Exante
Westpac
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Overview
Exante was founded in 2011 and is headquartered in Malta, while Westpac was established in 2008 and is based in Austrailia. Exante holds licences including Malta Financial Services Authority (MFSA), while Westpac is regulated by Financial Conduct Authority (FCA) among others. Exante serves 10,000+ clients worldwide; Westpac has 10,000+. The minimum deposit is $11700 at Exante and $50 at Westpac.
| Feature | Exante | Westpac |
|---|---|---|
| Min. Deposit | $11700 | $50 |
| Regulation | Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA | Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) |
| Founded | 2011 | 2008 |
| Country | Malta | Austrailia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Exante and Westpac, directly affecting your bottom line as a trader. Exante has a lower barrier to entry with a minimum deposit of $11700 (vs $50 at Westpac). Exante charges withdrawal fees while Westpac does not, a notable advantage for frequent withdrawers. Westpac charges deposit fees; Exante does not. Overall, Westpac scores higher on fees in our assessment.
| Feature | Exante | Westpac |
|---|---|---|
| Min. Deposit | $11700 | $50 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Exante offers MT4, MT5, a proprietary platform, while Westpac supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Westpac supports social and copy trading features, which Exante does not offer. The two brokers are closely matched on platform offering.
| Feature | Exante | Westpac |
|---|---|---|
| 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 | Desktop,Mac,iPhone,Android,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Exante and Westpac compare. Westpac runs regular live webinars; Exante does not. Westpac has a video library; Exante does not. Westpac publishes daily market commentary; Exante does not. Westpac integrates third-party research tools (Trading Central, Autochartist); Exante does not. Archived webinars are available at both brokers for self-paced learning. Westpac scores higher overall in education and research.
| Feature | Exante | Westpac |
|---|---|---|
| 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 Westpac supports 2 (bank transfer, credit/debit card). Westpac uniquely supports credit/debit card among the two brokers. Westpac scores higher on deposit and withdrawal flexibility.
| Feature | Exante | Westpac |
|---|---|---|
| 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. Westpac offers live chat; Exante does not, making Westpac easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Westpac scores higher overall on customer support in our assessment.
| Feature | Exante | Westpac |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |