ETX Capital. http://www.financial-spread-betting.com/etx/ETXcapital-review.html Are large cap stocks less risky than smaller shares. Manoj Ladwa, Senior Trader and Market Commentator at ETXCapital comments. I would say so no because with what we've seen over the last few years larger caps can also have a terrible time - if we looking at some of the banking stocks LLoyds, RBS - these were fantastic blue chip shares now they are literally penny stocks. So I wouldn't say it is more risky trading in smaller caps but they do have a different dynamic. They don't move around like bigger caps