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ETX TRADER PRO
About the ETX TRADER PRO platform
ETX Trader Pro, developed by OvalX (formerly ETX Capital), is a trading platform for traders seeking a comprehensive and efficient trading experience. Its headquarters are in London, and it is regulated by the UK Financial Conduct Authority (FCA). It caters primarily to traders from EU countries, ensuring adherence to strict regulatory standards.
ETX Trader Pro offers many trading tools and resources, tight spreads, and high-quality training materials. The platform was awarded the prestigious “Best Trading Platform” title at the UK Forex and Online Personal Wealth Awards in 2018.
ETX Trader Pro provides an advanced charting tool that allows traders to analyze market trends, identify patterns, and make informed trading decisions. Users can tailor their charts with customizable indicators, drawing tools, and multiple timeframes to suit their trading strategies.
Traders on ETX Trader Pro have access to a diverse range of trading instruments, including currencies, indices, stocks, energies, commodities, metals, and cryptocurrencies. Additionally, traders can select their preferred account currency from USD, EUR, or GBP, providing flexibility in managing their trading accounts.
Pros and Cons
ETX Trader Pro is a widely used trading platform known for its robust features and support. However, like any trading platform, it has its advantages and disadvantages.
Pros:
- ETX Trader Pro operates under the Financial Conduct Authority’s (FCA) supervision, ensuring transparency and reliability in its activities.
- The platform offers narrow spreads for popular currency pairs, enhancing trading efficiency and potentially reducing trading costs.
- Traders can access quality training sessions conducted by financial experts based in London, providing valuable insights and education to enhance trading skills.
- Excellent Customer Support.
Cons:
- Users may need a larger selection of payment systems available on the platform, potentially limiting flexibility for funding accounts or withdrawing funds.
- Opening an account on ETX Trader Pro can be complex and lengthy, consisting of four stages.
- ETX Trader Pro does not offer PAMM accounts or investment programs to generate passive income.