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ETX Capital Broker Review 2016

  • Min. Deposit $100
  • Min. Invest $10
  • Return 100%

ETX Capital is a brokerage company established in 2014 and operated by Monecor Limited. Go traders residing in South Africa, ETX Capital-Binary presents a modern platform with a wide selection of trading features and tools for trading binary options.

This broker is a regulated binary options broker. Also, they operate on global financial market, South African market included. To know more about this binary options broker and what does it offer to interested traders in South Africa, we recommend to read further our ETX Capital broker review.

ETX Capital

ETX Capital General Info – South Africa

Our ETX Capital broker review showed how minimum deposit amount to begin trading binaries is $100. This amount in way below an average in binary options industry and might be one of the main reasons while people decide to deposit with ETX Capital broker.

Minimum investment is set to $10, while maximum investment is $2000 per trade. This broker offers very attractive returns, even up to 100%, which seems exquisite. Accepted currencies are: USD, GBP and EUR.

ETX Capital Trading Platform and Features

We also learned in ETX Capital broker review how trading platform is based on ProTrader software, which shows user-friendly interface.

Available trade options on ETX Capital trading platform are: 6’0 Seconds, High/Low, Pair options and Long Term options. Expiration times for these options can range from 30 seconds up to 24 hours.

With ETX Capital binary broker, it is possible to trade both binary options and CFDs. however, in this ETX Capital broker review, we’ll focus on trading binary options and what trading features can be used for a successful binary trading process.

This broker offers a selection of trading tools and features which South Africans might use to have a profitable trading journey as well as experience trading on the go. By this we mean how ETX Capital broker provides traders a mobile app, for ability to access the platform from anywhere. Mobile app is connected to both Android and iOS systems.

ETX Capital mobile app is actually simple to use and presents a clear overview of the trading platform as well as History (to track past trades) and current trades for ongoing trades.

If traders in South Africa wonder which assets are available, answer to that question is: stocks, commodities, currencies and indices. In total, there are more than 100 assets available on ETX Capital platform. Under Learn tab, traders can learn more about each underlying asset type in order to get more info about different assets on financial markets.

On ETX Capital platform, South African traders might encounter two options to trade on: demo account and live trading account. This option is presented right away, in the upper part of the platform.

Demo account is considered as popular and useful trading features since it can be out of great help for traders novice. On demo, traders have an option to practice and perform different techniques to see what works the best for them.

To use ETX Capital demo, traders in South Africa first need to provide following information, such as: first and last name, phone number and email address. Our ETX Capital broker review revealed how this demo is funded with a $10 000 of virtual money since no risk is involved (meaning how no real money is to be invested).

ETX Capital

ETX Capital Customer Support Service

Responsive customer support is a significant segment of a particular trading platform. Under Contact Us tab, traders in South Africa can find more information regarding how to reach this broker.

ETX Capital broker review revealed how available communication channels are: email address and phone number. Emails are divided into two segments, email for new accounts; [email protected] and existing account holders; [email protected].

Trading platform is multilingual which can be a good info for all traders who aren’t fluent in English. Other available languages are: Norwegian, Danish, Spanish, Hungarian, Slovenian, Greek and Chinese.

To enhance traders’ knowledge, ETX Capital introduces Education tab with a variety of edu materials on disposal. They include: Live webinars, Seminars, Trader Course and Road shows. However, we haven’t noticed FAQ anywhere on the site.

ETX Capital Banking

Security comes first, according to ETX Capital broker. They are working on applying top notch security measures to protect traders’ data, personal and financial as well.

Under Legal tab, they have compiled a long list of policies which explain in more details all needed info regarding safety of ETX Capital trading platform (Privacy Measures, T & C, Website Terms of Use, Client money protection, Compliance etc).

According our ETX Capital broker review, accepted deposit methods are: major debit and credit cards except American Express, bank wire transfer and e-wallets ( Neteller, Skrill Moneybookers, UnionPay, GiroPay and Sofort).

Regarding withdrawals, to get the funds, traders first need to submit a withdrawal request, which will be processed soon (up to 24 hours). Afterwards, expected withdrawal time is between 2-5 business days.

For withdrawals higher than $100, the first 5 of them are free of charge.

ETX Capital - Review Conclusion