Is EasyTrade Scam or Legit Broker?

EasyTrade is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, was never monitored in terms of its safety, and simply may operate the business in any way it wishes.

About EasyTrade
🗺️ Registered inEstonia
🗺️ Type of LicenseNo License
🛡️ Is EasyTrade safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is EasyTrade?

EasyTrade is a trading name used by the Estonian company that offers a high-tech trading platform and provides a gateway to the world’s top financial markets including CFD trading, currency pairs, stocks, commodities, indices, and cryptocurrencies. Yet, the issues stated made us check on the company’s reliability, while the first thing to check is the legitimate status of the broker. First of all, EasyTrade is not regulated by any of the authorities, that supervise the operation of the forex brokers and submit a reliable level for them to operate.

  • Moreover, EasyTrade has received negative reviews from the traders, while the complaints were concerned about the broker’s behavior once the withdrawal request was submitted or manipulations during the trading sessions. Afterward, the complaint mentions that EasyTrade blocked an account and did not respond to emails or contacts, therefore, the trader couldn’t reach out to get the funds back.

EasyTrade Review

EasyTrade Review Conclusion

As the reality and statistics show, the majority of non-regulated brokerages are typical frauds that most often work with the same scenario while attracting clients and then withholding accounts for any withdrawals. Therefore, we keep strongly advising traders to sign in only with regulated and trustworthy brokers. Check our list of Regulated Forex Brokers with the reviews. Among the reliable brokers are BlackBull Markets, XM, and other well-regulated brokers.

EasyTrade Update

Based on our research, the EasyTrade website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals. 

No news available.

One response to “EasyTrade”

  1. I invested £5000 with EasyTrade in July 2018. By November 2018 my investment had increased & I applied for a Withdrawal of £1000 which took me a few weeks to receive it. During January 2019 my Investment had increased to £25,000. I then applied for another £1000 withdrawal. One of the Agents phoned me & said my investment would grow quicker if I paid another £10,000 in. I said I didn’t want to do it at the time. Within 15 minutes all the £25,000 was gone from my account, Still never received the £1000 & my Account was blocked. No one would answer my phone calls or respond to my emails.

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