ETX Capital Review
Overview
ETX Capital company information ETX Capital is a forex broker owned by Moncecor Ltd which is regulated by the FCA in the United Kingdom. ETX Capital offers spread betting, CFDs… more
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1.6/5
Details
| Broker | ETX Capital |
|---|---|
| Website URL | www.etxcapital.com |
| Founded | 2002 |
| Headquarters | London |
| Support Number | phone: +44 (0) 20 7392 1434 fax: +44 (0) 20 7392 1414 |
| Support Types | phone, fax, live chat, email: [email protected] |
| Languages | English, Italian, Spanish, German, Russian, French, Danish, Greek, Dutch, Arabic, Polish, Chinese, Czech, Hungarian |
| Trading Platform | Currenex, MetaTrader 4 |
| Minimum 1st Deposit | $100 |
| Minimum Account Size | $100 |
| Minimum Trade Amount | $1 |
| Maximum Trade Amount | $1 |
| Bonus | up to $10,000 on first deposit |
| Payout | within 3 business days |
| Leverage | up to 400:1 |
| Spread | from 0.7 pips |
| Free Demo Account | Open Demo |
| Regulated |  |
| Regulation | Regulated and licensed by FCA |
| Commissions | |
| Commission Info | No hidden commissions or fees |
| Account Types | demo account, ECN/STP, Mini Account, Institutional account, VIP account, Segregated account, |
| Deposit Methods | Bank Wire Transfer , Credit Card , Credit Card deposit by phone , Debit Card , Moneybookers |
| Withdrawal Methods | Bank Wire Transfer , Credit Card , Credit Card deposit by phone , Debit Card , Moneybookers |
| Trading Methods | Scalping, hedging, trailing stops, guaranteed stop loss, guaranteed limit orders, guaranteed fills, one-click execution, OCO orders |
| Number of Assets | 1000+ |
| Types of Assets | spot forex, equities, commodities, stocks, ETFs, indices, bonds and interest rates |
| US Traders Allowed |  |
| Mobile Trading | |
| Tablet Trading | |
| Overall Score | 8 |
Full Review
ETX Capital company information
ETX Capital is a forex broker owned by Moncecor Ltd which is regulated by the FCA in the United Kingdom. ETX Capital offers spread betting, CFDs and forex trading. ETX Capital already exists since the 70s just like IG Index and is one of the oldest, most reputable brokers world wide.
ETX Capital trading platforms
ETX Capital has two trading platforms at the moment: ETX Capital Proprietary Platform and ETX MetaTrader 4 (MT4). The ‘regular’ ETX Capital Proprietary Platform is a web based trading platform for which no download is required and the ETX MetaTrader 4 speaks for itself, it’s a MetaTrader platform run by ETX Capital. The ETX Capital Proprietary platform includes a trading watch list, guaranteed stops and many more trading features whilst the MT4 platform offers traders what they expect from MetaTrader; comprehensive, fully customizable interface with dynamic charting, availability to write scripts, connect Expert Advisors etc.
ETX Capital assets
Forex traders can trade any different financial assets on ETX Capital including spot forex, equities, commodities, stocks, ETFs, indices, bonds and interest rates.
ETX Capital spreads and commissions
ETX Capital can charge traders in two different ways. Either fixed spreads or floating spreads, either way no hidden fees or commissions are charged. Spreads on major forex pairs are low and competitive being between 0.7 and 0.9 pips each.
ETX Capital customer support
ETX Capital customer support is available in at least 8 languages including Chinese, English, Danish, French, German, Greek, Italian and Spanish and is available by email, fax, phone and live chat.
ETX Capital reliability
ETX Capital is licensed by the Financial Conduct Authority (FCA) and traders are automatically participating in a government sanctioned compensation scheme (Financial Services Compensation Scheme) which covers up to 50,000 pounds in the rare case ETX Capital will default or go in to liquidation.
ETX Capital review conclusion
ETX Capital has been around for quite some years and that has several reasons. Not only being licensed by FCA so that traders funds are covered but also excellent customer support and no known scam history are all three signs of a reliable trustworthy broker. With it’s low spreads and advanced trading tools definitely a good broker for both new and experienced traders. Also ETX Capital offers more assets than other brokers as thy offer bonds and interest rates to be traded on. All this being said I rate ETX Capital an 8/10 which could have been higher if the broker accepted traders from the United States and if their website wasn’t so packed with information and a bit more user friendly.
✓ Minimum deposit only $100
✓ Low competitive spreads from 0.7 pips
✓ Up to 400:1 leverage
✓ Bonds and Interest Rates available for trading
✓ Many types of trading accounts
✓ High welcome bonus up to $10,000 on first deposit
Pros
- Minimum deposit only $100
- Low competitive spreads from 0.7 pips
- Up to 400:1 leverage
- Bonds and Interest Rates available for trading
- Many types of trading accounts
- High welcome bonus up to $10,000 on first deposit
Reviews
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Pros: 1
Nadelen: 1
OPEN ACCOUNT
I got ripped off by this scam broker recently, I had to hire a refund professional to recover my funds. Its sad that brokers all over keep burning traders.
Pros: nothing
Nadelen: everything
OPEN ACCOUNT
Most of these broker cant be trusted I was ripped off by them getting a withdrawal was a hassle after many failed attempts. I had to hire a refund solution firm to get a refund.
Pros: customer results
Nadelen: withdrawal process is really slow
OPEN ACCOUNT
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