Before working with a brokerage firm, traders should do sufficient research to better understand the background of the broker, its product offerings, trading platform, and technology. In this review, we take a look at EXANTE, a prominent brokerage firm headquartered in Malta with offices in Cyprus, the UK, and Hong Kong.
EXANTE’s background
EXANTE is a global investment company that provides direct access to the financial markets through its client-centric investment and trading solutions. The investment firm was founded by Alexey Kirienko, Anatoliy Knyazev, and GatisEglitis, with the mission of enhancing financial literacy and information transparency for traders.
As of the time of writing, EXANTE has $2 billion in assets under management and is licensed in all the regions it operates in, such as the UK (FCA), Cyprus (CySEC), Hong Kong (SFC), and Malta (MFSA). EXANTE prides itself in championing innovation, inspiring the industry to do better and moving the needle in financial services. The technology the brokerage firm provides is a testament to its vision, and it offers a private, personalised, and premium experience to customers.
EXANTE’s product offerings
Currently, EXANTE allows traders to trade in the US, EU, and Asian markets from their all-in-one multi-currency accounts. With over 600,000 financial instruments on offer in more than 50 markets, traders can easily trade what they want in a few simple clicks. There are no account maintenance fees.
Stocks and ETFs
EXANTE’s trading platform allows online access to over 24,000 stocks from over 50 markets, all from one single account. These range from blue chips to new IPOs and everything in between, on global exchanges. This makes it easy for traders to diversify their portfolios and potentially reduce risk when trading. EXANTE also offers access to a unique range of Exchange-Traded Funds (ETFs) for all purposes, regardless of traders’ risk appetites.
Metals
Commodity traders can take advantage of price movements of gold, silver, copper, platinum, and palladium. As metals are consistently in demand from industry players, their supply is closely monitored by investors. EXANTE allows investors to trade metals without necessarily owning the underlying asset. The trading platform showcases 100% live prices, with fast execution and ultra-low latency to prevent slippage.
Options
EXANTE allows for traders to participate in hedging and market speculation with its wide range of options. Traders can buy over 500,000 options on global exchanges. EXANTE’s trading platform also allows traders to find, analyse, and trade options conveniently, with perfectly calculated Greeks and Implied Volatility (IV). There are also convenient filters that allow traders to quickly find the instrument they want to speculate on.
Currencies
Trades can trade currencies in a transparent and intuitive manner using EXANTE’s trading platform. Clients can enjoy access to over 50 currency pairs, and the brokerage firm guarantees 100% live prices and fast trade execution on its platform. Traders have the option of using leverage for them to make the most of their trades and increase the size of their potential returns when their trades are profitable.
Futures
Derivative traders will be pleased to know that EXANTE also offers futures. Traders can use them to hedge risks. There are over 500 futures varieties ranging from commodities to bonds available for all account type holders. EXANTE also offers access to over 30 global futures markets with 100% real-time prices. Some exchanges that traders can take advantage of include the Chicago Mercantile Exchange (CME), the Eurex Exchange (EUREX), and the New York Mercantile Exchange (NYMEX).
Bonds
EXANTE offers a wide selection of unique bonds both exchange-traded and over-the-counter (OTC). They include government bonds and private bonds, allowing for easy portfolio diversification. Interest is also paid out in a timely manner. Rates are 9bps, with the exception of Exotics, which can be accessed by contacting one’s dedicated account manager.
EXANTE’s technology
EXANTE provides clients with a robust and intuitive user interface in its trading platform. The EXANTE platform works on nearly every device, whether through a web browser, on desktop Windows, macOS, Linux, or through the iOS or Android smartphone app. There are also additional elements that EXANTE offers for more experienced traders.
HTTP API
For experienced traders, EXANTE allows for API integration for algorithmic trading and quotes monitoring. Traders can integrate HTTP API with their back office and trading systems and obtain raw data in the form of live market quotes and price alerts.
Some of the apps the brokerage firm recommends include EXANTE’s Markets Bot on Telegram. It provides access to quotes, charts, and price alerts for all financial instruments while working for both group and private chats. For traders use Telegram regularly to communicate, EXANTE stickers can be used to share prices of financial instruments. The stickers update in real-time so users can see the current asset price. There is also an Exchange rates bot, where traders can receive notifications whenever a currency hits their desired figure.
EXANTE provides an easy-to-understand HTTP API integration manual on their official website, as well as guidelines on how to create certain demo apps and test out new integrations before going live.
FIX API
For algorithmic traders, EXANTE offers the opportunity to trade via FIX API. More specifically, the brokerage firm supports a FIX 4.4-based API. It enables data transfer, quote retrievals, and full-scale trading automation. FIX and WEB API access are free of charge but only available to clients that have an account value higher than 50,000 EUR/GBP or other currency equivalent. With the FIX API, traders can connect to two servers simultaneously for backup purposes, and live servers work 24/7 except for a daily two-minute maintenance from 16:58 to 17:00 EST.
Bottom line
Overall, EXANTE is a highly reputable broker that offers a variety of financial instruments for traders to take advantage of. The platform’s intuitive design and robust technology also provide a solid foundation for executing trades and managing investment portfolios. EXANTE is suitable for both experienced traders and beginners looking to enter the financial markets, and its broad range of available financial instruments will make it easy to create a well-balanced portfolio.