The same number of days applies for this kind of deposit too. Deposits made with debit or credit cards can be in GBP, USD, EUR, CZK, DKK, NOK, ZAR, CHF, NOK, or PLN. As a trader, you can have over one trading account on the ETX Capital broker, and also for each of the trading platforms available. One can register over five trading accounts with ETX Capital. You can always contact the broker if need be that you want to have more than five accounts on the platform.

For example, traders from Dubai will be calling the same number as someone in Dublin. Education– There is an array of free educational material available to traders, including seminars, tutorial videos, user guides and manuals. Demo account– Prospective forex, CFD and spread betting users can have a trial version of ETX Capital. lexatrade This is great for honing the craft and trying out ETX Capital’s software. Recent regulatory changes have meant ETX Capital has removed many of its incentive deals for deposits. Incentives now focus on ‘adding value’ to traders, so a deposit of any size, for example, secures a free trade course and similar benefits.

Market choice– There is no shortage of products and instruments to choose from. As a result, the broker is a logical choice for both novices and finance gurus. Automated trading– The MT4 platform allows for APIs and extensions so you can enlist the services of trading robots and EAs. Education– The broker offers a vast range of free educational resources – training modules, video commentary, downloadable files and more.

It’s important to note that these types of charges are hard to find on the broker’s official website, making the fee structure not very transparent. Excellent brokers, clean execution good personal support, and honest education. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.

ETX Capital

There are many educational tools as well to enhance your trading experience. The fact that there is a free demo account means you can brush up on your skills before you trade with this particular broker. To meet the requirements, you need to meet two out of three criteria. The first is to have over €500k worth of assets which includes your house if you own it. The other two are that you must have relevant experience in financial services and have traded at least ten times in the last four quarters. In return for being a Pro trader with ETX Capital, you will benefit from some additional perks.

And by providing several trading platforms, both mobile and desktop, as well as online, it seems that this firm has all the options to suit any kind of investor. Unlike top binary options brokers, ETX Capital offers only a single type of trading account. Visit their website and open your account easily by investing just £/$/€100. You can utilize the demo account to learn more about the trading platforms and their features before you invest real money.

Toll-free number or a direct number to the new accounts office where hours are 8 a.m. ETX Capital does deploy the market maker model but does not trade against clients in compliance with FCA rules to prevent misconduct. It is ideal to use an option besides the bank or credit/debit card used for day-to-day financial operations.

ETX Capital are a London based, FCA regulated broker offering tight spreads across a wide range of markets. ETX are offering a FREE trading course to new clients, and free guaranteed stops on the TraderPro platform. ETX offers trading on MetaTrader 4 and its own proprietary trading platform, Trader Pro. Winner of numerous awards, the ETX TraderPro software was designed for experienced traders with advanced charting, and numerous drawing and risk-management tools.

The spreads start at just 0.025 points for those who wish to trade in commodities. The TraderPro platform also offers guaranteed free stop losses. This is a great benefit for traders who love using stops for risk management.

ETX Capital can trace it’s roots back to 1965 when it was incorporated Monecor as a member of the London Stock Exchange. In 2002 it enabled trading for retail clients through its TradIndex brand. It even had a shopfront in The City of London, round the corner from the office when I was a stockbroker 20 years ago on Mansell Street. You could pop in to open an account, in the same way as booking a holiday with a travel agent.

There is available ETX Capital bonus that can boost your investment. And when you use this platform the profits can reach 100% per trade, though the average profit range is around 80%. ETX Binary is the newest offering from ETX Capital, a well respected brokerage firm with over a decade of experience in the spread betting and CFD markets. Based in the heart of London’s financial district, ETX Capital is authorised and regulated by the UK’s Financial Conduct Authority.

The MT4 community is vast, as is the amount of text and video resources to support new and experienced traders alike. The customized workspaces ensure individual flexibility, a feature that more and more clients demand from a competitive trading platform. ETX Capital’s non-trading fees are lower than other similar brokers. As you can see from the table above, ETX Capital’s trading costs are included in its variable spreads. Spreads widen or tighten depend on trade volume and market volatility. ETX’s trading fees are average compared to other similar brokers.

The FSCA became a primary destination amid a trusted regulatory environment, with a time zone equal to continental Europe and English as the primary language. The move by ETX Capital displays a deep understanding of the requirements of its traders, and the FSCA license remains a strategic move to ensure it can expand its business. Competitive asset selection with market-leading Forex and cryptocurrency pairs.

Who owns ETX Capital?

Overall, ETX Capital’s trading costs are slightly lower than the industry average on the TraderPro platform but slightly higher than average on the MT4 platform. When making this calculation, we used one lot of EUR/USD as a benchmark as it is the most commonly traded currency pair and it usually has the tightest spread. As a long-established, publicly-listed financial company with strict regulation and frequent industry recognition, we deem ETX Capital a safe broker.

Everything was perfect as i was losing about 20K, the moment my account became green the problems arrived. Unfortunately since MIFID 2 was implemented they only offer FX . Commodities and Indicies have gone, probably something xtb platform to do with them being futures rather than spot and MIFID 2 rules on pricing. That said I never saw a problem with the futures prices when they were there. Indicies had limited expiries so I didn’t trade them on ETX anyhow.

OvalX UK Customer Service

ETX Capital has expanded significantly in the last few years, with the company’s website now available in 17 different languages. ETX Capital’s unique trading platform features an HTML5 interface that allows traders to trade approximately 6,000 different assets easily. However, a lack of research support is still a considerable disadvantage. TraderPro and MetaTrader4 are two mobile trading platforms offered by ETX Capital. TraderPro is a mobile app that works on both iOS and Android smartphones. The mobile trading platform has a different design from the web trading platform, but the functionality is the same.

Because of this, you may benefit from straightforward and direct trade access, plus low costs. There are also other benefits with larger deposits, such as free trading courses and similar rewards and deals. Inside your account field, you can display your current account value, and then determine whether to withdraw any of your money.

If they could bring the other assets back, with the same expiries offered for FX, I’d give them a 4.5. Consequently, the total profit made of 13,641.93 EUROs on these trades was deemed void and therefore deducted from your trading account. Consequently, the total profit made on these trades is deemed void and therefore have been deducted off your trading account.

ETX Capital Bonus Scam Conclusion

There are different numbers for an existing account and a new account. Existing accounts are to make use of the numbers listed for them. While new users are to make use of the numbers of customer support listed for them, if you want to locate them physically, you can get their physical address on the website. The ETX Capital company has made it part of the trade to go to different trade events across the globe. Traders at the trade events can get to meet business introducer’s clients, affiliates, and clients.

So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products. The platform may get some time to get used to but it has useful features and solid functionality. The website is clean, with well-structured information and is translated in 11 languages.

Trading Platforms

OvalX is an online trading name of Monecor Limited, the firm headquartered in London and authorized by the Financial Conduct Authority, as well as the active member of the London Stock Exchange. For the negative side, conditions are not very clear and instruments might be limited to CFDs only. OvalX is a good broker with quality trading platfroms, low costs and education section.

OvalX has low non-trading fees.It does not charge an account fee, and there is no withdrawal fee for the first 5 withdrawals each month. We also compared OvalX’s fees with those of two similar brokers we selected, CMC Markets and HYCM. This selection is based on objective factors such as products offered, client profile, fee structure, etc.

Your trading currency fee can be viewed on the ETX Capital trading website. There are over 31 currencies on the platform, making it not easy to list them all in this article. So depending on your chosen trade as a trader, you may either feel bearish or bullish about the longevity of the particular market. MetaTrader 4 is one of the most popular trading software for many years. It is highly customizable and if you are able to program you can develop your own indicators or trading systems. Trade more than 6,000 markets without commissions and professional platforms.

These are good quality and cover assets ranging from forex to stocks. OvalX offers only MetaTrader 4 as a fusion markets review desktop trading platform. The product portfolio is also limited, covering only CFDs, forex and crypto.

Use the MetaTrader 4 version of the ETX trading platform while you familiarise yourself. While card withdrawals on OvalX are processed instantly, it takes 24 hours to receive funds transferred via e-wallets and 2-5 business days to receive withdrawals made to bank accounts. Deposits and withdrawals are free of charge, there are no commission fees for opening or closing trading positions and spreads start from around 0.6 pips for major pairs like EURUSD. You also pay swap fees for holding a position open for more than 24 hours. However, they offer demo accounts for beginners to become familiar with the platform before they start trading with real money.

Our ultimate guide to the OvalX minimum deposit is updated regularly. We tested both TraderPro and MetaTrader 4 research tools, but primarily reviewed TraderPro because it is OvalX’s own platform. OvalX hasclear portfolio and fee reports.You can easily see your profit-loss balance and the commissions you paid. To set email or mobile notifications, you have to provide your email address and your mobile MetaQuotes ID (it can be found in the MT4 app’s settings). You can enter this information by going to ‘Tools’ and then ‘Options’. The search functions are OK.The assets are grouped by category.

Though the basic market spread is broader since a 3-day position is done instead of one. Also, for FX, interest, the summation is based on the particular currency used in trading. Just as mentioned earlier, the minimum deposit condition on the ETX Capital platform is $250, or it’s equal in your chosen currency. Deposits can be made through bank transfers or wire transfers in different currencies such as USD, GBP, EUR, ZAR, SEK, SGD, PLN, NOK, CZK, HKD, AUD, CHF, CAD, or HRK. Deposits take a minimum of one business day, while withdrawal is about two to three days.