Introduction
If you’re looking for a reliable trading platform, ETX Capital is a name that probably rings a bell. Established in 1965, this London-based company has been providing a range of financial services for over five decades. In this review, we’ll explore what ETX Capital has to offer in 2023 and whether it’s a good fit for your trading needs.
Trading Platform
ETX Capital offers a user-friendly, web-based platform that allows traders to buy and sell a range of assets, including forex, stocks, and commodities. The platform is equipped with advanced charting tools, technical indicators, and customizable layouts, making it an ideal choice for both novice and experienced traders.
Mobile Trading
In addition to the web-based platform, ETX Capital also offers a mobile app for traders who prefer to trade on the go. The app is available for both iOS and Android devices and offers all the features available on the web-based platform.
Account Types
ETX Capital offers three different account types: demo, standard, and professional. The demo account is ideal for beginners who want to practice trading without risking real money. The standard account is suitable for most traders and offers competitive spreads and leverage. The professional account is designed for experienced traders who require higher leverage and access to more advanced tools.
Customer Support
ETX Capital offers 24/5 customer support via phone, email, and live chat. The company also provides an extensive FAQ section on its website, which covers a range of topics, from account opening to trading strategies.
Regulation
ETX Capital is regulated by the Financial Conduct Authority (FCA) in the UK, which is one of the most respected financial regulatory bodies in the world. The company is also a member of the Financial Services Compensation Scheme (FSCS), which provides protection to traders in the event of the company’s insolvency.
Education and Research
ETX Capital offers a range of educational resources for traders, including webinars, video tutorials, and a trading academy. The company also provides daily market analysis and research reports, which can be accessed from the trading platform.
Deposits and Withdrawals
ETX Capital offers a range of deposit and withdrawal options, including credit/debit cards, bank transfers, and e-wallets. Deposits are generally processed instantly, while withdrawals can take up to three working days to be processed.
Conclusion
Overall, ETX Capital is a reputable trading platform that offers a range of features and tools for traders. The company’s web-based platform and mobile app are user-friendly, and the customer support is excellent. The educational resources and research reports provided by ETX Capital are also a plus. However, the company’s fees and spreads may be higher compared to other trading platforms. As always, it’s important to do your research and choose a trading platform that best fits your needs and preferences.
