- The trading platforms execute trades with great precision
- Knowledgeable and friendly customer support representatives
- Competitive spreads
- Regulated broker
- Support for mobile trading
- The broker covers a wide range of markets
- ETX Capital offers industry-leading trading platforms
- Transparent broker
- MT4 available
- Limited customer support communication channels.
- The broker offers a restricted range of trading accounts.
- Complicated website layout.
- No localized telephone support.
ETX Capital is a leading online forex and CFDs broker established in 2002. The company is based in London. ETX Capital is the forex, CFD and binary options brand that belongs to Monecor Limited, an organization that was established as far back as 1965. ETX Capital is a member of the London Stock Exchange. In addition to this, it is licensed and authorized by UK’s Financial Conduct Authority (FCA) under financial services registration number 124721. This has helped earn the firm a reputation as one of the reliable and professional companies around today.
The company’s professionalism came to the fore when they strategized and successfully migrated all of Alpari UK’s client base when they acquired the company in 2015. ETX Capital allows its clients to trade in three ways. These include spread betting, forex, and CFD and binary options. Furthermore, ETX Capital offers a demo account that traders can use to practice and familiarize themselves with the trading platform. The company also offers its clients educational tools and resources, as well as a FAQ page.
ETX Capital offers its clients easy-to-use trading platforms that allow them to identify and respond to market opportunities in a fast and secure manner.
In ETX MT4, ETX Capital grants its clients access to arguably the world’s most widely used retail trading platform. The program packs plenty of features and provides improved access to the global markets. ETX MT4 is intended for clients who prefer to automate their trading activities using expert advisors (EAs). Also, the platform has a wide array of trading indicators and an extensive charting feature that has been equipped with ironclad security as well as several trading courses.
The ETX Trader Pro is designed for traders who are looking for an enhanced level of customization that allows them to tailor the platform to their trading needs. Traders can open up an asset’s chart and then trade on it straight up, which enables them to save time when executing orders. Also, the available pip calculator tool allows you to work out the value pip of your buy and sell decisions, while the drag and drop feature lets you position your trading deal tickets however you like on your trading screen. The program offers a wide variety of charts, access to multiple markets, tight spreads, and a whole lot more.
The ETX Binary platform allows traders to participate in the markets by trading binary options. Traders can choose between options of 60 seconds and 24 hours. The platform is highly interactive, as it helps make trading fun and offers an immersive trading experience. Whenever you open trade, the position of the opened trade is shown on the graph. This allows you to monitor trade movements without any troubles. Also, there is a timer that reveals the amount of time left for your trade to expire. In the same vein, the open position chart shows the type of option that is being traded, its current status, as well as the amount receivable if the trade closes out in good time.
Mobile Trading Platform
If you need something to take with you wherever you go, ETX Capital offers just that. The company provides traders with a mobile format of its trading platform (TraderPro). The program comes with all of the features provided on the desktop version. On top of that, it offers the advantage of allowing you to move around as freely as you would like. Clients can download the mobile app for Android and iOS devices from the various marketplaces.
Traders on the ETX Capital network can trade several assets in the financial markets. These assets are grouped under the following asset classes:
ETX Capital has friendly customer support staff who know their onions. Traders can contact ETX Capital customer support team through many communication channels including:
- Email. ETX Capital clients can contact customer support representatives through email at [email protected]
- Phone. Customers who have questions, complaints, or technical problems can contact ETX Capital customer support representatives by phone on +44 0 20 7392 1400 (international), 0800 138 4582 (freephone UK).
- Fax. ETX Capital can fax the company’s customer care representatives on +44 0 20 7392 1414.
Security and Fairness
ETX Capital is licensed and regulated by the Financial Conduct Authority (FCA). The FCA is one of the strictest regulatory agencies in the financial industry and is known for its numerous requirements. One of such guidelines for good practice in the global financial markets is that companies under it keep clients’ funds in a client money account separate from the organization’s own money. Also, the firm is part of a compensation scheme which is designed to cover individual clients if the broker goes into liquidation and there is a deficiency in the client money bank account. The Financial Services Compensation Scheme (FSCS) is the body that covers this scheme. Traders whose brokers are contributors to the scheme are entitled to a maximum compensation of £50,000 in the unlikely event of company liquidation.
ETX Capital is a reliable and transparent CFDs and forex brokerage firm. They are regulated by one of the most popular and strictest regulatory authorities in the financial industry. Considering the fact that the company has been in operation for over a decade, there’s enough reason to suggest that they are doing right by their clients. It takes offering the highest level of service to be in business for as long as ETX Capital has been. Also, client reviews online show that this broker has maintained consistency in good service delivery throughout its long history.