LONDON, August 21, 2013 /PRNewswire/ --
Financial Spread betting and CFD provider ETX Capital have recently launched operations in Italy and, Romania. This European expansion follows another successful year for ETX Capital in international territories after seeing substantial growth in southern Europe.
ETX Capital started its international expansion with the launch of its CFD platform in Germany in late 2010, shortly followed by South Africa in early 2011. After seeing a promising market for growth abroad, ETX Capital launched websites targeted at France, Greece, Spain and Denmark.
ETX Capital's CEO Andrew Edwards comments that "International growth has been a key driver in our strategy since late 2010. We've seen strong growth in our international operations over the last 18 months which has encouraged us to continue focusing our efforts in new markets. We launched in France Q4 2012 and we've been very impressed with the return we're seeing for our efforts. The launch of Italy and Romania expands our European reach even further and we're excited to see these territories develop."
ETX Capital now has a full suite of trading products and supporting services for each of these new territories.
Technological innovation, transparency and providing excellent customer service are at the core of ETX Capital's strategy. ETX Capital launched its iPad application early 2013. Prior to that, ETX Capital released the enhanced Advanced Platform in Q4 2012, multiple watchlists, guaranteed stops and its award winning Trade-through Charts in Q1 2012. Additional mobile apps including Android are planned for release this quarter. In addition to its technological advancements, ETX Capital provides local language personal account managers in Danish, French, German, Greek, Italian, Spanish and Romanian.
To continue to offer clients fair and competitive pricing and transparency, ETX Capital recently lowered its margin rates on a number of popular markets in every territory. Clients can now trade FX Majors at 0.5% and popular Indices including the UK 100 at 0.75%, with major Index Shares at 5%. Earlier in the year ETX Capital also lowered its spreads across all territories on FX Majors, popular international indices and commodities. Clients can now trade these markets with a fixed spread ensuring clients are continually receiving fair pricing.
Notes to editors:
ETX Capital, a UK regulated Pan-European financial services firm, providing institutional, high net worth and retail customers with multi-asset and multi-market derivative dealing capability through CFDs and financial spread betting products. The firm uses cutting edge technology and delivers unrivalled levels of customer support from knowledgeable staff and with the utmost client confidentiality. "ETX Capital" is a trading name of Monecor (London) Limited, incorporated in 1965. Monecor (London) Limited is authorised and regulated by the Financial Conduct Authority (FCA) with Financial Services Register Number 124721 and is a member firm of the London Stock Exchange.
Financial Spread Betting and CFD trading can result in losses exceeding deposits.
SOURCE ETX Capital