Detailed LHCM Review

Stocks and ETFs

The Exante trading platform offers access to over 30,000 stocks from global exchanges, and it also offers access to a unique range of ETFs for all purposes, whether you’re looking for safe investment opportunities or prefer high-volatility investments.

The availability of ETFs provides an added layer of diversification, allowing for broader market exposure. With commission fees starting as low as 0.01%, traders can take advantage of equity market opportunities and build a diversified portfolio.

Web

With Exante's web-based trading platform, clients can execute trades from any web browser without having to download any software and it doesn’t rely on your browser and HTTP protocol. The platform also allows for a lot of customization with its modular design and user-friendly interface.

One popular module is the Basket Trader, a tool that allows you to handle a portfolio of assets at once. You can buy or sell a group of financial instruments simultaneously and set the number of units for each instrument. Also, you can select the side of the trade, whether it is buying or selling.

The Bond Screener is another powerful module that lets you find bonds and filter them by multiple criteria simultaneously. You can personalize your search results, and add or remove columns to filter the most important information. The platform has stringent security measures, with data encryption and secure login procedures ensuring the protection of clients’s data and transactions.

One drawback worth mentioning is that the platform doesn’t currently support third-party or custom indicators, which could potentially be a limitation for some traders.

Desktop

Traders who prefer a comprehensive trading experience can use Exante’s desktop trading platform, which offers a wide range of trading tools and features. It has advanced charting capabilities, and an extensive range of technical indicators, with a modular design for plenty of customization.

The trading platform is highly reliable with rapid execution speeds and supports multiple chart types and time frames. Experienced traders can create and save multiple workspace layouts, making it easier to switch between different setups.

It also has a quick search function and drag-and-drop features. Exante’s trading platform places high emphasis on security, with advanced encryption protocols and secure login processes to safeguard transactions and user data.

Mobile

Available on iOS and Android, Exante’s mobile trading app has a user-friendly interface and allows clients to access all financial products from a single account. The mobile app provides real-time market data, portfolio management, and the ability to execute trades with just a few taps.

It has robust charting capabilities, including a variety of time frames and technical indicators for traders to use. Similar to the desktop version, the app prioritizes security, with two-factor authentication and automatic logouts to protect sensitive information.

Exante only charges fees for actual trades, with the minimum trading unit size varying by instrument. Transparent fee information is available on their website.

Fees for trading stocks and ETFs vary depending on the exchange. When trading on US exchanges the maximum rate per share is USD 0.02. European exchanges charge varying fees ranging from 0.02% to a maximum of 0.18%. For Asian exchanges, fees range from 0.1% to 0.1927%.

These rates are accurate as of January 2024. For the latest fee schedule, click here.

Note that for short positions and FX, overnight fees are applicable, and these are constantly changing based on market conditions. Clients can find updated overnight fees in the Client Area.

Some other fees that may apply include a 90 EUR fee for manual executions (phone or email orders) and a 0,3% annual custody fee for bonds. For shorting stocks, the fee is approximately 12% of the transaction value, as an annual rate. There is no margin trading fee as long as the margin utilization remains below 100%.

Opening an account on the Exante trading platform is easy. Simply visit the LHCM broker website, and click on ‘Open Account’. You will be redirected to the sign-up form, where you can choose between an individual or corporate account.

You can begin with a demo account offering €1,000,000 in virtual currency so you can practice your trading skills and learn how to use the platform.

To customize your account based on your preferences, Exante will request you to complete a questionnaire that includes your trading experience and interests. After that, you will need to verify your identity for either your individual or corporate account.

To complete the verification process, you will need to upload the necessary verification documents, which will take approximately one business day to be reviewed and confirmed. For individual accounts, you will need to provide proof of identity and proof of residence.

Once approved, you can start by depositing money into your account. The minimum opening deposit for individual accounts is 10,000 EUR/GBP and for corporate accounts, it’s 50,000 EUR/GBP.

Exante is ideal for experienced traders, wealth managers, and private investors. Individual and corporate accounts are available, and the platform offers market access to more than one million financial instruments. Compared to other brokerages, Exante offers more tradable instruments, and the tools and features are more complex, and designed with professional traders in mind.