Binary options are prohibited in the European Economic Area. 83% of retail investor accounts lose money when trading CFDs. 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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ETX Capital Review

ETX Capital

ETXCapital is a multi-platform financial specialist regulated by UK authorities offering tis clients a whole range of financial markets and instruments. In our ETX Capital review we will focus on their binary options platform, named – ETX Binary, however, dont forget, you can trade CFDs and Forex with this broker, too. ETX Binary draws from ETX Capital’s experience in developing financial products so it presents itself as a very good trading platform. In our ETX Binary review we will cover all the important binary options trading basics.

ETX Capital is an FCA regulated broker. Binary Options Product is not regulated by FCA.

Account Features

ETX Capital is a broker that wants to help traders enjoy the process of trading, so they created two accounts that can help them: real account and demo account.

Demo account is the best solution for beginners, but also for traders who never traded with this broker before. Every broker has a different platform, and demo accounts help users learn more about placing trades with a specific broker. During ETX review was found out how traders first must complete the registration process. It is done by filling the simple registration form, and immediately after traders can start exploring the demo. Demo account has many tools and features that can help users improve their trading results, and the best thing is, that they can be found on the real platform as well. This means that once the trader is ready, trading won’t be different despite trading on a real platform. Demo accounts come with 10,000 virtual money.

Binary Options Product is not regulated by FCA.

The regular, or real trading account is available with $100 deposit. ETX Capital is not providing much info on this type of account, but one thing is sure – traders can enjoy various benefits and promotions that can improve their liquidity.

Right now there is a promotion for a welcome bonus in the amount of $20 for all registered members, but also bonus added to the deposits made.

  • For 100 – 999.99 deposit: £$€100.00 bonus
  • For 1,000 – 14,999.99 deposit: 25% bonus
  • For 15,000 or more deposit: £$€3,750.00 bonus

Before accepting any additional money, promotion, or bonus of any kind, make sure to understand terms and conditions that may apply. Every promotion has different terms and conditions, so don’t forget to read them every time. ETXbinary doesn’t provide general bonus terms, and every bonus is different.

Binary Options Product is not regulated by FCA.

Trading Software & Assets

In ETX Capital review was noted how this broker provides binary trading via ProTrader platform. This platform is considered to be very user-friendly as it provides all necessary support for some interesting features. The interface helps traders place their investments without any delay. The platform is also equipped with useful charts and tools for analysis. Beside web-based desktop platform, ETX Capital also has a mobile version for Android users. It is available for tablets and mobiles, but let’s hope that they will introduce the same possibility for iOS devices.

The trading platform provides great insight into the trading process: center of the platform is reserved for the window where traders invest their money, set expiry time and follow the price movements. Options, no matter if closed or open, can also be read simply by clicking. Traders can enjoy various assets when trading with this broker.

When exploring the website, traders must be aware of the fact that this broker provides different types of financial trading. Once they click the ‘Binary’ tab, they will be redirected to the section about this type of trading. This tab, like all others, is placed on the top of the page.

Binary Options Product is not regulated by FCA.

Support Information

The ETX Capital website is available only in English. Even though this language can be considered the ‘official’ language of internet users, it would be great if they added several more languages, simply to support traders who don’t speak English.

In ETX Capital review was found out how this broker has made a difference between potential traders and existing ones. Every group has a specific phone number and email that can be used for contacting the customer support. This is a bit unusual but it makes sense, as it allows agents to specialize in their field and provide the best support possible.

Traders who choose ETX Capital can expect to enjoy interesting reading materials that will improve their knowledge in binary trading. Even though it leaves some space for improvements, the educational section is a good place to start. FAQ section is very useful and detailed, as it is divided into several sections.

Banking & Company Information

The ETX is in the ownership of Monecor Ltd. This broker is also regulated by the official regulatory body in the United Kingdom, the FCA. This status demonstrates a certain level of quality expected from this broker, and also provides additional security for traders, since they have a regulator to back them up.

Binary Options Product is not regulated by FCA.

ETX Capital review shows how this broker has offered a variety of payment methods. Traders can choose between bank wire, online bank wire transfer, major credit cards, UnionPay, Skrill, Netteler, Sofort, GiroPay. First 5 withdrawals in one calendar month are free of any fees, providing that they are over $100. This broker created a great section about payment methods, that provides a deeper insight to all the possibilities. It is recommended to carefully examine it before making a deposit, as some of them have different currencies or withdrawal times.

ETX Capital also listed the fees charged for inactive accounts. Good news is that once the account reaches zero, fees will be prevented from charging.