Forex Trading

easyMarkets Review, Rating and Awards 2023

brokers
vanilla options

Here traders can set their strike price, expiration date, trade volume and then choose if the price will go up or down. The displayed premium price is deducted from the trader’s account once the options are purchased. If he is wrong, he losses the premium and if he is right, he makes a profit. VIP account – A VIP account comes with all the benefits previously mentioned, but the minimum first deposit is $10,000 and fixed spreads start from 0.9 pips on EUR/USD.

currency pairs

You will have ur self to blame after reading this and still continue trading with this easymarket, they are just “easy fraud”. Please don’t trust them with your funds they will reap your hard earn money and profits. My account because they already knew I can never work for them again. So now they have successfully defraud me of my commission and my client profit. I will make sure na any other person falls victim of your tricks and frauds.

If you want to start trading with easyMarkets, you need to sign up for a new account by clicking on the ‘sign up’ button found on the website. A short form displays; enter your email, password, phone number and click ‘sign up’. Alternatively, if you have a Google or Facebook account, you can import your profile info into easyMarkets by clicking the appropriate button and signing into your account. Immediately, you will be logged into the online platform where you are required to fill other forms, make a deposit and start trading. EasyMarkets is currently the official global trading partner of the Spanish football giants; Real Madrid Football Club.

The main draw for beginner traders is easyMarkets’ well-designed trading platform, which integrates with TradingView and comes with all the tools mentioned above. EasyMarkets’ also offers the MT4 and MT5 platforms, providing traders with ample choice. While easy forex trading with easyMarkets platform, you always have the chance to boost your trading skills by accessing helpful educational resources through the trading platform and its account. The whole research section is divided into six categories, all serving to the same purpose of making your trade convenient. Forex trading has improved the lives of many, if not all, by providing them with numerous investment opportunities to increase their wealth. Moreover, the high levels of liquidity and leverage have attracted investors from all walks of life to forex trading.

Trading Conditions and Platforms

There are also guaranteed stop loss and take profit options with tight fixed spreads. Traders can access vanilla options, Forex forward orders and pending orders on the proprietary trading platform. As for CFDs, there are multiple global market indices, energy commodities, and soft commodities available.

easy markets

EasyMarkets telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the easyMarkets call centre to give or take information. You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets. # market, limit, stop, stop limit, Good until end of day / canceled. Although easyMarkets has a lot of good points easyMarkets does not offer the below.

easyMarkets portfolios

Email support functions well but takes a little time to get back to you with relevant answers. Discover Series is a collection of engaging and informative videos about the most popular instruments and trading psychology. EasyMarkets Academy provides free of charge CFD trading education courses. The brand has gathered 37 international awards and some of it named it “Most Transparent Broker”. EasyMarkets has been standing on its core values of simple, honest, and transparent CFD Broker and we can definitely say that it is a legit, trusted, and reliable broker. ‘Sell Limit’ opens a sell order when the instrument’s price reaches the level set.

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. EAs are Expert Advisors which are basically just trading bots that are developed for MT4s. They are coded in MQL which is the proprietary language on the MetaTrader platform.

By 2012 full Android and iOS compatibility was adopted for all easymarkets broker review, FX and Vanilla Options trading. In 2013, easyMarkets claims to have conducted $1.5 trillion in trading volumes and in the same year it hosted a ‘Win $1 Million Trading Competition’. For CFD traders the big change came in 2014 when some 322 markets across the board were open for trade. In 2015, the highly anticipated easyMarkets Beta platform was launched, and in 2016 dealCancellation was activated. The standout features from my perspective are the user-friendly platforms, innovative trade management features, range of markets available to trade and account funding options. I like how they have been around for a long time and established themselves as an innovative broker with unique features not available elsewhere.

In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like easyMarkets. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on easyMarkets. As there are a number of tradable financial instruments available on the easyMarkets trading platform. Before investing in the easyMarkets platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools.

https://traderoom.info/Trade – Perhaps the most innovative of all of easyMarkets’ tools, easyTrade allows you to trade without margin requirements and spreads. It also allows you to set a risk amount before you trade to protect your balance. As you can probably tell from our easyMarkets review so far, this broker provides you with a range of unique tools and conditions. These are all proprietary innovations, which have been created to enhance your trading experience. Below, we’ve listed some of the most important features you can benefit from.

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There’s absolutely no minimum time over which a trade must be kept available. The agents offer premium customer service which rewards clients with advantages. The educational department at easyMarkets is very comprehensive for new dealers since it permits them to get a closer look at the financial markets. EasyMarkets caters to all sorts of traders and are a must-have broker for any well-diversified method of online trading. When engaging in online trading with platforms such as easyMarkets, it’s crucial to carefully assess easyMarkets as your broker, as this choice can greatly influence your success.

  • Additionally, it provides access to 3 chart types, 10 timeframes and also some technical indicators.
  • A market order usually ensures an execution, but it does not guarantee a specified price.
  • If he is wrong, he losses the premium and if he is right, he makes a profit.
  • EasyMarkets was established in 2001 under the name easy-forex.

The demo trading account requires traders to complete the same disclosure form. The trading platforms include the proprietary easyMarkets platform and the MT4 platform tailored to easyMarkets. Key events in the company’s growth and development include the 2001 launch of its online trading platform. This was followed by the introduction of freeze rates in 2004, Australian licensing in 2004 , a comprehensive Trader Education Center in 2006 and full CySEC licensing in 2007. In 2008, the Trade Controller and the Inside Viewer features were added to the platform.

The partnership is occasioned by the shared values of integrity, dedication, and excellence which characterize the football club as well as easyMarkets. Real Madrid is one of the most successful football teams in the world; it has won about 65 domestic trophies, 26 European titles, and 7 club world championships. Similarly, easyMarkets has also been decorated with more than 35 international awards mostly for its excellent services, integrity, technological innovations, and superb customer service. However, if you prefer to use the most popular MT4 software, you will also find excellent trading conditions and a customer support service equipped with Trading Central Analytics. Trading expenses are included in a fixed spread with zero Commission.

Multiple payment options are available including cryptos and online payments. Traders who want to trade with fixed spreads can do so at this broker. It offers fixed spreads on its user friendly platform, MetaTrader 4 and TradingView. EasyMarkets provides a relatively wide range of markets to trade, including Stocks, Soft Commodities, Cryptocurrency and Options CFDs. Online trading platforms like easyMarkets are used by traders to help them with every aspect of trading.

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EasyMarkets was established in 2001 under the name easy-forex. However, unlike other jurisdictions, residents in Australia, South Africa, and New Zealand have no additional compensation scheme in place to cover their deposits. EasyMarkets is a company with an operating history dating back to 2001.

easyMarkets Telephone Support

The minimum deposit amount required will depend on the account option chosen. EasyMarkets is well-regulated by both ASICandCySEC and offers clients negative balance and segregated account protection. Easy forex & CFDs with guaranteed fixed spread, stop loss and take profit orders plus guaranteed execution. Formerly known forex broker easymarkets or easy-forex never lets you withdraw your fund at all. I think its better avoid cysec brokers especially easymarkets. I would rate this 4.5 stars simply because the core trading options were not explained on the tutorials so I ended up losing $200 even though my trades made a profit.

Account fees charged differ between easyMarkets and other brokers. An account is a fee that easyMarkets and other brokers assesses on all accounts for the ability to keep an account on their platform. The easyMarkets trading app offers a variety of different ways to trade according to your trading strategy and goals. I like that it can be customised in a way that works best for each user, rather than being limited to one specific layout. As a licensed broker, easyMarkets is regulated by the Cyprus Securities and Exchange Commission as well as the Australian Securities and Investments Commission. Additional regulators are the Financial Services Commission of the British Virgin Islands and the Seychelles Financial Services Authority.

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The inactivity fee is exposed to a lot of conditions and needs to be disclosed clearly by the broker beforehand. The MetaTrader 4 trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements. EasyMarkets also includes excellent trading conditions that are available to all and not only an elite group of institutional customers. The tight spreads and fast executions are a fantastic advantage for all traders.

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Spreads are fixed at 0.8 pips (EUR/USD), which is lower than other similar brokers, and no commissions are charged for Forex trading. VIP account holders also have access to same-day deposits and withdrawals. EasyMarkets offers fixed spreadsThe fixed spreads are a very big advantage against other CFD Brokers because you exactly know which amount of fee you have to pay.

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