Type: Forex & Binary Options

Location: London, UK

Founded in: 2002

Regulation: Financial Conduct Authority (FCA)

Leverage: 200:1

Scalping: Yes

One Click Trading: Yes

EA trading: Yes

Market analysis: Yes

Languages available: Chinese, Spanish, Danish, Italian, French, and German.

Contact methods: Phone, E-mail

Support hours: 24/5

Deposit Options: Credit Card, Skrill, Wire Transfer, PayPal

Withdrawal Options: Credit Card, Skrill, Wire Transfer, PayPal

ETX Capital is a leading online Forex, CFD, and binary option broker based in London. ETX Capital was founded in 2002 and has been an enormously popular broker for 14 years among English, French and Dutch traders. ETX Capital is regulated by the Financial Conduct Authority in the UK and the company is listed on the London Stock Exchange.
ETX Capital is considered a very reputable and professional broker. In March 2015 however, another British broker, Alpari, went bankrupt due to the lack of temporary stop losses when the Swiss Franc rose 20% in value in one day. ETX Capital was all too happy to take over their entire customer base.
ETX Capital took extra initiative by dedicating a special customer service department to former Alpari clients to help them switch their portfolio to ETX Capital as smoothly as possible. ETX Capital also tried to adapt the trading platform slightly so that it looked more like the trading platform Alpari.

ETX Capital trading platforms

In total, ETX Capital offers three different trading platforms. ETX Trader Pro, ETX MT4, and ETX Binary.

ETX Trader Pro

Designed for experienced investors the ETX Trader Pro trading platform allows traders to trade the financial markets with a large number of features and tools. An example of the benefits of ETX Trader Pro is the comprehensive integrated charting package. With this feature, traders can choose from a range of chart types and sizes and customize them to their own needs. For traders at ETX Capital it is also possible to trade directly from the chart with a single click of the mouse.

ETX MT4

The most popular trading platform in the world, MetaTrader, can be used at ETX Capital to connect Expert Advisors (EAs). The ETX MT4 trading platform by itself has already many built-in indicators, advanced graph features and free trading education material available.

ETX Binary

In addition to the well-known trading platforms of ETX Capital there is also ETX Binary trading, the platform to trade binary options. Traders can choose from a wide range of financial instruments such as currency pairs (Forex), commodities, market indices and stocks to buy binary options through the trading platform.
All ETX Capital trading platforms are supported on Smartphone and tablet and have several downloadable apps available in the respective app stores.

Costs and Commissions

The spreads or acquisition costs of financial products at ETX Capital are highly competitive and are starting as low as 0.7 pips or points on popular currency pairs like EUR / USD. On CFDs the spreads begin as low as 0.5 pips or points, which is much lower than many other CFD brokers. Trading directly in underlying assets is also very cheap at ETX Capital; spreads start from 0.08% on equities. Commodities have spreads that start from 0.025 pips and indexes have a minimum spread of just 1 point.

Customer Service

ETX Capital’s customer service is available from Monday to Friday between 6:30 and 20:00 GMT. The customer service is available in many languages and is always open for questions and ready to help. If you have any questions about the ETX Capital platform or about trading with ETX Capital you can always contact them by phone, live chat or email.

Summary

A broker that has been operating for over 14 years, ETX Capital is certainly a broker that puts integrity and reliability at front. In most cases, ETX Capital will guarantee that their traders enjoy the highest quality service. Because ETX Capital is licensed and regulated by the UK Financial Conduct Authority and not by CySEC they are under stricter supervision and your funds will be safer with this broker. ETX Capital is a serious and professional broker and switching to this broker might not be such a bad idea at all. At the moment, all traders can open an account at ETX Capital and get 20 Euro free starting capital.