ETX Capital is one of the best brokerage firms in United Kingdom; ETX Capital is the trading name of the Monecor Ltd. The company is registered in England under the registration number 00851820. They are as well regulated by the Financial Conduct Authority which controls their trading and financial activities; their registration number with the FCA is 124721.
ETX Capital has a wide variety of tradable instruments on offer; this has given its clients a wide range of markets to choose from. They offer, forex, spread betting and CFDs, with these choices they can easily trade by diversifying their risk among many instruments.
They offer binary and spread betting services too, this makes them one of the most recommended brokers in the United Kingdom.
They have been in the finance industry for a long time and since 1965 they have been a member of the London stock Exchange, this simply stamps their mark in the finance industry. All these aspects make them one of the best in the business through and through.
ETX Capital Review
ETX Capital has equality written all over their brand, they believe that every client should have the same level of respect accorded to them, so they have a minimum deposit and thus one account type. Their minimum deposit is 100 pounds; this amount is fair and it is very affordable across the board.
The same care given to account holders which massive amounts of money is the same care given to the client with a minimum deposit account. This makes ETX Capital one of the very best brokers when it comes to client treatment.
Trading Platforms
ETX Capital is has several trading platforms, these platforms are suited for the trading activities that the clients want to participate in. They have three different platforms that range from the commonly available once to proprietary platforms that are better suited to the services offered by the trading firm.
The following are the platforms offered; MT4 platform, the Binary platform, and lastly the TraderPro platform. All the above named platforms are unique in their own way and the traders may have a very tough choice choosing which one to use because they all offer very good trading experiences.
The TraderPro platform is ETX Capital’s proprietary trading platform; it is a platform that is meant to give the trader the total ETX Capital trading experience.
It is a platform that has several charting and analytical tools to select from. When you are trading multiple assets and find switching from one chart to another rather strenuous, this platform comes with a market watch list function that allows you to select assets so that you can track them from a single location.
The platform offers low spreads and a massive list of markets to trade, this paired together gives the trader enough room to trade comfortably. The ETX TraderPro platform also has a downloadable mobile platform, compatible with the Android and iOS mobile devices.
The MT4 platform is well known and that is why ETX Capital decided to include it in its arsenal of platforms. The MT4 account offers several advantages, a 400:1 leverage, it also offer one-click trading for faster trade execution, it has multiple chart options, allows for Expert Advisors and a selection of indicators for analysis.
With this platform the trader is allowed to hedge his positions to cover if the trade goes against them, this gives the trader a chance to make some profits whatever the direction of the trade.
There is also a downloadable mobile trading platform that is available on iOS and Android stores; this ensures the trader does not miss a chance trading the markets.
The ETX Capital Binary platform offers various binary trading options for the trader to choose from, this platform has become popular among binary traders in the recent years.
They offer as from 30 seconds options to daily options for various assets, forex, commodities, indices and many more. The platform also has various timeframes to track your trades as per the option selected, the payout is quite high as from 65% to 100% on trades taken.
They have a mobile platform that is suited to the trading activities of traders who are constantly on the move. These platforms make it easier for traders to enjoy their trading experience in the best way possible.
Deposits and Withdrawals
ETX Capital has made it easy for its clients to fund and withdraw money from their accounts. They offer the following funding solutions for their members; bank wire transfer, online bank transfer, and all major credit and debit cards except AMEX.
They allow for five withdrawals every month that are not charged any service fee and any withdrawal above that number is charged an extra 10 pounds which is quite fair. They also charge an inactivity fee that varies according to your location.
Customer Support
ETX Capital has broken down their customer support into various sections in order to have an efficient customer support service.
They have the trading related service, a technical support team, and a team that handles client account inquiries. All these teams work in harmony with one another to ensure the client has been accorded the best service.
They have a local and international number that clients can use to contact them when need be. Their operations run from 7:30 AM to 9:00 PM London time as from Monday to Friday.
Conclusion
ETX Capital has checked all the boxes necessary to be considered a reliable and efficient trading firm that any trader will find fit to associate themselves with. They have access to many markets and they have efficient trading platforms to maximize their reach into those markets.
They have an affordable minimum deposit and bonuses to boost your deposits. This trading firm is respectable and any trader who joins the ETX Capital family will be in good hands.
