Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

ETX Capital Review

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ETX Capital general information

Founded in: 2002 year
Headquarters:
United Kingdom
Minimum Deposit: 0 $
Website: www.etxcapital.com
Website languages:
English, Hungarian, Greek, Danish, Spanish, Italian, Chinese, German, Norwegian, Polish, French, Czech
Execution model:
NDD, ECN, STP
Deposit currency:
USD, EUR, JPY, GBP, AUD, CHF, CAD, SEK, HKD, SGD, PLN, CZK
Support languages:
English, Arabic, Hungarian, Greek, Danish, Spanish, Italian, Chinese, German, Norwegian, Polish, Slovene, French
Regulated by:
FCA (United Kingdom) license №124721
Mobile trading: iOS, Android
Types of offered accounts:
Unlimited Demo accounts, Standard accounts, Segregated accounts
Trust management: PAMM, LAMM, MAM
Affiliate program: Yes

ETX Capital Forex broker description

ETX Capital is the trading name of Monecor Limited, which is headquartered in London. ETX Capital is a global online forex trader that is popular among its loyal client base with offering superb trading conditions as well as being a credible dealer in this business.

Trading Accounts

For you to be able to trade with ETX Capital you need to sign up for an account that will enable you to trade. Etx has a variety of accounts that have been designed to help one trade according to his or her preferences and also their level of experience. The accounts that ETX Capitals have are the demo account and the live trading account.

The ETX Capital Demo Trading Account

The demo trading account is an account type that has been designed as a demonstration or education tool for the clients who have little or no knowledge of the forex trading concept and also lack an idea on how to execute trades. Also, most of the new clients opting for this account type are not willing to risk their funds on live trading due to the lack of knowledge in the concept. This account will give simulated trading conditions based on the real trading conditions in real time and clients will be able to execute trades using virtual funds.

The ETX Capital Live Account

The ETX Capital live account is the standard account type that is suitable to all client both the new and inexperienced and also the experienced and professionals. This account type has the following features:

  1. Offers a wide range of trading instruments such as indices, commodities, stocks, and shares.
  2. Uses a wide range of currencies from the euro, the United States dollar, the Great Britain pound, the Japanese yen, and Australian dollar among many other currency types.
  3. Minimum deposit is $100 or 100 units of base currency.
  4. The minimum position size is 0.01 while the maximum stands at 100.
  5. Allows for hedging.

The Company. Security Of Funds

The firm was initially incorporated in 1965 as Monecor Limited but was established in 2002 as ETX Capital and was formed in London where it is presently headquartered. This experience in the financial sector coupled with its strategic location in the financial hub of London has proved to be its greatest arsenal in the business. As a result of these two aspects, it has managed to gain a lot of clients from different regions worldwide and has an idea on how to tender its products to meet individual client's tastes and preference. Being exposed to many international clients, it has been forced to incorporate various languages as the mode of its online trading prospects for these clients and features Hungarian, Norwegian, Italian, Chinese, German, Polish and Danish among other languages.

The company has a strong workforce numbering roughly 100 who work with dedication round the clock to ensure that customers’ needs are fulfilled and queries concerning the product are answered satisfactorily. The staff may once a while offer advisory services to the clients concerning trade executions and the prevailing market conditions. All this is in a bid to enhance customer experience that will foster a good relationship between the firm and its customers which translates to loyalty.

The firm is also credible and operates according to the set rules and regulations to uphold its integrity. For this reason, it has all its licenses and approvals updated by the concerned regulatory and licensing bodies in all territories and countries that it carries out its operations from. Among the licenses it has on its possession include:

  1. A valid license to operate by the United Kingdom's financial conduct authority (FCA).
  2. A valid operational license by Spain’s national securities market commission (CNMV).

In compliance with this regulatory bodies, ETX Capital strives to uphold the set rules and regulations, more so concerning clients’ funds’ safety. ETX Capital has put up strict measures that ensure the safety of these funds. Among the measures employed include:

  1. Use of segregated bank accounts that separate clients' funds from the firm's operation funds and prevents incidences of mix-ups.
  2. The clients’ funds are banked with the nest and credible banks that will promote their safety.
  3. Conduction of daily security checks to ensure that the firm has constant sufficient regulatory capital.

Trading Conditions

Minimum Initial Deposit

The minimum initial deposit is $100 that serves as a customer’s base capital in the execution of trades.

Spreads

Spreads are tight and range from 0.7 pips for dollars in forex trading instruments to 0.08 for stocks.

Leverages

The leverages are very lucrative standing at 100/1 for plenty of the instruments on trade.

Trading Platforms

ETX Capital being such a big force in the forex trading sector has employed the services of the most advanced trading platforms that help in the fast and precise execution of trades. These platforms are the etx trader pro and the etx mt4.

The Etx Trader Pro Platform

An advanced platform that gives traders a larger scope in serious trading. Among the features of this account include:

  1. Offers tight spreads.
  2. Multiple market access.
  3. The mobile format enables you to trade anywhere hassle-free.
  4. The pip calculator will calculate your pips for you.
  5. Easily customizable.
  6. User-friendly interface.

Etx Mt4 Platform

This is a platform that will give you access to the use of automated trading tools courtesy of it being an etx hosted version of the MetaTrader platform. Among the features of this account type include:

  1. Automated trading.
  2. Fast execution of trades.
  3. Access to advanced charting and drawing tools.
  4. Hedging is supported.
  5. Supports mobile trading through your mobile device.

Promotions

The following are the promotions currently being offered by ETX Capital:

  1. $20 bonus on account opening and successful verification and is available to new clients only.

Withdrawals And Deposits

Withdrawals and deposits are straightforward and most money transfer modes are acceptable. These channels include credit and debit cards bank transfers and various e-payment methods and they accept all currencies accepted at ETX Capital. Deposits are cost-free whereas withdrawals will attract a small fee but there are window chances of free withdrawals.

BRIEFLY ABOUT ETX Capital

Among the best traders that I have come across with a dedication to serving clients' needs to their fulfillment. They are really professional towards their operations as can be seen by the plenty of awards they have won and also on a peek on ETX Capital customer reviews and comments, where various clients outline their experience with the firm. A credible company suitable for anyone interested in forex trading

Trading accounts of ETX Capital

  • Standard
  • MT4 DEMO Sign Up
  • Trader Pro DEMO
  • Binary DEMO
Trading platforms: MetaTrader 4, ETX Trader Pro, ETX Binary
Minimum Deposit : 500 $
Deposit currency :
USD - US Dollar
EUR - Euro
JPY - Japanese Yen
GBP - British Pound
AUD - Australian Dollar
CHF - Swiss Franc
CAD - Canadian Dollar
SEK - Swedish Krona
HKD - Hong Kong Dollar
SGD - Singapore Dollar
PLN - Polish Zloty
CZK - Czech Koruna
Trading instruments:
Forex 1:200
Number of currency pairs: 53
  • AUD/CAD
  • AUD/CHF
  • AUD/JPY
  • AUD/NZD
  • AUD/USD
  • CAD/CHF
  • CAD/JPY
  • CHF/JPY
  • EUR/AUD
  • EUR/CAD
  • EUR/CHF
  • EUR/CZK
  • EUR/DKK
  • EUR/GBP
  • EUR/HUF
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/PLN
  • EUR/SEK
  • EUR/USD
  • EUR/ZAR
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/EUR
  • GBP/JPY
  • GBP/NOK
  • GBP/NZD
  • GBP/SEK
  • GBP/SGD
  • GBP/USD
  • GBP/ZAR
  • HKD/SGD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • SGD/JPY
  • USD/CAD
  • USD/CHF
  • USD/CZK
  • USD/DKK
  • USD/HKD
  • USD/HUF
  • USD/JPY
  • USD/NOK
  • USD/PLN
  • USD/RON
  • USD/RUB
  • USD/SEK
  • USD/SGD
  • USD/ZAR
CFD's 1:200
Metals 1:200
  • Gold
  • Silver
Energy sources 1:200
  • Oil
Binary Options
Stop Out:
20 %
Minimum position size:
0.01
Maximum position size:
100
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
5 decimal places
Margin Call:
100 %
Phone trading:
Yes
Trading platforms: MetaTrader 4
Minimum Deposit : 0 $
Trading instruments:
Forex 1:500
Number of currency pairs: 53
  • AUD/CAD
  • AUD/CHF
  • AUD/JPY
  • AUD/NZD
  • AUD/USD
  • CAD/CHF
  • CAD/JPY
  • CHF/JPY
  • EUR/AUD
  • EUR/CAD
  • EUR/CHF
  • EUR/CZK
  • EUR/DKK
  • EUR/GBP
  • EUR/HUF
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/PLN
  • EUR/SEK
  • EUR/USD
  • EUR/ZAR
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/EUR
  • GBP/JPY
  • GBP/NOK
  • GBP/NZD
  • GBP/SEK
  • GBP/SGD
  • GBP/USD
  • GBP/ZAR
  • HKD/SGD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • SGD/JPY
  • USD/CAD
  • USD/CHF
  • USD/CZK
  • USD/DKK
  • USD/HKD
  • USD/HUF
  • USD/JPY
  • USD/NOK
  • USD/PLN
  • USD/RON
  • USD/RUB
  • USD/SEK
  • USD/SGD
  • USD/ZAR
CFD's 1:500
Metals 1:500
  • Gold
  • Silver
Energy sources 1:500
  • Oil
Minimum position size:
0.01
Maximum position size:
100
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
4 decimal places
Phone trading:
No
Minimum Deposit : 0 $
Trading instruments:
Forex 1:500
Number of currency pairs: 53
  • AUD/CAD
  • AUD/CHF
  • AUD/JPY
  • AUD/NZD
  • AUD/USD
  • CAD/CHF
  • CAD/JPY
  • CHF/JPY
  • EUR/AUD
  • EUR/CAD
  • EUR/CHF
  • EUR/CZK
  • EUR/DKK
  • EUR/GBP
  • EUR/HUF
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/PLN
  • EUR/SEK
  • EUR/USD
  • EUR/ZAR
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/EUR
  • GBP/JPY
  • GBP/NOK
  • GBP/NZD
  • GBP/SEK
  • GBP/SGD
  • GBP/USD
  • GBP/ZAR
  • HKD/SGD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • SGD/JPY
  • USD/CAD
  • USD/CHF
  • USD/CZK
  • USD/DKK
  • USD/HKD
  • USD/HUF
  • USD/JPY
  • USD/NOK
  • USD/PLN
  • USD/RON
  • USD/RUB
  • USD/SEK
  • USD/SGD
  • USD/ZAR
CFD's 1:500
Metals 1:500
  • Gold
  • Silver
Energy sources 1:500
  • Oil
Minimum position size:
0.01
Maximum position size:
100
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
5 decimal places
Phone trading:
No
Trading platforms: ETX Binary
Minimum Deposit : 0 $
Trading instruments:
Binary Options
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
4 decimal places
Phone trading:
No

Contacts of ETX Capital

Headquarters
United Kingdom , London One Broadgate, EC2M 2Q​S
show on the map
+44 (0) 20 7392 1400 Headquarters telephone

Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.
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