ETX Capital review
Find out what ETX Capital has to offer and some pros and cons
ETX was founded in 1965. It dedicates itself to constantly matching and exceeding its competitors and reacting to its clients’ ever-changing needs. ETX offers two industry-leading platforms, a wide range of markets and competitive spreads to help its traders have the best possible trading experience. Find out more about ETX Capital, what markets you can trade and some pros and cons of ETX Capital.
What is ETX Capital?
ETX Capital is a CFD trading provider. It lets you trade shares, indices, forex and commodities. You can use the TraderPro and MT4 trading platforms with ETX. It also has free trading education, competitive spreads, flexible leverage and access to thousands of tradable markets.
Some features and tools include:
- Sentiment mapper. This lets you see how other traders are trading.
- Education. This is a collection of training modules, downloadable files and video commentary to help you understand CFD trading.
- Automated trading. You can use APIs and extensions to use robots and expert advisors (software that indicates when to make trades or automatically initiates the trades).
- Trade on the go. Technology across multiple devices
- Daily security checks. These ensure client fund safety
ETX Capital platforms
With ETX Capital, you can trade with some of the leading platforms. Find out more about ETX TraderPro and ETX MT4.
- Suitable for both experienced and beginner investors
- Advanced trading features
- Sophisticated charting tools
- Access historical data
- Volume indicators
- Guaranteed stops
- News feed
- Suitable for most types of investors
- Desktop, mobile and web platforms
- Advanced trading tools
- 3 execution modes: instant, execution on request and execution by market
What can you trade with ETX Capital
With ETX Capital, you can trade:
We’ve gone into more detail about the markets available below.
ETX Capital lets you trade foreign exchange (FOREX) currency pairs. Some main features of Forex trading with ETX Capital include:
- Trade on 60+ major, minor and exotic currency pairs
- Tight spreads
- Instant execution
- Latest news and information with FX Education
|Currency pair||Average Spread|
The average spread is defined as the mean time weighted spread that was available for trading and executions between 06:00 and 24:00 during the calendar month of May 2018.
ETX Capital offers a variety of ways to trade indices on the world markets.
- Competitive spreads from 1 point
- More than 20 indices
- Instant execution
- Access news and analysis
|Index||23:01 – 07:00||07:00 – 08:00||08:00 – 16:30||16:30 – 21:00||21:00 – 21:15||21:31 – 22:00|
|Euro Stocks 50||6||2||2||2||6||6|
|Japan 225||8 + market||5 + market||5 + market||5 + market||5 + market||5 + market|
|Switzerland Market Index||2 + market||2 + market||2 + market|
|US Tech 100||2||2||2||1||1||2|
You can trade thousands of stocks and shares with ETX Capital. Some features include:
- Spreads from 0.1% on companies such as Facebook and Apple
- Trade shares in more than 20 countries
- Advanced charting tool
- Free reading education
|Country||Margin Rates From|
|Australia||0.2% (min AUD 15)|
|Eurozone||0.1% (min EUR 10)|
|Czech Republic||0.1% (min CZK 300)|
|Denmark||0.1% (min DKK 100)|
|Hungary||0.1% (min HUF 3500)|
|Norway||0.1% (min NOK 100)|
|Poland||0.1% (min PLN 50)|
|Singapore||0.4% (min SGD 15)|
|Sweden||0.1% (min SEK 100)|
|Switzerland||0.1% (min CHF 10)|
|UK||0.1% (min GBP 10)|
|US||2 cents (min USD 15)|
You can trade a range of commodities with ETX Capital, including gold and silver.
|Commodity||23:00 – 07:00||07:00 – 21:00||21:00 – 22:00|
|Brent Crude||Market + 0.03||Market + 0.03||Market + 0.03|
|Nymex Crude||Market + 0.03||Market + 0.03||Market + 0.03|
|Natural gas futures||0.02||0.02||0.02|
ETX Capital fees
The main fees are for overnight funding. This fee depends on what you’re trading and the value of the trade. We’ve covered commission in the shares section above.
ETX Capital spreads
Each of the individual sections above have more detailed information on the spreads you get with ETX Capital, but here’s the gist:
|Forex||From 0.6 pips|
|CFDs||From 0.5 pips|
|Commodities||From 0.025 points|
|Indices||From 1 pip|
How safe is ETX Capital?
ETX Capital is a trade name of Monecor (London) Ltd which is a member of the London Stock Exchange. It is authorised and regulated by the Financial Conduct Authority (FCA). ETX Capital is also registered with the Financial Services Compensation Scheme (FSCS) whereby in the case of liquidation clients can be compensated up to £80,000 by the Financial Services Compensation Scheme (FSCS).
ETX Capital maintains all client funds in segregated bank accounts and carries out daily security checks to ensure client fund security.
Pros and cons of ETX Capital
- Demo account
- Trading tools
- Good educational resources
- Use leading trading platforms
- Zero commission stock trading
- Different fees for each type of investment
Our verdict: Is ETX Capital any good?
ETX Capital is a really comprehensive trading platform with some excellent resources that can help you learn more about how trading works. Its demo account is a nice touch, and can let you practise some strategies.
We liked that the fee structure is transparent, albeit not very brief, and it’s great that you can use the TraderPro and MT4 platforms to trade.
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We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
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