Exante vs Phoenix Markets, for 2023
Phoenix Markets Rating
Between 74-89% of retail investor accounts lose money when trading CFDs.
Your capital is at risk
Exante vs Phoenix Markets Guide
Read our In-Depth Exante vs Phoenix Markets Review - for 2023
This review comparing Exante and Phoenix Markets has been refreshed for 2023 from seasoned professionals with extensive financial experience across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Exante vs Phoenix Markets does not apply to all countries as follows:
Exante Excluded Countries
United States of America, and Japan.
Phoenix Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and United Kingdom.
Compare Exante vs Phoenix Markets
Every online trading platforms has a few pros and cons, and a complete analysis of Exante vs Phoenix Markets would not be complete without embracing a fair assessment.
Examine Phoenix Markets and Exante to get a better understanding of how they compare to one another prior to you choose to create an account. A comparative analysis can place factors in perspective in order that you are cognizant of what you should anticipate.
So you are looking for a reputable broker and are choosing between Exante or Phoenix Markets. Who is better in 2023?
This Exante vs Phoenix Markets comparison contains the latest information so you can easily compare Phoenix Markets against Exante.
If you're a new entrant in the realm of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading requires expert analyzing skills and comprehensive understanding. You'll get adept at all of the concepts of brokerage as you keep trading. For starters, you need to select the right broker who will be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. Exante and Phoenix Markets are two such stages which will take you and your investment to great heights. It is crucial that you compare Exante vs Phoenix Markets until you trust them with your cash.
Our Exante vs Phoenix Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Exante and Phoenix Markets side by side.
Our full Exante vs Phoenix Markets Review covers all you need to learn about trading using either Exante or Phoenix Markets. A fantastic agent can multiply your initial investments and give you favorable profits. If you would like to make profits, you must trade with a brokerage service that contrasts with your investing objectives.
There is no sure-fire method to ensure profits; thus, you must carefully assess your broker before you select them. It is a common misconception that all agents are exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.
Exante and Phoenix Markets are both brokers which have forged their way successfully into the brokerage world. In this review, we have tried to collate a number of the vital facets of both Exante and Phoenix Markets. This review can allow you to know whether either Phoenix Markets or Exante is a good fit for your own investments or not. We have attempted to breakdown all of the features and charges for your advantage.
Benefits of Exante and Phoenix Markets Compared
Exante offers a minimum deposit of $11700 while Phoenix Markets has a $500 minimum deposit.
Why smaller minimum deposits are good and how Exante and Phoenix Markets compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Exante allows you to trade around 350000 financial instruments whilst Phoenix Markets allows you to trade around 350000 financial instruments available.
The more financial instruments you can trade on the Exante and Phoenix Markets platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of Exante or Phoenix Markets.
Exante and Phoenix Markets Contact Details
Being able to contact your broker easily is important. Exante and Phoenix Markets have the following contact details and social medias that you can use.
|Telephone Number||+44 203 670 9945||+44 203 514 2059|
|Address||1 Fore St, London, Greater London EC2Y 9DT, GB|
|Exante Twitter Account||Phoenix Markets Twitter Account|
|Exante Facebook Page||Phoenix Markets Facebook Page|
|Exante Instagram Account||Phoenix Markets Instagram Account|
|Exante LinkedIn Page||Phoenix Markets LinkedIn Page|
|YouTube||Exante YouTube Channel||Phoenix Markets YouTube Channel|
|Find Out More||
Phoenix Markets and Exante Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of Exante and Phoenix Markets we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Exante vs Phoenix Markets - Awards
Exante have won numerous industry awards over the time they have been operating as an online trading platform. We detail the most notable awards for Exante here.
|At the time of writing this Phoenix Markets review, and despite Phoenix Markets’s impressive offering, the company has surprisingly not garnered any awards to date.|
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Exante vs Phoenix Markets - Frequently Asked Questions
Exante vs Phoenix Markets - Headquarters And Year Of Founding
Exante was founded in 2011 and has its headquaters in Malta.
Phoenix Markets was founded in 2013 and has its head office in Cyprus.
What is the minimum deposit for Phoenix Markets or Exante
The minimum deposit for Exante is $11700.
The minimum deposit for Phoenix Markets is $500.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Exante and Phoenix Markets are a good choice.
Exante vs Phoenix Markets - Regulation And Licencing In More Detail
Exante is regulated by Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA.
Phoenix Markets is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both Exante and Phoenix Markets have a powerful set of rules for ensuring honest trading on their individual platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
As per their privacy regulations, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare Exante vs Phoenix Markets Commission And Fees
Exante and Phoenix Markets are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled better. In other words, an internet broker isn't necessarily influenced by the number of customers they have.
However, this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily 3 types of fees for this purpose.
The first sort of charges to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In these instances, you are spending a spread, funding rate, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight rates are those who are billed when you hold a leveraged position for longer than daily.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake on your accounts. They are billed for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither Exante or Phoenix Markets charge high fees compared to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who often exchange, such as daily or weekly trading.
However, non-trading fees billed by Exante and Phoenix Markets are comparatively greater. As a result, you are billed more for non-trading activities on your trading account, like withdrawal and deposits. These are not related to the purchase and sale of resources.
This Exante vs Phoenix Markets review for 2023 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For Exante And Phoenix Markets
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What Languages Do Exante And Phoenix Markets Support?
Being able to communicate easily with your trading broker is a key way of comparing brokers to find the best broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key part of success when trading online.
Here you can find all the languages that both Exante and Phoenix Markets support.
|Languages Supported||English, and Chinese||English, and Chinese|
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How Many Clients Do Exante and Phoenix Markets Have?
Both Exante and Phoenix Markets are well established with their client base. It is really important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many clients Exante and Phoenix Markets have
|Clients / Users||10,000+||10,000+|
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What Payment Methods Do Exante and Phoenix Markets Accept?
Exante and Phoenix Markets both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Exante and Phoenix Markets
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What Can You Trade With Exante and Phoenix Markets?
Exante offers 350000 trading instruments whilst Phoenix Markets offers 97.
Below you will find a full breakdown of what both Exante and Phoenix Markets offer.
Exante vs Phoenix Markets:
Table Of Contents
- Compare Exante vs Phoenix Markets
- Benefits of Exante and Phoenix Markets Compared
- Phoenix Markets and Exante Mobile App Comparison
- Exante vs Phoenix Markets - Awards
- Exante vs Phoenix Markets - Frequently Asked Questions
- What is the minimum deposit for Phoenix Markets or Exante
- Exante vs Phoenix Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For Exante And Phoenix Markets
- What Languages Do Exante And Phoenix Markets Support?
- How Many Clients Do Exante and Phoenix Markets Have?
- What Payment Methods Do Exante and Phoenix Markets Accept?
- What Can You Trade With Exante and Phoenix Markets?