Getting much profit is one of the most traders’ considerations in choosing the broker and ETX Capital (Monecor Limited) promises it. Monecor Limited or ETX Capital Broker is located in London, England and has been operating since 2008.
This broker specialized in spread betting (only for England and Ireland citizens), forex trading, and CFD trading.
This broker has actually found since 1973. The first name of this broker named TradIdex in 2002. In 2008, this broker changed to be ETX Capital. In England, there are seven branch offices outside England.
Monecor Limited is registered under number 124721 in England FCA.
The Advantages of ETX Capital
ETX Capital offers 3 high-tech trading platforms for other traders. The first is platform MT4 (MetaTrader4) which the most popular trading in the world. At this point, you can also choose two other platforms to accommodate traders’ needs who want to trade via web or iPad, iPhone, and Android.
By using three platforms, ETX Capital guarantees the traders to manage an optimal risk, review trading history, and calculate potential trading from everywhere as long as the internet connection is available. To emphasize this point, this will help traders to do their trading activities. By its advantages, traders can choose the appropriate platform based on the needs and their trading style.
ETX Trader Pro
As the name suggests, this platform is geared towards experienced traders or ‘pro’ accounts. As a result, you get a range of advanced features and comprehensive access to the financial markets. Particularly, TraderPro reviews highlight sophisticated charting tools. It means that it allows you to choose and view numerous charts in different time frames simultaneously.
Minimum Initial Deposit
The minimum initial deposit £100. This is relatively low for the industry, making the brokage attractive to beginners with a limited initial capital. But, you need to highlight that ETX Capital is a market maker that entry requirements and minimum bet sizes are lower than traditional ECN brokers. ETX does motivate traders to make a large initial deposit by offering a free trading course to traders who deposit $1000 (or equivalent).