ETX Capital is a forex broker that belonged to a top finance company in the UK called ETX Capital Finance. Ever since the company was founded in 2014, they have been experiencing a significant growth every month.
The maximum returns that traders can earn while trading at ETX Capital is up to 85%, ETX Capital has a minimum investment of $10 and a maximum investment of $2000. You can choose from 17 currencies when you sign up for a new account. They accept all the countries around the globe excluding traders that are from the North America.
Opening a New Trading Account
ETX Capital only offer one type of account with the minimum deposit requirement being $100. It offers tight spread that starts from 0.7 pips for EUR/USD and 3 pips for commodities. Some major indices have a minimum spread of 1 pip.
ETX xTrading Bonuses
It offers bonuses that depend on the level of initial deposits you make. They offer a 30% welcome bonus if you deposit in between $250 – $499. If you deposit $500 – $999, you will qualified for a 40% welcome bonus. Traders who deposit in between $1000 – $4999 will receive a 50% welcome bonus. They will credit a 30% welcome bonus into the accounts of customers who make an initial deposit of $5,000. Thus, the minimum bonus is $75 while the maximum bonus is capped at $20,000.
ETX Capital offers three types of trading platforms including ETX Trader Pro, ETX Binary & ETX MT4. In the ETX Trader Pro, there are more than 100 assets to choose from and most of the assets are stocks. There is also a small selection of currency pairs, commodities and indices. There are 4 types of options including standard call/put, 60 seconds, long term and pair options. The expiry time range from 30 seconds to 1 day and beyond.
The trader choice feature allows you to copy on the strategies of the top traders. There are plenty of trading tools, trailing stops and alerts. The ETX Trader Pro platform offers the lowest spreads and fully customizable charts that are equipped with technical indicators.
The ETXMT4 is designed for professional traders as it offers many advanced charts. The MT4 platform also has a feature that enables you to automate some of your trading activities. ETX Binary is suitable for people who enjoy fast paced trading and just want a platform with the simple function of call and put. ETX Capital supports mobile app so you can trade on your mobile phone when you need to move from places to places.
ETX Capital offers many webinars that can be freely joined by traders. You can take part in the webinar live or you can watch the recorded webinar if you have no time. The video tutorials cover many topics on binary options trading.
ETX Capital has a toll free telephone number that won’t charge you any calling fee. They also have a telephone number which international customers can call. You can also email their customer support if you have any issue with your trading account. The customer support hours is from Monday to Friday, from 7:30 a.m. to 9:00 p.m. (London Time), There is a FAQ section that addresses questions that are commonly asked by traders. ETX Capital’s multilingual customer support is available for several languages including English, German, Russian, Turkish, Irish and Italian.
ETX Capital accepts 3 types of deposits/withdrawal methods including bank wire, direct deposit, credit card, Skrill and Neteller. ETX Capital accepts all major credit cards except Amex. It takes about 1 day for the deposits to arrive in your account. For credit card and bank wire withdrawal, it will about 2 – 3 days to see the funds in your account. If you withdraw via Skrill/Neteller, it will take 3 – 5 days for the funds to arrive. Deposits/withdrawal via Skrill and Neteller only supports 3 types of currencies including GBP, USD and EUR. No fee is charged when you perform a deposit or withdrawal.
ETX Capital – Scam or Legit?
In conclusion, ETX Capital is a forex broker that offers a user friendly platform and attractive sign up bonus. They have a low minimum investment and the return rate is fairly high compared to other brokers.