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Head to head

Errante vs WM Markets

Errante is licensed by CySEC in the European Union, and also has an offshore registration. WM Markets has no licence we could confirm on a regulator's register. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $50 at Errante and $50 at WM Markets. Both offer negative balance protection and segregated client money.

Facts last checked: Errante on 20 October 2026, WM Markets on 20 October 2026.

Errante profileWM Markets profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
ErranteStrictly regulatedRead the profile
WM MarketsRead the profile
Comparing
ErranteEuropean Union
WM Markets

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Mahé, Seychelles (EU company in Cyprus)
Fomboni, Mwali (Comoros)
Official websites
  • errante.com
  • errante.eu
  • wmmarkets.com
  • en.wmmarkets.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Notely Trading Ltd
No licence listed
Regulator
CySEC
European Union
No licence listed
Regulation level
Strictly regulated
No licence listed
Licence number
383/20
Check the register
No licence listed
Clients this company serves
Residents of EU and EEA countries, through errante.eu
No licence listed
All licences held
  • CySEC (European Union)
  • FSA Seychelles (International)
None listed
Segregated client money
Yes
Yes
Negative balance protection
Yes
Yes
Compensation scheme
Investor Compensation Fund (Cyprus) for eligible clients of Notely Trading Ltd; none for clients of the Seychelles company
None

Costs

Your monthly cost
No accounts listed
No accounts listed
Cost per lot (EUR/USD)
No accounts listed
No accounts listed
Spread from
No accounts listed
No accounts listed
Typical EUR/USD spread
No accounts listed
No accounts listed
Commission per lot (round turn)
No accounts listed
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Yes
Yes

Leverage and margin

Maximum retail leverage
Up to 1:1000 (Seychelles company); 1:30 on major pairs for EU retail clients
Up to 1:2000 (dynamic, set per instrument)
Retail leverage by asset class
Not yet checked
Not yet checked
Margin call level
100%
100%
Stop-out level
20%
20%

Account

Minimum deposit (this account)
No accounts listed
No accounts listed
Base currencies
No accounts listed
No accounts listed
Execution
No accounts listed
No accounts listed

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • Errante client portal app
  • MetaTrader 4
  • MetaTrader 5
  • WM Markets mobile app
  • MT4 WebTrader
Markets
50+ currency pairs, metals, energies and commodities, indices, shares and cryptocurrency CFDs
CFDs on forex, metals, indices, energies, commodities, treasuries, shares, ETFs and cryptocurrencies
Demo account
Yes
Yes
Copy trading
Yes
Yes
Expert advisors (automated trading)
Yes
Not yet checked
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Bank wire (SWIFT and SEPA)
  • Debit and credit card
  • E-wallets
  • Cryptocurrency
Not yet checked
Withdrawal fee
Depends on the method. The terms also allow a fee of up to 5% if you withdraw without significant trading or within three months of funding without trading
Not published; the agreement allows transfer-related and termination fees
Inactivity fee
$15 one-off, then $5 a month, after 150 days with no activity (Seychelles terms)
Accounts with no trading for six months are disabled and may pay maintenance charges (amount not published)

Support

Customer support
24/7 support by live chat and email (support@errante.com)
24/5 multilingual support by live chat

Our notes

Strengths
  • EU company Notely Trading Ltd is licensed by CySEC (licence 383/20, checked on the CySEC register)
  • Negative balance protection is written into the Seychelles terms, so losses are capped at your account balance
  • Client money held separately from company funds, plus a civil liability insurance policy of up to €1,000,000
  • Choice of MetaTrader 4, MetaTrader 5, cTrader and TradingView
  • Negative balance protection is written into the client agreement
  • The agreement says client money is kept apart from the company's own funds
  • Says it holds a client funds insurance policy of up to $1,000,000
Watch out for
  • Clients outside the EU join the Seychelles company, which holds only an offshore licence and offers leverage up to 1:1000
  • Minimum deposits and spreads for the Premium, VIP and Tailor Made accounts are not shown on the public account page
  • Dormant accounts pay $15 and then $5 a month, and a fee of up to 5% can apply to withdrawals made without trading
  • Says WM Markets Ltd holds MISA licence BFX2024009; we could not confirm it on MISA's register on 2026-10-20 (the register blocked automated access).
  • The agreement gives the company a lien over client assets and lets it pledge or reinvest assets held for clients
  • Leverage up to 1:2000, and payment methods and withdrawal fees are not listed on the public website
  • Inactive accounts are disabled after six months and may be charged maintenance fees that are not published

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • Errante: Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.
  • WM Markets: Contracts for Difference (CFD) are complex financial instruments carrying a substantial level of risk and may not be suitable for all investors, as may result in the loss of all invested capital rapidly due to leverage. You should consider whether you understand how CFDs work, your investment objectives, level of experience, risk appetite, and, if necessary, seek advice from an independent financial advisor.

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Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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