easyMarkets Review year : Forex Broker Reviews & Ratings

Being regulated on top-tier country commissions implies that your funds are in safer hands as some strong authorities back your broker with dependable aged market repute. EasyMarkets does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The EasyMarkets Demo account is non-expiry and available for unlimited use in a simulated trading environment with the use of virtual funds.

1. EasyMarkets offers CFD trading in a variety of asset classes including forex, metals, agricultural goods, energy, indices, and cryptocurrencies.
2. EasyMarkets does not charge commissions per trade — instead, they are compensated via spreads.
3. Unlike the inadequate research division, the educational segment does offer valuable content geared toward new traders.
4. It was developed by trading software company MetaQuotes, is available in multiple languages and free to download.
5. The buy-in currency was changed to US Dollars from Euros; easyMarkets suggested that the change was an effort to democratize forex trading.

These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their easyMarkets clients’ funds. The broker’s attempt at providing research is less than ideal, even though the education section is respectable. From a trader’s perspective, the high trading costs, coupled with the choice between two mediocre trading platforms make this broker a second-tier option.

You can increase your trading knowledge using the various articles, videos and eBooks that easyMarkets provide. They are free to anyone who opens an account and cover a range of topics suitable for beginner and experienced traders. Topics include trading strategies, trading psychology, technical analysis, risk management and an introduction to trading. I found the educational content to be basic although the content related to the brokers unique tools was very helpful. If you are looking for more, then IronFX have plenty for you to get your teeth stuck into.

I think it is important to learn as much as you can before you start trading. If you have the knowledge, you can correctly assess both risk and opportunity. This is why easyMarkets not only provides market analysis tools but also seamlessly integrates them into their platform, allowing you to react according to changing market conditions.

Trading on easyMarkets web platforms and other applications

Provided that easyMarkets accepts traders from , you can follow the below instructions to verify your account. So, overall we conclude that easyMarkets can be trusted and it offers quite comfortable conditions and continues to develop and enlarge its offerings. As we see before broker had less suitable conditions, but now it thrives with its innovative technology and great offerings. EasyMarkets leverage levels, as always they are depending on the instrument you trade or platform you use and are also defined by regulatory restrictions. Yes, easyMarkets is a safe trade due to its high regulatory standards, is operating through a few regulated entities in its established jurisdiction, and is not a scam.

What funding methods do easyMarkets accept?

I think they have a reasonable range of trading instruments and you will also find some innovative trading tools to assist with your market analysis. Beginners can browse through a decent selection of educational content, including guides and videos. You can choose from 2 account types and convenient funding options.

easyMarkets Deposit Fees

In practice, this offering is similar to one-click and automated trading, as provided in the MT4 trading platform, though the MT4 offerings are far superior. No broker has the possibility to “freeze” a live market, and the impression one gets is that trades on the easyMarkets webtrader are merely simulated. Traders can get a VIP account with a deposit of £2,500, which is very low compared to the majority of its peers who require a much higher minimum deposit. The account offers tighter spreads and more technical analysis tools.

Based on our findings, 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. This is another area in which they really excel from my point of view. You can choose from a wide selection of deposit and withdrawal methods without any fees. If you want something quick then you may consider an online payment processor such as Skrill or Neteller. I like the digital wallet options as this means I can get quick access to my funds which is important if I need to act quickly on a market move.

I started with Easyforex in 2004

EasyMarkets users can trade CFDs on both desktop and responsive devices. EasyMarkets does not charge commissions per trade — instead, they are compensated via spreads. Spreads vary based on the product, as well as the trading platform used by the trader, namely the forex broker listing web trader/app and MetaTrader 4. Your accounts can be opened in USD, GBP, EUR, CAD, AUD, ILS, CNY, NZD, NOK, CHF, JPY, PLN, SGD, ZAR. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

Cryptos can be traded 24/7, and indices, shares, and other assets will depend on the local trading hours of where these assets are traded. EasyMarkets is a CFDs broker, every asset listed on the platform is offered in CFDs. Here is a detailed look at exactly which markets and assets are available to be traded. When it comes to the broker withdrawal methods available, these are typically the same as all of the deposit methods we just mentioned. So wire transfers, credit/debit cards, a huge range of online payments and eWallets are available to withdraw funds. Withdrawals from EasyMarkets typically take around 2 business days.

Overall, our experience with easyMarket can be considered positive. I tried to use a scalping system on a demo account and everything worked as expected. Again, it went well but after a few days trading was deactivated on my account for apparently being in breach of the terms. They mentioned that I could not take advantage of scalping fixed spreads at certain hours. Therefore, I would suggest carefully reading them through before starting.

easyMarkets Forex Spreads

The next step involves submitting identification documents for easyMarkets account validation and making a deposit. Once completed, easyMarkets users can download the trading platform of their choice. It’s important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn’t allow automated trading scripts such as Expert Advisors.

The easyMarkets App puts the global markets at your fingertips with its intuitive design giving you access to all trading and information from the same user-friendly interface. You can access live real time prices and market news directly from within the app. Features include integrated tools for conducting analysis, dealCancellation, Freeze Rate and Free Guaranteed Stop Loss and Take Profit. Available on iOS or Android devices, it gives you all of the same features as the easyMarkets web platform with access to markets everywhere in the world that you have an internet connection. I am a huge fan of trading apps as they give me the freedom to manage my account and follow the markets from anywhere at any time. EasyMarkets has been facilitating trade on the financial markets for over 23 years.

Besides this, there is a PDF guide on MT4 and Mobile Apps usage for trading. This tool could be a big deal for mature traders who know how they can reap the benefits out of it. Others may find it to be a bit of a fad that is just used to lure in new traders. I can see it how would have its uses but I think losing trades are a part of any successful trading strategy as mad as that sounds. Yes, the “Payout Target.” With Payout Target, you can now automatically close your trade once it reaches your predetermined price. To use the new feature, go to the easyMarkets web platform or the iOS / Android mobile app, select your open position, and click the ‘edit’ icon to configure and activate it.

Traders can upgrade to a real account by tapping the ‘My Account’ menu item at the bottom of the screen and selecting the ‘Make a Deposit’ button. The introductory screen is a list of browsable asset classes and products, along with a three-item menu at the bottom of the screen. Traders who fall below the easyMarkets margin requirements risk receiving a margin call and having their position closed prematurely. Deposits by wire transfer may take as much as 5 to 7 days for funds availability, while deposits through Visa and MasterCard are the fastest. You must provide your name, email, country of origin, and phone number.