EXANTE Investment Company Review
Main page Finance, Fintech, Tech, European Union
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Dec. 20, 2018
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Let's take a look, who regulates the activity of EXANTE, what features the company's trading platform offers and what fees are charged to users.

Regulation

EXANTE is registered in Malta.

Moreover, the company is authorized by a British regulator and is licensed by the Cyprus Securities and Exchange Commission (CySEC).

Private traders who are working with EXANTE receive state insurance of their funds in the amount of up to €20,000.

The company’s activity is regulated by the European Markets in Financial Instruments Directive (MiFID). As the Co-Founder of EXANTE, Alexey Kirienko, said in 2015:

"European jurisdiction imposes a lot of obligations, the legislation there's an order of magnitude tougher than in Russia. For instance, a necessary requirement is asset segregation. Broker's money is never mixed with clients' money. "

In October 2016, EXANTE gained membership in the Maltese Stock Exchange (MSE), thereby EXANTE's clients, inter alia, got direct e-access to promising stocks of the largest Maltese companies. Among them, is the country's oldest bank Bank of Valletta (BOV), the leading company in the commercial real estate market Malta Properties (MPC), investment company Malita Investments (MLT) and others.

EXANTE has its representatives all around the globe: the company has branches in Malta and Cyprus, in London, Riga, Moscow, St. Petersburg, Kiev, and Almaty. The company works with clients from all countries except the USA and North Korea.

Trading platform

The main company's technology is its own multi-functional platform EXANTE. It's available on desktop, web and mobile versions.

The interface is based on a modular structure. The drag and drop function is also present. Complex technical analysis is supported with fine-tuning of trade indicators.

There's also a solution for algorithmic trading which is based on the high-speed information transfer protocol FIX 4.4.

To try the platform, EXANTE offers to open a demo account.

How to open an account

In order to open an account, you should fill out an application on the official website and upload scanned copies of documents (for individuals — identity cards and a certificate of registration at). EXANTE offers both individual and corporate accounts. For individuals, the minimum initial amount is €10,000, for legal entities — €50,000.

The company provides access to more than 50 markets in the USA, Europe, Asia, and Australia. Over 10,000 shares, 7,000 futures, 6,000 options, funds, bonds, currency pairs, cryptocurrencies, and precious metals.

Commissions

Unlike any other brokers, EXANTE only charges a commission for trading and withdrawing funds. Withdrawing doesn't depend on the amount of withdrawal and is 30 EUR / USD / GBP.

The commission for trading shares and exchange-traded funds depends on the platform version of which country you choose. Thus, the maximum rate on the leading U.S. stock exchanges is $ 0.02 per share, on the London Stock Exchange — $ 0.05. On European exchanges, the commission varies from 0.01% on Moscow — to 0.18%.

Trading futures or options on major U.S. exchanges cost up to $ 1.5 (on the ICE exchange — up to $ 2.5).

Cryptocurrency trading is carried out through EXANTE crypto funds, which allow you to buy bitcoin and 15 of the most popular altcoins. Having subscribed to the fund, you must pay a one-time fee of 0.5%, as well as 0.5% when you pay the funds. There's also a commission of 3.5% per annum for the maintenance of a cryptocurrency account (fees are charged daily).

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