ETX Capital Journal
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ETX Capital |
- Full listing profile: ETX Capital broker profile
Is ETX Capital safe?
- Investor protection: UK Financial Services Compensation Scheme (FSCS)
- Regulation: FCA UK
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: yes
- Negative Balance Protection: yes
Is ETX Capital trusted?
- Information transparency: sufficient
- Customer service: prompt, helpful
- ETX Capital website: uninformative, updated
- ETX Capital popularity (by visitor count): average
How ETX Capital works
In the unlikely event of ETX becoming insolvent, segregated client funds cannot be used for reimbursement to ETX Capital’s creditors. If we are unable to satisfy repayment claims, eligible claimants have the right to compensation by the Financial Services Compensation Scheme (FSCS), up to £85,000.
4.1 We are the counterparty to all Trades executed using the Services. All Trades are on a principal-to-principal basis, i.e. directly between you and us..
1 When you enter into a Trade with us you will be charged a mark-up or mark-down (the difference between the price at which we take a principal position and the Trade execution price with you.
9.19 We will enable the Expert Advisor function as a default for your Trading Account; however, we reserve the right, in our sole discretion, to ban or otherwise prohibit the use of any particular Expert Advisor or Script or to disable your account for all Expert Advisors and Scripts.
11.4 We reserve the right, in our sole discretion, to change your underlying liquidity feed to another provider in order to protect against abuse.
12.1 We offer a range of different Orders to open and close Trades. We do not act on your behalf but as a counterparty and we will take all reasonable steps to obtain, when executing, the best possible results for you.
2.2 We may, at our absolute discretion, accept or reject an Order from you.
12.5 If your Order is a Guaranteed Stop we guarantee that the price at which we fill your Order will be the same as the price you specified in the Guaranteed Stop.