Search

Errante Forex Broker provides real users with 4 positive reviews, 4 neutral reviews and 11 exposure review!

Errante Broker Review

6.51

WikiFX monitor

Software Index

Full License

Risk Control

Risk Manage

Errante Review 19

Latest All(19) Positive(4) Neutral(4) Exposure(11)
Exposure
My withdrawal request was denied and my account was frozen.

I received the following email when I tried to withdraw my profits. ------------ We have checked your usage environment in our responsible department and found that the same IP address is being used among multiple accounts (which appear to belong to different customers). This situation is likely to violate our terms of service, and we regretfully revoked the profits from the relevant trades. In addition, we took measures to freeze your account. We appreciate your understanding. ------------ My family members do not trade forex, so I have no idea where this is coming from. This is an unfair treatment.

FX2788163487
20h
Exposure
Scam Platform, Unable to Withdraw Principal

This is a classic scam platform where funds can only be deposited but not withdrawn. I attempted to withdraw using the TRC20 network, but the platform rejected my request, stating that funds must be returned via the ERC20 network. Subsequently, I linked an ERC20 address, but the platform again refused to allow the withdrawal, demanding that I upload the name of the exchange and wallet address. When I inquired with customer service, they absurdly claimed that I had used the BEP20 network for my deposit. I used the OKEx exchange for my deposit, which does not even support the BEP20 network. The response from customer service was clearly fabricated; they stated that I must link a BEP20 wallet address to proceed with the withdrawal. This is purely a scam platform. Can only deposit and cannot withdraw.

gh5479
03-24
Neutral

ERRANTE's minimum deposit is on par with other platforms in the industry. Their deposit and withdrawal process is straightforward and reliable, but there's not much that sets it apart from other brokers.

Wingwing Ng
2024-07-23
Positive
Efficient Trading at ERRANTE: Favorable Spreads, Swift Executions, and Free VPS Boost

Fx, commodities and indices have been good here. The spreads are okay and trading conditions seem generally fine. ERRANTE is cool and I still trade fx and indices here. Free VPS also accelerated trade executions and, I had access to it when I opened a pro account. The normal trade executions are also very cool too.

Larance Chris
2024-05-08
Neutral
ERRANTE Trading Ship Review: Steady Journey with Regulatory Hurdles & Leverage Warnings

ERRANTE, my trading ship. Regulated and diverse services make it a steady ride. Multiple accounts and reliable platforms add to the journey. Watch out for limited regulatory coverage and potential leverage risks. Surprise commission charges for custom accounts, but overall, satisfied after 18 months

Lilybrown
2023-12-04
Exposure
My transactions in the past two days were not recognized by the broker.

I want to expose the errante again. I want to mediate, not quarrel. But the customer service couldn't understand it. I believe that if the boss knows about this matter, he will help me solve this matter. The system problems are not our fault. I just want to coordinate to get my money back, 24,000USD is not a small amount.

daniel1530
2023-11-02
Positive
Swift Withdrawals, Top Support at Regulated Broker with MT4-5 & Ctrader

Very good broker, excellent support, withdrawals are made quickly cysec regulation. Full license of Metatrader 4-5 and the popular Ctrader program. Fair spreads. Slippage is felt only during rollover times.

amir9354
2023-09-07
Exposure
Profit is automatically deducted and unable to withdraw

I traded on the Errante platform and made a profit of nearly 24,000 USD. The platform operator blocked all my accounts because of a system error, and refused to return my principal. I was not allowed to log in to take screenshots of the evidence, customer service and Facebook & Instagram also blocked me. Is it a regular platform operation? This company treats users like this, and this company also forcibly closed my account because there is still a floating loss that limits me to closing orders for 20 hours. It is not the first time this company’s system has a problem. I have traded for two years and encountered it three times, but there is no consequence. If my issue was not resolved today, and another trader will encounter the same problem. I hope a third-party person can handle this matter. Now I also encountered account blocking, and the evidence is more than that.

daniel1530
2023-08-16

  

Errante 2025 Review: Everything You Need to Know

  Errante is a relatively new broker that has made a mark in the forex and CFD trading landscape since its establishment in 2019. This review consolidates various insights from multiple sources, providing an overview of the broker's offerings, strengths, and weaknesses. Overall, Errante is perceived as a legitimate broker with a solid regulatory framework and a range of trading platforms, but it also faces scrutiny regarding customer complaints and limited educational resources.

  Note: It's important to recognize that Errante operates through different entities across regions, which can impact the trading conditions and regulatory protections available to clients. This review aims to present a fair and accurate picture of Errante based on various expert analyses and user experiences.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 7.5
Tools and Resources 4.0
Customer Service and Support 4.2
Trading Experience 6.5
Trustworthiness 7.0
User Experience 6.0
Educational Resources 4.0

  We assess brokers based on a combination of user feedback, expert reviews, and factual data.

  

Broker Overview

  Founded in 2019, Errante is headquartered in Seychelles and operates under the regulations of the Cyprus Securities and Exchange Commission (CySEC) and the Seychelles Financial Services Authority (FSA). It offers access to popular trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, catering to a diverse range of trading strategies. Errante provides a selection of tradable assets, including forex pairs, commodities, indices, and cryptocurrencies, making it a versatile option for traders.

  

Detailed Insights

  Regulatory Regions:

  Errante operates under the oversight of CySEC for European clients, which provides a higher level of regulatory protection. For clients outside Europe, it is regulated by the FSA in Seychelles, which is considered a less stringent regulatory environment.

  Deposit/Withdrawal Currencies/Cryptocurrencies:

  Clients can deposit and withdraw funds in multiple currencies, including USD and EUR, with options for cryptocurrencies like Bitcoin and Ethereum. The minimum deposit requirement is set at a low threshold of $50, making it accessible for beginner traders.

  Bonuses/Promotions:

  Errante does not offer any welcome bonuses or promotional offers due to regulatory restrictions from CySEC, which limits the ability of brokers to provide such incentives.

  Tradable Asset Classes:

  Errante provides a range of tradable instruments, including over 50 forex pairs, a selection of commodities, indices, and cryptocurrencies. However, the overall offering is considered limited compared to some competitors, particularly in the stock CFDs category.

  Costs (Spreads, Fees, Commissions):

  Errante has variable spreads that start at 1.5 pips for the standard account, which can be higher than industry averages. The broker does not charge any commissions on most accounts, but there are fees associated with withdrawals to e-wallets and inactivity fees after a period of no trading activity.

  Leverage:

  The maximum leverage available is up to 1:500 for clients under FSA regulation, while European clients are limited to 1:30 due to regulatory constraints. This high leverage can amplify both profits and losses, necessitating careful risk management.

  Allowed Trading Platforms:

  Errante supports MT4, MT5, and cTrader platforms, which are widely recognized for their robust features and user-friendly interfaces. The availability of mobile applications for these platforms enhances the trading experience.

  Restricted Regions:

  Errante does not accept clients from several countries, including the USA, Canada, and Belgium, which may limit its accessibility for some traders.

  Available Customer Service Languages:

  Errante provides customer support in multiple languages, including English, Russian, Spanish, and Portuguese, ensuring a broader reach for its diverse clientele.

  

Repeated Ratings Overview

Category Rating (out of 10)
Account Conditions 7.5
Tools and Resources 4.0
Customer Service and Support 4.2
Trading Experience 6.5
Trustworthiness 7.0
User Experience 6.0
Educational Resources 4.0

  

Detailed Breakdown

  •   Account Conditions (7.5):

      Errante offers multiple account types, including standard, premium, VIP, and tailor-made options, catering to various trader needs. The standard account requires a minimum deposit of $50, which is appealing for beginners. However, the spreads on the standard account are higher compared to other brokers, which could be a drawback for cost-sensitive traders.

  •   Tools and Resources (4.0):

      The broker offers basic trading tools but lacks comprehensive research resources and third-party analysis tools. This limitation could hinder traders looking for detailed market insights.

  •   Customer Service and Support (4.2):

      Errante provides customer support via email, live chat, and phone, with responses generally being timely. However, there have been complaints regarding the depth of information provided by support agents, indicating room for improvement.

  •   Trading Experience (6.5):

      While Errante provides access to popular trading platforms, user feedback suggests that the execution speed may not be optimal for high-frequency trading. The platforms are user-friendly, but the lack of advanced trading tools can be a disadvantage for more experienced traders.

  •   Trustworthiness (7.0):

      Errante is regulated by CySEC and FSA, which adds a level of credibility. However, the presence of negative reviews and complaints regarding withdrawal issues raises some concerns about its reliability.

  •   User Experience (6.0):

      User experiences vary, with some praising the broker's customer service and others highlighting issues with withdrawal processes. This mixed feedback suggests that while many traders find value in Errante, potential clients should proceed with caution.

  •   Educational Resources (4.0):

      Errante offers a limited range of educational materials, primarily in the form of webinars and video tutorials. This could be a drawback for novice traders seeking comprehensive educational support.

  •   In conclusion, Errante presents itself as a viable option for traders looking for a regulated broker with competitive pricing and various trading platforms. However, potential clients should carefully consider the limitations in educational resources and user experiences before making a commitment.