EXANTE is an investment company that has a global clientele, and it is a leading broker in Europe today. Founded in 2011 in Malta by Alexey Kirienko, Anatoly Knyazev, and Gatis Eglitis, EXANTE is a broker that has slowly expanded its presence around the world. Today, while it continues to have offices in Malta, it is also present in Hong Kong, Cyprus, and London. It is regulated in all these locations, by the MFSA, the SFC, the CySEC, and the FCA.
In this broker review, we look at EXANTE’s offerings and services. We also consider its fees and participation in the financial industry, as one of the fastest growing investment companies in Europe that has crossed $2 billion in total AUM in 2023.
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EXANTE’s current product offering and services
EXANTE currently has over 600,000 financial products in its offering for individual and corporate traders, across 50 markets around the world. These include stocks and ETFs, FX pairs, metals, options, bonds, and futures. Let’s look at them more closely.
Stocks and ETFs
EXANTE offers over 24,000 stocks and ETFs in over 50 financial markets, including major ones such as the NYSE, the LSE, and the HKEX. There is a wide range of stocks that traders can access, including blue chips, new IPOs, and all types of shares in between. Rates and use of leverage vary.
There are over 50 currency pairs available for trading with low latencies and live prices. EXANTE pledges fast execution of 10ms through its innovative trading platform. Traders can participate in the forex market through trading spot forex or through swaps and forwards. The array of currency pairs available includes major and minor pairs, and exotic currency pairs are available upon request.
Metals offered include gold, silver, platinum, copper, and more. Traders can participate in metals trading on the spot or through derivatives, such as options and futures.
There are over 500,000 options available for trading at EXANTE, and this is one of the largest and most comprehensive catalogues from a European broker. Traders that trade derivatives will be able to work with a neat option board and use options trading metrics, such as IV and the Greeks. EXANTE provides direct access to global options exchanges in the US, in Europe, and in APAC. Popular exchanges that clients of EXANTE can access include the CBOE, the HKEX, and the CME.
EXANTE also offers derivative trading in the form of futures. Traders can access over 30 futures markets around the world, with 100% real-time prices on their trading platform. Overall, there are over 500 futures varieties. Rates vary but are competitive.
Finally, EXANTE offers an array of private and government bonds from the US and Europe. Those who wish to trade bonds may potentially benefit from timely interest pay-outs, and the EXANTE platform’s built-in bond screener allows traders to invest in their preferred bonds conveniently and easily.
Latest guidelines on fees for EXANTE live traders
The latest fees for EXANTE traders include commissions and overnight financing fees. Commissions vary depending on the type of instrument being traded and of course, the size of the trade. Short positions and FX are subject to overnight rates. For those who are looking to keep positions open, they can find the exact overnight fees they will be subject to in the Client’s area. Overnight fees are also subject to a triple fee for traders who wish to hold positions open over the weekend. Additionally, there may be fees charged on cryptocurrency funds when traders enter and exit the market or are kept with EXANTE. As of the time of writing this article, other instruments are not subject to overnight fees.
EXANTE’s participation in the financial industry in 2023
As an industry-leading broker and one of the fastest growing brokers in Europe, EXANTE frequently takes part in relevant events held in Europe. In early July 2023, the team is set to visit ETHBarcelona 2023, which is one of the most anticipated events in the blockchain industry. The event will be attended by experts and developers who are interested in the development of cryptocurrency, and financial experts and industry professionals will gather to discuss the prospects of decentralised technologies while breaking down the advancements in Ethereum.
EXANTE’s participation in ETHBarcelona comes as no surprise, considering it was one of the earliest adopters of blockchain technology and one of the first brokers to offer direct market access in Europe to cryptocurrency. One of EXANTE’s founders, Anatoly Knyazev, is also a devoted advocate of cryptocurrency and decentralised technologies, and it has influenced the development of the brokerage firm, aiding in its entrepreneurial spirit.