Choicetrade
Exante
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Overview
Choicetrade was founded in 2009 and is headquartered in United States, while Exante was established in 2011 and is based in Malta. Choicetrade holds licences including Unregulated, while Exante is regulated by Malta Financial Services Authority (MFSA) among others. Choicetrade serves 10,000+ clients worldwide; Exante has 10,000+. The minimum deposit is $250 at Choicetrade and $11700 at Exante.
| Feature | Choicetrade | Exante |
|---|---|---|
| Min. Deposit | $250 | $11700 |
| Regulation | Unregulated | Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA |
| Founded | 2009 | 2011 |
| Country | United States | Malta |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Choicetrade and Exante, directly affecting your bottom line as a trader. Exante has a lower barrier to entry with a minimum deposit of $11700 (vs $250 at Choicetrade). Both brokers charge withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | Choicetrade | Exante |
|---|---|---|
| Min. Deposit | $250 | $11700 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Choicetrade offers MT4, MT5, cTrader, while Exante supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Choicetrade | Exante |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . | MT4, WEB, desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Choicetrade and Exante compare. Exante maintains an archive of past webinars for on-demand viewing. The two brokers are evenly matched on educational content.
| Feature | Choicetrade | Exante |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Choicetrade accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Exante supports 1 (bank transfer). Choicetrade uniquely supports credit/debit card among the two brokers. Choicetrade scores higher on deposit and withdrawal flexibility.
| Feature | Choicetrade | Exante |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Choicetrade offers live chat; Exante does not, making Choicetrade easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Choicetrade scores higher overall on customer support in our assessment.
| Feature | Choicetrade | Exante |
|---|---|---|
| Live Chat | Yes | No |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |