ETX Capital is an FCA Authorised & Regulated Forex dealer that just launched ETX Binary. They are owned by Monecor (London) Limited (founded in 1965). ETX Capital’s Financial Services Register number is 124721, and they are a member firm of the London Stock Exchange.
ETX Platform Review
ETX offers the Markets Pulse binary
options trading platform. The trading platform is very popular since it
offers 100% returns on Spread High Low & One Touch Options.
Regular high low options have an 81% return for the EUR/USD or 80% for the GBP/USD.
Another thing we noticed in reviewing ETX Capital is their updated market commentary
and news wire service. A benefit of using an established Forex dealer
like ETX, gives binary option traders a stronger support team of
advisers.
The minimum deposit for new accounts is $100 for Binary Options, and $500 for Forex trading accounts.
ETX Capital Licenses
When the scam broker investigator looks at a binary options broker to determine if it is a scam or a legit binary options broker, we want to know if a regulator like the FCA in England, the German BaFin or the CySEC in Cyprus gave them a license.
What makes ETX Capital unique is their
regulation status. While other brokers may be registered with the FCA,
ETX Capital is also regulated by them.
ETX Capital takes complaints seriously
due to their FCA license. They use an external Financial Ombudsman
Service to resolve any issues traders may have.
Traders at ETX Capital receive a higher
level of protection with their accounts, because of the Financial
Services Compensation Scheme. Trader’s funds are insured up to £50,000.
Accounts are all segregated and held in German or British banks with
investment grade ratings.
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