You can add or remove them by navigating to the “Studies” tab on the particular chart. Select the symbol you want to remove or add and update the settings. After this action, you should be able to see the indicator on your chart. As excellent researchers, we have spent several months studying several CFD platforms. When we made test research on ETX Capital, the following was what we discovered about the platform.

The company won the Best Forex Trading Tools & Software award at the UK Forex Awards in the same year. By 2014, ETX acquired Shelbourne Markets and launched ETX Ireland, making ETX’s new acquisition the largest CFD and spread betting provider in the country. The brand continued to expand and acquired Alpari UK’s customer base after the collapse of Alpari in January of that year. Trading Futures and Options on Futures involves substantial risk quebex of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.

The main differences using MT4 versus TraderPro are the spreads and technical analysis tools. There are 30+ technical indicators — TraderPro has a similar set of tools. Minimum spread and minimum margin rates for forex pairs may change over time.

1. ETX stands for the services that Monecor offers, Electronic Trading, Telephone Trading, and Execution Services.
2. OvalX sets margin requirements based on the asset category and instrument you trade.
3. Multiple chart types, technical indicators, and drawing tools are available for analysis.
4. Spread betting accounts are similar to the normal trading accounts, and enjoy a tax-free status in the UK.
5. ETX Capital has high economic reliability and more than 5000 markets.
6. Based on that list alone, TraderPro is a good choice because it opens up a world of trading opportunities.

Besides this, ETX capital charges overnight rollover fees, determined by the specific instrument and position size. Lastly, they charge monthly fees to accounts that have been dormant for more than 365 days. 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.

Accounts offered:

For indices, commodities, and equities, their charge is the total position held multiplied by 3.5%, then divided by 365. Though the basic market spread is broader since a 3-day position is done instead of one. Also, for FX, interest, the summation is based on the particular currency used in trading.

Before you trade, AskTraders.

ETX Capital, launched in 2002 by Monecor as TradIndex, was acquired by a joint venture between the UK-based JRJ Group and the Netherlands-based BXR Group. Following the acquisition, the group decided to rebrand TradIndex into ETX Capital. Since October 2020, ETX Capital, part of Swiss-based Guru Capital, purchased the online brokerage from JRJ Group.

Therefore, traders who wish to scalp the Forex market will find more suitable brokers with an infrastructure that supports it. I like the 79 currency pairs ETX Capital offers, placing it in the top quintile of brokers, but the seven cryptocurrency pairs remain a disappointment. Finally, we’ve listed some of the popular funding methods that ETX Capital offers its traders below.

How to Access MetaTrader 4 (MT with OvalX

All fees/prices are for informational purposes and are subject to change. It is either a trader who opens a Spread bet position or selects to make transactions on CFDs. Forex with ETX Capital can be carried out in two separate ways, such as a CFD or as a Spread bet. This is one of the vital decisions to make because it is a just2trade review core strategy of any trade, and the kind of deal selected may influence the period a position is held open.

ETX Capital offers the payment methods of bank wires, credit/debit cards, UnionPay, Skrill, and Neteller. Equity traders get a well-balanced choice of large-cap and mid-cap CFDs, offering all traders and strategies advanced diversification opportunities across countries and sectors. Compare Broker’s mission is to help you compare brokers and find the one which suits your trading needs free of charge.

These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. New clients have to go through a compliance check to see if they can trade and to ensure they fully understand the risks involved in trading.

What Can I Trade

The move by ETX Capital displays a deep understanding of the requirements of its traders, and the FSCA license remains a strategic move to ensure it can expand its business. You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process. As you can see, ETX Capital’s minimum spread for trading EUR/USD is 0.6 pips, which is lower than the average EUR/USD spread of 0.70 pips. The table below compares the costs of trading one lot of EUR/USD with ETX Capital to similar brokers. The commissions and spreads shown here are based on the ETX Capital website’s minimum spreads.

When opening an account at the ETX Capital website, traders should be ready with a colour copy of their passport, national ID or driver’s licence. A bank statement or utility bill from the past three months will also be required so that the company can verify the client’s address. Traders also have access to popular cryptocurrencies, such as Bitcoin, Ripple, Litecoin, and Ethereum on the platform.