When it comes to working with a broker, it is important you do your research and understand the services they provide. This can be the products offered, how the trading platform functions, and any other integrations the brokerage firm allows. EXANTE is a leading brokerage firm renowned for its cutting-edge technology and innovative solutions in the financial industry. In this EXANTE review, we delve into the technological offerings provided by the investment firm, and what sets it apart.
EXANTE’s trading platform
EXANTE provides clients with a trading platform that is intuitive and easytouse. It also provides direct access to all financial markets and instruments from a single multi-currency account. Traders can buy and sell over 600,000 assets in more than 50 markets worldwide, including stocks, Exchange-Traded Funds (ETFs), bonds, options, futures, metals and currencies.
EXANTE also boasts a network of more than 1,100 servers from across the world that will ensure the lowest latencies and safe data transfer, preventing slippage from occurring.
The brokerage firm offers a few different versions of its trading platform. The first is the desktop version, and the second is the mobile application. Both versions are incredibly robust and powerful. The desktop trading platform can either be installed into a device or used directly in a web browser. EXANTE has made sure that its desktop trading platform works on Windows, macOS, or Linux devices.
The mobile application can be downloaded either from the App Store (for iOS devices) or Google Play (for Android devices). This allows traders to directly access the markets anytime, anywhere, so long as they have a good internet connection, meaning they can stay uptodate with any market fluctuations.
HTTP API
Traders have the option to use EXANTE’s HTTP API to design sleek, fast, and data-rich financial apps. This can range from smart messenger bots and option strategy advisors to market analysis mobile apps, websites with stock tickers, and even wholesale trading solutions. More specifically the investment firm’s HTTP API is a mix of HTTP REST and HTTP streaming API; it provides access to both live and historical quotes, as well as the data on account summaries, orders, trades, and transactions.
Aside from creating everything from the ground up, EXANTE also offers ready-made apps for traders to take advantage of. Their price alert bot in Telegram provides access to quotes, charts, and price alerts for over 600,000 financial instruments in more than 50 markets, with the bot working in both group and private chat.
EXANTE’s market stickers in Telegram can share prices of financial instruments and cryptocurrencies, in addition to updating in real-time so traders can see the current asset price. The brokerage firm’s exchange rates bot allows traders to set up their currency preferences and follow their live dynamics in a smart bot. Signals can further be added so traders will be notified whenever the currency hits the desired figure.
EXANE’s official website provides point-by-point guidelines for traders on how to integrate the API in a few easy steps. Evaluating EXANTE’s HTTP API can be done directly in the Client’s Area. Once a trader is ready to go live, they can ask their dedicated account manager for access. If there are any further questions during integration, traders also have the option of asking EXANTE’s specialised customer support.
FIX API
Algorithmic traders will be pleased to know that EXANTE has not left them out. For algorithmic traders, EXANTE offers the opportunity to trade via FIX API. More specifically, the brokerage firm supports a FIX 4.4-based API that enables data transfer, quote retrieval, and full-scale trading automation, meaning traders can enjoy all the opportunities that automation offers.
EXANTE’s FIX bridge gives access to all markets available, allows traders to obtain normalised data from all exchanges, as well as enables trading execution. All transferred data are encrypted. Unlike other similar offers from industry peers, EXANTE stands out by providing a solution that allows traders to monitor all account activity in the EXANTE trading platform interface rightout-of-the-box, in addition to through their own tools using API requests. Do note that orders made from the trading platform interface cannot be watched via FIX API.
Traders must remember that while using a FIX connection is free, LIV FIX is only available for clients with an account value of 50,000 EUR/GBP (and equivalent) or higher. EXANTE will help traders to establish connections through their hubs in London, Frankfurt, Chicago, or New York, with the setup taking up to one business day. That said, EXANTE does not provide any assistance with the prior setup required to enable FIX connection and is not responsible for the quality of any third-party services.
Bottom line
On the whole, EXANTE’s technology offerings are considered a standout feature of their brokerage services. They provide traders with an advanced trading platform, innovative tools, HTTP API, and FIX API, which can help enhance the trading experience. This makes it easy to navigate the financial markets efficiently and make informed data-driven decisions. Whether you are a seasoned trader or a beginner, EXANTE’s technological prowess marks them as a competitive player in the brokerage industry.
