ETX Capital Review 2026
A licensed kitchen with real, checkable paperwork.
ETX Capital opened its doors in 1965 and cooks as a regulated CFD broker, carrying FCA licence 124721.
What's on the menu
ETX Capital has been serving since 1965, with the kitchen based in London, UK. The firm is privately held. The order book runs deep: 5,000 CFD instruments spanning forex, indices, commodities and crypto. Everything here is a contract for difference, so you are trading the price move, not owning the underlying dish.
MetaTrader comes plated on every account type. There is no copy-trading option here.
| Founded | 1965 |
| Headquarters | London, UK |
| Instruments | 5,000+ |
| Platforms | TraderPro, MT4, MT5 |
| MetaTrader | Yes, MT4 and MT5 |
| Copy trading | No |
| Real stocks | No, CFDs only |
Kitchen inspection: is ETX Capital safe?
FCA-regulated brokers must keep client funds in accounts segregated from company funds, provide negative balance protection, and contribute to the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 per client if the broker becomes insolvent.
| Regulator | Licence | Entity |
|---|---|---|
| FCA | 124721 ✓ | Monecor (London) Ltd t/a ETX Capital |
Want to inspect the kitchen yourself? Pull up register.fca.org.uk and look up the FCA licence. The listing lays out the entity name, its authorisation status and the full list of what it is cleared to do. A minute, tops.
Ready to open an account?
ETX Capital - FCA regulated, min deposit $100, 5,000+ instruments.
Ingredient costs: ETX Capital spreads
Here is what the raw ingredients cost on a standard ETX Capital account. Spreads breathe with the market and with your account tier; step up to an ECN or raw-spread table and the spread shrinks, but a per-trade commission joins the bill.
| EUR/USD | 0.6 pips pips |
| GBP/USD | 0.9 pips pips |
| USD/JPY | 0.7 pips pips |
| Gold (XAU/USD) | 21c/oz |
| S&P 500 | 0.5pt |
That EUR/USD figure of 0.6 pips pips is a fair price to pay on a commission-free account.
The bill: ETX Capital withdrawal fee and timing
Cost to take money out: None. ETX Capital does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
How long it takes: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
No cash leaves the till until your identity checks out. If your proof of ID and address are not yet filed and cleared, the payout waits; once you are fully verified, cash-outs follow the timings shown above.
The cover charge by entity
The opening deposit at ETX Capital depends on which entity seats your country. Offshore branches tend to set a smaller cover charge, but you dine with a thinner layer of regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| Monecor (London) Ltd t/a ETX Capital | FCA 124721 | $100 | 1:30 |
ETX Capital vs eToro
| ETX Capital | eToro | |
|---|---|---|
| Primary regulator | FCA 124721 | FCA 583263 |
| Min deposit | $100 | $50 |
| EUR/USD spread | 0.6 pips pips | 1.0 pips |
| MetaTrader | Yes | No |
| Instruments | 5,000+ | 3,000+ |
| Copy trading | No | Yes |
| Withdrawal fee | None | $5 per withdrawal |
Both kitchens hold real licences, so neither is a bad table. Pull up a chair at ETX Capital if you value MetaTrader and running algorithms. eToro plates up better for anyone who leans on its particular regulated-entity coverage.
The licences, line by line
| FCA | 124721, Monecor (London) Ltd t/a ETX Capital |
Under ESMA house rules, retail traders in the EU and UK are served leverage no higher than 1:30 on the major forex pairs.
What tastes good, what leaves a bad aftertaste
Cooked well
- FCA regulated, Monecor (London) Ltd t/a ETX Capital
- MetaTrader 4 and 5 available
- 5,000+ instruments
Sent back
- No copy trading
- No real stock ownership, CFDs only
- Inactivity fee: $25/month after 12 months
Compare ETX Capital before you commit
4.0/5 rating - FCA regulated - min deposit $100
The verdict
Nothing on the plate here is fake: ETX Capital is a genuine, regulated broker, and FCA licence 124721 checks out on the public register. The table is set best for traders who want MetaTrader served on a regulated platform. We rate it 4.0 out of 5.
Other tables worth a look
If ETX Capital is not quite to your taste, these regulated kitchens are worth comparing:
Frequently asked questions
Is ETX Capital safe?
FCA-regulated brokers must keep client funds in accounts segregated from company funds, provide negative balance protection, and contribute to the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 per client if the broker becomes insolvent. The kitchen holds FCA licence 124721, and you can confirm it for yourself on the official register.
What is the ETX Capital minimum deposit?
The cover charge is $100 at the main regulated entity. Offshore branches may plate it differently, so check the entity table above for the full spread.
What is the ETX Capital EUR/USD spread?
On a standard ETX Capital account the EUR/USD ingredient runs about 0.6 pips pips. It moves with the market; an ECN or raw table trims the spread in exchange for a per-trade commission.
How long does ETX Capital take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does ETX Capital charge withdrawal fees?
None. ETX Capital does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does ETX Capital have MetaTrader?
Yes. Both MT4 and MT5 are on the menu across every account type, so automated strategies, custom indicators and expert advisors are all on the table.