ETX no longer offers a binary option.
They still offer forex and CFD trading.
| broker | ETX Capital |
| headquarters | United Kingdom London |
| Support Type | Email, Phone, Web Forms |
| language | Arabic, Chinese, Czech, Dutch, French, German, Hungarian, Italian, Polish, Portuguese, Romanian, Russian, Spanish and Turkish |
| Trading Platform | ownership |
| Minimum first deposit | £ / $ / €200 |
| Minimum account size | £ / $ / €200 |
| Minimum transaction amount | Minimum bet size 50p (subject to margin requirements) |
| bonus | Adjust the deposit amount from 20% to 50% based on the deposit amount. Up to £5,000 Bonus |
| regulator | British Financial Action Authority |
| Deposit Method | Major credit cards and bank transfers |
| How to Trade | Spot Forex, CFDS, classic binary options, 60 second options, long options, pair options and spread bets |
| Number of assets | N/A |
| Asset type | Currencies, Commodities, Indices, Stocks |
| Tablet trading | ✔ |
| Mobile Commerce | ✔ |
| Composite score | 92/100 |
ETX Capital, formerly known as TradIndex, is a leading provider of online trading services owned by Monecor Ltd. owned and managed. Based in London, England, ETX Capital is regulated by the Financial Conduct Authority (FCA) under registration number 124721. Operating since 2002, ETX Capital is not new to the online industry. Indeed, the parent company Monecor Ltd has been around since 1965. With a single trading account, ETX Capital traders can trade on four types of trading platforms with access to over 6000 different products. ETX Capital does not offer the benefits of social traders to traders, but still offers a lot.
Trading platform and features
Unlike most other brokers, the biggest advantage of ETX Capital is that traders can access four types of trading platforms with just one trading account. Traders on this platform can trade binaries with the ETXBinary platform with a single trading account, decentralize betting with ETX traders and find forex with TraderPro. For more advanced traders, ETX Capital also offers the benefits of the popular MetaTrader4 platform. With the MT4 platform, traders can spend more time on market analysis by customizing their trading activities with EAs.
In addition, all the platforms mentioned above are also mobile compatible. ETX Capital simply downloads the free trading app from Google Play or the Apple Store, so traders can easily access their trading account from anywhere in the world on their smartphone or mobile device.
Market Series
ETX Capital’s traders have access to more than 6000 different types of financial assets via trading platforms. For Forex leverage is only 1:30 due to ESMA restrictions.
Trade Accounts
ETX Capital offers traders only one standard type of trading account. Opening a live trading account is a simple process and only takes a few clicks. To make things easier, ETX Capital only requires a minimum deposit of £/$/€200 depending on the currency you choose as your trading account. You can also use a demo account if you want to test your trading platform first before the trader deposits real money.
Customer Support
Customer Support is standard ETX Capital is recommended. Support services are not available 24/7, but in several main languages: Arabic, Chinese, Czech, Dutch, French, German, Hungarian, Italian, Polish, Portuguese, Romanian, Russian, Spanish and Turkish. The only downside to the support service is the lack of live chat. All support requests should be forwarded via email or toll-free Universal International Freephones (UIFN).
For spreads, payouts and bonus spreads, traders can choose between fixed spreads (ETXTrader) and variable spreads (ETXCapital & ETX MT4). The lowest spread starts at 0.7 pips against the popular EUR/USD pair. The bonus rises to 60%. However, to receive the bonus, traders must deposit a minimum deposit of £/$/€1000.
Conclusion Although
This broker is not the biggest broker, it still has a lot to offer traders in terms of quality service. Besides in the form of trading with various trading platforms, the traders of ETX Capital can enjoy very close distribution, as well as dedicated customer support.