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ETXbinary Broker Review

ETXbinary Broker Review
Ryan Collins
ETXbinary is a binary broker owned by ETXCapital, a company that provides different services in online trading. In ETXbinary review, the focus is on binary options trading broker that provides great user experience and a handy trading platform. Read more about this broker in a review that follows.
ETXbinary is a binary broker owned by ETXCapital, a company that provides different services in online trading. In ETXbinary review, the focus is on binary options trading broker that provides great user experience and a handy trading platform. Read more about this broker in a review that follows.
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  1. ETXbinary Broker review

    ETXbinary is a binary broker owned by ETXCapital, a company that provides different services in online trading. In ETXbinary review, the focus is on binary options trading broker that provides great user experience and a handy trading platform. Read more about this broker in a review that follows.

  2. ETXbinary Special features

    ETXbinary has two account types ready for traders, depending on their wishes. The first account is demo account and the other real trading account.

    Demo account is completely free of charge, and traders only have to fill a simple registration form that is available on the website. After the registration is successfully done, the trader is immediately redirected to the demo trading platform. Demo platform is equipped with various tools and features that make trading fun and easy. Every account has a balance of virtual 10,000 EUR.

    The regular account requires $100 initial deposit. There isn’t much info about the account on the website, but there are still many promotions available that can help traders increase their liquidity. For example, at the moment, all new traders can enjoy welcome bonus in the amount of $20. There are some additional requirements attached to this promotion, so make sure to read them well before accepting the bonus. Bonuses available with this broker are:

    • $100 for a deposit between $100 – 999.99
    • 25% bonus for a deposit between $1,000 – 14,999.99
    • $3,750.00 for a deposit above $15,000

    Different promotions have different T&C, so read them every time there is a bonus involved.

    In general terms and conditions there is no mentioning of bonus, so in this case, traders must always be familiar with the latest bonus terms and conditions.

  3. Your capital might be at risk

    ETXbinary Trading Software

    ETXbinary is using TraderPro platform that is known as a user-friendly interface that is well designed and technically advanced. Traders who decide to deposit with this broker can expect useful tools and features that are easy to use and charts that are easy to follow. There is also a mobile version of the platform that makes trading easier than ever – all traders have to do is have their Android smartphones and tablets ready.

    In ETXbinary review was noted how trading on this platform is very easy. In the center, traders will find a small table that is meant for placing trades (high/low, short options, one touch), expiry times setting, and quick analysis via a chart. Traders can see closed and open positions simply by clicking on them. ETXbinary makes trading with currencies, stocks, indices and commodities possible.

    The website may seem a bit confusing, as this company provides different financial trading services on the same website, but one most only find the one he is interested in, and then everything is easy. The list of financial trading types can be found on the top of the page.

  4. ETXbinary Support information

    The ETXbinary review showed how this broker only has website in English. We believe that some additional languages would be a great idea, but as English has become the most popular language in the world, for now this is enough.

    ETXbinary has different emails and phone numbers for customers, depending whether they are new or existing users. This way the waiting for answer is much shorter, and operators are specialized in different inquiries.

    The broker also provides interesting educational information on basics of binary options trading, but some additional educational resources would be great. FAQ section is very detailed and useful.

  5. ETXbinary Banking and company information

    ETXbinary is owned by Monecor (London) Ltd, and regulated by FCA, the regulatory body in the UK. Regulated status is always welcomed as it is a proof that broker must follow some legal framework in order to do business.

    In ETXbinary was found out how this broker provides a variety of payment methods. They provide transfers via bank wire, online bank wire transfer, major credit cards, UnionPay, Skrill, Netteler, Sofort, GiroPay. All traders have the right up to 5 fee free withdrawals that are over $100. In the case of smaller amounts, some additional fees apply. Make sure to check out the Payment section well, as some methods don’t support all currency or have longer withdrawal periods than others.

    It is important to note that in the same sections traders can find fees that are paid for inactive accounts. Luckily, the ETXbinary won’t be charging the fee once the account reaches zero, but will charge it to another account created from the same IP address in case the trader tries to avoid this rule by simply creating a new account.

  6. Your capital might be at risk

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