ETX Capital

Details

Broker ETX Capital
Website URL etxcapital.com
Founded 2002
Headquarters London
Support Number 44 (0) 20 7392 1434
Support Types Email, Phone
Languages English, Italian, Spanish, German, French, Danish, Greek, Turkish, Dutch, Polish, Chinese, Czech, Hungarian, Norwegian
Trading Platform MT4 , Web Trader , Marketspulse
Minimum 1st Deposit $100
Minimum Account Size $100
Bonus Up to $3,750 Bonus
Payout 85%
Leverage 1:400
Spread start at 0.7 pips
Free Demo Account Yes
Regulated Yes
Regulation FCA
Deposit Methods Bank Wire Transfer, China UnionPay, Credit Card, Credit Card deposit by phone, Debit Card, Deposit by Phone, Giropay, Neteller, Skrill, Sofort
Withdrawal Methods Bank Wire Transfer, China UnionPay, Credit Card, Debit Card, Giropay, Neteller, Skrill, Sofort
Types of Assets Forex, CFDs, Binary Options, Indices, Commodities
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 4.75/5

Pros

  • Competitive Spreads
  • Industry Leading Platforms
  • Mobile Trading Supported
  • Regulated Broker
  • Wide Range of Markets

Cons

  • No Choices of Trading Accounts
  • No localized telephone support numbers for international clients

ETX Capital is a global provider of cutting edge innovative technology giving our customers access to competitive pricing of up to 6000 markets, supported by our award winning customer service teams.

ETX Capital is a trading name of Monecor (London) Limited, company number 00851820. Monecor (London) Limited is authorised and regulated by the Financial Conduct Authority, with Financial Services Register number 124721, a member firm of the London Stock Exchange and was established in 1965.

At ETX Capital we acknowledge that traders have a significant number of brokerage choices. We have a healthy respect for our competitors and do not take any of them lightly. Nonetheless we believe that ETX Capital offers traders a wide variety of benefits that many of our competitors may find hard to match.

ETX works hard to provide a versatile trading experience for its clients. Looking for educational opportunities? ETX Capital offers such opportunities free of charge to clients. Concerned about the safety of your funds? ETX Capital has a high level of account security. Searching for a considerable range of markets, with favourable trading conditions, good customer service and mobile trading capability? ETX Capital has all of these things and more.

Platforms
In today’s fast-paced world, traders have access to a wider range of markets, more worldwide news sources and more methods of financial trading than ever before. While desktop trading still plays an important role, in an era where mobile devices are so prevalent and traders enjoy an ever-increasing amount of access to the internet, trading brokerage clients are right to expect a service which includes mobile access to their trading platforms.

  • ETX TRADER PRO: All of the features trader needs – Tools, charts, indicators and a wide-array of tradeable markets. Made by traders, for traders.
  • ETX mt4: Automated trading – Download MT4 and trade with ETX Capital for all of your technical analysis and automation needs.
  • ETX binary: 60 second trades are here – Trade exciting short-term contracts with limited risk. Perfect for those who like fast-paced trading

Account Types
ETX Capital has only one type of standard trading account. Traders only need to make a minimum deposit of $100 to open a live account. A demo account is also available for those who want to try out ETX Capital platforms first before they start committing real funds.

Tight Spreads: Lots of Leverage
The tighter the spread, the smaller the distance that the market in question has to move in order to make a difference between profit and loss. ETX Capital offers tight spreads on a range of different products;

  • Forex- spreads start at 0.7 pips for EUR/USD
  • Equities- 0.08 indicative spreads for some stocks
  • Commodities- minimum spreads starting from 3 pips
  • Indices- minimum spreads starting from 1 pip for certain major indices

When one adds in leverage rates – available at 100/1 for many products, with leverage as high as 400/1 available on some MT4 products – we believe that ETX offers traders some potentially favourable opportunities, although it should be noted that increasing one’s leverage can also increase one’s trading risk.

Customer Support
Customer support services at ETX Capital are available between 7.30 to 9.00pm (UK Time) from Monday to Friday. Traders can contact the support team either by phone or by email. Apart from a free phone, ETX Capital also provide an international number for non UK traders.

Client Fund Safety
As a company authorised and regulated by the Financial Conduct Authority, ETX Capital has instituted procedures designed to keep customer money secure. Daily security checks ensure that the firm has constant sufficient regulatory capital. Client funds are also kept strictly separate from company money in investment grade rated UK banks.

Trade Anywhere
In this day and age, traders need to be able to take positions wherever they are; whether they’re at their desks or on the move. That’s why ETX offers a full range of mobile trading apps, with all 3 trading platforms available on iPhone, iPad and Android devices.

 

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