About Errante
Overview
Errante is an online broker registered in Seychelles, founded in 2019 (registration confirmed March 2020). The company is headquartered at Suite 18, Third Floor, Vairam Building, Providence, Mahe, Seychelles. It targets retail and professional traders worldwide, offering access to Forex, CFDs, and cryptocurrencies through multiple trading platforms.
The broker operates under two regulatory licenses: a CySEC Market Making License (MM) in Cyprus, and an FSA Derivatives Trading License (EP) in Seychelles. The CySEC license places Errante under EU regulatory oversight, while the FSA license classifies it as an offshore regulated entity. This dual structure allows the broker to serve clients across different jurisdictions.
Account Types and Fees
Errante provides four account tiers designed to accommodate various trading styles and capital levels. The Standard account requires a minimum deposit of $50 and offers an average spread of 1.5 pips with no commission. The Premium account starts at $1,000 with a 1.0 pip spread. The VIP account begins at $5,000 with a 0.8 pip spread. The highest tier, Tailor Made, requires $15,000 and features spreads from 0.0 pips but charges commission.
All accounts except Tailor Made offer maximum leverage of 1:500. The broker also provides a free VPS service for VIP clients who maintain a net deposit of at least $5,000 and trade a minimum of 10 lots per month. Standard and Premium accounts also have access to educational webinars.
Trading Platforms
Errante supports four well-known trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and TradingView. MT4 is the most widely used, featuring advanced charting tools, 30 built-in indicators, and support for Expert Advisors. MT5 offers additional timeframes and order types. cTrader provides a modern interface with depth of market. TradingView is a web-based platform known for social trading and customizable charts.
The platforms are available on desktop, web, and mobile devices. The broker also offers a client portal app for account management, including registration, verification, and deposits.
Available Markets
Errante claims to offer over 120 instruments across multiple asset classes. These include more than 50 Forex pairs, major indices, energies (crude oil, natural gas), precious metals (gold, silver), commodities, individual shares, and cryptocurrencies. The broker promotes 24/7 cryptocurrency trading and high leverage on crypto pairs.
Trading hours vary by asset class, with Forex available 24 hours a day from Sunday to Friday. The broker also provides access to market analysis and research tools to assist traders in decision-making.
Deposits and Withdrawals
The broker accepts various funding methods: bank wire transfers (SWIFT), debit/credit cards, e-wallets, and cryptocurrencies. The minimum deposit is $50, or the equivalent in other currencies. Errante states it covers its own bank transfer fees, but warns that intermediary banks may charge additional fees.
Deposit processing times vary: bank wires take up to 2 business days, while card and e-wallet deposits are typically processed within 1 hour. Withdrawals are processed using the same methods. The broker does not charge deposit or withdrawal fees, but third-party fees may apply.
Who Is Errante For?
Errante is designed for traders seeking flexible account options and high leverage. The wide range of account types appeals to both beginners (Standard account, low minimum) and high-volume professionals (Tailor Made with tight spreads). The availability of multiple platforms caters to traders with specific preferences.
However, the offshore regulation (FSA) may not suit traders who require top-tier oversight (e.g., FCA, ASIC). The broker's CySEC license provides some EU-level protection, but clients outside the EU should weigh the risks of offshore regulation. Overall, Errante offers a balanced mix of features and accessibility, making it suitable for traders who prioritize platform choice and account flexibility.
Overview compiled by FXCanary from regulatory records and public data. full Errante review