You can take advantage of this leverage without having to worry about stop losses. Your risk remains limited by how much money you’re willing to put at risk up front and you can still enjoy unlimited potential profit on each trade. Download and install the easyMarkets trading platform (MetaTrader 4, MetaTrader 5, or the proprietary platform) if you haven’t already.
Trading Products
You could always give them a try on a demo account at first to make sure they meet your expectations before making a financial commitment. EasyMarkets stands out for its user-friendly platforms, fixed spreads, and comprehensive customer support, making it a strong choice for both novice and experienced traders. The broker’s commitment to transparency and risk management tools, like dealCancellation and guaranteed stop loss, enhances the trading experience. The minimum deposit is as low as $25 for Web/App accounts, while more advanced accounts like Premium and VIP require higher deposits. MetaTrader 4 is a popular trading platform among new and experienced traders due to its customizability and wide range of advanced capabilities. This industry leading platform allows for comprehensive market analysis, manual and automated trading.
EasyMarkets launched the one of the world’s first web-based trading platform in 2001 with a plethora of asset classes, including forex, commodities, stocks and options. EasyMarkets features competitive fixed dealing spreads, dealCancellation and easy risk management options. You’ll also find MetaTrader 4 and easyMarkets’ own web-based and mobile platforms at your fingertips. EasyMarkets offers a wide range of instruments to trade at low costs on some of the best trading platforms that you will find anywhere. No minimum deposit is needed to register with the broker, and there is no deposit and withdrawal fees charged.
The platform is regulated by reputable financial authorities, ensuring compliance with industry standards and safeguarding client funds. EasyMarkets is a renowned name in the world of forex trading, offering a user-friendly and reliable platform for both beginner and experienced traders. With a strong focus on simplicity and accessibility, easyMarkets tries to strive to provide a hassle-free trading experience to its clients. Both the web trading platform and the MT4 are compatible with android and ios devices and can, therefore, be accessed through most smartphones.
By continuing, you declare that you have read, understood and accept the Terms and Conditions and you agree to open an account with EF Worldwide Ltd. Here is the breakdown of the spread the broker will be charging on Web and MT4. To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page. In Australia, the brokerage firm is regulated by the Australian Securities and Investments Commission (ASIC). As of August 21st, 2018, the spreads for EUR/USD was 1.8 pips, USD/JPY 3, and GBP/USD 3. EasyMarkets works with trusted payment service providers to ensure the security of your payment information and transactions.
One of the reasons to choose the precise underlying financial asset for easyTrade is to control maximum risk. However, the availability of deposit and withdrawal methods may vary depending on the trader’s location. Please note, that this review has discovered that easyMarkets doesn’t charge any fees when traders fund or withdraw from their accounts. EasyMarkets supports traders from over 150 international countries, making it one of the most widely accessible brokers globally.
- The broker is subject to the rules and regulations specified in the EU’s Markets in Financial Instruments Directive (MiFID) and includes the segregation of client funds from its own money.
- TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site.
- Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
- Depending on your goals and strategy, easyMarkets trading software offers you a variety of trading options.
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. EasyMarkets’ innovative dealCancellation feature delivers a major advantage to traders who need to undo losing trades.
On top of being highly regulated, EasyMarkets has proven to be an industry leader in the field of Forex and CFD trading. The availability of state of the art trading platform and excellent customer services makes this broker a top choice for most traders. However, the broker is not without some minor flaws such as hard to navigate website and the fact that it is only available in four languages. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. The Broker stands out for its transparency, simplicity, and innovative features.
What types of Commodities can I trade on easyMarkets?
Based on your selection, you will register for an account with EF Worldwide Ltd, which is authorised and regulated by the Financial Services Authority of Seychelles (License Number SD056). Set the “trading time” ahead of macroeconomic events like the NFP, FOMC, ECB, or other Central Bank announcements. On the other hand, the broker is unavailable on the MT5 platform, which is an improvement over the provided MT4 platform but not really a deal breaker.
CryptocurrenciesVanilla Options
The team consists of seasoned financial experts with in-depth knowledge and experience in online trading. The quality of their work is reflected in the quality of services rendered by the broker across its trading platform. Jay and Julie Hawk are the married co-founders of TheFXperts, a provider of financial writing services particularly renowned for its coverage of forex-related topics. While their prolific writing career includes seven books and contributions to numerous financial websites and newswires, much of their recent work was published at Benzinga. EasyMarkets offers competitive pricing when compared to most brokers in its popularity level.
State-of-the-art trading tools by
You can trade over 200 assets in a wide variety of markets at easyMarkets. Assets and contracts for difference (CFDs) include forex, cryptocurrencies, metals and other commodities, indices and vanilla options. The broker even offers option based trading with its limited-risk easyTrade service. The In-House platform offers live market news, technical analysis, charts and a one-click trading from market explorer. The MT4 features include pre-installed indicators and analysis tools, multiple order types including market orders and pending orders.
- You further declare that you read, understood and accept the content of easyMarkets Privacy Policy and you consent to receive market news and browsers notifications.
- Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.
- If these are instruments that you would like to trade then you could consider AvaTrade as a viable alternative broker.
- With the Freeze Rate button, you have the ability to freeze live rates momentarily to open or close trades.
- The broker’s commitment to transparency and risk management tools, like dealCancellation and guaranteed stop loss, enhances the trading experience.
With the Freeze Rate button, you have the ability to freeze live rates momentarily to open or close trades. Even if the market changes during that time, easyMarkets will execute an order for you at that frozen buy or sell quote you select. In order to activate this feature, you need to click on the Freeze Rate button before you click on either sell, buy or close.
What is easyMarkets commission fee?
Since easyMarkets operates in three types of accounts, the minimum deposit requirements vary with the account type. You need to maintain 25USD in account for a standard account while Premium and VIP are 2USD and 10USD, respectively. They do not currently support crypto funding but RoboForex do if that is something that you are looking for in a broker. EasyMarkets is an industry-changing, well-regulated broker that should work well for beginners to advanced traders, though U.S.-based traders need to find another broker. The broker’s web-based trading platform features no slippage on stop orders, guaranteed stop losses and fixed dealing spreads.
You must submit a withdrawal request to transfer your money to your bank account. The available withdrawal methods are credit or debit cards, wire transfers, and eWallet. EasyMarkets is a financial institution with a strong international presence. In addition to its headquarters in Limassol, the Cyprus broker has other offices in Sydney, Australia. The broker is doing the most to ensure its presence in as many regions as possible, and this is part of its efforts to increase its popularity and clientele. On the other hand, the negative reviews were offshoots of withdrawal hitches.
You are trading a CFD (a Contract for Difference), which allows you to trade the price of your chosen currency for another, without the obligation of owning it. This means you can trade and potentially benefit from both upwards and downwards movements . As with any investment vehicle there are inherent risks involved due to the numerous variables that affect market volatility, please be aware of these before you start trading.
The excellent Trading Central indicator is available for the MT4 trading platform. I think this is a great piece of software for automated market analysis. Trading Central is available through a few other brokers including GO Markets, who also happen to have another fantastic analysis tool in Autochartist.
Support is open to all clients regardless of their account status, but there are more support features available for clients with VIP accounts. Customer services are offered during market hours, and clients can reach out to the attendants through live chat, email, fax or telephone. In areas easymarkets broker where the broker has physical offices, clients can pay a visit and get help. The products offered range from online forex trading, derivative trading (options, forwards and futures) CFDs in commodities, indices, metals, currencies, cryptocurrencies, and others. The broker guarantees stop losses to ensure that traders can capitalize on Forex price action while protecting their accounts from negative balances.