Errante vs Exinity

Errante vs Exinity Comparison Table 2023
Errante Exinity
4
3.4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Errante is a Cyprus-based and regulated forex and CFD broker with leveraged trading on multiple assets, tiered accounts including a zero-spread option, and copy trading support. The broker offers leveraged trading up to 1:30 under its CySEC-regulated branch and 1:500 from an offshore branch, and supports the MetaTrader 4 and MetaTrader 5 platforms. Errante's asset list is relatively limited but it does offer fast execution and low latency, and it is a trustworthy brand.

Exinity provides flexible low-cost trading in FX, commodities, indices and equities alongside unique education and support provided by teams located across the world. Now operating in the Middle East, through regulation from the Financial Services Regulatory Authority in Abu Dhabi and the Financial Services Commission of Mauritius, Exinity provides a range of services to traders and investors looking for new opportunities in the financial markets.

Comment by Reviewer
"We recommend Errante for users seeking multi-asset trading on the MT4 and MT5 platforms. The copy trading platform and straightforward sign-up process will also suit newer traders." "Exinity's competitive ECN pricing, excellent range of forex pairs and high leverage makes this a great choice for dedicated forex day traders."
Pros
  • Reputable and trustworthy multi-asset broker
  • Supports cTrader, MT4 and MT5 platforms
  • Good range of cryptocurrencies including Bitcoin
  • Good selection of educational content and useful trading tools
  • Open an account in four easy steps
  • Copy trading available
  • Low starting deposit
  • Very wide range of forex pairs, with 150+ on offer
  • Excellent pricing with spreads starting from zero and just $2 per lot in commissions
  • Leverage up to 1:2000 for traders with an appetite for risk
  • No restrictions on day trading strategies such as scalping
  • Supports MetaTrader 4 and MetaTrader 5 platforms
  • Hold positions swap-free for up to 7 days
  • 24-hour customer support
Cons
  • Small selection of shares
  • MT4 not available to EU traders
  • Advanced educational content is expensive to unlock
  • High deposits to unlock advanced account tiers with more favorable trading terms
  • No cryptocurrency trading available
  • Does not accept traders from the US
  • No bonus schemes
Awards
  • Best ECN/STP Broker 2022 - UF Awards
  • Best Forex Newcomer 2021 - Forex Awards
  • Fastest Growing Broker 2021 - Ultimate Fintech Awards
  • Best Trade Executions 2020 - Forex Awards
Instruments
CFDs, Stocks, Indices, Forex, Metals, Energies, Cryptos Stocks, Stock CFDs, Forex, Commodities, Indices
Demo Account
Yes No
Minimum Deposit
$50 $20 (World), $100 (Trader), $10,000 (Trader Pro)
Trading Platforms
  • MT4
  • MT5
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC, FSA FSRA, FCA, FSC, CMA
Margin Trading
Yes Yes
STP Account
Yes No
ECN Account
Yes Yes
DMA Account
No No
MAM Account
Yes No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
The Errante copy trading solution allows users to choose from a selection of master traders with insights into their returns, volatility ratio, recovery factor, and more. There are also no restrictions on the number of traders you can follow.
Social Trading
No No
Trade Signals
MetaTrader Yes - MT4 / MT5 and Analyst Sentiment
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$15
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • USD
  • AED
Stock Exchanges
Commodities
CFD Trading
Errante customers can trade stocks, indices, commodities and cryptocurrencies with leveraged CFDs. The level of leverage available depends on regulatory oversight, with 1:30 the maximum allowed in the EU though this varies by asset. Trade CFDs on forex, stocks, indices, energies and metals with fast execution and variable leverage. Spreads are tight and commission-free trading is available on some assets.
Leverage
1:500 1:2000
FTSE Spread
From 1.5 pips (Standard Account) Variable
GBPUSD Spread
From 1.5 pips (Standard Account) 1.9
Oil Spread
From 1.5 pips (Standard Account) Variable
Stocks Spread
From 1.5 pips (Standard Account) Variable
Forex Trading
Errante traders can access 50+ forex pairs with leverage up to 1:500 (location dependant). The broker offers fast execution and tight spreads, especially to clients with VIP and Tailor-Made accounts. Exinity offers 150+ forex pairs to trade on a very competitive ECN pricing model, with spreads from zero and low commissions of $4 per round turn. Traders can access the powerful MT4 and MT5 platforms and trade with no restrictions on popular day trading strategies.
GBPUSD Spread
From 1.5 pips (Standard Account) 1.9
EURUSD Spread
From 1.5 pips (Standard Account) 1.3
EURGBP Spread
From 1.5 pips (Standard Account) 2.8
Assets
50+ 150+
Cryptocurrency
Errante clients can speculate on price movements of 26 crypto tokens, all paired with USD. CFDs allow for leveraged trading, but note that you will not directly own the assets traded. Crypto trading not offered
Spread
From 1.5 pips (Standard Account)
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • XRP
  • DASH
  • EOS
  • IOTA
  • NEO
  • OMG
  • QTU
  • TRX
  • XMR
  • ZEC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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