Easymarkets Review 2020

72% of retail investor accounts lose money when trading CFDs with this provider. EasyMarkets’ customer service is available with representatives on call 24/5 during normal forex market hours.

This is particularly true if you want to use the MT4 desktop platform as this is how trading is facilitated on this account, with webtrader unavailable. In addition to that, the broker also holds all deposits in segregated accounts so that your funds are completely safe even in the event of bankruptcy or insolvency.

easyMarkets is an international enterprise with numerous offices worldwide. Limassol in Cyprus houses the command centre, while on a global scale, the Forex brokerage possesses offices in Sydney, Shanghai, and Warsaw. The website of easyMarkets is crafted in English, Chinese, Arabic, and Polish. easyMarkets’ customer service is served by an e-mail, fixed telephone lines, and a live chat. We contacted a person on the live chat and she replied in a prompt manner demonstrating high levels of knowledge and professionalism. Call them old-fashioned, but you can also send a fax to easyMarkets.

To ensure safety and protection, Easy-Markets requires customers to provide identification documents such as copy of passport or ID card. Additionally, Easy Markets requires proof of residence and copy of credit card. Lost my $500 deposit in 2 days because I followed the recommendations from my personal manager. easyMarkets is regulated and licensed by the Cyprus Securities Exchange Commission and is under CIF license #079/07. It is also licensed by the Australian Securities & Investments Commission under number .

  • In addition, the company offers an MT4 trading platform that has its usual extensive support for technical traders.
  • In addition, the banking transactions and operations are rapid and convenient, guaranteeing traders won’t miss a crucial move on the markets.
  • easyMarkets is a reliable and legitimate forex/CFD broker regulated in tier 1 and tier 2 jurisdictions.
  • EasyMarkets is one of the leading brands in the online trading industry and has earned this through their many years of experience.
  • EasyMarkets is licensed by the Cyprus Securities & Exchange Commission which has been passported in the European Union through the MiFID Directive.

The minimum deposit is 100 EUR and traders can have a Personal Account Manager who can provide them with information about market trends, economic events, investing strategies and more. When a trade is cancelled, the amount risked by the user is returned to their trading account.

Featured Brokers

Saxo Markets offers a wide access to a range of stocks, ETFs and funds. EasyMarkets is licensed by the Cyprus Securities & Exchange Commission which has been passported in the European Union through the MiFID Directive. EasyMarkets offers its clients negative balance protection holds its funds in segregated accounts. Cryptocurrencies have made a huge impact on global finance and are being considered by some to be the future of currency. For those looking to be at the forefront of technlogy, EasyMarkets offers cryptocurrency trading. Often used by institutional traders to set up hedges against volatility.

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. EasyMarkets strives to offer traders the best possible trading conditions and thus offer very competitive fees with zero commission trading and tight fixed spreads.

Desktop Trading Platform

EasyMarkets offers their clients 4 types of accounts to choose from, each with slightly different trading conditions and features. While EasyMarkets proprietary web-based trading platform is compatible with mobile devices, the brokerage also provides a downloadable EasyMarkets trading application. The EasyMarkets Trading App can be downloaded for free from the Apple App Store and the Google Play Store for iOS and Android mobile devices including phones and tablets. The app comes complete with fully integrated analytical tools, all of the advanced order features, and much more.

easyMarkets review

A trial demo account is also available, but for a rather limited time of 8 days. One of the most popular choices among traders, the MT4 trading platform comes with great trading conditions that many users grow to appreciate.

Trading Assets

If you make a mistake and open a position that then starts to lose money on your misjudgement, you can close that position and have your losses refunded for a small fee in many cases. Several indices from all over the world are available to trade as CFDs.

For example, in a volatile market, if the price suddenly drops, you can use this feature to freeze the price low to allow you to buy in before it recovers. 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. The only exceptions here are if you deposit a currency that is not supported as a base currency, then you will have to pay a conversion fee.

easyMarkets does not currently charge withdrawal fees, making it an attractive choice for traders around the world. The brand is constantly adding new currencies, and users are encouraged to check via the official website to confirm whether they can make a withdrawal in their currency of choice. Payments are processed quickly via the easyMarkets platform.

easyMarkets review

This is the brokerages proprietary web-based trading platform that’s accessible from the web-browser on any device including desktop computers and mobile phones and tablets. The platform provides access to over 200 tradable assets, features zero slippage, an easy to use trading interface, and numerous analytical tools. EasyMarkets features multiple trading platforms for their traders to choose from.

Accounts Offered:

With language availability you will find a total of 7 languages available through the broker website. These are English, Chinese, Polish, Arabic, Spanish, German, and Japanese. This should provide quite well for traders all over the world. This feature lets you freeze a rate on a certain asset for just a few seconds to give yourself time to get into that position. This is ideal if you are trading volatile markets and spot a low position which may not hold too long. Vanilla options are also available for trading at EasyMarkets and options on forex, commodities, shares, indices, and crypto are all available. Here is a look at some example spreads from the most traded assets with the broker.

All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising.

easyMarkets review

It also allows traders to trade over 15 high profile market indices. Cryptocurrency trading is also very much possible thanks to risk management tools on offer. Traders can also trade stocks of some of the biggest companies in the world as well as engage in options and commodity trading. Mobile trading with the broker is provided through the EasyMarkets app.

Cryptocurrency here can be traded again as CFDs and there are three cryptos available. These are Bitcoin, Ethereum, and Ripple which are all traded against the USD. You can purchase a minimum of 0.25 BTC, 1 ETH, or 1,000 XRP. There are 17 commodities in total available for trading as CFDs with EasyMarkets. These include 5 metals in the form of gold, silver, copper, palladium, and platinum as well as 5 energies including oil, natural gas, and heating oil.

In case you want to get in touch with the customer support team over call, reach them at + or + . The support team of easyMarkets is highly active and is ever ready to help you out. Clients can utilize the chat feature on Facebook, WhatsApp, etc. to communicate with customer service.

Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with EasyMarkets vs. similar brokers. easyMarkets is regulated by both ASIC and CySEC, and offers clients negative balance protection with their funds held in segregated accounts. All client funds at easyMarkets are separate from company funds, and are kept safe and secure in top tier, low credit risk, global banks. easyMarkets also claim to maintain sufficient liquid capital to cover all client deposits, potential fluctuations in the company’s currency positions and outstanding expenses.

Freeze Rate is a tool which allows users to freeze onscreen prices for several seconds, enabling them to trade at the frozen price. This feature allows losing trades to be cancelled up to 1, 3 and 6 hours. For those with a little more experience, the “Discover” section looks at popular assets and describes concepts, terminologies and trading history.

To open a live account, you’ll need a minimum deposit of at least €1. Alternatively, EasyMarkets offers a demo account that you can use to practice and familiarise yourself with their platform. As an established broker with almost twenty years of trading experience under its belt, easyMarkets is a simple but welcome platform which offers several advantages over its competitors. Charting is powered via the Trading View section of the mobile app, which again features the same indicators that the web version of the easyMarkets platform offers. Investing in foreign currency can be lucrative, which is one reason why this area of finance has become so appealing to so many people. Easy Forex has made the process of investing in foreign currency as simple as possible so that practically anyone can try their hand at it. You can easily fund your Easy Forex trading account since the company allows and encourages small investors to try their service.

Easy Markets also offer Islamic trading accounts with no rolling fees, and the ability to extend day trading deals to the following day. The ever popular MT4 trading platforms is available for traders and comes complete with EasyMarkets branding and favorable trading conditions. The platform is excellent for advanced clients and features a highly customizable interface, negative balance protection, a sophisticated charting package, and more.

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