easyMarkets is an online broker that prides itself as a simple and honest broker. It began operations way back in 2001 and it offers over 200 tradable assets on its cutting-edge platforms, which includes the MT4 and the proprietary platform.
|#||Broker's Features||EASYMARKETS Availability|
|#||Accepts US traders||❌|
|#||24 hour trading||❌|
|#||Trading by phone||❌|
|#||1st deposit bonus||❌|
|#||Forex contests competitions||❌|
|#||Interest charges on the balance||❌|
|#||24 hour support||✔|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review easyMarkets.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. easyMarkets offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Cryptocurrency, Futures, Options.
Tradable Products: easyMarkets offer 62 currencies pairs, 21 metals, 15 indices, 12 commodities, 7 stock shares, 28 options and 3 cryptocurrencies.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. easyMarkets is Market Maker.
Features: dealCancellation, easyTrade and Freeze rate are the unique features on the easyMarkets platform.
easyMarkets allows you to execute a minimum trade of 0.01. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As a market maker, easyMarkets may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades. easyMarkets also offers a number of useful risk management features, such as Guaranteed Stop Loss Orders, Negative Balance Protection, price alerts and much more.
Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. easyMarkets recommended minimum capital is $25.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. easyMarkets is regulated by ASIC, CySEC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Investor Protection & Regulations: Investor protection on easyMarkets comes in the form of regulation and adherence to digital security measures. easyMarkets is regulated by CySEC and ASIC. The broker says it is in full compliance with regulatory laws which includes account segregation, digital security and KYC.
Account currencies: Next lets consider the Account currencies each broker offers. easyMarkets offers USD, EUR, GBP, JPY, CHF, AUD, NZD, ZAR different account currencies for each account types.
Account Openning: The Standard, Premium, VIP and SuperVIP accounts are the account types available to clients of easyMarkets. Their minimum opening deposits are $100, $1 000, $2 500, $50 000 respectively. A demo account is also available for practice purposes
easyMarkets offers a demo account for practicing trading skills and get familiar with the broker’s trading platform.
Languages Available: Next lets have a look at each broker's different Language options. easyMarkets offers Arabic, Chinese, English, Polish, Spanish.
Payment methods: Next lets have a look at each broker's payment options. easyMarkets offers Credit/Debit Cards, Bank Transfer, Payoneer, Neteller different payment methods for each account types.
Deposit and withdrawal: easyMarkets accepts online banking solutions like SOFORT, Giropay and Bpay. eWallets like Skrill, Neteller, iDEAL, WebMone and Fasapay are also used for payments. Bank Transfers can also be used for deposits and withdrawals.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, easyMarkets makes easyMarkets Platform, MT4 available to clients.
Web & Desktop Trading Platforms: The available platforms are the MT4 and the easyMarkets web platform.
Mobile Trading Platforms: The easyMarkets app and the MT4 mobile app are the mobile platforms provided by easyMarkets.
The easyMarkets ‘learn centre’ has video lessons, eBooks and articles to help improve the knowledge of traders. FAQs and glossaries are also available.
The ‘first deposit’ bonus and ‘refer a friend’ bonuses are designed to reward traders
easyMarkets customer support team can be reached on various chat channels, email, phone and web forms. The client support desk operates on a 24/5 basis and speaks different languages.
easyMarkets which has a long, history as a broker and a rich track record, has innovative web and mobile platforms with unique features are designed to assist the trader have a great user experience. The broker provides daily analysis reports, market research and also has a trader education suite that traders will find very useful.
Experienced traders who develop and use expert advisors or other trading tools developed for the MT4 are also welcome. easyMarkets is a broker for all traders at all levels. The broker supports all trading styles and strategies.
easyMarkets brokerage services, account types and trading platforms are designed for all trader levels and trading styles.