ETX Capital Review

By mosesbet · Filed Under Spread Betting Firms Leave a Comment

ETX Capital was started in 1965 and offers an excellent spread betting platform with thousands of markets to trade on. ETX Capital is fully regulated by the FSA (Financial Services Authority) and is also a member of the London Stock Exchange.

Why Join ETX Capital?

There are a number of reasons for you to join ETX Capital right now. ETX Capital is currently one of the fastest growing spread betting and CFD companies in the world, with a 50% increase in revenue since last year. They’ve successfully attracted new customers by offering tight spreads, extremely low margin requirements (just 1% on the UK Rolling 100 and Wall Street) and an excellent range of markets and platform features. ETX Capital even has their own iPhone trading app – “Fast Lane Trading”.

What’s more, ETX Capital will cover any of your net losses up to the value of £250 in your first 10 days of opening an account, and £500 worth of free training to new account holders.

ETX Capital £250 Risk-Free Bonus

Unlike other spread betting companies which offer a demo platform for beginners, ETX makes things more fun with a £250 risk-free trading bonus.

All new customers that open an account at ETX Capital now will receive a £250 risk-free bonus which refunds any losses that you’ve made (up to the value of £250) during your first 10 days of opening an account. This is a fantastic bonus for beginners because it means you can practice trading for real money from 50p per point and not have to worry about any losses up to the value of £250.

The conditions for the ETX Capital bonus mean it will expire after 10 days of opening an account (not 10 days after opening your first trade) and you’ll need to open at least 5 trades to be eligible. If you still have open trades at the end of day 10 than the net losses will take into account any open profits or losses.

Range of Markets, IMR and Size of Spreads

ETX Capital boasts thousands of markets to spread bet on including Indices, Shares, Bonds, Interest Rates, Commodities, ETFs (exchange traded funds), Sectors, Options and FOREX. The initial margin requirement for the UK 100 and Wall Street starts from just 1%, which is one of the best margins in the industry and almost three times lower than Capital Spreads and Tradefair. A 1% IMR means you can open a £10,000 position on the UK 100 with just a £100 deposit.

The exact size of the spread differs between markets. ETX Capital offers 1 pip on the UK 100, 2 pips on Wall Street, 0.0002 pips on EUR/USD, 0.0003 on GBP/USD, and 0.4-0.06 on gold commodities.

Online Trading Platform Features and iPhone App

The good thing about ETX Capital is that they offer users a brand new, multi-million pound online trading platform with advanced technical charts and features. Using ETX Capital’s slick, high speed platform, you can open/close trades with a single-click on more than 3,000 markets. You can also edit or amend your orders with the use of guaranteed stop-losses, OCOs and limit orders. You can place quarterly and daily bets at ETX Capital too.

The advanced technical charts available for free at ETX Capital make it one of the best platforms for UK traders. ETX Capital has worked with IT Finance in order to offer an excellent range of live technical charts. You can use more than 70 technical indicators to predict market movements including tend lines, MAs, candlesticks, bar charts, Williams %R, RSI, Fibonacci retracements, zoom, support/resistance levels, MACDs and more. You can compare and monitor price movements with a 1 hr, 2 hr, 4hr, daily, weekly and annual data. The charts at ETX Capital also let you save trend lines or personalised settings for future use, making them much easier and more comfortable to use.

iPhone users can also trade on the go through ETX Capita’s brand new “Fast Lane” iphone trading app, which is available to download from the Apple App Store. The Fast Lane app provide live streaming prices and news to your iphone, lets you open/close on all of the same markets as ETX Capital’s online platform, and even offers bespoke mobile technical charts and graphs.

Live Seminars and Educational Tools for Beginners

Although ETX Capital doesn’t offer a free “demo” account for beginners, they do offer £500 worth of free trader training as part of the “Advanced Trading Course” to beginners. This is done via a variety of free online webinars and live seminars, which teach topics such as “Trading with a Day Job”, “an Intro into the FX Markets”, “Swing Trading vs Day Trading”, “Learning to Trade the Stock Market” and more. Beginners can also use any of the advanced platform tools for free.

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