ETX Forex Trading Review Modest Money2 Comments

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ETX Capital is the trading service brand of Monecor LTD. Since ETX Capital’s formation, the brand has extended Monecor’s tradition of excellent customer service and ethical practices (regulated by the FCA) into a variety of financial markets. With their Forex trading branch, the user will be trading on the behavior of international currencies. We’ll take a closer look at what has separated ETX Forex Trading from the the pack in our review below.

Initial Impressions

Many readers will be familiar with currency spread betting already, but I’ll give a quick review. Currencies change their innate value all the time, according to forces instituted by governments and due to the behaviors of markets and consumers around the world. You can bet on the way one currency will perform, relative to another on this and other platforms. If the currency performs as you predicted, in excess of a certain point (called a spread), then you win yields based on how much the currency grew or declined, in the direction you anticipated. Because currency behavior is based on real world events, it is possible to guess, with some degree of accuracy, what these currencies are going to do. You can also make…

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