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ETXCapital.com Rating

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ETX Capital RATING -Powered by the Rating Formula V.4.0

The following Rating of ETX Capital is based on the Forex Brokers
Formula v.4.0.

ETX Capital Rating Summary

The sum of each Main Factor of ETX Capital Rating Analysis (1, 2, 3, 4)

ETX CAPITAL RATING SUMMARY
MAX ACHIEVED (%)
1. Safety of Funds 26.00% 23.20% 89.23%
2. ETX Capital Cost of Transaction 28.00% 13.00% 46.43%
3. ETX Capital Trading-Options 26.00% 24.00% 92.31%
4. ETX Capital Technological Efficiency 20.00% 13.50% 67.50%
Overall Rating 100.00% 73.70% 73.70%

 

 

ETX Capital Rating Analysis

Analysis of each Sub-Factor forming ETX Capital total rating result.

RATING ANALYSIS: ETX CAPITAL
TOTAL RATING 100.0% ETX Capital Broker
Weight Analysis Factor Analysis 73.70% ANALYSIS
1. SAFETY OF FUNDS at ETX CAPITAL 26.00% RATING WEIGHT 23.20% ETX Capital Credibility Analysis
1.1 ETX Capital Level of Regulation 12.00% FSC (BVI) = 1.0%, | CYSEC = 3.0%, | FFMS = 3.0%, | RAFMM = 3.0%, | CBI = 4.0%, | ASIC = 4.0%, | FSC (NZ) = 4.0%, | FSA (UK) = 6.0%, | BAFIN = 6.0%, | NFA = 6.0%, | CFTC = 6.0%, | FINMA = 8.0% | and MiFID = +4.0% 10.00% ETX Capital is regulated by the UK -Financial Conduct Authority (FCA UK) and MiFID (EU) = 10.0%
1.2 ETX Capital Headquarters Base 5.00% General Offshore = 0%, Cyprus , Latvia = 2.0%, Ireland, Spain, Italy, Belgium, Israel = 3.0%, Canada, Australia, New Zeeland = 4.0%, USA, UK, Germany, Scandinavian, France, Switzerland = 5.0% 5.00% ETX Capital is based in London, UK = 5.0%
1.3 ETX Capital Years in the Market 5.00% 0-1 Years = 0 %, 2-5 Years = 2.0 %, 5-10 Years = 4.0 %, 10+ Years = 5.0 % 5.00% ETX Capital was found in 2002 (10+ years) = 5.0%
1.4 ETX Capital Segregated / Bank Accounts 2.00% Yes = 2.0 %, No = 0.0 % 2.00% Yes, ETX Capital provides Segregated Bank Accounts to all clients (max €50,000) = 2.0%
1.5 ETX Capital Web Ratings (Usage for differentiating results) 2.00% ForexPeaceArmy Rating = 1.0 %, | EarnForex Rating = 1.0 % 1.20% ETX Capital FX FPA= 3.00 / 5.00 & Earn Forex= Unrated, Total= 6.00 / 10.0 = Rating 1.20%
1.6 (+) ADJUSTMENTS
1.6.1 Size Factor 1.00% More than 1 Million Active Traders = +1.0 % 0.00% Criteria not met = 0% Rating
2. TRADING COST at ETX CAPITAL 28.00% RATING WEIGHT 13.00% ETX Capital Competition Analysis
2.1 ETX Capital Typical Spread on EURUSD 8.00% < 0.3 pip = 8.0%, | <0.4 pip = 7.5%, | < 0.5 pip = 7.0%, | <0.6 pip = 6.5% | <0.7 pip = 6.0%, | <0.8 pip = 5.5%, | <1.0 pip = 5.0%, | < 1.25 pip = 4.5, | < 1.5 pip = 4.0%, | <1.75 pip = 3.5%, | >2 pip = 3.0%, | < 2.5 pip = 2.0%, | < 2.5 pip = 1.0%, | < 3 pip = 0.5% 3.00% Typical EURUSD spread is 1.8 pip = 3.0%
2.2 ETX Capital Typical Spread on GBPUSD 5.00% < 1.0 pip = 5.0%, | <1.25 pip = 4.0%, | < 1.5 pip = 3.0%, | < 1.75 pip = 2.5%, | < 2 pip = 2.0%, | < 2.25 pip = 1.5%, | < 2.5 pip = 1.0% | < 3 pip = 0.5% 2.00% Typical GBPUSD spread is 2 pips = 2.0%
2.3 ETX Capital Typical Spread on USDJPY 4.00% < 1.0 pip = 4.0%, | <1.25 pip = 3.5%, | < 1.5 pip = 3.0%, | <1.75 pip = 2.5%, | < 2 pip = 2.0%, | < 2.5 pip = 1.0%, | < 3 pip = 0.5% 1.00% Typical USDJPY spread is 2.4 pips = 1.0%
2.4 ETX Capital Trading Commissions 7.00% No Commissions = 7% | Commissions < $5 / lot = 3% | Commissions < $8 / lot = 1% | Higher Commissions = 0% 7.00% No commissions charged (tested account types) = 7.0%
2.5 ETX Capital Deposit / Withdrawal Commissions 2.00% No = 2.0 %, | Yes = 0 %, | 1-Free / Month = 0.5 % 0.00% Withdrawal Commissions may be charged by ETX Capital = 0.0%
2.6 ETX Capital Maintenance and Inactive Fees 2.00% No = 2.0 %, | Yes = 0 % 0.00% Inactive Fees after 90 days of non activity may be charged by ETX Capital = 0.0%
2.7 (+) ADJUSTMENTS
2.7.1 ETX Capital Execution 2.00% ECN = +2.0 % / STP = +1.5 % | Market Makers = +0.0% 0.00% Criteria not met by ETX Capital = 0% Rating
3. TRADING OPTIONS at ETX CAPITAL 26.00% RATING WEIGHT 24.00% ETX Capital Trading Analysis
3.1 ETX Capital Forex Asset Index 8.00% 45+ Currency Pairs = 8.0%, | 40+ Currency Pairs = 7.0%, | 35+ Currency Pairs = 6.0%, | 30+ Currency Pairs = 5.0%, | 25+ Currency Pairs = 4.0%, | 20+ Currency Pairs = 3.0%, | 15+ Currency Pairs = 2.0%, | 10+ Currency Pairs = 1.0%, | Less than 10 pairs = 0% 8.00% ETX Capital offers 45+ Forex Currencies = 8.0%
3.2 ETX Capital CFD and Spot Trading 2.00% CFD Trading = 2.0 % | Only Spot = 1.0 % | Nothing = 0% 2.00% ETX Capital offers CFD contractss = 2.0%
3.3 ETX Capital Demo / Practice Account 2.00% Yes = 2.0 %, No = 0.0 % 2.00% Demo account is available at ETX Capital = 2.0%
3.4 Leverage at ETX Capital 2.00% >100:1 = 2.0%, | > 75:1 =1.5%, >50:1 = 1.0% 2.00% 200:1 max Trading Leverage at ETX Capital = 2.0%
3.5 ETX Capital Bonus & Rebate 6.00% 6.00%
3.5.1 ETX Capital Bonus (%) Bonus (Higher or Equal): >50% = 6%, | >40% = 5%, | >30% = 4%, | >20% = 3%, | >15% = 2%, | >10% = 1% 6.00% Max 60% Welcome Bonus by ETX Capital
3.5.2 ETX Capital Rebate (%) Rebate (Higher or Equal): >30% = 6%, | >25% = 5%, | >20% = 4%, | >15% = 3%, | >10% = 2%, | >5% = 1.0% 0.00%
3.6 ETX Capital Minimum Deposit 1.00% Min Deposit < $500 = +1%, | Min Deposit < $1,000 = +0.5% 1.00% Minimum Deposit is $200 = 1.0%
3.7 ETX Capital Fund / Deposit Methods 2.50% For each deposit method available = 0,5%, max = 5 methods 1.50% 3 methods (Cards, Wire and Skrill) = 1.5%
3.8 ETX Capital Fund / Withdrawal Methods 2.50% For each withdrawal method available = 0,5%, max = 5 methods 1.50% 3 methods (Cards, Wire and Skrill) = 1.5%
3.9 (+) ADJUSTMENTS
3.9.1 Offering 100+ Currency Pairs 1.00% Yes = 1.0 % / No = 0 % 0.00% Criteria not met by ETX Capital = 0% Rating
3.9.2 Interest on Funds 0.50% Yes = 0.50 %, No = 0.0 % 0.00% Criteria not met by ETX Capital = 0% Rating
3.9.3 ETX Capital Competitions / Championships 0.25% Yes = 0.25 % / No = 0 % 0.00% Criteria not met by ETX Capital = 0% Rating
4. ETX CAPITAL TECHNOLOGICAL EFFICIENCY 20.00% RATING WEIGHT 13.50% ETX Capital Technological Analysis
4.1 ETX Capital Available Platforms 5.00% Each Supported Platform = 1.0%, max = 5 platforms 3.00% ETX Capital offers 3 platforms (MT4, ETX Trader, ETX TraderPro) = 3.0%
4.2 ETX Capital Slippage 4.00% Slippage < 0.5 pip = 4.0% | Slippage < 0.75 pip = 3.5% | Slippage < 1 pip = 3.0% | Slippage < 1.25 pip = 2.5% | Slippage < 1.5 pip = 2.0% | Slippage < 1.75 pip = 1.5% | Slippage < 2.0 pip = 1.0% 1.50% Below 1.75 pips = 1.5%
4.3 ETX Capital Automated Trading 2.00% Yes = 2.0 % / No = 0 % 2.00% Yes, ETX Capital allows Expert Advisors = 2.0%
4.4 ETX Capital MT4 / MT5 Availability 2.00% Yes = 2.0 % / No = 0 % 2.00% MT4 platform is available at ETX Capital = 2.0%
4.5 ETX Capital Mobile Trading 2.00% Each Supported Device = 0.50 % (iPhone, iPad, Android, Windows Mobile, Blackberry), max = 4 devices 2.00% MT4 Application for iPhone, iPad, Windows Mobile and Android = 2.0%
4.6 ETX Capital Scalping / Hedging Policy 1.00% Yes both = 1.0 % | Yes only Hedging or Scalping = 0.5% | No = 0 % 1.00% Yes to both = 1.0%
4.7 ETX Capital Customer Service 4.00% 24/7 = 1.0 %, | 24/6 = 0.5 %, | 24/5 = 0 %, | email = 1.0%, | Phone = 1.0 %. | Live Chat = 1.0 %, | Skype = 0.5 %, | Call-Back = 0.5 % 2.00% 24/5 Customer service = 0%, eMail, Phone = 2.0%
4.8 (+) ADJUSTMENTS
4.8.1 ETX Capital PAMM / Managed Accounts 0.50% PAMM = 0.5 % / Simple Managed = 0.25%, No = 0 % 0.00% Criteria not met by ETX Capital = 0% Rating
4.8.2 ETX Capital API Trading 0.50% Yes = 0.5 % / No = 0 % 0.00% Criteria not met by ETX Capital = 0% Rating

 

ETX Capital Special Metrics

These are the special metrics for ETX Capital according to the three categories of trading experience. The rating results are based on different weights of the same formula.

SPECIAL METRICS
Based on Seperated Sub-Formulas RATING (100%)
Overall Rating 73.70%
Forex Beginners 78.25%
Advanced Traders 69.38%
Pro Traders 61.20%

 

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