Some observations on ETX. Before I start I have to say I have no affiliation to any SB broker, I've only ever had demo accounts with Capital Spreads and GFT, neither of which have been very illuminating as they don't seem to relate to realtime trading Forex spot pairs, which is what I'm interested in.
Following the start of this thread I sent a pm to Rob asking some questions - like how do I get a look at their advanced charting, which is only available for funded Silver accounts. Rob's been really helpful, and since then I've opened my Silver account, which is now funded courtesy of Rob
Last night I attended a seminar in London hosted by ETX. This was really interesting, answered a lot of questions myself as a relative noob to spread betting needed to know. The seminar was free of charge, which was an added bonus. At the seminar I got to meet Rob Woolfe, who had come to ETX from IG Index to head up their FX, Nick McDonald of Precision Trader, and Rakesh Rakhra, who gave an intoductory talk covering an introduction to Forex and financial trading, managing the risks professionally, and leading v lagging technical indicators.
So the whole thing was free, although it actually cost me £8.00 return coach from Oxford to London Victoria, and £5.70 for a one-day tube zones 1 & 2 pass. For that I got £100.00 paid into my Silver account with no strings attached, a Seminar which gave me a great insight to the basics of FX trading, great food and wine at the seminar, a free book "The Beginners Guide To Financial Spread betting" by Michelle Baltazar, and a free bottle of Champagne for attending the seminar.
This morning I placed my first trade using my £100.00, a buy on Eur/GBP. I closed out at £4.00 profit, so I now have £104.00 in my account! The execution was really quick, the trade was closed immediately, so quickly it was just a fraction of a second. And I love the trading platform, very intuitive and easy to get to grips with.
If anyone gets the chance to attend one of these seminars I'd thoroughly recommend them. And the £100 funding, which I believe is still available, is a great way for us noobs to test the spreadbetting water in realtime.
I'm a very satisfied customer