Founded in 2012, EXT is a global investment company that focuses on providing comprehensive market coverage at competitive prices. The company prides itself on its clear and transparent terms and conditions, as well as its commitment to minimizing fees and lowering commissions.
The EXT team is composed of IT and financial specialists from around the world, all working together to ensure the highest quality of fast, stable, and reliable services. The company is regulated by the Cyprus Securities and Exchange Commission, ensuring European safety and protection standards.
The EXT Vision
EXT offers global multi-asset financial services from a single account. Their vision is to provide the best solutions customized to ensure an efficient and easy connection to the markets while maintaining the highest security and performance levels.
Trading with EXT
Market Instruments
EXT Broker offers a diversified product portfolio, including stocks, ETFs, futures, options, metals, currency pairs, and more. The company provides a single account, with the minimum deposit of 10,000 EUR for individuals.
Leverage
Since EXT is registered in Cyprus, the maximum leverage for retail clients is up to 1:30, according to EMSA regulation. However, professional traders can apply for higher leverage.
Account Opening
The account opening process with EXT is quite smooth. It involves filling in general personal information, and the process is straightforward.
Spreads & Commission
EXT’s commissions start at 0.02 USD for stocks and ETFs and currency spreads – at 0.3.
Trading Platform
EXT offers trading on its own platform. This platform is fast, intuitive, and secure, allowing traders to trade 700,000+ financial products with a single multi-currency account on any device.
Professional Opinions
As a professional trader, I appreciate EXT’s focus on providing comprehensive market coverage at competitive prices. Their commitment to clear and transparent terms and conditions, as well as their efforts to minimize fees and lower commissions, are commendable.
However, there are a few areas where EXT could improve. The lack of clarity regarding spreads on their website can be confusing for potential clients. Additionally, the undisclosed minimum deposit amount may deter some traders.
Conclusion
In conclusion, EXT is a reliable broker that offers a wide range of financial products and services. Their commitment to transparency and competitive pricing makes them a good choice for both new and experienced traders. However, potential clients should be aware of the rather steep minimum deposit amount of 10,000 EUR.
This concludes my EXT review. As always, I recommend doing your own research and considering your personal trading needs and goals before choosing a broker.