EasyMarkets.com Broker Review
Beginners will be happy to know that easyMarkets offers a large variety of educational material and videos and has an excellent support team which offers tutorials and basic one-on-one education.
easyMarkets was founded in year 2001, its primary objective was to provide traders with reliable, safe and protected experience. This web-based intermediary serves traders in 60+ nations. An extensive variety of tradable resources can be accessed, which are approximately over 300, including commodities, currencies, indices and metals. Furthermore, easyMarkets offer top-class services. There are introducing Partner contributions, Dealing Room specialists, Broker projects, Forex preparing projects, etc. In 2017, “dealCancellation” tool was presented by the broker, which gave traders the right to cancel the trade within an hour – it’s an extremely beneficial tool to decrease the chances of risk. CySEC (Cyprus Securities and Trade Commission) authorizes this web-based broker. It is additionally authorized by ASIC in Australia, with branches in Shanghai, Warsaw, Limassol and Sydney.
There are three essential type of accounts at easyMarkets. The top rated account is the VIP account, then premium account and lastly standard account. VIP account features $2,500 as the minimum amount of the initial deposit with a deal size of 100k, it has a minimum of $500 margin to risk. Moreover, in VIP account, there are fixed spreads from 1.8 pips. Premium account requires the least initial deposit of $2,000 with the least deal size of 50k, and has a minimum of $250 margin to risk. There are fixed spreads of 2.5 pips. Minimum first deposit is not required by the standard account. The least size of deal is 5k & a minimum $25 margin to risk. Fixed spreads from 3 pips are offered to the traders.
At easyMarkets, we have trading platforms such as; an iPhone platform, a Web Trading Platform and easyMarkets MT4. The Web Trading Platform doesn’t require any special software’s and can be used easily through the computers and it comes in multiple languages. To enjoy a variety of tradable resources, traders are able to access their accounts at all times. Comprehensive analysis is offered by the easymarkets MT4 platforms. For increased effectiveness and productivity, it lets you access 2 decades of back-testing and over 85 indicators. iPhone trading platform can be enjoyed by the traders who want to take their trading to the go by accessing features like currency rates, charts and financial calendars.
For easyMarket traders, Wire Transfer and credit card are the available options to make the deposit. Up-to 12 currencies are presently accepted by easyMarkets on its trading platforms.
At easyMarkets, there is a wide range of assets, including metals, currencies, options, indices, agricultural commodities and energy commodities. In energy commodities, we have; WTI Crude oil, gasoil, Brent crude, natural gas and heating oil. Agricultural commodities include sugar, coffee, corn, cotton, wheat, soybeans and cocoa. Metals include palladium, platinum, silver, copper and gold. Indices such as USD Index, China 50 Index, Australia 200 Index and France 40 Index are available. Vanilla options include USD/CAD, NZD/USD, GBP/JPY, EUR/JPY, EUR.CHF, GBP/AUD and AUD/NZD. Currencies include NZD, AUD, CAD, CHF, JPY, DBP, EUR and USD.
(*Does Not Apply to EU Residents)
Traders are offered numerous promotions at easyMarkets. A few of them are as follows:
• If you deposit up-to $2000 for the first time, you receive 50% bonus on it.
• Referral bonus.
• Promotional offers for introducing brokers and affiliates
(*Apply to EU Residents)
- You can cancel a trade you’re unsure about within 60 minutes. *T&C Apply*
- 1 PIP Account – Ask your spokesperson.
They also have innovative solution called dealCancellation* which allows traders to undo losing trades within 60 minutes.
There are simple ways to get customer support. Some of them are as follows:
• Via e-mail (complaints, technical support, online affiliates, introducing brokers/offline partners and customer support)
• There are European Headquarters located in Cyprus and Asia Pacific Headquarters.
• Via phone in Australia and Cyprus.
Trader funds are protected via different methods at easyMarkets. Some of them are; stringent risk management, division of funds, supervision of all capital adequacy requirements and reputable bank accounts for operations and customers. CySEC regulates this online trading site and this site fulfils all reporting necessities as instructed by the financial establishments Australia and Europe.
Furthermore, a latest dealCancellation tool was introduced by easyMarkets in 2017. It empowers the traders to cancel their trading activity within 60 minutes. Prior to trade placement, when you click on the dealCancellation button, you’ll be able to cancel the trade if you’re doubtful about the market. New traders can especially benefit from DealCancellation while placing their first trades, however it is also useful for official traders who want to trade in big deal sizes. Furthermore, it allows you to secure and protect your money.
Is it easy to use?
A best in class trading platform at easyMarkets makes it extremely simple to get set up and begin trading on the web. Numerous classification pages are accessible, which include items, promotions, platforms, learn, accomplices, devices and about us. When you are done setting up an account, it’s a basic matter of subsidizing that account and beginning to trade at easyMarkets.
To sum up
easyMarkets is a convenient platform to trade at, especially for novice traders. The trading platforms incorporate MT4 and Web Trading which offer stupendous usability and functionality. The scope of rewards and special offers is significant and covers referral rewards, first store rewards and risk free trading among others. easyMarkets is the best platform for traders who are looking for a reliable, secure and safe trading experience.
*terms and conditions apply