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).
Video ETX Capital
History
The company was originally incorporated in 1965 as Monecor Ltd, and became a member of the London Stock Exchange. In 2002 Monecor (London) Limited launched a retail derivatives arm called TradIndex. In 2007, the group was acquired by a joint venture between the UK-based JRJ Group and the Netherlands-based BXR Group, whereupon TradIndex was relaunched with a new name - ETX Capital. ETX is an acronym for the services the company offers; Electronic Trading, Telephone Trading and Execution Services. Through those mediums the firm offers clients the ability to trade Forex, Indices, Equities and Commodities.
Between 2010 and 2015 ETX Capital expanded to a number of different international markets;
2010 - ETX Capital launches ETX Deutschland, a German language version of the website and trading platforms.
2011 - The firm extends its operations to France, South Africa and Portugal.
2012 - ETX launched a MetaTrader 4 trading platform (ETX MT4). ETX expands into Greece, Spain and Italy. The company's long-standing TraderPro platform is adapted to make it fully customizable.
2013 - ETX Denmark, ETX Romania and ETX China come online. The company launches its affiliates program.
2014 - Two new platforms are launched in March - ETX Trader and a binary option service ETX Binary. Russian, Arabic, Turkish, Polish, Czech, Slovenian and Hungarian versions of the website become available. ETX acquires Dublin-based Shelbourne markets, making the new ETX Ireland the largest Spread Betting/CFD provider in the country. ETX also takes its platform technology in-house by purchasing its technology partner, Ariel.
2015 - ETX beats over 40 other companies and acquires the customer base of Alpari UK following the collapse of the retail forex broker in January 2015
Maps ETX Capital
Operations
Dealing platforms
ETX Capital offers 3 main trading platforms -Trader Pro, MT4 and Binary
Regulation
ETX Capital is the trading name of Monecor (London) Limited and the company is authorised and regulated in the UK by the Financial Services Authority; registration number 124721.FCA Register
References
Source of article : Wikipedia