EASYMARKETS REVIEW

EasyMarkets is a popular online trading platform that allows individuals to trade a range of financial instruments such as currencies, commodities, indices, and shares. Established in 2001, the platform has since become a trusted name in the industry.

easy markets

RATING

4.7/5

4.7/5

FOUNDING YEAR

2001

MINIMUM DEPOSIT

$100

ABOUT EASYMARKETS

EasyMarkets is a popular online trading platform that allows individuals to trade a range of financial instruments such as currencies, commodities, indices, and shares. Established in 2001, the platform has since become a trusted name in the industry, offering a user-friendly interface and a wide range of educational resources to help traders make informed decisions.

One of the key features of EasyMarkets is its emphasis on customer support. The platform provides a dedicated account manager to each trader, who is available to answer any questions and provide guidance on trading strategies. Additionally, the platform offers 24/7 support through phone, email, and live chat, ensuring that traders always have access to assistance when they need it.

Easy Markets also boasts a range of innovative tools designed to make trading easier and more efficient. For example, the platform offers a unique feature called “dealCancellation”, which allows traders to cancel a losing trade within 60 minutes and receive a refund of their losses. This feature helps to mitigate risk and provides traders with an extra layer of protection.

Founding Year Years 2001
Regulated Yes Yes
Rating Yes 4.7/5
Minimum Deposit dollars $100

EASYMARKETS REGULATIONS

EasyMarkets is a regulated broker that provides online trading services for various financial instruments, including forex, commodities, indices, and shares.

The company is licensed and regulated by multiple regulatory bodies, including the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC), which are recognized as reputable regulators in the financial industry.

EasyMarkets’ regulatory framework ensures that the company operates in compliance with strict standards and guidelines designed to protect traders’ interests. This includes maintaining adequate levels of capitalization, segregating client funds, implementing strict risk management and compliance procedures, and providing transparent pricing and execution.

COUNTRY AUTHORITY
Australia Australia Australian Securities and Investments Commission (ASIC)
Cyprus Cyprus Cyprus Securities and Exchange Commission (CySEC)

EASYMARKETS ACCOUNT TYPES

EasyMarkets offers three types of trading accounts to its clients: Standard, Premium, and VIP. Each account type offers unique features and benefits to cater to different trading needs and preferences.

The Standard account is the most basic account type and requires a minimum deposit of $100. This account type offers fixed spreads, negative balance protection, and no commissions on trades. Traders can access a wide range of financial instruments, including forex, commodities, and indices, and can trade using the MetaTrader 4 platform or EasyMarkets’ proprietary web-based platform.

The Premium account is designed for more experienced traders who require additional features and benefits. This account type requires a minimum deposit of $2,500 and offers tighter spreads, a dedicated account manager, and free trading signals. Additionally, Premium account holders have access to a range of educational resources and trading tools, including exclusive webinars and seminars.

The VIP account is the most exclusive account type and is designed for high-volume traders. This account type requires a minimum deposit of $10,000 and offers the tightest spreads, a personal VIP dealer, and free access to advanced trading tools and resources. VIP account holders also have access to exclusive events and promotions, as well as priority customer support.

EASYMARKETS TRADING PLATFORMS

EasyMarkets offers its clients access to a range of trading platforms, including the popular MetaTrader 4 & 5  platforms and its proprietary web-based platform. The MetaTrader 4 platform is a widely used trading platform that provides traders with advanced charting capabilities, automated trading tools, and customizable indicators. It is available for download on desktop and mobile devices, allowing traders to access the markets at any time and from anywhere.

In addition to the MetaTrader 4 & 5 platforms, EasyMarkets also offers its proprietary web-based platform, which is designed to provide traders with a user-friendly and intuitive trading experience. The platform features advanced charting capabilities, risk management tools, and a wide range of educational resources to help traders make informed trading decisions. The platform is also accessible from any web browser, without the need for any downloads or installations.

One of the unique features of EasyMarkets’ proprietary platform is the “dealCancellation” tool, which allows traders to cancel a losing trade within 60 minutes and receive a refund of their losses. This feature provides an extra layer of protection for traders and helps to mitigate risk.

Overall, EasyMarkets provides its clients with a range of advanced and user-friendly trading platforms to choose from, ensuring that traders can access the markets in a way that best suits their needs and preferences.

PLATFORM AVAILABILITY
Proprietary Platform Yes Yes
MT4/MT5 (Windows/MAC) Yes Yes
Mobile Platform (Android/IOS) Yes Yes

EASYMARKETS LEVERAGE

EasyMarkets offers flexible leverage options for its clients, allowing traders to access the markets with increased buying power. The leverage options available may vary depending on the financial instrument being traded.

For forex trading, EasyMarkets offers leverage up to 1:400, which allows traders to control positions up to 400 times the amount of their initial investment. This means that traders can potentially make larger profits from smaller market movements. However, it is important to note that higher leverage also increases the risk of losses, and traders should always exercise caution when using leverage.

For trading commodities, EasyMarkets offers leverage up to 1:200, providing traders with increased buying power to trade popular commodities such as gold, silver, and oil. Similarly, for trading indices, EasyMarkets offers leverage up to 1:200, allowing traders to access popular indices such as the S&P 500 and the FTSE 100 with increased buying power.

For share trading, EasyMarkets offers a maximum leverage of 1:20, which is lower than the leverage offered for other financial instruments. This is because share trading typically involves lower volatility compared to other financial instruments, and as such, traders can benefit from lower leverage while still being able to take advantage of market movements. The maximum leverage for cryptocurrency trading is up to 1:10, allowing traders to potentially increase their buying power and profits from smaller market movements.

PRODUCT MAX LEVERAGE
FOREX 1:400
COMMODITIES 1:200
CRYPTO 20:1

EASYMARKETS PRODUCTS

EasyMarkets offers its clients a variety of financial products for trading, including forex, commodities, indices, shares, and cryptocurrencies. Traders can access a wide range of currency pairs for forex trading, including major, minor, and exotic pairs. Popular commodities such as gold, silver, oil, and natural gas are available for trading, as well as soft commodities like cocoa, coffee, and sugar. Indices trading is also available, with access to popular indices like the S&P 500, NASDAQ, and FTSE 100. 

Share trading is available on some of the world’s most popular stock exchanges, including the NYSE, NASDAQ, and LSE. Finally, cryptocurrency trading is available for popular digital currencies such as Bitcoin, Ethereum, Ripple, and more.

PRODUCTS AVAILABILITY
Multi Assets Yes Yes
Forex Yes Yes
Crypto Yes Yes
CFD Stocks Yes Yes
CFD Indices Yes Yes

EASYMARKETS SPREAD AND COMMISSION

EasyMarkets charges its clients with a transparent fee structure, with spreads and commissions varying depending on the financial product being traded.

For forex trading, EasyMarkets charges fixed spreads, which means that the spread remains the same regardless of market conditions. EasyMarkets offers competitive spreads starting from as low as 0.9 pips for major currency pairs.

Commodity trading on EasyMarkets is also subject to fixed spreads, with spreads starting from as low as 0.03 pips for gold and 0.04 pips for oil. EasyMarkets does not charge any commission for commodity trading.

For indices trading, EasyMarkets offers fixed spreads starting from 0.2 pips for the S&P 500 and 0.5 pips for the NASDAQ. Similar to commodity trading, there are no commissions charged for trading indices. Share trading on EasyMarkets is subject to a commission charge, with a minimum commission of $25 per trade. The commission rate varies depending on the share being traded and the size of the trade.

Finally, for cryptocurrency trading, EasyMarkets charges fixed spreads starting from as low as 0.6 pips for Bitcoin and 0.9 pips for Ethereum. There are no commissions charged for cryptocurrency trading.

Overall, EasyMarkets provides a transparent fee structure for its clients, with competitive fixed spreads for forex, commodity, and cryptocurrency trading, no commissions for commodity and indices trading, and a commission charge for share trading.

PRODUCT SPREAD RANGE
Forex 0.7 - 1.2
Commodities 0.3 - 2.5
Indices 1 - 2.0

EASYMARKETS DEPOSIT AND WITHDRAWAL METHODS

EasyMarkets offers its clients a variety of deposit and withdrawal methods to choose from, providing flexibility and convenience when managing funds. Deposit methods include credit/debit cards, bank transfers, and e-wallets such as Neteller, Skrill, and FasaPay. 

EasyMarkets offers its clients a variety of deposit and withdrawal methods to choose from, providing flexibility and convenience when managing funds. Deposit methods include credit/debit cards, bank transfers, and e-wallets such as Neteller, Skrill, and FasaPay. The minimum deposit requirement varies depending on the account type, with a minimum deposit of $100 for the Standard account, $2,500 for the Premium account, and $10,000 for the VIP account.

EasyMarkets does not charge any fees for deposits, regardless of the deposit method chosen. However, traders should be aware that some payment providers may charge fees for deposits, and these fees are not within the control of EasyMarkets.

Withdrawals can be made using the same methods as deposits, and EasyMarkets aims to process all withdrawal requests within 24 hours. There are no fees charged for withdrawals, although traders should be aware that some banks or payment providers may charge fees for processing withdrawals.

EasyMarkets accepts cryptocurrency deposits, allowing traders to fund their accounts using Bitcoin, Ethereum, or Tether. However, traders should note that cryptocurrency deposits are subject to certain restrictions, and the deposit and withdrawal processing times may be longer compared to other deposit methods.

METHOD AVAILABILITY
Credit/Debit Card Yes Yes
Wire Transfer Yes Yes
E-Wallets Yes Yes
Crypto No No

EASYMARKETS REVIEW SUMMARY

EasyMarkets is a reputable and reliable broker that provides a transparent and secure trading environment for its clients. With multiple regulatory licenses, including CySEC and ASIC, traders can be assured of a trustworthy and reputable trading platform. Although it does not have a European regulation, the platform’s commitment to regulation and negative balance protection makes it a reputable choice for traders.

EasyMarkets offers a diverse range of financial products for trading, including forex, commodities, indices, shares, and cryptocurrencies. With competitive spreads and flexible leverage options, traders can access a range of financial instruments in a way that best suits their needs and preferences. Additionally, the platform accepts cryptocurrency deposits, providing traders with a convenient and flexible way to manage their funds.

EasyMarkets provides its clients with a range of advanced and user-friendly trading platforms to choose from, including the popular MetaTrader 4 platform and its proprietary web-based platform. The platform also offers a range of educational resources and trading tools, although some traders may find the education section to be on the lower side.

for improvement in certain areas, such as the education section, the platform’s commitment to regulation and transparency makes it a positive choice for traders looking for a reliable trading platform.

 

EASYMARKETS PROS AND CONS

Yes Pros No Cons
Multi Asset No Copy Trading
Multi Regulated
Comprehensive Education
Low Minimum Deposit
Huge List of Instruments
Low Spread
Proprietary Platform