ETX Capital
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73.85% of retail CFD accounts lose money.

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Webull
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ETX Capital Vs. Webull - Compare and Choose the Right One

Updated Oct 20 2022

Visit

73.85% of retail CFD accounts lose money.

Visit

Your capital is at risk.

Overview

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

Webull is a US-based broker that offers both real and leveraged products including Stocks, Crypto, Options, ETFs, and ADRs with zero commissions and no deposit minimums.

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 
  • Novices who want to enter the world of investing
  • Intermediate and advanced options traders
  • Professional day traders and portfolio managers 
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

2

Other Licenses

0

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • FCA (UK)
  • FSCA (South Africa)
  • CySec (Cyprus)
  • HKMA (Hong Kong)
  • FINRA (United States)
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
  • Trade any asset class from just $5
  • Easy-to-use investing app
  • Fully extended trading hours
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)
  • No international clients at the moment
  • No joint accounts
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 2017
💳 Minimum Deposit Range
From $100 to $10,000 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • UnionPay
  • Bank Transfer
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
💵 Account Base Currencies
3 - EUR, USD, GBP 1 - USD.
🗽 Available to U.S Citizens
No Yes
❌ Restricted Countries

US, BE, CN, SG, CH.

European Union, UK, CA, JP, IN, IR, MY, ZA, AU.

📊 STP Account
No No
📊 DMA Account
No Yes
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs Equities
Total Asset Offering
5,174 12,420
Exchange Access
0 5
📙 Real Stocks
0 10,000
📙 Stock CFDs
5,000 0
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
60 0
📗 Commodities
0 0
📗 Commodities CFDs
17 0
📕 Indices
0 0
📕 Indices CFDs
20 0
📔 ETFs
0 2,400
📔 ETFs CFDs
19 0
💸 Cryptocurrencies
0 20
💸 Cryptocurrency CFDs
5 0
📒 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 $5 trade value
📉 Minimum ETFs Trade Size
1 ETF $5 trade value
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC) Varies per cryptocurrency
📉 Minimum FX Trade Size
$1,000 (0.01 lots) Unavailable
📈 Minimum Commodities Trade Size
Varies per commodity (Eg 0.1 for WTI, 1 for Cotton) Unavailable
📉 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 4
💪 Professional Leverage
500 Unavailable
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
No No
📺 cTrader
No No
💻 Web trader
Yes No
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No Yes
🔨 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)

None
Spreads
📈 EUR/USD
Dynamic - From 0.6 Pips Unavailable
📉 SP500
Dynamic - From 60 Pips Unavailable
📈 GOLD
Dynamic - From 60 Pips Unavailable
📉 TSLA (Stock CFD)
Dynamic - From $13 Dynamic - Market spread
📈 XLK (ETF - CFD)
Unavailable Dynamic - Market spread
📉 BTC
Dynamic - From $226.4 Unavailable
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 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