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.
ETX Capital, investment banking
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London based CFDs broker ETX Capital has continued to further its spinoff capital raising investment banking franchise.
ETX Capital, LON:OBC, Monecor (London) Limited, Online Blockchain
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Online Blockchain plc has raised £1.0 million via a placing of shares with Monecor (London) Limited trading as ETX Capital.
ETX Capital, Guru Capital SA, Monecor (London) Limited
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ETX Capital, operated by FCA regulated Monecor (London) Limited, was acquired during in 2020 by Swiss fintech investor Guru Capital SA.
crypto liquidity, ETX Capital, Finotec, forex industry news, fxnews
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It was a holiday-shortened trading week, which also meant a relatively quiet week of Forex Industry News.
ETX Capital, LSE:OBC, Monecor (London) Limited, Online Blockchain plc
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Online Blockchain is the UK’s leading listed blockchain company, incubating cryptocurrency startups and innovation in the blockchain space.
Admiral Markets, Dan Gladding, ETX Capital
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Most recently, Dan Gladding served as the Head of Risk at Admiral Markets, as well as holding a seat as a Director on its board.
clone websites, ETX Capital
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One of the currently warned sites, monecor.eu, seems to be a clone of properly-licensed Monecor (Europe) Ltd.
ETX Capital, FXTM, Monecor (London) Limited, Nandik Barbhaiya
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Nandik Barbhaiya was Global Head of Marketing at FXTM until 2019. He has also previously worked in marketing at OANDA.
ETX Capital, investment banking
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ETX Capital was acquired earlier this month by Rolle, Switzerland based fintech investment firm Guru Capital SA.
ETX Capital, Guru Capital SA, Jump Capital, Monecor (London) Limited, Ryan Nettles, Saurabh Sharma
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Other board additions at ETX Capital include Guru Capital’s Ryan Nettles and Luca Merolla, and former ETX CEO John Wilson.
