ETX Capital – British brokerage firm that was founded in 2002. The priority of ETX Capital is to provide broker services on FX market. In 2013 company added binary options to its instruments.
ETX Capital is one of the largest world Forex brokers nowadays. Its clients can use 161 trading instruments.
Company’s headquarters is in Great Britain (London). ETX Capital has official representations in many countries around the globe.
More than 400 000 traders use ETX Capital brokerage services. Company provides its services not only to independent traders but also to institutional traders, investors, and leading investment funds.
Money Deposit and Withdrawal
ETX Capital clients can deposit and withdraw money using following financial instruments:
- Wire transfer;
- Credit/debit cards;
- online payment systems – Paypal, Skrill, China Union Pay, Neteller.
Withdrawal is only performed using the same method as initial depositing.
Money transfer to e-wallets is performed within 1 business day (in fact – 6-12 hours). Money withdrawal to the banking account or credit/debit card is performed within 1-2 business days.
ETX Capital broker is highly regulated. Company has licenses of financial markets regulation authorities from all EU countries. Besides, its financial activities are regulated by:
- FSA Japan. Financial Services Agency of Japan;
- FINMA. Swiss Financial Market Supervisory Authority;
- British Financial Services Authority (FSA).
Company also works under conditions of The Markets in Financial Instruments Directive (MIFID).
ETX Capital is on top of the list of Forex brokers, if we talk about the quantity of regulations. But it’s reputation is based on another fact.
Company is reliable and liquid due to cooperation with the best market makers and other liquidity providers. ETX Capital is actively participating in partnership programs with the best world banks and big insurance companies. It allows to create the most comfortable trading conditions and provide modern and safe trading conditions and instruments.
Bonuses and Special Offers
ETX Capital provides a bonus for the first depositing into real account. Maximum bonus can be 50% of initial deposit. You can withdraw bonus money only after the trade turnover conditions are met (after 50% increase in volume).
Trading Account Types
ETX Capital provides only one trading account type.
- Minimum deposit – 0;
- Minimum trading size – 0,01 lot;
- Floating spread – 0,5-2 pips;
- Leverage – from 1:1 to 200:1;
- Scalping, hedging and automated trading are forbidden;
- You can open 14-day demo account.
You can use following currencies to open a live account:
- United States dollar (USD);
- Euro (EUR);
- British pound sterling (GBP);
- Australian dollar (AUD);
- Canadian dollar (CAD);
- Swiss franc (CHF);
- Japanese yen (JPY);
- The New Zealand dollar (NZD).
ETX Capital offers following trading platforms:
- MT4. The most popular among traders;
- ETX Trader. User-oriented platform: low fixed spreads and limited risk;
- Etx Trader Pro. Platform with widened functionality, for professional traders and investors;
- ETX Binaries; fast-moving trading platform for binary options.
Technical support service works 24/5. It is multilingual. You can use one of 12 languages:
You can use next channels to communicate with technical support service experts:
- Multichannel phone in every country where company is represented. Callback;
- Interactive website forum on company’s official website.
Training programs, developed by ETX Capital’s experts and represented on official website, are very interesting for traders especially beginners. Company developed its programs on the basis of trading experience, that’s why there are clear and close to real trading conditions.
Mid-level traders and even professionals can find plenty of useful information in company’s website. There are also many books on technical and fundamental analysis.
Pros of Trading with ETX Capital
The main ETX Capital pros are:
- Wide range of trading instruments;
- Narrow spreads;
- Strict trading orders execution;
- Convenient trading platforms;
- Multi-lingual technical support.
In other words, company provides comfortable trading environment. The main company’s advantage is that it is aspired to create such environment.
Bureaucratic procedures. To sign agreement you have to wait 1-2 months.
ETX Capital Reviews
Brobrofx: Reliable and responsible broker. All procedures are strict and are followed by traders. Orders are executed precisely. During 2-year work I can remember only few requotes. Withdrawal is performed precisely and in-time. My review of ETX Capital is positive in general.
Corsti Peter: Good broker. It is not very convenient to trade with binary options. Instead of well-tested trade methods ETX Capital tries to invent something new. But in general broker is very good. Low spreads, precise orders execution and money withdrawal.
For International Bureau of Weights and Measures, ETX Capital could have been the standard of comparison – well, if this institution needed an etalon broker.
Company tries to follow the highest world’s standards in all areas, and almost always it is successful. Detailed selection of partners provides a high level of assets security.
If there is perfect trading environment – it exists at ETX Capital. Regulatory and security problems are solved with its special style and on the highest possible level.