EasyMarkets review and tutorials

easyMarkets Broker Review

Detailed EasyMarkets Review 2020: Forex, CFD'S and Crypto Regulated Broker

easyMarkets.com – Simply Honest. Trade CFDs on Forex, Commodities, Indices, Shares & Cryptos With a Top Rated Forex Broker

easyMarkets Broker Review

EasyMarkets trading information

Bonus
N/A
Instruments
CFD, Forex, Crypto, Stocks
Demo Account
Yes
Min. Deposit
€100
Min. Trade
Varies by asset
Regulated By
CySec
MT4 Integration
Yes
Mobile Apps
iOS, Android and Windows
Auto Trading
No
Trade Signals
No
Islamic Account
Yes
easyMarkets Broker Review

Forex

GBPUSD Spread
1.3 var (MT5)
EURUSD Spread
0.9 (MT4)
EURGBP Spread
1.5 (MT4)
Assets
81+

CFD

FTSE Spread
GBPUSD Spread
0.9 (MT4)
Oil Spread
3 pips
Stocks Spread
0.1% Var

Cryptocurrency

Spread
N/A
Coins
N/A

Official EasyMarkets Registration

EasyMarkets Forex Broker Review 2020
EasyMarkets Review: brokers website

New EasyMarkets broker review – updated July 7th, 2020.

EasyMarkets is a platform that lets users trade CFDs on products, currencies, indices, forex, shares and cryptocurrency. This review will emphasize the type of attributes easyMarkets provides, such as the types of account available, whether there are demo accounts available and the way the trading system works. Any current bonus offers will be looked at, as well as the comparison of key components of the service to its rival companies.

EasyMarkets review
Business Info

Launched in 2001, easyMarkets is controlled in tier-1 and tier-2 jurisdictions, so it’s a safe to choose for both CFD and forex trading. The brand is famous for its online service that has been developed with user experience in mind.

All in all, the company has a fantastic reputation, especially among those that are new to trading. EasyMarkets is also renowned for its beginner-friendly features such as a very low freeze rate and cancellation of the deal.

EasyMarkets review
Trading Platform

EasyMarkets provides users a selection of 2 platforms: its proprietary platform, which is web based (HTML5) and MetaTrader 4 (MT4).

The brand’s own platform is pretty simple and includes a cleanliness that is beneficial in keeping users concentrated on trading. But, it might not be quite enough to meet more demanding or knowledgeable dealers.

On the flip side, MetaTrader 4 is among those go-to platforms for internet trading, and thus has an exceptional reputation. It enables users to just log on through the easyMarkets sites and start trading immediately, without the need to download any extra programs or softwares.

EasyMarkets review
Assets/Markets

EasyMarkets has lots of investments and assets to select from. But it is worth mentioning that the tools offeedr will change dependent on the dealer’s country of current residence – maybe not all tools will be accessible to clients. Currently, easyMarkets offers opportunities to exchange at the following markets:

  • Forex
  • Currency pairs
  • CFDs
  • Social trading
  • Cryptocurrency (traded as CFD)

EasyMarkets review
Spreads & Commission

Commission percentage on easyMarkets is fairly low for Forex dealers, and also usually hovers around the market average on CFD trades.

Trading prices may vary based on the kind of account that the consumer opts for, and also spreads are fixed across the internet platform and MT4.

Standard accounts provide 1 pip fixed spreads on EUR/USD on easyMarkets’ platform, compared to 3 pips through the MT4 account. In this regard, easyMarkets is a pretty decent supplier to trade with.

EasyMarkets review
Fees

Spreads and pricing are all transparent and publicly accessible for users to test (Some are recorded in our information panel on this review). Dealers using the Pro or VIP accounts can be certain they get the lowest possible spreads, so making certain that they receive the lowest trading costs possible.

EasyMarkets review
Leverage

The leverage prices vary based on the character of the transaction being contemplated. Including major trading pairs like EUR/USD, most big Forex pairs have a leverage of an automatic 1:30. This leverage amount is enforced by regulations and is normally the same for the majority of the renown, controlled agents.

Leverage is put in 1:20 for less commonly traded pairs (called small Forex pairs). Amongst them are AUD/CAD, EUR/AUD, EUR/NOK, EUR/PLN, NZD/USD and UDS/SGD.

Leverage for metals is is 1:20 when it comes to XAUGGBP, XAUEUR and XAUUSD. For XAGUSD and XAGEUR, the leverage is 1:10.

Leverage can also be provided on several indices (for instance, 1:5 on USTech100).

Please be aware that leverage is not automatically consented upon. EasyMarkets will have to agree upon leverage dependent on the preceding trading record of an individual, their personal expertise, client loyalty and other different aspects.

EasyMarkets Forex Broker Review

EasyMarkets review
Mobile Applications

EasyMarkets has its very own dedicated application for Android and iOS, which may be downloaded directly from easyMarkets website or in the Google Play Store and Apple App Store.

The app delivers the exact same kind of clean, fresh layout that mirrors its online counterpart. It features the exact same syncing view list as the site.

Charting is powered through the Trading View part of the smartphone app, which features the same signs (81 all in all) the internet edition of this easyMarkets platform provides.

The same as the internet version, the program lets users trade through MetaTrader 4. All of MT4 options are available, allowing for successful trading on the go.

However,the app does not provide the improved performance which MT5 provides. This may be a drawback for customers that are interested in being able to get MT5 while on-the-go but need to contend with MT4 as part of easyMarkets’ providing.

The app provides users with all the following attributes:

  • Trading (Forex, CFDs)
  • Basic alarms
  • Watch list
  • Syncing with on-line accounts
  • 30 graphs with indicators and research
  • Draw trend lines
  • Moveable trend lines
  • Multiple time frames
  • Forex calendar

EasyMarkets review
Payment Procedures

Deposits

EasyMarkets allows a large number of online banking options for payment, which makes it approachable for use for customers all over the world.

Options for bank payment include SOFORT, Bpay and Giropay, and eWallets such as Neteller, Skrill, Webmone, iDEAL and Fasapay are accessible for depositing money.

Users may also elect to utilize bank transfers for withdrawals and deposits, although these can take up to 3 working days. Most deposit methods are processed immediately, and there are zero commission charges for financing your account.

In accord with regulatory practices, account holders have to be verified prior to any payments are accepted.

When a credit card is used to finance the accounts, easyMarkets may need additional documentation.

Withdrawals

Much like deposits, easyMarkets offers a number of approaches to withdraw money.

But, withdrawals should be done exactly the same way as the first deposit.

The minimum withdrawal amount is £50. Payments are processed immediately through the easyMarkets platform. All withdrawals are properly recorded, enabling users to keep tabs.

EasyMarkets doesn’t now charge withdrawal fees, which makes it an attractive option for traders around the globe. The brand is continually incorporating new currencies, and clients are invited to test through the official site to confirm if they can make a withdrawal in their currency of choice.

EasyMarkets review
Demo accounts

EasyMarkets offers customers a demo account that permits them to try out their trading skills before investing their money.

Since Forex is traditionally regarded as a risky way of trading, new consumers are invited to put their abilities to the test with the easyMarkets’ free demo mode.

Demo accounts come pre-loaded with 10,000 in virtual pounds, which may be traded in the exact same fashion as actual money. There are no limitations on the demo accounts, and the concept is to supply users with as precise an idea of how the real thing works.

EasyMarkets review
Promotions & Deals

EasyMarkets enjoys to provide promotions and bonuses for its customers to express gratitude for their patronage. However, users inside the EU must bear in mind that these bonuses aren’t given to them. That is so EasyMarkets falls in accordance with the regulatory requirements of CySec.

Non-EU new customers get a deposit bonus up to 50 percent on their first deposit. Minimum deposits are £100, with a £30 minimum credit bonus. Users that create a deposit between £200 and £1000 will get the entire 50% bonus. A maximum of £2000 could be obtained because of this offer.

EasyMarkets also provides a “refer a friend” promo. Users may get around £750 in their easyMarkets account whenever they refer friends to the agent via email or social media platforms.

To be eligible, the user needs to create an account through the referral link and then also fund the account with £100. This does not for Pakistan residents.

Among the more intriguing promotional options of easyMarkets is the “Learn Centre” part of the site.

This was created particularly to assist traders gain advice, knowledge and approaches to assist them make the ideal trading decisions.

The “Getting Started” section contains 4 videos that deal with the principles of trading like leverage, pips and currency pairs. Every video is loud, clear and exact, featuring animation and expert presentation.

For all those that have a bit more expertise, the “Discover” segment looks at assets that are popular and explains concepts, terminologies and trading background.

Registered users gain access to 10 downloadable eBooks, which may be read on smartphones, kindlestablets and desktop devices. They concentrate on everything, from technical analysis to psychology.

There’s also a knowledge base that may be easily browsed, which concentrates on various trading platforms and evaluation, complete with comprehensive explanations of choices, indicators and other trading terms.

EasyMarkets review
Regulation & Licensing

EasyMarkets is governed by CySec (the monetary regulation body for Cyprus), in addition to the FCA in the United Kingdom. It is also regulated by Australia’s ASIC (the Australian Securities & Investments Commission).

So as to be controlled by each one of those governments, easyMarkets has needed to establish an exceptionally large degree of equity, transparency, honest trading and complete financial responsibility.

Complete Legislation Details

Its license number is 07907 and was granted on May 29th, 2007. The brand is registered with CySec as Easy Forex Trading Ltd.

EasyMarkets Review: Legislation Details

EasyMarkets review
Additional Capabilities

EasyMarkets also includes a multitude of special features, many of which make the trading process considerably easier – especially for inexperienced dealers and novices.

For instance, the easyTrade tool is useful for enabling users to establish their risk limitations, durations of trade and possible payouts. This permits users to increase leverage, risk and gains. Trades are activated with a simple feature – up or down buttons, which makes it helpful for busy day dealers.

Another helpful tool is dealCancellation. This allows losing transactions to be cancelled within the hour. When a trade is cancelled, the sum that was risked by the consumer is returned to their account. However, users must bear in mind that this attribute can be obtained for a fee and doesn’t arrive as part of their usual easyMarkets setup.

Freeze Rate is a tool that enables users to suspend onscreen rates for a few seconds, letting them trade at the frozen price. This is very valuable for day traders working in risky markets, as every second counts and also the worth of a transaction can change within a brief timeframe.

Information-wise, easyMarkets has a lot to offer, such as the most recent news reports (as all seasoned dealers understand, news reports can greatly impact trading) along with a fiscal calendar. These attributes are important for real time analysis and can help maximise gains.

EasyMarkets review
Account Types

EasyMarkets provides many distinct kinds of accounts based on trading funds, trading system of choice, spreads etc. Every user is assigned their personal account manager.

  • Standard account: The minimum opening balance for this account is £100. Standard accounts have a fixed EUR/USD spread of 3 pips.
  • Premium account: Consumers that opt to get a premium account will be given a EUR/USD spread of 2.5 pips. An opening balance of £1000 is needed to start a premium account. Minimum trade sizes are 0.5 around the internet and on easyMarkets proprietary stage, but 0.05 on the MT4.
  • VIP account: This account comes with a EUR/USD spread of 1.8 pips. To be eligible for a VIP account, users need to make a first deposit of min £2,500.
  • Super VIP account: The standard EUR/USD spread using a Super VIP account can be as low as 1.2 pips. Consumers have to create an initial minimum deposit of £50,000 to quality to get a Super VIP account. Minimum trade volumes are negotiable.
  • Demo accoutn: It’s encouraged for new dealers that are starting out. In addition, it can be useful for experienced traders who wish to test various approaches, or for people who merely want to test the easyMarkets platform. The account comes with £10k in virtual funds.

EasyMarkets review
Benefits

  • Trustworthy platform
  • Plenty of different tools to select from
  • Simple mobile trading
  • Free study tools
  • As much as 50% deposit bonus for new dealers (non-EU only)
  • Fixed spreads
  • No commission
  • Reactive customer care
  • Sophisticated trading platform with great attributes

EasyMarkets review
Drawbacks

  • High spreads when compared with other brokers
  • No services to customers in the United States
  • No accessible cent account
  • Lacks Forex and VPS calculators

EasyMarkets review
Trading Hours

The easyMarkets website and application is available 24 hours per day, 7 days per week, 365 days annually.

But, it is important not to forget that not all markets are available daily, every day. It follows that trading is limited to the hours when markets that you would like to exchange inside are available.

For instance, in GMT the New York Forex market works from 9am to 5pm. In London, this translates to 3am to midday. In Tokyo, it is 7pm to 4am.

EasyMarkets review
Contact Details/Client Service

The contact/customer support stations available are:

  • Facebook chat
  • WhatsApp chat
  • Live internet chat
  • Mail: [email protected] or [email protected]
  • Telephone: +181 93071000
  • Ask for a call back: through the easyMarkets site, users can input their information and ask that a representative gets connected with them (via email or telephone)

EasyMarkets’ online chat workers are amazingly responsive, and usually respond within 20 minutes. Online helpers are educated and ready to assist. Emails get a reply within 2 or 3 hours.

EasyMarkets review
Safety & Security

A mixture of regulation and in-house IT security protocols guarantee that private data and financing are totally safe with easyMarkets. The website utilizes encryption that means data can not be intercepted by hackers.

Customer funds are segregated in different accounts in top-tier banks and customers are registered according to investor compensation fund protocols. It follows that traders who select easyMarkets are extremely well-protected overall.

Total Verdict

As a renowned broker with nearly twenty decades of trading experience under its belt, easyMarkets is a straightforward but welcome platform that provides several benefits over its rivals.

It’s controlled by different financial conduct governments around the globe. This offer its users reassurance and security. In addition, it shows that easyMarkets is prepared to function in a responsible and transparent way.

Concerning usability, the website has a significant emphasis on enabling users to efficiently navigate while making transactions. The platform itself has a comparatively great assortment of various accounts and tools to pick from. No matter which kind of trader you’re, you ought to find something here to match – and possibly exceed – your own requirements.

EasyMarkets review
Crucial Details

No. of Forex pairs: 81
GBPUSD Spread: Variable (determined by account)
EURUSD Spread: Variable (determined by account)
GBPEUR Spread: Variable (determined by account)
Leverage limitations (Regulated and non-regulated if different): 1:30 (EU), 1:400 (Non-EU)
Losing trader percent: 74 percent

Accepted Countries

easyMarkets accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other states.

Traders can’t use easyMarkets in United States of America, Israel, Iran, Iraq, Canada.

easyMarkets Broker Review

CLAIM OWNERSHIP

If you are the owner of this platform you can manage this account. First you need to claim the ownership of the platform.

easyMarkets Broker Review
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