ETXCapital ReviewVisit Website
- FCA Regulated
- No USA traders
ETXCapital Deposit & Withdrawal Methods
ETXCapital Broker Information
- Minimum Deposit:
- Minimum Withdrawal:
- Minimum Trade:
- Demo Credits:
- High/Low, Pairs, One Touch, Ladder, Forex
- 30 sec, 60 sec, 90 sec, 2 min, 5 min, 15 min, 30 min, 45 min, 1 hour, End Of Day
- iPhone, iPad, Android
ETX Binary is a binary options platform offered by ETX Capital, a well-known broker with over a decade of experience in the spread betting and CFD markets. With a wide range of benefits, together with its user-friendly platform and trading tools, ETX Binary has already proved to be a firm favourite with traders.
Traders who choose ETX Binary gain access to a platform which provides all the excitement of binary options trading, together with the added benefits of mobile trading and extensive charting choices. ETX Binary also offers traders a wide range of expiry times for their trades. Short-term binary options give traders the ability to trade either one, two, three and four minute options. Those who prefer long term trading can opt for ETX Binary’s month-long options. ETX Binary uses the latest SpotOption trading platform which is also advantageous in that it works with almost all signal providers software.
ETX Capital History
ETX Capital is is a trading name of Monecor (London) Limited. The company is based in London’s financial district and is authorised and regulated by the UK’s Financial Conduct Authority (FCA). It is also fully EU regulated and certified by JFSA Japan. Since setting out in 2002, primarily as a Forex dealing desk, ETX Capital has expanded significantly in the last few years and has more recently, branched into binary options trading.
With its all-round expertise in the financial markets, ETX Capital is a solid UK based company in every respect and is highly regarded in the industry. With an outstanding customer support team on hand for every trader and a website that is available in 17 languages, ETX Capital delivers a variety of services that is unparalleled in the industry.
ETX Capital Bonus Terms & Conditions
ETX Capital currently offers a very generous first-deposit bonus to traders opening an ETX Binary account. For a first deposit of $250 or more, ETX Capital will give traders a 30% bonus. Those depositing $500 or more receive a 50% bonus and first deposits of $1000 or more get a 60% bonus. With a first deposit of $5000 or above, up to a level of $20,000, ETX Capital pays traders an outstanding 75% bonus.
After a trader has made an initial deposit, they will need to contact their account relationship manager or customer service team to get the appropriate bonus applied to their account. Withdrawal terms and conditions state that the maximum bonus amount is £6,000, €6,000 or $6,000 per customer. Bonus money may not be withdrawn until the release criteria are met. To satisfy the release criteria, a trader’s account must be fully authorised and binary options trades must have been closed with a total turnover of 5000% (x50 times) the bonus amount.
ETX Capital Demo Account
For traders who have considered trading but haven’t yet taken the step, or for more experienced traders wishing to practice their trading strategies, an ETX Capital free demo account allows all levels of traders to practice risk-free on live markets for 14 days with a virtual balance of $10,000. Opening a demo account is straightforward and can be found under the ‘Education & Tools’ tab on the website. Users are required to fill in the information that is requested in order to sign up.
ETX Capital Scam Watch
Primarily, ETX Capital is regulated by the FCA as well as being EU regulated and certified by JFSA Japan. This means it has strict guidelines to adhere to which is reassuring for prospective traders who know they are not dealing with a scam broker. ETX Capital has also put procedures into place designed to keep customer money secure and daily security checks ensure that the firm has constant sufficient regulatory capital. Client funds are also kept completely separate from company money in investment grade rated German and UK banks. Overall, EFX Capital is entirely trustworthy with a strong industry reputation, and certainly one we would highly recommend.
ETX Capital Mobile App
ETX Binary traders don’t need to worry about their trading activities when they’re out and about as there is a mobile app version available for iPhone, iPad and Android devices. Traders can catch all the best trading opportunities with the ability to respond quickly to shifting market conditions even when they’re away from their desk. The app gives traders access to the full range of markets available on the desktop versions of the platform, but with the added benefit of increased mobility. The platform layout on mobile and tablet devices is also similar in style to the desktop versions, allowing traders to switch between the different formats with ease.