ETX Capital Review

Great Service

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Price

High Client Charges

ETX Capital proved to be the most expensive overall and on all but one of the individual pricing criteria. ETX Capital 3.5% in the DAX indices example, a whole percentage point more than several of its competitors, and also suffered from the highest margin costs at 1%.

Size

Not The Biggest Player

ETX Capital was only established in 2007 but, through its many previous incarnations, has been around a long time and have plenty of financial services experience. Owned by Monecor, they have no overseas network, and are based in London. The broker has just 80 employees and in 2013 their revenue was £25.2m.


Markets

Over 10,000 Tradeable Markets Available

ETX Capital as your broker, provide you access to thousands of different tradable markets. ETX enables you to trade worldwide financial indices, numerous equities, 50+ Forex pairs and a considerable number of commodities.

Technology

Multiple Online & Mobile Platforms

ETX Capital offer their own trader platform 'ETX Trader' and 'ETX Trader Pro' for more advanced traders. ETX also offer the industry standard 'MT4 Trader' . They also offer 'ETX Binary' for those who like quick paced trading of Binary Options.  

ETX offers a full range of mobile trading apps, with all 3 trading platforms available on iPhone, iPad and Android devices providing their clients fully versatile trading options.

Support

Diverse Customer Service & Help Centre

ETX Capital offers multilingual Customer Service Team who are available to answer any questions or solve any difficulties which you might be experiencing. ETX capital also offers a support website available in more than fifteen different languages, giving a wide range of answers to frequently asked questions. However ETX Capital do not currently offer a live chat service.

ETX Capital offers Customer Service in the following languages;
English, French, Spanish, German, Polish, Czech, Greek and Mandarin.



Trading Services

Yes Spread Betting

Yes Forex Trading

Yes Binary Options

Yes CFDs

Customer Support

Yes Live Chat

Yes Phone 0800 138 4582

Yes Email customer.service@etxcapital.com

FCA Status

Yes Approved

Ref 124721

View FCA Record

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About ETX Capital

ETX Capital was first established in London in 1965 as Monecor Ltd, where they became an established member of the London Stock Exchange. In 2007 the UK based company merged in a joint venture with the JRJ Group and the Netherlands-based BXR Group, this materialised the birth of ETX Capital. 


ETX is a wordplay of the of the services the company offer; Electronic Trading, Telephone Trading and Execution Services. Through these means they offer traders the prospect to trade Forex, Indices, Equities and Commodities. 


ETX Capital is a intercontinental provider of leading edge unconventional technology providing traders access to competitive pricing on more markets than most other brokers. They specialise in institutional, retail customers and traders, with more than $1million available to invest, with multi-asset market derivatives trading through spread betting, forex and CFDs.

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Customer rating

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