You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. EasyMarkets prioritizes the security of its clients by adhering to regulatory standards. The broker is regulated by reputable authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). Regulatory compliance instills confidence in traders regarding the safety of their funds and the reliability of EasyMarkets. There is a wide variety of resources on offer such as an extensive education centre that allows you to develop your trading skills, especially if you are a complete beginner.
EasyMarkets Fees
I would like to see easyMarkets also offer MT5 just like many other brokers do including Admirals who have both MetaTrader platforms. Our expert review of easyMarkets found a well-regulated forex broker with a strong reputation and track record. EasyMarkets was founded in 2001 and values simplicity, honesty, and transparency. By providing low minimum deposits, competitive fees, multiple payment methods, and various account types, easyMarkets have achieved their goal of making trading accessible to all.
Forex Risk Disclaimer
- Besides, they’ve been excellent in their 24/5 customer support via phone, email, and live chat.
- Remember – there’s a difference between trading U.S. stocks as CFDs (tradeable instruments that track the price of an underlying security or asset) and being able to own the underlying stock.
- Not all brokers offer this and those that do may charge an additional fee when you place these.
- Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004.
The easyMarkets web platform is accessible directly through your browser. This is advantageous as it requires no software to be installed and ensures you will always be running the latest version. 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.
Client Support
You’ll find a “Getting Started” section, a “Discover” series, free eBooks, Knowledge Base, a Trading Glossary, a description of the key economic indicators and detailed FAQs. These materials cover a wide variety of topics from reading a stock chart to trading strategies. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Just joined recently and was having difficulty getting the account funded. Upon contacting customer service I was helped by Nantia who was absolutely fantastic.
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. EasyMarkets have an integrated financial calendar within the platform so that you can easily keep up to date with the latest financial releases. MT4 has a wide range of built-in technical indicators for analysing charts on multiple timeframes. You can load pre-set trading strategy templates or create your own and save them for future use.
Keeping true to the «easy» mantra, the easyTrade feature is perhaps one of the simplest ways for a new trader to start using the broker. From a technical perspective, this is very much the same as a vanilla option. Given the unique nature of these instruments, easyMarkets has developed their own unique trading platform to manage them.
They also offer traders the security of trading with a regulated broker. All of these features and more makes easyMarkets a good broker for beginners and pros alike. EasyMarkets has earned its reputation as a user-friendly and accessible forex broker, providing traders with a straightforward and transparent trading experience. In this comprehensive review, we’ll delve into the key features, trading platforms, and overall appeal that make EasyMarkets a notable choice for traders of all experience levels.
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. You can choose from over 150+ markets with the simple day trading tickets. Features include the ability to cancel a losing trade within an hour for a small fee using dealCancellation. The FreezeRate feature allows you to freeze prices to place your trade at the price that you want.
Just keep in mind that demo trading conditions can differ from a live trading account. I experienced this when I tried to switch my scalping strategy from the demo to live account. They didn’t have a problem with me trading the strategy on demo but prevented me from using the same strategy on a real account.
If your country is not accepted, you can find an alternative option on our broker ratings. IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, and industry-leading education. Well, if you are looking for a regulated broker with low spreads, great trading tech and a well established reputation then it https://traderoom.info/ is definitely worth considering. 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.
You also have the option to join some chat groups with other traders. This can be great for those who prefer the more interpersonal method of learning with fellow traders. easymarkets broker review Finally, there is also an option to view all of the upcoming events. It’s always great when a broker provides additional educational resources to their traders.