By Taivan Acer
EXANTE is a well-known broker with a versatile trading platform that caters to all types of traders. Regulated by top financial authorities like the FCA in the UK, SFC in Hong Kong, MFSA in Malta, and CySEC in Cyprus, EXANTE provides a secure and compliant environment for trading. In this review, we will explore the features and benefits of the EXANTE broker trading platform, including its setup, functionalities, and advantages for different types of traders.
Web Platform
The web trading platform is designed to provide a seamless and efficient trading experience.
Look and Feel
The web platform features a sleek, modern interface that is both intuitive and functional. Its design caters to both new and adept traders, making it easy to navigate and use for a variety of trading needs.
Login and Security
Prioritizing security, the web platform incorporates robust measures to safeguard user data. Features like two-factor authentication and automatic logouts enhance security, ensuring traders can operate with confidence.
Search Functions
The platform’s search capabilities are highly efficient, enabling users to quickly find the instruments they are looking for. The responsive search feature includes filtering options that streamline the process of locating specific markets or assets.
Placing Orders
Placing orders on the web platform is simple and efficient. Traders can easily execute market, limit, stop, and various advanced order types. The process is smooth and quick, underscoring EXANTE’s focus on rapid trade execution.
Alerts and Notifications
Traders can customize alerts and notifications to keep track of significant market movements or portfolio changes. These features help ensure that traders remain informed and ready to act on opportunities as they arise.
Portfolio and Fee Reports
The platform offers comprehensive portfolio and fee reports, providing traders with a clear overview of their investments and associated costs. These reports are easily accessible and facilitate effective trade analysis and decision-making.
Pros and Cons
Pros:
- User-friendly interface.
- Cutting-edge security features ensure platform safety.
- Customizable alerts and excellent search features enhance trading.
Cons:
- Limited third-party tool and indicator customizability.
- The platform may initially seem overwhelming.
Desktop Platform
EXANTE’s desktop trading platform offers a comprehensive and immersive trading experience.
Look and Feel
The desktop platform presents a professional and sophisticated interface. Its sleek design focuses on both functionality and performance, featuring customizable workspaces that enhance the overall trading experience.
Login and Security
Security is a priority on the desktop platform, which offers a straightforward login process combined with two-factor authentication. Advanced encryption methods are used to protect data transmissions, ensuring that user information stays secure.
Search Functions
The platform offers comprehensive search capabilities, enabling traders to efficiently locate instruments by filtering through various parameters such as asset class, region, or exchange.
Placing Orders
Order placement on the desktop platform is both flexible and efficient, accommodating a wide range of order types, including conditional orders. The robust order management system allows for quick adjustments and real-time monitoring of order statuses.
Alerts and Notifications
The platform provides a versatile alert system that notifies traders of significant account and market events. These notifications can be customized to fit individual trading needs.
Portfolio and Fee Reports
Detailed reports offer insights into portfolio performance and provide transparent fee breakdowns, which are essential for managing investment costs and returns effectively.
Pros and Cons
Pros:
- Robust and feature-rich platform tailored for professional traders.
- Customizable interface and advanced search functions.
- Comprehensive reporting tools for portfolio performance and trading costs.
Cons:
- Steep learning curve for less experienced traders.
- Lack of third-party plugin or indicator support.
Mobile Platform
The EXANTE mobile trading platform is designed for traders on the go, offering convenience and functionality.
Look and Feel
The mobile app features a clean, intuitive interface that ensures easy navigation. Its design is user-friendly, with a focus on providing a seamless trading experience on smaller screens.
Login and Security
The app includes robust security measures, such as biometric authentication (fingerprint and facial recognition) and two-factor authentication, ensuring secure and quick access.
Search Functions
The mobile app’s search function is straightforward and robust, allowing traders to quickly locate instruments using filters or by entering names or tickers in the search bar.
Placing Orders
Order execution is easy with the mobile app, allowing traders to place market, limit, stop, and other advanced orders directly from their devices.
Alerts and Notifications
Customizable alerts and notifications keep traders updated on price movements, executed orders, and market news, ensuring they stay informed and responsive.
Products
The mobile app provides access to the same extensive range of products available on the desktop platform, including stocks, ETFs, options, futures, currencies, and bonds.
Pros and Cons
Pros:
- Provides a comprehensive trading experience with access to over a million instruments.
- Features an intuitive design coupled with robust security measures.
- Offers real-time data and notifications, enabling informed decisions while on the go.
Cons:
- The feature-rich design might be overwhelming for beginners.
- Offers fewer customization options compared to some other brokers.
Benefits
The EXANTE broker trading platform offers numerous advantages for different types of traders.
Beginner Traders
- Ease of use: User-friendly interface simplifies navigation and trading.
- Educational resources: Access to tutorials and educational materials.
- Demo account: Practice trading in a risk-free environment.
Advanced Traders
- Advanced tools: Sophisticated charting tools and technical indicators.
- API integration: Supports HTTP and FIX APIs for automated trading.
- Market depth: Access to deep market data and advanced features.
Institutional Traders
- Comprehensive support: Tailored features for portfolio management and reporting.
- Scalability: Robust infrastructure supports high-volume trading.
- Prime brokerage services: Enhanced liquidity, execution services, and risk management tools.
Conclusion
The EXANTE trading platform really stands out with its wide range of features, easy-to-use interface, and strong support for all kinds of traders. Whether you are an advanced trader or an institutional investor, EXANTE offers the tools and resources you need to trade effectively. Its flexibility, access to comprehensive data, and advanced trading tools make it a top choice for traders of all experience levels.
Disclaimer: This review is purely for informational purposes and should not be considered financial advice.
