Score

4.68 /10
Average

EXANTE

Regulated in Cyprus

Market Maker (MM)

Self-developed

Regional Brokers

United Kingdom European Authorized Representative (EEA) Revoked

Suspicious Overrun

High potential risk

B

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Comparison

Quantity 17

Exposure

Open Account
Website

Score

Regulatory Index6.02

Business Index8.42

Risk Management Index0.00

Software Index5.42

License Index4.62

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Warning

SG MAS
2024-04-17

Broker Information

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Company Name

XNT LTD

Company Abbreviation

EXANTE

Platform registered country and region

Cyprus

Company website

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Company summary

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts 5
Previous Detection : 2025-04-29
  • The number of the complaints received by WikiFX have reached 14 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Resolved

A big fraud platform. Return my hard-earned money

EXANTE is a fraud platform. Py my hard-earned money back, you frauds. It's said that I can withdraw on September 1 but now the website can't be opened. Give my principal ¥19,4470 back. You'll pay for it

2020-10-15 15:14
Unable to Withdraw

Exante stole all my money!

Exante stole all my money! I have been their client since 2019. In April 2024 there was an accident in my family my father has an Oncological disease and I tried to Withdraw my money for his treatment, At first I was informed that they do not withdraw money in my bank. I tried to transfer my srocks to another broker. l gave an order to transfer my stocks to another broker but after a long delay in the transfer procedure by Exante, they told me, that I can't allowed to do this, according their internal restricts. I asked them to show this internal restricts, but they couldn't do it. I wrote a letter to ceo Exante Aleksei Kirienko, complaint team, support team and personal manager and explained, that I need money for father's treatment and sent them all documents with diagnosis. They offered me to transfer my money to their account in Honk Kong. I opend the account in Honk Kong and they transfered money to this residence. Afrer it I tried to Withdraw my mone to my bank account, but money returned to my account in Exante Honk Kong. I asked them to show me swift document, but they amswered, that their bank can't provide Swift document, but it is the absurdity!!! I wrote the complience to complience department and CEO Dmitry Kirienko once again after it my money went missing from my account. My personal manager Sergei Krasikov told me, that they tried to transfer money to my bank account once again. After 3 weeks I don't have money in my bank account and I don't have money in my Exante account I wrote email to personal manager about actual status of my money, but there were no answer from him. Exante lies me every day!!! Three months I can't withdraw my money! They spoke with me only through the prrsonal manager, but he is not telling me the truth! I càn't receive any official answer from Exante team! Now I'm writing a claim to regulator!

2024-07-15 17:42
    Sources
    EXANTE · Company summary
    EXANTE Review Summary
    Founded2011
    Registered Country/RegionCyprus
    RegulationCySEC
    Market InstrumentsMetals, Futures, Options, Currencies, Funds, Bonds, Stocks, ETFs
    Demo AccountYes
    LeverageNot Mentioned
    SpreadStarting from 0.3 pips
    Trading PlatformEXANTE platform
    Min Deposit€10,000
    Customer Support+357 2534 2627

    EXANTE Information

    EXANTE is an investment services firm established in 2011 that provides global multi-asset financial services. Regulated by CySEC, the company provides its clients with various financial markets, including stocks, bonds, futures, options, funds, currencies, precious metals, and ETFs. A minimum deposit of €10,000 or €50,000 is required for an individual account or corporate account, respectively. Besides, it requires a withdrawal fee of €30.

    EXANTE Information

    Pros and Cons

    ProsCons
    • Regulated by CySEC
    • Requires a significant initial deposit of €10,000
    • Flexible spreads starting from 0.3 pips
    • Requires a withdrawal fee of €30
    • Offers over 1,000,000 assets
    • Limited account choice

    Is EXANTE Legit?

    EXANTE has a Market Maker (MM) license regulated by the Cyprus Securities and Exchange Commission (CySEC) in Cyprus with a license number of 165/12.

    Is EXANTE Legit?

    Apart from holding the Market Maker (MM) license, EXANTE's regulatory status in the United Kingdom has been revoked. Meanwhile, it is listed as a Suspicious Clone regulated by the Securities and Futures Commission (SFC) in China, Hong Kong, and the Malta Financial Services Authority (MFSA) in Malta.

    Regulatory StatusRevokedSuspicious CloneSuspicious Clone
    Regulated byUnited KingdomChina Hong KongMalta
    Licensed InstitutionThe Financial Conduct Authority (FCA)The Securities and Futures Commission (SFC)The Malta Financial Services Authority (MFSA)
    Licensed TypeEuropean Authorized Representative (EEA)Dealing in futures contractsInvestment Advisory License
    Licensed Number620980BNN565C 52182
    Is EXANTE Legit?
    Is EXANTE Legit?
    Is EXANTE Legit?

    What Can I Trade on EXANTE?

    EXANTE offers the clients 1,000,000+ tradable assets, including metals, futures, options, currencies, funds, bonds, stocks, and ETFs. You have a good mix of investment options.

    Tradable InstrumentsSupported
    Metals
    Futures
    Options
    Currencies
    Funds
    Bonds
    ETFs
    What Can I Trade on EXANTE?

    Account Type

    EXANTE requires a significant initial deposit (€10,000 for individuals, €50,000 for corporations) for one account, with demo accounts offered. However, each client can benefit from a dedicated manager for personalized support.

    Account Type

    EXANTE Fees

    EXANTE Spreads & Commissions

    EXANTE highlights its minimum rates across various asset classes. The spreads offered by EXANTE start from 0.3 pips for currencies.

    Asset ClassMinimum Rate/Spread
    Stocks & ETFsFrom 0.02 USD
    CurrenciesFrom 0.3 spread
    MetalsFrom 3 USD
    FuturesFrom 1.5 USD
    OptionsFrom 1.5 USD
    FundsFrom 0.5%
    BondsFrom 9 bps
    EXANTE Spreads & Commissions

    Non-Trading Fees

    Deposit FeeFree
    Withdrawal Fee€30 or its equivalent
    Inactivity FeeNot Mentioned

    Trading Platform

    Trading PlatformSupportedAvailable DevicesSuitable for
    EXANTE platformPC and MobileInvestors of all experience levels
    Trading Platform

    Deposit and Withdrawal

    EXANTE requires a minimum deposit of €10,000 for individuals and €50,000 for corporations. Besides, it requires a withdrawal fee of €30 or its equivalent. Withdrawal requests are processed within one day, and funds are typically received within 3-5 banking days.

    Deposit and Withdrawal

    News

    ExposureEXANTE: A Tragic Tale of a Russian Trader’s Fight for His Funds

    Transparency and reliability are paramount. Unfortunately, some brokers seem to fall short, leaving their clients in distressing predicaments. Today, we shine a spotlight on EXANTE, a broker allegedly preventing a trader from withdrawing his hard-earned money. This case involves Sergei, a 39-year-old trader from Russia, who shared his ordeal with WikiFX, seeking justice and support.

    WikiFX
    2024-07-24 13:52
    EXANTE: A Tragic Tale of a Russian Trader’s Fight for His Funds

    User Reviews

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    User comment

    17

    Comments

    Write a review

    HenryM
    6-12months
    One of the reasons I've chosen to trade with EXANTE is their tight spreads and lightning-fast execution. As an active trader, these factors are crucial for maximizing my profits. EXANTE consistently delivers on this front, providing a trading environment that allows me to capitalize on market opportunities efficiently. I'm confident in recommending EXANTE to anyone seeking a reliable and competitive broker.
    One of the reasons I've chosen to trade with EXANTE is their tight spreads and lightning-fast execution. As an active trader, these factors are crucial for maximizing my profits. EXANTE consistently delivers on this front, providing a trading environment that allows me to capitalize on market opportunities efficiently. I'm confident in recommending EXANTE to anyone seeking a reliable and competitive broker.
    Translate to English
    2024-09-06 16:32
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    James7312
    6-12months
    I feel reassured knowing that EXANTE places a strong emphasis on security, ensuring that my funds are protected through stringent measures. This instills confidence in me regarding the safety of my assets.
    I feel reassured knowing that EXANTE places a strong emphasis on security, ensuring that my funds are protected through stringent measures. This instills confidence in me regarding the safety of my assets.
    Translate to English
    2024-09-06 16:04
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    17