Exante ( exante.eu) is a scam

Discussion in 'Retail Brokers' started by denis55, Sep 17, 2018.

  1. luisHK

    luisHK


    Nah, I was more suspicious of Max Matt actually. Good luck sorting out your issue with Exante.
     
    #11     Sep 18, 2018
    denis55 likes this.
  2. jharmon

    jharmon

    Seems weird/stupid that you contacted the SEC. You might as well contact the Securities Bureau of the Japanese Ministry of Finance whilst you're at it.
     
    #12     Sep 18, 2018
    d08 and traderjo like this.
  3. d08

    d08

    Quite strange indeed, many seem to think SEC deals with brokers globally.
    Financial Conduct Authority of UK is where he should go as that broker is regulated by them, maybe also the Cyprus Securities and Exchange Commission but I doubt they'd reply.
     
    #13     Sep 18, 2018
    Overnight likes this.
  4. Never had problems with Aussie brokers never had problems with US brokers.Had issues with some UK cheap fund managers.Would never open UK brokerage account.
     
    #14     Sep 18, 2018
  5. Overnight

    Overnight

    Funniest-response-of-the-day award is won by fordewind.
     
    #15     Sep 18, 2018
  6. denis55

    denis55

    They offer US stocks and options trading. Isn`t it SEC territory?
     
    #16     Sep 19, 2018
  7. SEC is not involved just because foreigners might trade US options. SEC is a U.S. regulatory agency, it does not have any authority over a foreign broker and its relationship with a foreigner.
     
    #17     Sep 19, 2018
    Overnight likes this.
  8. traderjo

    traderjo

    When you say Aussie brokers you mean equity or OTC FX / CFD are you aware that in AUS regulations if a OTC broker goes belly up you the client becomes a creditor the ASG does not protect you , it only applies to Equity, In that regard UK FCA is better for traders
    Do search on Aussie while label called Sonray Capital Markets
    DO a search on Alpari UK
     
    #18     Sep 19, 2018
    fordewind likes this.
  9. The kind of products they offer is irrelevant. What is relevant is where the company is registered and under which regulation it operates. The website states at https://exante.eu/company/ :
    MFSA is the Malta Financial Services Authority and CySEC is the Cyprus Securities and Exchange Commission. Depending on whether your account is with XNT or EXT are these the authorities where you should send your complaint.
     
    #19     Sep 19, 2018
  10. No, i didn`t know that.Thanks for mentioning.
     
    #20     Sep 20, 2018