Note:<\/strong> You need to tread with extreme caution when trading on leverage. Most leverage traders will lose money, not least because they fail to install sensible stop-loss orders. As such, you should only use leverage if you have a full understanding of the risks.<\/div><\/div>\nAlthough the above leverage limits might appear restrictive, these are in place to protect inexperienced retail traders. However, if you open a professional trading account at ETX Capital, then you will benefit from much higher limits. For example, major pairs on the MT4 platform allow you to trade with leverage of up to 400:1.<\/p>\n
Is ETX Capital Regulated? Is my Money Safe?<\/h2>\n
If your main priority is safety, then you\u2019ll be pleased to know that ETX Capital is one of the most trusted brokers in the UK. Firstly, the broker was launched in 1965. This means that the platform has survived multiple bear markets, including the 2007\/08 financial crisis that saw many brokerage firms collapse. Moreover, ETX Capital is also authorized and regulated by the UK\u2019s FCA.<\/p>\n
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The platform\u2019s FCA licnese \u2013 although compulsory, is crucial, as it ensures that ETX Capital separates your funds from its own. It does this by utilizing segregated bank accounts with tier-one financial institutions. On the flip side, it is somewhat surprising that ETX Capital does not offer 2FA (two-factor authentication). As such, make sure that you keep your login credentials safe, and always choose a strong password.<\/p>\n
Customer Support<\/h2>\n
The customer service team at ETX Capital is highly rated. You can contact support via telephone or email. Unfortunately, live chat is not supported. Moreover, support is not offered on a 24\/7 basis. Instead, ETX Capital offers support from 21:30 on Sunday, through to 22:00 on Friday. This covers major stock exchange trading hours, which is why the weekend is not covered.<\/p>\n
Conclusion<\/h2>\n
By reading our in-depth ETX Capital review, you should now know whether or not the broker is right for you. To summarize, we think that the broker ticks most boxes. Not only does ETX Capital have a trusted reputation that exceeds five decades, but it is also regulated by the FCA. You will have the option of trading more than 2,500 CFD products, or if forex is more your thing, the platform lists 58 currency pairs.<\/p>\n
The spreads on its major currencies are very competitive, and deposits and withdrawals are free. However, some of the spreads found in the CFD department can be quite wide, especially if trading stocks and shares. We also like the TraderPro platform that ETX Capital designed, its clean and crisp, ideal if you have little experience of trading online.<\/p>\n
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Trade with eToro - 0% Commission<\/p>\n <\/div>\n
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Our Rating<\/p>\n
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\n - Supports social trading, copy trading and copy portfolio features<\/li>\n
- Trade on the go via the eToro mobile trader<\/li>\n
- Highly transparent fee structure<\/li>\n
- A wide range of advanced trading tools and analytics<\/li>\n <\/ul>\n <\/div>\n \n
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