ETX Capital is a London based ‘new breed’ of binary operators. It is primarily a Spread Betting and CFD broker, but have added Binary Options to their portfolio. They offer a fantastic platform and due to them providing CFD trading in the UK, they are regulated by the Financial Conduct Authority.
- Demo Account: Yes
- Minimum Deposit: £100
- Minimum Trade: £10
- Mobile App: Yes, Compatible across all platforms.
ETX have a specific binary platform, with its own login. This is closed entirely while global markets are closed. There are no ‘Randoms’ or other virtual markets to entice clients to over trade.
The Left side of the screen is where the user will find the Asset and options list. They provide the usual mix of assets – Forex, Indices, Commodities and Stock. Once the option and the asset have been chosen, the price graph on the right-hand side will update to display the relevant information. From here the Expiry Date can be changed, with Incremental expires and ‘end-of-day’ expiry times available. The stake level can be found above the graph, with pre-set buttons to make the trading process quicker.
The call and put buttons are located to the left side of the stake field, Call meaning the trader believes the price will rise, and put meaning the trader believes the price will fall. Once the user has highlighted whether they wish to Call or Put, they then click ‘Invest’ to confirm the trade. Once done, the completed trade will appear in the ‘Open positions’ screen below the trading area.