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Exante trading platform – simple but fast and reliable [Review]
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Exante platform shows that complicated order combiners are not always the only right way. Simple, friendly, and at the same time offering investors access to over 50 markets, the platform serves its purpose very well, although it needs some corrections. If you are looking for a comprehensive solution, you may feel disappointed. However, if you want to trade on many markets in one place, and you do not mind the fact that you have to look for information about them outside the platform, then the Exante platform will be completely sufficient for you. We invite you to read a short review of this application!

The company's history

Exante was founded in 2011 and was initially a company providing B2B solutions in the form of transaction solutions and financial infrastructure. Only after a few years, this activity was expanded to include intermediation in trade on capital markets. Currently, the company is present in 30 locations around the world and is regulated by FCA (United Kingdom), CySEC (Cyprus) and SFC (Hong Kong). The two biggest advantages of a broker are:

  • execution of orders in the DMA (Direct Market Access) model,
  • access to over 1 million financial instruments.

The main disadvantage is the large initial capital to start investing, which is EUR 10 for retail clients, but it also shows that the broker cares about serious investors who usually invest their funds for the long term. And there is plenty to choose from. Therefore, Exante is an ideal proposition for people who plan to build a solid, well-diversified portfolio for years or simply passive investing with larger starting capital.

Trading on Exante

The above-mentioned million instruments are available on Exante in one account, which makes trading very convenient. We do not have to log in anywhere or transfer funds if we want to conclude transactions, e.g. on futures, options, shares and ETF in the same moment. In an instant, we can invest on one of 50 global markets - a very convenient solution. But let's get to the point of the topic, i.e. the platform itself.

Exante provides its clients with an original trading platform that comes in several versions. It is available in versions for Windows, Mac, Linux, Web (logging in without installation in a web browser), as well mobile devices (iOS, Android). We had to test the solution on Mac and Web. In both cases, the functionalities are quite similar, although it must be admitted that slightly more options are available in the installation version. However, in terms of smooth operation, Web makes a slightly better impression.

The most important functionalities of the platform

The platform itself cannot be called an advanced combine for concluding orders, much less directly compared to well-known products such as MetaTrader or cTrader. It is more of a simple, reliable order placing software than a comprehensive solution for demanding traders. The application layout itself is rather standard - in the foreground there is a chart, on the left there is a list of instruments, and on the right there is a window for placing orders. The toolbar is located just above the chart and the item list is below it. The wheel was not reinvented here - and rightly so.

exante main platform

Exante trading platform in the Web version - main window (click to enlarge). Source: Exante.eu

Charts

As in most platforms, here too - the heart is charts. We have only 5 types of data presentation to choose from, two of which are actually alternative versions of the originals. This means that the following chart is available:

  • candlestick,
  • candlestick with "empty" bodies,
  • columnar,
  • column version in colors,
  • linear.

The configuration of the charts itself is also quite poor, because it does not allow us to change their colors (we only have the option of changing the color theme of the entire platform between dark/light), or change their position arbitrarily. The available functions include, for example, the ability to disconnect the chart from the platform window or use one of the 5 available layout versions.

The multitude of time intervals to choose from is commendable. By default, there are as many as 13 of them, but we can also quickly define our own, arbitrary intervals - a very nice option, but unfortunately only available on installation applications (desktop).

Tools and indicators

The Exante platform provides access to only 8 technical analysis indicators in the Web version (EMA, SMA, MACD, RSI, ATR, Bollinger Bands, SAR, Stochastic Oscillator). The choice is a bit wider for the Desktop version - then we have over 30 of them at our disposal. There are also many drawing tools available. And here again, in the Web version there are only 5 of them, but in the Desktop version the selection consists of 17 different options. Bonus tools include price alerts. And that's practically all.

exante orders

Order placing window (click to enlarge). Source: Exante.eu

Concluding orders

At first, placing orders may seem unintuitive, especially if we are used to FX platforms such as MT4/5. The volume is expressed in contracts or amount and the default order type is Limit. However, SL/TP values ​​can be set based on pips or price. A plus is the details displayed under the order placing window, which informs us about basic values ​​such as commission or transaction value.

Depth of Market (DOM)

In the section next to the order entry window, we have insight into the depth of the market, thanks to which we can observe how the volume is shaping. And this applies both to currencies, shares and ETFs, although in some cases a subscription to data from the selected exchange will be required.

Favorites list

With such a huge number of instruments, a list of favorite symbols that can be divided into categories is essential. In the standard, Exante has prepared 12 categories for users, in each of which we will find several representatives of a given industry (e.g. AI, ESG, oil industry), but we can also create our own lists. Nothing special, but some popular platforms still don't have such functions...

Settings

Configuration options are... very limited. In fact, we can only define the operation of notifications, the account currency and the language and colors of the platform. Of course, we can also detach each window (module) from the main window and change their size, but this is still nothing.

API

The number of functions is small, but there is also something for programmers. Access to FIX API (4,4) and HTTP API allows you to use the broker's stock data "outside" or use your own solutions outside the Exante platform.

Summary: no unnecessary bells and whistles

I guess the above description of functionality did not impress you. And I fully agree with that. The Exante platform does not have any unique, innovative features that attract attention. It could be compared to an old Japanese car. It's nothing spectacular, it doesn't stand out from the crowd, but it does its job and is completely reliable. And that's how you have to approach it. If you value the complexity of a trading application, where in one place you will find a macro calendar, world data, a huge number of technical analysis tools or functions allowing the use of dynamic scalping / day-trading, then unfortunately - you will be disappointed. However, if your goal is to invest capital in many markets within one account, and reliability and convenience are important to you, then this solution will definitely meet your expectations.

The only thing that could be criticized is a rather poor instrument search engine and a very limited amount of information about them (apart from trading hours and dividend payment locations marked on the chart). In this case, we simply need to know what we are looking for and what we want to invest in. Any additional information must be found outside the platform, which is simply not convenient. And here we come back to the main idea that the creators of the platform probably had in mind - it is only a place to conclude transactions and perform basic analysis. If it satisfies you, you will be satisfied. My rating is 6,5/10.

Advantages Disadvantages
Available in web and desktop versions (Windows, Mac, Linux) Limited number of features and personalization options
Very clear interface Few AT indicators, no drawing objects in the Web version
A huge number of instruments in one place No convenient instrument scanner (ETF, shares)
Fast and reliable No solutions in the form of a macro calendar or news
Insights into market depth and volume Possibility to implement your own solutions only via API

Your Partner in Education

exante logo male


FX / CFDs are complex instruments and come with a high risk of sudden money loss due to leverage. 74-89% of retail investor accounts lose money when trading foreign exchange (FX) or CFDs with Exante. The investor should consider whether he understands how FX / CFD products work and whether he can afford the high risk of losing money.

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About the Author
Paweł Mosionek
An active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Twice winner of "Junior Trader" - investment game for students organized by DM XTB. Addicted to travel, motorbikes and parachuting.