- Minimum deposit £200
- Payout 100%
- Demo account
- ETX no longer offers binary options, they still offer forex and CFD trading.
| broker | ETX Capital |
| head office | london united kingdom |
| support type | Email, phone, web form |
| language | Arabic, Chinese, Czech, Dutch, French, German, Hungarian, Italian, Polish, Portuguese, Romanian, Russian, Spanish and Turkish. |
| trading platform | own |
| 1st minimum deposit | £ / $ / € 200 |
| Minimum account size | £ / $ / € 200 |
| minimum trade amount | Minimum bet size 50p (subject to margin requirement) |
| bonus | Deposit match from 20% to 50% according to deposit size up to bonus up to £5000. |
| controller | Financial Conduct Authority, United Kingdom |
| deposit method | Department of credit cards and money transfers |
| trading method | Spot Forex, CFDS,Classic binary options, 60 seconds, long options, double pairs and spread bets. |
| amount of assets | N / A |
| asset type | Currencies, Commodities, Stock Indices |
| tablet trading | ✔ |
| mobile trading | ✔ |
| total score | 92/100 |
ETX Capital, formerly known as TradIndex, is a state-of-the-art online trading service provider owned and managed by Monecor Ltd. in London, England. ETX Capital is regulated by the Financial Conduct Authority (FCA) under registration number 124721, operating since 1997. 2002 , ETX Capital is no newcomer to the online trading industry, in fact its parent company Monecor Ltd has been around since 2002. Established in 1965, with a single trading account, ETX Capital traders can trade with four different types of trading platforms. While ETX Capital does not offer their traders the benefit of social trading. But they still have a lot to offer.
Trading platform and features
Unlike most other brokers, a key advantage of ETX Capital is the ability for traders to access 4 types of trading platforms with just one trading account. ETXBinary platform spread bets with ETX Trader and check exchange rates with TraderPro For more sophisticated traders, ETX Capital also offers the benefits of the popular MetaTrader4 platform. The MT4 platform allows traders to customize their trading activities with expert advisors (EAs), leaving them more free time to analyze the market
In addition, all of the above platforms are mobile supported. ETX Capital gives their traders access to their trading accounts from anywhere in the world with their smartphones or mobile devices by simply downloading the free trading app from Goole Play or Apple Store
market coverage
ETX Capital’s traders have access to more than 6,000 different types of financial assets with their trading platform. For Forex, the available leverage is now only 1:30 due to ESMA restrictions.
trading account
ETX Capital only offers one standard type of trading account for their traders. Opening a live trading account is an easy process with just a few clicks of the mouse. To make things even easier, ETX Capital requires a minimum deposit of just £/$/€200 depending on the currency selected for the trading account. There is also a demo account in case traders want to test the trading platform before they spend real money.
customer support
The standard of customer support at ETX Capital is to be commended. While the support service is not available 24/7, it is available in several languages including Arabic, Chinese, Czech, Dutch, French, German, Hungarian, Italian, Polish, Portuguese, Romanian, Russian and Spanish. The only drawback of the support service is the lack of live chat. All requests for assistance must be submitted via email or through a universal international toll-free number (UIFN).
Spreads, Payouts & Bonuses
For paid spreads, traders can choose between fixed (ETXTrader) and variable spreads (ETXCapital & ETX MT4). The lowest spreads start at 0.7 pips on the popular EUR/USD pair. As for the bonuses, they are as high as 60% However, to be eligible for the bonus, traders must deposit a minimum of £/$/€1000.
Conclusion
While this broker may not be the biggest one, they still have a lot to offer traders in terms of quality service. In addition to being able to trade with a wide range of trading platforms, traders at ETX Capital enjoy exceptionally tight spreads as well as customer support.