Finding the right broker when it comes to trading is crucial as it can heavily affect your trading experience and journey. So, whether you are participating in the financial markets for the first time or a seasoned professional looking for a change, working with a reliable brokerage firm is necessary.
Below, is an in-depth look at EXANTE UK, a global investment company that operates in over 100 countries around the world. We take a look at its product offerings, regulations, customer service and trading accounts.
Security and regulations
EXANTE currently services over 100 countries, and it is licensed in major operating regions. This includes the FCA in the UK, the CySEC in Cyprus, the MFSA in Malta, and the SFC in Hong Kong. The broker also operates in the EU, meaning that it has to comply with the MiFID II framework. This particular framework regulates all financial market activity within the EU. The strong regulatory environment that EXANTE clients trade in as well as the broker’s strict compliance and laws help to create a secure trading experience.
One of the major strengths of EXANTE as a broker is its large product offerings. With over 600,00 financial instruments available for traders to trade with, in order 50 global markets, there is a plethora of choices. As such, those who are eager to diversify their portfolios can do so as they wish. The major products that EXANTE offers to clients include currencies, stocks, ETFs, bonds, metals, and derivatives.
EXANTE currently offers 50 currency pairs for trading forex on the spot or through forwards and swaps. These include majors, minors and exotics, the latter of which is available upon request. With an execution speed of 10ms and 100% live prices, traders can take advantage of trading in an ultra-low latency environment. Leverages and rates may vary, depending on the trade size and the currency pair traded.
Stocks and ETFs
EXANTE offers over 24,000 stocks in more than 50 financial markets around the world with 100% live prices. Stock offering range from IPOs to blue chips, and European, US, and Asia exchanges are available. These include the NASDAQ, the Singapore Exchange, and the Tokyo Stock Exchange. Rates and leverage vary, depending on the stock being traded and the trade size.
Precious metals such as gold, silver and platinum are available for trading, as well as other industrial metals such as copper. Traders can invest in metals on the spot or through futures, options, or ETFs, with 100% live prices and 10ms execution. Rates and leverage vary, depending on the instrument and trade size.
Traders can also invest in bonds with EXANTE, and this can be done either through exchange or over-the-counter (OTC). The broker offers a range of both private and state bonds, including those issued by governments and corporations in the US, Europe, and more. Some bonds offer timely interest payouts, and the EXANTE bond screener can be used to compare and filter bonds that traders are interested in investing in.
Derivatives such as options and futures are available for trading with EXANTE as well. With more than 500,000 options and access to more than 30 global futuresmarkets available, traders can easily trade derivatives with a wide range of underlying assets. Options traders can also access a neat option board provided by the trading platform, with metrics such as the Greeks and Implied Volatility (IV). Options and futures markets cover the US, Europe, Asia and Asia with varying rates.
EXANTE offers two types of live trading accounts for traders to use. These are the individual and corporate accounts. Individual account holders can fulfil their minimum deposit requirement with 10,000 EUR/GBP or its currency equivalent, and then they can access the full range of EXANTE product offerings. On the other hand, corporate account holders can fulfil their minimum deposit requirement of 50,000 EUR/GBP or its currency equivalent, with the same access and more sophisticated trading features if needed.
Demo accounts are also available for those who wish to practise their trading skills before participating in the financial markets live. Demo traders are therefore provided with 1,000,000 EUR in virtual funds as a default, and they can simulate trading based on a delayed market day of up to 30 minutes.
On the whole, EXANTE has a good customer support effort, as the broker offers reliable assistance with a professional and strong team. EXANTE also features dedicated help guides on its official website that answers commonly asked questions related to account settings, trading fees and conditions, funding and withdrawal, as well as other technical issues and how to solve them.
For those looking to get in touch with the brokerage firm, there are plenty of ways to contact support. This can be done through chat, phone, or email. EXANTE even offers 24/7 request fielding, and they guarantee answers within three minutes upon receipt of a request. Phone support is mainly in English, but multilingual specialists are available in online chat for those who are looking to seek help in their native or first language.