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Philip P
Probably like most I've scoured the net looking for learning options. Overall I've found ETX extremely helpful in relation to me learning retail trading. The free education webinars I have been revisiting for 2 years now, and find them second to none, and I have seen the trendflow strategy's advertised more recently for as much as £8000 or so by another company advertising. They teach the core skills required for trading which are required even if you utilise purchased strategies. The tuition is comprehensive and goes from basic to advanced formulations on chart movement. They don't hand hold through initial trading which has been stated by them, but do offer ongoing mentoring through trade submissions. I have developed what I think is an advanced view of chart movement/price action through the ETX webinars primarily - with some perspectives and tools used form scouring the net, but predominantly chart geometry, price action analysis and assessment of momentum has come from chart watching and reviewing of the webinars supplied through ETX. My only flaw at the moment seems to be committing to pressing the button to trade the setups I have learned to recognise more frequently. The ongoing webinars and mentoring is important, as any knowledge requires time and reflection to become more unconscious to allow chart reading to become more fluid. ETX have even given me a £500 incentive to trade which has helped in committing to live trading, not without a tie-in of course, but if it was just given there wouldn't be any incentive... I rate ETX as very good as the education and incentives help the average Joe like myself to gain access to an industry otherwise inaccessible to many. I work as a nurse in psychiatry, and part time electrician also, but am now committing to trading more seriously in place of electrical work, which I put very much down to the support given through ETX. It's not an easy profession to master, but for me without ETX I think the cost of professional knowledge would make trading technically too inaccessible to learn at the level offered by ETX when you have family commitments and limited funding. The platforms are very good. - In relation to improvement the web traderpro platform could likely do with a volumes indicator similar to the one in MT4. On the data tips it would be helpful to have the candle size also stipulated instead of having to work it out, and perhaps also include a candle size inclusive of spread to allow for quick pip size calculations. With trade intervention on slippage, on occasion it doesn't seem to have been done to trader advantage, so if in higher profit and closed the extra profit should be taken, or as with experienced by myself, if a trade slips past the stop and back into the trade without stopping out, then there is no need for a trader to close it at the stop price... so closing to trader advantage is something I am skeptical about with ETX, however that was well over a year ago. Overall a good experience, and well worth utilising whether a novice with no experience or professional trader. The more recent email of economic events each week is a good improvement to customer service also.
10 years ago
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ETX Capital UK has a 3.9 average rating from 916 reviews

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