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ETX Capital

  • Regulated by: Financial Conduct Authority
  • Used by: 51,000 traders
  • Trust Rating: A
Open ETX Capital's Website

Losses can exceed deposits.

ETX Capital offer three ways to trade: Forex, Spread betting, CFD and Binary options.

To open a live account, you’ll need a minimum deposit of at least $100. Alternatively, ETX Capital offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by the Financial Conduct Authority, UK (FRN: 124721). ETX Capital puts all client funds in a segregated bank account and uses tier-1 banks for this. ETX Capital have been established since 2002, and have a head office in UK.

Before we dive into some of the more detailed aspects of ETX Capital’s spreads, fees, platforms and trading features, you may want to open ETX Capital‘s website in a new tab by clicking the button below in order to see the latest information directly from ETX Capital.

Open a demo account Visit ETX Capital

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

PROS

  • Used by 51,000 traders
  • Established in 2002
  • Regulated by Financial Conduct Authority
  • Min. deposit from $100

CONS

What are ETX Capital's spreads & fees?

The spreads displayed below are based on the minimum spreads listed on ETX Capital’s website. The colour bars show how competitive ETX Capital’s spreads are in comparison to other popular brokers featured on BrokerNotes.

See all Spreads

Example: How much would it cost to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) at an exchange rate of 1.1719 and then sell it the next day at the same price you could expect these fees:

ETX Capital AvaTrade Plus500
Spread from: $7.00 $7.00 $9.00
Typical overnight fee: $2.40 $5.00 $9.40
Commission: 0 0 0
Total cost of a 100k trade: $9.4 $12 $18.4
+$2.60 more +$9.00 more
Visit ETX Capital Visit AvaTrade Visit Plus500

All fees/prices are for informational purposes and are subject to change. Last updated: 17/11/2017.

General Fees

  • ETX Capital does charge inactivity fees
  • ETX Capital doesn't charge withdrawal fees

Overnight fees & swap rates

When you hold a position overnight, it is usually subject to overnight interest which you must pay to your brokerage (sometimes called a rollover fee or swap rate).

  • the roll over fee for long positions on EUR/USD is -$2.4
  • the roll over fee for short positions on EUR/USD is -$9.21

Commissions

  • ETX Capital does charge commission on CFD shares

What instruments can you trade with ETX Capital?

FX / Currencies ETX Capital AvaTrade Plus500
# of forex pairs offered 60 59 61
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs ETX Capital AvaTrade Plus500
# of commodities offered 10 16 17
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs ETX Capital AvaTrade Plus500
# of Stocks offered 4000 99 1816
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See ETX Capital's Instruments See AvaTrade's Instruments See Plus500's Instruments

What's the ETX Capital trading experience like?

1) Platforms and apps

ETX Capital offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.The combination of downloadable platforms for both Mac and Windows allows traders to trade with their device of choice.

ETX Capital Screenshot See ETX Capital's Platforms

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

Trading Features:

  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss

Accounts offered:

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

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

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 a ECN broker who benefit 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 trader, accounts and instruments, but as a guide, ETX Capital offer margin up to % on currencies.

Finally, we‘ve listed some of the popular funding methods that ETX Capital offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • Neteller

3) Client support

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

ETX Capital have a BrokerNotes double AA support rating because ETX Capital offer over three languages, email and phone support.

CFDs are leveraged products and can result in the loss of your capital. All information collected from https://www.etxcapital.com on November 21, 2017.