Compare Forex Brokers!
Compare top Forex brokers side-by-side and find the best fit for your trading needs. Start your comparison now!
Chris Cammack
Edited by Chris Cammack
Author

ETX Capital Broker Review

4.17
/ 5
Min deposit
GBP 100
Regulated By
CySEC, FCA, FSCA
Trading Cost
GBP 6
Leverage
30:1
Copy Trading
Yes
Platforms
MT4, ETX
Instruments
Blends, Bonds, Commodities, Crypto Options, Cryptocurrencies (
Digital 100s, Energies, Stock CFDs, ETFs, Forex, Futures, Indices, Interest Rates, IPOs, Metals, Shares, Spread Betting, Stock DMAs, Vanilla Options, WTIs
)
Accepts South African Clients. Average spread EUR/USD 0.60 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 & ETX Trader Pro platforms supported. ETX Capital Group is regulated by the FCA.

Our Verdict on ETX Capital

ETX Capital is an FCA and FSCA-regulated broker with a feature-rich proprietary trading platform and a large range of tradable assets. With its highly customisable trading platform and 5000 share CFDs, ETX Capital is a good option for experienced traders or serious beginners looking to trade other assets than Forex.

ETX Capital offers full support for MT4 as well as its own award-winning proprietary platform, TraderPro. Unlike many proprietary platforms, TraderPro caters to both beginners and experienced traders and features numerous technical indicators, multiple chart types, split charting, highly customisable workspaces, and easy-to-use risk management tools. 

Some traders may be disappointed at the lack of account options at ETX Capital, which has a single live commission-free account. Trading costs are average compared to other market maker brokers, with a minimum deposit of 100 USD and variable spreads averaging between 0.8 to 1.1 pips on the EUR/USD. Apart from share CFDs, ETX Capital offers trading on 60+ Forex pairs, cryptocurrencies, indices, commodities, and bonds – excellent for traders who wish to diversify their trading strategy.  

ETX Capital also offers a wide range of educational materials for advanced traders, including regular courses run by professionals who have had successful careers as traders and senior managers at top financial institutions.

Pros

  • Tight spreads
  • Great platform choice

Cons

  • Poor customer service

ETX Capital Overall Summary

Trust Rating
4.5
Trading Conditions
4.5
Platforms
4.5
Education
3.5
Beginner Friendly
2
Assets Available
4
Analysis Research
3
Deposit & Withdrawal
4.5
Overall Rating
4.17
/ 5
Base Currencies
EUR, GBP, USD
Number of FX Pairs
62
Crypto Pairs
3
Copy Trading
Yes
Hedging Allowed
Yes
Scalping Allowed
No
Islamic Account
No
Account Name
MT4
Commission
Fees Included in Spread
EUR/USD
1.01
GBP/USD
1.85
USD/JPY
1.35
Negative Balance Protection
Yes
Company Name
Monecor (London) Ltd
Founded
2002
Website Language
English
Support Language
English
Office Locations
United Kingdom, Russia
Support Email Address

Deposit & Withdrawal

banktransfer
visa
mastercard
skrill
neteller
maestro
unionpay

Supported Platforms

Best MT4 Forex Brokers
ETX

Meet the Experts Behind Our Unbiased Reviews

Chris Cammack

Partner Manager and Financial Writer

Chris Cammack
Chris manages the relationships with our partners to provide the best Forex trading experience possible for our users. Previously Head of Content at FxScouts since 2019, Chris ensured all content met our high standards of quality and clarity, shaping editorial guidelines and overseeing broker reviews. Chris brought 10 years of experience in research, editorial, and design for political and financial publications, and has a deep knowledge of international financial markets and geo-politics. He co-hosts the "Let's Talk Forex" podcast with Alison and writes for the news section on a regular basis.

Alison Heyerdahl

Head of Content

Alison Heyerdahl
Alison joined the team as a writer in 2021. She is the Head of Content for FxScouts. She has a medical degree with a focus on physiotherapy and a bachelor's in psychology. However, her interest in Forex trading and her love for writing led her to switch careers. She has a passion for Forex trading and over a decade of editorial experience researching Forex and the financial services industry, producing high-quality content. She hosts a weekly podcast, "Let's Talk Forex", alongside Chris and has produced over 100 Forex educational videos for the FxScouts YouTube channel. She also writes weekly technical analyses and has tested and reviewed over 120 Forex brokers.

Ida Hermansen

Financial Writer

Ida Hermansen
Ida is a financial writer with a degree in Digital Marketing and a strong background in content writing and SEO. Her expertise extends beyond marketing and writing, with a keen interest in cryptocurrencies and blockchain networks. Ida's passion for crypto trading sparked a deeper fascination with Forex technical analysis and price movement. She is continually expanding her knowledge in Forex trading, staying informed about the latest trends and identifying the best trading environments for new traders.

Stefan de Clerk

Financial Writer

Stefan de Clerk
The newest member of our team, Stefan has a degree in Marketing and more than a decade of experience writing quality content in both finance and tech. Stefan's deep fascination with how factors like geopolitical events, big data and market sentiment influence the financial markets drives his passion for Forex trading. He believes that if you want to feel the pulse of the world economy, trade Forex, and if you want to trade Forex, you need well-researched, unbiased and objective information.

Others Also Viewed

Explore more resources that fellow traders find helpful! Check out these other guides to enhance your forex trading knowledge and skills. Whether you’re searching for the best brokers, educational material, or something more specific, we’ve got you covered.

Best Brokers in Uganda

Discover the top Forex brokers in Uganda. Compare top platforms, fees and features to make an informed trading choice.

Newsletter Sign Up

Sign up for our weekly newsletter to stay informed of the latest developments in the financial markets, the big changes in the Forex industry and our most recent podcast episodes and YouTube videos. Straight to your inbox every Friday.

How does Forex Trading Work?

What is Forex trading and how does it work? An easy-to-read guide including how to trade, and how to choose a reliable broker.

Listen to our Podcast!

Let's Talk Forex

Listen to our Podcast!


Ready to have your forex knowledge amplified? Tune in to “Let’s Talk Forex,” a podcast designed for traders of all levels. From market analysis and trading strategies to interviews with industry experts, this podcast covers the breadth of the forex landscape. Join the conversation and discover insights that can help you navigate the exciting world of currency trading.

Polygon icon
Polygon icon