ETX Capital Review and Information 2023

	ETX Capital
Voting Rating	ETX Capital does not participate in the Forex Rating Submit Forex Broker
Reviews Rating
Regulation	FCA, CySEC
Trading software	TraderPro, MetaTrader4
Headquartered	ETX Capital Floor 6, 26 Finsbury Square, London

ETX Capital was founded in 1965 initially specialising in mortgage bonds before expanding out into stocks and derivatives and now has 50 years experience in the financial markets. The company has grown into a solid and major provider of online currency trading services and other financial and investment products. Forex broker ETX Capital is registered in the United Kingdom and regulated by the Financial Conduct Authority under the license number 124721. The ETX Capital is headquartered in London. The registered name of the brand is Monecor (London) Limited. All in all ETX Capital provides its customers with access to over five thousand financial markets.

ETX Capital is firstly remarkable for its low tight spreads starting from as low as 0.6 for the main currency pair eur/usd. The spreads for the other currency crosses are also quite competitive in the industry to attract traders of all levels of experience. The trading platforms provided by ETX Capital are TraderPro and MetaTrader4.

The trading software offered by ETX Capital is equipped with all the necessary functionality, including market news, economic calendar, financial review and all the other financial info essential for making deliberate and weighed trading decisions. Both the platforms are available for mobile usage in IOS and Android. ETX Capital allows the usage of various trading strategies including algorithmic trading. ETX Capital pays attention to the security of the customers’ funds and keeps them on the segregated bank accounts which are rebalanced at the end of each trading day.

Headquartered in London, the company is regulated by the FCA (UK Financial Conduct Authority). The broker is aimed at cooperation with traders from EU countries. ETX Capital provides a wide range of trading tools, narrow spreads and quality training materials. In 2018, ETX Capital’s own development TraderPro was recognized as the best trading platform according to the UK Forex Awards and Online Personal Wealth Awards.

There is some good news for the traders of the London-based broker ETX Capital. The broker has announced the launch of zero commission stock trading across their top-traded stock CFDs. The company has said that the likes of Tesla, Apple, Amazon, and even UK shares like Barclays are included, calling these their most-popular markets amid their client pool.

The CMO of the company, Nandik Barbhaiya, has commented: “We continue to see the demand for stocks increasing, but there are often so many barriers to new traders looking to try these. ETX wanted to give more people a simpler way to buy and sell these bigger stocks with no minimum charge or commissions.”

Besides these major brand names, ETX offers thousands more stock CFDs across US and European exchanges.

ETX Capital Trading Information 2023

WWW	http://www.etxcapital.com/
Address	ETX Capital Floor 6, 26 Finsbury Square, London
Headquarters	ETX Capital Floor 6, 26 Finsbury Square, London
Free phone	+44 (0) 20 7392 1400
24 hour support
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Sponsorship contests, competitions
Mobile trading
Automated trading
Daily analysis
Demo account
24/5 trading
Commissions
Digits after the dot in quotes	5
Minimum position size	0.01
Spread Type	variable
Pip spread on majors	0.7
Maximum Leverage	200
STP, $
ECN, $
Standard account, $	100
Mini account, $	100
Popular payment methods	bank transfer, credit cards
Account currencies	EUR, USD
Available assets	CFD for shares, futures, options, precious metals, oil
Languages	English
Platforms	TraderPro, MetaTrader4
Broker type	Broker
Regulation	FCA, CySEC
Foundation	1965

ETX Capital Reviews and Comments

The first time I deposited 500 bucks into my account, having read advertisements on how to raise money playing forex. First I went to plus $ 300, having spent a lot of time, nerves, eyesight and my life time. I decided to raise the trading leverage in order to somehow increase profits - as a result, I lost everything in just a couple of days. Then he spat on everything and vowed not to play forex anymore. A year later, after seeing how bitcoin is growing, I decided to try again. I invested $ 1000 and everything repeated exactly the same as a year ago. I went first to plus $500, and then lost everything sharply. The result, of course, you can play - but for playing forex you need a certain warehouse of character and endurance. You need to spend a lot of time and effort, studying the tools and theory (although the theory is not very helpful, since the market can behave quite differently from the theory). In the end, he gave up again. As a result, $ 1500 was spent, a lot of time, effort, nerves, mood. Earn on Forex in the long term - the chances tend to 0. In the short term, there is an opportunity to double your capital - but will you stop after doubling it? In short, I decided to live and enjoy life, and not waste my precious years and nerves on roulette.
Radj 3 Apr 2022 Reply

I wanted to become a trader on the ETX Capital site. Yes, I'm new in some way. But it's smart enough to first look at financial and other guarantees, and real ones, and only then at everything that they beautifully offer. And what do I see? The only way ETX Capital can guarantee its obligations is a CySEC license. There are some other guarantors-regulators, but this one is posted on the main page and is indicated in the benefits. Okay, Iwent to the CySEC website. There are no complaints about ETX, at least in public access. But what about the hundreds of negative reviews, implying the filing of claims, on different sites? I do not trust all these offices that consider each other reliable and create the appearance of decency.
Marat 21 Jun 2020 Reply

Hey, Lucas. I’ve read your review on ETX. Very surprising! I hope my comment will reach you out finally. At this point, you no need to have immediate support to maintain your margin or open positions. It's all done automatically according standards and technological progress. I have several accounts in ETX and never had a case when rules and regalements were violated. ETX is a well known brand in FX industry. I really do not have concerns regarding execution to contact support but I always get response when needed most.
Max Popov 20 Feb 2017 Reply

I don't think that company worth my attention or comment. All services provided by ETX Capital don't match actual quality and cannot be used in brokerage industry.  Can you imagine if such companies like Morgan Stanley or Charles Schwab give you no immediate support when you need to maintain your margin requirements? My positions were closed by margin call and I wasn't able to add funds because there were some technical issues on broker's servers. I can't believe that, however, this is reality.
Lucas Terero 30 Aug 2016 Reply

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I do have trading experience in forex market since 2009 and I've been trading with many brokers, but this is the best broker I ever had. There is no waiting time after I click to make a trade and execution. No dealing desk quotes which are far away from real market prices. Can't notice any price manipulations and rejections of execution. Withdrawal funds to my bank account has been processed for two business days. I didn't use other forms of deposit but there are plenty of them. My experience with this broker for already 7 months and I can't find a reason why I should search for another one. Personally, never had any problems with execution, and I hope it will never be in the future.
Destination Z 6 Jul 2016 Reply

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