On-line since: About the company: ETX Capital provides Forex, CFD, and binary options trading, as well as a special type of forecasts - spread bets, which are tax-free in Great Britain. The diversified portfolio includes indices, commodities, stocks, and currency pairs. Company history ETX Capital has a long history. The company was founded in 1965 and specialized in mortgage bonds. In 2002, the company opened a division of retail derivatives called TradIndex, which was later renamed ETX Capital. Security of funds ETX Capital is the trade name of London-based Monecor Limited licensed and regulated by the Financial Conduct Authority (FCA). In addition, it is a London Stock Exchange member firm as well. The UK regulation is known throughout the world for its strict rules and standards. Brokers must meet numerous requirements, for example, to keep customer funds in bank accounts separately from the company's own funds. Moreover, companies regulated by the FCA must prove their financial stability and have a minimum of 730,000 euros to operate legally. Moreover, the broker provides customers with an additional protection of their funds, that is, clients of the FCA-regulated companies are entitled to participate in the Financial Services Compensation Scheme (FSCS). In the event that a regulated company becomes insolvent, traders may apply for compensation of up to GBP 50,000. Trading conditions ETX Capital offers two account types: ETX TraderPro and ETX MT4 in accordance with the proposed platforms. Minimum deposit ETX Capital has set a deposit of GBP 100 or an equivalent in another currency. This initial amount of capital is considered average. For comparison, other British forex brokers require a minimum initial deposit of USD 500. However, our ranking includes only those brokers whose deposit starts from USD 1. Spreads and commissions ETX Capital offers variable spreads depending on instruments and does not charge a fee. As for Forex, the minimum spreads start at 0.7 pip and average 1.2 pip for the EUR/USD pair. Leverage This broker provides customers with different leverage levels, depending on the type of transaction and trading instruments. Mostly, the maximum leverage for CFDs is 1:133, while that for currency pairs is up to 1: 200 (1: 400 for instruments on the MT4 platform). The maximum leverage levels of 1:200 and 1:400 are standard for the forex market. Trading platforms ETX Capital provides a choice of two trading platforms: TraderPro and ETX MT4. ETX TraderPro is geared to experienced traders and allows them to select from several charting formats. As for MT4, this platform is the choice of most traders around the world, because it allows customers to fully automate their transactions. In addition, MT4 offers a variety of technical indicators, extensive back testing, and an enhanced package of charts. The platform allows traders to hedge (open two opposite orders for one trading instrument). In addition, this broker has developed a specialized platform for trading binary options named ETX Binary, which allows clients to trade with a wide range of expiration time — from one minute to a month. All trading platforms offered by ETX Capital are also available on iPhone, iPad, and Android devices. Additional services ETX Capital cooperates with 200ForexCashBack, which promises compensation to every trader who will open an account in ETX Capital in the amount of at least USD 200. Education There is a separate Training section on the ETX Capital website:
Support service The website has a frequently asked questions section. It is divided into eight subsections, which greatly simplifies the work of traders. If the answer was not found, you can contact the support service by phone or e-mail. Surprisingly, this broker does not offer online chat. Payment methods The broker allows clients to deposit their accounts and withdraw money through bank wire transfer, online transfer, and credit/debit cards. ETX Capital does not charge any commissions, except for withdrawing funds of up to GBP 100 or an equivalent currency. Feedback from traders Despite the long-standing experience of the company, traders are kind of vague about this broker. In the CIS countries, almost no one works with ETX Capital, so it is difficult to find reviews in Russian. As for other countries, the situation is not a lot better. A lot of comments record negative views regarding traders' experience in the company. They say that ETX Capital executes orders at odd prices. Some complain that an account balance zeroes out automatically. Besides, clients are dissatisfied with the way the technical service carries out its work. In addition to all that, they complain about the collaboration with 200ForexCashBack. Many traders claim that they have not received any cashback. Advantages:
Disadvantages:
1/10
(votes 3025)
添加评论
对其他经纪人感兴趣?
7
0
I say, ETX is an average Platform and their service is not good. I found a high spread and fake spick in price, also their withdrawal service takes too much time too. So I can not trade with them. I tried to move to another broker.
I'm really satisfied with ETX's services and I find their company reliable and very helpful. Lots of useful information the site provides makes it easier to learn how to trade. I have a personal account manager who is available. When I lost internet connection I called him up and he helped to close my position over the phone. The execution speed and spreads are one of the best on the market. It has proven by the income I have earned during trading with ETX Capital. Trusted.
ETX Capital not a good broker to make money, because they always go against to their clients. The worst thing about them is that they do not advise you much, but when they do is a disaster because information you provided is outdated and in the end only looks confusing and always try to convince you to change your strategy, but if you ignore the most cases end up losing margin,
My trading experience at ETX Capital is pleasant. I have been with them for a year now and I have always received excellent services. The platform is stable, the fees are low, and the tools are useful.
I was able to make profit a after couple of days. The Servers operate decently. I've withdraw almost 4 times now and every time got my money within 4-6 hours. Their customer service is also very helpful. So far I never encountered any technical issue and trading account problems since I started to trade with them. The platform is fast enough that I could open order in the desired position without any spillage. Also, they are provided with the best signals or analytical review so far.
I have lost my $200 investment with the ETX broker due to the slippage issue, as their platform's execution is slow and my EA didn't work in the platform. Overall I can't deal, as most fo the time platform hung. Besides their payment service via Skrill has been stoped. So I am fed up with the ETX broker.
I started trading with only a hundred dollars. It took me months before I fully grasped the system in Forex trading. ETX Capital helped me a lot in this phase as they did not only provide an excellent trading platform, they also provided a lot of materials and webinars which I used to improve. Now, I can say that I am doing really well in my trades.
Show more
添加评论
|
Brokers Reviews
推荐外汇经纪商
Forex charts and quotes
|
ETX Capital 评论