Exante
Velocity Trade
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Overview
Exante was founded in 2011 and is headquartered in Malta, while Velocity Trade was established in 2007 and is based in Australia. Exante holds licences including Malta Financial Services Authority (MFSA), while Velocity Trade is regulated by Australian Securities & Investment Commission (ASIC) among others. Exante serves 10,000+ clients worldwide; Velocity Trade has 10,000+. The minimum deposit is $11700 at Exante and $1 at Velocity Trade.
| Feature | Exante | Velocity Trade |
|---|---|---|
| Min. Deposit | $11700 | $1 |
| Regulation | Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA | Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263) |
| Founded | 2011 | 2007 |
| Country | Malta | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Exante and Velocity Trade, directly affecting your bottom line as a trader. Velocity Trade has a lower barrier to entry with a minimum deposit of $1 (vs $11700 at Exante). Exante charges withdrawal fees while Velocity Trade does not, a notable advantage for frequent withdrawers. Velocity Trade applies inactivity fees on dormant accounts; Exante does not. Overall, Velocity Trade scores higher on fees in our assessment.
| Feature | Exante | Velocity Trade |
|---|---|---|
| Min. Deposit | $11700 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Exante offers MT4, MT5, a proprietary platform, while Velocity Trade supports MT4. Both brokers provide mobile trading apps for iOS and Android. Exante edges ahead on platform breadth and functionality in our scoring.
| Feature | Exante | Velocity Trade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | No |
| cTrader | No | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, WEB, desktop | MT4, Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Exante and Velocity Trade compare. Velocity Trade runs regular live webinars; Exante does not. Velocity Trade has a video library; Exante does not. Velocity Trade publishes daily market commentary; Exante does not. Velocity Trade integrates third-party research tools (Trading Central, Autochartist); Exante does not. Archived webinars are available at both brokers for self-paced learning. Velocity Trade scores higher overall in education and research.
| Feature | Exante | Velocity 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 Velocity Trade supports 2 (bank transfer, credit/debit card). Velocity Trade uniquely supports credit/debit card among the two brokers. Velocity Trade scores higher on deposit and withdrawal flexibility.
| Feature | Exante | Velocity 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. Velocity Trade offers live chat; Exante does not, making Velocity 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. Velocity Trade scores higher overall on customer support in our assessment.
| Feature | Exante | Velocity Trade |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |