ETX Capital Review
- Trading Platforms: ETX MT4, ETX Binary, ETX Trader, ETX TraderPro
- Leverage: 400:1
- Free demo accounts: Available
- Minimum deposit: $100
ETX Capital is a leading provider of online trading services in the United Kingdom. It has been providing unrivaled trading facilities since its conception in 1965. It has its headquarters in the economically significant city of London and is a global brand when it comes to forex trading.
ETX Capital is actually the trading name of Monecor Limited, which is ETX Capitals’ parent company.
Is ETX Capital A Trusted Broker?
ETX Capital is a credible broker that seeks to provide a versatile trading experience to many of its clients. It has valid and updated licenses governing its operations in all the jurisdiction that it is present in. This makes it a credible broker that you should have no qualms to sign up with so as to trade.
Regulations And Trustworthiness Of ETX Capital
As earlier indicated, ETX Capital has valid and updated licenses that allow it to operate guided by the stipulated rules from the regulatory bodies. Among the licenses that ETX Capital has under its possession include the following.
- ETX Capital has a valid license from the United Kingdom’s financial conduct authority (FCA) which is the country’s official regulatory body. This body allows ETX Capital to run its operations in the United Kingdom.
This regulatory body ensures that ETX Capital is compliant to certain set clauses. Among the clauses is one on the safety of clients’ funds. ETX Capital in being compliant with these set clauses has come up with some measures that ensure your funds entrusted to it are kept safe.
Some of the measures that this brokerage company has implemented are as follows.
- ETX Capital conducts daily checks and reconciliations to ensure that it has constant sufficient regulatory capital.
- The segregation of accounts that ensures clients funds are kept in separate bank accounts away from the company’s operating funds.
- Use of the services of credible banks to keep clients funds safe.
ETX Capital Welcome Bonus And Bonus Codes
How to Register using the ETX Capital Bonus Code
For you to be able to trade and benefit from the great trading conditions that ETX Capital offers you need to sign up for an account. The registration process is simple and straight forward and you first of all click on the ‘create account’ icon. An online form will appear where you need to first fill it up with your personal details such as your name, number, email address and date of birth among other personal details.
Next, you need to provide your address details such as your country of residence and also your address number. The final step requires you to pick your preferred trading securities that you can trade on and also quote your trading volume as well as your source of income. Once you click on continue your account will be officially up and running.
By signing up, there are two account types at your disposal that you can opt for, the demo account and the standard live trading account.
The demo account is an account suitable for you if you are new to the forex trading concept. It helps you grasp the trading basics by allowing you to trade in a simulated trading environment. You even have virtual funds to your access for this. You can also opt for the demo account if you are seeking to refresh your trading skills.
The standard live trading account is the basic account type that ETX offers. This account type is suitable for both novice and professional clients who have experience in trading.
Among the features of the standard live trading account are as seen below.
- Vast trading instruments from ETFs, CFDs and also crypto units.
- Minimum initial deposit of £100.
- Spreads start from 0.6 pips on forex assets.
- Leverages start from 1:30.
ETX Capital Welcome Bonus for 2020
ETX Capital occasionally offers promotions and bonuses to its clients to enhance their trading experience while on its platform. Unfortunately at the moment, ETX Capital has no running promotions or bonuses.
The following are some of the additional features on ETX Capital’s trading platform that you may take advantage of while trading.
The Affiliate Program
You can also benefit from the affiliate program that ETX Capital offers. With the affiliate program, you are entitled to some commission upon the referral of a client to ETX Capital. The program has several packages, the silver, gold and platinum packages with the platinum being the most prestigious package. The packages are dependent on the number of new clients that you bring on board.
ETX Capital believes in educating its traders. For this reason, it has plenty of educational material on its platform that serves to give you as a trader some tidbits on how to go on with trading. The available educative material on trading come in the form of live webinars, ebooks, seminars, road shows and also a trader course. This is a boost to you especially if you are a novice trader and seeking to gain experience in this field.
The market analysis feature gives you an insight into the recent market conditions and also gives you news about the financial market. This helps you make a sound decision when it comes to trading based on the news from the financial trading sector.
ETX Capital Mobile Trading Platform
To improve your access to trading facilities, ETX Capital has come up with a mobile trading platform. With this platform, you are able to trade anywhere anytime as long as you have your mobile phone with you.
The mobile platform can use either of the trading platforms that ETX Capital has on offer which are the ETX TraderPro trading platform or the meta trader4 trading platform. With the mobile trading platform, you get access to all the trading features such as access to trading instruments and education material making it a convenient trading platform for you.
ETX Capital utilizes some of the best trading platforms that are definitely going to enhance your trading experience while on this platform. We have already seen the mobile trading platform that uses both its two trading platforms which are the TraderPro trading platform and the Meta trader4 trading platform.
The TraderPro Trading Platform
The TraderPro trading platform is a platform that has been customized to give you a greater scope in trading in your bid to realize your ambition. This platform comes with an array of features that can be seen below.
- There are plenty of charts that you can use for analysis while trading.
- It is compatible and can be accessed on your mobile phone.
- Offers you multiple markets that you can trade on.
- The platform has competitive tight spreads at your disposal.
- You are able to create watch lists so as to monitor a particular market.
- It has the product info tab that gives you more insight into an item in question, such as a trading option.
The Meta trader4 Trading Platform
The Meta trader4 is one of the most popular trading platforms that is a product of Metaquotes. Same as the TraderPro, this trading platform is also accessible and compatible with the mobile trading platform. This trading platform is well-known for its features which include the following.
- Access to custom indicators
- There are plenty of charts that you can use for analysis purposes.
- You can open multiple charts at once.
- Allow for hedging.
- Allows for one-click trading for the rapid execution of your trades.
- The platform also allows for automated trading.
ETX Capital was conceived in 1965 in London in the United Kingdom with the purpose of providing unrivaled trading facilities. It has managed to grow in strides to become among the best brokers in the trading sector.
In 2007, it was listed in the London stock exchange a step that further pushed it into the greatness that it is presently. ETX Capital seeks to provide its many clients with the best trading facilities and apart from its versatile online trading platform, it also has invested in the best staff.
Its customer support staff, for example, is very efficient in its role and in case of any issue while on the platform, a call is all it takes to get the needed help. The response is prompt and you will be served in a short time to get you back to boosting your finances on the platform.
ETX Capital is one of the best trading brokers that you can get a chance to sign up with. It has flexible trading conditions in addition to its awesome trading platforms that enhance your trading stint. Being a regulated firm, you are sure that your funds are safe and this is confirmed by the measures put forward to secure your funds. This is a great trading broker that you should opt for, for a secure trading stint.