ETXCAPITAL Review (-Out of Business-)
ETXCAPITAL SUMMARY
■ Foundation: ETXCAPITAL was founded in 2002
■ Headquarters: ETXCAPITAL maintains its headquarters in the United Kingdom
■ US Residents: ETXCAPITAL does not accept US traders –No-
■ Islamic Accounts: ETXCAPITAL provides Islamic Accounts (SWAP-Free) –Yes-
■ Regulated: ETXCAPITAL is regulated by FCA UK (124721)
■ Account Segregation: Accounts of non-professional clients covered and segregated (maximum €50,000) -Yes-
■ Web-Site Languages: ETXCAPITAL website supports English, Italian, Spanish, German, French, Danish, Greek, Polish, Chinese, Czech, Hungarian, Norwegian
ETXCAPITAL TRADING INFO SUMMARY
■ Broker Type: CFDs and Spread Betting
■ Platforms: MetaTrader4, ETX Trader Pro, Mobile Trader
■ Trading Time Zone: GMT+2
■ Demo Account: ETXCAPITAL is offering a Demo Account –Yes-
■ Typical Spread EUR/USD: 1.4 pips
■ Leverage: Leverage at ETXCAPITAL is up to 1:30
■ Scalping /Hedging: allowed at ETXCAPITAL –Yes-
■ Minimum Account: $100
💱 ETX CAPITAL ASSET INDEX
□ ETX Capital offers many forex pairs, stock indices, and a few commodities, including gold, silver, platinum, Brent crude, and NYMEX crude.
TRADING PLATFORM & MOBILE
ETXCAPITAL TRADING PLATFORMS & MOBILE ■ ETXCAPITAL is offering MetaTrader-4, ETX TraderPro ■ Automated Trading and Hedging are allowed at ETXCAPITAL. ■ Demo account is available at ETXCAPITAL ■ Mobile Trading: ETXCAPITAL offers an app for iPhone, iPad, and Android devices ■ Trading server: GMT+2
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NEW ACCOUNT INFORMATION
■ The minimum initial deposit required for opening an account on ETXCAPITAL is 100 USD.
■ Account Currencies: EUR, USD, GBP
■ Multiple Trading Orders: Including OCO, GTC, GFD
ETXCAPITAL FUND METHODS
ETXCAPITAL Fund Methods:
■ Credit / Debit Cards | ■ Bank Wire | ■ MoneyBookers Skrill
CONTACT INFORMATION
One Broadgate, London, UK, EC2M 2QS Telephone: 0800 138 4582
🏁 ETXCAPITAL Review Conclusions:
ETX Capital is a London-based broker founded in 2002. It is licensed and regulated by the UK’s FCA, and all non-professional accounts are segregated and protected up to £50,000. ETX Capital is owned by Monecor Limited, established in 1965, and is a member of the London Stock Exchange. Originally, ETX Capital operated as part of Tradition Bank under the name TradIndex.
ETX Capital offers CFD trading and spread betting on a wide range of assets, including over 65 forex pairs, shares, indices, and commodities. The available platforms are MT4, WebTrader, Binary Trader, and a mobile app for iOS and Android. Automated trading, scalping, and hedging are permitted. Clients on MT4 also receive Autochartist software and a free newswire service. Leverage is up to 30:1, and trading conditions are competitive, with the typical EUR/USD spread at 1.4 pips.
Customer support is available 24/6 via email and phone (no live chat). Services include a personal account executive and CFD telephone trading. Support is multilingual, covering English, Chinese, French, German, Italian, Spanish, and other languages. ETX Capital places strong emphasis on free education, offering seminars, webinars, and advanced training courses.
The minimum deposit to open an account is $100, and accounts can be held in EUR, GBP, or USD. Funding options are limited to cards, wire transfers, and Skrill. At the time of this review, ETX Capital offers a 25% deposit bonus for new clients, up to £/$/€3,750. Overall, ETX Capital provides competitive CFD and spread betting services with strong client fund protection.
- Not Good for scalping and day-trading
⚖️ ETXCAPITAL REVIEW PROS & CONS (According to competition)
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ETXCAPITAL REVIEW CONCLUSIONS |
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ETXCAPITAL PROS |
ETXCAPITAL CONS |
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√ Great Variety of Forex Assets plus Stocks, Indices, and Commodities √ Trade Dow, S&P 500, Dax, and other Indices in MT4 √ Regulation by the FCA UK & Segregated Client Accounts (up to 50,000 GBP) √ Hedging plus Autochartist Software √ Educational Material and Webinars √ Flexible Orders (including OCO, GTC, GFD) √ CFD Telephone Trading Service √ Welcome Bonus up to £$€3,750.00 |
X No Live Chat X The wide minimum stop-loss distance makes Forex scalping very difficult
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■ ETXCAPITAL Review
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