BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing. EasyMarkets provides a solid trading experience through its good proprietary platform and the support of MetaTrader 4. The broker’s platforms and tools are recommended for traders looking for reliable and effective trading solutions. EasyMarkets is an online market maker that provides a trading platform for derivatives like contracts-for-difference.
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- For those who don’t know, options are instruments that give the holder the right but not the obligation to buy or sell some asset in the future.
- CySEC has low leverage because they want to protect retail clients as leverage can increase the risk of losing money.
- EasyMarkets are regulated in Europe by the Cyprus Securities and Exchange Commission (CySEC) and in the Asian Pacific Region by the Australian Securities and Investment Commission (ASIC).
What educational materials does easyMarkets offer to traders?
I found the platforms to be very user-friendly, with modern and simplistic interfaces that made it quick and easy to perform all my trading activity with minimal fuss. EasyMarkets was founded in 2001 and has established itself as a respected name in the forex and CFD trading industry. The company focuses on providing accessible trading solutions and has cultivated a solid reputation for customer service and innovation in trading technology. We found easyMarkets’ fee structure to be fairly competitive, particularly with an average EUR/USD spread of 0.9, which is better than the industry average of 1.08.
Payment Options
We recommend that the website and tables be used as a guide when formulating your trading forex strategies to help make your decision easier. However, you should always click on the ‘view website’ button and review the information on the site first to ensure the broker suits your trading needs. Brokerage when trading forex ranges from spreads, commissions and holding costs.
Trading Tools
Although their interface is user-friendly for beginners, CFD trading is sophisticated and hazardous. Yes, they are regarded as a secure broker since numerous top-tier financial agencies regulate it and employ strong security measures such as SSL encryption and segregated customer assets. The broker charges mostly for spreads (the difference between buy and sell prices) and inactivity fees. However, the time https://forexbroker-listing.com/ it takes for cash to reach your account varies depending on the payment method, with some taking up to 3-5 business days. The instructional tools are available for download on their website, while some need registration or login into your trading account. ➡️Knowledge Base – The Knowledge Base is a comprehensive library of articles and a downloadable trading handbook for traders of all skill levels.
easyMarkets Cryptocurrencies Spreads
Client funds are kept segregated accounts at different banks, which means that in case of insolvency, client funds cannot be accessed by creditors. The firm also maintains adequate liquid capital in order to service all client withdrawal requests and has implemented multiple risk management systems. You get high-quality customer service when using the company as you can reach their support team through multiple channels. You can chat with the customer service team live via Facebook messenger, WhatsApp, Vier and through the live chat function on the website. This information is compiled manually and if you happen to come across any type of inaccuracy or misinterpretation of information, please let us know; this is likely due to human error.
easyMarkets Review: What Are the Award-Winning Broker’s Weaknesses?
Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. We use proprietary AI technology to assist in some aspects of our content production. However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points.
How good are easyMarkets trading spreads and commissions?
However, I’m sorry to tell you that you can’t open an account if you are from the US, Canada (some parts), Japan, Iran, North Korea, Syria, and other countries. Sure, there are some areas for improvement but these are relatively minor. It’s also great to see that easyMarkets is receptive to feedback so perhaps our suggestions could easymarkets broker be taken into account. Do note though that if you are funding in a credit card and you have then made a profit and would like to withdraw, your profit will be paid via another means such as wire or eWallet. If you turn dealCancellation on, you have a certain period of time in order to cancel the trade should it go against you.
The platform is available on the web and mobile versions (more on the mobile app later). However, some reviews point out issues with withdrawal delays and occasional platform glitches. While these negative experiences are relatively few, they do remind potential users that no service is without its hiccups. Overall, the sentiment towards Easy Markets leans toward satisfaction, with many users feeling confident in recommending them as a reliable broker. Dear 薛端阳, thank you for taking the time to submit a review for us.
The broker also has a wealth of free tools including its online Trading Academy which offers multiple courses with an extensive range tailored for beginner traders. One unique feature is its mobile trade alert via WhatsApp for the latest trading news. This indicates that easyMarkets operates as the counterparty to your trades, establishing its own internal market.
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. Pepperstone came third based on their online videos and the availability of a dedicated account manager who can assist with training forex traders. Smart trading tools also provide training and market information within the MT4 trading platform. This was followed by FXCM who have ‘After work’ seminars to educate and keep traders up-to-date with elements impacting markets.
