ETX Capital

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 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





Key Features

Regulation: FCA
Min Deposit: €100
Leverage: 1:200
Platform: ETX MT4, ETX Trader Pro and ETX Binary
First Deposit Bonus: Yes
Other Bonuses: No

Company Information
Broker's Name
ETX Capital
Headquartered in
London, United Kingdom
Year Founded
Regulating Authority
US Clients Accepted
Telephone Number
0800 138 4582
Fax Number
E-Mail Address
Account Options
Type of Broker
Dealing desk
Mini Account
VIP Account
Segregated Account
Islamic Account (Swap Free)
Demo Account
Institutional Accounts
Managed Accounts
Maximum Leverage
Minimum Deposit
Deposit Options
Credit Cards, Wire Transfer, Deposit by Phone, Custodian Banks, Debit Cards
Withdrawal Options
Credit Cards, Wire Transfer
More Instruments
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
Charting Package
Trading Signals
Automated Trading
Trade From Charts
Market Commentary
E-mail Alerts
Mobile Alerts
Trailing Stops
Guaranteed Stop Loss
Guaranteed Limit Orders
Guaranteed Fills
Interest on Margin
One-Click Execution
OCO Orders
Mobile Trading
Web-Based Trading
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?
Bonuses & Rewards
No Deposit Bonus
Bonus for First Deposit
Is the Bonus Based on the Volume of the Transaction?
Other Bonuses

Top Bonus Info: 
£20 Registration Bonus / Up to 25% Deposit Bonus

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Risk Warning


Your capital is at risk. Trading in Forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss.  The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. This website is provided for informational purposes only and in no way constitutes financial advice. A featured listing does not constitute a recommendation or endorsement.