easyMarkets Review: What Are the Award-Winning Brokers Weaknesses?

EasyMarkets recently launched a unique new trading ticket called easyTrade that allows the trader to set their maximum risk. Also, you can trade with zero spread and without margin requirements. You also get variable leverage ratios that depend on the market’s volatility levels.

Great for traders that use technical analysis to find enter and exit levels. One of the most popular ways to trade the over 275+ markets easyMarkets offers. Test your skills, knowledge and abilities risk free with easyMarkets demo account.

The minimum deposit required to begin trading with easyMarkets is AUD 200 or $25 & you can trade commodities, agriculture, metals, Forex, and other stocks. Our evaluation revealed that the standard account carries a little investment risk and is suitable for beginners, while premium and VIP accounts are for wealthy and high-volume traders. The below-mentioned table will give you a glimpse of the requirements of each account and what they have to offer for traders of all classes. As the name implies, this tool enables traders to cancel a deal if the trade is unfavorable. For novice traders, it is quite common to make wrong deals due to a lack of market knowledge or market volatility.

• Trades are executed at the rate you see, on easyMarkets platforms ensuring you will never be surprised by a spread change during volatility.
• The In-House platform offers live market news, technical analysis, charts and a one-click trading from market explorer.
• For standard account holders, it is $25, while VIP members need to invest $10,000 minimum.
• To be precise, never invest in or trade with an online broker blindly, instead check its credibility.
• In our review, we found that easyMarkets is no ordinary broker and has almost two decades of expertise in online trading.

easymarkets does not charge a commission but is compensated through spreads. One of easyMarkets most innovative trading tickets that gives you the
ability to limit your risk without limiting your potential reward. Trade
in three simple steps without margin requirementsor spreads. You need to place a withdrawal request to get your money transferred to your bank account via a credit or debit card, wire transfer, or eWallets. The report notes that the Global Commodity Trading Platform Market is highly competitive, with various vendors offering innovative products and services.

easyMarkets Online Trading

Nevertheless, do not forget to check transaction fees with your payment provider for a smooth transaction. This risk-management feature enables you to choose the level of risk you are comfortable with before placing an order. The safety of funds is the biggest concern for investors when trading online.

The upper menu of the screen contains the available balance, the amount at risk, profit/loss statistics, and the CFD margin level. A “Deposit Funds” button is located on the right of these statistics. Traders can upgrade to a real account by tapping the ‘My Account’ menu item at the bottom of the screen and selecting the ‘Make a Deposit’ button. The proof of address cannot be older than 6 months and must show the customer’s full name and residential address. Traders who fall below the easyMarkets margin requirements risk receiving a margin call and having their position closed prematurely.

Why Trade with easyMarkets?

EasyMarkets keeps all traders’ funds in segregated top-tier bank accounts to prevent their misuse. EasyMarkets has earned a reputation for giving traders a fair-trading environment. But there are more valid reasons why you should trade with the forex broker. It is another crucial feature that intends to protect traders from facing unintended losses due to volatility or other technical glitches.

• The legitimacy of easyMarkets ensures transparent and secure trading in various ways.
• It also keeps the traders’ funds in segregated top-tier bank accounts.
• Traders can search for a particular instrument via a search box, or navigate by category through the different asset classes.
• This frozen rate can be used to execute the trade without worrying about the real-time scenario.
• Support is open to all clients regardless of their account status, but there are more support features available for clients with VIP accounts.

The broker even offers option based trading with its limited-risk easyTrade service. VIP clients get access to special benefits and innovative trading conditions with an initial deposit of $2,500. EasyMarkets launched the one of the world’s first web-based trading platform in 2001 with a plethora of asset classes, including forex, commodities, stocks and options. EasyMarkets features competitive fixed dealing spreads, dealCancellation and easy risk management options. You’ll also find MetaTrader 4 and easyMarkets’ own web-based and mobile platforms at your fingertips. EasyMarkets is a licensed online broker that allows Forex and CFD trading through its proprietary trading platform.

CFDs

You must provide your name, email, country of origin, and phone number. Then, you answer a few questions about your background and financial knowledge. Aside from MiFID, CySec, AFS, ASIC licensing, easyMarkets is also regulated by the BIV.

It also keeps the traders’ funds in segregated top-tier bank accounts. For added security, the trading platform uses 256-bit SSL encryption that safeguards your data and funds. Overall, industry recognition and advanced security features make it a reliable broker for online forex and CFDs trading. Furthermore, innovative trading tools, useful research and educational materials, and helpful customer support make it an ideal platform for online trading. However, one must be capable of using these features for their advantage.

By activating this feature, you can freeze a rate for an instrument. This frozen rate can be used to execute the trade without worrying about the real-time scenario. https://traderoom.info/ is headquartered in Limassol, Cyprus within the European Union and submits to regulation under the Cyprus Securities and Exchange Commission’s (CySEC’s) oversight. The broker is subject to the rules and regulations specified in the EU’s Markets in Financial Instruments Directive (MiFID) and includes the segregation of client funds from its own money.

Your risk remains limited by how much money you’re willing to put at risk up front and you can still enjoy unlimited potential profit on each trade. The VIP account and the Standard 1 account have the best pricing with the former requiring a deposit of $2500 and the latter a deposit of $250. Both accounts offer fixed spreads of 1 pip or 1.8 pips in MT4 on the EUR/USD. Traders are also given a commission when they introduce friends to the trading platform. EasyMarkets provides four types of accounts namely Super VIP, VIP, Premium, and Standard.

EasyMarkets offers over 200 products to trade on desktop, mobile, and all other responsive devices — it is an established broker regulated by FSA, CySec, ASIC, and BVI. Whether easyMarkets is a “good” broker or not will depend on the trader’s individual needs. Traders can easily switch between the demo and the live trading accounts. EasyMarkets innovative and intuitive app allows you to trade on any iOS or Android device, giving you access to markets anywhere, anytime. Authorised and regulated by Cyprus Securities and Exchange Commission in the Republic of Cyprus at 19 Diagorou Str.

Provided that easyMarkets accepts traders from , you can follow the below instructions to verify your account. Traders can switch to a demo account by shifting the Live/Demo toggle at the bottom of the hamburger menu — both on desktop and mobile. We introduced online trading in 2001 and we were the first to offer tools like dealCancellation, Freeze Rate and Inside Viewer. EasyMarkets has an extensive range of tradable assets, which include more than 200 instruments and 150 currency pairs. The availability of these assets, however, varies with the jurisdiction.

Traders outside Europe with a standard account are required to deposit a minimum of €/$/£200. There are over 15 different payment methods to choose from when making a deposit, including credit/debit cards, eWallets, and wire transfers. Much like the desktop platform, the easyMarkets mobile application has plenty of useful trading features and tools to offer on both iOS and Android. EasyMarkets offers CFD trading in a variety of asset classes including forex, metals, agricultural goods, energy, indices, and cryptocurrencies. EasyMarkets prides in itself offering an exceptional trading experience.

Following is the breakdown of those instruments to simplify your asset selection. All the team is professional, friendly, fair and even generous, and the app and platform is so easy to use, program, view, access and follow, that others can’t measure up. All of these features help prevent you from suffering unexpected losses and keep your investment safe. Two decades of achievements and trustworthy service to clients have earned easyMarkets its CySEC and ASIC licenses, in addition to more than 40 global awards. You’ll find a “Getting Started” section, a “Discover” series, free eBooks, Knowledge Base, a Trading Glossary, a description of the key economic indicators and detailed FAQs.

EasyMarkets offers many innovative features such as low minimum deposit, fixed spreads, Freeze Rate, and deal cancellation, making forex trading a simple, less time-consuming, & profitable venture. You can trade over 200 assets in a wide variety of markets at easyMarkets. Assets and contracts for difference (CFDs) include forex, cryptocurrencies, metals and other commodities, indices and vanilla options.

In our review, we found that easyMarkets is no ordinary broker and has almost two decades of expertise in online trading. Once you enter into a trade, you can then either close it ahead of time or it will automatically expire at the end of its time frame. Once it expires, the resulting payout, if any, will then be credited to your account. You can take advantage of this leverage without having to worry about stop losses.

EasyMarkets has headquarters in Limassol, Cyprus, and a branch in Warsaw, Poland. The company has additional worldwide locations in Majuro, the Marshall Islands, and Sydney, Australia. However, unlike other jurisdictions, residents in Australia, South Africa, and New Zealand have no additional compensation scheme in place to cover their deposits. Once you sign up for your easyMarkets account and log in, you can revisit this page and download MT4 to your device. In addition, there is no provision for an investor compensation scheme.

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