ETX Capital Review ⭐⭐⭐⭐

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.

Read more about our review methodology

ETX Capital Review Scores: Expert Ratings

Account Types 6/1063%
Market Coverage 5/1050%
Trading Platforms 8/1075%
Spread Costs & Margin Rates 8/1084%
Ease of Use 8/1080%
History & Reliability 8/1079%
Safety & Regulation 9/1089%
Customer Support & Satisfaction 7/1067%
Account Opening & Funding 7/10069%
Research & Tools 7/1065%
etx capital review
72%
Overall Score

Compare ETX Capital

75.6% of retail investor accounts lose money when trading spread bets and CFDs with this provider.

What do clients think about ETX Capital?

The below data is taken from the average weighted scores of over 250 clients who completed our Good Money Guide Trading Awards survey in which brokers asked their clients to rank their services against peers.

ETX Capital 2020 Review Client Satisfaction Levels

78% of clients would RECOMMEND ETX Capital to a friend78%
76% of clients are satisfied with ETX Capital's FEES & COSTS76%
74% of clients are satisfied with ETX Capital's MARKET COVERAGE74%
80% of clients are satisfied with ETX Capital's TRADING PLATFORM80%
75% of clients are satisfied with ETX Capital's MARGIN RATES75%
84% of clients find ETX Capital EASY TO USE84%
84% of clients are satisfied with ETX Capital's RELIABILITY84%
84% of clients trust ETX Capital to safeguard their FUNDS84%
80% of clients are satisfied with ETX Capital's CUSTOMER SUPPORT80%
72% of clients are satisfied with ETX Capital's EDUCATIONAL MATERIAL72%
82% of clients are satisfied with ETX Capital's TRADING TOOLS?82%

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.

Submit your review
1
2
3
4
5
Submit
     
Cancel

Create your own review

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)

Page 1 of 4:
«
 
 
1
2
3
4
 
»
 
etx capital review
79%
Client Satisfaction

Compare ETX Capital

75.6% of retail investor accounts lose money when trading spread bets and CFDs with this provider.

ETX Capital Review: ETX Capital are one of the oldest spread betting brokers in the UK. ETX was founded in 1965 as Monecor and remains a member of the London Stock exchange. ETX Capital is a good solid all rounder with a reputation for good support, tight spreads and wide market coverage. 75.6% of retail investor accounts lose money when trading CFDs with this provider.

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 BettingBrokerSpread Betting InformationSpread Betting MarketsSpread Betting CostsMore 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 Financials

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 Key Features

ETX Capital
Number of:
Total Markets5000
Forex Pairs60
Commodities25
Indices34
UK Stocks350
US Stocks?
Cryptocurrencies8
Broker specifics
2019 Revenue£32,000,000 (2018)
Number Active Clients55,000
Minimum Deposit£100
Inactivity Fee$25 per month
Founded2007
FX Retails Spreads
EUR/USD Euro vs US Dollar0.6
GBP/USD British pound vs US dollar0.9
USD/JPY US Dollar vs Japanese Yen0.9
EUR/GBP Euro vs British Pound0.9
AUD/USD Australian Dollar vs US Dollar0.8
USD/CAD US Dollar vs Canadian Dollar0.2
USD/CHF US Dollar vs Swiss Franc0.9
NZD/USD NZ Dollar vs US Dollar0.18
EUR/JPY Euro vs Japanese Yen0.9
EUR/AUD Euro vs Australian Dollar0.26
FX Retail Margins
EUR/USD Euro vs US Dollar30:1
GBP/USD British pound vs US dollar30:1
USD/JPY US Dollar vs Japanese Yen30:1
AUD/USD Australian Dollar vs US Dollar20:1
USD/CAD US Dollar vs Canadian Dollar30:1
USD/CHF US Dollar vs Swiss Franc30:1
NZD/USD NZ Dollar vs US Dollar30:1
EUR/JPY Euro vs Japanese Yen30:1
EUR/AUD Euro vs Australian Dollar20:1
Commodity Spreads
WTI crude (oil)0.4
Gold0.4
Corn0.5
Brent crude (oil)0.4
Natural Gas0.21
Silver0.35
Copper (comex)0.9
Wheat0.5
Soyabeans0.7
Gasoline RBOBnot quoted
Steelnot quoted
Aluminiumnot quoted
Ironnot quoted
Commodity Margins
WTI crude (oil)10:1
Gold20:1
Corn10:1
Brent crude (oil)10:1
Natural Gas10:1
Silver10:1
Copper10:1
Wheat10:1
Soyabeans10:1
Gasoline RBOBnot quoted
Steelnot quoted
Aluminiumnot quoted
Ironnot 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
Lloyds0.10%
Ocado0.10%
BT Group0.10%
Centrica0.10%
International Conolidated Airlines0.10%
BAE Systems0.10%
Barclays0.10%
Barratt Developments0.10%
Vodafone Group0.10%
Sainsburys0.10%
Micro Focus International0.10%
Glencore0.10%
Fresnillo0.10%
UK Stock Margins
Lloyds5:1
Ocado5:1
BT Group5:1
Centrica5:1
International Consolidated Airlines5:1
BAE Systems5:1
Barclays5:1
Barratt Developments5:1
Vodafone Group5:1
Sainsburys5:1
Micro Focus International5:1
Glencore5:1
Fresnillo5:1
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
Solitonnot quoted
NVIDA$0.02 per share
US Stock Margins
Amazon5:1
Tesla5:1
Netflix5:1
Apple5:1
Facebook5:1
Advanced micro Devices5:1
Twitter5:1
Overstock.com5:1
Boeing5:1
Uber5:1
Abbvie5:1
Snap inc5:1
Solitonnot quoted
NVIDA5:1
Overnight Financing Rates
Forex (tom next plus or minus )Tom-next+1.35%
CommoditiesLibor +/- 3.50% or+/-4.50% see here
IndicesOvernight funding for Indices is LIBOR +/- 3.25 and +/- 4.5% see here
UK StocksRelevant interbank rates +/- 4.5% and +/- 6% see here
US StocksRelevant interbank rates +/- 4.5% and +/- 6% see here
CryptocurrenciesFinancing charge of 0.083% per day see here

Latest ETX Capital News, Views, Reviews & Guides