easyMarkets Review

easyMarkets

EasyMarkets

www.easymarkets.com

  • Leverage: 1:30 | 1:200

  • Regulation: CySEC, ASIC

  • Min. Deposit: 100 EUR

  • HQ: Cyprus

  • Platforms: MT4, WebTrader, Mobile App

  • Found in: 2001

easyMarkets Licenses

  • Easy Forex Trading Ltd - authorized by CySEC (Cyprus) registration no.  079/07
  • Easy Markets Pty Ltd - authorized by ASIC (Australia) registration ABN 73 107 184 510 

Top 3 Forex Brokers

  1. easyMarkets Pros and Cons
  2. Is easyMarkets safe or a scam?
  3. Leverage
  4. Fees
  5. Spread
  6. Deposits and Withdrawals
  7. Trading Platform
  8. Conclusion

What is easyMarkets?

easyMarkets is a Cyprus established firm which started its operation back in 2001 and was one of the first to offer online trading at their developed user-friendly platform.

easyMarkets offices are located in Shanghai, Sydney and Limassol (Cyprus), as well at the Marshall Islands to be able offer services globally and provide personal customer service. The company strives to deliver trustful trading conditions in response to market volatility with fixed spread and no slippage, thus the traders always know their costs.

The idea to democratize trading since the beginning started as a company idea that accepted an initial deposit of only 25$, while further the broker enlarged their client base and got many of the positive regards in terms of their trading environment.

Over the years of expansion easyMarkets CFDs offering the range currently includes Forex instruments, global indices, energies, metals and cryptocurrencies including Bitcoin, Ripple and Ethereum.

easyMarkets Pros and Cons

easyMarekts provides easy account opening, wide range of instruments, good education and research tools, also platform election. Fees are mainly spreads considered average.

For Cons, there is no 24/7 support and instruments are limited to Forex and CFDs.

easyMarkets Review

10 Points Summary
🏢 HeadquartersCyprus
🗺️ RegulationASIC, CySEC
📉 InstrumentsForex instruments, global indices, energies, metals and cryptocurrencies including Bitcoin, Ripple and Ethereum.
🖥 PlatformsMT4, WebTrader, Mobile App
💰 EUR/USD Spread1 pip
🎮 Demo AccountProvided
💳 Minimum deposit100 EUR
💰 Base currenciesUSD, EUR
📚 EducationEducation and research included
☎ Customer Support24/5

Is easyMarkets safe or a scam

easyMarkets is operating though few regulated entities in its established jurisdiction and is not a scam.

A trading name of the Easy Forex Trading Limited is a Cyprus established financial services firm with registration number HE203997 regulated by CySEC in Europe that complies with MiFID set of rules. Means its operation standards enabled within the EU to provide legal service to the EEA zone clients and beyond.

EasyMarkets office is also located in the Marshall Islands that in fact does not regulate financial firms, but since it is regulated by the ASIC in the Asian Pacific Region and is Australia Forex Broker that enables authorized trading services.

easyMarkets license

Therefore, and as a part of its commitment to its clients, easyMarkets has always remained transparent, trusted and regulated financial service provider. The regulatory commitment requires the utmost level of security in various ways and includes clients’ safety of funds to assure integrity and safe performance.

This is done by the client money segregation, participation in a scheme in case of the company insolvency and strict operational standards constantly audited, which may slightly diverse according to its obligations.

Trading Insturments

Going deeper into easyMarkets technology, the designed Market Explorer gives deep market insight, showing the real-time rates of 200+ instruments available to trade.

Furthermore, the democratic strategy offers also the negative balance protection that is a very useful tool for any type of a trader as well as continuous innovation of the easyMarkets delivers valuable trading tools and conditions such as free guaranteed stop loss, insideViewer, Freeze Rate and very advanced tool deal cancellation. All that ensures the traders’ safety especially to those who trade on volatile conditions.

Leverage

So by trading numerous instruments, you also may use powerful tool leverage, which may increase your potential gains through its possibility to multiple initial accounts balance. Yet, make sure to learn how to use tools smartly, as high leverage and incorrect use increases risks as well.

As for the easyMarkets leverage levels, as always they are depending on the instrument you trade or platform you use and also defined by the regulatory restrictions.

  • Therefore, trading with Australian and global entities regulated by ASIC you can use high leverage with a maximum of 1:400 for major currencies and 1:50 for cryptocurrencies.
  • European entity regulated by CySEC demands significantly lower levels due to ESMA restrictions, which offer only 1:30 for Forex instruments and 1:10 for Commodities.

Account types

The range of easyMarkets trading accounts includes three types with conditions developed over almost two decades of experience and designed to cover individual needs. Nevertheless, make sure to check with customer service under which conditions you particularly will fall, as conditions may vary according to the trading entity.

easyMarkets accounts

Fees

The trading costs included into the fixed spread with 0 commissions divided and defined by the trading account you operation through.

All accounts include daily emails with technical analysis and fundamental data along with the guarantees on stop loss, negative protection and additional trading tools.

FeeseasyMarkets FeesAlvexo FeesFXOpen Fees
Deposit FeeNoNoNo
Withdrawal FeeNoNoNo
Inactivity FeeYesYesYes
Fee rankingAverageAverageLow

Spread

easyMarkets spreads see the comparison table below. As well you may compare fees to another popular broker Alvexo.

AsseteasyMarkets SpreeadAlvexo SpreeadFXOpen Spread
EUR USD Spread1.3 pips1.4 pips0.5 pips
WTI Crude Oil Spread4413
Gold Spread403511

easyMarkets spread

easyMarkets rollover

Also, always consider easyMarkets rollover or overnight fee as a cost, it is charged on the positions held longer than a day and may be checked directly from the platform. Each instrument has a different condition for overnight positions and may be as a fee or refund.

Payment Methods

An online cashier to make account funding is easy and straight forward process at easyMarkets available through the client area.

Deposit options

The multiple payment funding making your options with numerous ways available almost at any region including bank transfer, credit, debit, online cards and a selection of eWallets: Sofort, giropay, iDeal, WebMoney, BPAY, Neteller, Skrill and fasapay.

easyMarkets minimum deposit

easyMarkets minimum deposit requires 100$ as a start, while bigger size account along with VIP and premium conditions demands higher balance maintenance.

easyMarkets minimum deposit vs other brokers

easyMarkets Most Other Brokers
Minimum Deposit $100 $500

Withdrawal fee

easyMarkers doesn’t charge any fees to fund or withdraw money from the account. The fees are covered for all easyMarkets payment methods, nevertheless, make sure to check with your payment provider in case fees will be waived from their side.

easyMarkets deposit

Trading Platforms

The choice of the platform goes to an award-winning easyMarkets intuitive platform based on Web, thus, does not require installation while is adjusted to the computer’s system. Equipped with a suite of comprehensive tools to support trading along with the tailored by the easyMarkets powerful trading conditions it is a good option to trade.

Also the easyMarkets innovative and intuitive app allows trading on any iOS or Android devices, giving access to markets anywhere and anytime.

easyMarkets platform

Research

Nevertheless, if you prefer to use the most popular software MetaTrader4 it is welcomed also with the great trading conditions and customer service equipped together with Trading Central news and analysis.

In addition to the trading software the broker constantly developing enhancing tools and delivers vast add-ons to the trading platforms. One of the unique features is easyTrader which allows to set the custom designed features and execute the order instantly while guessing if the price will go up or down, with the set of the maximum amount the trader comfortable risking, potential payout, time duration, and the price rate.

And that is also presented by the availability on trading vanilla options, which allow you to hedge against volatility and perform long term trading.

Education

The educational service is a part of the offering too, while the traders of any level can find some useful information and perform even better trading. Moreover, the broker is extremely awarded one, for the year of their operation, 37 awards were received for excellence in service, trust and built-in technology.

easyMarkets awards

Conclusion

Overall, easyMarkets review shows a brokerage company with a long operational history and absolutely fair and transparent trading conditions. Even though, the easyMarkets are even proud to be a market making broker since they ensure the stable trading conditions to their client under any market conditions and even extreme volatility. The range of account types and advanced software features are also great benefit available to all easyMarkets clients, which is worth consideration. 

No news available.

Leave a Reply

Your email address will not be published. Required fields are marked *

* code