XNT: Broker Platform Review and Features

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Established in 2011, XNT LTD. is an investment firm and owner of the EXANTE trademark. The EXANTE trading platform offers clients access to over one million financial instruments and direct access to over 50 markets including in the US, European Union, and Asia-Pacific.

In this XNT review, we’ll look into the features of the EXANTE trading platform, its trading instruments, trading fees, and more. 

About XNT

XNT LTD. is authorised and regulated by the Malta Financial Services Authority (MFSA). It offers the EXANTE trading platform to clients, which is available via mobile, desktop and the web. The trading platform is available to traders in over 100 countries and its clients include wealth managers, banks, and professional investors. 

The investment firm is highly regulated and complies with MiFID II (Markets in Financial Instruments Directive). As such, it implements asset segregation where client assets are held separately from company assets, by trusted custodians (respected European banks and other financial institutions).

In addition to the above, XNT prioritizes privacy adhering to GDPR regulations and implementing rigorous measures to safeguard client data and prevent any misuse of personal information. 

EXANTE: A look at the trading platform

Offering traders access to over a million financial instruments, EXANTE is a global trading platform that is available to users via the web, desktop, and mobile. 

With a minimum deposit requirement of 50,000 EUR for individual professional clients and 250,000 EUR for corporate accounts, the platform typically attracts seasoned investors. 

Here’s a quick summary of the trading platform:

• There are over 1,000,000 instruments available.
• Trade from multiple accounts simultaneously with Multi-Account Trading.
• The Bond Screener module allows you to search for multiple bonds simultaneously.
• The desktop platform has a modular structure that is highly customizable.
• View detailed Instrument Info including trading schedule, overnight rates, margin requirements, short allowance, underlying asset, exchange specification, and more.
• Traders can set price alerts with different conditions.
• View charts in real-time with historical data and different timeframes.

The EXANTE trading platform uses two-factor authentication (2FA) to ensure that all data transmissions are secure and reliable. EXANTE's platform uses secure servers and robust firewalls that offer protection against potential cyber threats and unauthorized access.

Trading instruments

Stocks & ETFs

On the EXANTE trading platform, traders can access more than 40,000 stocks and a variety of ETFs. This gives them a wider range of investment options and exposure to different markets. The commission fees start at just 0.01%, which enables traders to take advantage of market opportunities and create a diversified portfolio.

Options

The EXANTE trading platform provides traders with an extensive selection of options for futures, stocks, and other investment opportunities. With a variety of strategies available on the platform, traders can easily implement different investment strategies to capitalize on market movements.

Futures

EXANTE's trading platform provides traders with access to over 500 different types of futures contracts in real time with speedy execution times. This includes futures contracts for indices, oil, and currencies, as well as access to global markets such as SGX, Eurex, and HKEX. 

Traders can benefit from a single-account trading model that allows them to gain access to futures exchanges across the globe.

Currencies

Traders can utilize the EXANTE platform to access over 50 currency pairs, with spreads beginning at 0.2 pips. Over-the-counter derivatives provide traders with a versatile and wide-ranging currency strategy, and forwards and swaps are available for all 50 currency pairs.

Funds

Investors can access over 500 funds on the EXANTE trading platform, including hedge funds in the Hedge Fund Marketplace. With a single account, traders can invest in funds with just one click and keep track of their positions in real time.

Metals

The platform allows investors interested in metals to benefit from gold, silver, copper, platinum, and other metals. With the platform, you can trade precious metals without actually owning them. The commission fees for each trade are low, just 0.005%.

Deposits and withdrawals

The EXANTE trading platform, offered by XNT, has specific minimum deposit requirements. For individual professional clients, the minimum opening deposit is 50,000 EUR, while for corporate accounts, it is 250,000 EUR. 

XNT accepts bank transfers as deposit payments from reputable financial institutions, including tier-1 banks from respected jurisdictions.  

If you want to withdraw funds from your XNT account, note that there is a standard withdrawal fee of 30 EUR per withdrawal.

Trading fees

The EXANTE trading platform has a very transparent fee structure and only charges fees for actual trades. There are no account maintenance fees and no hidden fees.

Fees for trades of stocks and ETFs begin at 0.02 US dollars, whereas fees for currencies start at a spread of 0.3. If you short stocks, the fee will be roughly 12% of the total transaction on an annual basis. Margin trading fees are absent, provided that margin utilization stays below 100%.

For futures and options, fees start from USD 1.5 per instrument. Note that a 50 EUR account inactivity fee may be charged under certain circumstances.

Read more about EXANTE’s fees here.

Conclusion

XNT LTD. is a regulated investment firm in Malta that offers the EXANTE trading platform to its clients. The EXANTE trading platform provides an extensive selection of trading instruments, offering transparent rates and commissions, without any hidden fees. One of the downsides for individual professional clients might be the high initial deposit amount however, EXANTE is designed for advanced traders who require a highly secure and customizable trading platform.

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