ETX Capital Review

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ETX Capital Review – A Safe Investment or a Big Scam?

ETX Binary is the newest offering from ETX Capital, a well respected brokerage firm with over a decade of experience in the spread betting and CFD markets. Based in the heart of London’s financial district, ETX Capital is authorised and regulated by the UK’s Financial Conduct Authority. ETX Capital has expanded significantly in the last few years, with the company’s website now available in 17 different languages. 

Trading 

You name it and the chances are that ETX Capital has it – the firm offers over 6,000 different markets to traders, including stock options, FX, Indices and Commodities. The ETX Binary platform has more than 100 different options available, with traders having the choice of trading binary options or pairs using a highly visual platform available in a range of different layouts.

The Trader Choice tool enables users to see the way other ETX Traders are moving with regard to the position in question, while the profit calculator tool allows traders to work out their potential profit based on the size of their trade.

ETX has options for traders looking for fast paced trades, as well as opportunities available for those more interested in taking long-term positions, with option lengths ranging from one month all the way down to 60 seconds.

Platforms 

ETX Capital offers four different online trading platforms, ETX Trader, ETX TraderPro, ETX MT4 and ETX Binary, with ETX Binary being the newest platform on offer. The binary platform’s clear layout and easily operated tools have already proven to be a firm favourite with traders. 

Accounts

While the different platforms provided by ETX of necessity offer different advantages, tools and trading opportunities, ETX Capital does not believe in offering a tiered account system whereby clients have to pay more to access further benefits. ETX Capital clients all receive the same high level of service and have access to the same wide choice of educational opportunities and daily financial news updates. 

Deposits

Clients can deposit funds via bank transfer, Credit/Debit cards in their own name, or e-commerce payment network Skrill. There are clear deposit instructions available to clients on both the website and individual trading platforms. 

Bonuses

ETX Capital offers a tempting first deposit bonus, where clients can receive up to 50% of the value of their initial deposit up to a level of £5,000. For details of further client bonus opportunities, please contact the ETX New Accounts team.

ETX also runs an extensive affiliate program, with a range of generous commission deals available, including a specific binary commission plan. Contact the ETX Affiliates team for further details.  

Trading App

The markets move around constantly – and ETX Capital believes that traders ought to be able to move around as well, which is why they offer free trading apps on iPhone, iPad and Android devices. The trading apps give ETX clients access to all of the advantages available on the desktop platform, with the added benefit of mobility.

Educational Tools

Traders have access to a selection of binary trading seminars and webinars, as well as an in-depth trading course with monthly follow-up sessions available to talk through trading tactics. The course costs over £1,000 on the open market, but is available free of charge to ETX Capital clients. ETX also produces daily and weekly financial updates, available in both written and video form, which are freely available to ETX platform users.

Customer Service

ETX Capital operates a highly capable multi-lingual customer service team, which is constantly on hand to help with any queries traders may have. The firm also has a support website, available in 15 languages, which answers an extensive range of frequently asked questions.

Security

ETX Capital puts a great deal of emphasis on the safety of client funds. Its status as an FCA regulated company means that the firm is required to make daily calculations to establish that the company has sufficient regulatory funds available on a constant basis.

The firm also keeps retail client funds strictly separate from company money, with all client capital held in investment grade rated UK or German banks. The firms’ participation in the Financial Services Compensation Scheme means that in the unlikely event of company bankruptcy, individual clients will be compensated up to a level of £50,000.

This FCA-guaranteed scheme gives ETX clients a level of security that companies based in overseas locales may find hard to match. 

Conclusion

With a great platform offering, tempting bonuses, a wide range of educational opportunities and a high level of account security, why not trade up to ETX Capital in general and ETX Binary in particular? Try their demo platform today to experience the benefits of trading with ETX. 

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Rating

Support
4/5
Bonuses
4/5
Payout
4.5/5
Platform
4.5/5

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