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

etx capital vs . ig group etx capital vs . cmc markets etx capital vs . city index etx capital vs . saxo bank fxopen vs . xtb fxopen vs . urltoken ( gain capital ) fxopen vs . oanda fxopen vs . admiral markets
etx capital vs . ig group etx capital vs . cmc markets etx capital vs . city index etx capital vs . saxo bank urltoken vs . etoro urltoken vs . plus500 urltoken vs . ads securities urltoken vs . xtb
etx capital vs . ig group etx capital vs . cmc markets etx capital vs . city index etx capital vs . saxo bank xtb vs . plus500 xtb vs . ads securities xtb vs . cmc markets xtb vs . fxpro
alpari vs . fxopen alpari vs . pepperstone alpari vs . oanda alpari vs . admiral markets alpari vs . fxpro etx capital vs . ig group etx capital vs . cmc markets etx capital vs . city index etx capital vs . saxo bank
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 .


fxdirectdealer , llc ( known as fxdd ) is a provider of foreign exchange trading for retail and institutional clients .

the company provides access to the spot foreign exchange market through proprietary and third-party trading software , including : metatrader 4 , fxdd swordfish , powertrader , vikingtrader , mirror trader , and jforex .

fxdd

fxdd posted a video
fxdd - empower your every forex trade .
on youtube
press release : fxdd : fxcm to acquire u . s . retail forex accounts of fxdd
fxdd – what can i trade in fxdd trading account ? | faq – hercules . finance
fxdd - what can i trade in fxdd trading account ? | faqs | hercules . finance
fxdd currently has 23 , 434 followers on twitter . as of august 2016 fxdd had 23 , 334 followers . fxdd currently has 24 , 359 fans on facebook
owler has collected 14 screenshots of fxdd ' s website since may 2014 . the latest fxdd website design screenshot was captured in jun 2018 .
fxdd is a provider of forex trading technologies for individuals and institutional traders . fxdd was founded in 2002 . fxdd ' s headquarters is located in hamilton , other , bm 11 . fxdd has an estimated 78 employees and an estimated annual revenue of 14 . 5 . . .
fxdd is a provider of forex trading technologies for individuals and institutional traders . fxdd ' s headquarters is in hamilton , other . for every employee , fxdd generates $ 186 . 4k in revenue . fxdd ' s main competitors are markets . com , novicap and kraken . as of june 2018 , fxdd has 24 . 4k fans on facebook and 23 . 4k followers on twitter .
fxdd global launches offshore based ‘fxdd trading’ with up to . additionally , the order finds that fxdd was undercapitalized for 41 days between september 30 , 2013 and december 13 , 2013 in violation of the prior order . fxdd global , a leader in online forex trading , today announced the launch of fxdd trading . the new entity is based in bermuda , long considered an offshore financial .
can i trade micro lots ( 0 . 01 lot ) in fxdd mt4 ?
fxdd • review and rating com • reviews 2017 currency mountain holdings , whose main shareholder is also part of fxdd , has become the main shareholder of a holding firm called nukkleus . fxdd - get the details about advantages and disadvantages of this forex broker . thank you . fxdd provides traders a number of trading platforms to choose from metatrader 4 , mtxtreme , metatrader 5 , fxdd trader . payment options .
glassdoor gives you an inside look at what it ' s like to work at fxdd , including salaries , reviews , office photos , and more . this is the fxdd company profile . all content is posted anonymously by employees working at fxdd .
fxdd - babypips forum each of these violations , the order finds , was a result of fxdd’s inadequate supervisory system and its failure to diligently supervise employees , officers , and agents with respect to the handling and monitoring of fxdd’s compliance with its minimum financial requirements . fxdd - peter davis is the official representative of fxdd . if you have any . query about missing on demo trading summary . thread display options .
brokers trading on the fxdd experience the global market advantage of the exchange floor . forex market contract offerings on fxdd offer deep market liquidity for quick option fills . continuous reporting on fxdd is round - the - clock . with fxdd traders have early access to bull and bear market insights . for the lowest cost per trade execution from a reliable forex exchange , come to fxdd for the most return on investment .
the fxdd m1 data only goes back to ~ 2005 but it does come from a single price feed ( fxdd ' s ) so the quality is inherently higher .
new york , may 12 , 2015 / prnewswire / - - fxdd global ( www . fxdd . com ) , a leader in international online f . . .
new york , jan . 16 , 2015 / prnewswire / - - fxdd global ( www . fxdd . com ) , a leader in international online . . .
fxdd forex options - forex ambush the order also finds that fxdd violated cftc minimum financial requirements by making three prohibited equity withdrawals between january 13 , 2014 and february 14 , 2014 . fxdd forex options forex always involves two currencies one currency being bought , exchange for another currency . fxdd forex options most importantly , there is a .
new york , nov . 24 , 2015 / prnewswire / - - fxdd global ( www . fxdd . com ) , a leader in online foreign exchan . . .
forex trading group turkey fxdd , fx direct dealers online forex trading , mobile software platforms & support open a trading account today fxdd forex trading , fx broker , software read . . .
fxdd ' s new robox powered by tradency aims to help traders find strategies . . . .
online online currency trading forex fxdd , fx direct dealers online forex trading , mobile software platforms & support open a trading account today fxdd forex trading , fx broker , software more . . .
fxdd global ( malta ) - - - no u . s . clients ; accepts canadian clients
unfortunately , there are no fxdd bonuses or promotions available . it , however , should not be a good enough reason not to join the fxdd trade and accept their services . although this is an inconvenience for many clients , fxdd has so many positive characteristics that redeem for this weakness .
fxdd malta ltd . company overview fxdirectdealer , llc ( fxdd ) malta ltd . is a new york city headquartered global exchange offering exotic and traditional currency pairs to maximize forex profits . for over a decade , fxdd has provided brokers with world - class forex exchange technology and services . fxdd employs more than 180 forex specialists speaking 13 different languages . fxdd is a trading solution designed to the meet the needs of brokers , institutional traders , hedge funds , money managers , and white labels .
if my interpretation is correct , fxdd seems to have a very casual attitude about all of this .
nfa hits fxdd with multiple charges including asymmetric slippage , fine will cost it over $ 3 . 5m
the broker has also set up an offshore unit based in bermuda , doing business as fxdd trading .
morgan partners llc acts as exclusive financial advisor to fxdd in its acquisition of boston technologies , inc .
met some great people while working at fxdd . beautiful office and free working environment , tons of opportunities .
novicap is fxdd ' s # 2 competitor . novicap is headquartered in london , england , and was founded in 2014 . novicap operates in the personal products industry . novicap generates 20 % the revenue of fxdd .
urltoken is a top competitor of fxdd . urltoken was founded in strovolos , other } in 2008 . urltoken competes in the diversified financial services industry . compared to fxdd , urltoken generates $ 13 . 5m more revenue .
the order issued to fxdd today , as well as imposing the aforementioned $ 275 , 000 civil monetary penalty , includes a cease and desist order against fxdd for its violations . the order also notes that in settling this matter , the cftc took into account fxdd’s cooperation and the corrective action it undertook after its deficiencies were discovered .
following the disposal of its us client base , fxdd is looking for some acquisitions to strengthen its . . .
so if there is no fxdd , can the company still be forced to pay the fine ? i thought fxdd had already left usa behind . assuming they are guilty , what would happen if they didn’t pay the fine ?
edit : ah , just after i post this , i notice ramy points out the fxdd regulatory issues . lol
all financial instruments offered is available for trading with fxdd in any trading account types . you just need to open up one account and you can build up a diversified portfolio including forex , cfds and precious metals with fxdd .
as of august 2016 fxdd had 21 , 626 fans . that ' s a 12 percent increase in 2 years .
each of these violations , the order finds , was a result of fxdd’s inadequate supervisory system and its failure to diligently supervise employees , officers , and agents with respect to the handling and monitoring of fxdd’s compliance with its minimum financial requirements .
company profile : fxdd malta limited ( fxdd
) is licensed to provide investment services by the malta financial services authority in malta under category 3 licence in terms of the investment services act ( license no . is / 48817 ) in 2010 .
kraken has been one of fxdd ' s top competitors . kraken is a private company that was founded in 2011 in san francisco , california . kraken operates in the diversified financial services industry . compared to fxdd , kraken has 124 more employees .
fxdd ' s revenue is the seventh highest among it ' s top 10 competitors . the top 10 competitors average $ .
fxdd has employees and is the third highest among it ' s top 10 competitors . the top 10 competitors average 64 .
ironfx reviews announce the merger between ironfx and fxdd inc . , one of the pioneers in the retail fo . . .
want a full history search for c - fxdd dating back to 1998 ? buy now . get it within one hour .
fxdd makes use of an unusually large array of trading platforms , aside from the ever popular metatrader 4 . they include :
fxdd forex broker review and rating , general info forex awards fxdd has been registered with the cftc as an fcm since december 10 , 2009 and as an rfed since september 2 , 2010 . in short , fxdd is a proper choice for those who look for a non - dealing desk broker with reasonable spreads , a number of trading platform options and a decent .
8 . 12 services agreement the fxdd services agreement shall be in full force and effect on terms acceptable to the company .
i applied online . the process took 1 day . i interviewed at fxdd ( new york , ny ) in august 2011 .
new york - - ( business wire ) - - fxcm to acquire u . s . retail clients of fxdd . . .
1 . 2 compliance with gaap , etc . the fxdd financials ( including any notes thereto ) ( a ) are complete and correct and were prepared in accordance with the books and records of fxdd malta limited , ( b ) fairly present the consolidated financial position of fxdd malta limited as at the respective dates thereof and the consolidated results of the operations of fxdd malta limited for the periods therein specified and ( c ) have been prepared in accordance with gaap applied on a basis consistent with prior accounting periods .
“fxdd malta will be at the forefront of the retail forex industry , ” said lubomir kaneti , a director of fxdd malta . “it will offer clients the best of both worlds : proven reliable technology based on the experience of fxdd malta functioning in a regulatory framework that allows customers the freedom to choose their leverage and style of trading , as well as protection of customer assets . ”
ln october 2012 , the bcc issued a second complaint against fxdd , charging the firm with failing to adequately investigate suspicious activity in several customers’ accounts , and failing to conduct annual aml training . a settlement on both counts followed in september 2013 with fxdd paying more than $ 1 . 8 million in restitution to fxdd customers , and a fine to the nfa of over $ 1 million .
fxdd malta limited , doing business as fxdd global , holds a category 3 investment services license issued by the malta financial services authority ( the mfsa ) , which allows them to provide any investment service , to hold clients’ money and to deal on own account .
clients of fxdd malta will be able to use many trading platforms including metatrader4 , mtxtreme , fxdd trader , fxdd auto , and multibank ecn hubs using currenex and integral technology . clients will be able to choose between ticket - based or position - based platforms and will have more options for higher leverage levels . in accordance with european regulations , client funds will be segregated from the firm’s capital .
the following payment methods are available to fxdd clients : credit cards , bank wire transfer , skrill , neteller , and safecharge cashier .
in addition to transactions in many foreign currency contracts , fxdd malta’s clients will also be able execute transactions in gold and silver contracts ; all of these executable instruments will be displayed in 11 languages and will make fxdd malta one of the premier global retail forex dealers .
because fxdd reported its adjusted net capital on a consolidated basis with its subsidiary , fxdd apparently did not realize that , according to the cftc’s findings , and on the required stand - alone basis it failed to satisfy its adjusted net capital requirements throughout most of this period .
fxdd is an online foreign exchange trading company dedicated to providing superior customer service to both individual and institutional traders . the company offers trading software , trading services , and trading tools . fxdd created the first enterprise - level technology , which supports the popular trading platform metatrader 4
the order imposes a $ 600 , 000 civil monetary penalty against fxdd for its violations , as well as a cease and desist order and a three - year registration ban as an fcm or rfed . the order notes that in settling this matter , the cftc took into account the corrective action that fxdd undertook after its deficiencies were discovered and fxdd’s pending request to withdraw its registrations as an fcm and rfed .
new york - - ( business wire ) - - fxdd global , a leader in international online foreign exchange trading , an . . .
“cease and desist order”… . does that mean no more fxdd forex trading operations in the usa as of this moment ? that’s pretty serious .
according to information obtained exclusively by forex magnates , the national futures association ( nfa ) has served a complaint to fxdirectdealer llc ( fxdd ) and joseph botkier , ceo of the company , as he was serving as principal of fxdd , during the times relevant to the complaint .
fxdd fxdd metatrader mt4 brokers best mt5 forex commodity futures trading commission ( cftc ) today issued an order filing and simultaneously settling charges against fxdirect dealer , llc ( fxdd ) , a cftc - registered retail foreign exchange dealer ( rfed ) and futures commission merchant ( fcm ) headquartered in new york , new york , for failing to meet the minimum financial requirements for rfeds and fcms , failing to supervise its employees , and failing to comply with a prior cftc administrative order dated september 30 , 2013 ( prior order ) ( see cftc press release ) . fxdd forex direct dealer . fxdd was established in 2002 and does its business out of north america . this institution deals with individuals as well as institutional .
headquartered in malta , fxdd global ( also known as fxdd europe ) is a leading foreign exchange dealer that delivers innovative technologies . it offers trading in more than 20 currency pairs , indices , metals , and energy cfds , as well as binary options on a myriad of trading platforms .
account types the fxdd solution begins with an account . fxdd individual and institutional solutions are designed to empower performance . live account registration takes under ten minutes via the online application , fax or mail . clients can begin with a demo account , to explore the world of forex trading risk free .
fxdd forex factory - day trading penny slots their excuses varies from we were not aware to with in three days to one week to bank holiday to did not recieve your request . totally suck , my live acount , over 300 usd eaten by their so called stupid trick stopout . . . fxdd forex factory first hft should not have information on the order book . fxdd forex factory if the price still goes according tothe trend , you close the second .
leverage leveraged funds applied to fdxx metatrader 4 trading software platform exchange accounts have a higher than average revenue potential than on other sites . while fxdd is regulated by european union authorities , the malta ltd . exchange offers over - the - counter ( otc ) options trading to international brokers . the global trading resource for forex options , fxdd offers alternate revenue streams to increase return on investment in orders of magnitude . come to fxdd for better volume rebates on spot pricing . fxdd beats the competition with referral rebates on fx options at competitive prices averaging $ 200 to $ 300 per million in eur / usd trades .
designed especially for institutional and high volume traders , powertrader is fxdd’s version of currenex , one of the deepest liquidity pools in the spot foreign exchange market . it offers very competitive inter - bank rates with ecn execution and allows clients to use fxdd liquidity with five of the world ' s major market makers .
regulators & safety fxdirectdealer , llc ( fxdd ) malta ltd . is a category 3 financial services firm . fxdd is a malta financial services authority ( mfsa is / 48817 ) registered exchange . fxdd is in compliance with the european commission’s ( ec ) european markets in financial instruments directive ( mifid ) . regulatory management of fxdd transactions is in accordance with securities trading rules laid forth by the financial authority of the uk fsa , france amf , germany bafin , italy consob , spain cnmv , netherlands afm , sweden fi , denmark fsa , hungary pszáf , slovakia nbs , and czech republic cnb in oversight of exchange trading .
according to the order , during the period march 20 , 2013 to december 11 , 2013 , fxdd improperly included certain funds held in an account at an unregulated entity in its anc computations . after excluding those funds as required , the order finds that fxdd was undercapitalized for 96 days between april 24 , 2013 and december 13 , 2013 . additionally , the order finds that fxdd was undercapitalized for 41 days between september 30 , 2013 and december 13 , 2013 in violation of the prior order . the order also finds that fxdd violated cftc minimum financial requirements by making three prohibited equity withdrawals between january 13 , 2014 and february 14 , 2014 .
in july 2012 , the regulator lodged its first complaint against fxdd for alleged asymmetric slippage practices , which required the company to place $ 3 . 3 in escrow .
fxdd company offers several platform options , such are most popular trading platform metatrader 4 , it also has mtxtreme , auto platform , powertrader , vikingtrader , and their fxdd trader . it means that it has a broad range of possibilities for the clients who use platforms other than metatrader 4 , which is a significant advantage for many of those who are interested in fxdd´s services . most of these platforms are available for mobile devices as well , which allows you to have control of your funds at any time .
6 . 21 client development . the company will use , and the buyer will cause fxdd trading limited ( “fxdd” ) to use , reasonable best efforts to market each other ' s brand and direct clients to the other until the second closing . the company will , and the buyer will cause fxdd to , create a reporting system to track such client deposits for those clients developed as a result of the other’s origination efforts . in the event of a termination of this agreement pursuant to section 9 . 1 , the company will , and the buyer will cause fxdd to , use reasonable best efforts to transfer to the originating party any remaining equity in such clients ' deposits .
fxdd malta , a provider of online forex trading , has announced it has been granted licensing by the malta financial services authority to operate a category 3 investment services company .
commissions & spreads fxdd is fast become the high volume and high frequency choice for brokers looking for the most cost efficient trading . fxdd brokers can select from standard , low and competitive variable spreads , starting at 2 . 0eur / usd pips with no additional commissions above spread compensation . extreme spreads start at just 0 . 8eur / usd pips plus commission .
fxdd’s marketing director john corbett provided a statement to forex magnates on behalf of the company , “with regard to the recent cftc settlement on the issue of undercapitalization , fxdd continuously maintained sufficient capital on a combined basis with its subsidiary , however , for accounting reasons , the two net capital computations needed to be separated in order to meet adjusted net capital rules . ”
fxdd global is a subsidiary of currency mountain holdings , llc - a new york based holding company with controlling interest in several brands within the foreign exchange trading industry . fxdd had a us unit , but voluntarily withdrawn its introducing broker ( ib ) license from the us national futures association ( nfa ) in 2015 and sold its retail client base to us giant fxcm .
morgan partners , an independent middle - market investment bank serving the financial technology sector , today announced its role as exclusive financial advisor to fxdd in its merger with boston technologies , inc .
trading software fxdd currency traders have access to a full range of forex market trading software applications and tools . the fxdd metatrader 4 forex trading software platform is a turn - key proprietary exchange solution available to both individual and institutional traders . continuous updates to the exchange are hassle free . the fxdd metatrader 4 forex is also available on android , ios , and windows mobile . the digital exchange offers fast and secure execution of fill and kill orders . brokers can trade emerging market currency pairs , competitive spreads . brokers have access to expert advisor ( ea ) support .
broker fxdd has been registered in malta in 2002 . headquartered in new york , and the activity of company is regulated by such organizations as the united states nfa , mfsa malta . regular availability of liquidity enables customers to carry out transactions with the best conditions and low spreads . fxdd provides traders a number of trading platforms to choose from : metatrader 4 , mtxtreme , metatrader 5 , fxdd trader . working with such a reliable partner gives customers confidence in their results and guarantee assistance from the broker - this is confirmed by a lot of positive reviews about the company .
customer support broker enquiries to fxdd are managed by a team of experts , with the market and technical knowledge required for uninterrupted trading . enquiries made in relation to trading accounts are responded to in a timely manner . account enquiries related to issues other than broker activities or help desk tech support features of the fxdd metatrader 4 forex trading software platform can be submitted to : support @ urltoken
as a further guarantee to clients’ funds , fxdd ltd . , is a member of the maltese investor compensation scheme – a rescue fund for customers of failed investment firms which are licensed by mfsa .
standard & micro accounts with fxdd global are commission - free , yet the spreads on these accounts start at 1 . 5 pips for the eur / usd pair , which is above the average in the industry .
september has been an expensive month for fxdd . as well as today’s order issued by the cftc , the national futures association ( nfa ) concluded its case against the firm just under two weeks ago , handing down a $ 1 . 8 million restitution order and $ 1 . 1 million fine as a result of failing to implement the correct supervision obligations by employing a trading system providing fxdd with pricing advantages which harmed retail customers .
it is very important to get access to trading data as data is the life and blood of the trading business . however there aren’t a lot of free forex data sources out there and the sources that are available for free rarely allow for the automatic downloading of trading data . today i am going to be showing you how you can use one of these sources – the 1m data from fxdd – to automatically download currency data for 15 currency pairs using python . i will also talk about some of the issues with the fxdd data , how they can be potentially addressed and what coding changes you would require to access the two different data repositories available from the fxdd website .
yeah , i ' ve heard much the same stuff about fxdd that was mentioned in the comment above , and i got burned by them to the tune of 250 dollars , which isn ' t a lot , but shows how quickly i realized it was all a scam . nor do i understand why the main review here starts with a warning label , then ends by saying there ' s not reason not to sign up with fxdd . say what ?
keep in mind that fxdd global allows one free - of - charge withdrawal per month . additional redemptions from any of the client’s account ( s ) during the same calendar month will result in a $ 30 charge per redemption .
1 ) previous m & a activities : both ironfx and fxdd have frequented m & a news and rumor mills over the past few years . ironfx was actually purported to be on teddy sagi’s target list of potential takeovers . meetings were held , but nothing ever transpired . fxdd , on the other hand , had a history of problems in the united states , which eventually led to its sale of its u . s . operations to fxcm in mid - 2014 .
under cftc regulations , rfeds and fcms that offer or engage in retail foreign exchange ( forex ) transactions must at all times maintain adjusted net capital ( anc ) of $ 20 million , or more in certain circumstances . in the prior order , the cftc found that fxdd failed to maintain its required anc during at least 18 separate months between november 2010 and december 2012 and ordered fxdd to , among other things , cease and desist from further violations of its anc requirements .
according to the cftc order , fxdd did not maintain its required adjusted net capital during at least 18 separate months between november 2010 and december 2012 , with month - end adjusted net capital computations showing that fxdd was undercapitalized by more than $ 7 . 5 million at one point . this contravenes a law implemented by the us authorities in october 2010 when the cftc adopted comprehensive rules to protect members of the public who buy fx contracts from , or sell fx contracts to fx firms .
today , fxdirectdealer ( fxdd ) finds itself on the receiving end of a $ 275 , 000 fiscal penalty issued by the us commodity futures trading commission ( cftc ) for transgressing the rules stipulated by the regulator on minimum capitaization required for fx firms .
the above review briefly states that fxdd has had
a spot of bad press ,
and there is a warning sticker stating that they are not verified . but all of this really wildly understates the issues with fxdd . first , they were fined 25 , 000 euro by the government of malta for illegal practices . they then were fined 2 million dollars by the nfa for the practice of illegal assymetric slippage ( basically , intentionally delaying processing a trade so that the client loses money ) . as if that wasn ' t enough , they were required to pay $ 1 . 8 million back to their clients for the illegal
slippage
issues . fxdd settled for this amount ( so , nearly 4 million dollars ) without either admitting or denying guilt . . . and as if all of that wasn ' t enough , while these lawsuits were going on , fxdd response was to threaten lawsuits against their customers , in the hopes of intimidating them , silencing , and keeping them from talking to the nfa ( which is the u . s . regulatory forex commission ) . basically , there is no end of bad things to say about fxdd , and you can read more about them elsewhere . just stay far , far away from them .
the letter lists five counts of nfa requirements being violated while fxdd operated as a futures commission merchant ( fcm ) and was registered as a forex dealer member ( fdm ) of the nfa , after an examination was launched by the regulator in august 2013 .
there is no minimum initial deposit set for micro accounts , so one may invest just $ 1 . this is an attractive offer , yet , if you wish to benefit from the ecn offering of fxdd global , you have to deposit at least $ 2000 .
fxdd global offers its clients a wide range of trading platforms : metatrader 4 , mtxtreme ( also mt4 based ) , powertrader ( currenex ) , jforex ( dukascopy bank ' s trading platform ) , mirror trader , as well as tradency’s automated trading solution robox .
the next stage will require regulatory approvals from cysec and regulatory officials in malta , the licensing body for fxdd . after cysec approval , nukkleus will acquire the remaining shares of ironfx global and inject $ 1 million of operating capital into the company . an option agreement to acquire fxdd and related entities will proceed after approvals are obtained . what is lacking at this time is how much cash will ultimately transfer to stockholders . at this stage in the process shares in nukkleus must suffice until it raises new capital in the nasdaq otc market .
the new company combines boston technologies – a leading provider of financial technology , one of the fastest growing companies in boston 1 , and a member of inc . magazine’s 5 , 000 fastest growing private companies in america four years running – with fxdd , a leading provider of end - to - end foreign exchange ( fx ) software solutions to financial institutions , brokerages and money managers around the world . the new company will operate under the brand name boston technologies powered by fxdd with an expanded and improved suite of products and technology solutions .
the gain capital and dukascopy datasets are a pain in the ass to retrieve and compile , i gave up on them once i found the disktrading / fxdd / forexite resources but i included them here for sake of completeness as you may find them to be of value .
the nfa began its examination in august 2013 . the first two counts in the regulator’s new letter alleged that fxdd failed to implement an adequate anti - money laundering ( aml ) program , and failed to offset transactions on certain customers accounts in a fair and acceptable method .
the top 10 competitors in fxdd ' s competitive set are markets . com , novicap , kraken , robinhood , babypips , trading online fx , dailyfx , funding options , marketinvoice and skipton business finance . together they have raised over 834 . 2m between their estimated 565 employees .
greg michalowski linkedin nukkleus has acquired 100 % of iron fx ' s australian operation , which was split off from iron fx global . chief currency and trading analyst for fxdd , a leading retail foreign exchange broker . author of attacking currency trends , a highly rated trading book for .
according to the letter , fxdd must file a written answer to the complaint within thirty days after being received . the firm is required to respond to each allegation in the complaint by admitting , denying or affirming that it lacks sufficient knowledge or information to admit to or deny the allegation .
fxdd global is a reputable award - winning fx and cfd brokerage with many years of experience . it offers competitive conditions for trading on numerous trading platforms that cover all skill levels and styles . to sum up the above , here are the advantages and drawbacks with regards to this broker :
5 . 10 services agreement . the buyer will cause the total monthly operational and other expenses of the buyer under the global service agreement entered with fxdirectdealer , llc , excluding those of the company , not to exceed the revenue generated under the general services agreement entered with fxdd trading limited .
1 . 3 services agreement . the buyer will cause the total monthly operational and other expenses of the buyer under the global service agreement entered with fxdirectdealer , llc , excluding those of the company , not to exceed the revenue generated under the general services agreement entered with fxdd trading limited .
1 . 1 financial statements . attached to this schedule 6 . 19 are ( i ) the audited consolidated statements of financial position of fxdd malta limited as at december 31 , 2015 and december 31 , 2014 , together with the statements of changes in equity as at december 31 , 2015 and december 31 , 2014 , ( ii ) statements of comprehensive income for the year ended december 31 , 2015 and the year ended december 31 , 2014 and ( iii ) statements of cash flows for the year ended december 31 , 2015 and the year ended december 31 , 2014 ( collectively , the “ fxdd financials ” ) .
fxdd malta limited , which is located in the centre of the mediterranean , is dedicated to providing superior customer service , powerful trading technology , and reliable streaming liquidity to forex traders worldwide . the company is an affiliate company of fx direct dealer in new york which is founded in 2002 and has a worldwide customer base .
fxdd trade since , then i been getting one excuse after another about deposit bonus and just excuse to depsoit my money and start trading with them . our library of forex and options trading guides cover all the basics . fxddnow , our blog , can help you keep on top of forex news in real time through trend .
the positive thing about the fxdd is that it offers a range of different methods for depositing , withdrawing and transferring funds in the simple and quick way . it is also important to mention that there are no fees for making a deposit and that you have the option to withdraw your funds at any particular time . you are only obliged to fill out the fxdd funds redemption form and send it by fax to the office in malta . it can seem like an inconvenience , but all the funding can be done through credit cards , bank wires , as well as e - wallet payment methods like skrill , neteller , and some other online payment programs .
the maximum leverage with fxdd is 1 : 200 , and 1 : 400 leverage is available based on meeting certain terms and conditions . 1 : 400 is considered a high leverage ratio , yet a number of brokers offer leverage of 1 : 500 or even higher . for example , fxpro also provides leverage up to 1 : 500 .
side thought , alpari clients using their jforex whitelabel ( so trading with and on dukascopy ' s swfx ) might be left hanging . they can ' t get the same jforex environment at fxcm , and the only other us broker i know of that offers jforex is fxdd , who themselves have been having a lot of regulatory issues lately .
washington , dc - the u . s . commodity futures trading commission ( cftc ) today issued an order filing and simultaneously settling charges against fxdirectdealer , llc ( fxdd ) , a cftc - registered retail foreign exchange dealer ( rfed ) and futures commission merchant ( fcm ) headquartered in new york , new york , for failing to meet the minimum financial requirements for rfeds and fcms , failing to supervise its employees , and failing to comply with a prior cftc administrative order dated september 30 , 2013 ( prior order ) ( see cftc press release 6725 - 13 ) . fxdd has been registered with the cftc as an fcm since december 10 , 2009 and as an rfed since september 2 , 2010 .
our transaction with boston technologies was highly complex , ” said emil assentato , chairman of fxdd . “ we could not have completed the deal without the strategic guidance and skilled execution from morgan partners . they quarterbacked the entire process . under their leadership , we met an aggressive timeline and achieved our business objectives . the morgan partners team is remarkable . ”
fxdd global offers several basic account types . all of them offer variable spreads and maximum leverage up to 1 : 400 . micro accounts are available for novice traders solely on the mt4 platform , offering micro tradeable lots and commission - free trading . ecn environment is also available with this broker on its ecn accounts , accessible with investment of at least $ 2000 .
the broker also offers advanced automated trading solutions . it supports mirror trader , the popular retail automatic signal based trading platform . besides , fxdd global was also the forex broker to adopt tradency’s automated trading solution robox in 2016 . robox is a smart trading machine with a simple , comfortable and user - friendly interface that does not require any prior knowledge of forex trading .
3 ) prior regulatory skirmishes : both management teams at ironfx and fxdd have had well publicized battles with regulators . ironfx has been cited for refusing to honor withdrawal requests and a host of other violations that have not been made public . cysec went so far as to fine the firm €335 , 000 , its largest fine to date , and asic ordered the firm to correct its disclosure documents . fxdd ran afoul of the national futures association ( nfa ) over slippage issues , resulting in $ 1 . 8 million in client restitution and $ 1 . 1 million in fines . the nfa had already hit the firm for $ 75 , 000 for aml process violations , while the cftc tagged them for another $ 275 , 000 for capital adequacy shortfalls .
fxdd global ` s ecn accounts , on the other hand , provide tight variable spreads , the typical ones amounting to around 0 . 3 pips . if we add the applicable commission of $ 6 per round - turn , the average trading costs of ecn account holders amount to around 0 . 9 pips for the eur / usd pair , which is a really competitive pricing .
staying true to the commitment to destroy the us retail foreign exchange market , the nfa is not skipping this last opportunity to slap a hefty fine on fxdd . according to the letter of complaint , the company is facing up to $ 1 , 250 , 000 in fines from the nfa , as according to the letter the maximum monetary fine for every allegation may not exceed $ 250 , 000 .
what is clear is that fxcm , fxsol , alpari , gain , fxdd , and forgive me if i am missing any will be
forced
to return the us accounts back , threatened by regulatory actions to their us affilitate , while the others with no us affiliation like gomarkets as you mentioned or saxo will be ok , or in the worst case scenario outlaws in the us . . . .
fxdd say on their site they want to help traders make better trading decisions , and after taking a look at the educational material , we weren’t disappointed . there is plenty of reading material targeting all different levels . also available are a number of instructional videos covering everything from the basics to in - depth technical analysis . and there is a library of trading guides covering the basics of forex and options trading .
the above script takes care of all the above by automatically downloading the fxdd 1m data using python . the program downloads data for 15 different symbols and unzips , processes the hst binary files into pandas dataframes and finally saves the data into a human readable csv format that you can use for data auditing or further modifications before using the data for back - testing or other analysis . you can simply delete the downloaded files and rerun the script to reprocess the data and automatically update your data repository from fxdd every week . the data is usually updated by them on time after market close each friday . you’ll notice that the data is downloaded from the metatrader repository although they have another repository called metatrader xtreme that contains less data but more symbols . to use this you should modify the above script by changing the symbol names ( turn eurusd into eurusdx ) and change the download url to add an x urltoken
the nfa does not allow for members to withdraw until a final review of the company and principals has taken place . this inevitably leads to bcc charges and fines imposed . so even though fxdd has sold it’s client assets , closed it’s doors and ceased operations , it is still a member of the nfa until the nfa allows for the membership withdrawal to proceed . i assume that even if a company ceased operations and filed to disband the company with their state registry , the individual principals would still be liable to the nfa for any fines .
this broker company offers several customer service options . there is a great support team which is very efficient and always ready to respond to your question . support options include live chat and a call back option , as well as e - mail address and phone number . you can contact an fxdd representative by phone 24 - hours a day from sunday 5 pm to friday 4 pm est , and the support team will also reply to your e - mail as quick as possible . the company cares about their clients which many customer reviews confirm .
in addition , fxdd global supports jforex – a platform , designed for traders seeking manual or automated trading and / or developing and testing trading strategies based on the java programming language . some of the tools and features of the platform include 250 indicators and chart studies , calendar of economic events and news , automated trading with historical tester , advanced charting ( including renko , range bars , point & figure and line break charts ) . in addition , a built - in cross - platform interface for the execution of custom strategies and programming code are provided .
fxdd operates through its website urltoken and provides interbank foreign exchange pricing to clients around the world . through its website , individual investors , institutional traders , hedge funds , commercial entities , brokerage firms and money managers have access to trading facilities in forex and precious metals ( gold and silver ) , on a 24 - hour a day and 5 plus day a week basis . in addition , clients have access to competitive spreads ( 2 - 3 - wide on most majors ) , transparent real - time bid / offer pricing and different leverage and trading functions .
8 ) technology shortfalls : processing companies , especially those that are having a tough time financially , can easily fall behind in needed software and hardware system upgrades . the fact that ironfx needs a $ 1 million operating capital infusion is indicative of this potential problem . technology companies make good acquisition targets , as long as there is one highly efficient it platform upon which newly acquired customer accounts can be consolidated . there cannot be two platforms . either the ironfx or fxdd platform must be the survivor , the first difficult decision that must transpire in order for the deal to work in the long run ;
merger headlines are abuzz that ironfx and fxdirectdealer ( fxdd ) are to be combined via a fairly complicated reverse takeover transaction . neither of these entities currently has operations in the united states , but the global footprints of each company will , by their very nature , require a host of regulatory approvals from a number of disparate jurisdictions . at this stage , there have not been a lot of details , but there have been a few limited interviews and legal filings with the nasdaq exchange , ostensibly in preparation for an initial capital raise . each day brings more answers , followed by twice as many questions that require further review .
fxdd offer three different accounts , and the choice will depend on the number of people trading . there is an individual account , which obviously is only for one person . there is also a joint account for two or more traders who want to trade together . joint accounts must be supported by a customer agreement form signed by the individuals who are party to the account . and there is a corporate account that is opened under a company name . we should also mention the demo account , which gives new traders the chance to try the popular mt4 trading platform , as well as trying out new strategies in a risk free environment .
neither ironfx , nor fxdd have the capital or the wherewithal to acquire each other . the need for a third party in the equation is where nukkleus and the rto mechanism become the enablers of the recombination . there have already been preparatory moves in anticipation of next steps – the funding of nukkleus with $ 1 million , a transfer deposit of $ 175 , 000 to gvs holdings to acquire ironfx australia and fxgiants ( previously spun off from ironfx global ) , and additional cash of an undeclared amount to acquire a 9 . 9 % interest in ironfx global . the australian securities and investments commission ( asic ) must approve this part of the deal .
deposits & withdrawals fxdd trading accounts are secured with a deposit . transactions made on the metatrader 4 forex can be conducted via credit card up to usd $ 10 , 000 . alternate payment forms include : clickandbuy up to usd $ 25 , 000 , bank wire unlimited amounts , and skrill up to usd $ 10 , 000 . deposit and withdrawal transactions typically take up to 2 days for processing . redeemed funds are disbursed in the same form as that of purchase . the company does not accept third party deposits . subscribers are able to withdraw funds at any time without penalty . deposits may be made to joint accounts . redemptions are processed back to the joint account .
the broker fxdd is one of the few that makes their 1m data publicly available for download outside of their mt4 platform ( which is very convenient as data updating , exporting and importing in mt4 is super slow ) . the data can be downloaded manually from this page where you can download zip files that in turn contain hst files that you can load into your mt4 platform . however if you want to perform some different analysis or if you want to carry out some data processing before hand this format is really not that useful . it is also fairly inconvenient to have to manually download tons of files from a website and then have to manually unzip and load each one .
2 ) signs of financial difficulty : ironfx has been in the news several times regarding staff cutbacks , due to problems with hyper growth , a failing business model , and far too much emphasis on marketing and promotional bonuses . global offices have been curtailed , with staff counts , as some have estimated , falling from 800 to 500 over the past two years . leaked internal documents note that ironfx has downsized four times since february of 2015 . fxdd , however , has been in the news over heavy fines and customer disputes over slippage . if you add up everything , there has been a hit of nearly $ 5 million on the bottom line . whether all of these issues have been resolved is open for conjecture ;
customer support is available 24 hours a day from sunday 5pm to friday 4pm . and there are a couple of numbers to ring . they are kind enough to mention that some calls could be routed through their new york offices , so it doesn’t come as a surprise when you speak with someone who has an american accent . there are two email addresses , one for sales and one for support . and they have also been kind enough to give a postal address should you feel the need to put pen to paper . all in all , we were very impressed with fxdd , and found their website very informative and easy to navigate . there were no nasty surprises when it came to trading , and we couldn’t find any reason not to sign up for a real money account .
before you choose to trade with fxdd , it’s important to understand their pricing structure . there are two pricing models , standard and ecn pricing . standard pricing – spreads can be as low as 1 . 5 for eur / usd , 2 . 5 for gbp ? usd , and 2 for usd / jpy or aud / usd . 0 slippage is guaranteed , and there are no commissions . spreads do vary across other currency pairs , but they are all clearly laid out in fxdds website . ecn pricing – spreads can be as low as 0 . 1 for eur / usd , 0 . 5 for gbp / usd , 0 . 2 for usd ? jpy , or 0 . 7 for aud / usd . there are no markups and commissions are small at $ 2 . 99 per standard lot , per side .