ETX Capital rolls out instant deposits with TrueLayer

London-headquartered broker ETX Capital has implemented TrueLayer’s payment platform.

The platform enables the company to deliver instant deposits and withdrawals for its customers.

The new platform allows the business, which provides institutional, high net worth, and retail customers with multi-asset and multi-market derivative dealing capability via CFDs, to verify customer bank account information using biometrics, enabling them to connect to the trading app for instant funding using payment initiation.

“Open Banking provides vast opportunities for us to continue to develop exceptional client experiences at ETX, we are excited to be working with TrueLayer to provide clients with instant access to their money and the financial markets by offering instant payments into and out of their trading accounts,” said Kayleigh Lewis, chief operating officer at ETX Capital.

“The payments space is continually evolving and we want to offer the most progressive and secure technology to enhance our user experience. Clients are at the centre of everything we do at ETX and we will continue to work with partners like TrueLayer to revolutionise the products and services we offer.”

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