Errante is an online broker that was founded in 2015. The company is headquartered in Limassol, Cyprus, and is regulated by the Seychelles Financial Services Authority (FSA) and the Cyprus Securities and Exchange Commission (CySEC). Errante offers a variety of trading products, including forex, CFDs, and commodities. The company also offers a variety of account types, including standard, ECN, and Islamic accounts.
Errante has received mixed reviews from users. Some users have praised the company’s customer service, while others have complained about the spreads and fees. The company has a 4-star rating on Trustpilot, based on 24 reviews.
Errante Review: Pros and Cons
Here is a summary of the pros and cons of Errante:
- Regulated by two financial authorities
- Offers a variety of trading products
- Offers a variety of account types
- Has a good customer service reputation
Overall, Errante is a legitimate broker that offers a variety of trading products and account types. However, the spreads and fees can be high, and the platform can be slow at times. If you are considering using Errante, it is important to do your research and compare the company to other brokers before making a decision.
Here are some additional things to consider when evaluating Errante:
- Spreads: Errante’s spreads are typically wider than those of other brokers. This means that you will pay more per trade when you use Errante.
- Fees: Errante also charges a variety of fees, including commissions, overnight fees, and withdrawal fees. These fees can add up, so it is important to be aware of them before you start trading.
- Platform: Errante’s trading platform is not the most user-friendly. It can be slow at times, and the charting tools are not as good as those offered by some other brokers.
- Customer service: Errante’s customer service is generally good. However, there have been some complaints about the company’s response times.
If you are looking for a broker with low spreads, fast execution, and a user-friendly platform, Errante may not be the best option for you. However, if you are looking for a regulated broker with a variety of trading products and account types, Errante may be a good choice.
Here are some other brokers that you may want to consider:
- XM: XM is a popular broker that offers low spreads and fast execution. The company is also regulated by several financial authorities.
- IC Markets: IC Markets is another popular broker that offers low spreads and fast execution. The company is also regulated by several financial authorities.
- AvaTrade: AvaTrade is a well-established broker that offers a variety of trading products and account types. The company is also regulated by several financial authorities.
It is important to do your research and compare different brokers before you make a decision. You should consider your trading needs and goals, as well as the fees and features offered by each broker.
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