Exante
sogotrade
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Overview
Exante was founded in 2011 and is headquartered in Malta, while sogotrade was established in 2016 and is based in USA. Exante holds licences including Malta Financial Services Authority (MFSA), while sogotrade is regulated by Financial Conduct Authority (FCA) among others. Exante serves 10,000+ clients worldwide; sogotrade has 1,000,000+. The minimum deposit is $11700 at Exante and $250 at sogotrade.
| Feature | Exante | sogotrade |
|---|---|---|
| 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-F307 |
| Founded | 2011 | 2016 |
| Country | Malta | USA |
| Clients | 10,000+ | 1,000,000+ |
Fees
Fees are a critical factor when choosing between Exante and sogotrade, directly affecting your bottom line as a trader. Exante has a lower barrier to entry with a minimum deposit of $11700 (vs $250 at sogotrade). Both brokers charge withdrawal fees. sogotrade applies inactivity fees on dormant accounts; Exante does not. The two brokers are broadly comparable on fee structure.
| Feature | Exante | sogotrade |
|---|---|---|
| Min. Deposit | $11700 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Exante offers MT4, MT5, a proprietary platform, while sogotrade 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 | sogotrade |
|---|---|---|
| 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 sogotrade compare. sogotrade runs regular live webinars; Exante does not. sogotrade has a video library; Exante does not. sogotrade publishes daily market commentary; Exante does not. sogotrade integrates third-party research tools (Trading Central); Exante does not. Archived webinars are available at both brokers for self-paced learning. sogotrade scores higher overall in education and research.
| Feature | Exante | sogotrade |
|---|---|---|
| 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 sogotrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). sogotrade uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. sogotrade scores higher on deposit and withdrawal flexibility.
| Feature | Exante | sogotrade |
|---|---|---|
| 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. sogotrade offers live chat; Exante does not, making sogotrade easier to reach in real time. Both provide phone support. Email support is available at both brokers. Exante supports 2 languages and sogotrade supports 8, giving sogotrade broader global reach. sogotrade scores higher overall on customer support in our assessment.
| Feature | Exante | sogotrade |
|---|---|---|
| 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 |