Errante is a Cyprus-based broker established around 2018 that runs a separate, non-CySEC entity (Errante Securities (Seychelles) Ltd) for clients outside the EU/EEA.
| Regulated entity | Notely Trading Ltd |
|---|---|
| Regulation | EU-regulated (MiFID passporting) + FSA Seychelles No. SD038 |
| Other Tier-1 regulators | None confirmed |
| Founded | 2018 |
| Headquarters | Nicosia, Cyprus (registered office: 30 Karpenisiou, 1077 Nicosia) |
| Minimum deposit | $50 |
| Avg. spread (EUR/USD) | 1.5 pips |
| Platforms | MT4, MT5, cTrader |
| Instruments | 350+ instruments including roughly 55 forex pairs, 200+ stock CFDs, ~30 cryptocurrencies, plus indices and commodities |
See Errante's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its EU-regulated entity (MiFID passporting), eligible clients are covered by that entity's home EU member state's investor compensation scheme -- typically up to €20,000, though the exact scheme and cap depend on which country licenses the entity. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | Standard (EUR50 minimum deposit), Premium (EUR1,000), VIP (EUR5,000), and Tailor Made (EUR15,000) tiers, with negative balance protection and segregated funds claimed across all. An Islamic account wasn't confirmed either way. |
|---|---|
| Execution model | Described by the broker and in award coverage as STP, ECN, NDD and DMA (it won a "Best ECN/STP Broker 2022" industry award) -- these are broker-asserted/trade-press claims rather than independently audited facts. |
| Withdrawals & deposits | No fee for bank wire or card; a 1% fee applies to e-wallet withdrawals. A notable, atypical penalty clause: withdrawing more than 80% of a deposit within 48 hours without significant trading activity triggers an additional 3% penalty fee. |
| Overnight financing (swap) | Swap is instrument-specific, with example figures cited for individual pairs by one source, though these are point-in-time figures not independently re-verified and likely to be stale -- treat specific swap numbers as illustrative only. |
| Currency conversion cost | Not found -- no specific fee or percentage was located. |
| Inactivity fee | A one-time $15 maintenance fee after 150 days of inactivity, followed by an ongoing $5/month charge -- a relatively aggressive, early-triggering policy compared to the 6-12 month norms seen at most peers. |
| Customer service | Not found -- no independent commentary on support quality or hours was located. |
| Mobile experience | One source cites unusually high ratings (around 5.0 on iOS, 4.9 on Android) for its MT4/MT5 mobile apps, but these figures look potentially unreliable (small sample sizes are common for niche broker apps) and should be independently re-checked against the live store listings before relying on them. |
| Educational offering | Described generically by one comparison source as offering a wide selection of educational content and trading tools for beginners, with no specifics on courses or webinar cadence found. |
See how Errante's spread cost compares across every researched broker → · Forex broker fees explained
Is Errante regulated?
Yes -- EU-regulated (MiFID passporting) + FSA Seychelles No. SD038. See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if Errante fails?
Via its EU-regulated entity (MiFID passporting), eligible clients are covered by that entity's home EU member state's investor compensation scheme -- typically up to €20,000, though the exact scheme and cap depend on which country licenses the entity. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
What is the minimum deposit at Errante?
Our research confirms a minimum deposit of $50.
What trading platforms does Errante offer?
Errante offers MT4, MT5, cTrader.
What is Errante's average spread on EUR/USD?
Our research confirms an average EUR/USD spread of 1.5 pips. See our cost calculator to compare this across every broker we've reviewed.
When was Errante founded?
Errante was founded in 2018.
How is Errante's overall score calculated?
Errante currently scores 2.7/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
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