When it comes to picking a broker to work with, it is important to understand how their trading platforms work, and what to expect. This is because how a trading platform functions can make or break your trading experience. In this review, we take a look at EXANTE’s web trading platform.
EXANTE is a reputable brokerage firm that offers a wide range of financial services, and this review aims to provide insight into some key features of EXANTE’s web trading platform. This can help you to make an informed decision about its suitability for your trading needs. Click here to learn more about EXANTE.
EXANTE’s background
Established in 2011, EXANTE is a multi-licensed investment company that offers direct market access to a wide range of financial instruments. It does so through its single multi-asset and multi-currency solution. With over a decade of experience in delivering bespoke solutions to its clients, the platform mainly services professional traders, brokers, asset managers, banks, and other financial institutions – although they also welcome retail trading novices.
EXANTE has over $2 billion in assets under management, and it offers 600,000+ financial instruments in more than 50 markets worldwide. The broker also has a network of over 1,100 servers all around the world to ensure the lowest latencies and safe data transfer when executing trades.
Traders will be pleased to know that EXANTE is regulated and licensed in all the regions it operates in, meaning traders’ funds will be kept safe and secure. In Hong Kong, EXANTE is licensed by the Securities and Futures Commission (SFC), while in the UK, the company is authorised and regulated by the Financial Conduct Authority (FCA). In Cyprus, EXANTE is instead licensed by the Cyprus Securities and Exchange Commission (CySEC), while in Malta, the brokerage firm is licensed by the Malta Financial Services Authority (MFSA).
As a broker that operates in the EU, EXANTE is also further subjected to and compliant with MiFID II requirements. This framework regulates the financial markets in the EU and improves protections for investors and traders. It aims to standardise practices across the EU and restore confidence in the financial industry. It also regulates off-exchange and over-the-counter (OTC) trading.
EXANTE’s web platform
EXANTE’s web platform provides traders with a fast and convenient way to trade directly in their web browser. Traders can also trade on mobile and on the desktop through a downloadable app.The web platform is equipped with robust features and powerful charts. For those who prefer trading from their browser, there is no need to install any programmes to start trading – as the web platform is available on Chrome, Safari, Opera, and Firefox.
Instruments
The instrument tab is where all the financial instruments available to traders are contained. They are grouped and sorted in alphabetical order. Traders who know what they want to trade can start typing in an instrument’s name or ticker in the search bar. Those who are not sure where they want to start can simply navigate further to expand the nodes of the instruments tree. Some instruments that can be traded include Apple stocks, AAON shares, Atlantic American shares, American Airlines Group shares, and more.
Traders can click on an instrument and switch it in Time and Sales, Market Depth, Order, and Chart. They can also drag and drop to add the instrument to the Quote Monitor.
That said, options are not visible in the instruments tree by default. Traders must visit Settings and flip the ‘Show Options’ switch to see them. The loading process may take up to several minutes depending on one’s connection speed. If the tree is updating, traders will see the progress bar right above the search field.
Chart
EXANTE’s web platform allows traders to visualise financial data through their chart, in addition to aggregating it using different time intervals, adding drawings or indicators, choosing a chart style, and setting up other preferences. Traders can also select their desired timeframe, including 1, 5, 10, or 15 minutes; 1, 4, or 6 hours; 1 day; 1 week or 1 month.
One unique aspect of EXANTE’s charts is that it allows traders to share them with friends and peers. They only need to copy a link right from the address bar. This will feature not only the instrument being shared by also the timeframe as well. If a trader’s friend has not yet opened an account with EXANTE, traders still have the option of sharing a link to a demo chart. Quotes in demo charts are delayed by at least 30 minutes.
Time and Sales
The time and sales moduledisplays trade data for a chosen instrument on a specific exchange. Every line represents tick-by-tick data provided in real-time by the exchange. Information includes the trade timestamp, average price, and total size. The most recent trades are featured at the very top, while the others are arranged by time in descending order. In case any instrument lacks trade data, EXANTE will show a specific warning right in their trading platform.
Bottom line
Overall, EXANTE’s web trading account offers a robust and comprehensive platform for traders of all levels. This makes it a great choice for both experienced and novice traders looking to enter the financial markets. EXANTE’s web trading platform stands as a reliable option for individuals seeking a comprehensive and efficient trading experience.
