EXANTE was founded by Anatoly Knyazev and is a Russian financial services company. The brokerage was one of the first to offer a platform for foreign currency exchange trading. The broker has two international offices and a self-service section that provides solutions to common problems. FAQs about the trading platform and technical support are also readily available.
Although the service is easy to use, the minimum deposit is high at $10 000, which is too much for a private investor. In contrast, regulated brokers let you invest as low as $5 or $50 to trade on their platform. Moreover, despite its excellent reputation, there are a few drawbacks that you should know about this brokerage. Inexpensive fees are the most obvious drawback of Exante, and the service is slow.
Is EXANTE A Good Broker?
Users can easily drag and drop the tools that they need to their own windows. Indicators are customizable, and the platform is compatible with iOS and Android smartphones. The platform also lacks a live support staff, which means that you will not have access to an experienced live broker when you need it. However, there are a few good features of Exante, which make it a viable option for most traders.
Exante offers a variety of convenient features that will help traders make decisions. For example, the platform can be used on mobile devices. Users can drag and drop the tools into the window they prefer. Furthermore, the software is available in seven languages, including English. The only drawbacks of the Exante broker review are the fees, which are too low for most investors. It also lacks a live chat service, which is a major drawback.
Another disadvantage of exante broker review is its poor security. While its low fees are attractive to new investors, they are not ideal for those who want to build a stable investment. As a result, Exante has a poor reputation for being too expensive and offers low security. The company has many complaints against the broker, but the service is worth checking out. So, if you are a newbie, you should look for reviews on other brokers first.
Besides offering an extensive range of monetary instruments, Exante also offers a small selection of technical indicators. This is a drawback since the platform is not available on mobile devices. Some traders may find this lacking, but they can still benefit from the small set of features. Moreover, the customer service center offers guides, articles, and videos to help newbies navigate the complex world of forex. A good Forex broker will make the trading experience easy. It should offer a secure environment for beginners and professionals alike.
Apart from its impressive portfolio, the exante broker is known for its low cost. It charges very little for trading and offers very low security. As a matter of fact, the broker also offers a wide range of financial products. A client can choose between stocks, commodities, and other financial instruments.
The Bottom Lines
Another reason to choose Exante is its low fees and commissions. It has a low minimum deposit of $10, which is much lower than that of most other online brokers. The only downside to this broker is that it only offers a limited number of technical indicators, with only 29 available at the time of writing. It is also worth mentioning that the trading platform is available in seven languages, and it is compatible with Android and iOS phones.