ETX Capital is an FCA Authorised & Regulated Forex broker that is owned by Monecor (London) Limited. They were founded in 1965, and located at: One Broadgate, EC2M 2QS, London, United Kingdom. Contact phone number is +44 (0) 207 392 1494, and their email is firstname.lastname@example.org.
ETX Capital Review
ETX Capital offers their investors a choice of the MetaTrader 4 platform, and their own TraderPro platform. Spread Betting, CFD’s Forex, Shares and Crypto Currencies are all available. Binary Options are available on the Markets Pulse trading software. The trading platform has a wide range of underlying assets to trade and has 200% returns on Spread High Low & One Touch Options. Regular high low options have an 81% return for the EUR/USD or 80% for the GBP/USD.
You will notice when reviewing ETX Capital, that their markets commentary and news wire service is up to date. A benefit of using an established Forex broker like ETX, is that they have a strong support team.
Minimum deposit for a new trading account is only $100. You can also setup a free demo trading account, alongside your regular account.
ETX Capital License
When the scam broker investigator looks at a Forex broker to determine if it is a scam or a legit CFD broker, we want to know if a regulator like the FCA in England or the CySEC in Cyprus gave them a license for the regulated products that they offer (this excludes Binary Options).
What makes ETX Capital unique is their regulation status. While other brokers may be registered with the FCA, ETX Capital is also regulated by them. Their Financial Services Register number is 124721, and they are a member firm of the London Stock Exchange.
ETX Capital takes complaints seriously due to their FCA license, and they use an external Financial Ombudsman Service to resolve any issues traders may have. Traders at ETX Capital receive a higher level of protection with their accounts, because of the Financial Services Compensation Scheme. Trader’s funds are insured up to £50,000. Accounts are all segregated and held in German or British banks, with investment grade ratings. All these protections are only given to clients who trade FCA regulated products (which currently excludes Binary Products).
Compare ETX Capital
New investors in Forex & Binary Options now have many licensed brokers to choose from.
If you already have a trading account with ETX, please write your experience with this broker in the comments section below.