ETX Capital Broker Reviews and Full Information

What exactly is ETX Capital?

ETX Capital is a quite long-standing company, whose history goes from 1965. It serves as a global supplier of technologically advanced online trading and offers the chance for access to more than 6000 markets, assisted by a dependable customer service team and the increased opportunities provided by FCA-approved guidelines.

It's true that the ETX principal business is geared more towards institutions as traders or customers, however, since the retail trading increase in volume every day, ETX Capital expanded its offerings to global traders and traders. Although online trading has been in operation for over fifteen years, it's now was one of the top best trading options and, more significant is the fact that it's one of the is that it's reliable.

ETX Capital Pros and Cons

ETX Capital is a good broker offering high-quality trading tools as well as a low cost the education section.

On the other hand the negative side is that conditions aren't precise and instruments could be restricted only to CFDs only.

10 Points Summary

Headquarters UK
Regulation FCA
Instruments More than 50 Forex pairs or commodities, CFD products or spread betting
Platforms TraderPro, MT4
Spread EUR/USD 0.6 pip
Demo Account The Provider
Minimum deposit 100$
Base currencies USD, GBP, EUR,
Education Education in trading at a high-level
Customer Support 24/5

Awards

For its overall efforts and accomplishments, ETX Capital has gained numerous awards and international recognition. This ensures the high-quality that comes with ETX trading services. Not only from the trustworthy issuers, but also from the traders' group too.

UK Forex Awards | Best Forex Trading Tools & Software

Shares Awards | Winner Best Futures Options Broker

Investment Frauds Win Value for Money

 

Do you think ETX Capital safe or a scam?

Yes, ETX Capital is not a fraud. ETX Capital is an online trading name for Monecor (London) Limited, the company with its headquarters at London and regulated to operate by the Financial Conduct Authority and is also an active participant in the London Stock Exchange.

 

In reality, being an established company with strict regulations of FCA which is among the most powerful and most shrewd regulators in the field This means that ETX Capital has appointed each and every rule in their processes which assure the integrity of their broker..

The approved controls includes the most crucial thing to ensure the security of customer funds which includes but not just regular security checks to ensure that there are enough capital for regulatory purposes, the separation of client funds that are stored in investment-grade rating UK banks, and participation in schemes covering those who trade in the event of an insolvency and numerous other.

Instruments for Trading

So, when you choose ETX Capital as a broker you'll get an option of various trading markets, but also global financial indices, many equity markets, 50+ Forex pairs and a large selection options for productsCFD products or spread betting accessible to UK citizens only.

Additionally, you will find many of the most powerful features earlier available to institutional clients only.

ETX Capital ETX Capital follows the strategy of small spreads because as a more narrow the spread, the less the distance the market has to cross, meaning that you'll benefit and experience an extremely competitive price.

Leverage

ETX Capital tries to offer an opportunity that could be beneficial to their clients because an increase in leverage can be a risk to increase the risk of trading. This is why ETX Capital leverage rates are set at an 100:1 for the majority of products, and 200:1 for some MT4 products. However, it is important to remember that the possibility of a favorable benefit of leveraged trading should be utilized with care on a variety of products so that you don't be a victim of unanticipated losses.

Furthermore, the most recent European regulatory updates , led to ESMA has a goal to shield clients from negative impacts and to reduce leverage to the max 30:1. 30 percent for Forex instruments, and lower for other types of assets.

 

Types of accounts

To make it easier to open an account procedure, ETX Capital provides its customers with one basic trading account with the option of a single choice is to choose the platform which offers three distinct platforms that allow you to pick which one suits you most.

Fees

ETX Capital trading fees, which are included in the ETX Capital spread and are thought to be at a comparable level with the market's offerings. Take a look and compare ETX Capital fees to IC Markets.

 
Fees ETX Capital Fee ICM Capital Fee ActivTrades Fee
Deposit Fee No No No
Fees for withdrawal No No No
Fee for Inactivity Yes Yes Yes
Fee position Low Average Low

Spreads

ETX's spreads tariffs are offered through access to the greed of institutions of pricing. ETX Capital trading charges are included in the spread. As you can see that this ETX spread can be described as a highly competitive product in comparison to other spreads and is priced accordingly. Forex spreads begin at 0.7 pip for EUR/USD. Equities are 0.08 approximate spreads of a few stock, Commodities- minimum spreads beginning at 3 pip, Indices- minimal spreads that start at 1 pip for some major indexes.

"Typical" spreads of the noted pairs reflect the median, and are monitored for a specific time period However, Spreads can vary depending on market conditions, such as volatility, liquidity availability, and other aspects, for latest quotes, check the on the official ETX Capital website or platform.

 

 
Asset ETX Capital Spread ICM Capital Spread Spread from ActivTrades
EUR USD Spread 0.6 pip 1.3 pip 0.63 Pips
Crude Oil WTI Spread 0.03 4 3
Gold Spread 0.4 35 35.75

 

 

Deposits and withdrawals

ETX Capital offers a range of options to transfer money into your trading account. It lets you choose between the most popular Credit and Debit cards not including AMEX, Wire Transfers, Online Bank Transfers, as also a variety of forms of e-payment such as UnionPay, Skrill, Sofort, giropay and Neteller.

Minimum deposit

ETX's minimum deposit amounts to PS100 or the equivalent currency.

ETX Capital minimum deposit in comparison to other brokers

  ETX Many Other Brokers
Minimum Deposit $250 $500

Withdrawal

ETX Capital also applied competitive offer for withdrawals that allows each trading account with five withdrawals of more than 100 USD per month, without processing fees or withdrawal cost. In the event that you want to withdraw more than this, you will be charged the cost of 25dollars per transaction.

 

Trading Platforms

ETX Capital brings trading opportunity through 55,000 marketplaces along with spread betting 24/7 with a selection of price alerts that are customized via texts or emails, custom charts and indicators, limit that you can drag and drop and educational analysis assistance.

Web platform

The tools are accessible across both the platforms ETX Capital stays on and include the exclusive ETX TraderPro that is a truly robust completely customizable program, however, it is user-friendly and offers advanced charting. ETX TraderPro featuring flexible graphs options and comes that comes with the finest professional tools that offer extremely interactive trading that gives you the potential to take on substantial risk while aiming for substantial return.

Desktop Platform

Additionally, you have the options to choose the industry-leading MetaTrader4that is renowned for its charting program as well as its automated capabilities, or the ability to integrate an EA that is your own to automate the process of placing orders. MT4 is a platform that has global reach that has a presence all over the world as well as the most secure and execution services, which has received the highest ratings and is clever enough to be able to work with ETX Capital to propose both platforms at your disposal.

Additionally, ETX Capital offers all of its platforms as mobile versions which means that you can access the TraderPro platform using the go with your Apple or Android smartphone or tablet. Today, the majority of traders execute trades from wherever they are. this is why ETX trading permits you to travel around the world while trading.

Education

Furthermore the broker must ensure that traders who are new to trading are well-informed and ready to trade. This is why a the Demo Account is open for registration anytime and also the various and detailed levels of learning about trading which are considered to be on a superior level when compared with other brokers.

In addition you'd be trading with 24/7 support from customer service that is accessible and can be reached via either email or telephone or even an international number for traders from outside the UK.

 

Conclusion

In the end, ETX Capital has everything to demonstrate its reliability and reputation of the company. Experience and years of operating history of ETX Capital. ETX Capital parent company still ensures that the broker is in the top of its game in the market of institutionsas as maintaining a an offering that is competitive to traders. Although the broker works with large numbers of institutional clients, retail traders can benefit from ETX Capital expanded approaches too. As for ETX Capital benefits, we must acknowledge the platform's solutions along with a complete and well-constructed educational system that includes an array of materials for free for traders with diverse experience.

Summary
Properties Values
Name
ETX Capital
Minimum Diposit
$ 100
Leverage
30:1
Regulation
CySEC (Cyprus),FCA (United Kingdom),,,
Headquarters
United Kingdom
Established
2002
Address
1 Broadgate Circle, London , EC2M 2QS, United Kingdom
Platform
MT4,,,
Payment Method
Visa,Mastercard,Wire,Skrill,Neteller,Maestro,Union Pay,,,
Overview
Properties Values
Spreads
0.6 pips
Min Position size
0.01
Broker Type
MM ( Market Maker),Instant Execution,,,,,,
Account Type
Mini account,Standard,,,
Brokers by Country
UK Forex Brokers,Cyprus Forex Brokers,,,
Techniques
Scalping Forex Brokers,Hedging Forex Brokers,Automated Trading Brokers,Mobile Trading Brokers,,,
Instruments
Forex Trading Brokers,Futures Trading Brokers,Gold Trading Brokers,CFD Trading Brokers,Crypto Trading Brokers,Stock Trading Broke,Oil Trading Brokers,Commodity Forex Brokers,Metal Trading Brokers,Indexes Trading Brokers,,,
Account currency
USD,EUR,GBP,AUD,,USD,,USD,
Tools
Economic Calendar,Charting Software,,,
Website Languages
en,,,
Support languages
en,,,
Bonus
Yes
Reviews Rating
3.5
Withdrawal Fee
Yes
Trading Signals
Yes
Free Education
Yes
Daily News
Yes
Demo account
Yes
Swapsr
Yes
Pors
1. Multiple, free deposit and withdrawal options
2. Easy and fast account opening
3. Great educational tools
Cors
1. High FX fees
2. Only CFDs, forex and crypto available
3. Basic research tools
Display Analysis
Yes
Serving country
CY,GB,,,
Not Serving country
BE,CA,SG,US,,,
Contests
Yes
Market analysis
Yes
Copy Trading Brokers
No
Bitcoin Forex Brokers
Yes
Social trading
Yes
Web trading
Yes
Forex pairs
Yes
CFDs
Yes
Crypto
Yes
Hedging
Yes
PAMM
Myfxbook Auto trade,Mql5 signals,,,
Mobile Trading
Yes
Scalping
Yes
Automated Trading
Yes
Partnership Programs
Yes
Free Phone
+44 (0) 20 7392 1494
Customer Support
24/5
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