etx capital is a uk based financial company that provides institutional , high-net-worth and retail customers with multi-asset market derivatives trading through financial spread betting and contract for difference ( cfds ) products .

etx capital is the trading name of monecor ( london ) limited .

etx capital provides online trading in spread betting , cfds and foreign exchange ( forex ) .

etx capital

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etx provide access to mt4 as well as their own spread betting trading platforms etx binary , etx binary , etx pro and etx mt4 .
apply for an etx capital account today to receive up to £5 , 000 bonus .
- etx capital is authorised and regulated by the financial conduct authority . please visit our
for a full list of the precautions taken by etx capital to safeguard client funds .
download mt4 and trade with etx capital for all of your technical analysis and automation needs .
etx capital is authorised and regulated by the financial conduct authority : financial services number 124721 .
you can find etx capital on the fca register as monecor ( london ) ltd here . however , etx capital is the only trading name and the holding company for the brokerage . if you are interested in the corporate structure of etx capital you can follow them on bloomberg here .
etx capital is authorised and regulated by the financial conduct authority . please visit our client money protection page for an in - depth list detailing the precautions taken by etx capital to safeguard client funds .
etx is execellent in trust . i feel very safe trading with etx . ( trading forex , indices , stocks and commodities with etx capital for over 5 years on a daily )
at etx we believe that we provide traders with significant benefits as well as a wide range of services . why not see for yourself ? apply for an account with etx capital today and experience trading the etx capital way . etx capital offers customer service in the following languages ; english , spanish , german , polish , czech and mandarin .
different trading styles require different trading formats . recognising this , etx capital has three online platforms available – etx traderpro , etx mt4 and etx binary - specifically created to match varying styles of trading . you can discover more about the platforms on offer at etx here .
beside trading currencies etx capital provides trading binary options on its proprietary software etx binary platform . etx capital pays attention to the security of the customers’ funds and keeps them on the segregated bank accounts which are rebalanced at the end of each trading day .
by choosing etx capital as your broker , you’ll get access to thousands of different tradable markets . etx enables you to trade worldwide financial indices , numerous equities , 50 + forex pairs and a considerable number of commodities . expand your trading horizons with etx capital today .
if you have a spread betting account with etx capital , you can get started by loading some historic transactions .
here is how etx view themselves ; “we believe that etx capital offers traders a wide variety of benefits that many of our competitors may find hard to match . ”
etx capital are one of the oldest spread betting brokers in the uk . etx was founded in 1965 as monecor and remains a member of the london stock exchange .
etx works hard to provide a versatile trading experience for its clients . looking for educational opportunities ? etx capital offers such opportunities free of charge to clients . concerned about the safety of your funds ? etx capital has a high level of account security . searching for a considerable range of markets , with favourable trading conditions , good customer service and mobile trading capability ? etx capital has all of these things and more .
because etx capital are one of the biggest brokers in the uk their larger order flow enables them to offer tighter spreads .
what makes etx capital unique is their regulation status . while other brokers may be registered with the fca , etx capital is also regulated by them . their financial services register number is 124721 , and they are a member firm of the london stock exchange .
we like etx capital . you don’t really see anything bad about them online . etx have a good reputation within the brokerage community and invest heavily in internal and external trading infrastructure .
etx capital takes complaints seriously due to their fca license , and they use an external financial ombudsman service to resolve any issues traders may have . traders at etx capital receive a higher level of protection with their accounts , because of the financial services compensation scheme .
etx are a trusted broker . great customer service and stable platform , what’s not to like ( trading indices with etx capital for between 1 - 2 years on an intra - day basis )
it does beg the question then why when most other brokers can provide clean charts yet etx capital can ' t get their act together .
at etx capital , we offer you industry - leading platforms , a wide range of markets , competitive spreads – and plenty more besides .
in most cases , traders should always pay close attention to variable spreads . etx capital frequently monitors prices in order to provide the tightest spreads .
etx capital is regulated by the fca . with retail clients ' funds kept in segregated accounts , providing assurance to their customers their cash is safe .
at etx capital we acknowledge that traders have a significant number of brokerage choices . we have a healthy respect for our competitors and do not take any of them lightly . nonetheless we believe that etx capital offers traders a wide variety of benefits that many of our competitors may find hard to match .
the financial conduct authority ( fca ) - regulates the financial services industry in the uk , and etx capital is both authorized and regulated by them . for more information , go to our client money protection page , which details the measures taken by etx capital to keep client funds secure for traders .
credit facilities are not available . this , says etx capital , does away with a laborious sign - up process and the need for extensive credit checks .
etx capital was originally established in 1973 . etx is the brand name used for the holding company monecor ltd . currently , this broker is regulated and authorized by the fca . etx capital provides financial trading services to many countries not including the united states . etx specializes in offering clients access to different types of markets via spread bets and cfds . the company has witnessed growth in popularity as a result of efficient customer service . etxv capital implements a client - orientated approach behind all sales , business , client support , and technical operations .
get access to the worlds best automated fx trading platform through etx mt4 . there is not much to say as you either love mt4 automation or not . if you do then choosing etx as your liquidity provider and brokers is down to what you think of etx capital as a company .
etx capital clients have access to more than 50 different currency pairs ; with currencies ranging from aud to zar . etx traders can also choose between trading regular ‘rolling daily’ options and both ‘near quarter’ and ‘far quarter’ paired currency futures .
for further information on what etx capital can offer you , please contact our customer service team at customerservice @ urltoken or + 44 ( 0 ) 20 7392 1494 .
unlike some of the smaller brokers in the uk etx capital offers access to the major and minor forex pairs , commodities , indices and wide range of global stocks .
according to a company announcement by british cfd brokerage , etx capital , the firm is expanding its focus on technology by acquiring uk - based ariel communications . the move represents an effort by etx to deliver solid technological solutions to its clients .
anything for newbies ? : etx capital currently has ‘an up’ to 50 % deposit bonus offer of up to £5000 . to take advantage of this offer apply using this link
tx capital has been operating under that name since 2008 , but its roots go much further back .
trading binary options on etx is regulated by the fca , so you don ' t need to worry about being scammed by cypriot salesmen . etx capital is a well respected broker that ' s been around in one way or another since 1965 . binary options are just a small part of their offering and offer short term trading on a limited risk / reward basis . find out more about etx capital binary options here .
forex can be traded in a number of different ways , as users of etx capital’s different platforms can discover . you can find out more about each of these platforms here .
etx capital is firstly remarkable for its low tight spreads starting from as low as 0 . 7 for the main currency pair eur / usd . the spreads for the other currency crosses are also quite competitive in the industry to attract traders of all levels of experience . the trading platforms provided by etx capital are traderpro and metatrader4 . the trading software offered by etx capital is equipped with all the necessary functionality , including trading signals , market news , economic calendar , financial review and all the other financial info essential for making deliberate and weighed trading decisions . both the platforms are available for mobile usage in ios and android . etx capital allows the usage of various trading strategies including algorithmic trading and scalping .
the etx demo account is pretty good , as with the main trading platform , it ' s got the classic look and feel . you can sign up for an etx capital demo account here to try before you buy as it were . . .
as a company authorised and regulated by the financial conduct authority , etx capital has instituted procedures designed to keep customer money secure . daily security checks ensure that the firm has constant sufficient regulatory capital . client funds are also kept strictly separate from company money in investment grade rated uk banks .
etx capital is a global provider of cutting edge innovative technology giving our customers access to competitive pricing of up to 6000 markets , supported by our award winning customer service teams .
etx capital is a versatile company that provides distinct account types for distinct clients . the primary goal of the company is to recognize both experienced and novice clients . etx offers four different accounts types that are designed to help any client regardless of skill level .
etx capital offers 50 different combinations of currency pairings . traders can choose between investing in ‘rolling daily’ options or a range of futures . from aud / gbp to usd / chf and much more in - between , etx has all of your forex needs covered .
each of the platforms available from etx capital offers a distinct set of benefits for traders : have a look at the further details on what our platforms have to offer in the tables below .
the metatrader 4 platform is used globally ; as a company with a presence all around the world , etx capital is pleased to be able to host its own version of mt4 for clients .
step 1 : etx capital trade history ( orders ) , closed positions and transaction csv files are produced from the etx capital trading platform . login to your etx capital account and go to your ' account ' window and select ' trade history ' , ' closed positions ' or ' balances & transactions ' . click on ' export ' to download a csv file . typically the filename will start with ' trade _ report ' for orders , ' closed _ positions ' for closing orders and ' account _ summary ' for transactions and can be found in your downloads folder .
as a broker that is regulated by the fca , etx capital have strict controls on deposit and withdrawal methods , and this in turn , ensures greater protection for the trader and their funds .
as if this wasn’t enough etx also provides £500 in free advanced trading education .
leverage is the amount a trader can increase a trade . etx capital currently offers 0 . 5 % or 1 : 200 . it is important for novice traders to pay close attention to leverage .
etx understands the significance of a reliable and well - organized trading platform . etx capital offers two different trading platforms to clients . the etx capital proprietary platform is fast , easy - to - use , and powerful . this platform completes trades in less than a second . this feature helps clients lock in a desirable prices quickly . additionally , the one - click trade feature reduces trading time significantly . a few other strengths of the platform include guaranteed stops and watch - lists .
etx capital provides 24 hour access to both trading and customer support . customers are able to trade from their computer or laptop as well as from their mobile devices ( ipad , iphone and android ) .
etx capital offers their investors a choice of the metatrader 4 platform , and their own traderpro platform . spread betting , cfd’s forex , shares and crypto currencies are all available on hundreds of underlying assets .
ariel’s multi - asset trading platform fits in well with etx capital’s global spread betting , leveraged forex and cfd trading business . the company is already serving retail and institutional clients through its existing fca regulated offering .
i have had a good relationship with this broker and would recommend them to anyone who wants to open an account . ( trading forex and indices with etx capital for between under a year on weekly basis )
etx capital pro – designed for traders with bigger account balances . it offers variable spreads that are based on market prices . more markets to choose from than a basic account and lots of technical analysis tools .
etx capital ( formerly known as tradindex ) offers inexperienced investors the ability to apply for a demo account to check how the trading platform works . this is available free of charge on etx ' s trader , trader pro and mt4 platforms . to open a demo account click here and scroll to the very bottom of the etx website ( look under ' my account ' options )
after getting scammed by lots of so called brokers , etx has given me training , no pushing for more money , can get my money back out easy . for somebody starting or been trading for a while i recommend etx . as they try to help the investor , ( trading forex , commodities and indices with etx capital for between 1 and 2 years on a daily basis )
yes you can trade bitcoin with etx . etx , were in fact one of the first brokers to offer bitcoin , but recently relaunched it as the cme futures make it easier and safer for cryptocurrency brokers to hedge exposure . etx capital don ' t offer a full range of cryptocurrencies , so if you are planning on trading a lot of crypto you can compare cryptocurrency brokers here .
the tighter the spread , the smaller the distance that the market in question has to move in order to make a difference between profit and loss . etx capital offers tight spreads on a range of different products ;
ariel communications’ ceo , simon cox , stated in the company announcement , “we are delighted to be working with etx capital to deliver cutting edge trading technology and a market leading client experience to a global customer base . ”
extras : etx capital provide lots of free market tools to their clients to help equip them with the knowledge required to become successful traders . trade - through charts were designed by traders for traders and recently were awarded best charts at the money am awards 2012 . real - time newsfeeds , morning bulletins , market news directly from the trading floor , and newsletters emailed each morning for free are all part of the etx capital service as standard .
if you’re looking for tight spreads and a highly interactive trading experience , consider etx traderpro .
tight spreads – etx offer some very competitive spreads compared to rival cfd and forex brokers .
based in london , etx capital also offers on the ground support in a number of different countries . if you have any specific questions , general queries or other feedback , please don ' t hesitate to get in touch .
at etx capital , we acknowledge that trading comes in many shapes and many sizes . therefore , we offer traders a choice of two different specialised platforms , allowing them to select the one that best suits their trading style ;
etx capital want you to feel comfortable opening a trading account . it’s important that you have all the necessary information at your fingertips . before you apply for an account with us you should familiarise yourself with the documents listed below .
what’s their pitch ? : etx capital provides institutional , high net - worth and retail customers with multi - asset dealing capability through contracts for difference and financial spread betting products . it seeks to offer high levels of customer support and guarantees total client confidentiality . etx offers spreads from just 1 point and margins from 1 % .
- with the volatile nature of the forex markets , traders can access the etx capital platforms via a range of mobile apps for ios and android devices . trade online with ease , whether you’re at your desk or on the move .
– etx traderpro ; all the features a serious trader needs with advanced charting and fast execution .
launched in 2003 and regulated by the uk’s financial conduct authority ( fca ) , the etx capital platform offers traders more than 7 , 000 forex , index , commodity , bond and equity products . these are accessible via etx capital’s website , the brand’s apps for iphone , ipad and android devices , as well as through sophisticated mt4 download . the trading platform’s new affiliate programme , etx affiliates , offers affiliates a range of commission structures . revenue share is the default commission structure , but cost per acquisition ( cpa ) and a hybrid of these two models are also available .
etx capital is one of the oldest fca authorised & regulated forex brokers , owned and operated by monecor ( london ) limited . they were founded in 1965 , and are located at : one broadgate , ec2m 2qs , london , united kingdom .
in the unlikely event of etx becoming insolvent , segregated client funds cannot be used for reimbursement to etx capital’s creditors . if we are unable to satisfy repayment claims , eligible claimants have the right to compensation by the financial services compensation scheme ( fscs ) , up to £50 , 000 . if one of the banks etx capital uses to hold client money goes into liquidation then the losses would be shared by clients in proportion to the share of the money held with the failed bank . funds lost this way may be compensated under the fscs up to a limit of £85 , 000 per person .
meet the team – find out more about etx’s traders and contributors and their experience in the markets .
– etx trader ; a new user friendly platform to help beginners get started and manage their risk .
etx offer some very tight spreads . for example , just 0 . 9 on eur / usd and gbp / usd . forex spreads are a particular strength , but etx are competitive across the board .
excellent reputation – etx generate very few complaints , and enjoy high satisfaction ratings from their user base .
london based etx capital can trace it’s roots back to 1965 as monecore ltd . the firm has traded previously as tradindex but since being acquired by venture capitalists the firm was renamed etx ( electronic trading , telephone trade and execution services ) . the asset class offering is fairly standard and the educational tools seem to do the trick if you are after basic information .
etx capital have recently re - launched their charting package ( provided by i . t finance and very similar to the ig package ) which is available free of charge to all clients . two charting applications are offered , a light plus chart and an advanced chart .
i use the mt4 platform and can honestly say that etx have been my go - to spread bet company since opening my account . although i only trade small positions quite infrequently it is important to know that the same level of service and reliability is available to each customer . ( trading forex and indices with etx capital for between 1 and 2 years on a weekly basis )
trading keeps getting better with etx capital . as part of our commitment to deliver new opportunities we’ve improved our traderpro trading platform . you can now trade directly from the charts , manage risk more easily and customise layouts , chart templates & watchlists to fit your trading style .
etx capital offer a decent range of markets with a good selection of equities . you have about 5 , 000 global markets to choose from when trading with etx ; markets ranging from indices , forex pairs , commodities , bonds , interest rates and a number of exchange traded funds . they also offer an impressive 50 forex pairs to trade . margins are low and dealing spreads are competitive particularly on the most common currency pairs and on major indices in - hours . etx capital offer both web based and mobile trading platforms . the web platform features trade - thru charting , one - click dealing , fast execution , automated alerts and multiple watchlists amongst others .
is in fact is the trading name for monecor ( london ) ltd . , which was incorporated in 1973 . for a spell in the 21st century it was known as tradindex , but when the group was acquired in 2007 the name was changed from tradindex to etx capital as part of a relaunch . it is said that the letters etx reflect the business , as they stand for
– etx mt4 ; trade on the world renowned mt4 platform using expert advisors ( eas ) and technical analysis .
etx mt4 – traders can bring their own downloaded automated ea’s ( expert advisors ) to our hosted mt4 platform .
etx capital is a trading name of monecor ( london ) limited , company number 00851820 . monecor ( london ) limited is authorised and regulated by the financial conduct authority , with financial services register number 124721 , a member firm of the london stock exchange and was established in 1965 .
us and trading keeps getting better with etx capital . as part of our commitment to deliver new opportunities we’ve improved our traderpro trading platform . you can now trade directly from the charts , manage risk more easily and customise layouts , chart templates & watchlists to fit your trading style .
in the first quarter of 2016 , etx capital have redesigned their entire website with new colours although nothing much seems to have changed on the trading floor . it is still fairly easy and straightforward and now it is possible to open a trial account which wasn’t available in the past .
stop losses on the etx capital trader pro ' s platform are executed based on the underlying traded market price with etx ' s spread added to this . for example , although etx ' s equity contracts are quoted using the underlying market bid and offer prices with their spread added to this , a stop loss would not be executed based on a low bid that has not traded in the market . below is an example of what would trigger a stop loss . you are long apple inc rolling daily with a stop loss to sell at 20259 . in the underlying market apple inc is trading at 20275 to sell and 20285 to buy . with etx ' s spread of 0 . 08 % added to each side , etx capital would be quoting 20259 to sell and 20301 to buy . if the underlying stock traded at 20275 and your stop loss was at 20259 , then you would be stopped out . if the stock only traded as low as 20285 then your stop loss would not be triggered even though etx ' s current sell price is 20259 .
etx capital’s executive chairman , john wilson , added , “by controlling our own technology we will be able to deliver to customers the trading experience they want , when they want it and where they want it . the acquisition of ariel brings us preeminent trading technology , significant ip and control . ”
etx capital’s powerful , trader - designed platform . users get access to a significant number of trading resources and tools , including a wide selection of chart and graph options . traderpro offers thousands of markets to choose from , with a global range of indices , equities , forex pairs and commodities .
verdict : fairly easy - to - use platform with a very wide range of markets . we recommend using the etx trader pro as this offers the widest range of markets and full functionality . open an etx trader pro by clicking here .
this company understands the magnitude of a client’s peace of mind while trading . to reassure clients , etx depends on a strict governance to guide business operation . etx capital uses segregated accounts for clients . the company also implements financial resource calculations on a daily basis to help guarantee the company is in compliance with mandated fca requirements . etx is a regulated company that allows clients to join in a sanctioned compensation scheme known as financial services compensation scheme . if the company is liquidized , clients can file a claim up to 50 , 000 pounds .
etx mt4 – suitable for traders who want to automate their trading activities with the use of expert advisors ( eas ) .
etx binary – binary options product powered by markets pulse . best to avoid as this is more like gambling than trading .
if you already have a trading account with etx , please write your experience with this broker in the comments section below .
in common with many other brokers , given the increasing interest in spread betting in recent years , etx capital places an emphasis on education . it runs free weekly seminars in its central london offices for both potential and existing clients and for those who cannot attend physically there are free weekly webinars via the internet . in addition to this , etx has arranged with a training company for access to their comprehensive training free of charge .
when i first enlisted etx the support staff were very friendly and helped me navigate the systems - if i had a problem they answered it very timely . my main issues are the mt4 platform and not being able to separate the charts , and the spreads blowing out ( apart from eurusd ) immediately post - announcement . ( trading forex and indices with etx capital for between under a year on an intra - day basis )
spread high / low – unique to etx capital , these options have strike prices slightly above , or below the actual current price level . beyond that , they behave just as a standard high / low option . the difference is that the payout on the spread option is 100 % – etx can do this because their “spread” is covered by moving the strike price . it is a nice innovation , which some traders will enjoy .
the bonus that etx capital is offering to new clients is up to £500 . when you open your account they will put £50 without you even having to deposit anything . then they’ll give you 50 % back of the total stake from your trades up to the value of £450 . the offer seems fairly generous !
montreal , qc . november 13th , 2013 – etx capital , a uk - based online financial trading platform specializing in cfd trading , financial spread betting and margined forex trading , has announced the launch of a new affiliate programme in partnership with income access , a leading supplier of affiliate programme software and digital marketing services . the etx affiliates programme will be powered by income access’ software , which won the 2013 egr affiliate software of the year award .
the difference between a great broker and a mediocre company , is how much they invest in their trading software . it is safe to say , that many clients investing with this broker are there because of the trader pro platform . you will notice when reviewing etx capital , that their markets commentary and news wire service is up to date . a benefit of using an established forex broker like etx , is that they have a strong support team .
the platform is brilliant , even for beginners , it is easy to understand and manage . the research is very helpful and the results are correct most of the time . the trading signals and analysis are very good , they are clear once the trader understands them with the help of their educational webinars , they encourage the trader to learn and gain confidence and it is free ! i spent a lot of money trying to learn to trade with other brokers and did not learn half as much as i have learned with etx capital within the last 8 months . ( trading forex with etx capital for under a year on a daily basis )
in addition to etx’s daily newsletters : from the floor , daily news summary and sunday news summary which can all be delivered straight to your inbox there are also the ib times newswire and am bulletins . in addition etx has recently launched some useful new sections :
- etx capital offers some of the tightest spreads available for forex pairs , with a minimum spread of 0 . 7 on eurodollar and 0 . 9 on euroyen , cable , aud / usd , dollar - yen and usd / chf , as well as competitive spreads for a range of other currency pairs in normal market conditions .
step 2 : once the orders , closing orders and transactions files are downloaded , login to myfptools and go to tools > database > import data > brokers > etx capital > orders , closing orders or transactions . for help on this page and general guidance on importing data from brokers please refer to tools help : import broker data .
the mobile app is available free to all etx customers . the download is quick and simple , and traders can login and trade quickly .
etx trader pro offers : tools , charts , indicators and a wide - array of tradeable markets . made by traders , for traders .
high net individuals also get access to a personalised research service where etx collates research reports from different organisations and brokers on a particular stock .
• we have re - branded our app so now you will get the same experience with a new look and feel • you can now switch between etx trader accounts from within settings in the side navigation • you can now switch the colour theme of your app from black to white . you can do this from within settings in the side navigation • for those products that are not tradable online , you can now call us directly from the app and make a trade with etx capital .
all , please switch to etx capital trader pro platform and you won ' t see any of theses issues . the only thing is their trader pro platform is for traders who really know what they are doing and not those who depend on all the extra free indicators that you can get on the mt4 platform . this is a candid advise ! !
some of the tightest possible spreads for forex pairs can be found at etx capital . eurodollar features a minimum spread of just 0 . 7 , while aud / usc , cable and euroyen is offered at 0 . 9 . to look at a larger range of indicative spreads for other currency pairs , please have a look at our fx markets page .
etx binary are bets on the up down direction of the markets . binary trading offers limited risk bets that settle as quickly as 60 seconds .
not sure why you want to go to etx , they just hopeless customer service and i too seen above im sticking with other established brokers .
etx traderpro - the etx traderpro platform is very similar to the etx trader but is designed for traders with larger accounts . it offers variable spreads that are based on market prices . the market range is the widest available and covers most asset classes ( over 5000 products ) . the trading platform is web based so can be accessed anywhere . it comes with some advanced technical analysis tools and order types and i believe this will be the best choice for most traders . the etx tradepro platform supports one - click dealing and features advanced charts where you can trade directly from the chart .
etx capital offers excellent customer service and support . there are several languages that include chinese , spanish , danish , italian , french , and german . the primary customer support language is english . the system is available through the uk website . in order to contact the support team , clients must use telephone , fax , or email . trading is open 24 hours .
etx traderpro – with customizable trading charts and tight spreads , accomplished traders have the chance to embrace a significant level of risk in pursuit of significant returns .
even though etx caters to experienced traders they do offer regular webinars , in - house seminars , trader courses and are often present at trade shows around the country .
etx binaries - etx binaries ; fast - moving trading platform for binary options . this is powered by markets pulse with selected equities now available to trade . this platform will need its own individual login separate from the trader pro login , which can be applied for by clicking the binary option on the from page of the new site .
the move also provides etx with an increased flexibility in offering the right toolset in a rapidly evolving market place which is increasingly dependent on an integrated multi - asset solution .
update : from february 2018 , the improved traderpro web trading platform was launched and etx are continuing to add great new features to ensure they are delivering fresh trading opportunities .
a relative newcomer to the industry , etx has developed a small and loyal client base who like the intimacy and good customer service that being with a smaller operator brings .
short term – the same concept as high / low but these options have very short expiry times . at etx , they are generally 60 second or 2 minute expiries .
looking for tight spreads ? look no further ; when it comes to forex etx capital offers some of the tightest spreads , with a minimum spread of 0 . 7 on eur / usd and 0 . 9 on eur / yen , gbp / usd ( cable ) , aud / usd , usd / yen and usd / chf , with further competitive spreads on a number of other currency pairs in normal market conditions .
since 2012 the platforms and service have significantly improved . largely due to an investment in the firm’s technology . this has made etx one of the best spread betting brokers around .
investing , derivatives , spread betting and cfd trading carry a high level of risk to your capital and can result in losses that exceed your initial deposit . they may not be suitable for everyone , so please ensure that you fully understand the risks involved .
overall we like etx capital for their modern and energetic outlook , although pretty standard platform . their spreads are average , but their execution is great and you can trade micro lots – their customer service people are also quite good . we rate them as worth a look given their clearly laid out , easy - to - use and straightforward spread betting service offering access to major global markets – and of course their generous superb opening offer .
smart move by etx . ariel is a great tech asset and this locks out a lot of their competitors from getting their hands on a very very good multi - asset platform .
the other trading platform is the etx metatrader 4 or mt4 . this platform is the more popular of the two platforms . the popularity is not only at etx , this is within financial trading . the primary reason for the popularity is the applicable customization of the mt4 platform . additionally , this platform incorporates complex tools that are perfect for charting and technical analysis .
initially when i started with etx there was so much gobbledygook on charts of some instruments that i had to delete all the data and download it from metatrader using the history centre .
etx capital have a reputation for offering very good introductory bonuses to new account holders . at the present they are offering our visitors who open an account from this link a free £20 to start ( no deposit required ) and subsequently a percentage based bonus . make a deposit between £500 and £999 and you will get a 20 % matched deposit . bigger deposit will attract a bigger matched deposit bonus up to £3 , 300 as a match bonus .
hey , lucas . i’ve read your review on etx . very surprising ! i hope my comment will reach you out finally . at this point , you no need to have immediate support to maintain your margin or open positions . it ' s all done automatically according standards and technological progress . i have several accounts in etx and never had a case when rules and regalements were violated . etx is a well known brand in fx industry . i really do not have concerns regarding execution to contact support but i always get response when needed most .
there is a £100 minimum deposit requirement at etx , though you must have sufficient funds in your account to open trades . the amount required will depend on the asset , and expiry .
in early 2016 , etx capital launched a redesign of their entire website and platform . the colour of the website changed from green / black to olivey - brown colour but nothing much seems to have changed on the trading front . on the plus side they haven ' t messed up their web platform too much . it ' s still pretty simple and straightforward and now they offer the functionality to open a demo ( trial ) account which is a plus .
etx capital claim that their support is outstanding although our experience with them was quite of average support . every new account holder is assigned an account executive who is personally responsible for each trader and the company are proud of this fact . rather than going through a lengthy process trying to contact someone to speak to , each client has the direct contact number for their executive . this is certainly an important aspect of the etx experience as they are clearly not only focused on providing a glamorous platform but also the substance to keep their clients happy . trading desk telephone lines are open 24 hours per day and they also provide direct email support and feedback forms .
have a trading query ? looking for assistance ? etx clients have access to a multilingual customer service team as well as a support website offering answers to faq’s in more than 15 different languages .
i am one of those who had chosen to switch my account from alpari uk to etx . are there members here who have done the same ? for some reason , etx now suspended my account without advance warning while i have open trades , and demand that i supply some documents to prove my identity . well , firstly i thought they have our account transferred from alpari and that all our id documents were transferred to them . secondly , if etx wants to do that , why not doing it during the transfer period , not almost a year after the transfer , and not suspending my account . . .
london based etx capital represent one of the ‘new breed’ of binary operators . primarily a spread betting and cfd ( contracts for difference ) brokers , they have added binary options to their portfolio . they provide an excellent trading platform and due to them providing cfd trading in the uk , are fully regulated by the financial conduct authority ( fca ) number 124721 . while binary options are yet to fall under the authority of the fca , it is good to know the firm themselves comply due to the cfd element of the business .
any information , analysis , opinion , commentary or research - based material on this page is for information purposes only and is not , in any circumstances , intended to be an offer of , or solicitation for , a transaction in any financial instrument . no representation or warranty is given as to the accuracy or completeness of this information . any person acting on it does so entirely at their own risk and etx capital accepts no responsibility for any adverse trading decisions . you should seek independent advice if you do not understand the associated risks .
i am having major service issues with etx . i requested for funds transfer to etx when alpari shut shop . but since my mt4 got active on etx , i have been unable to get the customer service to reply on any emails i send them especially on withdrawal information . it has been 3 months and many reminders but not a single reply from them . i wrote to them on friday that as mentioned in their website , i am going to write to the financial ombudsman attaching all my 32 odd emails as a complaint against their non existent service but so far no reply on that too . i will wait until wednesday otherwise withdrawing all my funds asap .
one touch – etx provide both high and low ‘touch’ prices . these finish ‘in the money’ immediately if the price level is reached or surpassed . the is no ‘no touch’ option however . volatility therefore plays a key role .
i don ' t think that company worth my attention or comment . all services provided by etx capital don ' t match actual quality and cannot be used in brokerage industry . & # 8232 ; can you imagine if such companies like morgan stanley or charles schwab give you no immediate support when you need to maintain your margin requirements ? my positions were closed by margin call and i wasn ' t able to add funds because there were some technical issues on broker ' s servers . i can ' t believe that , however , this is reality .
the range of assets is excellent and the option types are good – some additional expiry times within the long term range , and perhaps adding ladder or boundary options , would mean etx compete with the very best for trading choice .
etx operate a specific binary platform , with it’s own login . the first thing of note is that it is closed entirely while global markets are closed – there are no “randoms” or other virtual markets to entice clients to over trade .
etx offers four types of markets : the dailies that expire when the market closures , daily futures which are based on the future price and again expire when the markets close , rolling daily bets which have the expiry and monthly futures .
for ftse 100 shares etx ' s spreads are between . 08 and . 1 percent added to or subtracted from the market bid or offer . for uk shares outside of the ftse 100 they charge between . 18 and . 22 percent .
tradindex ( now etx capital ) was launched in 2002 by tradition financial services ( tfs ) , one of europe’s largest brokerages . tfs , founded in 1985 firms is part of compagnie financière ( cft ) which is in the world’s top three brokers in otc financial ( money markets , bond markets , interest rate , currency and credit derivatives , equity derivatives , exchange - traded products ) and non - financial products ( energy , precious metals , pulp and paper , etc . ) , and number one in continental europe . cft shares have been listed on the swiss stock exchange since 1973 .
one of etx capitals ' biggest draws is their tight spreads and high leverage as well as their low margin requirements . current spreads for spread betting and trading indices are 1 pip and usd / gbp & usd / eur currency pairs are even lower .
long term – again , the trades behave as a standard high / low , but these have longer expiry times . at etx , these are generally the end of the month ( the end of the last trading session of the calendar month ) .
i want to withdraw my sold from etx to my netteler account . they told me they would take 5 % as a transfer fees . is that normal ? i hope to reply me as soon as possible , because i have to reply them .
etx trader – basic platform to help beginners familiarise themselves with spreadbetting / cfds . bid - offer spreads are fixed and trades come with an automatic guaranteed stop attached so your account will never go negative . downside to this basic account are the wider spreads .
weekly blog – etx has picked the most experienced team of traders to share their market views with you headed by market strategist ishaq siddiqi . the team posts weekly for their take on the markets , the global economy and what to expect in the week ahead .
in order to meet the needs of a demanding market , etx currently offers variable spreads for six of the more commonly traded currency pairs . for instance , the gbp / usd starts around 0 . 9 pips whereas the eur / usd may start around 0 . 7 pips .
in this day and age , traders need to be able to take positions wherever they are ; whether they’re at their desks or on the move . that’s why etx offers a full range of mobile trading apps , both trading platforms available on iphone , ipad and android devices .
your capital is at risk . trading in forex and contracts for difference ( cfds ) is highly speculative and involves a significant risk of loss . the information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument . this website is provided for informational purposes only and in no way constitutes financial advice . a featured listing does not constitute a recommendation or endorsement .


goair is a low-cost carrier based in mumbai , india .

it is owned by the indian business conglomerate wadia group .

in may 2017 it was the fifth largest airline in india with an 8.5 % passenger market share .

it commenced operations in november 2005 and operates a fleet of airbus a320 aircraft in all economy configuration .

as of july 2017 , the airline operates over 140 daily flights to 23 cities from its hubs at mumbai , delhi and kolkata .

goair

goair : india ' s low cost domestic airline . © 2018 . goair all rights reserved
goair india vt - waj hd livery of the airline of india . enjoy the repaint of the goair ' s one of the 19 aircrafts
goair is a domestic and international airline operator that provides scheduled passenger and cargo air transportation services . goair is headquartered in mumbai , maharashtra . cornelis vrieswijk is the ceo of goair . goair ' s main competitors are indigo , jet airways and airasia . as of june 2018 , goair has 1 . 1m fans on facebook and 49 . 5k followers on twitter .
goair and lufthansa technik have signed a 10 - year component support . . .
in january 2017 , goair firmed up the order for 72 a320 neo planes .
glassdoor gives you an inside look at what it ' s like to work at goair , including salaries , reviews , office photos , and more . this is the goair company profile . all content is posted anonymously by employees working at goair .
the indian airline industry is reeling under massive losses . how is business at goair ?
capa india also said goair is expected to be listed on the stock exchanges shortly .
goair announced its latest order following a similar agreement for 72 a320neo placed in 2011 .
experts say that the fuel - efficient a320neos will boost goair’s profitability and share sale prospects .
a file photo of a goair plane at igi airport . photo : ramesh pathania / mint
taking carrier rivalry to a new level , the owner of goair airlines moved . . .
goair is among the first three airlines in the world to take delivery of a320neo aircraft .
you can make changes or cancel your bookings online at the goair website . you can also make changes at the airport ticketing counter , or by calling the goair customer call center .
✅ trip verified | bangalore to mumbai . flying with goair was a good experience . the service , comfort and also the captain of the flight were good and friendly . i had a great enjoyment with the goair . i would love to choose goair for my next flyight .
get going and start planning ! tag a friend and book your next long weekend with goair .
still , goair will remain significantly smaller than indigo which is adding over 24 planes in a year alone to its fleet , this person added . “indigo will add a goair every year . ”
but if goair has not had any major impact , it hasn ' t caused much harm either .
goair airbus a320 - 232 ( sp - hag ) small planet poland livery landing at mumbai airport .
copyright photo : goair ( goair . in ) ( india ) airbus a320 - 271n wl f - wwdf ( vt - wga ) ( msn 7047 ) tls ( eurospot ) . image : 932182 .
goair announced the addition of three new destinations on thursday which include kolkata , ranchi and port blair .
at present , goair ' s head count is around 2 , 300 , prock - schauer said .
yes , on cancellation of bookings , goair will charge you a fee of inr 2 , 950 .
the award was presented to goair at berlin , germany , during the world renowned tourism event itb .
goair was the first low - cost airline to offer business class seats . how has the experience been ?
to meet domestic demand , no frills carriers like goair , indigo and spicejet are busy expanding regional operations .
goair airbus a320 special small planet poland livery reg : sp - hag landing at rwy23 of ahmedabad airport .
goair recorded a profit before tax of around rs190 crore in 2015 - 16 and was profitable in the year ended 31 march as well , according to the airline . goair declined to comment on its ipo plans .
goair chief executive officer wolfgang prock - schauer said last week that the airline would look at flying abroad .
meanwhile , goair’s 20th aircraft , airbus a320neo , landed at the delhi airport on monday . a domestic airline needs a 20 - aircraft fleet to fly abroad , and goair inducted its 20th airbus a320neo plane this month .
budget airline goair has firmed up plans to fly abroad as it prepares for listing in the current financial year .
goair did not respond to an email query on on the topic at the time of going to the press .
goair airbus a320 - 232 ( sp - hag ) small planet poland livery landing at mumbai airport . - youtube
as of july 2018 , the fleet of goair consists of the following aircraft . [ 23 ] [ 24 ]
“we don’t see goair deploying more than 72 aircraft in india for revenue service . goair has been the smartest and sharpest among domestic airlines as they did not aggressively expand their fleet when markets were unstable , ” martin said .
“this further commitment by goair is a testament to the reliability , passenger popularity and unbeatable operating economics of the a320 family . i congratulate goair , ” said airbus chief operating officer customers , john leahy . ” goair is among the three first a320neo operators , and with an order for 144 is one of the leading operators of the type . ”
the more i thought about it , the less answers i had . what about goair ? what was it exactly ?
goair’s first a320neo is the first of the type to be financed on a sale and leaseback through smbc aviation capital .
private low - cost carrier goair would start flying overseas from october this year , its managing director jeh wadia said .
with the induction , goair will expand its network and offer fliers better connectivity , the airline said in a statement .
other services : on cleartrip , you may make goair ticket bookings at any time of the day , all year long , from any internet - enabled device ! you may even stay updated with your goair pnr status on our website .
the proposed services are a part of goair ' s growth strategy and will strengthen the airline ' s existing network . with the addition of these four stations , goair will operate more than 1 , 162 weekly flights , connecting 19 stations .
the airline would fly to the destinations of asia and reviewing the destinations within the region . image source : goair official website
goair flights have been recording an average load of 86 percent and the highest load factors in the airline industry since 2007 .
goair said it is the first airline to use a320neo in spaceflex configuration with 186 seats without compromising on leg room and comfort .
goair is likely to start international services by early next year , civil aviation secretary r . n . choubey said in june .
goair has signed for an additional 72 airbus a320neo aircraft , doubling its order and paving the way for future expansion . goair on tuesday signed a memorandum of understanding with airbus for the planes , valued at $ 7 . 7 billion at the current list price .
goair ' s distribution network has been well - researched . following a thorough evaluation of the available mediums , the airline has introduced a gamut of options , specially designed to make tickets very accessible to its passengers . goair hosts convenient online booking options on its website urltoken wherein a passenger or his associate can book goair tickets anytime round the clock , 365 days a year from the comfort of their home . for those passengers who do not have a credit or a debit card or access to a web networked computer , tickets can be booked from other distribution mediums including travel agents or via goair’s call centres . tickets can also be booked from goair airport counters .
several aviation industry professionals who burnt their fingers in kingfisher were able to spend time with goair before they found
real jobs
.
goair’s first a320neo is the first of the type to be financed on sale and leaseback arrangement through smbc aviation capital ltd of ireland .
goair has 139 more a320neos on order with airbus . the airline plans to use them for international operations expected to start this year .
keeping its base in mumbai and delhi , goair travels with you to all prominent metropolises and leisure destinations in india . goair flight bookings may be made across 707 flights to 22 destinations . this brand offers the state - of - the - art airbus a320 aircraft fleet .
a second analyst who also asked not to be identified said that a successful share sale for goair was all about “finding the right window” .
goair plans to start international operations this year , with flights expected to the gulf , south - east asia , central asia and china .
i applied through other source . the process took 2 weeks . i interviewed at goair ( mumbai ( india ) ) in february 2016 .
goair , run by the wadia group , has come out with an innovative way to attract passengers and reduce distribution cost . the smallest of all domestic airlines by market share , goair has rolled out a loyalty programme making it the first low - cost carrier to launch such a scheme .
goair did not respond to an email query on the issue . however , from friday , the airline has begun inviting membership through its website .
adding a milestone to its journey , in october 2016 , goair passed the international air transport association ' s operational safety audit ( iosa ) .
on the occasion , goair spokesperson said , “we , at goair , have always tried to provide convenient flights and value for money to our customers . we offer the earliest morning arrival to kolkata from delhi , which will help the business community and have a convenient evening flight to ranchi .
on tuesday , goair signed up for 72 a320neo , doubling its order to 144 planes . all the planes will be delivered between 2016 and 2025
at present , goair has 20 planes connecting domestic routes . under indian rules , an airline requires at least 20 planes to start overseas operations .
goair ' s order for additional 72 airbus a320neo planes signifies the airline ' s confidence in india ' s aviation growth and its intent to remain relevant in the crowded domestic skies , say sector experts . on tuesday , goair signed up for 72 a320neo , doubling its order to 144 planes .
on the expansion plans , the goair ceo said the company was focussing on the north , with almost one third of its flights originating from delhi .
goair recorded a profit before tax of around rs190 crore in 2015 - 16 and was profitable in 2016 - 17 . photo : ramesh pathania / mint
“goair’s expansion nearly 10 years after it began operations suggests a planned and phased step . goair strategically has chosen not to go international , and that’s a smart thing as planning an international now with a younger , leaner and meaner fleet will save the airline in precious cash operating costs , ” martin said .
welcome to the official account of goair . follow us for the latest offers , news , careers and more . toll - free number - 18602 100 999
goair is the only airline to have consistently made profits in india , one of the toughest aviation markets in the world and a graveyard of many airlines .
goair has five a320neo planes in its 24 - aircraft fleet . thirteen more a320neos are expected to join by march 2018 . photo : priyanka parashar / mint
directorate general of civil aviation has asked indigo and goair to increase surveillance of these planes , besides specifying other restrictions on when and where to fly them .
goair , the smallest domestic airline with a market share of 8 . 7 per cent , is the second domestic airline after indigo to post profits for the last financial year . goair is unlisted and , hence , does not disclose quarterly numbers . the airline has a fleet of 18 airbus a320s operating within india .
at a time when airlines are dumping millions of seats at heavily discounted fares to create demand , the wadia group’s goair is still sticking to its conservative approach .
carriers like spicejet , indigo , goair and jet airways have plans or firmed up orders for over 800 new planes , including a good number of smaller aircraft .
wadia group promoted airlines goair , has signed a memorandum of understanding with airbus to add 72 new aircraft , doubling its order book to 144 a320 neo aircrafts .
goair is one of the smaller indian airlines but it operates very effectively . i have traveled with them a few times and apart from some delays i have no complaints . goair is a budget airline and i usually travel for short flights and i am okay with their no frills policy . the staff is always helpful .
current civil aviation rules do not allow airlines with less than five years of experience 20 planes to fly international . the government is considering relaxing the rule and goair will be a beneficiary . since goair has no international operations it very little foreign currency earnings and expanding foreign network will give it a natural hedge against currency fluctuations .
goair ( mumbai ) on june 1 , 2016 took delivery of its first airbus a320neo aircraft ( the pictured vt - wga ) , becoming the world’s third operator to do so . the a320neo powered by pratt and whitney engines , is the first of 72 a320neo on order and joins goair’s existing fleet of 19 a320 aircraft .
the aircraft is configured in a conformable layout and is the first a320neo equipped with the innovative spaceflex cabin configuration with 186 seats . goair currently flies to 22 indian destinations . with the neo induction , goair will expand its network and offer fliers better connectivity and continue its growth as one of india’s preferred low - cost airline .
yet , it is hard to find a
goair loyalist
, so to speak . in fact , few of the old employees take the airline too seriously .
the wadia - group backed , budget carrier , goair has placed a rs 32 , 400 - crore aircraft purchase order for 72
airbus 320 neo
aircraft .
goair , which had ordered for 143 airbus neo a320 aircraft to add to the existing 24 - strong fleet , had got the delivery of five of them only .
goair plans to take delivery of the aircraft from 2020–25 , but has not made an engine selection . the first 72 aircraft are to be powered by pratt & whitney
goair has firmed up an order for acquiring another 72 airbus a - 320 new engine option aircraft more popularly called the airbus a - 320 neo . the list price of the 72 aircraft is estimated at $ 8 billion although airlines receive hefty discounts when the number of aircraft ordered is large as in the case of the goair order .
mumbai - based budget carrier goair has got the government’s nod to fly to nine countries beginning next march , which would make it the fifth indian airline to fly abroad .
expressing his gratitude at receiving the award , wolfgang prock - schauer , ceo , goair said , “all of us here at goair are proud of our achievement of a hat trick of awards at the a320 family symposium 2017 . we have always sought to lead the industry not only with our innovative value for money products , but also in providing operational excellence and satisfaction to our customers . winning this award for a third consecutive time has been the result of an incredible effort put in by the entire goair team . ”
“the aircraft is configured in a conformable layout and is the first a320neo equipped with the innovative spaceflex cabin configuration with 186 seats . goair currently flies to 22 indian destinations . with the neo induction , goair will expand its network and offer fliers better connectivity and continue its growth as one of india’s preferred low - cost airline , ” airbus said .
goair has partnered with some exceptional restaurants , hotels and spas to give you an unmatched experience of refreshment , rejuvenation and relaxation . simply present your boarding pass at our partnering restaurants , hotels , spas within 30 days of your travel and avail exclusive discounts & offers . with goair , the fun is still on , even after the flying ends .
new delhi : goair plans to hire 500 personnel , including pilots , in the coming months as the budget carrier prepares to expand its aircraft fleet and fly overseas next year .
indian low - cost airline goair has chosen airbus for its further expansion plans by signing a memorandum of understanding ( mou ) for 72 a320neo aircraft at the farnborough international airshow .
due to air traffic congestion in # mumbai flights to & from bom may get delayed . check # goair flight status : sms g8 < space > flight no . to 57333 .
due to bad weather in # chandigarh , flights to & from ixc may get delayed . check # goair flight status : sms g8 < space > flight no . to 57333 .
due to bad weather in nagpur , flights to & from nag may get delayed . check # goair flight status : sms g8 < space > flight no . to 57333 . urltoken
file description : embraer brasilia emb - 120 goair citylink goair citylink livery texture , registration c - goad . original model and default textures by eric cantu . master paintkit textures by daniel halpern and steve drabek . requires original model file emb120 . zip , by erick cantu . this repaint includes a propeller fix and new look for this model . by juan ernesto oropeza
yes , you can cancel or change your reservations at goair . you will need to cancel / change your reservation at least 2 hours prior to the scheduled departure of the flight .
new delhi : the wadia group - owned budget airline goair is likely to start international services by early next year , civil aviation secretary r . n . choubey said on saturday .
current civil aviation rules do not allow airlines with less than five years of experience and having a fleet of less than 20 planes to fly international . with the government considering relaxing the rule , goair will be a beneficiary . since goair has no international operations , its very little foreign currency earnings and expanding foreign network will give it a natural hedge against currency fluctuations .
goair is expected to post a net profit of around $ 20 - 25 million in the year ending 31 march , says aviation consulting firm capa india . photo : ramesh pathania / mint
the placement of an additional 72 aricraft is a game - changer for goair and the indian aviation sector , said the airline spokesperson .
these aircraft will give us a further competitive advantage of upto 15 % on efficiency , primarily gained from a much improved fuel burn ,
said wadia . goair also announced the appointment of giorgio de roni as its chief executive officer .
due to bad weather in # mumbai , flights to & from mumbai may get delayed . check # goair flight status : sms g8 < space > flight no . to 57333 . urltoken
due to air traffic congestion in # delhi flights to & from del may get delayed . check # goair flight status : sms g8 < space > flight no . to 57333 . urltoken
as of april 2016 , goair operates to 22 destinations in india , with over 140 daily flights and 975 weekly flights . [ 21 ] the airline maintains hubs at delhi ' s indira gandhi international airport and mumbai ' s chhatrapati shivaji international airport . [ 22 ] in june 2016 , goair became eligible for international operations but does not yet operate any . [ 14 ]
as first reported by hindustan times on july 11 , wadia group - owned goair had sought approval to fly to 14 countries . it hasn’t , however , been granted permission to fly to kuwait , turkey , thailand , uae and oman . the aviation ministry hasn’t cited any reasons for rejecting goair’s request to fly to these destinations in the approval letter sent to the airline .
this might happen over the next few months , added this person who asked not to be identified . goair has a 24 - aircraft fleet and a 8 . 5 % market share .
goair , a wadia group company , announced its latest order following a similar agreement for 72 a320neo placed in 2011 bringing the total order book to 144 aircraft . the first two aircraft from this order were delivered in june . with the neo induction , goair will expand its network and offer fliers better connectivity and continue its growth as one of india’s preferred low - cost airline .
the goair route network spans across prominent business metros as well as key leisure destinations across the indian subcontinent . goair currently renders its services at the airports in ahmedabad , bagdogra , bengaluru , bhubaneswar , chandigarh , chennai , delhi , goa , guwahati , hyderabad , jaipur , jammu , kochi , kolkata , leh , lucknow , mumbai , nagpur , patna , port blair , pune , ranchi , and srinagar . through this route network goair ensures a smart value - for - money option for both business and leisure travellers , without compromising on either safety or service factors .
go airlines ( india ) ltd . is an aviation foray of the wadia group . it operates under the brand goair . in november 2005 , goair launched its operations as a low - fare carrier to commoditize air travel and offer airline seats at a marginal premium to train fares across india . the airline currently operates over 230 daily flights and approximately 1600 weekly flights across 23 destinations .
the addition of new routes across kolkata , ranchi and port blair will increase goair’s network to 21 destinations across india , with 588 weekly flights , the privately held firm said in a statement .
“i think goair wants to clinch a much better valuation than spicejet keeping in mind that it doesn’t have a negative net worth , ” an analyst who did not wish to be identified said .
new delhi : low - fare airline goair has started flying its five airbus a320neo planes at a lower altitude to limit strain on the aircraft engine , a person aware of the matter said .
at cleartrip , we attribute the success of this airline to timely performance as well as excellent customer service options . positioned in the market as the ‘smart people’s airline’ , goair has an edge over its competitors by offering consistency , quality and affordable flying options . additionally , the brand’s association with cleartrip has ensured that goair online booking is easily accessible to its end passengers through the web .
mumbai , march 27 : goair airline has become india ' s first low fare carrier to win the prestigious international pacific area travel writers association ( patwa ) award for ' excellent services ' .
mumbai : go airlines ( india ) ltd , which runs low - fare airline goair , has taken delivery of its first fuel efficient a320neo aircraft , becoming the world’s third operator to do so .
goair would be the first indian private carrier to fly to any cis ( commonwealth of independent states ) . cis countries for which the carrier has got flying nod include uzbekistan , kazakhastan and azerbaijan .
additionally , our mobile application will make booking your goair tickets on cleartrip much more convenient while on the go . you simply need to enter details or use our mobile app to get information instantly .
goair executes its business model on the basic three - tier principle - ' punctuality , affordability , and convenience ' . the airline has recently partnered with navitaire , a leading technology provider of automated aviation and travel - related software solutions , for its passenger service system . by adopting such technology solutions , goair is equipped with superior process efficiency , thereby enabling its passengers to save great amount of time .
as part of its expansion plan , goair has placed a firm order of 144 airbus a320 neo aircraft . the delivery of the same has begun and currently has 36 aircraft as part of its fleet .
goair , one of the fastest - growing low - cost airlines , expects to ride the indian aviation growth story with the 144 airbius aircraft it has ordered . they are to be delivered by 2025 .
go airlines ( india ) ltd , which operates the 11 - year - old goair , has 24 planes , of which five are a320neos . thirteen more a320neos are expected to join by march 2018 .
goair’s initial public offer ( ipo ) timing is directly linked with the induction of a320neo planes into its fleet and it would finalize the share sale plan once it receives clarity on the delivery schedule from airbus .
a320neos have had a tough time this year . in january , an indigo flight had a so - called rejected take - off at mumbai . in february , a goair flight from delhi had to return to the airport after an engine fire 15 minutes into the flight . in the same month , a goair flight had to make an emergency landing and an indigo flight had to fly minus passengers to delhi from baroda .
in a statement on thursday , european airplane maker airbus sas said the a320neo , powered by pratt and whitney engines , is the first of 72 a320neo on order and joins goair’s existing fleet of 19 a320 aircraft .
“goair offers very competitive fares and with these new routes we have facilitated access to potential travelers to the cities . we see good potential in these destinations and hope to increase our presence on these routes in future” .
go airlines ( india ) ltd , which flies under the goair brand , has signed an agreement with airbus to buy 72 a320neo aircraft as part of an expansion drive in the world’s fastest growing civil aviation market .
the timing of goair’s initial public offering is directly linked to the induction of a320neo planes into its fleet , and it will finalize the share - sale plan once it receives clarity on the delivery schedule from airbus .
each time the airline changes its ceo , a large portion of the senior management team also changes and this always gives an opportunity to those on a
sabbatical
to join goair for a bit while they scout around . industry insiders say it adds that
unpredictable
element to the endless representations made by the airlines to the civil aviation ministry and government from time to time . as one rival airline chief executive put it :
one simply never knows which way goair will swing
. and last but not the least , goair - along with other smaller players - helps keep fares and the larger players in some kind of check .
goair is the first airline to use a320 neo in spaceflex configuration with 186 seats without compromising on the passenger leg room and comfort . this configuration will also enable better service and availability during peak season for the travelers .
goair is not the only carrier , jet airways , air india , indigo and others , too , are expanding their fleet to take advantage of the burgeoning middle class , who are taking a liking for air travel .
and even if it doesn ' t exactly cause ripples of excitement , it doesn ' t often disrupt the market ( unlike rivals such as air india and spicejet ) . so , in conclusion , even if there is no logic to goair , we - passengers - should just enjoy the ride . and if there is any truth in the saying
slow and steady wins the race
, goair is sure to have the last laugh .
in - flight services , baggage allowance : for regular and affordable tickets , this airline follows a no - frills policy ; hence , any refreshments must be purchased by passengers . goair baggage allowance varies for premium and regular seats ; you may check in upto 20 kgs with the former and 10 kgs with the latter . with goair web check - in , you may check in your luggage in advance , from the convenience of your home !
in the midst of our chat , he suddenly asked me about the mumbai - headquartered goair - how would i describe and rate it , whether it was a strong contender in the low - fare space and so on .
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goair aircraft are painted in different colour schemes such as blue and pink with the logo on the tail . in 2011 , the airline announced that all its aircraft will convert to a new grey colour scheme . [ 20 ]
with the aim to tap tier - ii cities and ‘mini - metros ' , goair on monday announced addition of four new destinations to its network this festive season , beginning with two direct daily flights to patna from here .
budget airline goair on monday said it will add four new destinations - - patna , pune , lucknow and leh - - to its flight network over the next two months , and add two new aircraft to its fleet .
all this cannot happen without a large number of planes , connecting many more towns and cities . however , goair will continue to operate as a low - cost airlines , even through its expansion within the country and internationally .
commenting on the order , john leahy , airbus commercial aircraft chief operating officer - - customers said , “the a320neo offers unbeatable operating costs and goair’s passengers will continue to enjoy the unrivalled comfort that only airbus aircraft offer . ”
business wire india uae exchange india received best sales agent award for outstanding business contributions from goair in the lively function held at le - meridian , kochi on 22 february 2017 . top travel agents from south india attended the exclusive program honouring the best performer in the travel industry . mr . gaurav pewtari , regional general manger western south [ . . . ] the post goair awards uae exchange india as the best sales agent appeared first on newspr .
mr jeh wadia , managing director , goair said , ' ' we are truly honoured to receive these prestigious awards that once again stand testament to our emphasis on being a high service standard airline with low fares ' ' .
✅ trip verified | worst experience with goair . i had an indigo flight on 28 feb from raipur to new delhi at 9 . 30 am in morning and from new delhi to ahmedabad with goair at 2 . 05 pm , but it was delayed to 7 . 30 pm without giving any reason . staff were uncooperative and i had to wait 6 to 7 hrs at the airport , this was a connecting flight i hadn ' t booked separately .
the services on these new routes would start from october 8 , onwards . the launch of the new destinations comes as part of goair’s growth strategy and strengthens its existing network , by flying to 21 destinations with 588 weekly flights .
goair has 21 airbus a320 aircraft , including a320neos - - which are more fuel - efficient . generally , an airbus 320 plane needs maximum 14 pilots for its operation , with seven commanders and an equal number of first officers .
“if goair were to launch its ipo today then definitely there will be significant demand . but if there is a significant rise in crude price over the next six months , then the story can change very fast , ” he said .
goair is among the first three airlines in the world to take delivery of a320neo aircraft , which are expected to offer 15 - 20 % savings on jet fuel , which makes up the largest chunk of spending by airlines . photo : reuters
the creative print campaign of goair won the grand prix and the best ad in services category at the pink slip awards 2007 , which are india ' s first awards show for excellence in creative recruitment advertising , a statement said here today .
looked at from a macro point of view , i can only say that goair - and its unremarkable history - has been good for the sector . it has served a purpose . let me elaborate . the airline does offer some enhanced connectivity .
go airlines ( india ) ltd , which runs low - fare carrier goair , is waiting to hear from plane maker airbus sas on the delivery schedule of its fuel - efficient a320neo jets before deciding on the timing of a proposed share sale .
in a statement , the european aircraft manufacturer , airbus said that the agreement was reached on december 30 last year and doubles goair’s firm order bookings for the aircraft type to 144 . the first of the 72 aircraft will be delivered in 2020 .
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india : goair , one of india’s fastest growing airlines , has bagged the prestigious “best operational performance” award in the small / mid size aircraft category at the a320 family 2017 symposium in berlin . this is the third time in a row goair is receiving such award from airbus . this award from airbus is based on both fleet utilization and performance achievements in each region and worldwide and seeks to facilitate two - way dialog amongst the aviation industry , ultimately leading to even safer and more efficient fleet .
goair , which has an 8 % share of domestic air traffic , is expected to post a net profit of around $ 20 - 25 million in the year ending 31 march , aviation consulting firm capa india said in a report released this year .
goair was founded in 2005 by [ jehangir wadia ] ] , son of indian industrialist nusli wadia . the airline is a wholly owned subsidiary of the wadia group . [ 4 ] goair commenced its operations using an airbus a320 aircraft and operated its inaugural flight from mumbai to ahmedabad on 4 november 2005 . [ 4 ] the airline initially operated with a single aircraft to four destinations including goa and coimbatore with plans to induct 36 aircraft by 2008 . [ 5 ] in march 2008 , the airline announced revised plans to operate 11 aircraft and service new destinations in north east and south india by the end of the year . [ 6 ] but increasing fuel prices forced goair to cut down the existing number of flights in june 2008 . [ 7 ]
in january 2009 , british airways was interested in buying a stake in the airline . [ 8 ] in november 2009 , goair entered into talks with indian airline spicejet over a possible merger which ended in a no deal . [ 9 ] in april 2012 , goair became the fifth largest airline in india in terms of market share following the demise of kingfisher airlines . [ 10 ] [ 11 ] in 2013 , the airline appointed investment bank jp morgan to scout for potential investors . [ 12 ]
“the new a320neo provide us the competitive edge to achieve our growth targets and help us strengthening our presence in the wider region . it also reaffirms goair’s commitment to deliver the most modern , comfortable and excellent air travel experience to all customers as well as to strengthen the sustained positive growth and business expansion of the company . the new aircraft will help us in unlocking new domestic routes while providing a springboard for continued international network expansion in the years to come . ” said goair ceo wolfgang prock - schauer .
goair is expected to start taking delivery of its first a320neos by may and is expected to take delivery of at least 10 of the jets in the next financial year , according to two people aware of the situation , who spoke on condition of anonymity .
however , indian regulations require a minimum of five years operations and a minimum of 20 aircraft in the fleet to be eligible to fly international . thus , we are not allowed . i think this is unfair not only to goair but also to the system .
goair has plans to expand its operation , as india has become the world’s fastest growing aviation industry . by 2020 , it is expected to become the third largest ( it is at present the ninth largest ) , and by 2030 the largest in civil aviation .
go airlines ( india ) limited is the aviation sector of the wadia group . it was founded in 2005 with the brand name goair . maintaining its forte in the domestic sector , it was created with an aim to offer affordable flight options across the country .
goair’s initial public offer ( ipo ) timing is directly linked with the induction of a320neo planes into its fleet , said one of the two people cited above , adding that it would finalize the share sale plan once it receives clarity on the delivery schedule from airbus .
in july 2016 , goair signed a memorandum of understanding with airbus for 72 airbus a320neo ' s aircraft valued at $ 7 . 7 billion , potentially taking the total number of orders to 144 . this deal was announced at farnborough air show 2016 . [ 27 ]
“for international routes , we have been allocated traffic rights to iran , central asian countries like kazakhstan , saudi arabia , china and some countries in the south east asia and touristic destinations in the indian ocean , ” wolfgang prock - schauer , ceo , goair said .
✅ trip verified | i travel a lot and have flown across many cities within my country and foreign too . i have travelled with numerous airlines . i had a flight from mumbai to delhi by goair . it is my worst experience to date in my travel history . the staff behaves as if you are an enemy to them . they didn ' t allow me to board due to overbooking of their flight . i don ' t know what words i can use for this awful airline . never ever going to travel goair again .
wadia group - owned goair made a profit of rs 104 . 34 crore in fy13 compared with the rs 133 . 72 - crore loss in the previous year . the profit was , however , on the back of changes in accounting policies with respect to aircraft lease rentals .
earlier this month , goair got government ' s approval to fly to nine countries including iran , uzbekistan and kazakhastan . it expects to start international operations from the next summer schedule - - which generally spans from the last sunday of march and extends to the last saturday of october .
drawing from his experience working with austrian airlines , jet airways , british midland airways and air berlin , wolfgang has been instrumental in crafting the expansion of goair , not only in the domestic market , but also abroad as the airline starts services to a few overseas destinations next summer .
goair ceo wolfgang prock - schauer said in an interview in february that pratt & whitney “will support us properly with spare engines and other support needs to be there so we can overcome the initial phase and don’t have any flight disruptions” and a full fix could take about 18 months .
when the flying ends , fun begins . with our domestic flight offer , you can now present your boarding pass at our associate restaurants , hotels and spas within 30 days of your travel and avail amazing discounts & offers . kick - start the fun with goair domestic flights now !
thank you for booking with goair and we look forward to flying you to your destination . we know that things change from time to time and you’ve landed on the right page to update your flight reservation . please note that amendments attract administration charge per sector per passenger . modification charges of
new delhi : the wadia group - owned go airlines ( india ) ltd , which operates low - fare airline goair , plans to increase its fleet size and market presence before hitting the market with an initial public offering ( ipo ) , a person familiar with the company’s plans said .
the a320neo incorporates the latest generation engine and many innovations to ensure a smooth flying experience , while reducing the carbon footprint . as a mark of its responsibility to the environment , goair has decided to forgo the customary water cannon salute on arrival in delhi to avoid unnecessary wastage of water .
goair competes directly with no - frills carriers spicejet and indigo , both of which are listed . indigo owner interglobe aviation ltd was the most recent to list . indigo , with about 134 planes in its fleet and a 40 % market share , is valued at about rs37 , 000 crore .
“goair’s intent clearly is strategic . the airline choosing to firm up options for an additional 72 airbus a320neos will act more as fleet replacement in times to come , given the way the sector is today , ” said mark d . martin , founder and chief executive officer at consulting firm martin consulting llc .
the airliner , which launched its operations in november 2005 , currently operates with a fleet of 20 airbus aircraft across 23 destinations with over 975 flights and about 2 , 000 plus connections weekly . currently , goair operates 144 flights per day and expects this to go up to about 180 - 190 flights by december .
goair , which is the smallest domestic airline with a market share of 8 . 7 per cent , is also the second domestic airline after indigo too report a profit for last fiscal . it is unlisted and hence does not disclose quarterly numbers . the airline has a fleet of 18 airbus a320s and operates within india .
mumbai - based goair took delivery of its first a - 320 neo aircraft in june last year . the aircraft is powered by pratt and whitney engines . on december 30 the airline reached an agreement to double the number of neo aircraft that it will acquire to 144 by ordering another 72 which is being announced now .
all the planes will be delivered between 2016 and 2025 . over the last ten years , goair has followed a cautious approach of not chasing market share through rapid expansion or acquisition . in the last ten years , it grew its fleet size to 20 aircraft , inducting on an average two aircraft a year . . . .
mumbai : if the last decade was about the birth of low - cost airlines in india , the current one is all set for a full - throttle , steep climb in the number of no - frill seats on offer , what with yet another low - cost airline announcing mega aircraft purchase plans on thursday . the wadia - group backed , budget carrier , goair has placed a rs 32 , 400 - crore aircraft purchase order for 72
airbus 320 neo
aircraft . the deliveries will begin from 2015 , with an induction rate of 15 aircraft per year . that is , 2 , 700 goair seats to be added every year till 2020 .
goair is positioned as ' the smart people ' s airline ' . its captivating theme , ' fly smart ' is aimed at offering passengers a consistent , quality - assured , and time - efficient service through ' pocket - friendly ' fares . the airline uses a state - of - the - art airbus a320 aircraft fleet .
welcome to the goair cafe ! be ahead of time when it comes to food and pre - book snacks from our wide range of delicious veg , non - veg and jain snacks . now you can not only save on the airfare but also on the meals too with guaranteed meal availability on board because good food can’t wait .
being a low - cost airline , goair does not provide complimentary meals on its flights but offers options for buy on board in - flight meals . [ 28 ] the airline publishes an in - flight magazine named go - getter . [ 29 ] goair offers a premium service known as go business at a higher fare which provides extra services including seats with greater legroom , free meals , increased baggage allowance and priority boarding . [ 30 ] in 2011 , the airline launched its frequent flyer programme called go club , which provided benefits such as lounge access and free upgrade to go business . [ 31 ] new membership was discontinued in february 2014 . [ 32 ]
the airline operates a fleet of 11 airbus a320s and its market share is 6 . 2 per cent , which is a third of indigo . goair will induct another plane later this month . in june , the airline ' s managing director jeh wadia announced order for 72 airbus a320 neos , which would be delivered from 2015 onwards .
prior to this , the airline had placed an order for 20 , a320s and these aircraft will be delivered over the next 24 months . with the latest deal , the total aircraft on order with goair jumps up to 92 . currently , the 2005 - born airline , which adheres to the low - cost model of having a uniform aircraft fleet , operates 133 daily domestic flights with a fleet of ten a320 aircraft .
we are evaluating various fund - raising options ( for the deal ) . it will be a combination of debt and equity ,
jeh wadia , goair managing director , said announcing the 72 - aircraft order in a press meet held on thursday .
the ministry data disclosed that the low - cost carrier ( lcc ) indigo achieved the highest market share at 36 . 8 percent followed by jet airways ( 18 . 4 ) , air india ( 15 . 4 ) , spicejet ( 13 . 1 ) , goair ( 8 . 00 ) and jetlite ( 2 . 8 percent ) .
goair flies to / from destinations within india . it covers 21 cities . the cities covered by it are : srinagar , leh , jammu , chandigarh , delhi , jaipur , lucknow , ahmedabad , guwahati , bagdogra , patna , kolkata , ranchi , nagpur , mumbai , pune , goa , bengaluru , chennai , kochi and port blair .
“the ninth aircraft will be inducted on september 2 operating on the delhi - patna sector , while the next one will be inducted on october 2 , ” goair ceo kaushik khona told reporters here . while the delhi patna flights will start from september 2 , the other destinations being added are : leh , lucknow and pune from october 2 .
“the a320neo provides the latest technical innovations and unbeatable economics . we are happy to offer our passengers the most modern and comfortable cabins . this new order will further strengthen our network by adding more domestic and international routes in the years to come , ” said wolfgang prock - schauer , managing director and ceo of goair , in a statement .
“the new a320neo provides us the competitive edge to achieve our growth targets and help us in strengthening our presence in the wider region , ” goair’s chief executive officer wolfgang prock - schauer said . “the new aircraft will help us in unlocking new domestic routes , while providing a springboard for continued international network expansion in the years to come . ”
goair was rated as the
best domestic airline for excellence in quality and efficient service
by pacific area travel writers association in 2008 . [ 33 ] the airline was also awarded as the
best performing airline
in asia and africa of all airbus a320 operators by airbus in 2011 based on fleet utilization and other performance metrics . [ 34 ]
being a customer - centric airline , goair works the extra mile to make sure that you along with your belongings are insured and safe . now be at peace while flying with our domestic flight at an absolutely nominal cost . it’s time to fly smart and fly stress free with our domestic travel insurance . we definitely offer more than just low airfares .
“goair is delighted to welcome a320 neo into its fleet . with the induction of the first of our 72 neo aircraft on order , we have reached a fleet strength of 20 aircrafts . with this expansion we will be able to strengthen our domestic network and will also be available to fly on international routes , ” he had said in a statement .