Review

Features and Accounts Types

With three trading platforms offered to traders, ETX Capital has 28 different commodities available and offers four types of markets: rolling day bets, daily futures, monthly futures, and market closure expiring dailies. Spread betting is the backbone of ETX Capital, and traders have multiple markets to choose from, including currencies, indices, equities and commodities.

Trading Platforms

The three platforms available for both new and existing traders include the ETX Binary platform, a suitable choice for those who are interested in a relatively low-risk type of trading, the ETX Trader PRO platform, a highly customizable platform that offers experienced traders access to thousands of markets, and the MT4 platforms that provides users with the ability to perform automatic trades and offers full access to expert advisors.

Deposits / Withdrawals

Multiple payment methods are accepted for making deposits at ETX Capital, which include wire/bank transfer, online bank transfer, and all major debit and credit cards (except for AMEX). You can choose from multiple currencies when making a deposit, including GBP. USD, EUR, NOK, PLN, CZK, DKK, and more. The processing time for a deposit is approximately one working day, and the withdrawal arrival times are between 2 and 3 working days. Clients get five free withdrawals per month if they are over £100. There are no fees for deposits.

Bonuses and Promotions

ETX Capital offers traders a generous sign up bonus structure, with bonuses that can go as high as 60%, depending on the value of the initial deposit. For example, traders who make an initial deposit between £500 and £999 receive a sign on bonus of 20%, whereas those who deposit between £1,000 and £4,999 receive a sign on bonus of $50%.

Moreover, the platform offers traders a selection of educational tools that include live and pre-recorded webinars and seminars, as well as training courses that help new users start trading.

Customer Support

In terms of support, ETX Capital offers each new account holder the possibility of getting trained either by the use of a demo account, or by assigning them an account executive that becomes personally responsible for each trader. Phone support is available 24/7 and the company also provides feedback forms and direct email support.

Conclusion

One of the main pros of using ETX Capital is the demo account that allows potential traders to see whether the platforms are a good choice for them without having to invest initially. However, the site offers little to differentiate from competitors and the available spreads could be more exciting, especially from the point of view of an experienced trader.