What is ETX Capital?
ETX Capital is a London-based financial trading company that offers spread betting, Contracts for Difference (CFDs), and Forex trading to retail and institutional investors. The company was founded in 2002, and is authorised and regulated by the Financial Conduct Authority (FCA).
ETX Capital’s product range includes more than 5,000 different markets, including forex pairs, stocks, indices, commodities and cryptocurrencies. The company offers its clients tight spreads from 0.6 pips on major forex pairs, leverage of up to 400:1, and access to a suite of powerful trading platforms.
ETX Capital is committed to providing a safe and fair trading environment for all its clients. The company segregates client funds from its own operational funds, and all client money is held in tier-1 banks. ETX Capital is also a member of the Financial Services Compensation Scheme (FSCS), which protects UK investors against losses incurred through the default of authorised financial services firms.
The Different Types of Accounts Offered by ETX Capital
There are a number of different types of account available from ETX Capital. There is the Standard account, which is the most popular choice among traders. This account offers a minimum deposit of $500 and a leverage of up to 1:200. There is also the ECN account, which has a minimum deposit of $5,000 and offers a leverage of up to 1:100. For those who want to trade with higher leverage, there is the Pro account, which has a minimum deposit of $10,000 and offers leverage of up to 1:50.
The Pros and Cons of ETX Capital
When it comes to online forex and CFD trading, ETX Capital is a well-known name. This UK-based broker offers a good selection of markets and tradable assets, as well as competitive spreads and leverage. However, like all brokers, ETX Capital has its pros and cons. In this article, we’ll take a look at some of the key points you need to consider before deciding whether ETX Capital is the right broker for you.
PROS
1. A wide range of markets and assets
With ETX Capital, you can trade forex, indices, commodities, shares and more. There’s a good selection of markets available, so you should be able to find something that suits your trading style.
2. Competitive spreads
ETX Capital offer competitive spreads on a range of markets. This can help to keep your trading costs down, which is important when trying to make a profit from the markets.
3. Good leverage options
Leverage allows you to trade with more money than you have in your account. This can magnify both your profits and losses, so it’s important to use it wisely. ETX Capital offer up to 1:400 leverage on some markets, which gives you the potential to make big profits (or losses).
ETX Capital Traders Ratings
When it comes to online trading platforms, ETX Capital is a well-known name. The company has been around since 2002 and offers a wide range of products and services for both retail and institutional investors.
While ETX Capital is a large and established firm, that doesn’t mean that it’s perfect. In this article, we’ll take a look at some of the pros and cons of using ETX Capital as your online broker. We’ll also hear from some real traders who use the platform to get their insights on what it’s like to trade with ETX Capital.
So whether you’re thinking about signing up with ETX Capital or you’re already a client, this article will give you all the information you need to make a decision about whether or not the platform is right for you.
Conclusion
Overall, ETX Capital is a reliable and reputable online broker that offers a good selection of assets and trading tools. However, there are some drawbacks to using this broker, such as the high minimum deposit requirement and the lack of customer support options. If you’re looking for an online broker to trade with, ETX Capital is definitely worth considering.