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


Visit 73.85% of retail CFD accounts lose money.	Visit 67.6% 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.	Forex.com is a global broker headquartered in the U.S and part of StoneX (publicly traded company on NASDAQ) that specialises in offering CFDs based on commodities, currencies, indices, stocks, ETFs, shares, bonds and cryptocurrencies.
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	Traders of all levels (beginner to advanced) looking for competitive pricing Trades of all levels looking for a great platform variety High volume traders looking for ECN or DMA accounts offering deep liquidity for large trades
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 4 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
FCA (UK) FSCA (South Africa) CySec (Cyprus)	FINRA (United States) FCA (UK) FFAJ (Japan) IIROC (Canada) CySec (Cyprus) CIMA (Cayman Islands)
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	Great platform offering (Proprietary, TradingView, MetaTrader 4 & 5) Excellent asset offering (more than 5,000+ instruments) Competitive spreads in some of their assets
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)	Despite presenting a great customisable platform, it still feels messy and not intuitive to use Commissions are expensive when compared to similar competitors
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	2001
💳 Minimum Deposit Range
From $100 to $10,000	$100
💰 Payment Methods
Visa Mastercard Maestro Skrill UnionPay Bank Transfer	Visa Mastercard Skrill Neteller Bank Transfer
💵 Account Base Currencies
3 - EUR, USD, GBP	6 - GBP, USD, EUR, AUD, JPY, CHF.
🗽 Available to U.S Citizens
No	Yes
❌ Restricted Countries
US, BE, CN, SG, CH.	None
📊 STP Account
No	Yes
📊 DMA Account
No	Yes
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
5,174	5,371
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
5,000	4,500
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
60	93
📗 Commodities
0	0
📗 Commodities CFDs
17	35
📕 Indices
0	0
📕 Indices CFDs
20	24
📔 ETFs
0	0
📔 ETFs CFDs
19	700
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
5	5
📒 Bonds
0	0
📒 Bonds CFDs
8	14
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
45	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	Varies per share (eg: 0.3 AMZN shares)
📉 Minimum ETFs Trade Size
1 ETF	Varies per ETF (eg: 5 contracts of XLK)
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC)	Varies per Cryptocurrency (eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies per commodity (Eg 0.1 for WTI, 1 for Cotton)	Varies per commodity (eg: 1 contract of Gold)
📉 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	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
No	Yes
🎓 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	Yes
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
None	$15 monthly after 1 year of inactivity.
💰 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)	Depending on account type. Standard account has no commissions “Commission Account” and “DMA Account” have a flat $5 fee commission per lot round turn
Spreads
📈 EUR/USD
Dynamic - From 0.6 Pips	Dynamic - From 0.8 Pips
📉 SP500
Dynamic - From 60 Pips	Dynamic - From 60 Pips
📈 GOLD
Dynamic - From 60 Pips	Dynamic - From 50 Pips
📉 TSLA (Stock CFD)
Dynamic - From $13	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable	Dynamic - Market Spread
📉 BTC
Dynamic - From $226.4	Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
No	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	Yes
📡 Educational Content
No	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
No	No
📡 Webinars
No	No