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WorldWideMarkets vs ETX Capital 2019

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Is ETX Capital better than WorldWideMarkets? After scoring forex brokers on nearly 100 different variables, ETX Capital is better than WorldWideMarkets. Despite a long tenured history in the forex markets and mostly competitive rates, ETX Capital struggles to keep up with industry leaders when it comes to trading tools and research.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature WorldWideMarkets ETX Capital
Overall 2.5 3.5
WorldWideMarkets Review ETX Capital Review
74-89% of retail CFD accounts lose money 78% of retail CFD accounts lose money

Regulation

Feature WorldWideMarkets ETX Capital
Trust Score 47 79
Year Founded
2011 1965
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
0 1
Tier-2 Licenses
0 0
Tier-3 Licenses
1 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature WorldWideMarkets ETX Capital
ASIC Authorised (Australia)
No No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
No Yes
CFTC Registered (USA)
No No

Tier-2 Licenses

Feature WorldWideMarkets ETX Capital
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
No No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
No No
CBR Authorised (Russia)
No No
FSB Authorised (South Africa)
No No
SEC Authorised (Thailand)
No No
DFSA / Central Bank Authorised (UAE)
No No

Tier-3 Licenses

Feature WorldWideMarkets ETX Capital
FSC Authorised (British Virgin Islands)
Yes No
FSC Authorised (Mauritius)
No No
Offshore Authorised
No No

Investments

Feature WorldWideMarkets ETX Capital
Forex: Spot Trading
Yes Yes
Currency Pairs (Total Forex pairs)
20 59
CFDs - Total Offered
15 6000
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 2.5 3
Winner check_circle

Cost

Feature WorldWideMarkets ETX Capital
Average Spread EUR/USD - Standard
3 0.95 (as of May 18)
All-in Cost EUR/USD - Active
N/A 0.81 (as of May 18)
Active Trader or VIP Discounts
No No
Commissions & Fees 3 4
Winner check_circle

Funding

Feature WorldWideMarkets ETX Capital
Minimum Initial Deposit
$20.00 $£100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature WorldWideMarkets ETX Capital
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes No
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
No No
cTrader
No No

Trading Tools

Feature WorldWideMarkets ETX Capital
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
No Yes
Watchlists - Total Fields
n/a 7
Charting - Indicators / Studies (Total)
78 51
Charting - Drawing Tools (Total)
37 31
Charting - Trade From Chart
No Yes
Charting - Drawings Autosave
No Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 2.5 3.5
Winner check_circle

Mobile Trading

Feature WorldWideMarkets ETX Capital
Android App
No Yes
Apple iOS App
No Yes
Trading - Forex
No Yes
Trading - CFDs
No Yes
Alerts - Basic Fields
No Yes
Watch List
No Yes
Watch List Syncing
No Yes
Charting - Indicators / Studies
30 30
Charting - Draw Trend Lines
No Yes
Charting - Trend Lines Moveable
No Yes
Charting - Multiple Time Frames
No Yes
Charting - Drawings Autosave
No Yes
Forex Calendar
No No
Mobile Trading 3 4
Winner check_circle

Research

Feature WorldWideMarkets ETX Capital
Daily Market Commentary
Yes No
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
No Yes
AutoChartist
No No
Trading Central (Recognia)
No No
Delkos Research
No No
Social Trading / Copy-Trading
Yes Yes
Social Sentiment - Currency Pairs
No No
Economic Calendar
Yes Yes
Research 2 3
Winner check_circle

Education

Feature WorldWideMarkets ETX Capital
Has Education - Forex
Yes No
Has Education - CFDs
No No
Client Webinars
No Yes
Client Webinars (Archived)
No Yes
Videos - Beginner Trading Videos
Yes No
Videos - Advanced Trading Videos
No No
Investor Dictionary (Glossary)
Yes No
Tutorials/Guide (PDF or Interactive)
Yes No
Education 2 2.5
Winner check_circle

Major Forex Pairs

Feature WorldWideMarkets ETX Capital
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes No
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes
USDCNH (or CNHUSD)
No Yes
USDSGD (or SGDUSD)
No Yes

Overall

Feature WorldWideMarkets ETX Capital
WorldWideMarkets Review ETX Capital Review
Overall 2.5 3.5
Winner check_circle
To find the top fx brokers, the team here at ForexBrokers.com collected over 2,200 data points during a several month review of the forex industry. In this fx broker comparison, we will compare ETX Capital vs WorldWideMarkets.

To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. ETX Capital is a better option with a 4.00 star rating over WorldWideMarkets's 3.00 star rating.

Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. ETX Capital and WorldWideMarkets both are regulated in a major hub. Neither are publicly traded companies. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. WorldWideMarkets trails ETX Capital by 39 total currency pairs (for example, EUR/USD), with ETX Capital offering 59 and WorldWideMarkets offering 20.

To round out our comparison of ETX Capital vs WorldWideMarkets, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. ETX Capital alongside WorldWideMarkets offer Meta Trader. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. ETX Capital trails WorldWideMarkets by 6 total charting tools, with WorldWideMarkets offering 37 and ETX Capital offering 31. WorldWideMarkets boasts an offering of 78 different indicators (for example, moving averages) compared to ETX Capital 's 51 available indicators.

ETX Capital Review
WorldWideMarkets Review


Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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