easyMarkets Broker

You should consider whether you are fully aware of the risks involved and the high probability of losing your money. Like every reputable Forex broker company, easyMarkets also offers a $25 Welcome Bonus available after a phone number verification. In addition, they offer a first deposit bonus up to 50% on a $100 deposit or more. Under the Share and Earn policy you can post the easyMarkets link and every new trader who joins the community based on your link will earn you money. Just take a note that the money is intended for trading and cannot be withdrawn.

To start off with real trading, you will have to complete the account registration by filling in necessary KYC details. Additionally, you will have to select the currency among the 20 available, including EUR, USD, GBP, PLN, AUD, CAD etc. The minimum deposit requirement is $100 or the equivalent in other currencies. EasyMarkets is a good trading platform for new traders as easyMarkets offer a good range of educational resources, good support options as well as a demo account. Traders can choose from thousands of stock CFDs in addition to shares.You can see the complete list of stocks here.easyMarkets offers CFD stock trading.

What Is easyMarkets?

Indices such as Australia 200 Index, France 40 Index, China 50 Index and USD Index are available. Vanilla options include AUD/NZD, EUR.CHF, EUR/JPY, GBP/AUD, GBP/JPY, NZD/USD, USD/CAD and more. Currencies include USD, EUR, GBP, JPY, CHF, CAD, AUD, and NZD. The quickest one financial markets review and easiest way to contact customer support is through live chat, which is available 24/5. There is also a refer-a-friend programme that can earn traders up to $2,500. The research and market analysis materials at easyMarkets are limited compared to most other brokers.

The broker has expanded its reach to more than 120 different countries, having been a prominent player in the US, European, Australia, and Asian financial markets for many years. EasyMarkets offers more than 200 CFD products across six different asset classes, namely, cryptocurrencies, commodities, metals, indices, currency pairs, and shares. CFDs can be traded by day trading, pending orders, forwards trading, or options. EasyMarkets users can trade CFDs on both desktop and responsive devices.

The Cyprus-based company relies on excellent market regulators to ensure the trust of their clients. Licensed by CySEC and ASIC, it helps market integrity and offers transparent and fair conditions. 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.

Trading Instruments

Also, it was named ‘Most Innovative Broker’ in the year 2018 during World Finance Markets Awards. And in the same year, it was named as ‘Best APAC Region Broker by ADVFN International Financial Awards. In 2017, it was named as ‘Most Transparent Broker’ by Forex Awards and ‘Best Forex Service Provider in FXWorld. To know more about the awards easyMarkets won, you can visit their official website and go to the ‘Awards’ section on their homepage. Phone support executives provide you with the best solution to your queries. Email support functions well but takes a little time to get back to you with relevant answers.

The easyMarkets company keeps their platform clean from malfunctions. Another convenience, especially for beginners, is that spreads are fixed, which means that trade is easy to predict and less risky. Traders with a large trading capital can open a VIP account at easyMarkets by making a minimum deposit of $20,000.

On the product I trade their spreads are around 4 points wider than the provider I have changed to. As you have already been informed you are allowed to trade with easyMarkets but without the use of Expert Advisor. Moreover, the company has returned you all your funds plus the profits that you have gained with as an act of goodwill. When i contacted the company officials and no one bothered to reply me… As for the easyMarkets leverage levels, as always they are depending on the instrument you trade or platform you use and also defined by the regulatory restrictions. One of the most innovative tools easyMarket offers, giving you the ability to undo a losing trade within 1, 3 or 6 hours.

Forex trading is a method through which to invest money which involves trading one currency for another. The main aim of Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. As a easyMarkets Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair. In general, Forex traders can either work for banks and hedge funds or trade independently.

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Since the forex market is highly volatile, you never know when the currency value will rise or fall. By activating this feature, you can freeze a rate for an instrument. This frozen rate can be used to execute the trade without worrying about the real-time scenario. As the name fxpcm implies, this tool enables traders to cancel a deal if the trade is unfavorable. For novice traders, it is quite common to make wrong deals due to a lack of market knowledge or market volatility. You can use this feature for a small fee to undo a trade that may incur losses.

The research section consists of six categories, unfortunately, all not specifically valuable to traders. The information can be more efficiently retrieved from within the MT4 trading software solution architect platform. DealCancellation is essentially an innovative albeit disingenuous way to charge traders unnecessary fees, and a solid marketing medium for inexperienced or naive traders.

EasyMarkets live chat support is a way for customers to obtain help from easyMarkets through an instant messaging platform. It happens at a one-to-one level, often via the company’s website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Livechat is great if you require a reponse to your support request withing 15 minutes. Traders can follow the markets and make wise investment decisions on easyMarkets by using the news to help form a strategy when it comes to choosing investments.

In 2019, easyMarkets launched shares as a new trading product. As a result, the company decided to rebrand in 2016 and change its name from easy-forex to easyMarkets. EUR/USD has been gently trying to rally in recent days with the USD peaking with US interest rate a week ago. These offerings are more extensive than the base currencies that are accepted by many competitor platforms.

EasyMarkets mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. EasyMarkets mobile trading refers to trading in the stock market using a mobile phone.

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A mix of videos and written content is accessible, and one division is devoted to the psychology of trading, which may be the first positive development at this brokerage. Freeze Rate allows traders to freeze the displayed price for a few seconds and provides evidence of a simulated trading environment within the easyMarkets webtrader platform. Finally, easyTrade is deemed to enhance risk management, but is available on just 20 assets and mirrors binary options trading. Over 200 assets across six investment classes are accessible at easyMarkets; specifically, Forex, metals and commodities, equity CFDs, index CFDs, and cryptocurrencies. There are several ways in order to reach easyMarkets customer service and support.

EasyMarkets has a healthy balance sheet with stable cash flow; approximately 74% of the broker’s retail traders tend to lose money, which directly profits easyMarkets. EasyMarkets offers more than 200 tradable assets with its competitive platforms. The company has developed its tools and platforms into simple and user-friendly yet powerful instruments for any type of trader. EasyMarkets Mobile Trading Platform gives traders access to markets everywhere whenever connected to the internet in the palm of their hand.

Review

The range of bonuses and promotional offers is substantial and covers friend referral bonuses, first deposit bonuses and risk-free trading among others. For a safe, secure, and reliable trading experience – easyMarkets is a top contender for traders. EasyMarkets offers a demo account and two commission-free live accounts – a VIP Account for each of the two trading platforms available – which are distinguished by the spreads on each account. Under Islamic law, money must not be allowed to create more money. Thus, instead of traditional easyMarkets accounts with given rates, Islamic accounts provide accounts which offer profit/loss.

They do not charge fees but they do apply a spread although I consider it a high spread. My first time doing any kind of trading and the experience seems okay. EasyMarkets review – Regulations, proprietary platform, unique features and traders ratings. 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.

Trade currencies, commodities, metals, vanilla options and indices from one place without the jargon, complicated offers and confusing terms! With some 85 indicators available and 2 decades of back-testing, this platform is expertly designed for maximum functionality and efficacy. Traders wanting to take their trading on the go will enjoy the iPhone trading platform.

A easyMarkets limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution. # market, limit, stop, stop limit, OCO, Good until end of day / canceled. EasyMarkets accounts can be opened and KYC can be verified digitally. EasyMarkets fees for Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals, Agriculturals, Options, are listed below.

Overall, although easyMarkets offers two accounts on two different platforms, and low minimum deposits. Trading costs are around the industry average, making it suitable for both beginner and more experienced traders. Overall, compared to other brokers, easyMarkets’ trading fees are around the industry average across all accounts, and the minimum deposit requirement only 25 USD makes it appealing to most traders.

It allows traders to cancel a losing trade; the implication is that the trades are never executed. EasyMarkets will collect a substantial fee for each canceled trade despite the absence of trading activity. DealCancellation is an innovative approach but serves mostly to charge traders for trades that aren’t executed. It may yield a small savings, but still gives the broker pocket change, which really adds up for traders. EasyMarkets is a secure trading platform with competitive spreads and no hidden fees. EasyMarkets has analytical tools – technical indicators and charts.

Its still perfectly legal to buy non leveraged crytocurrencies where you own the underlying crypto assets. Customer support represents the resources within the easyMarkets company that provides technical assistance to its customers after they use the easyMarkets service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive. A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor. Stocks, cash, futures, currency, and other assets may be included in a trading portfolio.