ETX Capital
Published: Updated:
- Trust score
- 6/10
- Legal simplicity
- 6/10
- Min. deposit
- 100
- Trading platforms
- Payment systems
- Instruments
- Forex, Indices, Commodities, Metals, Energies, Stocks, Bonds, Cryptocurrencies
- Legal entity
- Monecor (London) Limited
- Jurisdiction
- United Kingdom
- Fees
- ETX priced forex and index CFDs on marked-up spreads with no commission, and charged commission on share CFDs. Overnight financing applied to leveraged positions held past the daily cut-off.
- Withdrawals
- Withdrawals returned to the original funding method, normally within one to three business days, with card refunds limited to the amount deposited.
- Available in
Features
- Seminars and training
- Daily market analysis
- Low minimum deposit
- Telephone trading
- Segregated accounts
- Affiliate program
- Wide range of trading instruments
ETX Capital is a UK-based brokerage that has operated since 1965, originally serving institutional clients before opening to individual traders across Europe, Asia, and Russia. Its FCA-regulated entity, Monecor (London) Limited, has held approval since 1995 and is a member of the London Stock Exchange, with client funds protected by the FSCS up to £85,000. Traders can choose between the proprietary ETX Trader Pro platform, which covers more than 5,000 instruments, and MetaTrader 4, with a minimum deposit of $100.
UK broker regulated by the FCA, offering MetaTrader 4 and its own ETX Trader Pro platform with seminars, daily market analysis, and a low $100 minimum deposit.
Overview
ETX Capital is a UK brokerage that has operated since 1965, originally serving institutional clients before opening to individual traders across Europe, Asia, and Russia. The broker offers two platform options and more than 5,000 tradable instruments.
Regulation and client protection
ETX Capital trades as Monecor (London) Limited, which received UK Financial Conduct Authority (FCA) approval in 1995 and is a member of the London Stock Exchange. Client funds are protected by the FSCS compensation scheme up to £85,000 in the event of insolvency.
Leverage
Leverage follows ESMA rules for European clients, capping major forex pairs at 1:30. Traders outside Europe can access leverage of up to 1:200.
Account types
The ETX Trader Pro account gives access to the full range of over 5,000 assets through the broker's proprietary platform. The ETX MT4 account runs on MetaTrader 4 and covers around 200 instruments; it accepts GBP, USD, and EUR, while Trader Pro accounts support all major currencies.
Trading instruments
Beyond forex, ETX Capital offers cryptocurrencies, metals, commodities, and CFDs on stocks and indices. The full 5,000-instrument range is only available on the ETX Trader Pro platform.
Minimum deposit
Opening an account requires a minimum deposit of $100.
Support and extras
ETX Capital runs seminars and training, provides daily market analysis, and allows trades to be placed by phone at no extra charge. The broker was recognized for customer service in 2024.
Trading conditions
ETX Capital traded under Monecor (London) Limited, a firm whose lineage in the London markets goes back to 1965 and which held FCA authorisation with client money under FCA client asset rules and FSCS cover for eligible claims.
The offering centred on spread betting and CFDs for UK clients across forex, indices, equities and commodities, on the broker's own TraderPro platform alongside MetaTrader 4. Retail leverage followed FCA limits: 30:1 on major currency pairs, negative balance protection, margin close-out at 50%.
Status check required. The ETX brand has been through corporate change and this profile reflects the site's existing record rather than a current verification. Confirm the entity's present authorisation on the FCA Register before treating this as a live option.
Verification
Onboarding followed UK standards: electronic identity verification where records could be matched, documents where they could not, plus an appropriateness assessment for leveraged products as FCA rules require.
Before opening any account under this brand, search the FCA Register for Monecor (London) Limited and confirm both the authorisation status and the trading names currently attached to it. A brand that has changed hands may point to a different entity than the one this record describes.
