If you're looking to apply for a spread betting and/or CFD trading account then one option is ETX Capital, a leading UK operator offering both spread betting and CFDs.
If you spread bet with ETX Capital you get all the normal benefits such as:
Tax-free* investments (although this depends on your personal circumstances and the jurisdiction that you pay tax in)
No Capital Gains Tax
No Income Tax
No Stamp Duty
You can buy or sell markets
There are no commission fees (spread bets only)
There are no brokers' fees
A wide range of markets including stock indices, forex, shares, commodities, interest rates and bonds - for more details see ETX Capital markets
ETX Capital
As well as the above, with an ETX Capital account you also get:
Mobile Trading - the ETX iPhone app lets investors trade quickly and stops them from being shackled to their PC, see ETX Capital Mobile Trading below for details.
Autochartist - the powerful technical analysis tool, see Autochartist below for details.
MetaTrader 4 - investors can use MT4, one of the most popular forex trading platforms. MT4 tools include automated trading via EAs, pre-set indicators, multi-account management, back-testing and comprehensive charting.
Advanced Charts - the platform comes with award winning Trade-Through Charts as standard, see ETX Charts below for details.
An Advanced Trading Platform - the platform offers fast execution, trade-through charts (see below), price alerts, a wide range of markets, multiple watchlists, the option to manage your trading screen layout etc.
Tight Fixed Spreads - there are low fixed spreads across popular forex, index and commodities markets, see leading spread betting firms for details.
CFD Trading - as well as a comprehensive spread betting service, ETX Capital offer a broad array of Contracts for Difference (CFDs) including stock indices, forex, shares, commodities and ETFs.
Options - options offer a useful addition to normal spread betting and CFDs. Options let you speculate on the future value of an underlying market by giving you the option to buy or sell at a particular price in the future.
Exchange Traded Funds - ETFs track the performance of an index, commodity or a collection of assets, e.g. a sector or bundle of commodities, but they are traded like a share. ETFs available include; ETF All Commodities, ETF Agriculture, Financial Bear (3X), MSCI Turkey Index, MSCI Emerging Markets Index and Market Vectors Russia.
Multilingual Websites - there are live local language sites in Danish, French, German, Greek, Italian and Spanish.
Flexible Order types - there is a range of risk management and trading orders e.g. stop losses, take profit orders (limit orders) and OCO (one-cancels-the-other) orders.
High Quality Customer Service - the spread betting company has been recognised as having one of the highest levels of customer satisfaction in the industry.
ETX Capital Awards
ETX Capital have won a range of awards in recent years, these include:
Best Online Charts, MoneyAM Awards, 2012
Best Futures & Options Broker, Shares Awards, 2012
Best Value for Money, Investment Trends, 2011
ETX Capital Mobile Trading
The ETX Capital iPhone app is a user friendly app that lets investors:
Trade quickly using the one-tap trading function
Trade global markets 24 hours a day (Sunday evening to Friday evening)
Access live charts and apply technical analysis indicators e.g. Moving Averages, Bollinger Bands, MACD and Stochastics
Add and amend trading orders like Stops, Limits and OCOs
Quickly find markets and create watchlists
View their portfolio, account balance, trading history, transaction history and open positions
ETX Capital Account
A quick overview of the ETX Capital account:
ETX Capital Services
Online Application
Credit Account
Deposit Account
Stop Loss Available
Automatic Stop Loss
24 Hour Trading
FSA Authorised and Regulated
New Account Offer
Candlestick Charts
User Ratings & Comments on ETX Capital
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Trade directly on the chart, i.e. you can open and close positions, set limit orders and track open trades on the chart
Display the mid, bid or offer price
View the spread on the chart
See the chart on the deal ticket
The charts actually come in two versions; basic and advanced, clients have free access to both.
Naturally, as with the charts that most of the leading spread betting firms provide to their clients, you can:
Choose from a number of different display styles e.g. candlestick, HLOC, line and area
Use drawing tools e.g. point-to-point lines, Fibonnacci retracement and Fibonnacci cycles
Add a variety of studies (indicators)
Save your settings
Autochartist with ETX Capital
Autochartist is one of the fastest scanners of technical patterns and ETX Capital clients are eligible for a free Autochartist subscription.
The Autochartist tool scans more than 10,000 symbols every minute, across five different time frames, from 15-minute graphs to end-of-day graphs. The key benefits of Autochartist include:
Intraday Scanning: quick notifications regarding potential trade opportunities throughout the day.
Forecast Zones: once a pattern has been completed, Autochartist can automatically plot a forecast zone of the price level that is expected to be reached. According to the ETX website, this feature comes with a 70% success rate†.
Quality Indicators: automated visual analysis that combines four unique characteristics to assess the quality score of a pattern.
Pattern Recognition: Autochartist automatically detects predefined patterns and key levels.
Trade Style: the software automatically plots support and resistance levels in order to help both ‘breakout traders’ and ‘swing traders’.
‘PowerStats’: a feature which assesses the risk and volatility of the instruments that you trade.
Training: the service comes with training videos and guides to help investors maximise the use of the chart patterns and technical analysis.
† The 70% success rate is based on the previous 6 months of trading data although, as always, any indication of past performance is not a reliable indicator of future results. This information has been obtained from Autochartist. ETX Capital, Autochartist and CleanFinancial do not make any representations that any results will be achieved.
About ETX Capital
ETX Capital is the trading name of Monecor (London) Limited, company number 00851820. Monecor (London) Ltd is Authorised and regulated by the Financial Services Authority, registration number 124721, a member firm of the London Stock Exchange.
Address: Beaufort House, 15 St. Botolph Street, London, EC3A 7DT.
Risk Warning: Financial spread bets and CFDs are leveraged products and it is possible for losses to exceed deposits. Financial spread betting and CFD trading are not suitable for everyone so please seek advice if you do not understand the risks.
ETX Capital Video Guide to Placing a Financial Spread Bet
The following video takes a quick look at finding/selecting a market, opening a trade ticket, placing a trade and checking the trade.
ETX Capital Video Guide to the Trade-Through Charts
The next video takes a look at accessing the charts, charts studies (indicators) and the drawing tools.
ETX Capital Video Guide to the Advanced Trading Platform
This video guide walks you through a number of the trading platform’s features such as checking your watchlists, alerts and order book as well as monitoring your account and customising your trading screen.
Risk Warning: Financial spread bets and CFDs are leveraged products and it is possible for losses to exceed deposits. Financial spread betting and CFD trading are not suitable for everyone so please seek advice if you do not understand the risks.
Article provided / approved by ETX Capital which is the trading name of Monecor (London) Limited, company number 00851820. Monecor (London) Ltd is authorised and regulated by the Financial Services Authority, registration number 124721.
'ETX' edited by DB, updated 21-May-13
For related pages also see:
ETX, updated 21-May-13
ETX Capital review with User Ratings and Comments. ETX Capital is commission-free and comes with mobile apps, MT4, Autochartist, 24 hour trading, CFDs, Trade-Through charts and...read article: ETX. ETX Capital, updated 30-Apr-13
ETX Capital provide tax free* spread betting on thousands of international markets including stock market indices, forex, UK and US shares, commodities, ETFs, bonds, spread betting on options and...read article: ETX Capital. ETX Capital Offer, updated 30-Apr-13
No current offers with ETX Capital. If in doubt, please check the ETX Capital website....read article: ETX Capital Offer. ETX Capital Wins Trading Award, updated 22-Mar-11
ETX Capital, a leading UK CFD and spread betting company, has won the 2010 Bronze Members Choice Award for Best Spread Betting Broker at the prestigious Trade2Win (T2W) awards...read article: ETX Capital Wins Trading Award. ETX Mobile Spread Betting, updated 30-Apr-13
ETX Capital, a leading provider of spread betting and CFD trading, has announced the release of several new features for their iPhone app. The iPhone spread betting app allows...read article: ETX Mobile Spread Betting. ETX Capital iPhone App, updated 26-Jul-11
ETX Capital have launched an iPhone trading application. The Spread Betting, CFD and FX mobile trading application is now available to download via the App Store. The real time mobile trading application offers the same advanced functionality available on ETX Capital's online trading platform and...read article: ETX Capital iPhone App. Trad Index, updated 22-Sep-08
Traders can set specific stop levels to manage their risk plus trade currency pairs including the GBP/USD, Euro/USD, GBP/Euro, USD/Yen plus Nymex crude, Brent Crude oil, gold, copper...read article: Trad Index. Trad Index Financial Spread Betting Markets, updated 22-Sep-08
Trad Index offer a wide range of global indexes including the FTSE 100, Wall Street, S&P 500, Nasdaq, German DAX, French CAC and S&P/MIB. ...read article: Trad Index Financial Spread Betting Markets. Spread Betting Markets - US Set to Fall Over Fiscal Cliff, updated 27-Dec-12
A video looking at overnight trading in Asia, the Nikkei 225 is at its highest level for a year. Also Barak Obama is back early from his holiday as it looks like the US will go over the fiscal cliff...read article: Spread Betting Markets - US Set to Fall Over Fiscal Cliff.
User Reviews and Opinions
The following is a copy of the above user comments, they are displayed here for users whose browsers do not support JavaScript and therefore can’t read the above opinions and comments.
Comment by Gold_Gordon
21-May-13
[5:22pm] Editors comment: ETX have now added Autochartist to their platform - http://www.cleanfinancial.com/etx.php#autochartis... - if you are into your technical analysis then the Automatic Scanning and Pattern Recognition elements of Autochartist are worth a closer look.
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Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
The contents on CleanFinancial.com are for information purposes only and are not intended as a recommendation to trade. Nothing on this website should be construed as investment advice.
Neither CleanFinancial.com nor any contributing company/author accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.
* Tax law is subject to change or may differ if you pay tax in a jurisdiction other than the UK.
