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Direct FX logo

Direct FX

6.9/10
Exante logo

Exante

4.3/10
3/10RegulationWinner7/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research0/10
4/10WinnerDeposits & Withdrawals1.5/10
10/10WinnerSupport6/10

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Overview

Direct FX was founded in 2006 and is headquartered in New Zealand, while Exante was established in 2011 and is based in Malta. Direct FX holds licences including Unregulated, while Exante is regulated by Malta Financial Services Authority (MFSA) among others. Direct FX serves 10,000+ clients worldwide; Exante has 10,000+. The minimum deposit is $1 at Direct FX and $11700 at Exante.

Direct FX wins this category
FeatureDirect FXExante
Min. Deposit$1$11700
RegulationUnregulatedMalta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA
Founded20062011
CountryNew ZealandMalta
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Direct FX and Exante, directly affecting your bottom line as a trader. Direct FX has a lower barrier to entry with a minimum deposit of $1 (vs $11700 at Exante). Exante charges withdrawal fees while Direct FX does not, giving Direct FX an edge for frequent withdrawers. Direct FX charges deposit fees; Exante does not. Overall, Direct FX scores higher on fees in our assessment.

Direct FX wins this category
FeatureDirect FXExante
Min. Deposit$1$11700
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

Direct FX offers MT4, MT5, cTrader, while Exante supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Direct FX supports social and copy trading features, which Exante does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureDirect FXExante
MT4YesYes
MT5YesYes
cTraderYesNo
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsNot availableMT4, WEB, desktop

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Direct FX and Exante compare. Direct FX runs regular live webinars; Exante does not. Direct FX has a video library; Exante does not. Direct FX publishes daily market commentary; Exante does not. Direct FX integrates third-party research tools (Trading Central); Exante does not. Archived webinars are available at both brokers for self-paced learning. Direct FX scores higher overall in education and research.

Direct FX wins this category
FeatureDirect FXExante
Forex EducationNoNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Direct FX accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Exante supports 1 (bank transfer). Direct FX uniquely supports credit/debit card among the two brokers. Direct FX scores higher on deposit and withdrawal flexibility.

Direct FX wins this category
FeatureDirect FXExante
Bank TransferYesYes
Credit CardYesNo
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Direct FX offers live chat; Exante does not, making Direct FX easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Direct FX scores higher overall on customer support in our assessment.

Direct FX wins this category
FeatureDirect FXExante
Live ChatYesNo
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese