Is ETX Capital a Scam?

Is ETX Capital a Scam?

Is ETX Capital a Scam?

In 2002, a new broker appeared in the trading industry and started attracting a huge number of traders with its excellent offer and numerous interesting features. 15 years later, that company is still very much alive on the market and known as ETX Capital. Because of that, we think it’s pretty safe to say that this broker is completely trustworthy and a reliable business partner, but we still wanted to see how its security system operates. Given its history, we honestly don’t think the question “Is ETX Capital a scam?” even needs to be asked, but if you’re a new trader this article will help you get the idea how things are done around here. Read on!

Is ETX Capital a Scam? | Regulated

The main thing you need to look at when examining a broker’s security system is whether or not the company has a license. This one does and it comes from the Financial Conduct Authority (the FCA). This means several very important things. First, ETX conducts its business in accordance with the industry’s best practices. Second, all funds are kept in segregated accounts, and these accounts are opened with various financial institutions that have proven themselves as reliable business partners. And third, you will be covered by the Financial Services Compensation Scheme (the FSCS) should anything happen to the broker and your money become unavailable to you (this is highly unlikely, but it’s good that you’re covered here, too). So from a legal standpoint, there is no need to ask is ETX Capital a scam. What about the technology? Stay with us and find out!

ETX Capital Regulation

ETX Capital Regulation

Is ETX Capital a Scam? | Everything checks out

Like we said in our ETX Capital Review 2017, you can choose between three different trading platforms on this website. However, no matter which one you choose, the experience you get will be spectacularly good. Everything works absolutely flawlessly, from price updates to trade executions, so there’s nothing for you to worry about. The same goes for all money transfer methods you can use, as the transactions are executed without any withdrawal problems, and we never saw a trace of any kind of ETX fraud. The quality of the company’s support team is also something that can back that claim up because the people working here are extremely capable and always at your service. In short, the whole offer is designed in such a way that you feel right at home, and we can only congratulate this broker on that.

ETX Capital Home Page

ETX Capital Home Page

Is ETX Capital a Scam? | Conclusion

Is ETX Capital a scam? Not a chance. Think about it, they have been in this industry for 15 years, so they really know how things are done. Besides, if there were any doubts about their honesty, they wouldn’t still be operating. Don’t forget that the company is also regulated and a part of the FSCS, which means you are financially covered at all times. Have no fear, open an account with ETX now because you will have a really difficult time trying to find a more professional and serious partner.

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Author: Ben Prescott
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