ETX Capital

Forex broker
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$
Min. Deposit
Trading platform
Regulation FCA
Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller, Chine UnionPay
Seminars and training
Daily analyst
Low initial deposit
Telephone trading
Segregated accounts
Affiliate program
Wide selection of trading instruments
Advantages
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Disadvantages
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ETX Capital is a brokerage company founded in 1965 in the United Kingdom that provides Forex and CFD trading services. Until recently, ETX Capital served only institutional clients from the UK, but in recent years the broker has expanded its presence in Europe, Asia and Russia.

Among the advantages of the ETX Capital broker are excellent customer service, narrow spreads, a large selection of trading instruments (more than 5000), its own trading platform ETX Trader Pro and the popular MetaTrader 4.

ETX Capital regulation

Founded in 1965, Monecor London Limited (ETX Capital), was approved by the FCA in 1995 and has been operating in the UK for more than five decades. The broker is also a member of the London stock exchange (LSE).

All customer funds are held separately from the company's funds and are protected by the FSCS compensation Fund for up to £ 85,000 in the event of the company's bankruptcy.

Leverage

Recently, ESMA requirements have tightened the use of leverage for European traders to 1: 30 for major Forex currency pairs. International traders can use up to 1:200 leverage.

ETX Capital trading accounts

ETX Capital offers two types of accounts depending on the choice of trading platform:

  1. ETX Trader Pro. This is a proprietary platform developed by the company with access to more than 5,000 assets.
  2. ETX MT4. This is a popular trading platform that allows you to trade using automated expert advisors.

Trading instrument

ETX Capital's offer includes more than 5,000 trading instruments, this includes Forex currency pairs, cryptocurrencies, metals and commodities, CFDs on stocks and indices. However, this offer is only valid for the Trader Pro platform. If you want to trade on MT4, no more than 200 assets will be available to you.

Minimum deposit

To start trading with the ETX Capital broker, you need to top up a Deposit of at least $ 100. MT4 accounts can be opened in pounds sterling, US dollars, or euros. Trader Pro accounts can be opened in all major currencies.

Conclusions

Traders choose ETX Capital because of its reputation built up over 50 years in the market and FCA regulation. One of the unique features of the ETX Capital offer is telephone trading, which allows traders to make trades over the phone at no additional cost. The broker also became the best in its class in the customer service category in 2020.

The proprietary trading platform ETX Trader Pro offers a flexible interface that allows traders to easily trade almost 5,000 tradable assets. In addition, traders can use the popular MT4, but the offer will be limited to 200 trading instruments.

We will be happy to hear your opinion about this brokerage company, you can also read the reviews of ETX Capital and see our rating of Forex brokers.

  • The year of Foundation 1965
  • Head office address 26 Finsbury Square, London EC2A 1DS, UK
  • Maximum leverage
  • Min. Deposit $
  • Regulation FCA
  • Trading platform
  • Payment system to enter Bank Transfers, Debit/Credit Cards , Skrill, Neleller, Chine UnionPay
  • Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller, Chine UnionPay
  • Number of trading instruments 60
  • The number of CFD instruments 5000
  • The number of futures 20
  • The number of metals 9
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