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. 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. 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.
Excellent Customer Service
Another easyMarkets office is located in the Marshall Islands, part of the Asia-Pacific region. EasyMarkets is also an Australian Forex broker, so it is regulated by ASIC. From Forex broker reviews to Forex education, we’ve got everything you need in one place. One of our customer service representatives will get back to you soon. These offerings are more extensive than the base currencies that are accepted https://traderoom.info/easymarkets-introduction/ by many competitor platforms. As of recently, easyMarkets is regulated by the Australian Securities and Investments Commission (ASIC), which also requires all adherents to follow strict security protocols.
Timeframe
- User-Friendly Interface for users of all experience levels.
- They also accepted the deposits through a credit card in 2001, which was forward-thinking for that time.
- Traders can configure the chart with customized indicators and technical analysis tools.
- EasyMarkets changed the game and provided an online trading platform.
- This company also generates trading signals with various delivery methods.
- EasyMarkets traders focus on the Forex market when they’re using this platform.
The regulatory commitment requires the utmost level of security in various ways and includes clients’ safety of funds to assure integrity and safe performance. You can also use the easyTrade feature with the platform, which allows you to minimize risk while increasing your potential gain without margin requirements or spreads. The platform is available on the web and mobile versions (more on the mobile app later). EasyMarkets places a strong emphasis on the security of client funds.
Fast-forward to 2016, the broker change from easy-forex to EasyMarkets. It should also be noted that many brokers don’t offer access to MT4 plugins; this is unfortunate, but easyMarkets isn’t alone in this regard. EasyMarkets is a reputable and reliable broker that provides a transparent and secure trading environment for its clients.
EasyMarkets traders focus on the Forex market when they’re using this platform. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor’s degree in Economics and International Relations.
Please make sure your comments are relevant and that they do not promote anything. Claim your listing for free to respond to reviews, update your profile and manage your listing. They contacted me for bank details to deposit funds and my acct manager contacts me every few weeks to see how things are going. Easy Markets support a good range of languages including English, German, Arabic, Greek, Russian, Chinese, Spanish, French, Polish, and Hebrew. As for education, they do a great job but it will take you a lot (and I mean a lot) of time to go through it all.
The Freeze Rate feature allows traders to freeze the displayed price for a few seconds, in theory to allow for the entry of trades. In practice, this offering is similar to one-click and automated trading, as provided in the MT4 trading platform, though the MT4 offerings are far superior. No broker has the possibility to “freeze” a live market, and the impression one gets is that trades on the easyMarkets webtrader are merely simulated.
Other Commodity CFDs
The processing time is 1 – 2 business days and depending on the method and how fast your bank completes the procedure, it can take between 3 – 5 business days for the funds to reach you. EasyMarkets doesn’t charge any fees for deposits or withdrawals and all funds deposited through a certain method must be withdrawn using that same method. As with any broker, easyMarkets charges certain fees that traders should be aware of. EasyMarkets does not charge a commission but is compensated through spreads.
- Forex traders can also access extensive and regularly-updated forex news, calendars, live indices, and market commentary from easyMarkets’ in-house analysts.
- For example, they have completed over $2.92 trillion in USD volume, have executed over 56.3 million order and have served over 145,000 traders.
- Also, we should have mentioned that there might be some interest in other safe havens, such as the Japanese yen and the Swiss franc.
- EasyMarkets has an online application form, which is the standard operating procedure.
- It also offers vanilla options on currency pairs and metals, allowing swing traders to better hedge their exposure over the long term.
This is usually completed by submitting a copy of the trader’s ID and proof of residency document. Finally, easyTrade is deemed to enhance risk management, but is available on just 20 assets and mirrors binary options trading. 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. You can compare easyMarkets ‘ commissions with another popular RoboForex broker. EasyMarkets charges its clients with a transparent fee structure, with spreads and commissions varying depending on the financial product being traded.
US traders welcome at these brokers:
If you’re interested in trading Forex, you’ll find good research there. However, if you live in the European Union you’re subject to CySEC regulations. However, your payment provider might charge you fees from their side.
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This is unlike other brokers with regular ongoing maintenance fees. For example, Plus500 has a “no activity” fee that they sneakily activate on some user accounts. As stated before in this easyMarkets review, that is limited. Additionally, although they have good customers support, customer service is not available 24/7.
We ended up fundamentally changing the online trading industry – which only offered Forex at the time. In 2001 we accepted initial deposits from $25, that could be funded online via credit card – instead of lengthy bank transfer. Over the years we expanded our CFD offerings to include global indices, energy, metals and more. The MT4 trading platform is offered to traders, but easyMarkets fails to provide any of the required and critical third-party plugins which are necessary to unlock full functionality.
