ETX Capital offer five ways to trade: Forex, CFDs, Spread Betting, Social Trading, 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.
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
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.
EUR/USDNot offered $0 per lot
The average spread for EUR/USD across all brokers on BrokerNotes is 0.81 pips. See popular brokers for trading EUR/USD
USD/JPYNot offered $0 per lot
The average spread for USD/JPY across all brokers on BrokerNotes is 0.91 pips. See popular brokers for trading USD/JPY
GBP/USDNot offered $0 per lot
The average spread for GPB/USD across all brokers on BrokerNotes is 1.18 pips. See popular brokers for trading GBP/USD
The average spread for Bitcoin across all brokers on BrokerNotes is 37.92 pips. See popular brokers for trading Bitcoin
The average spread for gold across all brokers on BrokerNotes is 8.62 pips. See popular brokers for trading gold
The average spread for DAX30 across all brokers on BrokerNotes is 14.95 pips. See popular brokers for trading DAX30
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:
|Typical overnight fee:||$2.40||$5.00||$9.40|
|Total cost of a 100k trade:||$8.4||$12||$15.4|
|+$3.60 more||+$7.00 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.
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|
|Commodity CFDs||ETX Capital||AvaTrade||Plus500|
|# of commodities offered||10||16||17|
|Indiced & Stock CFDs||ETX Capital||AvaTrade||Plus500|
|# of Stocks offered||4000||99||1816|
|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 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
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.
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 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 February 5, 2018.