Spread betting and CFD broker ETX Capital informed its clients of changes to their withdrawals process which will take effect from 04/11/2015.
ETX Capital will offer each client five withdrawals for any amount over 100 GBP within each calendar month without a processing fee. However, due to fees ETX incurs in processing the withdrawals by the banks, clients who withdraw funds more than five times in this period will incur a charge of 10 GBP for each successive withdrawal – clients will not be charged retroactively for the previous five.
Please note that withdrawals below 100 GBP will be charged 10 GBP.
Clients should note for withdrawals after the fifth one that are below the 100 GBP level, clients will only incur one processing fee. As before, clients will not be charged any fees for making deposits