I am always on the lookout for the best platforms to conduct my trading activities. In this review, I’ll be taking an in-depth look at EXT in our EXT Broker review, a next-generation investment company that offers direct market access to over 50 markets and 700,000 financial instruments.
About EXT Broker
EXT Broker is a Cyprus-based investment company that has been in operation since 2012. It is regulated by the Cyprus Securities and Exchange Commission, ensuring European safety and protection standards. The company’s vision is to offer global multi-asset financial services from a single account, using the best solutions customized to ensure an efficient and easy connection to the markets while maintaining the highest security and performance levels.
Services and Products
EXT Broker provides a wide range of financial products for trading, including:
- Stocks & ETFs
- Currencies
- Metals
- Futures
- Options
- Funds
- Bonds
These products can be traded on any device using a single multi-currency account, providing fast, intuitive, and secure trading experiences.
The Trading Experience
User Interface
The user interface of EXT Broker is clean and intuitive, making it easy to navigate and find the information you need. The platform can be customized according to your trading needs, providing a personalized trading experience.
Trading Costs
EXT Broker is known for its competitive pricing. The company keeps its terms and conditions clear and transparent while lowering the commissions and minimizing fees. However, the exact spreads and commissions are not clearly presented on the website, which can be a bit confusing for new users.
Customer Support
While EXT Broker operates 24/7, sometimes it takes a few hours to receive a response. This can be a bit frustrating, especially when you need immediate assistance. However, the support team is generally helpful and knowledgeable.
Product Availability
EXT Broker provides access to a wide range of markets and financial instruments. This gives traders the flexibility to diversify their portfolios and explore different trading strategies.
Pros and Cons
Like any other broker, EXT has its strengths and weaknesses. Here are some of the pros and cons I’ve noticed:
Pros
- Wide range of financial products
- Intuitive and customizable trading platform
- Competitive pricing
- Regulated by a reputable authority
Cons
- The minimum deposit is pretty high: 10,000 EUR for individuals.
- The options functionality could be more advanced
Conclusion
Overall, EXT Broker offers a comprehensive trading experience with its wide range of financial products and user-friendly platform. While there are some areas for improvement, the company’s strengths outweigh its weaknesses. As a professional trader, I would recommend EXT Broker to both new and experienced traders looking for a reliable and efficient trading platform.