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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

ERRANTE

Seychelles|5-10 years| Benchmark C|
Regulated in Cyprus|Market Making(MM)|MT4 Full License|High potential risk|Offshore Regulated|

https://errante.com/

Website

Rating Index

Benchmark

Benchmark

C

Average transaction speed (ms)

626.4 Poor

MT4/5

Full License

ErranteSC-Real2

Netherlands
MT4
82

Influence

A

Influence index NO.1

Malaysia 6.54
The WikiFX Score of this broker is reduced because of too many complaints!

Benchmark

Speed:C

Slippage:A

Cost:C

Disconnected:A

Rollover:D

MT4/5 Identification

MT4/5 Identification

Full License

82
Server Name
ErranteSC-Real2 MT4
Server Location Netherlands

Influence

Influence

A

Influence index NO.1

Malaysia 6.54
Surpassed 64.50% brokers
Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+44 203 519 4635
info@errante.com
https://errante.com/
Room 12, Kingsgate House, Victoria, Mahe, Seychelles
VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

WikiFX Risk Alerts
2024-12-31
  • The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
2

Basic information

Registered region
Seychelles
Operating period
5-10 years
Company Name
Errante Securities (Seychelles) Ltd
Abbreviation
ERRANTE
Company employee
--
Customer Service Email Address
info@errante.com
Contact number
00442035194635
Company website
Company address
Room 12, Kingsgate House, Victoria, Mahe, Seychelles
Keywords 9
5-10 years
Regulated in Cyprus
Regulated in Seychelles
Market Making(MM)
Retail Forex License
MT4 Full License
MT5 Full License
High potential risk
Offshore Regulated

daniel1530

Malaysia

I want to expose the errante again. I want to mediate, not quarrel. But the customer service couldn't understand it. I believe that if the boss knows about this matter, he will help me solve this matter. The system problems are not our fault. I just want to coordinate to get my money back, 24,000USD is not a small amount.

Exposure

2023-11-02

daniel1530

Malaysia

I traded on the Errante platform and made a profit of nearly 24,000 USD. The platform operator blocked all my accounts because of a system error, and refused to return my principal. I was not allowed to log in to take screenshots of the evidence, customer service and Facebook & Instagram also blocked me. Is it a regular platform operation? This company treats users like this, and this company also forcibly closed my account because there is still a floating loss that limits me to closing orders for 20 hours. It is not the first time this company’s system has a problem. I have traded for two years and encountered it three times, but there is no consequence. If my issue was not resolved today, and another trader will encounter the same problem. I hope a third-party person can handle this matter. Now I also encountered account blocking, and the evidence is more than that.

Exposure

2023-08-16

daniel1530

Malaysia

I made a profit, but the company deducted it automatically. They said there was a system problem and the quote was wrong. However, it was still open to customers for two days in a row. The reason is because there is no technician to fix on weekends. But there are technicians who deduct the profits of customers. Other evidence is in the previous account. The company blocked me so much that I couldn't even open an account. I made a profit of USD24000 in two days. I hope this platform can help me pursue it. I also worry about being accused of saying the wrong thing. So I ask you guys to help me out.

Exposure

2023-08-08

FX5179656533

Hong Kong

They added a $10 spread before, thinking about click farmign for rebates, but today I found that all the rebates in the account have become 0 due to the commission correction. The money in the trading account has also been deducted. May I ask what kind of platform can do this kind of behavior? Please stay away from this unscrupulous platform mt4 3013708

Exposure

2023-02-27

Gustavo@Fring

Malaysia

The broker Errante pays its salesmen with the money invested by the clients, and also deliberately slips and delays, making the clients lose money.

Exposure

2023-02-27

Gustavo@Fring

Malaysia

The broker Errante does not allow users to withdraw funds and restricts them from accessing their accounts. Errante has received 5 user complaints so far. The complaints are basically related to the inability to withdraw funds, abnormal trading, deliberately creating slippage, taking clients' money to pay employees and other problems, and only one complaint in June has been resolved, the rest of the complaints Errante have no response.

Exposure

2023-02-27

勉为其难

Hong Kong

Directly blocked the back office, nor the commission was given neither the principal was given. The amount of money reached $3000. The black platform was given black eat black

Exposure

2023-02-27

勉为其难

Hong Kong

It caused losses through scams. Fraud platform.

Exposure

2023-02-27

量化交易1号

Hong Kong

Profits cannot be withdrawn, and only the principal is refunded after deducting the profit. The trading account has only been logged in from one computer from the opening of the account to the transaction to the withdrawal. The position has been held for several hours. If the profit is not given, only the principal can be withdrawn. If you do not agree with them, the principal will not be given, either. You will have to deduct $300 from the principal before it is credited. On a very dark platform, don't do it. Only losses are allowed and profits are not allowed. Account: 3003796

Exposure

2023-02-27

Wingwing Ng

Belarus

ERRANTE's minimum deposit is on par with other platforms in the industry. Their deposit and withdrawal process is straightforward and reliable, but there's not much that sets it apart from other brokers.

Neutral

07-23

Lilybrown

United States

ERRANTE, my trading ship. Regulated and diverse services make it a steady ride. Multiple accounts and reliable platforms add to the journey. Watch out for limited regulatory coverage and potential leverage risks. Surprise commission charges for custom accounts, but overall, satisfied after 18 months

Neutral

2023-12-04

随缘化

United States

This was really surprising but I started an investment with $1 000 and they have the best service and have their client's best interest at heart. You can see for yourself and you’ll be fascinated.

Neutral

2023-02-22

。94447

United Kingdom

The platform does have good trading conditions, but high slippage frequently occurs, up to 5 times the spread. Well, this does not seem a ideal platform to trade with…

Neutral

2022-11-22

Larance Chris

Australia

Fx, commodities and indices have been good here. The spreads are okay and trading conditions seem generally fine. ERRANTE is cool and I still trade fx and indices here. Free VPS also accelerated trade executions and, I had access to it when I opened a pro account. The normal trade executions are also very cool too.

Positive

05-08

amir9354

United Kingdom

Very good broker, excellent support, withdrawals are made quickly cysec regulation. Full license of Metatrader 4-5 and the popular Ctrader program. Fair spreads. Slippage is felt only during rollover times.

Positive

2023-09-07

FX2409997059

Brazil

The best broker I've ever worked with.... Fantastic support and meets all our requirements.....

Positive

2023-01-31

金鑫23788

Colombia

Hello everyone, I am a wikifx user and recently I see that a section appears here: the comments. So I come here to add something to the void! Well, I'm a wandering customer. It is a good broker because it is SAFE! Do you know how many scams are committed by such forex brokers every day? Well, wandering is not like that. The conditions, although it is impossible for them to satisfy everyone's need, for me they are fair and attractive.

Positive

2022-11-18

17
Account Information
Funding
Related Software
Benchmark
Marketing Strategy
Biz Area
Website
Company Summary
Disclosure
News
Review
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Benchmark

Average transaction speed(ms)
626.4 Poor
The highest transaction speed(ms)
375 Poor
The highest speed of opening positions(ms)
375 Poor
The highest speed of closing position(ms)
375
The lowest speed of opening positions(ms)
1751
The lowest speed of closing position(ms)
1984
19.64USD/Lot
31.41USD/Lot Good
Long: -8.55USD/Lot    Short: 1.85USD/Lot
Long: -39.78USD/Lot    Short: 11.35USD/Lot Poor
Average slippage
0.5
Maximum transaction slippage
9 Good
Maximum positive slippage
-1 Good
Maximum negative slippage
9 Good
Average disconnection frequency (times/day)
0.2 Perfect
Average reconnection time (millisecond/per request)
26.4
Ranking: 103 / 125
Test user 253
Orders 4,315
Ocuppied margin $131,899 USD
Data Source
WikiFX Data provide
Updated: 2024-12-27 01:00:00
Sources
Language
Mkt. Analysis
Creatives

Website

  • errante.vn

    Server Location

    United States

    Website Domain Name

    errante.vn

    Server IP

    172.67.147.182

  • errante.io

  • errante.net

Company Summary

ERRANTE Basic Information
Registered Country/Region Cyprus
Regulations FSA, CYSEC
Tradable Assets Forex, Shares, Indices, Metals, Energies, Cryptocurrencies
Account Types Standard Account, Premium Account, Vip Account, Tailor Made Account
Minimum Deposit 50USD, 50EUR
Maximum Leverage 500:1
Minimum spread 0.0
Deposit & Withdrawal Credit/debit cards, Bank Wire Transfer, E-wallets,Cryptocurrency
Trading Platforms MetaTrader 4, MetaTrader 5, cTrader
Customer Support Phone, Email, Live chat
Education Resources Educational Videos, Webinars, Market Analysis

General Information

ERRANTE is a reputable online trading provider that offers a wide range of financial instruments and services. Errante is owned and operated by Errante Securities (Seychelles) Ltd, incorporated in Seychelles with registration number 8425493-1.Errante Securities (Seychelles) Ltd (errante.com) is regulated by the Seychelles Financial Services Authority (FSA) under license number SD038. With its headquarters in Cyprus, ERRANTE caters to a diverse clientele and provides access to various markets, including forex, metals, shares, indices, energies, commodities, and cryptocurrencies.

Traders can choose from different account types, each with different spreads and leverage options, accommodating different trading styles and preferences. The availability of popular trading platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader ensures a seamless and feature-rich trading experience.

ERRANTE prioritizes customer satisfaction and offers convenient deposit and withdrawal options, along with excellent customer support services. Traders can also benefit from the educational resources provided by ERRANTE, including videos, webinars, and market analysis, to enhance their trading skills and knowledge.

While ERRANTE has numerous strengths, traders should carefully consider their individual needs and preferences before choosing it as their trading provider.

Is ERRANTE legit or a scam?

Yes, Errante Securities (Seychelles) Ltd (the “Company”) is regulated by the Seychelles Financial Services Authority (FSA) under license number SD038.

regulation

Errante brand other jurisdictions: Notely Trading Limited (www.errante.eu) is regulated by the Cyprus Securities and Exchange Commission with CIF license no. 383/20.

regulation

Pros and Cons

ERRANTE offers a range of advantages as an online trading provider. It is a regulated broker, ensuring a level of trust and accountability. They provide access to a diverse range of market instruments, including forex, metals, shares, indices, energies, commodities, and cryptocurrencies, allowing traders to diversify their portfolios. ERRANTE offers multiple account types with different spreads and leverage options, accommodating different trading preferences. They provide reliable and feature-rich trading platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. ERRANTE also offers convenient deposit and withdrawal options, along with excellent customer support and educational resources to assist traders. However, it's important for traders to consider individual needs and preferences before choosing ERRANTE as their trading provider.

Pros Cons
Regulated Broker Limited Regulatory Coverage
Diverse Range of Services Potential Risk of Leverage
Competitive Trading Conditions Commission Charges for Tailor Made Account
Multiple Account Types Minimum Deposit Requirements
Reliable Trading Platforms Lack of Specific Leverage Details for Tailor Made Account

Markets Instruments

ERRANTE offers a diverse range of market instruments to cater to various trading preferences:

  1. Forex:

    ERRANTE provides access to the forex market, allowing traders to participate in currency trading. Major currency pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic currency pairs, are available for trading. Traders can take advantage of the global foreign exchange market's liquidity and volatility to execute their trading strategies.

  2. Metals:

    ERRANTE offers trading opportunities in precious metals, enabling traders to speculate on the price movements of gold, silver, platinum, and palladium. These metals are widely considered safe-haven assets and are sought after by investors during times of economic uncertainty. Traders can take advantage of the potential diversification and hedging benefits that metals trading can offer.

  3. Shares:

    ERRANTE provides access to a wide range of shares from leading global companies. Traders can trade shares of popular companies such as Apple, Microsoft, Amazon, and Google, among others. Shares trading allows investors to take positions in individual companies and benefit from their performance in the stock market.

  4. Indices:

    ERRANTE offers trading on major stock indices, including the S&P 500, FTSE 100, Dow Jones, and NASDAQ, among others. Traders can speculate on the overall performance of a group of stocks representing a particular market or sector. Indices trading provides an opportunity to diversify a trading portfolio and take advantage of broader market trends.

  5. Energies & Commodities:

    ERRANTE enables trading in energy commodities such as crude oil, natural gas, and heating oil. Traders can also access other commodities like agricultural products, including corn, wheat, and soybeans. Energies and commodities trading allows traders to take positions based on supply and demand dynamics, geopolitical factors, and other market influences.

  6. Cryptocurrencies:

    ERRANTE recognizes the growing popularity of cryptocurrencies and offers trading opportunities in digital assets. Cryptocurrency trading offers unique opportunities due to the high volatility and global demand for these digital assets.

By providing access to a diverse range of market instruments, ERRANTE caters to the trading preferences of various investors, allowing them to diversify their portfolios and take advantage of different market opportunities.

market-instruments

How to open an account?

The account opening process for ERRANTE typically involves the following 3-5 steps:

open-account
  1. Online Registration:

    Visit the ERRANTE website and locate the account registration page. Fill out the online registration form with your personal information, including your name,phone number, email address and country of residence. Create a secure password for your account.

open-account

2. Account Verification:

After completing the registration form, you will need to verify your account. ERRANTE may require you to provide certain documents to verify your identity and address. This typically involves submitting a copy of your identification document (such as a passport or driver's license) and a recent utility bill or bank statement as proof of address. Ensure that you follow the instructions provided by ERRANTE to complete the verification process.

3. Choose an Account Type:

Once your account is verified, you can choose the account type that suits your trading needs. ERRANTE offers different account options, such as the Standard Account, Premium Account, VIP Account, and Tailor Made Account. Review the features, spreads, commissions, minimum deposit requirements, and leverage options associated with each account type. Select the account type that aligns with your trading preferences and goals.

4. Fund Your Account:

After selecting your preferred account type, you can proceed to fund your trading account. ERRANTE provides multiple payment methods, including bank wire transfer, credit/debit cards, and e-wallets. Choose your preferred payment option and follow the instructions to deposit funds into your account. Ensure that you meet the minimum deposit requirement for your chosen account type.

5. Start Trading:

Once your account is funded, you can access the trading platform provided by ERRANTE. Familiarize yourself with the platform's features and tools. Analyze the markets, place trades, and monitor your positions according to your trading strategy. ERRANTE may offer educational resources and customer support to assist you in navigating the trading platform effectively.

Please note that the account opening process may have specific requirements and may vary based on ERRANTE's policies and regulatory guidelines. It is advisable to refer to the official ERRANTE website or contact their customer support for the most accurate and up-to-date information on the account opening process.

Errante Minimum Deposit

To meet the investment needs and trading experience of different investors, Errante offers four different types of accounts, namely Standard Accounts(minimum deposit of $50), Premium Accounts (minimum deposit of $1,000), VIP Accounts (minimum deposit of $5,000), and Tail Made Accounts (minimum deposit of $15,000),

  1. Standard Account: The Standard Account is suitable for traders looking for a straightforward trading experience. It features spreads starting from 1.5 pips with zero commissions. The minimum deposit requirement for this account is $50, and traders can enjoy a maximum leverage of 500:1.

  2. Premium Account: The Premium Account is designed for traders who require tighter spreads and enhanced trading conditions. It offers spreads starting from 1.0 pip with no commissions. The minimum deposit requirement for this account is $1000, and traders can access a maximum leverage of 500:1.

  3. VIP Account: The VIP Account is tailored for experienced traders seeking even lower spreads and premium trading conditions. It features spreads starting from 0.8 pips with zero commissions. The minimum deposit requirement for this account is $3000, and traders can enjoy a maximum leverage of 500:1.

  4. Tailor Made Account: The Tailor Made Account is a customizable account type that allows traders to personalize their trading experience. Spreads for this account start from 0.0 pips, but commissions may apply. The minimum deposit requirement for this account is $15000, and the maximum leverage offered may vary based on individual requirements.

account-types

Errante Leverage

The maximum trading leverage is 1:500 for major currency pairs, 1:200 for minor currency pairs, 1:100 for precious metals (gold, silver), 1:20 for stocks, up to 1:100 for indices products, 1:100 for crude oil, 1:20 for natural gas, and 1:10 for cryptocurrencies.

Spreads & Commissions

The average spread is 1.5 pips for Standard accounts, 1.0 pips for Premium accounts, 0.2 pips for VIP accounts, and 0.0 pips for Tail Made accounts. No commission is charged for forex trading on any of the four accounts.

Errante Trading Platform

ERRANTE offers a range of robust and user-friendly trading platforms to cater to the diverse needs of traders. Among the platforms available, cTrader MetaTrader 5 (MT5), and MetaTrader 4 (MT4) are the prominent choices.

MetaTrader 4 (MT4) is a widely recognized platform known for its extensive features and flexibility. It offers advanced charting tools, multiple timeframes, technical indicators, and customizable trading strategies. Traders can execute trades, set up automated trading systems, and access a wide range of financial instruments.

MetaTrader 5 (MT5) is an upgraded version of MT4 with additional features and improved performance. It offers enhanced trading capabilities, more technical indicators, and access to a broader range of markets, including stocks and futures. MT5 provides a powerful and intuitive trading experience for both beginner and advanced traders.

cTrader is a cutting-edge platform known for its lightning-fast execution and advanced trading tools. It offers a user-friendly interface, depth of market (DOM) functionality, and a wide range of order types. cTrader is particularly popular among professional traders and offers direct market access (DMA) for enhanced liquidity and transparency.

Traders can choose the platform that aligns with their trading preferences and enjoy a seamless trading experience with ERRANTE's comprehensive and feature-rich trading platforms.

Trading Tools

Traders are provided with some standalone trading tools to enhance their trading experience. These include Errante Margin Calculators and Economic Calendars that show scheduled market events and their expected impacts on the financial markets.

Deposit & Withdrawal

Errante accepts traders to fund their accounts through wire transfer (EUR & USD available, a minimum deposit of $50/€50, minimum withdrawal of €100/$100, no commission), VISA, MasterCard debit/credit card (EUR & USD available, a minimum deposit of USD/€50, minimum withdrawal of USD/€20, no commission), NETELLER (a minimum deposit of USD/€50, minimum withdrawal of $20/€20, no commission), STICPAY, Skrill, Perfect Money, CASHU (minimum deposit $50/€, minimum withdrawal $20/€, withdrawal 1% commission), cryptocurrency payments such as Bitcoin, Litecoin, Ether, etc. ( a minimum Deposit 50 EUR/USD, minimum withdrawal 20 EUR/USD, no commission for withdrawal).

ERRANTE provides excellent customer support to assist traders in every possible way. Their dedicated staff is available 24/5 to address any queries or concerns that traders may have. Traders can reach out to ERRANTE's customer support team through various channels, including phone and email. They can also engage in live chat support on social media platforms like Facebook, where prompt responses and assistance are provided. The knowledgeable and responsive customer support team at ERRANTE ensures that traders receive timely and effective support, whether they need help with account-related inquiries, technical issues, or general trading assistance. ERRANTE is committed to delivering a high level of customer service to enhance the trading experience and ensure trader satisfaction.

Educational Resources

ERRANTE offers a range of educational resources to empower traders with knowledge and insights for successful trading. Traders can access educational videos covering various topics, including trading strategies, technical analysis, and risk management. These videos provide valuable information and guidance to enhance trading skills. Additionally, ERRANTE conducts webinars hosted by experienced traders and market experts, where participants can learn from their expertise and gain valuable insights into market trends and trading techniques. Traders can also benefit from regular market analysis provided by ERRANTE, including fundamental analysis, technical analysis, and market commentary. These resources help traders stay informed about the latest market developments and make well-informed trading decisions. With its comprehensive educational resources, ERRANTE aims to support traders in their journey towards becoming successful and knowledgeable traders. Additionally, they have an extensive FAQ section on their website that covers a wide range of topics related to trading and account management

Conclusion

In summary, ERRANTE is a trusted online trading provider, regulated by the Seychelles Financial Services Authority (FSA) with license number SD038. Founded in Cyprus, ERRANTE caters to a diverse clientele. They offer a comprehensive range of services, including forex, metals, shares, indices, energies, commodities, and cryptocurrencies. Traders can choose from multiple account types, each with its own leverage options. The Standard, Premium, and VIP accounts provide a maximum leverage of 500:1. Additionally, ERRANTE offers a variety of trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, providing advanced tools and features to enhance the trading experience. With its regulated status, diverse services, flexible account options, competitive trading conditions, and reliable platforms, ERRANTE aims to meet the needs of traders and provide them with a seamless and rewarding trading journey.

Accepted Regions

Errante offers services to residents of the European Economic Area. Errante does not offer its services and products to residents of certain jurisdictions, such as USA, Syria, China, Japan, North Korea, Iran, Belgium, and Canada.

FAQs

Q: Is ERRANTE a regulated broker?

A: Yes, ERRANTE is a regulated broker.

Q: What trading instruments are available at ERRANTE?

A: ERRANTE offers a wide range of trading instruments, including Forex, Shares, Indices, Metals, Energies, Cryptocurrencies

Q: What payment methods does ERRANTE accept?

A: ERRANTE accepts a wide range of payment methods, including Credit/debit cards, bank wire transfer, E-wallets, cryptocurrency.

Q: What trading platforms does ERRANTE offer?

A: ERRANTE offers several trading platforms, including cTrader, MetaTrader 4 and MetaTrader 5. Clients can choose the platform that best suits their trading needs and preferences.

Q: What is the maximum leverage offered by ERRANTE?

A: The maximum leverage offered by ERRANTE is 1:500.

Keywords

  • 5-10 years
  • Regulated in Cyprus
  • Regulated in Seychelles
  • Market Making(MM)
  • Retail Forex License
  • MT4 Full License
  • MT5 Full License
  • High potential risk
  • Offshore Regulated

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