ETX Capital Withdrawal

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a Complete Guide for Binary Options Trading

ETX Capital gives a wide range of trading assets and reliable financial markets to its traders. It is a safe broker since it is also authorized by FCA. Unlike most brokers, it has been rendering its services for the last ten years and has been approved among the best binary options trading brokers. The ETX Capital Withdrawal is a simple process and it can be done using either of the following money transferring methods: Amex, Skrill Moneybookers, Visa and MasterCard. These payment methods offer a secure and fast transaction of the traders funds. The ETX Capital is known worldwide for its cutting edge modern technology which provides its worldwide traders with an opportunity to access more than 6000 financial markets. It also offers very competitive markets prices which are managed by the ETX Capital award winning panels.

For the binary options trading beginners, the ETX Capital provides a very friendly environment for them. This includes a welcoming bonus of up to 60% that is given to all newcomers once they make their first deposit of their funds. In addition, the safety of the trader’s funds is the primary objective of this binary options broker; this has enabled the broker to built up trust of its customers.

Both professional traders and newbie traders are very much interested in knowing how the ETX withdrawal process is carried out. In the ETX withdrawal, in order to initiate the withdrawal process, the trader is required to click on the control panel in the Accounts section. Then the trader will have to fill an online form concerning the withdrawal. The payment method that is used to withdraw the cash should be same payment method that was used to deposit the funds. The withdrawn amount should not exceed the deposited amount at a go. However, if the payouts are more than the initial deposit, the trader can send the amount through the basic deposit via another source.

Once the ETX Capital Withdrawal request has been sent, it takes about 5 days to receive the funds in your bank account. Although this may sound slow, if you have had an experience of with other brokers, you will realize that most brokers take more than 2 days to process the withdrawal requests. With ETX Capital, so as to make the transaction process faster, the trader should verify their trading account before asking for a withdrawal request. The verification process with ETX Capital only requires a scan of a credit card, utility bill and ID card that has a photo on it. These documents help the broker by providing proof that the trader is real and that the funds are going to be withdrawn to right account.

In order to capture the interest of new traders, ETX Capital offers a range of promotions such as a welcoming bonus, refer to friend bonus and high payouts upon successful trades. These offers can are supposed to used for investment in trading but cannot be withdrawn immediately after being issued. According to the terms and conditions, the traders must hit at least 30X trade target before requesting to withdraw the bonus amount.

ETX Capital Traders are offered customer support in twelve different languages so that every trader can understand the ETX Capital Withdrawal terms clearly no matter his or her place of origin. If there is any issues, traders should contact the customer support team for a satisfactory response about their queries.

Are There Any ETX Capital Complaints?

If traders do not get the desired services from a broker, they are bound to start suspecting about services offered by the specific broker. So far, binary options traders have not made any complaints against ETX Capital. Actually, the traders seem to feel confident while trading binary options with this broker.

The ETX Capital is a dynamic broker that offers a variety of options to traders. They use the SpotOption software interface which enables them maintain their level of performance. Trading option like the Pair trading, High/Low, 60Seconds and Long Term are easily accessible depending on the trader’s preference. This broker is preferred by traders who desire to lose less than their invested amount and also desire to trade on up and down prices. Also, their low risk environment and low fixed spreads ensure that traders keep on investing more and more amount with this broker.

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In most cases, brokers get registered but they keep some terms and conditions out of sight; but this is not the case with ETX Capital broker. ETX Capital provides indicators and educational tools for learning the binary options trading techniques. Their high payouts, minimum deposit amount, range of bonuses, minimum investment, and bonus trading terms are all very clearly described in order to make each and every of their aspects clear. This is the reason why traders rely on this broker’s trading platform.

If you get to the ETX Capital Complaints section you will realise that it has no serious complaints against their funds transfer, payouts or bonus terms.

If you want to use automation, trailing stops, live signals, customizable charts, webinars and market reviews, to trade, this broker provides a very ideal environment for trading. Traders are guaranteed that funds their funds are secure since strict action can be taken by the authorities if something unscrupulous happens.

The ETX binary broker also ensures that their customers are able to trade through their mobile platform as well as PC. The wide range of assets, binary trading options, expiry times and high profit range ensure that traders enjoy investing their funds.

For security purposes, traders who are registered with the ETX Capital need to register their trading accounts for them to carry out depositing of funds or withdrawal of profits. For verification during the registration process, the trader will be required to provide copies of credit card, utility bill and ID documents.

The ETX Capital Complaints are not witnessed since the broker has an excellent customer support team. The team provides round the clock support in various languages. The customer support team is known for their prudent tackling of the issues raised by their customers hence no chances of any complaints arising.

Is ETX Capital a Scam?

When choosing a trading platform for binary options investment, traders should make sure whether it is a legitimate broker or a scam. With this in mind, ETX Capital is one of the legitimate trading platforms that have earned itself a top position in online binary options trading industry. This broker is regulated and approved by UK authorities and FCA.

With the current trend, the number of binary options brokers is increasing day by day. It has therefore become very important for professional as well as novice traders to take note of scammers since a lot of fiscal scams are being reported in a frequent basis. It is therefore also very important for a trader to choose a reliable broker for account registration. And with ETX Capital broker, it is included among the top listed responsible brokers that are providing exceptional binary options services. But the newcomers need to understand the terms and conditions of ETX Capital when they are depositing their funds.

ETX Capital is not only designed for professional traders but also for the beginners. It only requires a minimum deposit of $250 to enroll yourself in the world of profitable trading. ETX Capital also offers up-to-date trading tools as well as educational tools to its traders, making it to attract many traders. Due to the convenience of novice traders, this broker also has a demo account service where beginners get to trade using virtual money, get experience of the real trading world, examine their capabilities and improve their performance by analyzing the market trends and obtaining trading information from webinars, videos and live signals.

This broker has utilized their experience and expertise to offer credible, suitable and secure trading platform to traders from all countries except the USA traders. This is as a result of the variety of services, which also attract thousands of traders to join this broker and take part in binary options trading on a routine basis.

To that extent, the ETX Capital is an authorized broker with satisfactory performance and has a record of offering trustworthy binary options trading services. Since the founding of this broker, it has worked to maintain excellency. Binary Options Traders rely on ETX Capital because of their fair dealings and clear description of their services. Some of the features of this platform which grab the attention of many include the 24/7 customer support, demo account services and ability to keep in touch with the financial market through mobile devices.

ETX Capital Login

ETX Capital was launched with an aim of introducing high technology while still providing reliable trading platform to binary options traders. They have a organised process that is designed for the account registration. When registering, the traders is only required to provide their username, email address and location for safe and fast registration. But for deposition of funds the process is a bit complicated. Since a broker is liable for the funds safety, valid information is required so as to verify the trader’s location and address. That is the reason as to why the trader is asked to submit copies of their national ID card, driving license and a utility bill so as to activate their account. The Verification process only takes a period of 24 hours. When registering for an account with this broker, it is up to the traders to select their preferred currency type and payment method for the initial deposit. Once logged in with ETX Capital you unlock a trading world where thousands of assets are offered to choose from.

Comparing ETX Capital with any other platform, it is preferred by most binary options traders due to user friendly trading platform and their four trading account types with a maximum of $20,000 bonus, a minimum deposit of $250 and a low investment amount of $10. With ETX Capital all their account holders are awarded bonus depending on their initial deposit. The broker offers a variety of trade options which include the 60 seconds, High/Low, Pair Options and Long Terms options.

For the sake of money transfer methods, ETX Capital allows the use of Skrill Moneybookers, Amex, MasterCard and Visa for depositing and withdrawal as well. So as to the enhance of the customer’s funds, the account is verified before depositing funds.

During the ETX Capital Login process, traders are also supposed to select their account type. For the Newbies, it is recommended that they sign up for a demo account so as to learn some basic binary options trading strategies and market trends. Actually, in the demo account, there is no loss of actual money since the investment is made through virtual money. For every real account type, there are specific requirements.

The login process is also possible through the smartphones. The trader only needs to download the mobile application and get login to their account by feeding in their username and the authentic password.

ETX Capital Minimum Deposit

The ETX Capital Minimum Deposit makes it possible for new traders to register for a trading account and enjoy a welcome bonus as well as high payouts. Traders can deposit their funds in form of three currencies which are: GBP, EUR and USD. Professional traders and newbies are welcome to invest their money depending on their financial status. The broker offers 4 types of real accounts where different percentages of welcoming bonus are given along with other trading supportive tools.

Although the registration of an account is simple, the verification process needs several documents. All traders who are registering for a new account with ETX Capita are requested to submit their real address, contact number and name. For the purposes of verifying the provided information, a scanned copy of a utility bill, driving license and ID card with the traders photo is required. If all the submitted documents and the provided information match, the account is verified and the trader is allowed to deposit money into the account.

Irrespective of the trader’s account type, a trader is only allowed to trade in a single currency which is selected at the time of the account registration. The trader should keep in mind that the currency type cannot be changed after the trader have deposited the initial funds. For the purposes of depositing funds, Skrill Moneybookers, Amex, Visa and MasterCard are the allowed options.

The log in process only requires that the trader provides the correct information; username and password. Failure to do so will make the trader to be barred from accessing his or her own account. But if the trader has forgotten his password or username he or she can contact the customer support team and they will guide them accordingly.

The ETX Capital trading platform is dedicated to making the trading terms simple and easy for traders. This is even the reason behind the introduction of their mobile services. All traders registered with this broker, except USA nationals are encouraged to utilise the mobile application when registering an account, for the verification process and when depositing funds if they can’t access a computer. The trader can get logged in to his or her account anytime through the mobile application and invest at least $10 to start trading.

By depositing the minimum required deposit, binary options traders can access the regulated and authorized ETX Capital binary options trading platform. Even after the trader makes the ETX Capital Minimum Deposit, the trader should not try to invest all the deposited funds in their first trade. It is recommended that the trader should go for the lowest investment especially for beginners, since they are not well versed with the trading terms. It is very likely that if they use all funds in the first investment/trade and the result is not as expected, there are very high chances that they will never invest in binary trading any more. The best way is to use the minimum investment possible so as to receive maximum profit.

Monecor (London) Limited Information ETX Capital

Although the ETX Capital are not exclusively a binary options broker since they also offer other services like Forex and CFDs trading, they have stood out in a very competitive market due to their excellent services. The company running the ETX Capital broker is Monecor (London) Limited, which is a UK based and authorized financial services provider that provides a multi-asset securities trading around the world. Monecor (London) Ltd has a very long history in this industry and guarantees safety for traders through their UK license. This UK company makes sure that all trades are done according to the rules and regulations. Therefore, traders can be sure that when they are trading with ETX Capital, they are entitled to getting the best trading services.

Monecor LTD was started in 1965 and later became a participant of London Stock Exchange. The company entered online financial services in 2002, by starting TradIndex, which was a proprietary platform to offer retail securities trading services. Later, Moniker (London) Limited merged with a consortium which included the JRJ Group (United Kingdom) and the BXR Group (Netherlands). Following this merger, the platform was re-branded as ETX Capital. Then they also added ETX Binary as one of the supported trading platforms for binary options trading. During the years they have seen a growth in their international presence in France, Italy, South Africa, Germany, Greece, Spain among other countries.

In 2020, after launching their ETX MT4 metatrader platform, they also spread their services to Denmark, China and Romania. Then in 2020, they launched the ETX Binary in 2020 and designed the Russian, Slovenian, Turkish, Polish, Arabic, Czech and Hungarian versions of their website.

ETX Capital: Login, minimum deposit, withdrawal time?

ETX Capital will have traders intrigued by the website’s flow and feel. Its distinct nature, not to mention user friendly interface, will introduce newer clients with ease to the trade game. However, does ETX Capital have what it takes to retain all customers, both rookie and pro?

Monecor (London) Limited is the holding company. Traders will be happy to know that the Financial Conduct Authority (FCA) authorizes and regulates ETX Capital with the utmost attention to detail. The FCA’s main task is to enforce the laws that concern the financial market in the UK. The clients have the right to a compensation of up to £85 000 if the broker is unable to pay its debts.

The tight spreads on ETX Capital shrink the distance between profit and loss with EUR/USD spreads of 0.7 pips. On the ETX Capital website there is false information that claims their leverage to be from 100:1 on most tradable assets of up to 200:1 on MT4 products. They probably forgot to update it, but this still doesn’t rule out the fact that more unaware traders will latch on to this inaccurate claim:

Currently, ESMA restricts all EU and UK leverage to a maximum value of 1:30.

The numerous assets that can be traded with at ETX Capital are as follows: currency pairs, indices, metals, energy sources, soft commodities, crypto currencies and bonds and/or interests.

The broker services are covered in a range of languages including: English, Spanish, German, Polish, Czech and Chinese.

ETX CAPITAL LOGIN

Although the broker offers only two trading platforms, ETX TraderPro and ETX MetaTrader 4, be assured that the capabilities of these two platforms are utilized to their maximum capacity.

TRADER PRO

Trader Pro does not waste time in immersing you into the world of Forex exchange. It has easily accessible charts, a zoom-in zoom-out feature that proves very hand in certain situations, not to mention an intricate tab system that makes everything 100% easier to access and a drag and drop system that allows for multiple tabs and graphs to be viewed at the same time. The average spread for EURUSD is a fluctuating 0.6-0.8 pips.

As commissioned by ESMA, all UK and EU leverages are limited to 1:30.

TRADER PRO is available to all Windows, iPhone, iPad and Android users so that trades can be done on the go.

METATRADER 4

As one of the leading platforms in the world, even surpassing its successor at times, MetaTrader4 offers its full services to the traders who have chosen ETX Capital as their broker. MetaTrader’s design and interface is by now well known. The platform is abundant in trading options and possibilities, and attractive to users both rookie and pro. The platform also allows for VPS’s hosted by ETX Capital.
The point of the VPS is to let the auto trading bots trade, without worrying that his job will not be interrupted by a power failure or net crash.

Micro-lots are also back, allowing for newer players to trade with less amounts of money. And how can we forget expert advisors that allow for automated trading.

The spread for EURUSD averages the 0.6 pip mark, while levergaes are limited to 1:30 because of the ESMA ruling.

Alongside this goes the fact that the platform is available for both browser and desktop, and on mobile devices to be directly downloaded from the App Store or Play Store. Use the browser version if you wish to avoid downloading a software and/or are not interested in auto trades, however, this version does not allow expert advisors.

ETX CAPITAL MINIMUM DEPOSIT

The minimum deposit for a trader is 100 in all available currencies.

When trading with this broker users will be able to deposit their money using the following methods: Wire/Bank transfer, Online Bank Transfer, Major Credit Cards except for AMEX, China Union Pay, Skrill, Neteller, Sofort and GiroPay.

The platform offers a large array of currencies in which your account is kept. They are as follows: GBP, USD, EUR, ZAR, SGD, SEK, RON, PLN, NOK, JPY, HRK, HKD, DKK, CZK, CHF, CAD, AUD. However, not all payment methods support the entire assortment of currencies.

ETX Capital generally takes up to one day to process all payments.

All methods of depositing are charge-free.

ETXCAPITAL WITHDRAWAL TIME AND FEES

Withdrawals can be done in the following ways: Wire/Bank transfer, Online Bank Transfer, Major Credit Cards except for AMEX, China Union Pay, Skrill, Neteller, Sofort and GiroPay.

The general processing time for all monetary transactions is 1 day; that is the time for the broker to process your request and send it over to your method of choice. From then, it takes up to 2-3 working days for traders to get their full payments from their respective payment systems via Wire/Bank Transfer, Online Bank Transfer and Sofort. All other payment methods can take up to 3-5 working days.

ETX Capital offers 5 free monthly withdrawals for any amount over $100. On the 6th and thereafter, users will be charged $10 until the end of the month, at which point the process resets. Withdrawals below $100 are commissioned with $10.
Note that ETX Capital features an inactivity monthly charge of $25 for all dormant accounts. An account become dormant after 365 days or more.

The website is not clear on the minimum withdrawal amount, and since there is no live chat, we are left to assume that the minimum withdrawal (when considering the fees) is $20, or any other currency.

BOTTOM LINE

Although featuring only two trading platforms, ETX Capital is still a reliable and easy to use broker website with a nice choice of deposit and withdrawal methods. The fact

There are several severe drawbacks, however. The withdrawal fees are somewhat unusual, and the lack of a live chat support will surely lead many people to a state of confusion and, probably, irritation.

Beginner’s Guide to ETX Capital: Complete Review

ETX Capital is a well established and FCA regulated broker with over 50 years in business. The broker has a vast range of markets, industry-leading trading platform, and competitive spreads. They strive to deliver a versatile trading experience for clients and offers a range of educational resources.

ETX Capital provides its customers with access to highly competitive prices for over 6,000 different markets as well as support from its award-winning customer service teams. ETX Capital is based in London but has customer support in many countries.

Monecor (London) Limited is the company behind ETX Capital, which is a trading name of the former. Monecor (London) Limited has company number 00851820. The Financial Conduct Authority (FCA) authorizes and regulates it under the Financial Services Register number 124721. Monecor (London) Limited was established in 1965 and is also on the London Stock Exchange.

Please Note: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

ETX Capital at a Glance

Broker ETX Capital
Regulation FCA (United Kingdom)
Minium Initial Deposit
£100
Demo Account
Yes
Asset Coverage CFDs, ETFs, Forex, Cryptocurrency, Shares, Bonds Commodities, Indices
Leverage 30:1 Retail Clients 200:1 Professional Clients
Trading Platforms Proprietary Web, Windows Desktop, Mobile Apps, Meta Trader 4

ETX Capital Trading Instruments

When trading with ETX Capital, clients get access to thousands of markets which are tradeable. There is the choice of over 50 forex pairs in addition to Cryptocurrencies, commodities, equities, and financial indices. Commodities offered by ETX Capital include five metals, five energy, and nine soft commodities. In terms of equities, you can trade CFD stocks from the U.S., Australia, Singapore, South Africa, or 18 European countries.

Spreads & Leverage

ETX Capital prides itself on offering tight spreads with plenty of leverage. For forex, the spreads from ETX Capital start at just 0.6 pips for EUR/USD, a highly competitive rate. For equities, some stocks have indicative spreads of 0.08. Commodities have minimum spreads starting at 3 pips, and certain major indices have minimum spreads that start at 1 pip.

Many of the products from ETX Capital offer leverage rates of 100:1. Some of the MT4 products even offer leverage of up to 200:1 for professional clients and 30:1 for retail clients.

Accounts Types

Instead of offering separate types of accounts, ETX Capital offers two types of platforms to suit varying trading styles. These are its flagship ETX TraderPro and the ever-popular ETX MT4. Once you open your account with one of these platforms, it is still possible to trade on the other platform. To do so, just email the service desk. They will easily make trading on the other platform available to you since you have already gone through the security process during registration.

It is also possible to hold more than one account with ETX Capital, including one for each of the trading platforms. At any point, it is possible to hold five live accounts with ETX Capital. The broker can work with you if you need to hold more than five live accounts, but this requires a review by its compliance time. To create another account once you have already registered for one, just log into your account and go to the Profile section.

Demo Accounts

ETX Capital also offers demo accounts for each platform. To take advantage of this feature, go to the “Platforms” tab on the website. Then, choose the “Demo” option and follow the prompts. This will let you hone your skills and get used to the ETX Capital platforms without risking real money.

ETX Capital Deposits and Withdrawals

To add funds to your MetaTrader 4 account with ETX Capital, log in and click “Adds Funds.” This will take you through the process. To withdraw funds, log in, visit “Your Account” then click on “Withdraw Funds.” Fill in the required fields, which will include the amount. In some cases, you may need to give more documentation before withdrawals to prevent financial crime. It is also possible to transfer funds between your ETX Capital accounts. To do so, you will need to send an email to customer service that includes the account numbers for the transfer, the amount, your address, and your date of birth.

There is a minimum deposit of £100 or its equivalent in a different currency. You can make a deposit via a wire or bank transfer in GBP, USD, EUR, SGD, ZAR, SEK, RON, NOK, PLN, JPY, HRK, HKD, CZK, DKK, AUD, CAD, or CHF. This will take one working day for deposits and two to three for withdrawals. The same currencies and time periods apply to online bank transfers. You can also make a deposit with a major credit or debit card, other than AMEX. These have a general processing time of one working day and withdrawal arrival time of three to five working days. You can make the deposit with credit/debit cards in GBP, USD, EUR, CHF, CZK, DKK, ZAR, PLN, or NOK.

Those interested in e-wallets will find many options, as well, including China UnionPay, Skrill, Neteller, Sofort, and GiroPay. For each of these methods, there is a general processing time of one business day and a withdrawal arrival time of three to five business days. Sofort and GiroPay only allow deposits in EUR. Neteller and Skrill allow GBP, EUR, or USD. China UnionPay allows GBP, EUR, RMB, or USD.

For payment security, ETX Capital uses the 3-D Secure protocol, which is internationally accepted and adds a layer of security for debit and credit card transactions online. This is done by using XML messages that are sent over an SSL connection with the client authentication. This protocol is automatic, and you will notice that it typically requires you to add a code your bank provides via text or a password.

What Else Should You Know about Deposits and Withdrawals?

Keep in mind that you can only deposit funds into your ETX Capital account from a credit or debit card or bank account that is in your name; the broker does not allow for third-party funding. It is also worth noting that if you deposit funds into your ETX Capital account in a different currency, the broker will convert them using the spot rate from trading close on the previous day. This will increase the length of time it takes for the deposit to be credited.

Withdrawals always go back to the original source of the funds. If this is not possible, ETX Capital will need to first confirm that this is the case. From there, the Customer Service team will let you know the documents that you need to send. It is usually possible to withdraw back to a credit/debit card that has since expired, but if the issuer of your card refuses this payment, the above process will apply. If the funding bank account has been closed, or your credit/debit card was stolen, ETX Capital will need a letter from you detailing this as well as a bank statement for the preferred withdrawal method. You can cancel a withdrawal from your ETX Capital account via the specific withdrawal email address or by phone.

There are no withdrawal fees for the first five withdrawals each calendar month from ETX Capital, provided the withdrawals are at least $100. For withdrawals past this point, there is a fee of $10 per withdrawal. That same $10 fee applies to withdrawals below $100. The maximum withdrawal fee is $10, even if both conditions are met.

ETX Capital Fees

It should be noted that ETX Capital does charge an inactivity fee for accounts that are dormant. These are charged in per month and there are specific fees depending on the currency in question. You can view the fee for your account currency on the Payments page of the ETX Capital website. There are 31 different currencies, making it impractical to list them all. That the time of writing, some of the most common currencies with their inactivity fees include:

The broker also has overnight financing charges. For commodities, indices, and equities, the charge is (total position size x 3.5%)/365. In the case of a weekend roll, this charge only gets applied once although the underlying market spread is larger since you roll the position three days instead of one. For FX, the interest calculation depends on currencies in question. You can view full details of overnight funding and financing fees in the FAQ section of ETX Capital’s website.

ETX Capital Promotions

ETX Capital does offer promotions. These vary at any given moment, so the best way to discover the current promotions is to talk to your Account Relationship Manager. Promotions do expire, and you can check the expiration date of your promotion and how much of it you have earned so far by contacting customer support, either via email or phone.

ETX Capital Trading Platforms

To help clients trade on the go at their convenience, ETX Capital offers mobile trading platforms for Android and iOS devices in addition to the desktop platforms. Overall, there are two main platforms to choose from when trading with ETX Capital on a mobile device or desktop. Each of these is specialized and suits traders of a particular trading style.

ETX TraderPro has tight spreads and customizable trading charts. This makes it a great choice for accomplished traders who want to embrace risk to increase their chances of significant returns. This is the flagship platform from ETX Capital. It includes an assortment of charts and graphs, plus thousands of products to trade.

ETX TraderPro lets you choose from a range of charts and use various drawing tools to come to trading conclusions on your own, making it great for advanced traders. The platform is very direct, letting you open the chart for a product and trade on it right away to save time and reduce the risk of slippage. The platform includes a pip calculator tool and has drag-and-drop capabilities, so you can position trading deal tickets where you want. You can also create watch lists and view detailed information on any product via the platform.

Alternatively, clients of ETX Capital can trade on ETX MT4, the broker’s hosted MT4 platform. This platform makes it possible to bring a downloaded automated expert advisor. In addition, ETX MT4 lets you have multiple charts open at the same time, letting you access all the market info you need simultaneously. MT4 also supports micro lots and hedging. There is also the choice of using Virtual Private Server hosting on MT4, so you can ensure your copy signal providers and Expert Advisors work 24/7.

When you look at the trading boxes, you will notice rates displayed. These are quotes prices for assets. You should keep in mind that ETX Capital’s rates are not always the same as the exact market prices, with some variations of up to several pips. The rates listed, however, are those at which ETX Capital is willing to sell a given option for. On the trading platform, green shows a rise in price while red shows a fall in price for the rates.

How to Trade with ETX Capital

To begin placing a trade, you must log into your account. From there, the steps vary slightly depending on the platform you choose to use.

With ETX TraderPro, begin by choosing the product you want to trade then select “Trade” on the right. This will open a trading ticket that shows the current levels at which you can buy or sell. You can also set the quantity to trade. Adjust the amount then select “sell” in red or “buy” in blue.

With ETX Binary, click the product you wish to trade, which will automatically open the trading ticket. Your choices will depend on the Binary option’s nature. You may see buttons for “Call” and “Put” or options for “Up” and “Down,” along with numbers that change based on the current product price. There will also be a drop-down box that may offer expiration times for your trade. The form will ask you to input the amount you want to trade. As you update the information, the payout calculator will also update, letting you know your potential payout in the case of a successful trade. When you are happy with the form, select “Invest” and your trade will be placed.

With ETX MT4 begin by selecting “New Order” by the top trading bar. This will open a new window. There, click on the “Symbol” drop-down tab. There, you will select the product to trade. Then, enter the amount to trade and potential levels for a stop loss or take profit. From there, you can select the “Sell by Market” button in red or “Buy the Market” in blue.

To place an Order to Open, click on the “Order” tab, which will open a New Order window. Choose the level to buy or sell, adjust the other fields, and select “Place” to confirm the Order to Open. You can modify an Order to Open by opening your order book and clicking “Amend.” This will open a window called “Amend Order.” Make your changes and hit “Amend.” Keep in mind that slippage will sometimes occur, and it will not be possible for a limit or stop order to occur at the specific price you indicated. Stop Loss orders are not guaranteed unless this is agreed upon.

ETX Capital also makes it simple to find a minimum Stop Distance for your chosen market. Click on the market or find it via the search bar. Generate a new deal ticket by clicking “Trade.” Then, click “Advanced” and then “Stop.” Now, you can decrease the Stop level with the arrow keys. When you cannot decrease any more, this is the minimum Stop Distance.

On certain markets, ETX Capital also offers guaranteed stop losses. However, this will incur an added charge. That charge is displayed right on the deal ticket when you make your selection, so there are no hidden fees or surprises.

When Will ETX Capital Close Positions?

Sometimes, you may notice that a previously open position has been closed. This can happen due to a range of reasons, including that you had a Limit or Stop order set on the position, which was reached and executed. It is also possible that your position closed because of a margin call. Another possibility is that you traded on a futures contract that reached its expiration date. To avoid this problem, you can call ETX Capital before the contract expires to roll it over until the following expiration date.

If you notice the figure for your “Trade Funds Available” is negative, you can either close the current position or add funds to your account. If you do not act, the Risk Department may close or partially close your position.

How Do You Know Your Available Trading Funds?

You can determine your available trading funds by taking your liquidation value and subtracting the margin needed for open trades. When this figure is positive, it shows the quantity that you currently have available for trading. If it is negative, that is the amount you must deposit before having enough funds to trade again.

Can You Hedge with ETX Capital?

Sometimes, traders want to order two positions on the same market in opposite directions or hedge. This is allowed on the MT4 platform. On the ETX TraderPro platform, some instruments will offer this ability. If this is the case, you will notice the word “hedge” in brackets right next to the instrument’s name.

Minimum & Maximum Trade Sizes

The minimum deal size depends on the instrument. In most cases, you can trade from just 0.50 pips per point on a micro lot with CFDs or in the spread betting platform. The maximum deal size will also vary based on the platform that you choose to use. Typically, ETX Capital clients can place a deal of any size provided they have enough funds to cover the margin requirements for the trade. If you cannot enter a deal via the website and are unsure why, you can call ETX Capital. Keep in mind that the maximum deal size will sometimes change due to exceptional market conditions.

What Happens If You Do Not Trade in Your Account’s Base Currency?

ETX Capital converts your daily currency trades back into your chosen default currency automatically after midnight from Sunday to Thursday. If this automatic conversion does not occur, let ETX Capital know. In the future, you may need to let it know ahead of time whenever you want your balance converted.

Viewing Your Trade History and Open Trades

In MetaTrader 4, click on the tab for Account History within the Terminal Box. From there, you can right-click on “Account History” and choose the time period you want to view. If you cannot see the Terminal Box, you can open it by pressing CTRL+T.

You can view your overall loss or profit on a position with ease, as well. On ETX TraderPro, start by finding the “Open Positions” tab by the lower half of the screen. There, you should see the current positions, with each also featuring the time and date it was open. The information will also include the quantity sold or bought, the margin reserved, and the product price when opened plus the current price. Next to this information, there is a “P/L” column. Here, you will find the current profit or loss level. The figure is also color-coded, with the amount in white for profits and red for losses. To the right, you will spot buttons that let you view the product chart, engage in further trading on the product, close the trade, or create a new alert.

On ETX MT4, go to the terminal window on the MT4 platform to view open trades. It is typically by the bottom of the screen. If it is not visible, you can add it to your view by selecting the “View” menu by the top. Within the terminal window, select the “Trade” tab. This tab will display the open trades and current account balance. For each trade, you can view the relevant information, including time opened, size, type, symbol, and price. You can also select a particular trade, which will open a window that features options like the ability to close the trade.

ETX Capital Charts

ETX Capital does have several display styles that come with a range of various drawing tools to suit your needs. It is also possible to add various studies, then save your settings. Just click on the Chart icon on a given market. From there, you can select the Charts tab and click on Type to select the display style that you prefer.

Clients can also use the regular charts included. You will notice that ETX Capital keeps chart data for at least a day. The tick data for less than one-minute periods is stored for a day, and periods between one and five minutes are stored for two days. Periods between five and 30 minutes are stored for two weeks, and periods between one and four hours are stored for several months. The data for periods of one day and longer is stored forever. The daily candles on charges are automatically reset at midnight in the time zone of the local market. Daily price changes get applied at midnight in the London time zone. All prices get their basis from the official close of their underlying market.

You can change the style of a chart whenever you want. To do so, open the chart by clicking on the market or using the search bar. Then, select the Chart icon to open a new chart window. From there, you can click “Charts” and “Type” to adjust the style of the chart. It is also possible to open a chart in a new browser window. Just go to the top right corner of the chart window and click “Move to New Window,” which is an icon.

There are also numerous indicators available for ETX Capital charts. To add or remove the indicators, go to the “Studies” tab on your chart. Choose the indicator you want and adjust the settings. Then, click “copy” and close, and the indicator should appear on the chart.

You can customize charts with the tabs on the left and top of the window. If you want to save these customizations for the future, go to the “Settings” tab and select “Save Chart Settings.”

Other Trading Tools & Resources

ETX Capital has an entire section of its website dedicated to market analysis. There, you will find a range of articles focused on analyzing the market. You can browse the most recent ones or use the search function. There is also the ability to sort analysis by author or tags.

Educational Resources

ETX Capital covers a range of educational topics in its FAQ section. There, you will find such information as the purpose of limit orders and explanations of leverage. In addition to the information sprinkled throughout the FAQ section, ETX Capital also offers other education, via seminars, webinars, and an advanced education course. All of those resources are free for account holders. Although not always the case, many of the webinars are recorded, so you can view them on the education page later.

At the time of writing, there are 13 upcoming seminars and webinars listed on the education page of ETX Capital, all of which take place in the same month. That variety helps show that ETX Capital offers very frequent webinars. These are led by either an independent trader company or the expert in-house team from ETX Capital. All webinars indicate the subject, date and time, location (typically online), language (typically English), and whether there is still room available. You can click on a webinar to get even more information, including an in-depth summary of what will be covered. At the bottom of the page, you will find the form to register.

ETX Capital additionally offers a trader course that is run by an independent company and is comprehensive and geared toward clients. The program is completely free for ETX Capital clients, despite comparable programs typically costing well over $1,000. It includes an eight-hour program with monthly follow-ups for discussing trading strategies.

Competitors

ETX Capital is in competition with our similar brokers which have covered before, as follows:

ETX Capital Customer Support

The customer support from ETX Capital is multilingual, and the FAQ section on the company’s website is also available in more than 15 languages. Customer service is available in English, German, Spanish, Mandarin, Polish, and Czech. To contact customer support, visit the “Contact Us” section of the website. There, you will find contact information for both new and existing accounts. Existing accounts will see separate numbers for customer service and the trading desk. Those looking for a new account will find both a free phone number (within the UK) and an international number. This is also where you will find the physical address of ETX Capital and its fax number. The address is One Broadgate, EC2M 2QS, London.

ETX Capital also makes it a point to attend various trade shows worldwide. At these events, staff members will gladly meet clients, business introducers, and affiliates.

ETX Capital Awards

ETX Capital recently took part in the Online Personal Wealth awards 2020 and won “Best Trading Platform for Professionals” and “Best Trading Tools”.

Is ETX Capital Safe?

In addition to its regulation and authorization from the FCA, ETX Capital has many procedures in place to protect customer funds. There are daily security checks to confirm that the broker has sufficient regulatory capital constantly. Additionally, client funds are held separately from the company money, and this is done within investment-grade-rated UK banks.

Conclusion

ETX Capital is an international broker that offers clients access to trading CFDs for a range of assets. ETX Capital prides itself on delivering low spreads and excellent customer service to help the broker stand out from the competition.

ETX Capital’s web trading interface is excellent and very well designed, offering a range of tools and charts to help you make your trades. In addition to its own proprietary platform, this broker lets clients use a version of MetaTrader 4.

With ETX Capital’s long and distinguished history of over 50 years in business, plus the fact they are regulated by the FCA, you should feel absolutely confident choosing this broker.

Please Note: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

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