|Type of Broker||Market Maker|
|Islamic Account (Swap Free)|
|Deposit Options||Bank Wire Transfer , China UnionPay , Credit Card , Credit Card deposit by phone , Debit Card , Deposit by Phone , Giropay , Neteller , Skrill , Sofort|
|Withdrawal Options||Bank Wire Transfer , China UnionPay , Credit Card , Debit Card , Giropay , Neteller , Skrill , Sofort|
Bonus & Rewards
|No Deposit Bonus|
|Bonus for First Deposit|
|Is the Bonus Based on the Volume of the Transaction?|
|Platform Type||MT4, Web Trader, Marketspulse|
|Platform Languages||English, Italian, Spanish, German, French, Danish, Greek, Turkish, Dutch, Polish, Chinese, Czech, Hungarian, Norwegian|
|OS Compatibility||Mac OS , iOS , Windows , Android|
|Streaming News Feed|
|Trade From Charts|
|Guaranteed Stop Loss|
|Guaranteed Limit Orders|
|Interest on Margin|
|Customer Support Languages||English, Italian, Spanish, German, French, Danish, Greek, Turkish, Dutch, Polish, Chinese, Czech, Hungarian, Norwegian|
|Customer Service Hours||7:00 AM – 9:00 PM|
|Place Trades Over the Phone?|
ETX Capital - Review
Established in 2002, ETX Capital is a leading online forex and CFDs broker that is based in the UK. Their office is located at One Broadgate, EC2M 2QS, London. Regulated by the Financial Conduct Authority (FCA) and a member of the London Stock Exchange, ETX Capital is well regarded by traders as a reputable and professional broker.
Having acquired the now defunct Alpari UK’s client base in March 2015, ETX Capital took extra initiative to set up a dedicated help line in order to help former Alpari clients to migrate their trading accounts as smoothly as possible.
In addition, proactive steps were also taken by ETX Capital to make the trading environment similar to that of Alpari’s with the installation of similar MT4 Servers.
3 types of trading platform are offered by ETX Capital to their clients. They include ETX Trader Pro, ETX MT4 and ETX Binary.
- ETX Trader Pro
Designed for experienced traders, the ETX Trader Pro trading platform comes with a wide array of features as well as enhanced access to the financial markets. One example of the ETX Trader Pro advanced features is the comprehensive integrated charting package. The charting tool enables traders to choose from a selection of chart formats as well as display them in different time frames. The platform also enables traders to trade directly from the charts with just a single click of the mouse.
- ETX MT4
The most widely used trading platform in the online trading world, the ETX MT4 is suitable for traders who want to automate their trading activities with the use of Expert Advisors (EAs). The ETX MT4 platform apart from having a wide range of built-in indicators and comprehensive charting ability also comes with free trading courses and iron-clad security.
- ETX Binary
The newest addition to ETX Capital’s stable of trading platforms, the ETX Binary trading platform allows traders to foray into the world of binary trading. Traders can choose from a wide range of available financial instruments which include currencies, commodities, market indices and stocks.
All of ETX Capital trading platforms are supported on mobile devices such as iPhone or Android smartphones.
ETX Capital has only one type of standard trading account. Traders only need to make a minimum deposit of $100 to open a live account. A demo account is also available for those who want to try out ETX Capital platforms first before they start committing real funds.
Commission & Spreads
The spreads at ETX Capital are competitive and start from a minimum of 0.7 pips for frequently traded pairs such as the EUR/USD. For CFDs, the spreads start from a minimum of 0.5 points. For equity trading, the minimum spreads starts from 0.08%. And for commodities, the spreads start from as low as 0.025 point. And for indices, the minimum spreads are as low as 1 pip.
Customer support services at ETX Capital are available between 7.30 to 9.00pm (UK Time) from Monday to Friday. Traders can contact the support team either by phone or by email. Apart from a free phone, ETX Capital also provide an international number for non UK traders.
- Competitive Spreads
- Industry Leading Platforms
- Mobile Trading Supported
- Regulated Broker
- Wide Range of Markets
- Live Chat not Available
- No Choices of Trading Accounts
- No localized telephone support numbers for international clients
- Website Layout Confusing
Operational for more than a decade, ETX Capital is certainly a broker that extrudes integrity and reliability. In many instances, they go all out to ensure that traders receive the highest level of service. Their good record and numerous awards won are all testimonies to the hard standard that this broker has managed to maintain throughout its long history.