ETX Binary Review - demo, fees, strategy and more!
ETX Capital is a regulated company which changed its name from Monecor Ltd in 2008 and has been on the market since 1965. It offers binary option trade as well as forex and other trade types. It also comes with a nice mobile platform. ETX Binary is a branch of ETX Capital which deals with binary options trade. It went over some changes at the beginning of 2016 and, it seems, for the better.
ETX Binary platform
This broker used to use spotoption platform until 2016 but now it uses a new platform. This platform is very simple and innovative. ETX Binary offers also One Touch options and Spread options which have profits of 100%. After highlow, ETX Binary is the second broker to toke this step. We utilized the option to use their Facebook page for support and we always received an answer within an hour.
In addition to new looks, faster evaluation of options and eye-catching UI new platform also offers the ability to trade spread options. Australian broker highlow used to be the only broker to offer this type of options. Now, ETX is the second broker on the market with this feature in their portfolio. What are spread options?
ETX Binary – spread binary options
In addition to usual high-low options, ETX Binary broker offers also Spread options. This type of binary options is characterized by having 100% profit instead of usual 70 or 85%. The profit in not dependent on selected expiration date.
The only disadvantage of this type of options are that price has to reach over a boundary of few (usually around 6 or 10) pips in the option direction (call or put) in order to be profitable for us.
ETX Binary no-deposit bonus
ETX Capital now offers $20 no-deposit bonus for all verified accounts. This may not seem like a large sum of money, but it allows us to evaluate the platform without risking any of our assets. Each deposit comes with a bonus of $100 or 25% of deposit.
Minimum deposit is only $100, same as in topoption. According to our experiences, withdrawals are fast and your earnings should be in your bank or Skrill account in just a few days.
ETX Binary demo account
ETX Binary offers demo account for free and without deposit requirement. Create new demo account. More information is available at the bottom of the following address: ETX Demo Account.
ETX Binary experience
ETX Capital is a great broker. We do recommend the ability to trade Spread options and one touch options. However, we prefer Stockpair broker for our trade activities.
ETX Binary Pros
ETX Binary Cons
ETX Binary Details
|Support Number||0800 040 422|
|Support Types||Email, Telephone, Fax|
|Languages||English, Danish, German, Polish, etc..|
|Minimum 1st Deposit||$100|
|Minimum Trade Amount||$10|
|Maximum Trade Amount||$2000|
|Bonus||100% profit spread options|
|Payout||Up to 100 %*|
|Free Demo Account|
|Deposit Methods||Credit card, MoneyBookers, Wire Transfer, Skrill|
|Withdrawal Methods||Credit card, MoneyBookers, Wire Transfer, Skrill|
|Trading Methods||Spread Options, High Low Options, One Touch options, Long term trading, 60 seconds trading|
|Number of Assets||80|
|Types of Assets||Commodities, indexes, forex|
|Account Currency||USD, EUR, GBP|
|US Traders Allowed|