EasyMarkets offers excellent 24/5 customer service through email and live chat. I really appreciate that the demo account has no time limit, unlike most brokers we’ve tested, which restrict access to 30 days. If you prefer to download offline content to read later then there is an extensive range of eBooks.
Is easyMarkets legit or a scam? – Conclusion of the review: A reliable broker
- Most other platforms that we have seen have a limited subset of option expiry dates (monthly, quarterly or yearly).
- Of course, those assets that are more volatile will have a lower leverage limit.
- EasyMarkets adjusts dividends based on traders’ positions (long or buy) and accordingly credits or debits the trader.
- You’ll also find MetaTrader 4 and easyMarkets’ own web-based and mobile platforms at your fingertips.
- The platform is loaded with great features that can significantly improve your trading efficiency and performance.
- Easy Markets is regulated by well-known authorities in the financial world, providing a sense of security for traders.
This means that you will be trading with leverage and can magnify your gains / losses. Now, we did notice that these crypto spreads were a bit higher than on crypto derivative exchanges such as ByBit and PrimeXBT. However, the instruments on these crypto exchange are futures instruments that charge a commission (where easyMarkets charges none). When it comes to easyMarket’s spreads, they differ quite a bit and will depend on a few factors. This includes things such as your account, the platform used and the asset / instrument traded. This is perhaps one of the most important questions that anyone can ask about a broker.
Professional Charting and Analysis is possible
Some users have criticized the platform for lacking more “modern” assets like cryptocurrencies, or more advanced trading features. Others mention recurring bugs on the mobile app, or occasional issues with order execution or latency. Some clients also complain about the slowness in processing certain operations, especially when requesting securities account transfers. MT4 is the world’s most famous trading platform also known as the Metatrader4. Not only popular amount professional traders but also among newbie investors seeking the presence of all tools on one platform.
The easyMarkets Learn Center offers video courses and knowledge tests on market analysis, trading strategies, and financial instruments. Additionally, free eBooks on technical analysis, trading psychology, and guides for platforms like MT4 and the easyMarkets app are available to help enhance your trading skills. EasyBourse offers a simple, clear, and entirely spot-investment-oriented offering. The broker allows the opening of different types of regulated accounts in the United States, including a standard securities account (CTO), a classic PEA, a PEA-PME, and a PEA Jeunes. However, it offers neither demo accounts, copy trading functionalities, nor access to derivative or leveraged markets.
Is my money safe with easyMarkets?
For leveraged exposure, it is necessary to go through stock market products such as turbos or certificates. Good customer service with always ready to give support, not in just one language, but multiple languages so you don’t need to stress out about communication. Here is the exact role of client support to which easyMarkets pays great attention as they’ve always been seeking the provision of the best customer experience in trading. Credit or debit cards include options like VISA, MasterCard, Maestro, and AstroPay where you can instantly deposit and withdraw money. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.
Deposits can be instant on the trading platform with electronic methods. 1) You must have carried out transactions, of significant size, on the relevant market at an average frequency of 10 per quarter over the previous four quarters. 3) You have worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services.
What methods can I use to deposit funds into my easyMarkets account?
- This regulation makes Easy Markets a trustworthy option for traders of all experience levels.
- EasyMarkets offers a range of educational materials to support traders at every level.
- Apart from the above, the accounts don’t seem to differ that much at all.
- It has garnered a strong reputation within the financial industry over the years, making it a popular choice among traders around the world.
- With STP (Straight Through Processing) brokers, your orders are routed straight to the liquidity providers.
This app provides access to a range of advanced trading features, allowing easyMarkets traders to stay on top of their trades and react quickly to changes in the market. With the easyMarkets MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market. 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. EasyMarkets offers commission-free trading with fixed spreads starting from 0.8 pips on its standard account using the broker’s proprietary platform.
Then you also have a premium account that requires a deposit of $2,000 and a VIP account which requires $10,000. Forwards are some of the most popular financial instruments used by large institutions in order to hedge out the risk of future currency deals. They are also used by speculators to bet on the price of a currency in the future. Given the unique nature of these instruments, easyMarkets has developed their own unique trading platform to manage them. For those of you who like to trade slightly more exotic instruments, easyMarkets has their own entire vanilla option offering.
Dive into our informative easyMarkets Vs pages below to find out how easyMarkets stacks up against other leading brokers. It’s worth noting that the expiration date of the proof of address document may differ for different entities under easyMarkets Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you’ve passed compliance, you can start exploring easyMarkets’s platform. Explore the easyMarkets platform and train yourself to think systematically and logically about the markets.
The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment. It’s essential to note that the trading instruments offered under the easyMarkets brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments.
Does easyMarkets have social media channels?
Traders can apply for swap-free accounts by submitting a request form to cs@easymarkets.com. The demo account comes with $10,000 in virtual funds that can be used for risk-free trading. Of course, to trade for real money, easyMarkets clients easymarkets broker need to complete their registration on the broker’s website and switch to a live account. The site allows users to effortlessly transition from demo to live accounts from the main menu located in the upper right corner. This is great news for those who wish to test new trading strategies with zero risk exposure. Customers of easyMarkets have the option to install MT4’s more advanced successor on their desktop computers or mobile devices.
EasyMarkets offers a small but practical selection of CFDs, options and forwards that has grown over the years. Although easyMarkets doesn’t charge for withdrawals, you may encounter fees from third-party processors when using crypto or e-wallets. The easyMarkets demo account is a fantastic way to get familiar with the platform.
All BrokerNotes content is researched, fact-checked, and edited by the research team. EasyMarkets supports a range of funding methods including bank wires, Neteller, credit cards, and Skrill. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl. He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family. If you do need to get in contact with easyMarkets support team, you will find them readily available in English through live chat, email, or phone. EasyMarkets adjusts dividends based on traders’ positions (long or buy) and accordingly credits or debits the trader.
Operating under strict regulatory frameworks, easyMarkets tries to provide a secure and transparent trading environment, instilling confidence in traders and ensuring the safety of their funds. The platform’s numerous international awards further validate its excellence and commitment to delivering top-quality services. In conclusion, easyMarkets stands as a reputable and reliable forex trading platform that has successfully carved its niche in the industry. With a strong emphasis on simplicity, innovation, and customer satisfaction, easyMarkets has earned the trust of traders worldwide.
If you’re looking for a reliable and secure trading platform to begin your trading journey, Easy Markets offers all the essential features you need to succeed. Easy Markets provides transparent pricing, with a range of commission structures depending on the account type. The broker does not charge a deposit fee, but withdrawal fees may apply for certain payment methods. Beginner traders will appreciate the relatively low spreads and zero commission on the Standard account. EasyMarkets offers an extremely competitive and transparent pricing structure, with fixed spreads starting as low as 0.7 pips on major currency pairs. With no commissions or account fees, traders can accurately forecast their trading costs.
Such measures guarantee the security of clients’ investments and significantly reduce the risk of losses beyond their initial investment. Every company within the easyMarkets group offers Negative Balance Protection to all clients, ensuring that traders can never lose more money than their initial deposit. Established in 2001, easyMarkets is a reputable global brokerage firm that specialises in online Forex and CFD trading. It has garnered a strong reputation within the financial industry over the years, making it a popular choice among traders around the world. EasyMarkets provides long-term investments only through vanilla options and forwards that have timeframe options from 1 day to 6 months.