ETX No longer offer binary options.

They still offer forex and CFD trading.

 

Broker	ETX Capital
Headquarters	London, UK
Support Types	Email, Telephone, Web Form
Languages	Arabic, Chinese, Czech, Dutch, French, German, Hungarian, Italian, Polish, Portuguese, Romanian, Russian, Spanish and Turkish
Trading Platform	Proprietary
Minimum 1st Deposit	£/$/€200
Minimum Account Size	£/$/€200
Minimum Trade Amount	Minimum bet size of 50p (Subject to Margin Requirement)
Bonus	Deposit match from 20% to 50% based on deposit size. Up to a maximum bonus of £5000
Regulator	Financial Conduct Authority, UK
Deposit Methods	Major Credit Cards & Wire Transfer
Trading Methods	Spot Forex, CFDS, Classic Binary Options, 60 Second Options, Long Term Options, Pairs Options & Spread Betting
Number of Assets	N/A
Asset Types	Currencies , Commodities , Indices , Stock
Tablet Trading	✔
Mobile Trading	✔
Overall Score	92/100

Formerly known as TradIndex, ETX Capital is a cutting edge online trading services provider that is owned and managed by Monecor Ltd. Based in London UK, ETX Capital is regulated by the Financial Conduct Authority (FCA) under the registration number 124721. Operating since 2002, ETX Capital is no newcomer to the online trading industry. In fact the parent company, Monecor Ltd, has been around since 1965. With a single trading account, ETX Capital’s traders can trade with four different types of trading platforms with access to more than 6000 different instruments. While ETX Capital doesn’t offer their traders the benefits of social trading, they still have plenty to offer.

Trading Platform & Features

Unlike most other brokers, a key advantage to ETX Capital is the ability of traders to access 4 different types of trading platforms with just one trading account. With just a single trading account, traders on this platform can trade binaries with the ETXBinary platform, spread betting with ETX Trader and spot forex with TraderPro. For the more sophisticated traders, ETX Capital also offers them the benefits of the popular MetaTrader4 platform. The MT4 platform allows traders to customise their trading activities with expert advisors (EAs) leaving them with more free time to concentrate on their analysis of the markets.

In addition, all the above mentioned platforms are also mobile compatible. ETX Capital has made it easy for their traders to access their trading accounts from anywhere around the world with just a smartphone or mobile device by just downloading their free trading apps from Goole Play or Apple Store.

Markets Coverage

ETX Capital’s traders can access over 6000 different types of financial assets with their trading platforms. For Forex, the available leverage is now just 1:30 due to ESMA restrictions.

Trading Accounts
ETX Capital only offers one standard type of trading account for their traders. Opening a live trading account is a simple process and only requires a few clicks of the mouse. To makes things even easier, ETX Capital only require a minimum deposit of £/$/€200 depending on the currency chosen for the trading account. Demo accounts are also available in case traders wish to test out the trading platforms first before they commit any real money.

Customer Support
The standard of customer support at ETX Capital is to be commended. While the support services are not available 24/7, they are available in several major languages such as Arabic, Chinese, Czech, Dutch, French, German, Hungarian, Italian, Polish, Portuguese, Romanian, Russian, Spanish and Turkish. The only drawback with the support services is the lack of live chat. All requests for support have to be channelled through the email or through a toll-free Universal International Freephone Number (UIFN).

 

Spreads, Payouts & Bonuses
As for the spreads payable, traders can choose between fixed (ETXTrader) and variable spreads (ETXCapital & ETX MT4). The lowest spread starts from 0.7 pip for the popular EUR/USD pair. As for bonuses, they go up to as high as 60%. However, in order to qualify for the bonus, traders are required to place a minimum of £/$/€1000 in deposits.

Conclusion
While this broker might not be the largest broker around, they still have a lot to offer to traders in terms of quality services. Apart form being able to trade with multiple trading platforms, traders at ETX Capital gets to enjoy ultra tight spreads as well as dedicated customer support.