Since its founding in 2001, easyMarkets has been a reliable financial services provider, staying ahead of regulatory standards to ensure its clients’ security and transparency. EasyMarkets recognizes the importance of accessibility in today’s fast-paced environment. The broker provides a mobile trading app, allowing traders to stay connected and execute trades on the go. The mobile app mirrors the simplicity and functionality of the desktop platform, providing a seamless transition between devices.
But in the case of easyMarkets, there is no commission on trade with a fixed spread. Normally who don’t want to take a risk and want to test their trading strategies, can go for the demo account with easyMarkets. Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry.
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- The app is great for account management, as traders can place and adjust their positions on the go.
- In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.
- With three account types available on Easymarkets and MT4, the broker offers trading conditions suitable for both beginners and professionals.
- The easyMarkets MT5 account is available for any client with no restrictions.
Always practice healthy risk management when trading leveraged products, including calculating and adhering to your risk/reward ratio, strategy and investment goals. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
easyMarkets Licenses and Regulatory Compliance
- You also have access to live webinars, ebooks and videos on the more advanced trading topics.
- EasyMarkets offers a wide variety of trading platforms to accommodate different trading preferences and requirements.
- Additionally, it’s available as an Islamic swap-free option compliant to the Shariah law.
- The easyMarkets Professional account features spreads from 0.5 pips, which is 20% higher than the industry standard of 1 pip, on the MT5 account.
- Another benefit of installing the app is that it enables traders to easily access their portfolio without entering any login credentials.
EasyMarkets offers commission-free trading with fixed spreads starting from 0.8 pips on its standard account using the broker’s proprietary platform. The biggest drawback to easyMarkets is that it offers barely over 200 tradeable symbols – a paltry amount compared to what’s available from the best multi-asset brokers. It offers reliability, a low minimum deposit, fixed spreads, a variety of trading instruments, and an unlimited demo account for practice. Casual traders can benefit from easyMarkets range of accounts and platforms.
Users can conveniently test their expert advisors as MetaTrader 4 provides them with two decades of historical data. In conclusion, EasyMarkets stands as a broker that lives up to its name by providing a straightforward and accessible trading experience. With a user-friendly platform, unique risk management tools, and a commitment to education, EasyMarkets caters to traders of all levels of expertise. The minimum deposit is as low as $25 for Web/App accounts, while more advanced accounts like Premium and VIP require higher deposits. EasyMarkets stands out for its user-friendly platforms, fixed spreads, and comprehensive customer support, making it a strong choice for both novice and experienced traders. The broker’s commitment to transparency and risk management tools, like dealCancellation and guaranteed stop loss, enhances the trading experience.
Ingenico transfers, however, are much slower, taking 3 to 5 days to complete. The broker offers several payment methods, available exclusively to clients in China – UnionPay cards, the payment app WeChatPay, as well as Alipay. However, support is available only in English, which might limit accessibility for non-English-speaking clients. If you’re an advanced trader who relies on automated systems and professional account management, the lack of VPS hosting and MAM/PAMM account management might be a limiting factor. EasyMarkets does not charge direct commissions; costs are integrated into spreads, but overnight holding fees apply. The VIP MT4 account provides the most cost-effective trading option, with fees as low as $7 per lot for EUR/USD.
easyMarkets Proprietary Platform
EasyMarkets does not charge any fees for deposits or withdrawals, offering a wide range of options such as bank transfers, credit and debit cards, online cards, and various eWallets. EasyMarkets provides a variety of trading accounts designed to cater to the diverse needs of traders. Whether you’re just starting or have years of experience, easyMarkets offers flexible options with competitive conditions. EasyMarkets is recognized as a well-regulated, secure, and innovative financial services provider.
The proprietary platform has an easy learning curve and features multiple trading modes, including CFDs and vanilla options. Furthermore, the broker provides extensive research and educational content, as well as average spreads. When customers sign up for the first time, the system will automatically open a standard account.
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That is why traders must familiarize themselves with the safety mechanisms ensured by the entity they want to open an account. However, licenses obtained from regulators in different jurisdictions do not easymarkets broker always entail the same degree of protection. In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.
In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. For specific operating hours, please refer to the brokers website or contact support directly. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.
EasyMarkets affords its clientele flexible alternatives for depositing and withdrawing money and competitive trading conditions. While they cover a variety of subjects, the training materials are mainly targeted at new traders. This easyMarkets review concludes that easyMarketis an excellent choice for traders of all levels.
EasyMarkets offers trading across multiple asset classes, including Forex (currencies), Precious Metals, Commodities, Indices, Cryptocurrencies, and Shares. Download and install the easyMarkets trading platform (MetaTrader 4, MetaTrader 5, or the proprietary platform) if you haven’t already. EasyMarkets’ partner program offers a fantastic opportunity to earn commissions through its competitive plans and high client conversion rates. Whether you choose the CPA, Spreadshare, or Hybrid plan, the flexibility and earning potential are remarkable. When you trade FOREX, you aren’t necessarily buying the actual Dollars for physical Euros. You are trading a CFD (a Contract for Difference), which allows you to trade the price of your chosen currency for another, without the obligation of owning it.
Traders seeking an Islamic account must contact easyMarkets customer support and request the service from there. 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. It offers the same range of technical indicators and drawing tools as the desktop version.
The platform includes exclusive tools such as guaranteed stop-loss, Freeze Rate, and dealCancellation™, offering traders greater control over their trades. Its interface is beginner-friendly, yet offers powerful functionality for seasoned traders. Founded in 2001, easyMarkets has been a pioneer in making online trading more accessible.
