ETX Capital was founded in 1965 initially specialising in mortgage bonds before expanding out into stocks and derivatives and now has 50 years experience in the financial markets. The company has grown into a solid and major provider of online currency trading services and other financial and investment products. Forex broker ETX Capital is registered in the United Kingdom and regulated by the Financial Conduct Authority under the license number 124721. The ETX Capital is headquartered in London. The registered name of the brand is Monecor (London) Limited. All in all ETX Capital provides its customers with access to over five thousand financial markets.
ETX Capital is firstly remarkable for its low tight spreads starting from as low as 0.6 for the main currency pair eur/usd. The spreads for the other currency crosses are also quite competitive in the industry to attract traders of all levels of experience. The trading platforms provided by ETX Capital are TraderPro and MetaTrader4.
The trading software offered by ETX Capital is equipped with all the necessary functionality, including market news, economic calendar, financial review and all the other financial info essential for making deliberate and weighed trading decisions. Both the platforms are available for mobile usage in IOS and Android. ETX Capital allows the usage of various trading strategies including algorithmic trading. ETX Capital pays attention to the security of the customers’ funds and keeps them on the segregated bank accounts which are rebalanced at the end of each trading day.
Headquartered in London, the company is regulated by the FCA (UK Financial Conduct Authority). The broker is aimed at cooperation with traders from EU countries. ETX Capital provides a wide range of trading tools, narrow spreads and quality training materials. In 2018, ETX Capital’s own development TraderPro was recognized as the best trading platform according to the UK Forex Awards and Online Personal Wealth Awards.
There is some good news for the traders of the London-based broker ETX Capital. The broker has announced the launch of zero commission stock trading across their top-traded stock CFDs. The company has said that the likes of Tesla, Apple, Amazon, and even UK shares like Barclays are included, calling these their most-popular markets amid their client pool.
The CMO of the company, Nandik Barbhaiya, has commented: “We continue to see the demand for stocks increasing, but there are often so many barriers to new traders looking to try these. ETX wanted to give more people a simpler way to buy and sell these bigger stocks with no minimum charge or commissions.”
Besides these major brand names, ETX offers thousands more stock CFDs across US and European exchanges.