Many investors prefer brokers who allow them to trade with leverage. This is not surprising, as trading with leverage, also known as margin trading, can significantly increase your trading power by providing additional capital. This extra money, supplied to you buy your broker, allows you to magnify your investments and increase portfolio diversification.
EXANTE, a broker globally recognized for its powerful trading platform, is one of the top financial service providers selected by seasoned investors for margin trading.
What makes this broker so popular for trading with leverage? Explore the comprehensive review of EXANTE broker to find all the necessary information.
Why EXANTE?
Let’s evaluate whether EXANTE is a viable trading platform by thoroughly assessing its key features, including legitimacy, services, and pricing.
Credibility
To begin with, this broker is licensed by governmental agencies in four countries: the UK, Malta, Cyprus, and Hong Kong. Since Malta and Cyprus are part of the European Union, EXANTE is also subject to general EU regulations. This makes it safe to claim that this investment company is legitimate.
Additionally, EXANTE is globally recognized by market influencers such as Gazet International, Wealth and Finance, Financial Adviser, and European Business Magazine, as well as the juries of the Best Broker Digital Award contest and the Investment Innovations Award, among others.
Due to its high-quality services, the broker received awards for being the most sustainable investment company and the best trading and investment solution provider in the UK in 2023. The company has gained many other honorable titles, including the Best Multi-Asset Financial Services Firm and the Global Capital Market Access Experts of the Year.
Services
In addition to being a legitimate and reputable broker, EXANTE is known for its extensive trading offerings.
The broker provides its customers with access to over 50 markets around the world, where they can trade more than 1 million instruments including currencies, metals, futures, options, stocks, ETFs, bonds, and funds. All these products are available to traders through a single multi-currency account.
Besides its robust trading platform that supports transaction execution with a speed of 10 milliseconds, EXANTE also offers a powerful API for algorithmic trading, which can be integrated not only with the original EXANTE platform but also with other trading solutions developed by third parties.
Competitive Prices
On top of that, EXANTE is also known for the relatively low prices it charges for its services. In fact, access to the platform is provided for free, whether you want to use a demo account or a live account. Making a deposit also does not incur any charges. Most of the costs you will have to cover are determined by the exchanges you would like to trade with.
The fee for withdrawing your funds is also quite modest. Depending on whichever is greater, you will have to pay either 30 GBP or EUR, or 0.9% of the withdrawn amount.
The platform also has an inactivity fee of 50 GBP or EUR per month. However, the fee is only applicable to users with an account balance of less than 5,000 EUR and who have not executed any trades on the platform during the last 3 months.
Margin Trading with EXANTE
As you can see, EXANTE has a lot to offer its customers. How about margin trading?
Margin trading is enabled by default on the platform, and you can utilize it without any prior setup. The broker allows its customers to modify the leverage ratio, which can be done by contacting your account manager.
Margin trading on the EXANTE platform is completely free of charge. The only possible fee you may encounter is the payment for manual position liquidation, which amounted to 90 EUR at the time of publication.
This fee is charged only when a trader opens positions with leverage but has insufficient collateral, resulting in margin utilization surpassing 100%.
In such a scenario, any broker will have to close your positions to reduce margin utilization, which is necessary for safeguarding borrowed funds. EXANTE also has such a policy. However, it first notifies customers about the upcoming margin call, giving them time to replenish their balance and increase collateral. If you do this in time, you can keep your positions open and leverage your trading strategy. Otherwise, EXANTE will have to manually close your positions and charge you for their closure.
Conclusion
EXANTE is a feasible choice for individuals and financial institutions looking to leverage margin trading. A powerful and legitimate platform with support for algorithmic trading, offering competitive pricing, and an extended range of instruments for trading, as well as a flexible policy regulating margin trading are just some of the key advantages that can enhance your trading experience.
Traders can also easily switch off margin trading on the EXANTE platform if they are not interested in this service.