ETX Capital is the operating brand name of FCA licensed Monecor (London) Limited.
ETX operates a retail forex and CFD brokerage business. The company brought in £32.2 million (USD $40 million) in Revenue in 2018 with profit coming in at £1.9 million, both figures fairly flat as compared to the previous year.
In June 2020 Switzerland based fintech investment fund Guru Capital SA announced a deal to acquire control of ETX Capital. That transaction closed in October 2020. Guru Capital is run by former Swissquote FX executive Ryan Nettles.
Arman Tahmassebi, cash savings platform, ETX Capital, featured, Flagstone, LendInvest
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Arman Tahmassebi spent the past five years as COO of online mortgage platform LendInvest.
Cork Gully LLP, ETX Capital, featured, OvalX
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Stephen Cork and Mark Smith of Cork Gully LLP, licensed insolvency practitioners, are to be appointed as Joint Liquidators of Monecor.
copy trading platform, ETX Capital, featured, Nandik Barbhaiya, OvalX, The Portfolio Platform
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Nandik Barbhaiya was CMO of Retail FX and CFDs broker ETX Capital from 2020-2022.
Capital.com, ETX Capital, featured, forex broker acquisitions, Guru Capital SA, Monecor (London) Limited, Niamh Byrne, OvalX, Peter Hetherington
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Niamh Byrne will serve as Capital.com’s new Head of UK and Ireland.
Capital.com, ETX Capital, featured, Guru Capital SA, Jump Capital, Luca Merolla, Oval Money, OvalX
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OvalX is finalizing the sale/transfer of most of its client base to rival broker Capital.com.
ETX Capital, featured, Guru Capital SA, Jump Capital, Luca Merolla, Monecor (London) Limited, Oval Money, OvalX, Ryan Nettles
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OvalX and its board are involved in active discussions regarding a merger or sale of much of OvalX’s assets to another broker.
ETX Capital, featured, Luca Merolla, Oval Money, OvalX, Philip Adler
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Former CEO Philip Adler is stepping down from the position to pursue the role of Chief Business Development Officer at Oval Money.
ETX Capital, featured, John Wilson, Monecor (London) Limited, OvalX
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John Wilson was Chairman and CEO of Retail FX and CFDs broker OvalX, then known as ETX Capital, throughout much of the 2010s.
Betfair, ETX Capital, featured, Lawrence Jones, OvalX
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Lawrence Jones spent six years in senior marketing positions at IG Group between 2015-2020, moving to Betfair last year.
ETX Capital, featured, Maria Turner, Monecor (London) Limited, OvalX
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Maria Turner has spent more than 25 years working for leading financial institutions in a variety of senior risk management roles.
