Brokers Profile
Reviewed by Experts Updated 9/2/2026

Exante vs LHV: Which Broker Wins in 2026?

Exante and LHV both offer regulated multi-asset trading, but they serve very different traders. Exante edges ahead overall with tighter costs and broader market access, while LHV appeals to budget-conscious beginners.

OVERALL WINNER
E

Exante

3.6 / 5Score: 2 / 4

Exante delivers institutional-grade multi-asset access with tight commissions and higher leverage for serious capital.

Min deposit
$10000
Max leverage
1:30
Spread from
0 pips
Regulators
FCA, CySEC
L

LHV

3.4 / 5Score: 2 / 4

LHV offers a zero-minimum-deposit gateway to global markets, backed by more than two decades of Estonian banking heritage.

Min deposit
$0
Max leverage
1:5
Spread from
0 pips
Regulators
Finantsinspektsioon, FCA

Our #1 Pick Right Now: AvaTrade

Same category, top-tier regulation, and it's currently accepting new traders.

See What Makes It Different
Overall Winner
Exante
Best for Beginners
LHV
Lowest Fees
Exante
Top Regulation
Exante

Side-by-side comparison

Core features compared head-to-head.

Feature
E
Exante
L
LHV
Overview
Rating3.6 / 53.4 / 5
Founded20111999
HeadquartersValletta, MaltaTallinn, Estonia
RegulationFCA, CySECFinantsinspektsioon, FCA
Fees & Limits
Min Deposit$10000$0
Spreads From0 pips0 pips
Commission$0.02/lotNone
Max Leverage1:301:5
Platforms & Markets
Trading PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile, LHV Broker
Markets OfferedStocks, Forex, Cfd, Crypto, Indices, CommoditiesStocks, Etf, Crypto, Indices

Trading & non-trading fees

Min Deposit

Exante

$10000

LHV

$0

Spreads From

Exante

0 pips

LHV

0 pips

Commission

Exante

$0.02/lot

LHV

None

Deposit Fees

Exante

None

LHV

None

Withdrawal Fees

Exante

None

LHV

None

Pros & cons

E

Exante

Pros

  • Higher overall rating at 3.6/5 in our independent evaluation
  • Broader market access with six distinct asset classes
  • Higher maximum leverage of 1:30 compared to competitors
  • Transparent low-cost commission structure at $0.02 per lot
  • Regulated by two respected tier-1 authorities, FCA and CySEC
  • No hidden deposit or withdrawal fees

Cons

  • Steep $10,000 minimum deposit puts it out of reach for many beginners
  • Only two proprietary platforms offered, with no third-party MetaTrader support
  • Leverage of 1:30 may feel limiting to traders used to higher-leverage CFD brokers
  • Newer company history compared to some long-established competitors
L

LHV

Pros

  • No minimum deposit makes it highly accessible for new traders
  • Commission-free trading structure
  • Long operating history dating back to 1999 builds institutional trust
  • Widest platform selection with three supported options
  • Regulated under both Finantsinspektsioon and FCA
  • No hidden deposit or withdrawal costs

Cons

  • Lower overall rating of 3.4/5 compared to Exante
  • Maximum leverage capped at just 1:5, limiting capital efficiency
  • Narrower market range with no dedicated forex or CFD offering
  • Fewer total asset classes available, covering only four categories

Our expert verdict

Editor's verdict

Overall winner Exante
Lowest fees Exante
Best regulation Exante
Better for beginners LHV

Exante is our recommended pick in this comparison, earning a 3.6/5 overall rating versus LHV's 3.4/5. Exante's advantage comes from its wider market coverage, competitive commission structure, and higher leverage ceiling, making it the stronger all-around choice for active traders. LHV remains a compelling alternative for newer investors who want a $0 minimum deposit and don't need advanced leverage or a broad multi-asset offering.

Regulation & Safety

Both brokers operate under tier-1 regulatory oversight, which is reassuring for traders prioritizing capital security. Exante is regulated by the FCA and CySEC, two well-respected authorities known for strict capital adequacy and client fund segregation rules.

LHV, meanwhile, is licensed by Estonia's Finantsinspektsioon as well as the FCA, giving it a solid dual-jurisdiction footprint. Neither broker holds an edge in terms of raw regulatory count, but Exante's combination of FCA and CySEC is generally viewed as slightly more globally recognized among active multi-asset traders.

Ultimately, both platforms are safe choices from a compliance standpoint. Traders should still confirm which specific legal entity and jurisdiction will hold their account, as protections can vary by region.

Fees, Spreads & Commissions

On paper, both brokers advertise spreads starting from 0 pips, so the headline spread comparison is a wash. The real differentiator lies in the commission structure layered on top of those spreads.

Exante charges a transparent $0.02 per lot commission, which is competitive for a multi-asset brokerage offering stocks, forex, CFDs, crypto, indices, and commodities under one roof. LHV charges no per-trade commission at all, which can be more cost-effective for lower-frequency or buy-and-hold investors.

Neither broker charges deposit or withdrawal fees, which is a welcome relief for cost-conscious traders on both sides. For high-volume active traders, Exante's low flat commission combined with tight spreads often works out more favorably, while LHV's zero-commission model benefits occasional investors making fewer trades.

Minimum Deposit & Accessibility

This is where LHV pulls ahead significantly. LHV requires no minimum deposit at all, making it dramatically more accessible to beginners, students, or anyone testing the waters with a small amount of capital.

Exante, by contrast, requires a substantial $10,000 minimum deposit. This positions Exante firmly as a broker geared toward serious, well-capitalized traders and institutional-style investors rather than casual retail beginners.

If accessibility and low barrier to entry are your top priorities, LHV is the clear winner in this category. However, traders who can meet Exante's higher threshold gain access to a more robust multi-asset trading environment in return.

Leverage & Market Range

Exante offers considerably higher leverage, up to 1:30, compared to LHV's more conservative 1:5 cap. This makes Exante more appealing to traders who want greater capital efficiency, particularly in forex and CFD markets.

Market breadth also favors Exante, which supports six asset classes: stocks, forex, CFDs, crypto, indices, and commodities. LHV covers four categories — stocks, ETFs, crypto, and indices — but notably lacks dedicated forex and CFD offerings.

For traders who want a single account to access diverse global markets and use meaningful leverage, Exante's setup is the more versatile solution.

Trading Platforms & Tools

Exante provides its own proprietary web and mobile platforms, giving traders a streamlined, unified experience across devices. This is a lean but functional setup focused on multi-asset execution.

LHV goes a step further by offering three platform options: Proprietary Web, Proprietary Mobile, and the dedicated LHV Broker platform. This gives LHV clients slightly more flexibility in how they choose to interact with the markets.

Neither broker offers popular third-party platforms like MetaTrader 4 or 5, which may be a limitation for traders accustomed to those ecosystems. Platform choice ultimately comes down to whether you value Exante's streamlined multi-asset dashboard or LHV's broader in-house platform variety.

Company Background & Track Record

LHV has the longer operating history, founded in 1999 and headquartered in Tallinn, Estonia, giving it over two decades of established presence in the region. Exante was founded later, in 2011, and is based in Valletta, Malta.

While LHV's longevity may appeal to traders who value a lengthy track record, Exante has still built a credible international reputation over its 15-year operating history, particularly among multi-asset and institutional-style clients.

Neither company's age should be a deciding factor on its own, but it's a relevant data point for traders who weigh institutional heritage as part of their due diligence process.

Verdict summary

The bottom line — category winners and our final pick based on ratings.

Editor's verdict

Exante wins overall

Exante edges out LHV overall based on our expert rating score.

E

Highest Rated

Exante

3.6 / 5 / 5

Category winners

  • Overall winner

    Based on overall expert rating (3.6/5).

    Exante
  • Better for beginners

    Stronger onboarding and educational resources.

    LHV
  • Lower trading costs

    More competitive spreads and baseline commissions.

    Exante
  • Stronger regulation

    Higher trust based on tier-1 regulatory oversight.

    Exante

Frequently asked questions

Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Our #1 Pick Right Now: AvaTrade

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