ETX Capital Review ⭐⭐⭐⭐

Item: ETX Capital Review
Rating: 4
Author: Good Money Guide

What does ETX Capital do?

ETX Capital offers financial spread betting and CFD trading on 5,000 global instruments including 60 forex pairs, 20 indices, shares in 20 countries and major commodities like Gold, Silver, Oil and Copper. ETX Capital connects traders to the market through it’s ETX Trader Pro platform or MT4. ETX Capital also has a social trading network through ETX Connect which enables traders to copy the traders of others.

How much does ETX Capital cost?

ETX Capital charges are fairly inline with other spread betting and CFD providers. EURGBP and GBPUSD spreads are 0.9, UK and Wall Street index trading is 1 point. Spreads on UK shares are 0.05% and US stocks are 0.1%. ETX charges a $25 per month inactivity fee. They don’t charge commission but factor their fees into the spreads.

Are ETX Capital a good broker?

Our experts rate ETX Capital as a four-star broker because they offer an easy to use trading platform with good market coverage and have full FCA regulation and FSCS deposit protection. ETX Capital are one of the most established spread betting and CFD brokers and generally have a good reputation within the industry. Our 2020 review explains how ETX Capital compares to other brokers.

ETX Capital Client Reviews

Here's what users have to say about them. If you've used them leave a review to vote in our Awards for a chance to win £1,000 in Amazon Vouchers.

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ETX Capital

Average rating:

34 reviews

Feb 7, 2019

by Craig on ETX Capital

Online Platform (out of 5 stars): 5

Customer Service (out of 5 stars): 5

Fees & Pricing (out of 5 stars): 4

Highly recommended. Premier class experience.

Online Platform 5/5
Customer Service 5/5
Fees & Pricing 4/5

Feb 6, 2019

by Steve Jones on ETX Capital

Online Platform (out of 5 stars): 5

Customer Service (out of 5 stars): 5

Fees & Pricing (out of 5 stars): 5

The platform is fast and easy to use. The facilities within the platform are what I would expect from a named trading site.

Online Platform 5/5
Customer Service 5/5
Fees & Pricing 5/5

Feb 6, 2019

by Thomas Russell on ETX Capital

Online Platform (out of 5 stars): 5

Customer Service (out of 5 stars): 5

Fees & Pricing (out of 5 stars): 5

Great Service and good spreads

Online Platform 5/5
Customer Service 5/5
Fees & Pricing 5/5

Apr 5, 2018

by I C Chan on ETX Capital

Trading Platform 5/5
Customer Service 5/5
Mobile Apps 5/5
Spreads & Pricing 5/5
Market Range 5/5
Trade Execution Speed 5/5
Added Value 5/5

I am quite happy with this broker

(Trading forex and indices with ETX Capital for between 1 and 2 years on an intra-daily basis)

Apr 5, 2018

by Yvonne Boatin-Buckman on ETX Capital

Trading Platform 5/5
Customer Service 5/5
Mobile Apps 5/5
Spreads & Pricing 5/5
Market Range 5/5
Trade Execution Speed 5/5
Added Value 5/5

The platform is brilliant, even for beginners, it is easy to understand and manage. The research is very helpful and the results are correct most of the time. The trading signals and analysis are very good, they are clear once the trader understands them with the help of their educational Webinars,
they encourage the trader to learn and gain confidence and it is free!

I spent a lot of money trying to learn to trade with other brokers and did not learn half as much as I have learned with ETX Capital within the last 8 months.

(Trading forex with ETX Capital for under a year on a daily basis)

Mar 28, 2018

by Ramila Patel on ETX Capital

Trading Platform 5/5
Customer Service 5/5
Mobile Apps 5/5
Spreads & Pricing 3/5: Sometimes spreads are too wide
Market Range 5/5
Trade Execution Speed 5/5
Added Value 5/5

Great platform and excellent customer services

(Trading forex and indices with ETX Capital for between 1 and 2 years on a daily basis)

Mar 23, 2018

by Chris morley on ETX Capital

Trading Platform 5/5
Customer Service 5/5
Mobile Apps 5/5
Spreads & Pricing 5/5
Market Range 5/5
Trade Execution Speed 5/5
Added Value 5/5

After getting scammed by lots of so called brokers ,ETX has given me training,no pushing for more money ,can get my money back out easy .
For somebody starting or been trading for a while I recommend ETX .as they try to help the investor ,

(Trading forex, commodities and indices with ETX Capital for between 1 and 2 years on a daily basis)

Mar 22, 2018

by Alan Baines on ETX Capital

Trading Platform 5/5
Customer Service 5/5
Mobile Apps 5/5
Spreads & Pricing 4/5: Spreads are excellent but you asked me the question. So I will say they could be lowered.😁
Market Range 5/5
Trade Execution Speed 5/5
Added Value 5/5

I use the MT4 platform and can honestly say that ETX have been my go-to spread bet company since opening my account. Although I only trade small positions quite infrequently it is important to know that the same level of service and reliability is available to each customer.

(Trading forex and indices with ETX Capital for between 1 and 2 years on a weekly basis)

Mar 21, 2018

by brian on ETX Capital

Trading Platform 5/5
Customer Service 5/5
Mobile Apps 5/5
Spreads & Pricing 5/5
Market Range 4/5: could we have options prices

Trade Execution Speed 5/5
Added Value 5/5

I have had a good relationship with this broker and would recommend them to anyone who wants to open an account.

(Trading forex and indices with ETX Capital for between under a year on weekly basis)

Mar 21, 2018

by jason shelley on ETX Capital

Trading Platform 4/5: I use MT4 which is an off the shelf product - it's main limitation is not being able to separate the charts onto different screens (they can only be opened on one screen).
Customer Service 5/5
Mobile Apps 4/5: sometimes i lose my currency pairs i have saved onto my phone app and i need to re-input them.
Spreads & Pricing 3/5: when prices are volatile around announcements the spreads blow out making it impossible to trade in the immediate aftermath post-announcement.
Market Range 5/5
Trade Execution Speed 5/5
Added Value 4/5: see above

when I first enlisted ETX the support staff were very friendly and helped me navigate the systems - if I had a problem they answered it very timely. My main issues are the MT4 platform and not being able to separate the charts, and the spreads blowing out (apart from EURUSD) immediately post-announcement.

(Trading forex and indices with ETX Capital for between under a year on an intra-day basis)

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Compare ETX Capital To Alternative Brokers

CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% 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. Featured brokers appear first.

Featured Spread BettingBroker	Spread Betting Information	Spread Betting Markets	Spread Betting Costs	More Info
IG	Minimum Stake: 50p Minimum Deposit £250 Index Margin: 5% Forex Margin: 3.33% Pro Index Margin: 0.45% Pro Forex Margin: 0.45%	Total Markets: 17,000 Forex Pairs: 51 Commodities: 38 Indices: 34 UK Stocks: 3,925 US Stocks: 6,352	EURUSD: 0.6 pips UK 100: 1 point Wall Street: 2.4 points Gold: 0.3 points UK Shares: 0.10% US Shares: 0.10%	Open Account Your capital is at risk. 76% of retail CFD accounts lose money
CMC Markets	Minimum Stake: 50p Minimum Deposit £100 Index Margin: 5% Forex Margin: 3.33% Pro Index Margin: na Pro Forex Margin: na	Total Markets: 9,300 Forex Pairs: 71 Commodities: 33 Indices: 22 UK Stocks: 629 US Stocks: 3,441	EURUSD: 0.7 pips UK 100: 1 point Wall Street: 2.4 points Gold: 0.3 points UK Shares: 0.10% US Shares: 2¢ per share	Open Account 79% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider
Pepperstone	Minimum Stake: 50p Minimum Deposit £100 Index Margin: 5% Forex Margin: 3.33% Pro Index Margin: 0.2% Pro Forex Margin: 0.5%	Total Markets: 178 Forex Pairs: 36 Commodities: 16 Indices: 14 UK Stocks: 0 US Stocks: 64	EURUSD: 0.13 pips UK 100: 3 points Wall Street: 2.4 points Gold: 0.5 points UK Shares: na US Shares: na	Open Account 79.3% of retail investor accounts lose money when trading spread bets and CFDs with this provider
Spreadex	Minimum Stake: 1p Minimum Deposit £100 Index Margin: 5% Forex Margin: 3.33% Pro Index Margin: 0.5% Pro Forex Margin: 0.5%	Total Markets: 10,000 Forex Pairs: 53 Commodities: 21 Indices: 37 UK Stocks: 2,000 US Stocks: 500	EURUSD: 0.6 pips UK 100: 1 point Wall Street: 2.4 points Gold: 0.4 points UK Shares: 0.1% US Shares: 0.15%	Open Account 69% of retail investors lose money when trading spread bets and CFDs with this provider
City Index	Minimum Stake: £1 Minimum Deposit £100 Index Margin: 5% Forex Margin: 3.33% Pro Index Margin: 0.25% Pro Forex Margin: 0.25%	Total Markets: 12,000 Forex Pairs: 84 Commodities: 25 Indices: 21 UK Stocks: na US Stocks: na	EURUSD: 0.5 pips UK 100: 1 point1 Wall Street: 3.5 points Gold: 0.8 points UK Shares: 0.18% US Shares: 2¢ per share	Open Account 74% of retail investor accounts lose money when trading CFDs with this provider
ETX Capital	Minimum Stake: 25p Minimum Deposit £100 Index Margin: 5% Forex Margin: 3.33% Pro Index Margin: na Pro Forex Margin: na	Total Markets: 5,000 Forex Pairs: 60 Commodities: 25 Indices: 34 UK Stocks: 350 US Stocks: na	EURUSD: 0.6 pips UK 100: 1 point1 Wall Street: 4 points Gold: 0.4 points UK Shares: 0.1% US Shares: 2¢ per share	ETX Reviews 77.4% of retail investor accounts lose money when trading CFDs with this provider

	ETX Capital
Number of:
Total Markets	5000
Forex Pairs	60
Commodities	25
Indices	34
UK Stocks	350
US Stocks	?
Cryptocurrencies	8

Broker specifics
2019 Revenue	£32,000,000 (2018)
Number Active Clients	55,000
Minimum Deposit	£100
Inactivity Fee	$25 per month
Founded	2007


FX Retails Spreads
EUR/USD Euro vs US Dollar	0.6
GBP/USD British pound vs US dollar	0.9
USD/JPY US Dollar vs Japanese Yen	0.9
EUR/GBP Euro vs British Pound	0.9
AUD/USD Australian Dollar vs US Dollar	0.8
USD/CAD US Dollar vs Canadian Dollar	0.2
USD/CHF US Dollar vs Swiss Franc	0.9
NZD/USD NZ Dollar vs US Dollar	0.18
EUR/JPY Euro vs Japanese Yen	0.9
EUR/AUD Euro vs Australian Dollar	0.26

FX Retail Margins
EUR/USD Euro vs US Dollar	30:1
GBP/USD British pound vs US dollar	30:1
USD/JPY US Dollar vs Japanese Yen	30:1
AUD/USD Australian Dollar vs US Dollar	20:1
USD/CAD US Dollar vs Canadian Dollar	30:1
USD/CHF US Dollar vs Swiss Franc	30:1
NZD/USD NZ Dollar vs US Dollar	30:1
EUR/JPY Euro vs Japanese Yen	30:1
EUR/AUD Euro vs Australian Dollar	20:1

Commodity Spreads
WTI crude (oil)	0.4
Gold	0.4
Corn	0.5
Brent crude (oil)	0.4
Natural Gas	0.21
Silver	0.35
Copper (comex)	0.9
Wheat	0.5
Soyabeans	0.7
Gasoline RBOB	not quoted
Steel	not quoted
Aluminium	not quoted
Iron	not quoted

Commodity Margins
WTI crude (oil)	10:1
Gold	20:1
Corn	10:1
Brent crude (oil)	10:1
Natural Gas	10:1
Silver	10:1
Copper	10:1
Wheat	10:1
Soyabeans	10:1
Gasoline RBOB	not quoted
Steel	not quoted
Aluminium	not quoted
Iron	not quoted

Index Spreads
Dow Jones Industrials Average (US 30)	4
Standard & Poor’s 500 (S&P 500)	0.69
Nasdaq (Composite and Nasdaq 100)	3
Dow Jones Industrials (DJIA)	not quoted
UK FTSE 100 (FTSE 100)	1
CAC 40 (France 40)	2
DAX (Germany 30)	1.5
Euro Stoxx 50 (Euro 50)	2
Japan 225 (Nikkei 225)	8
Hong Kong (Hang Seng Index)	16

Index Margins
Dow Jones Industrials Average (US 30)	20:1
Standard & Poor’s 500 (S&P 500)	20:1
Nasdaq (Composite and Nasdaq 100)	20:1
Dow Jones Industrials (DJIA)	not quoted
UK FTSE 100 (FTSE 100)	20:1
CAC 40 (France 40)	20:1
DAX (Germany 30)	20:1
Euro Stoxx 50 (Euro 50)	20:1
Japan 225 (Nikkei 225)	20:1
Hong Kong (Hang Seng Index)	10:1

UK Stock Spreads
Lloyds	0.10%
Ocado	0.10%
BT Group	0.10%
Centrica	0.10%
International Conolidated Airlines	0.10%
BAE Systems	0.10%
Barclays	0.10%
Barratt Developments	0.10%
Vodafone Group	0.10%
Sainsburys	0.10%
Micro Focus International	0.10%
Glencore	0.10%
Fresnillo	0.10%

UK Stock Margins
Lloyds	5:1
Ocado	5:1
BT Group	5:1
Centrica	5:1
International Consolidated Airlines	5:1
BAE Systems	5:1
Barclays	5:1
Barratt Developments	5:1
Vodafone Group	5:1
Sainsburys	5:1
Micro Focus International	5:1
Glencore	5:1
Fresnillo	5:1

US Stock Spreads
Amazon	$0.02 per share
Tesla	$0.02 per share
Netflix	$0.02 per share
Apple	$0.02 per share
Facebook	$0.02 per share
Advanced micro Devices	$0.02 per share
Twitter	$0.02 per share
Overstock.com	$0.02 per share
Boeing	$0.02 per share
Uber	$0.02 per share
Abbvie	$0.02 per share
Snap inc	$0.02 per share
Soliton	not quoted
NVIDA	$0.02 per share

US Stock Margins
Amazon	5:1
Tesla	5:1
Netflix	5:1
Apple	5:1
Facebook	5:1
Advanced micro Devices	5:1
Twitter	5:1
Overstock.com	5:1
Boeing	5:1
Uber	5:1
Abbvie	5:1
Snap inc	5:1
Soliton	not quoted
NVIDA	5:1

Overnight Financing Rates
Forex (tom next plus or minus )	Tom-next+1.35%
Commodities	Libor +/- 3.50% or+/-4.50% see here
Indices	Overnight funding for Indices is LIBOR +/- 3.25 and +/- 4.5% see here
UK Stocks	Relevant interbank rates +/- 4.5% and +/- 6% see here
US Stocks	Relevant interbank rates +/- 4.5% and +/- 6% see here
Cryptocurrencies	Financing charge of 0.083% per day see here

ETX Capital Review ⭐⭐⭐⭐

What does ETX Capital do?

How much does ETX Capital cost?

Are ETX Capital a good broker?

ETX Capital Review Scores: Expert Ratings

ETX Capital CEO Interview

What do clients think about ETX Capital?

ETX Capital 2020 Review Client Satisfaction Levels

ETX Capital Client Reviews

Compare ETX Capital To Alternative Brokers

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