Saturday Jun 15, 2024

EXANTE – behind the company – a look at the broker’s founders

Learning about a broker’s founders may not be a priority for many traders who are looking for a reliable partner to execute their trades. When people think about researching a broker, they may consider looking at its regulations, product offering, trading platform, fees, and customer support. While all of these are very good starting points, one cannot neglect the importance of learning about the broker’s company culture and management team.

Founders of brokers can have a big impact on the management style and business direction of the company. If you are serious about your investments and do not want to put your funds at risk, you should educate yourself on what the broker’s mission and visions are before opening an account.

Where to find reliable information on broker founders

There are several websites that are popular within the financial industry and community when it comes to finding information on the founders of brokers. These include:

The broker’s website itself

Firstly, you can almost always rely on the broker’s website to provide information on its background and founders, as well as its management team. The ‘About Us’ section of the website usually provides a good overview of the key members of the company and why the company was founded, which can provide insight into what drives the broker and why you may or may not want to work with them.

Regulatory bodies in the region

You can also find plenty of reliable information from the websites of regulatory bodies in the regions where the broker is located. If a broker is an international one, they may be listed on the websites of multiple regulatory bodies around the world. Some of the most popular ones include the SEC (Securities and Exchange Commission) in the United States, the FCA (Financial Conduct Authority) in the United Kingdom, and the Securities and Futures Commission (SFC) in Hong Kong.

These websites tend to provideaccurate and updated information on the brokers that they regulate. You will be able to find information on the brokers’ founders and key executives, as well as their past behaviour (or misbehaviours).

Business directories

Next, traders can certainly find information on brokers through online business directories such as Bloomberg, Crunchbase, and Hoovers. These are websites that provide information on the founders and key executives of financial organisations and business leaders, and they are vetted strictly while having a global reputation of being reliable and professional.

News articles

Lastly, sometimes journals and newspapers may be a good place for traders to find more information on a broker’s founders – particularly if a trader wants to see if there have been any recent news events that they should be familiar with, before signing up with a broker. In this case, financial publications such as the Wall Street Journal, the Financial Times, the Economist, and The Business Times can all be good places to start.

EXANTE’s founders – who’s behind the company?

EXANTE is a Maltese broker that was founded in 2011, and it provided direct access to global markets for local traders. It was the first broker in the country to do this, and it was subsequently lauded for its innovation. The broker was founded by Alexey Kirienko, Anatoly Knyazev, and Gatis Eglitis. The unique thing about EXANTE is that the website claims the broker is a professional company founded for professionals, by professionals. After extensive research into the backgrounds and visions of the three co-founders of the broker, we can say that is true.

Kirienko, Knyazev, and Eglitis all have very strong backgrounds in trading and investment, having been traders and investors themselves and meeting tremendous success. However, that is not all that makes EXANTE unique. Kirienkois an expert in statistical arbitrageand derivatives trading; Kirienko has substantial experience in trading software development and is an avid advocate of cryptocurrency; and Eglitis has a master’s degree in international business development. The three co-founders came together to found EXANTE, which was a way for them to overcome the lack of transparency in financial markets. As such, the broker was founded on the basis of improving market access for all traders.

In 2023, under the co-founders’ leadership, EXANTE managed to amass a total AUM of over $2 billion, and it currently offers over 600,000 financial markets for global clients. The broker is licensed and regulated by the MFSA (Malta), the SFC (HK), the FCA (UK), and the CySEC (Cyprus). With a large portion of European Union clients, EXANTE is also compliant with the MiFID-2 framework on financial operations within the EU, and it follows GDPR policies closely on data protection within the territory.

What traders can take away from this article

If there is one thing that traders can take away from this article, it is that understanding the founders of brokers are just as important as understanding their product offerings. In the case of EXANTE, we discovered that the broker is founded by three professional traders themselves who have expertise and experience in software development and investment. EXANTE was founded with the vision to improve the overall trading landscape, and traders who work with the broker will find plenty of comprehensive tools and instruments with low trading fees.

Back to Top