EasyMarkets Review: Safe Broker? Everything You NEED to Know

This is also a great defense against Man-in-the-Middle and other phishing attacks. And while we are on this point, you also need to make sure that whenever you are accessing the easyMarkets website that you see the SSL lock. The broker has received numerous awards over the years, which showcase the quality of its offering in specific areas. Currently, the firm is licensed by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investment Commission (ASIC). Its European operations are covered under the Easy Forex Trading Ltd company, which holds the CySEC license. In Australia, it operates as the Easy Markets Pty Ltd, which holds the ASIC license.

1. This is a feature that easyMarkets includes on their web platform that basically allows a trader to cancel a trade after it has been placed and executed.
2. Just joined recently and was having difficulty getting the account funded.
3. Costs can be calculated prior to taking a trade due to the fixed spreads and no slippage on their web platform.
4. Learning from this source can make even a beginner a more informed trader in a short time.
5. You can choose from a wide selection of deposit and withdrawal methods without any fees.
6. They can be used to spot potential trading opportunities by looking for price action patterns and using technical indicator analysis.

It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. The websites loading speed is quite fast regardless of whether you are accessing it via a mobile device or a desktop.

At the moment, EasyMarkets does not offer social or copy trading services. However, if you want to engage other types of copy trading, EAs and trading robots are available to use through your MT4 trading platform. When trading shares you can also avail of a free guaranteed stop loss, fixed commissions, and no slippage.

easyMarkets Account Types

EasyMarkets is a licensed online broker that offers Forex and CFD trading through its proprietary trading platform. The platform was developed to be user-friendly and powerful, providing access to an array of financial instruments, including Forex and CFDs. Founded in 2001, easyMarkets is a trusted broker that holds multiple regulatory licenses and provides an easy-to-use trading platform suite with a variety of trading and risk-management tools. Fans of the MetaTrader suite will appreciate that MetaTrader 4 is also available at easyMarkets. That said, easyMarkets‘ pricing is higher than the industry average, and its research materials and range of available symbols are limited compared to the best brokers.

Trading Instruments & Assets

In order to make a deposit, the account holder can select the blue deposit funds button located at the top of the “My EasyMarkets” platform. The EasyMarkets Web Platform offers unique tools, including dealCancellation, Inside Viewer, and Freeze Rate. The second platform is the ever-popular MetaTrader 4, packed with tight spreads, one-click CFD Trading, and expert advisors being allowed. Once the top three steps have been successfully completed, the applicant will now be met with their newly created trading account.

easymarkets is a perfect online cfd…

This feature protects traders against unintended losses and limits their maximum risk exposure while trading. Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients. EasyMarkets charges no commissions on trades, just a fixed dealing spread. You can trade a wide variety of assets and spreads, including forex, metals, indices, commodities, cryptocurrencies and options. However, we would like to clarify a couple of points you have made.Our offering on MT5 is variable spreads and on EURUSD for example the spread starts at 0.7 pips.

The easyMarkets webtrader also comes with a hidden cost to traders in the form of higher spreads, which is quite unfortunate, and may serve as a deterrent from traders choosing this option. Options trading is provided through this platform as well, and traders who seek the full range of products and services offered are forced to pay more for access to them. The safety features comprise zero slippage, fixed spreads, guaranteed stop loss and negative balance protection. As part of the trading insights, you can access fundamental views, technical analysis from Trading Central, and Trading Central Indicators. EasyMarkets offers a wide range of instruments to trade at low costs on some of the best trading platforms that you will find anywhere. No minimum deposit is needed to register with the broker, and there is no deposit and withdrawal fees charged.

Let’s explore each of these trading platforms in detail and what options easyMarkets gives you. EasyMarkets may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing easyMarkets terms and conditions to understand the commission fees and any other charges that may apply is essential. It’s recommended that you check the easyMarkets website before signing up.

What trading instruments does easyMarkets offer?

The main disadvantage is the limited market range and no 24/7 support. EasyMarkets offices are located in Shanghai, Sydney, and Limassol (Cyprus), as well as the Marshall Islands, to be able to offer services globally and provide personal customer service. EasyMarkets is a Cyprus-based Forex trading firm and Broker that started its operation back in 2001 and was one of the first to offer online trading at their developed user-friendly platform.

All of our ratings and rankings are based on the collection and validation of thousands of data points and our in-depth product testing. EasyMarkets provides you with a trading via Android and iOS trading apps which you can download for free from the relevant app stores. You just need an internet connection to get quick and easy access to the world forex broker listing of financial markets from within the palm of your hands at any time. Depending on your goals and strategy, easyMarkets trading software offers you a variety of trading options. You do not need to exit the application to get live market news and prices. The versatile and customisable easyMarkets app offers you various ways to trade the markets.

You’ll also get a useful market sentiment indicator called Inside Viewer so you can see what other traders are doing. This indicator appears directly below the price chart on the default interface of easyMarkets’ web-based platform. EasyMarkets offers great services for newer traders but also suits advanced traders who favor MetaTrader 4. You can use hedging strategies and Expert Advisors to automate your trading. I tried to withdraw my profit and they removed my 10 percent of my funds. When i ask customer care, they could not give me any reasonable responds for removing my money.

If your strategy does require the lowest spread and commission fees at all time, IC Markets would be one of my top choices as they have ECN execution and raw spreads starting from 0.0 pips. Whilst they are one of a limited choice of fixed spread brokers, I did notice that they have strict terms and conditions that you need to follow. I feel this could restrict some trading strategies and does mean that you might not always get access to the fixed spreads on offer. What this means is that the broker could be making a loss if you are successfully scalping with artificially low fixed spreads. Since they were founded in 2001 and rebranded in 2016 from easy-forex to easyMarkets, their philosophy has been to provide easy, transparent, accessible and friendly trading services to all traders.

EasyMarkets Islamic, Swap-Free Account

EasyMarkets offers various funding payment methods listed in your easyMarkets dashboard if available in your region. To learn more about the easyMarkets funding and withdrawal options available in your area, you can explore the easyMarkets website. It’s essential to remember that the payment methods provided by easyMarkets vary based on the easyMarkets entity and the easyMarkets client’s country of residence. To view the easyMarkets payment options available, you can log into your easyMarkets member’s area.

Benefits of easyMarkets on TradingView include advanced charting and analytics, is highly customizable, and also no commissions or hidden fees. 7 agricultural commodities are also available for trading including coffee, wheat, and cotton. Both gold and silver here are available to trade against more than 8 currencies. This is a nice bonus since the fee is charged by many brokers in the industry. Wire transfer is available, as is deposit by credit/debit card through Visa, MasterCard, Maestro, JCB, AMEX, and AstroPay.