ETX Capital New Cash Back Offer

ETX Capital has launched a new offer for new account holders offering new traders a great £250 cash back against any net losses they make within their first 10 business days of trading.

You can receive up to £250 cash back against realised net losses, during the first 10 days of your new spread betting account being opened; as long as you place a minimum of five opening bets during this time. This effectively means means that should you lose up to £250 during the promotional period, ETX Capital will credit your trading account up to this amount. The cash back is cumulative, and cannot exceed an aggregate of £250.00 per account.

Manoj Ladwa, senior trader of ETX Capital was quoted as saying ‘If any net losses are incurred during that period, they will be refunded up to £250,’ explained Mr Ladwa. ‘We believe this offers a better experience of trading than using a demo account.’ Additionally, ETX Capital is reducing the minimum stakes for a number of markets. ‘It is to allow new customers to try our services without risking too much capital,’ says Manoj Ladwa, senior trader.

Note: This is a good offer if you’re a new account holder and wish to give ETX Capital a try although the opening of an account shouldn’t just be based on free money or cash back… Spread betting companies don’t offer cash incentives for nothing – they do it because they know that most of the times they won’t need to honour them. Having said that ETX also hand out to new traders a free book entitled ‘The Beginner’s Guide to Financial Spread Betting’ which is written independently of ETX Capital and is a decent enough introduction to spread betting as a whole.

Tags: ETX Capital, etxcapital

This entry was posted on Thursday, March 11th, 2010 at 9:37 pm and is filed under Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.