Exante 2025 Review: Everything You Need to Know
Exante, a European brokerage established in 2011, has garnered attention for its multi-asset trading platform that offers access to over 400,000 financial instruments. While it targets professional traders with a robust trading environment, the broker's high minimum deposit requirement and mixed user experiences raise questions about its accessibility and overall value.
Note: It is important to consider the different regulatory entities under which Exante operates, as this can impact user experience and protections across regions.
Ratings Overview
We score brokers based on a combination of user feedback, expert opinions, and factual data.
Broker Overview
Founded in 2011, Exante operates primarily from Malta and Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC), the Malta Financial Services Authority (MFSA), and the Financial Conduct Authority (FCA) in the UK. The broker utilizes a proprietary trading platform that is accessible via desktop, web, and mobile applications. Traders can access a diverse range of assets, including forex, stocks, bonds, commodities, and options. However, the broker does not support popular platforms like MT4 or MT5, which may deter some traders.
Detailed Breakdown
Regulatory Geographies
Exante is regulated in multiple jurisdictions, including Cyprus, Malta, and the UK. This regulatory oversight is crucial for ensuring the safety and transparency of operations. However, some users have reported issues with withdrawals and account access, which raises questions about the effectiveness of these regulations.
Deposit and Withdrawal Currencies
Deposits are accepted in various currencies, including EUR, GBP, JPY, and USD, primarily through bank transfers. Notably, Exante charges a withdrawal fee of €30, which can be a downside for traders looking to minimize costs.
Minimum Deposit
The minimum deposit required to open an individual account is €10,000, which is significantly higher than many competitors. This high entry point may limit accessibility for novice traders and those with smaller capital.
Exante does not currently offer any bonuses or promotions, which is not uncommon among brokers targeting professional traders.
Tradable Asset Classes
Exante provides access to an extensive range of asset classes, including over 10,000 stocks, more than 50 currency pairs, and various options and futures contracts. However, some users have noted that the absence of cryptocurrency trading options is a significant drawback.
Costs (Spreads, Fees, Commissions)
Exante's fee structure is relatively transparent, with spreads starting from 0.3 pips for major currency pairs. However, the broker charges commissions on trades, which can add up, especially for active traders. Furthermore, the lack of negative balance protection and guaranteed stop-loss orders may deter risk-averse traders.
Leverage
The maximum leverage offered by Exante is up to 1:50, which is higher than many brokers that adhere to ESMA regulations, limiting leverage to 1:30 for retail accounts. This may appeal to professional traders looking for greater exposure.
Exante offers its proprietary platform, which is accessible on various devices. However, the absence of third-party platforms like MT4 or MT5 may limit customization and user experience for some traders.
Restricted Areas
Exante does not accept clients from the United States and several other jurisdictions due to regulatory restrictions. This limitation can be a significant drawback for traders in those regions.
Available Customer Support Languages
Customer support is available in multiple languages, including English, Spanish, and Russian. However, the absence of live chat support has been noted as a limitation by some users.
Repeated Ratings Overview
Detailed Ratings Breakdown
Account Conditions
Exante's high minimum deposit requirement is a significant barrier for many potential traders. While the broker targets professional clients, this approach may alienate newer traders or those with limited capital. The lack of account types or personalization further detracts from the overall experience.
The proprietary trading platform offers various tools, including a bond screener and basket trader, which enhance the trading experience. However, the platform lacks third-party integrations, which could limit functionality for some users.
Customer Service and Support
Exante provides 24/7 customer support through email and phone. However, the absence of live chat has been criticized, and users have reported variable response times.
Trading Setup (Experience)
While the trading experience is generally smooth, some users have reported challenges with withdrawals and account access. This inconsistency can undermine confidence in the platform.
Trustworthiness
Exante is regulated by multiple authorities, which adds a layer of trust. However, past complaints regarding withdrawal issues and the high minimum deposit requirement may raise concerns for some traders.
User Experience
The overall user experience is mixed, with some praising the platform's functionality and others criticizing the lack of transparency and high entry barriers. User reviews highlight both the strengths and weaknesses of the broker, indicating a need for improvement in customer relations and support.
In conclusion, Exante presents itself as a robust option for experienced traders seeking a wide range of financial instruments and a proprietary trading platform. However, the high minimum deposit, limited customer support options, and mixed user experiences warrant careful consideration for potential clients.
