Because of the consistent help i receive from the call center agents via calls, chats and the training provided. It seems that they have spent their 19 years in operation honing a comprehensive yet simplistic trading experience for traders of all stripes. It could be a win-win for all as the traders can use a well-known broker and easyMarkets and the broker gets more clients in other lucrative geos. The first thing that stuck out for us was their limited crypto coverage when compared to platforms like eToro or Uphold. They have such a large range of assets but only have three cryptocurrencies on offer. They are competing with established cryptocurrency exchanges with hundreds of assets and much higher leverage.
What are the easyMarkets account base currencies?
This review explores the core aspects of the products offered by the company, how it stands out among its peers and areas where it could improve its offerings. This objective analysis of their services allows us to determine if you should use the broker’s services for your trading activities. The key is that these communication channels including live chat are available to all forex accounts offered by easyMarkets. We are delighted to hear about your positive experience with easyMarkets.
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You will receive personalized help whenever required since VIPS benefits from features like phone support or executive account management and risk mitigation tools like guaranteed stop loss. This account will allow you to use easyMarkets very own web and mobile app platforms which include extra unique features such as dealCancellation, Freeze Rate and Inside Viewer. There are 2 main account types, the VIP account for the easyMarkets web/app platforms or the VIP account for MT4. The account you opt for will most likely depend on what platform you wish to use. The main difference other than the platform used is that the VIP account for web/app has lower trading costs overall due to the tighter spreads and no slippage. As part of their continued commitment to clients, easyMarkets strives to remain a transparent, trusted and regulated online broker.
About the Editorial Team
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. The easyMarkets professional account offers the full list of 18 base currencies. Professional account provides access to all easyMarkets trading instruments with a minimum trade size of 0.01 lot. The easyMarkets MT5 account charges variable spreads from 0.5 pips on Forex, which is 50% cheaper than the industry standard of 1 pip, and no trading volume commissions.
I am happy to trade with easy forex …
Fixed spread forex brokers have the highest fees so most experienced or algorithmic traders won’t consider this option. They also have the poorest execution speeds of the three broker sets. They are still the best forex broker for beginners as risk management tools can limit losses and their training facilities are the best for novice traders. Our research team conducts thorough testing https://forexbroker-listing.com/ on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. You can trade over 200 assets in a wide variety of markets at easyMarkets.
Background To This Foreign Exchange Broker Review Comparison
Unlike MetaTrader 4 this is based on C# API to write the code with a test environment provided to simulate trades with the robot. FP Markets has twice won the Investment Trends award for best educational material. Their best feature is their video tutorial with approximately 100 lessons to build up traders’ knowledge from beginner to expert. There are also dedicated training courses dedicated to each level of trader experience.
Based on trader opinions, June 2024 spreads and forex trading platform our forex broker reviews provide up-to-date ratings on the top regulated forex brokers. EasyMarkets offers CFD (Contract For Difference) trading on Forex (Foreign Exchange) pairs, commodities, stocks, cryptocurrencies, indices and trading on vanilla options and forwards. EasyMarkets is a globally renowned brand that offers various account types and trading platforms to accommodate traders of all experience levels, from beginners to seasoned professionals.
Anything that collaborates with Real Madrid must be genuine, if you look at how successful the club is and where the club is heading towards infinite success. I advice admirers and even the ones that did not want easymarkets broker to trade to quickly register and start benefiting for lifetime. We are pleased you received good service from your Client Relationship Manager and that your funds were received in your Skrill in good time.
Yes, they provide negative balance protection, which ensures that traders do not lose more money than they put into their trading accounts. Overall, the broker caters to diverse clients through its spread system that provides predetermined trading costs. Spreads differ based on the type of account, with VIP and premium accounts offering more favourable spreads than others. In addition, traders can enjoy full access to all tools and services on the platform alongside personalized account management plus reliable customer support service. In 2001, easyMarkets was launched by Ammar Al-Hussein in Limassol, Cyprus. Initially called Easy Forex Trading, the company aimed to simplify forex trading for retail investors through contracts for difference (CFDs) with fixed spreads and no undisclosed fees.
It is full of useful analytical trading tools and customisable features. I found it also has a very user-friendly interface that is simple to navigate and quick to learn. I tried to use a scalping system on a demo account and everything worked as expected. Again, it went well but after a few days trading was deactivated on my account for apparently being in breach of the terms. They mentioned that I could not take advantage of scalping fixed spreads at certain hours.
- MT4 is also provided by other brokers like Alpari and JustMarkets.
- With less than 300 tradable symbols available, easyMarkets is at a disadvantage compared to peers in its offering of investments.
- Its European operations are covered under the Easy Forex Trading Ltd company, which holds the CySEC license.
- This was followed by FXCM who have ‘After work’ seminars to educate and keep traders up-to-date with elements impacting markets.
- You can also use the easyTrade feature with the platform, which allows you to minimize risk while increasing your potential gain without margin requirements or spreads.
Generally, for international transfers, the funds will be processed in 5-7 business days, while a local transfer takes between 1 and 3 business days. You also have to withdraw at least £50 every time you use this method. On the Forex side of things, there are over 130 currency pairs that you can trade, which include the major and minor currency pairs as well as many exotic pairs. You can also check their comparison tables to see how they stack up against their competitors. It’s worth noting that leverage is the difference the broker offers varies by the regulator that applies to the relevant territory.
She assisted me all the way until the account was fully setup and ready. Very pleased with the excellent service look forward to commencing my journey with Easy Markets. CTrader overall is a technology-focused platform with enterprise-grade IBM hardware, ultra-low latency and those cross-connects liquidity providers. There has been over $40m USD invested in infrastructure, which has helped achieve 100% uptime over the past seven years. There are also articles, blogs, and exclusive videos provided by IG Markets. These online resources combined with the in-person seminars they hold periodically across Australia, which was why this FX broker was considered the best in the category.
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. EasyMarkets has headquarters in Limassol, Cyprus, and a branch in Warsaw, Poland.
Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. All features are linked together and accessible from a single screen. Traders can configure the chart with customized indicators and technical analysis tools. 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.
However, if you are going to be away from your desk it is a handy tool to monitor your levels. For those who trade on the MT4 platform, as mentioned it is available on both iOS and Android. Despite this though, it pales into comparison next to the MT4 desktop app. EasyMarkets has also developed some really helpful trading tools that give their users more choice. Many of these are patent pending and they are all within the rules that are defined by the regulators. EAs are Expert Advisors which are basically just trading bots that are developed for MT4s.
They have similar forex training features as IG, including videos, demo accounts and videos. An extra feature worth downloading is their eBooks which cover a range of training topics. These are catered for those new to forex trading and intermediate traders. Another popular feature is The Artful Trader Podcast which is where experienced traders are interviewed to hear their stories and tips. Training is multi-language applicable for Thailand forex brokers or German FX brokers.
Since 2001, easyMarkets has been offering traders around the world innovative features, versatile trading platforms and over 200+ global markets. They are an award winning and established broker that is under strict regulation from multiple regulators. This means that you can trade in a secure environment and get access to very competitive trading conditions. The broker is primarily focused on providing you with fixed spread trading without any commission fees.