ETX Capital Review 2024

ETX Capital has closed. Please see the list of similar brokers or the Best Brokers List for alternatives.

3.3 / 5
ETX Capital is #108 in our CFD broker rankings.

ETX Capital were a London-based, FCA regulated broker offering tight spreads across a wide range of markets.

CFDs, Forex, Stocks, Cryptos
UnionPay, Skrill, Mastercard, Credit Card, Giropay, Neteller

Stock Trading

ETX Capital offer stock trading on over 5000+ assets from 20 countries. Spreads are as tight as 0.2% and the firm are FCA regulated

Crypto Trading

Trade 5 cryptocurrencies, and BTC against USD, GBP or EUR. Margin is tiered from 50%

Spread Betting

ETX Capital offer 5000+ markets with ultra tight spreads for tax free spread betting. The TraderPro platform is delivered on mobile too, and includes price alerts.

ETX Capital have completed a re-branding exercise, and are now call ‘Oval X‘.

To Read our full review of OvalX, click here.

ETX Capital History

ETX Capital were a London based online broker, offering trading to clients around the world. FCA regulated, the firm grew beyond purely foreign exchange and added stock trading via CFDs and developed two trading platforms.

In order to better represent their offering, they rebranded in 2022.

CFDs are not available to residents in the United States.

Top 3 Alternatives to ETX Capital

Compare ETX Capital with the top 3 similar brokers that accept traders from your location.

  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.

  2. Pepperstone – Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.

    CFDs and FX 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.
  3. AvaTrade – AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, from CFDs to AvaOptions and now AvaFutures, alongside a comprehensive education center and multilingual customer support.

ETX Capital Comparison Table

Compare ETX Capital With Similar Brokers
ETX Capital IG Pepperstone AvaTrade
Rating 3.3 4.4 4.8 4.9
Markets CFDs, Forex, Stocks, Cryptos CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures
Demo Account Yes Yes Yes Yes
Minimum Deposit £250 $0 $0
Minimum Trade £1 0.01 Lots 0.01 Lots 0.01 Lots
Education No Yes Yes Yes
Platforms MT4 Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade
Leverage 1:30 1:30 (Retail), 1:250 (Pro) 1:30 (Retail), 1:500 (Pro) 1:30 (Retail) 1:400 (Pro)
Payment Methods 6 6 11 13
Visit Visit Visit Visit Visit
Review IG

Compare Trading Instruments

Compare the markets and instruments offered by ETX Capital and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare ETX Capital Trading Instruments
ETX Capital IG Pepperstone AvaTrade
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities No Yes Yes Yes
Oil No Yes Yes Yes
Gold No Yes Yes Yes
Copper No Yes Yes Yes
Silver No Yes Yes Yes
Corn No No Yes Yes
Crypto Yes Yes Yes Yes
Futures No Yes No Yes
Options No Yes No Yes
ETFs No Yes Yes Yes
Bonds No Yes No Yes
Warrants No Yes No No
Spreadbetting Yes Yes Yes Yes
Volatility Index No Yes Yes Yes

ETX Capital vs Other Brokers

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ETX Capital were a London-based, FCA regulated broker offering tight spreads across a wide range of markets.