ETX Capital


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    Demo Account: Yes
    Allows Hedging: Yes
    Allows Scalping: No
    Headquarters: London, United Kingdom
    Trading Platform(s): ETX MT4, ETX Trader Pro and ETX Binary
    Regulating Authority(s): FCA

    Visit ETX Capital

    ETX Capital

    €100
    Minimum Deposit
    1:200
    Maximum Leverage
    2002
    Founded

    £20 Registration Bonus / Up to 25% Deposit Bonus

    ETX Capital Review

    Company Overview

    ETX Capital was originally established in 1973. ETX is the brand name used for the holding company Monecor Ltd. Currently, this broker is regulated and authorized by the FCA. ETX Capital provides financial trading services to many countries not including the United States. ETX specializes in offering clients access to different types of markets via spread bets and CFDs. The company has witnessed growth in popularity as a result of efficient customer service. ETXV Capital implements a client-orientated approach behind all sales, business, client support, and technical operations.
     

    Account Types

    ETX Capital is a versatile company that provides distinct account types for distinct clients. The primary goal of the company is to recognize both experienced and novice clients. ETX offers four different accounts types that are designed to help any client regardless of skill level.

    The Binary account is used clients that require minimum risk over a short-term contract. This is an ideal account for rapid spread betting.

    The Trader account is a user-friendly account that offers easy access to any type of market.

    The TraderPro account is similar to the Trader account; however, this account is for serious and experienced traders. This account provides indicators, complex tools, and charts for an enhanced trading experience.

    The MT4 is useful for clients that require trading over a more technical User Interface. Moreover, this account is appropriate for automation trading.
     

    Commissions & Spreads

    >
    In regard to payable spreads, it can be either variable or fixed. Major currency pairs have a considerably competitive fixed spread. For example, the EUR/USD and GBP/USD offer a spread of 1.5 pips. Index spreads are moderately lower at around 1 pip.

    In order to meet the needs of a demanding market, ETX currently offers variable spreads for six of the more commonly traded currency pairs. For instance, the GBP/USD starts around 0.9 pips whereas the EUR/USD may start around 0.7 pips.

    In most cases, traders should always pay close attention to variable spreads. ETX Capital frequently monitors prices in order to provide the tightest spreads.
     

    Trading Software

    ETX understands the significance of a reliable and well-organized trading platform. ETX Capital offers two different trading platforms to clients. The ETX Capital Proprietary Platform is fast, easy-to-use, and powerful. This platform completes trades in less than a second. This feature helps clients lock in a desirable prices quickly. Additionally, the one-click trade feature reduces trading time significantly. A few other strengths of the platform include guaranteed stops and watch-lists.

    The other trading platform is the ETX MetaTrader 4 or MT4. This platform is the more popular of the two platforms. The popularity is not only at ETX, this is within financial trading. The primary reason for the popularity is the applicable customization of the MT4 platform. Additionally, this platform incorporates complex tools that are perfect for charting and technical analysis.
     

    Deposits & Withdrawals

    There are several methods for making a deposit. These methods include using a credit card, completing a wire transfer, calling by phone, and using a debit card.

    Withdrawals, on the other hand, are completed using credit cards and wire transfers.
     

    Customer Support

    ETX Capital offers excellent customer service and support. There are several languages that include Chinese, Spanish, Danish, Italian, French, and German. The primary customer support language is English. The system is available through the UK website. In order to contact the support team, clients must use telephone, fax, or email. Trading is open 24 hours.
     

    Regulators & Safety

    This company understands the magnitude of a client’s peace of mind while trading. To reassure clients, ETX depends on a strict governance to guide business operation. ETX Capital uses segregated accounts for clients. The company also implements Financial Resource calculations on a daily basis to help guarantee the company is in compliance with mandated FCA requirements. ETX is a regulated company that allows clients to join in a sanctioned compensation scheme known as Financial Services Compensation Scheme. If the company is liquidized, clients can file a claim up to 50,000 pounds.
     

    Leverage

    Leverage is the amount a trader can increase a trade. ETX Capital currently offers 0.5% or 1:200. It is important for novice traders to pay close attention to leverage.
     

    Sign Up Bonuses

    ETX Capitial offers a £/€/$20 registration bonus for new traders, as well as a deposit bonus of up to 25% (up to a maximum of €3,750) on new deposits. For full details on the deposti bonus please see the table below:

    Qualifying Deposit (£$€)

    100 – 999.99

    1,000 – 14,999.99

    15,000 or more

    Bonus Percentage/Amount on First Deposit

    £$€100.00

    25%

    £$€3,750.00

     


    Visit ETX Capital's Website

Company Information
Broker's Name
ETX Capital
Headquartered in
London, United Kingdom
Year Founded
2002
Regulating Authority
FCA
US Clients Accepted
No
Telephone Number
0800 138 4582
Fax Number
0044(0)2073921414
E-Mail Address
newaccounts@etxcapital.co.uk
Account Options
Type of Broker
Dealing desk
Commission
Yes
Mini Account
Yes
VIP Account
No
Segregated Account
Yes
Islamic Account (Swap Free)
No
Demo Account
Yes
Institutional Accounts
Yes
Managed Accounts
Yes
Maximum Leverage
1:200
Minimum Deposit
€100
Deposit Options
Credit Cards, Wire Transfer, Deposit by Phone, Custodian Banks, Debit Cards
Withdrawal Options
Credit Cards, Wire Transfer
More Instruments
Metals
Yes
Oil
Yes
Gold
Yes
Indices
Yes
Stocks
Yes
Commodities
Yes
ETFs
Yes
CFDs
Yes
Trading Platform
Platform Type
ETX MT4, ETX Trader Pro and ETX Binary
Platform Languages
English, French, Spanish, German, Italian, Chinese, Greek, Dutch, Danish, Polish, Czrch, Hungarian and Norwegian
OS Compatibility
Mac, Windows, Mobile, Web, iPhone, iPad, Andriod
Streaming News Feed
No
Charting Package
Yes
Trading Signals
No
Automated Trading
No
Trade From Charts
Yes
Market Commentary
No
E-mail Alerts
Yes
Mobile Alerts
Yes
Scalping
No
Hedging
Yes
Trailing Stops
Yes
Guaranteed Stop Loss
Yes
Guaranteed Limit Orders
Yes
Guaranteed Fills
No
Interest on Margin
No
One-Click Execution
No
OCO Orders
Yes
Mobile Trading
Yes
Web-Based Trading
Yes
Customer Service
Customer Support Languages
English, French, Spanish, German, Italian, Chinese, Greek, Dutch and Romanian
Customer Service Hours
Trading open 24 hours: London time, Sunday 21:30-Friday 21:15
Place Trades Over the Phone?
Yes
Bonuses & Rewards
No Deposit Bonus
Yes
Bonus for First Deposit
Yes
Is the Bonus Based on the Volume of the Transaction?
Yes
Other Bonuses
No


English
Top Bonus Info: 
£20 Registration Bonus / Up to 25% Deposit Bonus
Our Rating: 
4.5
Average: 4.5 (1 vote)
USPs: 
Choice of four professional trading platforms
Trusted & Secure: FCA authorised and regulated
Choice of Forex, CFDs, Spread Betting and Binary Options
Region: 
T1

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