ETX Capital Launches Zero-Fee Trading Services for Top-Traded Stock CFDs

ETX Capital, a London-based financial spread betting and CFDs provider owned by Guru Capital, announced on Friday that it has launched zero-fee trading services for a number of top-traded stock CFDs, including company names like Tesla, Barclays, Apple and Amazon. 

The new zero-fee services will not cover all the thousands of stock CFDs offered by ETX, but be limited to the most popular stock CFDs on the platform.

“We continue to see the demand for stocks increasing, but there are often so many barriers to new traders looking to try these,” said Nandik Barbhaiya, Chief Marketing Officer at ETX. “ETX wanted to give more people a simpler way to buy and sell these bigger stocks with no minimum charge or commissions.”

ETX is one of the major brokers that provides services to retail traders. The FCA and CySEC regulated brokerage also offers trading services with forex and CFDs of indices, exchange-traded funds, bonds and cryptocurrencies in addition to stock CFDs.

Last month, ETX has received, through its parent company Monecor (London) Limited, an additional fresh capital injection of £1.64 million (USD $2.3 million). The money came from the companies' new owner Guru Capital SA.