ETX Capital Review 2020

ETX Capital Rated 3/5
learn more Learn more about eToro. 75% of retail investor accounts lose money when trading CFDs with this provider.

ETX Capital Guide

ETX Capital are an online broker founded in 2002 offering Forex trading, CFDs trading, and Spread Betting trading.

ETX Capital are a global broker and have a head office in UK.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of ETX Capital we break down the pros and cons. What ETX Capital are able to offer, what countries ETX Capital are available in. Who ETX Capital are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with ETX Capital

Open ETX Capital's Website

Losses can exceed deposits

ETX Capital are reputable enough to have a wikipedia page link. Wikipedia content is highly moderated for accuracy. It is very hard to get a Wikipedia page. Open ETX Capital's Wikipedia page

At the bottom of this review you can also learn about some pretty good alternatives to ETX Capital

With this review we hope to help you see if ETX Capital is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding ETX Capital that will help you get off to a good start in the world of online trading.

ETX Capital Review Table of Contents

ETX Capital what you should know

ETX Capital offer three ways to trade: Forex, CFDs, Spread Betting.

With ETX Capital you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with ETX Capital platform.

ETX Capital are able to accommodate various levels of traders whether you are experienced or a beginner.


Are ETX Capital safe?

When choosing a broker like ETX Capital the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2002, and in operation for 18 years ETX Capital have a head office in UK.

ETX Capital is regulated. This means ETX Capital are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to ETX Capital, this will be honored. If ETX Capital violate any regulatory rules their regulated status could be stripped.

Any payments funded to ETX Capital accounts by traders are held in a segregated bank account.

For added security ETX Capital use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with ETX Capital. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit ETX Capital

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker ETX Capital eToro IC Markets Trading212
Year Established 2002 2006 2007 2006
Head Office UK Cyprus, UK Australia UK
Regulation Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Used By 10,000+ 12,000,000+ 60,000+ 14,000,000+
Negative balance protection No No Yes Yes
Guaranteed Stop Loss Yes No No Yes
Learn More Visit ETX Capital Visit eToro Visit IC Markets Visit Trading 212
Risk Warning Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

ETX Capital Pros and Cons

What we like about ETX Capital

  • Used by over 10,000 traders
  • Established in 2002
  • Regulated by Financial Conduct Authority (FCA)
  • Min. deposit from $100

What we don't like about ETX Capital

ETX Capital Financial Regulation and Supervision in more detail

We have checked and ETX Capital is regulated and supervised by reputable organisations. You are able to check every ETX Capital supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with ETX Capital. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect ETX Capital traders and provide a safe trading environment.

ETX Capital is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as ETX Capital you should be sure they're legitimate online agent.

ETX Capital Awards

ETX Capital have won numerious industry awards over the 18 years they have been operating as a financial broker. We list the most notible awards and mentions for ETX Capital below.

  • Online Personal Wealth Awards Best Education 2018
  • Online Personal Wealth Awards Best Trading Platform 2018
  • ADVFN International Finance Awards Best Spread Betting Platform 2018
  • Uk Forex Awards Best Forex Educators 2017
  • Shares Awards Best Trading Education 2017

ETX Capital General Fees

  • ETX Capital doesn't charge withdrawal fees
  • ETX Capital does charge inactivity fees
  • ETX Capital doesn't charge deposit fees
Broker ETX Capital eToro IC Markets Trading212
Min Deposit 100 200 200 1
Withdrawal Fees No Yes No No
Inactivity Fees Yes Yes No No
Deposit Fees No No Varies No
CFD Commission Fees Yes No Yes No

ETX Capital Commissions

  • ETX Capital does charge commission on CFD instruments.

What can you trade with ETX Capital?

Be aware that Different entities under ETX Capital Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with ETX Capital over 100 instruments infact.

If you are looking at trading currency pairs ETX Capital offer over 60 currency pairs.

Compare ETX Capital with eToro and IC Markets below.

Losses can exceed deposits

Broker ETX Capital eToro IC Markets Trading212
Instruments Available 100 100 232 3000
Platforms MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac Web Trader, Tablet & Mobile apps
FX / Currencies Visit ETX Capital Visit eToro Visit IC Markets Visit Trading 212
Forex pairs offered 60 50 65 177
Major forex pairs Yes Yes Yes Yes
Minor forex pairs Yes Yes Yes Yes
Exotic forex pairs Yes Yes Yes Yes
Cryptocurrencies Yes Yes Yes Yes
Commodity CFDs Visit ETX Capital Visit eToro Visit IC Markets Visit Trading 212
Commodities Offered 16 0 19 14
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs Visit ETX Capital Visit eToro Visit IC Markets Visit Trading 212
Stocks Offered 5000 957 100 1731
UK Shares Yes Yes No Yes
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares No Yes Yes Yes

Trading on ETX Capital web platforms and other applications

ETX Capital offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

An ETX Capital IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

ETX Capital also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.

See ETX Capital's platforms

ETX Capital Trading benefits :

  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss

ETX Capital Trading Accounts Offered :

  • Demo account
  • Micro account
  • Mini account
  • Standard account

Can I try ETX Capital before I buy?

ETX Capital offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

ETX Capital withdrawal and funding methods.

Please note that the list of payment methods below depend on the ETX Capital Entity and the Clients Country of Residence.

ETX Capital offer the below funding payment methods. learn more about ETX Capital

  • Credit cards
  • Bank Transfer
  • Neteller
  • UnionPay
Broker ETX Capital eToro IC Markets Trading212
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes No
Neteller Yes Yes Yes No

How can I start trading with ETX Capital?

When opening a trading account with ETX Capital, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on ETX Capital trading platforms here.

Performing trades with ETX Capital

ETX Capital allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.

As a market maker, ETX Capital may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the instruments.

ETX Capital Leverage and ETX Capital CFDs Explained

let's take a look at some of the basics of using ETX Capital leverage.

ETX Capital offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

ETX Capital leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the ETX Capital trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The ETX Capital leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

ETX Capital CFDs are typically used for short to medium term trades. For example ETX Capital intraday trading.

Limit Risk When Trading with ETX Capital Stop Loss, ETX Capital Stop Limit Orders

A stop-loss order is an order placed with a broker like ETX Capital to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit a traders loss on a security position.

Most traders need to use stop losses to protect themselves from huge risk unless the trade is hedged against another trade or the trader is not using leverage. Circumstances differ depending on the trade and the markets.

Education resources at ETX Capital

To trade effectively with ETX Capital, it's important to get a have a good understanding of the ETX Capital trading tools and the markets.

ETX Capital offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with ETX Capital.

Take time to look around the ETX Capital platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at ETX Capital

ETX Capital support a wide range of languages including English, French, Spanish, German, Polish, Czech, Greek and Mandarin

ETX Capital have a double AA grade support rating because ETX Capital offer live chat and email support in multiple languages.

Livechat Support at ETX Capital

ETX Capital does not offer LiveChat Support.

Email Support at ETX Capital

We sent several emails to ETX Capital and answer times overall were excellent. The fastest response from ETX Capital was less than 15 minutes and the slowest response was 7 hours. Support response times may vary for you with ETX Capital, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from ETX Capital.

Phone Support at ETX Capital

We called ETX Capital and the call was answered very quickly. The call was answered in less than 5 minutes.

The ETX Capital phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual ETX Capital team by calling in varying languages. ETX Capital made an effort to make sure our queries were answered.

Overall great phone support from ETX Capital.

See how ETX Capital Support Compares Against Other Brokers

Broker ETX Capital eToro IC Markets Trading212
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, French, Spanish, German, Polish, Czech, Greek and Mandarin English, German, Spanish, French, and Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文
Learn More Visit ETX Capital Visit eToro Visit IC Markets Visit Trading 212
Risk Warning Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with ETX Capital

As ETX Capital is regulated by Financial Conduct Authority (FCA), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under ETX Capital Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore ETX Capital's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with ETX Capital you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.etxcapital.com on 12th August 2018.

Is ETX Capital A Good Broker?

We spent over 3 months examining ETX Capital in depth. Although we found some very useful aspects of the ETX Capital platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative ETX Capital broker.

  • ETX Capital have a good track record of offering Forex, CFDs, Spread Betting.
  • ETX Capital has a history of over 18 years.
  • ETX Capital has a reasonable sized customer support of at least 10.
  • ETX Capital are regulated by Financial Conduct Authority (FCA). This means ETX Capital fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • ETX Capital have regulation from a Tier 1 reputable country.
  • ETX Capital has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • ETX Capital have an international presence in multiple countries. This includes local ETX Capital seminars and training.
  • ETX Capital are able to hire people from various locations in the world who can better communicate in your local language.

ETX Capital Risk Disclaimer

Losses can exceed deposits

ETX Capital not quite right?

Check out these ETX Capital Alternatives

We have spent years researching the best alternatives to ETX Capital. Click the links below to learn more.

If you feel some of the above ETX Capital are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of ETX Capital alternatives below.

Related ETX Capital Comparisons

If you would like to see how ETX Capital stands up against other brokers you can read some of our ETX Capital comparisons below. We compare side by side some of our top rated ETX Capital versus comparisons. Read some indepth ETX Capital VS pages below.

ETX CAPITAL Frequently Asked Questions

Can I try ETX Capital before I buy?

ETX Capital offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do ETX Capital accept?

Please note that the list of payment methods below depend on the ETX Capital Entity and the Clients Country of Residence.

ETX Capital offer the following funding payment methods accept Credit cards, Bank Transfers, Neteller, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

Is ETX Capital safe?

ETX Capital are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). Any payments funded to ETX Capital accounts by traders are held in a segregated bank account. For added security ETX Capital use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is ETX Capital trading good?

ETX Capital is considered good and reputable to trade with. ETX CapitalETX Capital is used by over ETX Capital active traders. ETX Capital offers Forex trading, CFDs trading, and Spread Betting trading. Minimum deposit with ETX Capital is 100.

Is ETX Capital trading Legit?

ETX Capital was founded in UK in 2002. ETX Capital has been facilitating trade on the financial markets for over 18 years. ETX Capital offers clients Forex trading, CFDs trading, and Spread Betting trading. All funds deposited to ETX Capital are held in segregated tier 1 bank accounts for security. ETX Capital is regulated by Financial Conduct Authority (FCA) so can be considered legit.

Is ETX Capital a good broker?

ETX Capital is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker. ETX Capital allows Forex trading, CFDs trading, and Spread Betting trading.

Is ETX Capital trustworthy broker?

ETX Capital can be considered trustworthy. All money funded to ETX Capital is placed into a segregated tier 1 bank account. this means your money in not held by ETX Capital directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also ETX Capital is regulated by Financial Conduct Authority (FCA).

What is the minimum deposit for ETX Capital?

The minimum deposit to trade with ETX Capital is 100.

How long do ETX Capital withdrawals take?

Withdrawing money from ETX Capital processing time varies but averages 2-5 days.

Is ETX Capital regulated?

ETX Capital is regulated by Financial Conduct Authority (FCA).

Is ETX Capital a market maker?

ETX Capital is a market maker. Stocks, currency and other commodities and instruments will be purchased by ETX Capital even if no buyer is lined up.

How can I start trading with ETX Capital?

When opening a trading account with ETX Capital, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on ETX Capital trading platforms here.

Is my money safe with ETX Capital?

ETX Capital is regulated by Financial Conduct Authority (FCA). One of the most important criteria for traders when choosing a broker like ETX Capital is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to ETX Capital, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is ETX Capital a con?

ETX Capital is regulated and well established having been in business for over 18 years. ETX Capital is definitely not a con.

Can you make money with ETX Capital?

Although traders have had great success with ETX Capital. Trading on the financial markets with ETX Capital is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does ETX Capital have fees?

ETX Capital doesn't charge withdrawal fees. ETX Capital does charge inactivity fees. ETX Capital doesn't charge deposit fees.

When was ETX Capital founded?

ETX Capital was founded in 2002.

How many people use ETX Capital?

ETX Capital is used by over 10000 registered traders.

What is ETX Capital Headquarters country?

ETX Capital has its head quarters office in UK.

Does ETX Capital offer negative balance protection?

ETX Capital does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does ETX Capital offer guaranteed stop loss?

ETX Capital offers guaranteed stop loss protection. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does ETX Capital allow scalping?

ETX Capital does not offer scalping.

Does ETX Capital allow hedging?

ETX Capital offers hedging.

Does ETX Capital offer CFD trading?

ETX Capital offers CFD trading.

Does ETX Capital offer STP?

ETX Capital does not offer STP trading.

How many people use ETX Capital?

ETX Capital is used by over 10000 traders.

Is ETX Capital an ECN broker?

ETX Capital does not offer ECN trading.

Does ETX Capital offer a demo account?

ETX Capital offers a demo account.

Does ETX Capital offer an Islamic account?

ETX Capital does not offer Islamic accounts.

What are the funding methods for ETX Capital?

ETX Capital accept the following funding methods : Credit cards, Neteller, UnionPay, Bank Transfer.

ETX Capital review written by Andrew Blumer and Mark Hansen

We hope you found our review of the ETX Capital brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

ETX Capital review written by Mark Hansen of Comparebrokers.co