Here is a more detailed look at each account type made available at Exante.
The Exante demo account is available on both individual and corporate account types. It is also possible to access the broker’s web platform without registration. These demo accounts and platform access are available for an unlimited period of time while traders have access to a demo account balance of €1,000,000 in virtual currency. This can also be added to or adjusted by contacting customer support. New demo accounts can also be created. Trading on 50+ global exchanges is possible through these demo accounts.
The Exante individual account is the account type made available to all individual traders. The account provides access to a complete range of more than 400,000 assets across over 50 global markets. This account type has a €10,000 minimum deposit requirement.
The Exante corporate account is the normal account type available for corporate registrations. This account too provides access to over 50 markets with the full range of 400,000 assets to choose from. There are no differences from trading with an individual account besides the minimum deposit which is €50,000 on a corporate account.
Joint accounts are available where multiple individuals want to share one account. Up to 4 individual clients can participate in a single joint account. Each client must first create an individual account and pass the compliance test to register as a member of a joint account. Again this account type gives access to the full range of more than 50 markets and 400,000 tradable assets.
The broker provides MAM/PAMM and professional trader services through this account type which operates via a module implemented within the trading platform. The account allows you to place orders for chosen assets on several accounts simultaneously. An unlimited number of sub-accounts can be opened and different allocation methods are available. With this account, the same full selection of assets and markets is available.
An Islamic account is not currently offered by Exante. You can read through our top10 forex brokers for islamic trading accounts if you need to open a swap-free account.
Account Base Currency
Exante lets you trade from a single multi-currency account that supports multiple base currencies including EUR, USD, AUD, CAD, CHF, CZK, GBP, HKD, JPY, NOK, NZD, PLN, SEK, SGD, TRY, and RUB. Deposits can also be made in EUR, USD, GBP, CHF, CZK, RUB, PLN.
Base currency availability may vary based on your account type. Conversion fees may be applied if you don’t make the deposit in one of these currencies. Your funds will remain in the currency of your choice unless you intentionally convert them or enable the “automatic currency conversion” function.
Here is all of the key information related to making a deposit with Exante.
EXANTE Minimum Deposit
The broker has a minimum deposit of €10,000. This applies to the individual account type while the corporate account type requires a minimum deposit of €50,000.
EXANTE Payment Methods Available
Bank transfer is the only method supported for making a deposit. This can take from 1 to 5 business days to process and it is the safest way to transfer large sums of money.
As an alternative, you can link your EXANTE account to a GBXP prepaid card as a funding option.
EXANTE Deposit & Withdrawal Fees
Exante does not charge any fees on deposits. Fees may be charged by issuing, intermediary and/or beneficiary bank that process wire transfers so it is important that traders double check this with their own banks first.
The same applies for GBXP prepaid card which charges no fees on deposits.
Here is a closer look at all of the information related to making withdrawals at Exante.
EXANTE Minimum Withdrawals
There is no minimum withdrawal amount. The basic Exante account also allows withdrawals in multiple currencies including EUR, USD, GBP, CHF, CZK, RUB and PLN.
EXANTE Payment Methods Available
As with deposits, the sole method supported for making deposits is via bank transfer. Again this is a safe and secure method and almost all banks are supported by the broker.
EXANTE Withdrawal Fees
Exante charges a fixed fee on withdrawals of €30 or its equivalent. There may be additional charges if your funds are transferred to a non-european bank or if tranferring funds to another broker’s account.
Costs & commissions
Here are some of the commissions and fees which traders will encounter while using Exante.
The maximum stockbroking commission is $0.02 per share on the major US exchanges. This fee varies from between 0.02% to 0.18% on European exchanges. Trading on major European exchanges, such as Euronext Brussels or Euronext Paris, is subject to a 0.05% fee. The broker also provides access to major Asian exchanges, with fees ranging from 0.1% on the Tokyo Exchange to 0.1927% on Hong Kong exchanges. More details are available below.
|US Stock Exchanges
||0.02 USD per share
|Toronto Stock Exchange
||0.02 CAD per share
|London Stock Exchange
|Oslo Stock Exchange
|Xetra Stock Exchange
|Italian Stock Exchange
|Madrid Stock Exchange
|Singapore Stock Exchange
|Australian Securities Exchange
|Moscow Stock Exchange
|Tokyo Stock Exchange
Future & Options Contracts Fees
Most exchanges charge a commission from $1.50 per futures and options instrument traded. There are a few exceptions which are listed below.
- Dubai Gold & Commodities Exchange: 2 USD
- Hong Kong Futures Exchange: 22.54 HKD
- Osaka Securities Exchange: 20 JPY
- Australian Stock Exchange: 6 AUD
- Singapore Exchange: 2.5 USD
- Tokyo Commodity Exchange: 215 JPY
Market data Fees
Some exchanges may offer free real-time market data by default. Others may provide market data with a 30 minute delay. Fast real-time data from these exchanges requires a fee and you can subscribe to any of these exchanges via the Client Area. These exchange data fees are listed below.
||Retail fee (per month)
||Professional fee (per month)
|LSE Main section
|Euronext Equity and Index Derivatives
|Euronext Commodity Derivatives
Manual execution Fees
This execution fee applies to phone and email orders which are manually executed. The fee for these is €90. This fee is only charged is the instrument is available for trading in the online platform but you choose to order by phone or email.
Tax on dividends is regulated according to the law of the country in which the traded company is registered and listed. Exante provides investment services on an execution only basis. Any proceeds from transactions are passed directly to clients who are then responsible for their own tax filings. The exception is US dividend tax which is charged at a rate of 15%.
Here are the account-related fees to expect when trading at Exante.
Account Management Fee
There is no account management fee. Having accounts with Exante is always free of any management fee.
Margin trading fees
Margin trading is free if kept below 100%. In the case that the account exceeds 100% of the margin then there is a fee equivalent to 100% p.a. on the exceeded value charged daily.
All short trades and forex attract an overnight fee if the positions are held open overnight. This fee varies depending on the market and is always fluctuating. The precise amount can be checked at the time within the Client Area of the broker.
Account Inactivity Fees
An inactivity fee is charged. This applies if there have been no trades on an account for a consecutive 181 days (6 months), no open positions and a balance of less than €5,000. This inactivity fee is €50 per month. Authorised traders or agents are not charged any inactivity fee
Cost Pros and Cons