ETX Capital Announces Its Rebrand to OvalX

​Fazzaco learned that ETX Capital, a leading spread-betting and CFD provider based in London, has announced its rebrand to OvalX as the next step in the company's evolution.

The rebrand comes after the United Kingdom-based fintech Oval announced the completion of its integration with ETX Capital. Back to November 2021, ETX Capital announced to merge with Oval. At that time, the two companies planned to form a unique brand, focused on financial innovation and inclusion.

Additionally, the broker also rolled out a new website ovalx.com in connection with the change of name.

​ETX Capital posted the following note today on social media about the rebrand.

"Having delivered trustworthy service our customers can rely on for decades, we've made sure any changes we introduce don't affect the services our customers you know and love. As the next step in our evolution, we've changed our name to OvalX. 

We'll look a little different, but you can still expect the same premium, personalised customer experience, plus the same access to over 5,000 markets. 

But now we're combining with someone to push us to the next level through technology and innovation. We're creating something new - OvalX. 

OvalX combines ETX's experience with Oval technology. It's the next step as we move into the future."

As Fazzaco reported earlier, TrueLayer, Europe's leading open banking platform, and ETX Capital announce the award-winning broker has implemented its payments platform to deliver instant deposits and withdrawals​ for customers. Using TrueLayer's payments platform, ETX Capital customers can seamlessly verify bank account information using biometric methods, and connect to the trading app for instant and secure funding using Payments Initiation in just a few seconds.