ETX Capital Lower Their Spreads on a Number of FX Pairs

LONDON, January 17, 2013 /PRNewswire/ --

Financial spread betting firm ETX Capital today announces that it has reduced a number of spreads on their most popular traded instruments

ETX Capital has been listening to industry feedback derived from Investment Trends research in 2012 which cites them as commonly perceived to offer higher than average spreads. Listening to client feedback has always propelled ETX Capital's innovation and development. Therefore over 30 FX spreads have been reduced including the Majors:

    EURUSD: 1.5

    EURGBP: 1.5

    AUDUSD: 1.5

GBPUSD: 2

These spreads are now available and most importantly are fixed which provides clients with peace of mind that they are consistently receiving fair and competitive pricing and total transparency.

During market hours 1 point spreads are available on other instruments including:

    Wall Street

    UK100

    Germany30

This improvement to pricing comes off the back of a number of recent innovations. The advanced trading platform was launched in September 2012 providing clients with a fully customisable trading interface and the launch of Trade-through Charts which won ETX Capital the award for Best Online Charts at the Money AM Awards 2012.

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Notes to editors

ETX Capital, a 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 FSA and is a member firm of the London Stock Exchange.

Financial Spread Betting and CFD trading can result in losses exceeding deposits.

For further information contact:

Joe Rundle, Head of Trading ETX Capital, +44-(0)20-7392-1477, joe.rundle@etxcapital.com

Andrew Edwards, CEO ETX Capital, +44-(0)20-7392 1493, andrew.edwards@etxcapital.com    

Victoria Allen, Marketing ETX Capital, +44-(0)20-7392-1490, victoria.allen@etxcapital.com