Exante
First Trade
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Overview
Exante was founded in 2011 and is headquartered in Malta, while First Trade was established in 2008 and is based in USA. Exante holds licences including Malta Financial Services Authority (MFSA), while First Trade is regulated by Securities and Exchange Commission (SEC) among others. Exante serves 10,000+ clients worldwide; First Trade has 10,000+. The minimum deposit is $11700 at Exante and $5 at First Trade.
| Feature | Exante | First Trade |
|---|---|---|
| Min. Deposit | $11700 | $5 |
| Regulation | Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) |
| Founded | 2011 | 2008 |
| Country | Malta | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Exante and First Trade, directly affecting your bottom line as a trader. Exante has a lower barrier to entry with a minimum deposit of $11700 (vs $5 at First Trade). Both brokers charge withdrawal fees. First Trade charges deposit fees; Exante does not. Overall, First Trade scores higher on fees in our assessment.
| Feature | Exante | First Trade |
|---|---|---|
| Min. Deposit | $11700 | $5 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Exante offers MT4, MT5, a proprietary platform, while First Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Exante | First Trade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, WEB, desktop | MT4,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Exante and First Trade compare. First Trade runs regular live webinars; Exante does not. First Trade has a video library; Exante does not. First Trade publishes daily market commentary; Exante does not. First Trade integrates third-party research tools (Trading Central, Autochartist); Exante does not. Archived webinars are available at both brokers for self-paced learning. First Trade scores higher overall in education and research.
| Feature | Exante | First Trade |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Exante accepts 1 of the tracked payment methods (bank transfer), while First Trade supports 2 (bank transfer, credit/debit card). First Trade uniquely supports credit/debit card among the two brokers. First Trade scores higher on deposit and withdrawal flexibility.
| Feature | Exante | First Trade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | Yes |
| 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. First Trade offers live chat; Exante does not, making First Trade easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. First Trade scores higher overall on customer support in our assessment.
| Feature | Exante | First Trade |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |