Reviewed Broker: OvalX (previously known as ETX

Operated by the parent company Monecor (London) Ltd., the entity that handles EU accounts, is regulated by the Cyprus Securities and Exchange Commission (CySEC).

Established in 2022

Regulation: UK by the Financial Conduct Authority (FCA) and in Europe by the Cyprus Securities and Exchange Commission (CySEC)

US clients are not accepted

Dealing Desk: yes

Trading Conditions

Currency pairs: Trade on 60+ forex pairs

Trade major cryptocurrency CFDs including BTC, ETH and more

Spreads from 0.6 pips 

Platforms: OvalX, Metatrader 4


Discover our desktop and mobile intuitive OvalX platform

Enjoy an advanced charting toolkit

Analyse markets using a multitude of indicators and drawing tools across our various chart types

Give yourself an edge

Create your own Watchlists and set price alerts to keep track of the markets you follow and trade

Make your workspace your own

Customise and save up to 10 unique workspaces with the chart views and time frames that you need

Better risk management

Our intuitive trade tickets make it simple to set up and understand your Stop and Limit levels

MetaTrader 4

With fast execution and competitive pricing, we are one of the UK’s leading providers of MetaTrader 4

Are you looking for a serious trader experience?

  • OvalX Analysis – Our market leading analysis
  • News & Calendar – Financial news and economic calendar
  • Trade Terminal Tab – Trade from your own watchlist with one click
  • Mini Trade Terminal – Graphical placement of pending orders
  • Order templates – Build templates for pending and market orders
  • Drag & Drop – Easy change pending orders
  • Correlation Matrix – See if your portfolio is diversified

Managed accounts: not available

Leverage: Variable

Deposit and Withdrawal Options

Payment Methods: Visa, MasterCard, Neteller, Skrill and Bank Transfer 

Min. Deposit:  $100


How was the rating of OvalX performed compared to other brokers? 

This 2023 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on OvalX FX broker performance and features.

Overall our online OvalX review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online OvalX or you find inaccurate details OvalX broker review please get in touch with us and the changes will be applied.   

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Trading financial instruments carries high level of risk to your capital with the possibility of losing more than your initial investment. This site will not be held liable for any loss or damage in result from using the information within the site including forex Broker reviews 2023, market analysis, trading signals, learning resources and comparison tables. The data within this website is not necessarily real-time nor accurate and do not represent the recommendations of the employees. Currency trading is not suitable for all investors. Before deciding to trade currency or any other financial instrument please consider consider your investment objectives, level of experience, and risk appetite. While we do our best to provide up-to-date information, we strongly encourage you to verify it directly with the broker of your choice.