EasyMarkets provides its clients with a streamlined, accessible, and flexible trading experience. EasyMarkets also does not charge any deposit or withdrawal fees and provides negative balance protection for all traders. Additionally, while easyMarkets provides a good educational library for beginner traders, its market analysis lacks depth compared to other brokers.

You can fund your account in different ways on easyMarkets. You can use their online cashier to make the process easier. The online cashier is available in the Client section of the site.

EasyMarkets has countered the shortage of investment into MT4 by creating their proprietary webtrader, advertised as an intuitive, powerful, and simplified trading platform. Two of the core features marketed by this broker, dealCancellation and Freeze Rate, are exclusively granted in this platform. 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.

Some features and services may vary depending on where you reside. However, traders will still have access to analytics with technical indicators, graphical objects, a full set of trading orders, and functionality to close and modify existing orders. 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 web trader/app and MetaTrader 4. EasyMarkets started life as a forex trading platform under the name of easyForex.

EasyMarkets’s founders and board of directors

EasyMarkets is a forex and CFDs broker with an innovative approach to trade execution and market research. Founded in 2001 and headquartered in Cyprus, it offers over 230 CFDs and vanilla options across currency pairs, shares, commodities, metals, indices, and cryptocurrencies. FxScouts helps traders across the globe by meticulously testing and reviewing online brokers and providing Forex education and market analysis. While partners may pay to provide offers or be featured, they cannot pay to alter our recommendations, advice, ratings, or any other content. Our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. She has a medical degree with a focus on physiotherapy and a bachelor’s in psychology.

EasyMarkets traders focus on the Forex market when they’re using this platform. Like many of their competitors, they have demo accounts. Unlike the inadequate research division, the educational segment does offer valuable content geared toward new traders. The Get Started segment offers seventeen videos with a solid introduction to the Forex market, while the Discovery Series adds three more videos, complementing a properly executed segment.

The educational section offers more value and is separated into five categories. A mix of videos and written content is accessible, and one division is devoted to the psychology of trading, which may be the first positive development at this brokerage. Forex traders are levied with hidden costs (in the form of higher spreads) for access to the easyMarkets webtrader. This is the sole option to unlock all of the products and services provided by the brokerage. Easy Forex Trading LTD is the owner of easyMarkets, a broker authorized and regulated by the Cyprus Securities & Exchange Commission (CySEC).

Withdrawal Process With easyMarkets

1. In fact, they’re among the first firms that offered online trading.
2. As such, all non-profit funds are returned to the original deposit source.
3. They also offer good information on the platform to help with your trading decisions.
4. However, depending on the destination of the withdrawal, it may take between 3 to 10 business days for funds to arrive.
5. EasyMarkets charges this fee every six months until trading activity resumes or the account balance reaches zero.
6. Negative balance protection, free guaranteed stop loss and take profit have been standard features on all accounts since our founding in 2001.
7. For example, the regulations in your geographical area will affect the type of leverage that you can get.

However, they’re not as tight as some of their competitors. Finally, easyTrade is deemed to enhance risk management, but is available on just 20 assets and mirrors binary options trading. Over 200 assets across six investment classes are accessible at easyMarkets; specifically, Forex, metals and commodities, equity CFDs, index CFDs, and cryptocurrencies.

Deposit and Withdrawal Methods

The company witnessed remarkable growth in trading activities for USDJPY and NDQUSD, reflecting customer responsiveness to market developments. EasyMarkets keeps the spread stable no matter what market liquidity is like. Even during the historic bull run with Bitcoin they continued to offer the cryptocurrency.

Mobile Platform Review

It offers the same range of technical indicators and drawing tools as the desktop version. However, like all mobile trading apps, it faces the inherent challenge of limited price action visibility on smaller screens. EasyMarkets Platform features advanced charts powered by TradingView. For new registrations, the demo is unlimited and will never expire. Demo accounts are suitable for beginners but also for testing easyMarkets’ in-house trading platform. Demo accounts come loaded with 10,000 USD in virtual funds, which can be topped up.

1. Another standout feature of easyMarkets’ platform is the no-slippage trading through the Freeze Rate feature, along with guaranteed stop-loss orders.
2. In my opinion, easyMarkets’ mobile app is as good as a trading app can get.
3. So, you always have a limit on the maximum risk that you’ll be exposed to.
4. For more information, see the developer’s privacy policy.
5. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative.

The broker offers a choice of CFDs for price speculation and nearly 40 vanilla options and futures contracts for capping the market exposure in the medium and long terms. As a whole, the instruments offering caters to the needs of both day and swing traders. Compared to the industry average, easyMarkets offers fewer share CFDs, an average number of currency pairs, and a high number of commodities, indices, and cryptocurrencies. In my opinion, easyMarkets’ mobile app is as good as a trading app can get.

Leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. EasyMarkets offers multilingual support through email, phone, and live chat—both on the website and via messaging apps.

All of them can be used on your iOS device or your Android phone. If you’re new to Forex trading, you can use the demo to practice with an established broker. If you’re experienced, you can use the demo as long as you like. The minimum trading size is listed as 0.01 lots in the MT4 trading platform, and 0.05 lots in the easyMarkets webtrader. New accounts are https://traderoom.info/easymarkets-introduction/ opened online, and the process is surprisingly short at easyMarkets. Traders are initially only required to prove their e-mail address and create a password or connect through their Google or Facebook account.