“XNT Broker Review: Exploring a Leading Trading Platform”
XNT Ltd was established in 2011 in Malta by Anatoliy Knyazev, Alexey Kirienko, and Gatis Eglitis. The company was the first brokerage of the EXANTE Group, and it received a brokerage license from the Maltese Financial Supervision Authority. Since its inception, XNT has grown significantly, expanding its operations to include a wide range of financial instruments across more than 50 global markets.
The company has also won numerous industry awards, including the Fastest growing multi-asset broker 2023, Most sustainable investment company 2023, Best Trading and investment solution provider 2023, Best Multi-Asset Financial Services Firm, Global Capital Market Access Experts of the Year, Diversity in Finance and more.
XNT’s Product Offerings
XNT brokerage company offers a diverse range of products for both private investors and institutional clients. These include:
- Exchange-traded financial instruments: XNT provides direct access to over 50 of the largest exchange platforms worldwide, offering transactions in stocks, ETFs, bonds, futures, and options.
- OTC financial instruments: XNT also allows trading over-the-counter instruments, including transactions in Forex where clients have access to 50 currency pairs as well as gold and silver.
XNT primarily targets B2B clients, assisting asset managers, family offices, banks and other financial companies to diversify their clients’ portfolios.
The XNT Trading Platform
XNT has developed its own trading platform, available in three variants: a desktop version, a browser-based web terminal, and a mobile application. The platform is intuitive and user-friendly, offering a range of features including:
- An easy-to-use interface available in 10 languages
- The ability to perform transactions in all available markets from one single brokerage account
- Special modules for the analysis of individual markets
- API connectivity for creating custom programs for trading and market analysis
However, the platform does have some limitations, including a limited choice of technical indicators and no possibility to add new in-house or third-party indicators to the terminal.
XNT requires a minimum deposit of €10,000 and promises account opening within 1 day. The company is subject to the supervision of MFSA, the Maltese financial regulator, and operates in compliance with the EU Markets in Financial Instruments Directive (MiFID II). Client funds are insured by the Government Compensation Fund of the Republic of Cyprus up to €20,000.
Fees and Trading Terms
XNT’s brokerage commissions for transactions in the most popular financial instruments are competitive. Deposits and withdrawals are available in 15 currencies, and the withdrawal fee is €30 or the equivalent in another currency.
XNT offers a demo account with a virtual amount of one million euro for mock trades. Trading on a demo account is no different from trading on a real account, using real market quotes which are displayed with a 30-minute delay.
XNT offers 24/7 customer support via telephone, email, and chat. Every customer is assigned a dedicated account manager.
How Does XNT Compare?
When compared to its main competitors, XNT holds its own. The company offers competitive commission rates, a wide range of financial instruments, and a user-friendly trading platform. However, the platform’s limited technical indicators and lack of third-party indicator integration may be a drawback for some traders.
In conclusion, XNT is a solid choice for both private investors and institutional clients seeking direct market access to a wide range of financial instruments across global markets. The company’s commitment to providing the best execution, personalized user experience, and premier service sets it apart in the crowded brokerage market.