ETX Capital Review 2026
Full ETX Capital review for United Kingdom traders — regulation, spreads, fees and our honest verdict.
Regulation in United Kingdom
| Regulator | FCA FCA — Financial Conduct Authority (FCA) |
| Licence Number | 124721 |
| Regulated Entity | Monecor (London) Ltd t/a ETX Capital |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 0.6 pips |
| Instruments | 5,000+ |
| Platforms | TraderPro, MT4, MT5 |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: GBP25/month after 12 months |
Verdict
Regulated by FCA (licence 124721). Minimum deposit $100. In United Kingdom: maximum forex leverage 1:30.
About ETX Capital
ETX Capital was founded in 1965 and is headquartered in London, UK. The broker offers 5,000 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by Monecor (London) Ltd t/a ETX Capital under FCA.
In United Kingdom, ETX Capital operates as Monecor (London) Ltd t/a ETX Capital, authorised by FCA under licence number 124721. United Kingdom traders are subject to a maximum leverage of 1:30 on forex pairs under FCA rules.
Trading Platforms
Pros
- FCA regulated — licence 124721
- 5,000+ instruments to trade
- Negative balance protection in United Kingdom
- Platforms: TraderPro, MT4, MT5
Cons
- Inactivity fee: GBP25/month after 12 months
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Frequently Asked Questions
Is ETX Capital regulated?
ETX Capital holds FCA licence 124721, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official FCA public register.
What is the minimum deposit for ETX Capital in United Kingdom?
The minimum deposit is $100. This is the amount required to open a live trading account for traders in United Kingdom under FCA regulation.
What leverage does ETX Capital offer in United Kingdom?
In United Kingdom, ETX Capital offers maximum forex leverage of 1:30 under FCA rules. Higher leverage may be available through offshore-regulated entities.
Is ETX Capital safe to trade with?
ETX Capital is regulated by FCA, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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