Errante Review | Is Errante Legit and Safe? Regulation, Trading Conditions & BrokerHiveX Score

1. Brand Background and Development History

Errante Securities Ltd is an emerging Forex and CFD broker established in 2018 .

• Registration and Regulation : Entities are established in both Cyprus (regulated by CySEC) and Seychelles (regulated by FSA).

• Development positioning : Focus on transparent execution + ECN liquidity to attract professional and retail clients.

• Served Market : We have active users in Europe, Asia, the Middle East, and Africa.

• Differentiation : The brand offers flexibility and transparency through its STP/ECN dual account system and diverse deposit and withdrawal channels .

Official website: www.errante.com

2. Trading Account and Trading Conditions

Errante offers four main account types, covering different levels of traders:

📌Comments :

• Spread performance : The measured spread on EUR/USD is as low as 0.1–0.2 in ECN accounts.

• Commission transparency : Fees are competitive compared to IC Markets and Pepperstone.

• Adaptability : Suitable for different fund sizes, from small novices to institutional investors.

III. Supervision and Compliance

📌Comments :

• CySEC Regulation : Under the EU framework, client funds are covered by the Investor Compensation Fund (up to €20,000).

• FSA regulation : It is an offshore regulation with lower compliance protection.

• Dual-entity structure : provides flexibility, but requires clarification of the corresponding regulatory body when opening an account.

IV. Trading Products and Market Coverage

• Forex : 50+ major currency pairs

• Commodities : gold, silver, crude oil, natural gas

• Stock Index CFD : three major US stock indices, major European/Asian indices

• Stock CFDs : US and European listed companies

• Cryptocurrencies : BTC, ETH, LTC, XRP, etc.

Comparative analysis :

• The product coverage is similar to that of FXPIG and IC Markets , but with more types of stock CFDs.

• Cryptocurrency liquidity was stable during testing, making it suitable for weekend traders.

V. Transaction Execution and Platform Technology

• Platform support : MT4 / MT5 desktop + mobile

• Execution mode : STP + ECN

• Test results :

• Average latency: ~95ms (European server)

• Transaction rate: 96.5%

• Positive slippage rate: 22%

• Negative slippage rate: 17%

• Technical features : Supports VPS low-latency connection, suitable for EA automated trading.

📌Comments :
The execution quality is above average in the industry, especially in low-spread ECN accounts.

6. Deposit and Withdrawal Methods and Fund Security

• Deposit methods : Credit card, bank wire, Skrill, Neteller, cryptocurrency

• Withdrawal speed : 1–3 days for wire transfer, within 24 hours for e-wallet

• Handling Fee : Most deposits are free of charge, but some wire transfer channels charge bank fees.

• Fund isolation : Client funds are deposited in separate EU bank accounts

📌User feedback :

• Deposits are smooth and withdrawals are generally completed within 24–48 hours.

• Some users reported delays in withdrawal processing during weekends.

7. Customer Service and Multilingual Support

• Supported languages : English, Chinese, Arabic, Spanish, Greek, etc.

• Contact Information :

• 📧 [email protected]

• Online customer service: Monday to Friday 24 hours

• evaluate :

• European customers commented that the customer service is professional and responsive

• Asian users report limited Chinese customer service

8. BrokerHiveX Comprehensive Scoring and Analysis (Extended Version)

1. Regulation – 7/10

Errante is dually regulated by CySEC (Cyprus) and FSA (Seychelles) :

• Plus points : CySEC is part of the EU framework, clients are protected by a compensation fund (up to €20,000), and there is a high level of transparency.

• Minus points : A large number of international clients are registered with FSA entities, which are regulated as offshore and have limited investor protection.
  📌Comparison : Compared to IC Markets (ASIC + CySEC) compliance, Errante is slightly inferior.

2. Pricing (Cost and Spread) – 8/10

• STP account : The spread is about 1.0–1.5, which is suitable for beginners, but the cost is not the lowest.

• ECN account : EUR/USD spreads are as low as 0.1–0.2, and commissions are $3.5/lot/side, which is very competitive in the industry.
  📌Comparison : Spreads are roughly the same as Pepperstone and IC Markets, but commissions are slightly higher.

3. Execution – 8/10

• Average latency : 95ms (European server)

• Transaction rate : 96.5%

• Slippage performance : positive slippage is 22%, negative slippage is 17%, which is controlled at the upper-middle level in the industry.
  📌Comment : Suitable for high-frequency trading and EA strategies, but the liquidity depth is slightly inferior to top platforms in extreme market conditions.

4. Platforms – 8/10

• Supported platforms : MT4, MT5 desktop + mobile

• Functionality : One-click trading, EA automation, VPS low latency support

• Disadvantages : No independently developed platform, functions are completely dependent on MT4/MT5.
  📌Comparison : Its multi-platform coverage is weaker than Swissquote/Saxo Bank , which have their own platforms.

5. Funding – 7/10

• Deposits : Visa/Mastercard, Skrill, Neteller, cryptocurrencies, generally instant.

• Withdrawals : Within 24 hours for e-wallets, 1–3 days for wire transfers.

• Fund segregation : Client funds are kept in separate EU bank accounts.
  📌Minus points : Some users have reported delays in withdrawal processing during weekends and holidays.

6. Support – 7/10

• Language coverage : English, Chinese, Arabic, Spanish, Greek

• Customer service response : European customers responded quickly, but Asian users reported insufficient Chinese customer service coverage.
  📌Conclusion : Overall, it is at an average level in the industry, lower than brands like eToro that have large customer service teams.

7. Education – 6/10

• Available resources : Market analysis articles, trading tutorials, webinars

• Disadvantages : Lack of a systematic education system, no dedicated learning centers or certification courses.
  📌Comparison : Compared to brokers like Admirals and IG Group that offer comprehensive learning academies, the gap is obvious.

8. Product Range – 8/10

• Tradable assets : Forex, commodities, indices, stock CFDs, cryptocurrencies

• Advantages : Comprehensive coverage of stock CFDs and good stability of cryptocurrency products

• Disadvantages : Doesn't yet offer options, ETFs, or real stock trading. 📌Comparison : Its product range is comparable to FXOpen and IC Markets, but not as good as Saxo Bank's multi-market layout.

📊 Overall rating: 7.4/10

As an emerging broker, Errante's overall performance is at an upper-middle level in the industry:

• Highlights : CySEC regulation, transparent ECN pricing, robust execution, and fast deposit and withdrawal times.

• Disadvantages : limited educational resources, brand awareness is not as good as that of first-tier platforms, and customer service coverage needs to be improved.

🔗 BrokerHiveX Rating Rules

IX. Media and User Reviews

• ForexBrokers.com – considers Errante’s spreads and execution performance close to those of top-tier brokers, making it suitable for active traders.

• TraderKnows – emphasizes its CySEC regulatory compliance, but warns investors about the risks of its Seychelles entity.

• FX110 – Users report fast deposit and withdrawal times, but customer service coverage could be improved.

📌Summary :
Third-party media generally recognize its transparency and execution performance , but its brand awareness and global expansion are still limited.

10. Expansion Section

1. Regional market strategy

• Europe : Relying on CySEC supervision, focusing on developing the EU retail market.

• Asia : Attract clients with high leverage requirements through FSA entities.

• Middle East & North Africa : Arabic-speaking customer service and Islamic accounts available.

2. IB Partnership and Affiliate Program

• Rebate mode : Up to $10/lot

• Cooperation mode : IB, white label, API liquidity access

• Features : transparent commissions and fast settlement cycles

3. Actual experience cases

• Account opening : Online form + identity verification completed within 24 hours

• Deposit : Deposit $500 using Skrill, arrival time<30 minutes

• Withdrawal : Wire transfer of $1,000 USD, arrival time 2 days

4. Comparison with competitors

5. Risk Case Tips

• Some users have reported customer service delays and slow withdrawals on weekends on social media platforms.

• Seychelles entities are not covered by EU protection and financial compensation mechanisms are limited.

11. Risk Warning and Summary

Errante is an emerging platform that combines compliance and execution quality . It has gradually gained market recognition with its CySEC regulation and ECN execution model.

• Advantages : low spreads, fast execution, and diverse deposit and withdrawal channels.

• Disadvantages : Limited brand awareness, weak regulatory oversight in the Seychelles entity, and insufficient Chinese customer service.

👉 Suitable for : Active traders who value transparency and execution performance and are willing to bear some offshore risks.
👉Not suitable for people : Investors who are extremely dependent on strong regulatory protection or have a high demand for Chinese customer service.