Traders like looking at the history of a forex broker before depositing their money with them. Etx capital is one of the oldest brokers that have managed to dominate the industry. Learn more!
Who is behind the broker?
Monecor London Limited established Etx capital in 1965. It offers traders the chance to trade forex and CFDs from the comfort of their homes. The Financial Conduct Authority has regulated this broker. Etx capital forms parts of the London Stock Exchange which gives it access to global markets.
It has a user-friendly website which contains all the relevant information for traders. Etx capital provides you with 50 forex pairs, commodities, financial indices, equities as well as cryptocurrencies.
What trading platforms are available and supported?
You can trade from the Trader pro platform or even the MT4 platform. The trader Pro platform offers you a smooth trading experience since it contains advanced features like complex order types. Both platforms are available on Android or iOS devices.
What types of accounts are available?
Unlike other brokers that have unique names for their accounts, Etx does not have separate account types. You can either open a demo or live account on any of the platforms. Feel free to open more than a single account with the broker if you are an experienced trader. The demo account equips you with trading skills before you start trading with real money.
Spreads, Leverage, and commission
The forex broker provides traders with commission-free pricing on different platforms. The spreads depend on the trading platform you choose to use. It offers high leverage and tight spreads.
Some products from this broker have leverage rates of 1:100 while others offer up to 1:200. Etx capital offer promotions from time to time. They have a free no deposit bonus and free forex signals for traders
Deposit and withdrawal options
Etx capital sets a minimum deposit amount of £ 100 to open an account. You can deposit or withdraw funds using payment options such as bank wire transfer, Union Pay, Sofort, Giro Pay or Skrill. They take the necessary measures to secure your financial information.
Unlike other brokers, Etx capital provides its website in at least 15 languages. They offer remarkable customer support through phone lines, email and live chat. You can also use the physical address provided on the website to visit their offices.
- Multilingual customer support
Traders complain about brokers that only operate in one language since it discourages international traders. That is why Etx capital offers its services in languages such as French, Spanish, English German and Polish.
- Long-lasting history
The company behind this broker has existed for more than 4 decade. They are a reliable company which offers a wide range of assets to trades.
- They educate their traders
New traders can learn a lot from this broker since they provide sufficient educational resources for their clients. They offer free online webinars and other training programs.
- Limited customer support options
Though they offer services in different languages, they should include other customer support options such as Telegram, Facebook messenger and fax.
A lot of traders choose this broker over others due to its remarkable reputation, market experience, regulation, and platforms. Through the spreads are wider compared to other brokers, it gives you access to a wide range of markets. Etx capital provides traders with educational resources and excellent support. The long history, and security standards should give you the confidence to deposit with them.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK