory authority in the European Union. The broker is also a member of the Investor Compensation Scheme, which provides protection for clients. This level of regulation and protection should provide clients with peace of mind when trading with Exante.
As Exante has several locations around the world, rest assured they are licensed there too. For example, it has offices and offers its services in London and Hong Kong, two major financial hubs in the West and the East. In London, it is compliant with and licensed by the UK’s Financial Conduct Authority, while in Hong Kong, it is compliant with and licensed by the city’s Securities and Futures Commission, which oversees financial operations locally.
As an EU-based broker, Exante is compliant with MiFID II, which stands for Markets in Financial Instruments Directive II. It is a regulatory framework for financial markets in the European Union. It came into effect on January 3, 2018, and it is aimed at providing greater transparency and investor protection.
Under MiFID II, brokers are required to meet certain obligations, such as providing clients with detailed information on the costs and charges associated with their services, ensuring best execution for clients, and maintaining robust systems and controls to prevent market abuse. MiFID II also introduces new requirements for reporting and record-keeping, such as the mandatory reporting of transactions to a centralised trade repository.
Customer support
As a global professional trading firm that is created for cosmopolitan professionals with busy schedules, Exante prides itself on its multi-language customer care that is available 24/7. If you are someone who needs lots of support, this would be perfect for you. On the Exante website, they guarantee that they respond to customer queries in under three minutes, with their support team on the clock on the phone, over email, and using the chat box function.
Currently, the languages supported by Exante’s team are English, German, Portuguese, Italian, Russian, Spanish, Chinese, and French. This list is not exhaustive. If you are a first-time trader who is looking to inquire more into Exante’s services before committing, you can also request to set up a call with Exnte by leaving them a request. If you are an existing client, you can gain demo access and receive dedicated and personalised support based on your individual risk assessment and investment needs.
Final words
The consensus regarding Exante on the Internet is that it is a reliable broker that can serve the professional trader very well. Aside from its reliability and flexibility, Exante offer multiple perks for traders who want to take their trading skills to the next level. This includes offering help with implementing and integrating APIs and providing secure connections with data centres around the world to ensure traders receive direct market access and fast execution.
Of course, it is essential to remember that all forms of trading carry risk, and that traders, no matter how skilled, should make sure they understand the risks involved in every trade they make. If in doubt, they should contact a wealth manager to make sure their financial interests are being protected.
