A deep dive into EXANTE

A deep dive into EXANTE

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Working with the right broker is an essential part of any trader’s investment journey. Before looking to participate in the financial markets, traders should find a broker that not only offers the right kind of products, but also suitable account platforms, fee structures, commissions, features, customer support, and more. This is because the broker you pick will have a tremendous impact on the quality of your trading experience. In this article, we take a look at international investment company EXANTE UK, and what it offers to traders.

Keep reading below to learn more.

What is EXANTE

EXANTE is a leading global investment firm that offers a wide range of trading instruments from global markets ranging from Europe, the US, and the APAC region. The broker was founded by Alexey Kirienko, GatisEglitis, and Anatoly Knyazev, and it is registered in Malta and Cyprus.

EXANTE services clients in over 100 countries. Its clients have access to over 50 markets and 600,000 financial instruments. These include stocks, ETFs, currencies, bonds, metals, and derivatives such as options and futures. EXANTE is further licensed by the FCA in the UK, the MFSA in Malta, the CySEC in Cyprus, and the SFC in Hong Kong. The brokerage firm also complies with the MiFID II framework, which ensures that the financial operations in the EU are regulated by traders and that their funds are protected.

EXANTE’s web trading platform

EXANTE does not provide a connection to the MT4 and MT5 platforms. Instead, it offers a bespoke solution – the EXANTE trading platform. Regardless of account type, EXANTE traders can execute and monitor their trades using this platform, which offers over 600,000 instruments.

Features and functions

EXANTE’s trading platform is highly customisable and intuitive. It has a terminal that can be used in any web browser, and traders can participate in the financial markets while on the go and through the trading app. The main functions of EXANTE’s web trading platform are outlined and explained below.

Instruments

Traders can access and find instruments in the Instruments tab. These instruments are grouped by type and sorted in alphabetical order to help with convenience and clarity. Traders can even narrow down the list by searching directly for instruments via their name or ticker. They can also view options they can trade for certain underlying assets when they turn it on in their Setting (the Show Options tab).

Charts

EXANTE offers concise and clear charting with colour-coded options and the ability to add indicators and drawings. Traders can also choose their chart style and set up other preferences. If they are looking to share an existing chart, they can do so by copying a link to the instrument. One exceptional feature of EXANTE is their ability to copy not only the instrument’s chart but also the timeframe that it is being viewed. This allows for great accuracy and precision in sharing and trading.

Chart timeframes include 1, 5, 10 or 15 minutes, 1, 4, or 6 hours, 1 day, 1 week, or 1 month. This is considered a good range that can provide enough information for both short-term and long-term traders, and the desktop platform also includes tick data.

Quote monitor

The quote monitor on the platform allows traders to see real-time quote streams on their favourite instruments (up to 100), alongside bid/ask/mid prices and bid/ask sizes. Traders also have the option of checking the last quote update time and seeing price changes in absolute and percentage terms. For traders who are monitoring a large portfolio or want to keep track of a handful of instruments at the same time, this interface can give them great flexibility and convenience.

Time and Sales

EXANTE offers a module called Time and Sales, which allows traders to gain more information and data into instruments with tick-by-tick data in their times and sales panel. Recent trades that are made on exchanges are shown in descending order (with the most recent being shown first). It is a great way for traders to gauge when and if they should enter or exit the market, as well as what other traders are currently doing.

Market depth

Market depth lets traders see the active limit orders by trading side, and they are arranged by price. The colour coding provided by EXANTE’s trading platform offers a nice ‘at-a-glance’ overview of the market depth. This will provide invaluable data for traders looking to find price levels and support/resistance zones.

Order

The order panel on EXANTE’s trading platform is relatively straightforward. It consists of all the key necessary elements needed for manual traders. These include the bid and ask prices, order type, quantity, duration, and risk management tools such as take profit and stop loss order setting. That said, traders must remember that forbidden orders are automatically restricted.

Bottom line

On the whole, EXANTE’s trading platform is highly intuitive and clean with a customisable interface. Traders can therefore find an impressive amount of information on the markets, instruments and their own trading progress and profile. So, if you are looking to find a trading platform that can do it all, EXANTE will certainly be a brokerage firm that is worth your consideration.

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