ETX Capital
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73.85% of retail CFD accounts lose money.

Vs.

Exness
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74-89% of retail CFD accounts lose money.

ETX Capital Vs. Exness - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Oct 20 2022

Visit

73.85% of retail CFD accounts lose money.

Visit

74-89% of retail CFD accounts lose money.

Overview

Founded in 1965, ETX Capital dedicated the last decades to both spread betting and CFD trading until their recent rebranding into OvalX.

Exness is a Cypriot broker founded in 2008 that specialises on currencies trading via MT4 & 5 along with their proprietary Exness Trader platform.

Best For
  • Forex traders for variety of currencies and high net worth equities
  • Traders seeking commission free equities inside their 250 commission-less selection
  • Traders who want to trade commodity futures and bonds 
  • Low volume traders looking to take advantage of their low sized account offerings
  • Off-shore traders looking for high leverage factors
  • High volume traders looking for their professional accounts (assuming they are satisfied with their available assets)
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

6

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • FCA (UK)
  • FSCA (South Africa)
  • CySec (Cyprus)
  • FSA (Seychelles)
  • CBCS (Curaçao)
  • FSC (British Virgin Islands)
  • FSC (Mauritius)
  • FSCA (South Africa)
  • CySec (Cyprus)
  • FCA (UK)
The Good
  • Commission-free trades for 250 equities
  • Low minimum deposit to open standard account (100£)
  • Wide selection of commodity futures and bonds
  • Decent educational material for market research, including seminars on indices, commodities and currencies
  • Competitive spreads depending on the account type
  • Low entry barrier for new traders
  • No minimum deposit on standard accounts
The Bad
  • Doesn’t provide live news feed on standard account
  • No ability to purchase real stocks or ETFs (All assets are CFDs)
  • Expensive commissions on shares (Eg minimum $15 on US shares, 10 € on EU shares)
  • Most Exness' the financial licenses are from off-shore locations
  • Very low asset offering with less than 200 instruments
  • Despite using TradingView charts, multi-charts layout or fullscreen are not possible
Status
Inactive Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
1965 2008
💳 Minimum Deposit Range
From $100 to $10,000 From 0 to $3,000
💰 Payment Methods
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • UnionPay
  • Bank Transfer
  • Credit Card
  • Debit Card
  • Neteller
  • Skrill
  • USDT (Tether)
  • Bank Transfer
  • BTC (Bitcoin)
  • Perfect Money
  • SticPay
  • USDC (USD Coin)
💵 Account Base Currencies
3 - EUR, USD, GBP 1 - USD
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, BE, CN, SG, CH.

US, CA, SY, IR.

📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
5,174 243
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
5,000 100
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
60 100
📗 Commodities
0 0
📗 Commodities CFDs
17 7
📕 Indices
0 0
📕 Indices CFDs
20 10
📔 ETFs
0 0
📔 ETFs CFDs
19 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
5 26
📒 Bonds
0 0
📒 Bonds CFDs
8 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
45 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share 1 Share
📉 Minimum ETFs Trade Size
1 ETF Unavailable
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC) 0.01 Lots ($1,000)
📉 Minimum FX Trade Size
$1,000 (0.01 lots) 0.01 Lots ($1,000)
📈 Minimum Commodities Trade Size
Varies per commodity (Eg 0.1 for WTI, 1 for Cotton) 0.01 Lots ($1,000)
📉 Minimum Bonds Trade Size
1 Bond Unavailable
📈 Minimum Futures Trade Size
Varies per futures contract (Eg: 0.1 Copper, 1 for Bonds) Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 2000
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
No Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
Yes No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
None None
💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions

Depending on asset class. (Eg: U.S shares have a 2 cents per share charge with a minimum of $15 per order, European shares have a 0.1% of transaction value charge with a minimum 10 € charge)

Commissions vary as follows:

  • No comissions on Standard account
  • No comissions on Standard Cent account
  • $3.5 per lot side on Raw Spread account
  • $0.2 per lot side on Zero account
  • No commission on Pro account
Spreads
📈 EUR/USD
Dynamic - From 0.6 Pips 1 Pip
📉 SP500
Dynamic - From 60 Pips From 200 pips
📈 GOLD
Dynamic - From 60 Pips From 20 Pips
📉 TSLA (Stock CFD)
Dynamic - From $13 From $0.10
📈 XLK (ETF - CFD)
Unavailable Unavailable
📉 BTC
Dynamic - From $226.4 From $20
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
No Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No
📡 Educational Content
No No
📡 Live Chat Support
No Yes
📡 Video Tutorials
No No
📡 Account Management
No No
📡 Webinars
No No