Exante
fx open
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Overview
Exante was founded in 2011 and is headquartered in Malta, while fx open was established in 2019 and is based in Puerto Rico. Exante holds licences including Malta Financial Services Authority (MFSA), while fx open is regulated by Financial Conduct Authority (FCA) among others. Exante serves 10,000+ clients worldwide; fx open has 60,000+. The minimum deposit is $11700 at Exante and $250 at fx open.
| Feature | Exante | fx open |
|---|---|---|
| Min. Deposit | $11700 | $250 |
| Regulation | Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F238 |
| Founded | 2011 | 2019 |
| Country | Malta | Puerto Rico |
| Clients | 10,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between Exante and fx open, directly affecting your bottom line as a trader. Exante has a lower barrier to entry with a minimum deposit of $11700 (vs $250 at fx open). Exante charges withdrawal fees while fx open does not, a notable advantage for frequent withdrawers. Overall, fx open scores higher on fees in our assessment.
| Feature | Exante | fx open |
|---|---|---|
| Min. Deposit | $11700 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Exante offers MT4, MT5, a proprietary platform, while fx open 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 | fx open |
|---|---|---|
| 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Exante and fx open compare. fx open runs regular live webinars; Exante does not. fx open has a video library; Exante does not. fx open publishes daily market commentary; Exante does not. fx open integrates third-party research tools (Trading Central); Exante does not. Archived webinars are available at both brokers for self-paced learning. fx open scores higher overall in education and research.
| Feature | Exante | fx open |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
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 fx open supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx open uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. fx open scores higher on deposit and withdrawal flexibility.
| Feature | Exante | fx open |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. fx open offers live chat; Exante does not, making fx open easier to reach in real time. Both provide phone support. Email support is available at both brokers. Exante supports 2 languages and fx open supports 8, giving fx open broader global reach. fx open scores higher overall on customer support in our assessment.
| Feature | Exante | fx open |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |