EXANTE is a registered trademark and model identify of a worldwide buying and selling platform that gives buyers entry to over one million monetary devices.
Obtainable to purchasers in over 100 international locations, its purchasers usually embody banks, wealth managers, {and professional} merchants. This evaluation examines the EXANTE buying and selling platform, its charges and options, and the way it protects buyers.
About EXANTE
EXANTE, a trademark and model owned by XNT Ltd, is utilized by a number of licensed funding corporations world wide, registered within the UK, Malta, Cyprus, and Hong Kong. Based in 2011, the EXANTE multi-asset buying and selling platform permits buyers to commerce a variety of economic devices with a single multi-currency account and is accessible on the internet, in addition to a cell and desktop software.
The platform additionally presents a demo buying and selling account with 1 million EUR in digital foreign money, which is right for brand new purchasers to check out the platform earlier than executing actual trades.
Authorized construction
When it comes to its authorized construction, the funding corporations working beneath the EXANTE trademark are regulated by the FCA (UK), CySEC (Cyprus), and SFC (Hong Kong). Adhering to those rules ensures that these funding corporations observe strict moral and monetary requirements.
Along with these rules, the funding corporations working beneath the EXANTE trademark are additionally GDPR compliant, defending private information and stopping any misuse thereof.
Investor safety
The funding firms working beneath the EXANTE model defend investor funds as a part of the Investor Compensation Scheme, which protects buyers within the occasion {that a} dealer experiences monetary difficulties. The scheme will then compensate them a portion of their property.
The funding firms providing the EXANTE buying and selling platform additionally adjust to MiFID II (Markets in Monetary Devices Directive). Shopper property are managed by trusted custodians and are held individually from firm property.
Is EXANTE a rip-off?
EXANTE is a good world buying and selling platform utilized by a number of regulated funding corporations worldwide. The platform has acquired a number of awards, together with the Variety Advertising & Recruitment Initiative of the Yr award from The Monetary Instances, twice, in addition to Greatest Sustainable Funding Firm 2024 – Europe on the Moral Finance Awards.
There’s a minimal opening deposit of 10,000 EUR for particular person merchants and 50,000 EUR for company accounts, making EXANTE ideally suited for seasoned buyers.
EXANTE buying and selling platform
Desktop
The desktop buying and selling platform from EXANTE is a complete platform that gives skilled merchants with a variety of superior buying and selling instruments and options. In contrast to web-based buying and selling platforms, the desktop platform doesn’t depend on the HTTP protocol, guaranteeing quicker buying and selling order processing and eliminating pointless delays or connectivity points.
A few of the modules out there on the desktop buying and selling platform embody the Basket Dealer, the Bond Screener, and the Commerce Blotter.
Internet
EXANTE’s web-based buying and selling platform permits purchasers to entry it from any internet browser with out the necessity to obtain any software program. The platform includes a modern and intuitive consumer interface, permitting merchants to simply change between monetary devices, execute trades, and handle their portfolios.
The platform presents complete charting instruments and real-time information feeds, offering merchants with the assets they should make knowledgeable buying and selling choices. One of many key options of the online buying and selling platform is its customization talents, made potential by its modular construction.
Cellular
EXANTEs cell buying and selling app works on each Android and iOS gadgets. The app presents quite a lot of buying and selling instruments, some much like the desktop model, with a modern and user-friendly interface. It’s straightforward to navigate and contains helpful instruments equivalent to a bond screener and basket dealer. Merchants can entry real-time market information, handle their portfolios, and execute trades.
Charges
EXANTE has a really clear price construction with no hidden or administration charges, and it solely prices charges for precise trades. The utmost buying and selling price for shares and ETFs on most important U.S. exchanges is USD 0.02 per share and for European exchanges, buying and selling charges vary from 0.02% to 0.18%.
The charges for futures and choices fluctuate by trade. For US exchanges, charges begin at 1.5 USD, whereas for European exchanges, charges begin at 1.5 EUR. Totally different charges apply to different exchanges equivalent to OSE, SGX, HKEX, and ASX. When it comes to foreign money pairs, there’s a conversion price of 0.25% for all main foreign money pairs and a 0.4% price for all different pairs.
For shorting shares, the price is 12% of the transaction as an annual charge. Bonds appeal to a custody price of 0.3% yearly and there aren’t any margin buying and selling charges so long as the utilization stays beneath 100%. For handbook executions, there’s a 90 EUR price for voice buying and selling (telephone/e-mail orders).
Conclusion
To sum up, EXANTE is a reliable dealer that gives multi-account buying and selling and complex reporting options, all of that are important for skilled merchants. Even with the minimal downsides, like a excessive minimal opening deposit and the shortage of automation, the EXANTE buying and selling platform is a wonderful selection for superior merchants in search of a customizable buying and selling platform.
DISCLAIMER:
This text is supplied to you for informational functions solely and shouldn’t be thought to be a suggestion or solicitation of a suggestion to purchase or promote any investments or associated companies that could be referenced right here. Whereas each effort has been made to confirm the accuracy of this info, EXT LTD. can’t settle for any accountability or legal responsibility for reliance by any individual on this publication or any of the data, opinions, or conclusions contained on this publication. The findings and views expressed on this publication don’t essentially mirror the views of EXT LTD. Any motion taken upon the data contained on this publication is strictly at your personal threat. EXT LTD. is not going to be answerable for any loss or harm in reference to this publication. Prices talked about herein could improve or lower because of foreign money and trade charge fluctuations and are topic to vary.
