The best alternatives to ETX Capital are
- City Index - Global CFD and forex broker
- CMC Markets - Global CFD and forex broker
- ActivTrades - Global CFD and forex broker
- Spreadex - Global CFD and forex broker
Let's see in a bit more detail how the ETX Capital alternatives compare to ETX Capital and each other:
| ETX Capital | City Index | CMC Markets | ActivTrades | Spreadex | |
|---|---|---|---|---|---|
| Overall score | 4.3 | 4.7 | 4.7 | 4.5 | 4.4 |
| Fees score | 2.7 stars | 4.1 stars | 3.8 stars | 4.4 stars | 4.3 stars |
| Account opening score | 5.0 stars | 5.0 stars | 4.1 stars | 3.8 stars | 4.4 stars |
| Deposit and withdrawal score | 4.5 stars | 4.3 stars | 4.8 stars | 4.5 stars | 4.3 stars |
| Web platform score | 4.0 stars | 4.3 stars | 4.5 stars | 3.8 stars | 4.5 stars |
| Markets and products score | 1.8 stars | 2.0 stars | 2.2 stars | 1.4 stars | 1.7 stars |
|
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76.42% of retail CFD accounts lose money |
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73% of retail CFD accounts lose money |
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76% of retail CFD accounts lose money |
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77% of retail CFD accounts lose money |
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69% of retail CFD accounts lose money |
Why are these brokers considered good alternatives to ETX Capital? There are many areas based on which ETX Capital can be compared with others. When we say a given online broker is a good alternative to ETX Capital we mean these brokers are comparable in the following areas:
- The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
- The type of clients they target, i.e. beginners, experienced investors, or day traders.
ETX Capital alternatives recommendations
Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:
- ETX Capital is recommended for forex and cfd traders looking for great funding and withdrawal options and an easy-to-use platform
- City Index is recommended for forex and cfd traders looking for low forex fees and great research tools
- CMC Markets is recommended for forex and cfd traders looking for an advanced trading platform with many research tools
- ActivTrades is recommended for forex and cfd traders looking for low fees and great deposit/withdrawal conditions
- Spreadex is recommended for spread, forex and cfd traders looking for low fees and great deposit/withdrawal options
Important factors of finding ETX Capital alternatives
So far BrokerChooser has reviewed 82 online brokers in detail, which gives this comparison a solid starting point.
Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we
- open a live account
- check over 100 criteria, with weighting based on readers' preferences
- refresh data regularly
Whether ETX Capital or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:
Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. The amounts ETX Capital charges you are considered average. When picking an alternative, you could prioritize brokers that are cheaper than ETX Capital.
Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At ETX Capital this is not a problem as you can have it ready on the same day you registered.
Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you can make a deposit with a credit card at ETX Capital, this might not be the case at its alternatives.
Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.
Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given ETX Capital alternative is a must.
Now let's dive into the details of how ETX Capital and its alternatives perform in the most important areas!
ETX Capital alternatives
ETX Capital
ETX Capital is a global CFD and FX broker. Its parent company, Monecor (London) Ltd was established in 1965 and is regulated by the Financial Conduct Authority (FCA) making it safe to invest your money with.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.42% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended for forex and cfd traders looking for great funding and withdrawal options and an easy-to-use platform
| Pros | Cons |
|---|---|
| • Free and multiple deposit and withdrawal options | • High CFD fees |
| • Easy and fast account opening | • Only CFDs, forex, and crypto offered |
| • Great educational tools | • Basic research tools |
Fees
ETX Capital has average forex fees and there are no withdrawal fees. On the other hand, the stock CFD fees are high and there is high inactivity charged.
| Pros | Cons |
|---|---|
| • No withdrawal fee | • Inactivity fee |
| • High stock CFD fees |
| ETX Capital | City Index | CMC Markets | ActivTrades | Spreadex | |
|---|---|---|---|---|---|
| S&P 500 index CFD fee | $3.0 | $1.2 | $1.5 | $0.9 | $1.8 |
| Europe 50 index CFD fee | $2.9 | $1.9 | $1.9 | $0.7 | $3.2 |
| EURUSD benchmark fee | $10.4 | $6.0 | $8.0 | $7.9 | $6.7 |
| GBPUSD benchmark fee | $8.6 | $5.2 | $6.0 | $5.7 | $4.8 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stock and $20k for FX
Account opening
ETX Capital's account opening is hassle-free and straightforward. Your account should be ready for trading on the same day.
| Pros | Cons |
|---|---|
| • Fast | None |
| • Fully digital | |
| • Low minimum deposit |
| ETX Capital | City Index | CMC Markets | ActivTrades | Spreadex | |
|---|---|---|---|---|---|
| Minimum deposit | $100 | $100 | $0 | $1,000 | $0 |
| Time to open account | 1 day | 1 day | 1-3 days | 1 day | 1-3 days |
Learn more about ETX Capital minimum deposit here.
Deposit and withdrawal
ETX Capital's deposit and withdrawal are free, the processes are fast, and can be done in several methods.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | None |
| • Free withdrawal | |
| • No deposit fee |
| ETX Capital | City Index | CMC Markets | ActivTrades | Spreadex | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | Yes | Yes | Yes | Yes | Yes |
| Electronic wallets | Yes | Yes | Yes | Yes | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
Web trading platform
ETX Capital has a great web trading platform. It is user-friendly with a great search function and customizability. On the negative side, it lacks two-step login and a clear fee report.
| Pros | Cons |
|---|---|
| • User-friendly | • No clear fee report available |
| • Good search function | • No two-step (safer) login |
| • Good customizability (for charts, workspace) |
| ETX Capital | City Index | CMC Markets | ActivTrades | Spreadex | |
|---|---|---|---|---|---|
| Web platform score | 4.0 stars | 4.3 stars | 4.5 stars | 3.8 stars | 4.5 stars |
| Mobile platform score | 4.5 stars | 4.3 stars | 4.5 stars | 4.3 stars | 4.5 stars |
| Desktop platform score | 3.4 stars | 3.0 stars | 3.4 stars | 3.4 stars | - |
Learn more about ETX Capital's web trading platform in the detailed ETX Capital review.
Markets and products
At ETX Capital, you can trade only with CFDs, forex, and cryptos. It lacks real stocks, ETFs, mutual funds, bonds, options, and futures.
| ETX Capital | City Index | CMC Markets | ActivTrades | Spreadex | |
|---|---|---|---|---|---|
| Stock | No | No | No | No | No |
| ETF | No | No | No | No | No |
| Forex | Yes | Yes | Yes | Yes | Yes |
| Fund | No | No | No | No | No |
| Bond | No | No | No | No | No |
| Options | No | No | No | No | No |
| Futures | No | No | No | No | No |
| CFD | Yes | Yes | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes | No | No |
Verdict
ETX Capital is regulated by the top-tier FCA.
On the plus side, you can use a lot of deposit and withdrawal options and they are free of charge. We liked the seamless and hassle-free account opening. There is a wide range of educational tools and they have great quality.
ETX Capital has some drawbacks though. The CFD fees are high. Its product range is limited to FX, CFDs, and cryptos. The research tools are limited.
As there is only a small minimum deposit, there are 5 free withdrawals, and the inactivity fee only kicks in after three months, feel free to try ETX Capital.
| ETX Capital | |
|---|---|
| Summary | ETX Capital is a global forex and CFD broker regulated by the UK FCA. Its parent company, Monecor (London) Ltd is listed on the London Stock Exchange. |
| Fees score | 2.7 stars |
| Recommended for | Forex and CFD traders looking for great funding and withdrawal options and an easy-to-use platform |
ETX Capital alternatives
City Index
City Index is a global CFD and FX broker that was founded in 1983. City Index is the trading brand of GAIN Capital, which is listed on the New York Stock Exchange. The company is regulated by top-tier financial authorities, such as the UK's Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC) and the Monetary Authority of Singapore (MAS).
City Index is considered safe because it has a long track record, it is regulated by top-tier financial authorities, and its parent company is listed on a stock exchange.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended for forex and cfd traders looking for low forex fees and great research tools
| Pros | Cons |
|---|---|
| • Low fees for forex | • Limited product portfolio |
| • Fast and smooth account opening | • High stock CFD fees |
| • Diverse research tools | • Non-user-friendly desktop platform |
Fees
City Index has low fees for forex and there is no withdrawal fee. On the other hand, stock CFD fees are high and there is an inactivity fee after one year.
| Pros | Cons |
|---|---|
| • Low forex fees | • Inactivity fee |
| • No withdrawal fee | • High stock CFD fees |
| City Index | ETX Capital | |
|---|---|---|
| Apple benchmark fee | $21.3 | $33.6 |
| Vodafone benchmark fee | $27.6 | $29.3 |
| EURUSD benchmark fee | $6.0 | $10.4 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
City Index's account opening process is fully digital and there is no minimum deposit. It took one day for us to get the account approved.
| Pros | Cons |
|---|---|
| • Fast | None |
| • Fully digital | |
| • No minimum deposit |
| City Index | ETX Capital | |
|---|---|---|
| Minimum deposit | $100 | $100 |
| Time to open account | 1 day | 1 day |
If you are interested more in City Index minimum deposit, this overview will help you.
Deposit and withdrawal
City Index provides multiple deposit and withdrawal options, all free of charge. However, withdrawal is not possible with some credit cards.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Problem with credit card withdrawal |
| • Free withdrawal | |
| • No deposit fee |
| City Index | ETX Capital | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | Yes | Yes |
| Electronic wallets | Yes | Yes |
| Withdrawal fee | $0 | $0 |
Web trading platform
City Index's web trading platform is user-friendly and extremely customizable, with lots of order types. On the negative side, there is no two-step login.
| Pros | Cons |
|---|---|
| • User-friendly | • No two-step (safer) login |
| • Good customizability (for charts, workspace) | |
| • Good variety of order types |
| City Index | ETX Capital | |
|---|---|---|
| Web platform score | 4.3 stars | 4.0 stars |
| Mobile platform score | 4.3 stars | 4.5 stars |
| Desktop platform score | 3.0 stars | 3.4 stars |
Learn more about City Index's web trading platform in the detailed City Index review.
Markets and products
At City Index, you can only trade with CFDs, forex, and cryptos. Other asset classes, like real stocks or funds, are not available.
| City Index | ETX Capital | |
|---|---|---|
| Stock | No | No |
| ETF | No | No |
| Forex | Yes | Yes |
| Fund | No | No |
| Bond | No | No |
| Options | No | No |
| Futures | No | No |
| CFD | Yes | Yes |
| Crypto | Yes | Yes |
Verdict
City Index is a great CFD and forex broker regulated by top-tier financial authorities, such as the UK's FCA.
On the positive side, it has low forex fees, a smooth account opening process, and high-quality research tools.
It has some drawbacks though. The product portfolio is limited, stock CFD fees are quite high and the desktop platform lags behind its competitors.
As there is no minimum balance required, no withdrawal fee and an inactivity fee only kicks in after one year, feel free to try City Index.
| City Index | |
|---|---|
| Summary | City Index is a global CFD broker, regulated by many financial authorities including the top-tier UK FCA. Its parent company, GAIN Capital is listed on the New York Stock Exchange. |
| Fees score | 4.1 stars |
| Recommended for | Forex and CFD traders looking for low forex fees and great research tools |
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ETX Capital alternatives
CMC Markets
Note (February 18 2021): Due to an unexpected interest in the markets, some brokers experienced outages or temporary suspensions of confirming orders. Short selling recently popular stocks are currently restricted on CMC Markets platform. We'll keep monitoring the issue, and will update our scores if this issue still persists.
CMC Markets is a global CFD and forex broker, founded in 1989. It is regulated by several authorities globally, including the top-tier UK Financial Conduct Authority (FCA). The company is also listed on the London Stock Exchange.
CMC Markets is considered safe because it has a long track record, is listed on stock exchange, and is overseen by top-tier regulators.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended for forex and cfd traders looking for an advanced trading platform with many research tools
| Pros | Cons |
|---|---|
| • Low forex fees | • High stock CFD fees |
| • Great web and mobile platforms | • Limited product portfolio |
| • Advanced research and educational tools | • Complicated account verification |
Fees
CMC Markets has competitive forex and stock index CFD fees, and no fee is charged for deposits and most withdrawals. However, stock CFD fees are high.
| Pros | Cons |
|---|---|
| • Low forex fees | • High stock CFD fees |
| • No withdrawal fee |
| CMC Markets | ETX Capital | |
|---|---|---|
| Apple benchmark fee | $21.5 | $33.6 |
| Vodafone benchmark fee | $25.2 | $29.3 |
| EURUSD benchmark fee | $8.0 | $10.4 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
The account opening process is fully digital and there's no minimum deposit, but confusion about what documents to upload for identification can prolong the verification process.
| Pros | Cons |
|---|---|
| • Fully digital | • Complicated account verification |
| • No minimum deposit |
| CMC Markets | ETX Capital | |
|---|---|---|
| Minimum deposit | $0 | $100 |
| Time to open account | 1-3 days | 1 day |
If you are interested more in CMC Markets minimum deposit, this overview will help you.
Deposit and withdrawal
You can use multiple deposit/withdrawal options and CFD account base currencies. Withdrawals are mostly free, except for same-day or international bank withdrawals.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • £15 fee for international bank transfers |
| • No deposit fee | |
| • Several account base currencies |
| CMC Markets | ETX Capital | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | Yes | Yes |
| Electronic wallets | Yes | Yes |
| Withdrawal fee | $0 | $0 |
Web trading platform
CMC's 'Next Generation' platform has a clean and modern design, is highly customizable, and boasts an advanced order panel. On the other hand, it lacks two-step authentication.
| Pros | Cons |
|---|---|
| • Clear fee report | • No two-step (safer) login |
| • Good customizability (for charts, workspace) | |
| • Modern design |
| CMC Markets | ETX Capital | |
|---|---|---|
| Web platform score | 4.5 stars | 4.0 stars |
| Mobile platform score | 4.5 stars | 4.5 stars |
| Desktop platform score | 3.4 stars | 3.4 stars |
Learn more about CMC Markets's web trading platform in the detailed CMC Markets review.
Markets and products
CMC Markets's product selection covers only CFDs, forex and crypto. You can't trade other popular asset classes such as real stocks, bonds, mutual funds, options or futures.
| CMC Markets | ETX Capital | |
|---|---|---|
| Stock | No | No |
| ETF | No | No |
| Forex | Yes | Yes |
| Fund | No | No |
| Bond | No | No |
| Options | No | No |
| Futures | No | No |
| CFD | Yes | Yes |
| Crypto | Yes | Yes |
Verdict
CMC Markets is overseen by top-tier regulators and is one of the best CFD and forex brokers out there.
On the plus side, it has low forex fees, well-developed trading platforms, and useful research and educational tools.
There are also a few drawbacks, though. Stock CFD fees are high, and the account verification process is not always seamless. Also, its product selection covers only CFD and forex asset classes, meaning no real stocks, bonds or mutual funds.
Feel free to test CMC Markets's first-class trading platform, as it has great features and requires no minimum deposit to open an account.
| CMC Markets | |
|---|---|
| Summary | CMC Markets is a UK-based Global CFD and Forex Broker, regulated by multiple top-tier regulators like the UK FCA. |
| Fees score | 3.8 stars |
| Recommended for | Forex and CFD traders looking for an advanced trading platform with many research tools |
ETX Capital alternatives
ActivTrades
ActivTrades is a global forex broker founded in 2001. It is regulated by the UK's Financial Conduct Authority (FCA) and the Securities Commission of the Bahamas (SCB).
ActivTrades is considered safe because it has a long track record and it is regulated by a top-tier financial authority, the FCA.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal conditions
| Pros | Cons |
|---|---|
| • Low trading fees | • Slim product portfolio |
| • Free deposit and withdrawal | • Basic research tools |
| • Good customer support and education services | • High minimum deposit |
Fees
ActivTrades has low trading fees and average non-trading fees. It's great that the broker charges no deposit and withdrawal fees in most cases.
| Pros | Cons |
|---|---|
| • Low trading fees | • Inactivity fee |
| • No withdrawal fee |
| ActivTrades | ETX Capital | |
|---|---|---|
| Apple benchmark fee | $3.2 | $33.6 |
| Vodafone benchmark fee | $5.5 | $29.3 |
| EURUSD benchmark fee | $7.9 | $10.4 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
Account opening at ActivTrades is seamless and fully digital. The whole process took less, than five minutes. Our account was verified within one business day. On the downside, the minimum deposit is high.
| Pros | Cons |
|---|---|
| • Fast | • Minimum deposit is $1,000 |
| • Fully digital | |
| • User-friendly |
| ActivTrades | ETX Capital | |
|---|---|---|
| Minimum deposit | $1,000 | $100 |
| Time to open account | 1 day | 1 day |
If you are interested more in ActivTrades minimum deposit, this overview will help you.
Deposit and withdrawal
ActivTrades offers free deposit and withdrawal options, including traditional methods such as bank transfer and credit card, as well as various e-wallets. On the other hand, minor currencies are not accepted.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Minor account currencies not available |
| • Free withdrawal | |
| • No deposit fee |
| ActivTrades | ETX Capital | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | Yes | Yes |
| Electronic wallets | Yes | Yes |
| Withdrawal fee | $0 | $0 |
Web trading platform
ActivTrades has its own web trading platform called ActivTrader. It's highly customizable, available in several languages and has a clear fee report. On the flip side, the platform lacks a two-step login and price alerts.
| Pros | Cons |
|---|---|
| • User-friendly | • No two-step (safer) login |
| • Clear fee report | |
| • Good search function |
| ActivTrades | ETX Capital | |
|---|---|---|
| Web platform score | 3.8 stars | 4.0 stars |
| Mobile platform score | 4.3 stars | 4.5 stars |
| Desktop platform score | 3.4 stars | 3.4 stars |
Learn more about ActivTrades's web trading platform in the detailed ActivTrades review.
Markets and products
At ActivTrades you can only trade forex and other CFDs. Popular asset classes, such as real stocks, bonds, mutual funds and options are not available.
| ActivTrades | ETX Capital | |
|---|---|---|
| Stock | No | No |
| ETF | No | No |
| Forex | Yes | Yes |
| Fund | No | No |
| Bond | No | No |
| Options | No | No |
| Futures | No | No |
| CFD | Yes | Yes |
| Crypto | No | Yes |
Verdict
All in all, ActivTrades is a good CFD/forex broker.
ActivTrades has low trading fees, while deposits and withdrawals are free. Customer support is great and it has excellent education tools, including webinars and market analysis.
On the downside, its product portfolio is limited to just a few products, as it offers mainly CFDs and forex instruments. The research tools are basic, and there are no trading ideas or fundamental data. The minimum deposit is high, at $/€/£/CHF 1,000, depending on the currency of your account.
As the trading fees are low and your account will be ready quickly, feel free to try ActivTrades.
| ActivTrades | |
|---|---|
| Summary | ActivTrades is a UK CFD and forex broker. It is regulated by the FCA and is available globally for clients. |
| Fees score | 4.4 stars |
| Recommended for | Forex and CFD traders looking for low fees and great deposit/withdrawal conditions |
ETX Capital alternatives
Spreadex
Spreadex is a global CFD and forex broker founded in 1999. It is regulated by the top-tier UK Financial Conduct Authority (FCA). The company also operates a separate sports betting service.
Spreadex is considered safe because it has a long track record and is regulated by a top-tier financial authority.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. For professional clients, spread betting and CFD trading can also result in losses larger than your initial stake or deposit. This site is intended for those persons of 18 years or older.
Recommended for spread, forex and cfd traders looking for low fees and great deposit/withdrawal options
| Pros | Cons |
|---|---|
| • Low forex fees | • Thin product selection |
| • Good web platform | • No desktop platform |
| • Helpful customer service | • Limited research and education tools |
Fees
Spreadex has low forex fees and low stock CFD fees, and it charges no inactivity fee.
| Pros | Cons |
|---|---|
| • Low forex fees | None |
| • No inactivity fee |
| Spreadex | ETX Capital | |
|---|---|---|
| Apple benchmark fee | $7.5 | $33.6 |
| Vodafone benchmark fee | $5.8 | $29.3 |
| EURUSD benchmark fee | $6.7 | $10.4 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
Opening an account at Spreadex is easy and straightforward, and involves no minimum deposit. However, account verification was a bit slow, taking us 2-3 business days.
| Pros | Cons |
|---|---|
| • Fully digital | • Slower-than-average account verification |
| • No minimum deposit | |
| • User-friendly |
| Spreadex | ETX Capital | |
|---|---|---|
| Minimum deposit | $0 | $100 |
| Time to open account | 1-3 days | 1 day |
If you are interested more in Spreadex minimum deposit, this overview will help you.
Deposit and withdrawal
Deposit and withdrawal, via bank transfer or credit/debit cards, are quick and mostly free. However, the account currency selection is rather average.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Average account currency selection |
| • No deposit fee | |
| • Free withdrawal in most cases |
| Spreadex | ETX Capital | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | Yes | Yes |
| Electronic wallets | No | Yes |
| Withdrawal fee | $0 | $0 |
Web trading platform
The Spreadex trading platform is user-friendly, with a good search function, clear reports and guaranteed stop orders. However, it lacks a two-step login and is available only in English.
| Pros | Cons |
|---|---|
| • User-friendly | • No two-step (safer) login |
| • Clear fee report | • Available only in English |
| • Good search function | |
| • Guaranteed stop |
| Spreadex | ETX Capital | |
|---|---|---|
| Web platform score | 4.5 stars | 4.0 stars |
| Mobile platform score | 4.5 stars | 4.5 stars |
| Desktop platform score | - | 3.4 stars |
Learn more about Spreadex's web trading platform in the detailed Spreadex review.
Markets and products
At Spreadex you can only trade forex, CFDs, and spread betting. Popular asset classes such as real stocks, ETFs, or bonds are missing.
| Spreadex | ETX Capital | |
|---|---|---|
| Stock | No | No |
| ETF | No | No |
| Forex | Yes | Yes |
| Fund | No | No |
| Bond | No | No |
| Options | No | No |
| Futures | No | No |
| CFD | Yes | Yes |
| Crypto | No | Yes |
Verdict
Spreadex is a forex and CFD broker regulated by the top-tier UK FCA.
Spreadex has low forex fees; it offers a good web trading platform; and any problems or enquiries are taken care of by its helpful and fast customer service.
On the flip side, Spreadex's product portfolio is limited to forex and CFDs, meaning that popular asset classes such as real stocks or mutual funds are missing. In addition, there is no desktop platform, while the quality and quantity of research tools and education materials is quite poor.
As Spreadex has a user-friendly web platform and requires no minimum deposit, we encourage you to give it a try.
| Spreadex | |
|---|---|
| Summary | Spreadex is a UK CFD and Forex broker. It is regulated by FCA and is available globally for clients. |
| Fees score | 4.3 stars |
| Recommended for | Spread, Forex and CFD traders looking for low fees and great deposit/withdrawal options |
ETX Capital alternatives
Bottom line
Based on our analysis, there are several good alternatives to ETX Capital. They all offer similar products and target similar customers. Here's a recap of the results in a table.
| Broker | Info | Recommended for |
|---|---|---|
| ETX Capital | Global CFD and forex broker | Forex and CFD traders looking for great funding and withdrawal options and an easy-to-use platform |
| City Index | Global CFD and forex broker | Forex and CFD traders looking for low forex fees and great research tools |
| CMC Markets | Global CFD and forex broker | Forex and CFD traders looking for an advanced trading platform with many research tools |
| ActivTrades | Global CFD and forex broker | Forex and CFD traders looking for low fees and great deposit/withdrawal conditions |
| Spreadex | Global CFD and forex broker | Spread, Forex and CFD traders looking for low fees and great deposit/withdrawal options |
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