Easymarkets Forex Broker Review
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As well, they offer conditions and contract sizes that are accessible to both novice and experienced traders. While the spreads are fixed at EasyMarkets, they do vary between account types.
With that said, trading costs and spreads remain very competitive and it is a top account choice for many. The demo account with any broker is a great place to get started.
By using a competitive spread, the company eliminates the need for commissions by making its money through the spreads already figured into the currency rates. EasyMarkets has a long history as a broker and an excellent track record as well.
InvestorGreg upholds the most rigorous standards for testing of brokers. We may receive compensation for advertising or for links that feature inside our reviews. With Fineco you can trade contracts for difference , futures, stocks, currencies, bonds, exchange-traded funds , options and funds. They both have some handy tools to give you the information you need to trade contracts for difference. Find out some alternatives to Trading 212 and what they’re good for. Fidelity is another good all-rounder, offering a good package at a decent price.
With so many useful options for doing just about anything that you wish with your forex account, that makes it much easier for you to get a start. For those who want to help protect themselves in volatile markets, this can be exceptionally useful to drive a more reliable means of money management. However, it’s also important to note that you get access to vanilla options – these options are quite different to normal binary trades in that they have no limit on payouts. They also have no expiry date, which can mean that if you want to really push things then you easily can. The easyMarkets app is the proprietary mobile app that makes it easy for traders to stay in touch with the market while on the go. The mobile app is available for both iOS and Android devices, downloadable in their respective stores.
The MT4 is the standard trading platform, given its capabilities. With the platform, to enhance traders can buy apps which compatible with MT4 to gain excellent trading experience. The app comes with an array of trading tools in the form of indicators and supports expert advisors. As a market maker, easyMarkets is able to provide fixed and competitive spreads on all trading instruments. easyMarkets’ fixed spreads allow you to always know your trading cost. easyMarkets was established in 2001 under the name “easy-forex”.
easyMarkets is a platform which allows users to trade CFDs on commodities, forex, shares, indices and cryptocurrency. This review will highlight the sort of features easyMarkets offers, including the types of account available, whether there are any demo account facilities and how the trading platform functions. We will also go into detail regarding any current bonus offers and compare key elements of the service to its rival firms . Established in, 2003 EasyMarkets.com (formerly known as easy-forex) provides its clients access to global markets with the use of an intuitive platform.
EasyMarkets does provide a degree of flexibility within the fixed-spread model. The broker offers three different account types with different spreads depending on the amount you choose to deposit (Standard – from 3 pips, Premium – from 2.5 pips, and VIP – from 1.8 pips).
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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 are quite open and flexible when it comes to trading techniques.
- The company offers personal trading service with the help of dedicated account managers.
- The trading experience at EasyMarkets is highly customizable thanks to the extensive range of charting tools and indicators that are made available through the trading platforms.
- easyMarkets comes complete with a host of unique features, many of which make the trading process much easier – particularly for new or inexperienced traders.
- Both gold and silver here are available to trade against more than 8 currencies.
Moreover, it is crucial to fund the account with at least $100. There are different promotions and bonuses on offer for the traders. However, these benefits are not for EU clients as per the regulatory demands of CySEC. EasyMarkets is an online CFD/Forex broker that first started its operations in 2001. The headquarters of the company is in Majuro, Marshall Islands. easyMarkets has offices all around the globe, and it is handled by Easy Forex Trading Ltd, which also belongs to the Blue Capital Markets Group. EasyMarkets offer both MetaTrader4 and their own web based, desktop and mobile platforms; we’ll be focusing on the latter three products here .
An extremely well-trusted broker regulated by two top bodies they have won 37 awards across almost 20-years in the business. EasyMarkets offers some of the most competitive trading conditions designed to ensure traders end up with optimum returns.
Platforms & Mobile
However, it may not be quite enough to satisfy more demanding or experienced traders. You’ll be able to create a free demo buying and selling account to check out their platforms options, see right here. This platform is very intuitive and can be utilized both new and old traders. MetaTrader 4 has plenty of useful features including the Expert Advisor feature. EasyMarkets provides a number of exclusive tools to help you optimize your trading. The Inside Viewer allows you to see which are the most popularity traded currency pairs, the percentage of bullish / bearish traders, and the average stop losses and profit points on Easy-Forex.
Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
Since the fee depends on the asset at the market at that time, you can check your trading platform to confirm the fee for that particular time. You will be glad to note that an Islamic account is available for traders at EasyMarkets. These accounts do not charge any swap-fees and so, they are fully compliant with Shariah law. EasyMarkets also do not charge any additional fees on these accounts, though if you keep a position open for more than 14 days, they may apply an extra fee in place of the swap fee. Our EasyMarkets review will start in a key area for all traders. The broker has been around in the industry for almost two decades, therefore it is already clear that they come in with a strong reputation.
With EasyMarkets, one of the key strengths you will find is the huge selection of deposit methods that are facilitated by the broker. Some of these may not be available in certain areas of the world but the entire selection includes the following. Focusing on the deposit aspect of EasyMarkets we will look at the minimum deposit required, and the range of deposit methods available as well as any fees you may encounter along the way. Overall it is a huge range of choice which can greatly help you avoid any conversion fees that can happen when your base currency does not match that of your deposit or withdrawal method currency.
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The company is engaged in forex trading in nearly 150 countries. Easy Markets provide convenient products and customer service for all its forex customers. The company provides trading platforms for both forex and commodities from desktop, mobile and tablets. The company is at the forefront of technological innovations, and also brings the latest innovations in forex trading to its customers. The company offers personalized forex training, customer support specialists, reward programs and institutional partnership programs.
There is no annoying software to deal with when using Easy-Forex.com. Anyone who’s had their fair share of setup problems and program glitches can appreciate this aspect of the service. By not relying on computer software installed on your own computer, Easy Forex can offer you its currency trading service anytime and anywhere. All you need to do is simply login to your account from anywhere the Internet is available.
Vanilla Options permit the easy selling and buying of FX currencies, commodities, energies, and metals in an effort to profit from the different conditions of the market. They are a way more flexible instrument for CFD trading and spot Forex. In addition, they are far more comprehensive and very different from “binary options”. With easyMarkets, you have an access to more than 300 markets , a wide range of instruments for trading , and MT4 Option CFDs.
As far as their bonuses and promos go, they are very easy to work with. Telephone support is also offered if you want to make fast direct contact with the broker. Also includes one on one training, personal support, market updates via SMS/Emails/Calls. Fixed spreads from 3 pips, guaranteed stops and free SMS market rate alerts. There are three different account types available with varying levels of features.
A total of 51 charting indicators and 31 drawing tools are accessible to make your experience as detailed as possible. One click trading from charts, and the setting of price alerts is also something that is catered for. Here is a closer look at exactly what is available in terms of trading platforms and tools with EasyMarkets. Here is a look at some example spreads from the most traded assets with the broker. The final EasyMarkets account type available is the professional account. This is available to UK and EU traders only, though in order to be eligible, you must meet two of the following requirements.
The funds are typically delivered to the credit card or bank account provided by the customer during the account opening process. Test your skills, knowledge and abilities risk free with easyMarkets demo account. Trades are executed at the rate you see, on easyMarkets platforms ensuring you will never be surprised by a spread change during volatility. The Forex News Blog takes the reader to an altogether different site, , where scores of strategy- and other trading-related articles are available for free. The educational value of this feature is perhaps the best the broker can offer in this regard. CFDs are leveraged products and can result in the loss of your capital. Marcus founded BrokerNotes in 2014 after trying hard to find a broker for himself to trade and struggling to compare brokers like-for-like.
The Win and Win Again program allows you to trade up to $200, and Easy-Markets doubles your winnings. Since 2001 easyMarkets has strived to offer the highest level of customer support possible with exclusive risk management tools, 24/5 customer support and conditions which help our traders. In addition to dealCancellation, the broker also offers a unique trading tool called Freeze Rate. This feature lets traders freeze the price they see, thus gaining a few seconds to place their trade.
What Kind Of Spreads, Pricing, And Execution Does Easymarkets Offer?
There is a selection of free PDFs that you can learn from on a very wide range of topics. These include several types of trading like CFDs, options, and futures. If you are a new trader you will certainly benefit from the basic terminology, and risk management materials and well as a useful MT4 platform training guide and glossary. Even if you are more experienced there is still something here for you with information on technical analysis and market entry and exit points also available. Mobile trading with the broker is provided through the EasyMarkets app. This app is available for mobile trading through iOS or Android devices and is very easy to use as well as being sufficiently in-depth to include a good range of tools and indicators.
Using this promo, a maximum bonus of $2000 can be received. These are Forward Deals, easyTrade, Day Trading, and Pending Order. There is no need to download anything as the trading platform runs on all operating systems. While there’s little here to daunt new traders, tabs allow access to the Inside Viewer, and order entry parameters are neatly presented. Tabs allow you to move between order types, and instruments . Though online streaming charts are available via the broker’s website, you’ll have to navigate to a separate page to view them .
EasyMarkets has a BrokerNotes triple AAA support rating because they offer a wide range of languages and support options. As a nice bonus, EasyMarkets are one of very few brokers that claim to have no requotes, so you don’t have to worry about slippage .
Easy-Markets also providescustomized accounts for regular traders. An account manager is available to help customers decide the best account type. Easy Markets also offer Islamic trading accounts with no rolling fees, and the ability to extend day trading deals to the following day. EasyMarkets have been in business for more than 10 years, having previously been known as ‘Easy Forex’.