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EXT Forex broker specializes in providing foreign exchange trading services, the company's official website https://ext.com.cy/#..., the company's legitimate regulatory information CyprusCYSECMarket Maker (MM) to enhance the security of the company's address 28 Oktovriou, 365 Vashiotis Seafront Building 3107, Limassol, Cyprus

EXT Forex Broker

Basic Information

Registered Region
Cyprus
Operating Period
--
Company Name
EXT LTD
Abbreviation
EXT
Company employee
--
Customer Service Email Address
info@ext.com.cy
Contact Number
+35725342627
Company Website
Company address
28 Oktovriou, 365 Vashiotis Seafront Building 3107, Limassol, Cyprus
Keywords
10-15 years
Regulated in Cyprus
Market Maker (MM)
Suspicious Scope of Business
High potential risk

Company profile

Aspect Information Company Name EXT Registered Country/Area Cyprus Founded Year 2019 Regulation Regulated Minimum Deposit €10,000 for individuals and €50,000 for corporate accounts Maximum Leverage N/A Spreads From 0.3 pips Trading Platforms Web Trader (Desktop, Tablet and Mobile) Tradable Assets Stocks, ETFs, bonds, futures, options, metals, and currencies Account Types Demo and live trading accounts for individuals and corporate clients Demo Account Available Customer Support Email and phone Deposit & Withdrawal Bank transfer Educational Resources FAQ and document certer Overview of EXT EXT LTD, established in 2019 and registered in Cyprus, is regulated by CySEC (registration number 165/12) and falls under ESMA regulation. It is part of the Exante international group, which has multiple offices across Europe and Asia and is authorized by the Malta Financial Services Authority (MFSA). EXT offers access to over a million financial instruments, including stocks, ETFs, bonds, futures, options, metals, and currencies. It provides a comprehensive trading solution with a focus on technology and global market access. Regulatory Status EXT LTD is regulated by CySEC, a reputable European financial authority, and falls under ESMA regulations. Furthermore, its affiliation with Exante, authorized by the MFSA, introduces an additional layer of regulatory oversight. Pros and Cons EXT boasts a comprehensive suite of trading instruments, encompassing stocks, ETFs, bonds, futures, options, metals, and currencies. Traders gain access to a diverse selection of markets, with over 30 financial markets and 15 global futures markets available. Furthermore, the broker operates under the regulatory oversight of CySEC and adheres to ESMA regulations, providing an additional layer of security and confidence for its clients. However, the lack of detailed information regarding account types and leverage on their website could be a significant drawback for those seeking transparency and specific details tailored to their trading needs. Additionally, the presence of withdrawal fees and limited customer support options might be perceived as inconveniences. EXT's limited educational resources may not satisfy traders seeking diverse learning materials. Pros Cons Diverse range of trading opportunities Limited information about account types Straightforward account opening process Limited information about leverage Regulated by CySEC Presence of withdrawal fees Part of the well-established Exante international group Limited Customer support channels Educational resources limitation Market Instruments EXT provides access to a vast array of financial instruments across various asset classes: Stocks & ETFs: EXT's trading platform provides access to a wide array of stocks and ETFs, spanning over 30 global financial markets. Over 40,000 investment opportunities cater to both experienced traders and those new to the market. The platform equips users with the necessary tools and resources to make informed trading decisions. Metals: Clients can invest in precious metals like platinum, gold and silver. Metals are an expensive and difficult-to-extract commodity and equally valued by industrial players and investors. Options: EXT provides trade options on various underlying assets. Customer can find, analyze, trade options in a convenient online trading platform that features numerous powerful tools. Currencies: EXT also offers access to 50 currency pairs for forex trading 100% reliable trading with responsible leverages. Futures: Clients can trade futures contracts from over 15 global markets Over 500 futures varieties from commodities to bonds on markets like CME, NYMEX or EUREX. Funds: Hundreds of funds are available to traders with EXT's Hedge Fund Marketplace. Bonds: EXT offerS a unique set of government and private bonds. With them clients get access to prime bonds with limited issue (both exchange-traded and OTC). Account Types EXT offers both demo and live trading accounts for individuals and corporate clients. However, specific details about the features and conditions of each account type are not readily available on their website. Account Opening Process Opening an account with EXT is a straightforward process that can be completed in a few simple steps: Get Started: Click on the “Get Started” button on the EXT website. Choose Account Type: Select between an individual or corporate account. Fill in Information: Provide your name, email, phone number, and other required details. Submit: Click the submit button to send your application. Fund Your Account: Deposit the minimum required amount (10,000 EUR for individuals, 50,000 EUR for corporate). Start Trading: Access the platform and begin trading once your account is funded and verified. Leverage EXT claims to provide 100% reliable trading with responsible leverage for a safe forex experience. However, the broker does not provide specific leverage ratios for different instruments on its website. Traders should contact EXT directly for detailed information regarding leverage. Trading Fees EXT does not charge account maintenance fees. Commissions apply only for trading and withdrawals. The broker provides minimum rates for major exchanges, including: Stocks & ETFs: from 0.02 USD Options: From 1.5 USD Currencies: From 0.3 spread Funds: From 0.5% Metals: From 3 USD Bonds: From 9 bps Futures: From 1.5 USD Withdrawal fees are also applicable at €30 per withdrawal. Trading Platform EXT offers a proprietary trading platform accessible on various devices, including web, desktop (Windows, macOS, Linux), and mobile (iOS, Android). The platform utilizes the latest technology trends and boasts a network of over 1,100 servers worldwide for low latency and secure data transfers. Deposit and Withdrawal EXT supports bank transfers for deposits, with a minimum deposit of €10,000 for individuals and €50,000 for corporate accounts. Withdrawals are processed within one day and typically take 3-5 banking days to reach the client's account. Supported currencies include EUR, USD, and GBP. A withdrawal fee of €30 applies. Customer Support Options EXT offers 24/7 customer support via phone (+357 2534 2627) and email (info@ext.com.cy). Educational Resources EXT provides a FAQ section and a document center on its website, which may contain educational materials and resources for traders. However, no other specific educational offerings are mentioned. Conclusion EXT, regulated by CySEC and part of the Exante group, offers a wide range of trading instruments and a technologically advanced trading platform. However, the lack of transparency regarding account types and leverage, combined with the absence of detailed educational resources, may deter some traders. Overall, EXT could be suitable for experienced traders seeking diverse markets and a robust platform, but its lack of transparency and limited educational resources may not appeal to beginners. FAQs Q: Is EXT a regulated broker? A: Yes, EXT LTD is regulated by CySEC (registration number 165/12) and falls under ESMA regulation. It is also part of the Exante group, which is authorized by the MFSA. Q: What is the minimum deposit required to open an account with EXT? A: The minimum deposit is €10,000 for individual accounts and €50,000 for corporate accounts. Q: What trading platforms does EXT offer? A: EXT offers a proprietary trading platform accessible on web, desktop, and mobile devices. Q: Does EXT charge any fees? A: EXT does not charge account maintenance fees. Commissions apply for trading and withdrawals. The broker also charges a withdrawal fee of €30. Q: What educational resources does EXT offer? A: EXT provides a document center on its website, which may contain educational materials. However, no other specific educational offerings are mentioned.

Rating Index

How to login to EXT?
ext Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register an ext Account Registering for an ext account is the first step toward accessing a wide array of trading instruments and features offered by the platform. Follow thes

  

EXT Forex Broker - Complete Information Guide

  

1. Broker Overview

  EXT Ltd, established in 2011, is a Cyprus-based investment company that operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC). The company's headquarters is located in Limassol, Cyprus, and it also has a significant presence in Hong Kong, where it is regulated by the Securities and Futures Commission (SFC). EXT is a privately held firm that aims to provide comprehensive financial services to a diverse clientele, including retail and institutional traders.

  Since its inception, EXT has focused on delivering fast, reliable, and technologically advanced trading solutions. The company has achieved significant milestones, including obtaining multiple regulatory licenses, which have enabled it to expand its services into various global markets. The broker primarily caters to professional traders, offering direct market access to over 600,000 trading instruments across more than 50 markets, including forex, stocks, ETFs, metals, futures, options, and bonds.

  EXT operates primarily as a multi-asset broker, providing a single account solution that allows clients to access various financial markets seamlessly. The firm's business model emphasizes transparency and competitive pricing, making it an attractive option for traders seeking a robust trading environment.

  

2. Regulation and Compliance Information

  EXT Ltd is regulated by two primary authorities: the Cyprus Securities and Exchange Commission (CySEC) and the Securities and Futures Commission (SFC) in Hong Kong. The regulatory license numbers are as follows:

  • CySEC License Number: 165/12
  • SFC License Number: BNN 565

  The licenses granted to EXT allow it to operate in compliance with the stringent regulations established by these authorities, ensuring a high level of investor protection. The broker adheres to the Markets in Financial Instruments Directive II (MiFID II), which provides a framework for investor protection and market integrity across Europe.

  Client funds are held in segregated accounts, separate from the company's operational funds, providing an added layer of security for investors. EXT also participates in investor compensation schemes, which further safeguard client deposits in the event of insolvency. The firm implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to prevent fraud and ensure compliance with international regulations.

  

3. Trading Products and Services

  EXT offers an extensive range of trading products, catering to various trading styles and strategies. The broker provides access to the following asset classes:

  • Forex: Over 50 currency pairs, including major, minor, and exotic pairs.
  • CFDs: Contracts for difference on indices, commodities, and stocks.
  • Stocks: A wide selection of shares from international markets.
  • ETFs: Exchange-traded funds that provide diversified exposure to various sectors.
  • Metals: Precious metals such as gold and silver.
  • Futures and Options: Trading opportunities in various futures contracts and options.
  • Bonds: Access to government and corporate bonds.

  The broker continuously updates its product offerings, ensuring that clients have access to the latest financial instruments. However, it should be noted that cryptocurrencies are not currently available for trading on the EXT platform.

  Retail trading services are a significant focus for EXT, but the broker also provides tailored solutions for institutional clients, including white-label solutions and asset management services. This diverse range of services positions EXT as a comprehensive provider in the financial markets.

  

4. Trading Platforms and Technology

  EXT operates its proprietary trading platform, which is designed to be fast, intuitive, and secure. The platform supports various devices, allowing traders to access their accounts via web browsers, desktop applications (Windows, macOS, and Linux), and mobile applications (iOS and Android).

  The key features of the EXT trading platform include:

  • Customizable Interface: Users can personalize their trading environment to suit their preferences.
  • Advanced Charting Tools: Traders can utilize a range of technical analysis tools, including indicators and drawing tools.
  • Real-Time Data: The platform provides live streaming quotes and market depth information.
  • Order Management: A straightforward order panel allows for easy execution of trades with risk management features such as stop-loss and take-profit orders.
  • API Integration: For algorithmic traders, EXT offers HTTP and FIX APIs, enabling automated trading and data retrieval.

  The platform's robust infrastructure, supported by a network of over 1,100 servers, ensures low latency and secure data transfers, enhancing the overall trading experience for clients.

  

5. Account Types and Trading Conditions

  EXT provides a single account type for individual traders with a minimum deposit requirement of €10,000. Corporate accounts require a higher minimum deposit starting from €50,000. The trading conditions are designed to cater to professional traders, with competitive spreads and leverage options.

  Key trading conditions include:

  • Minimum Deposit: €10,000 for individual accounts; €50,000 for corporate accounts.
  • Spreads: Starting from 0.3 pips for major currency pairs like EUR/USD.
  • Commission Structure: Commissions apply to trades, but detailed commission rates are not explicitly stated on the website.
  • Leverage: Up to 1:30 for retail clients under CySEC regulations, and up to 1:500 for clients under the Hong Kong entity.
  • Minimum Trade Size: Specifics on minimum trade sizes may vary based on the asset class and should be confirmed with the broker.

  EXT also offers a demo account, allowing potential clients to test the platform and trading conditions before committing real funds.

  

6. Fund Management

  EXT supports several methods for depositing and withdrawing funds, primarily focusing on bank transfers. The minimum deposit requirement is set at €10,000 for individual accounts and €50,000 for corporate accounts.

  Key aspects of fund management include:

  • Deposit Methods: Bank transfers are the primary method for funding accounts.
  • Minimum Deposit Requirements: €10,000 for individual accounts; €50,000 for corporate accounts.
  • Deposit Processing Time: Typically processed within one business day.
  • Withdrawal Methods: Clients can withdraw funds via bank transfer.
  • Withdrawal Processing Time: Generally, withdrawals are processed within one day, with funds reaching the client's account within 3-5 banking days.
  • Withdrawal Fees: A fee of €30 applies to each withdrawal request.

  The broker does not charge fees for deposits, and there may be inactivity fees of €50 if an account remains inactive for more than six months with a balance below €5,000.

  

7. Customer Support and Educational Resources

  EXT offers robust customer support services to assist clients with their trading needs. The support team is available 24/7 through various channels, including phone, email, and fax.

  Key aspects of customer support include:

  • Support Channels: Phone, email, and fax.
  • Service Hours: 24/7 support ensures assistance is available at any time.
  • Multilingual Support: The support team is equipped to handle inquiries in multiple languages.
  • Educational Resources: While EXT provides limited educational materials, clients can access a FAQ section and document center for basic guidance. However, the broker does not offer extensive educational resources such as webinars or tutorials.

  Clients seeking in-depth market analysis and research reports may find the educational offerings lacking, which could be a consideration for less experienced traders.

  

8. Regional Coverage and Restrictions

  EXT primarily serves clients in Europe and Asia, with a strong focus on professional traders. The broker has established a presence in key markets, including Cyprus and Hong Kong, allowing it to cater to a diverse clientele.

  Key regional aspects include:

  • Primary Service Markets: Europe and Asia, particularly targeting professional and corporate clients.
  • Regional Offices: The main office is located in Limassol, Cyprus, with additional operations in Hong Kong.
  • Countries/Regions Not Accepted: EXT may have restrictions on clients from certain jurisdictions, including the United States and other regions where regulatory compliance poses challenges.
  • Special Restrictions: Specific limitations may apply based on local laws and regulations.

  In summary, EXT broker stands out as a reputable and regulated brokerage firm offering a wide range of financial products and competitive trading conditions. While it caters primarily to professional traders, the firm's robust technology and customer support services make it a viable option for those seeking a reliable trading environment.

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Latest Reviews

FX1369255927

FX1369255927

United States

EXT is a great company and I can confidently recommend it to all traders. They can help me a lot in my forex trading. The speed of withdrawal is also satisfactory to me. Good company!

Positive

2023-03-10

EXT Forex Broker has an overall rating of 4.68, Regulatory Index 6.02, License Index 4.62, Business Index 8.42, Software Index 5.42 Risk Control Index 0.00.