Exante
WellsTrade
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Overview
Exante was founded in 2011 and is headquartered in Malta, while WellsTrade was established in 2008 and is based in United States. Exante holds licences including Malta Financial Services Authority (MFSA), while WellsTrade is regulated by Unregulated among others. Exante serves 10,000+ clients worldwide; WellsTrade has 10,000+. The minimum deposit is $11700 at Exante and $30 at WellsTrade.
| Feature | Exante | WellsTrade |
|---|---|---|
| Min. Deposit | $11700 | $30 |
| Regulation | Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA | Unregulated |
| Founded | 2011 | 2008 |
| Country | Malta | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Exante and WellsTrade, directly affecting your bottom line as a trader. Exante has a lower barrier to entry with a minimum deposit of $11700 (vs $30 at WellsTrade). Exante charges withdrawal fees while WellsTrade does not, a notable advantage for frequent withdrawers. Overall, WellsTrade scores higher on fees in our assessment.
| Feature | Exante | WellsTrade |
|---|---|---|
| Min. Deposit | $11700 | $30 |
| 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 WellsTrade 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 | WellsTrade |
|---|---|---|
| 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 | iPhone,Tablet,Mac,Android,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Exante and WellsTrade compare. Exante maintains an archive of past webinars for on-demand viewing. The two brokers are evenly matched on educational content.
| Feature | Exante | WellsTrade |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| 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 WellsTrade supports 2 (bank transfer, credit/debit card). WellsTrade uniquely supports credit/debit card among the two brokers. WellsTrade scores higher on deposit and withdrawal flexibility.
| Feature | Exante | WellsTrade |
|---|---|---|
| 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. WellsTrade offers live chat; Exante does not, making WellsTrade easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. WellsTrade scores higher overall on customer support in our assessment.
| Feature | Exante | WellsTrade |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |