ETX Capital Trading Signals - TU Expert review

Updated: February 14, 2025

Mikhail Vnuchkov

Contributor

Reviewed by

Olga Shendetskaya

Editor

Full ETX Capital
overview

ETX Capital Trading Signals

We have compiled a comparison of all types of Forex signals offered by ETX Capital alongside its top two competitors, based on the Traders Union rating. The analysis includes features such as Copy Trading, Trading Central, automated alerts, and other tools like Autochartist and TradingView integration. This comparison showcases the range, accuracy, and accessibility of signals available, helping traders identify the best provider for their needs.

ETX Capital Trading Signals Review

	ETX Capital	Eightcap	XM Group
Copy trading	No	No	Yes
Trading Central	No	No	Yes
Signals (alerts)	No	No	Yes
TradingView	No	Yes	No
Autochartist	No	No	No
Trading bots (EAs)	No	Yes	Yes
Expert Analytics	Yes	Yes	Yes
Open an account		Open an account	Open an account

What are trading signals?

Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.

A broker can provide signals in several ways:

Copy Trading Signals
Copy trading signals allow traders to automatically replicate the trades of successful investors. By following experienced traders, beginners can gain exposure to professional strategies, while advanced traders can diversify their portfolios.
Trading Central Signals
Generated by the Trading Central platform, these signals provide technical analysis and actionable insights based on market trends, patterns, and key levels. They cater to traders seeking a professional edge in decision-making.
Signals (Alerts)
Forex Alerts are direct notifications sent to traders about potential trading opportunities. These signals can be based on technical indicators, fundamental analysis, or market movements, helping traders act quickly on profitable setups.
TradingView Signals
These signals are derived from indicators and tools available on the TradingView platform. Brokers integrated with TradingView offer users access to custom alerts and community-driven insights, making it ideal for chart enthusiasts.
Autochartist Signals
Autochartist generates automated signals by identifying chart patterns, Fibonacci levels, and key price movements. It’s a valuable tool for traders looking for technical setups without manual charting.
Trading Bots (Expert Advisors)
Trading bots or EAs are automated systems that execute trades based on pre-programmed strategies. They allow traders to capitalize on opportunities without continuous monitoring of the markets.

When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.

Short introduction of ETX Capital

The decline of ETX Capital (now OvalX) can be attributed to several serious problems.
Firstly, users reported numerous issues with withdrawing funds. ETX Capital began delaying or outright rejecting withdrawal requests without providing explanations. Traders were often caught in bureaucratic hurdles, with the company demanding excessive documentation or citing regulatory compliance issues.
Former clients also raised concerns about hidden fees and charges, such as inflated spreads, high overnight fees, and significant slippage during volatile trading periods, none of which were adequately disclosed.
Some traders accused ETX Capital of manipulating trading conditions to its advantage, including artificially influencing price feeds, causing trades to be executed at less favorable prices.
Furthermore, despite being registered in the UK, the broker is not regulated by the Financial Conduct Authority (FCA).
The combination of these problems led to ETX Capital's downfall. In the late 2010s and early 2020s, these issues severely damaged the company's reputation.
As a result, ETX Capital (OvalX) is now blacklisted by the crypto community.

💰 Account currency:	USD, EUR, GBP
🚀 Minimum deposit:	From £250 or equivalent
⚖️ Leverage:	Up to 1:400
💱 Spread:	From 0.6 pips
🔧 Instruments:	Currencies, indices, stocks, energies, commodities, metals, cryptocurrencies
💹 Margin Call / Stop Out:	100% - 20%

ETX Capital Pros and Cons

👍 Advantages of trading with ETX Capital:

•control of the broker's activities by the FCA;

•typically a narrow spread for popular currency pairs;

•quality training from London’s financial experts.

👎 Disadvantages of ETX Capital:

•high minimum deposit;

•small selection of payment systems and withdrawal commission under certain conditions;

•a complex and lengthy procedure for opening an account, consisting of four stages;

•there are no PAMM accounts or investment programs for generating passive income.

Conclusion

Based on the results of the analysis, Traders Union analysts have concluded that ETX Capital does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.

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FAQs

How do I test the signals if I can’t do it on a demo account?

In this case, it is best to test them using the minimum deposit. You will need to check the minimum deposit level of the broker.

In which form can signals be provided?

Signals can be provided as copy trading, newsletters, alerts, blog articles, etc.

Can I lose money by trading signals?

Keep in mind that there are no ideal trading signals and trading signals may lead to a loss of funds. There are always risks.