Traders only need to consider the spreads, which are fixed and transparent depending on the account and platform used. EasyMarkets offers one of the most competitive and long-standing partner programs in the industry, rewarding you for every client you refer. With a variety of partnership plans to choose from, including CPA, Spreadshare, Hybrid, and 2nd Tier, you can earn generous commissions based on the trading activity of your referrals.
Educational Resources and Support
There are a number of things that we look for in order to determine this. They have offices in Cyprus (Easy Forex Trading Ltd), Sydney (Easy Markets Pty Ltd) and the Marshall Islands (EF Worldwide Limited). Stocks, currency and other commodities and instruments will be brought or sold by easyMarkets even if no buyer or seller is lined up. After extensive research over several years, we have compiled a list of the most effective easyMarkets alternatives available today.
I think easymarkets broker 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. EasyMarkets provides you with a trading via Android and iOS trading apps which you can download for free from the relevant app stores. You just need an internet connection to get quick and easy access to the world of financial markets from within the palm of your hands at any time. Depending on your goals and strategy, easyMarkets trading software offers you a variety of trading options.
Digital wallets are also accepted at easyMarkets – these include Neteller, Skrill, and the local Indonesian FasaPay. The dealCancellation feature works to the advantage of beginners prone to making trading mistakes. The feature enables novices to cancel their erroneous trades and recover any potential losses within an hour of opening the positions by mistake. In essence, this works like a trade ‘insurance’ that comes at the expense of a nominal fee.
Test of the easyMarkets trading platforms
The minimum deposit is $50, whether to open an ordinary securities account (CTO), a PEA or a PEA-PME. All deposits must be made by bank transfer from an account in your name. The minimum deposit is $50, whether to open an ordinary securities account (CTO), a PEA or a PEA-SME. In my opinion, easyMarkets has good requirements for trade, my only comment is funding options didn’t seem to be quite enough. And I couldn’t enter the withdrawal section as I needed to log into the broker.
- EasyMarkets is an online brokerage firm founded in 2001 in Cyprus as Easy Forex and rebranded to easyMarkets in 2016.
- There are well known global options such as cards and bank wire as well as more local solutions for specific countries.
- Not all brokers offer this and those that do may charge an additional fee when you place these.
- Digital wallets are also accepted at easyMarkets – these include Neteller, Skrill, and the local Indonesian FasaPay.
Test the chat service yourself.A responsive chat service from easyMarkets should be a positive support experience for all easyMarkets users, saving you from waiting days for an email response. EasyMarkets allows traders to trade on mobile devices through Android and iOS devices like the iPhone. Let’s explore each of these trading platforms in detail and what options easyMarkets gives you.
The easyMarkets Standard account provides access to all CFDs assets available, with a minimum trading size of 0.01 standard lot (equal to a micro lot) and the full range of account base currency. EasyMarkets may charge a currency conversion fee if deposits and withdrawals do not match the account base currency selected. Professional charting and technical analysis is possible and made simple. As one of the core values of easyMarkets, it commits to making trading simple and honest to its clients.
easyMarkets Regulation Summary
For more knowledge, you can read the asset information on the homepage. In addition, for long-term traders, there is an overnight fee (Swap) because the trading positions are leveraged. EasyMarkets offers some unique features for traders who want to succeed. With the “deal cancellation”, you can undo losing trades within an hour for a small fee. Professional traders are not covered by the Investors Compensation Fund (ICF) and their assets are not fully protected as is the case with retail customers. Clients can also fund their trading accounts using online banking services by several different providers.
This is actually a really advanced platform and gives you a host of features that are essential to an option trader. For example you can plot out the option graphs and run pay-out scenarios based on the price. As mentioned, easyMarkets has their own trading platform where you can trade the vanilla options. In order to get there you will need to head on over to the main menu and hit “options”. Another really important consideration for any trader has to be the fees and spreads. These are, after all, the factors which can directly impact on your trading returns over the long term.
EasyMarkets offers no-slippage trading and guaranteed stop-loss orders on its proprietary platform, making it ideal for scalpers by supporting precise entries, exits, and tight risk management. However, the broker does not provide Virtual Private Server (VPS) hosting for low-latency trading, and the platform’s lowest timeframe is 1 minute, which may be too high for scalping. Overall, easyMarkets is an excellent choice for swing, day, and news traders due to its range of contract types, trading platforms, and enhanced order execution options. EasyMarkets conditions not only offer traders the security of trading with a regulated, well-established broker but also price transparency.
- The platform is highly customizable which provides options for individuality which separates standard traders from professional ones.
- EasyMarkets offers no-slippage trading and guaranteed stop-loss orders on its proprietary platform, making it ideal for scalpers by supporting precise entries, exits, and tight risk management.
- It also functions as a social media platform, allowing you to connect with fellow traders, exchange ideas or strategies, and discuss market conditions.
- Once the documents are transmitted and validated, access to the account is available within approximately two business days.
- EasyMarkets places great emphasis on trying to empower traders with knowledge and skills.
Additionally, introducing a copy trading feature would cater to those seeking diversified opportunities and passive investment strategies. Setting it up was quick – just an email and password – and the $10,000 in virtual funds let me experiment freely without financial risk. The Coin Bureau Editorial Team are your dedicated guides through the dynamic world of cryptocurrency. With a passion for educating the masses on blockchain technology and a commitment to unbiased, shill-free content, we unravel the complexities of the industry through in-depth research. 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 be taken into account.
The broker even offers option based trading with its limited-risk easyTrade service. As a beginner trader, you need a broker that simplifies trading and reduces complexity. Easy Markets does just that, offering an accessible trading environment with strong customer support and low fees. This review will cover the key features of Easy Markets, including its regulation, trading instruments, platforms, and much more, to help you decide if it’s the right choice for your trading journey. To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
easyMarkets Contact and Customer Support
We strive to always improve our service and your kind words encourage us to continue this way. I have had a positive experience in setting up my trading account with Easymarkets, and I found that David my account manager very helpful in assisting me with my enquiries. If you require more information about our products, please come to LiveChat on easymarkets.com or send us an email to cs@easymarkets.com and we can arrange to contact you. Thank you Maheshika, if you require any assistance please come to our chat service on our website or send us an email to cs@easymarkets.com to arrange a time to call you. Opened an account, went to deposit and they only accept crypto when you are based in the UK…..Sounds a bit dodgy that they don’t accept the norm payment methods. Yes, all easyMarkets educational resources are available online and can be accessed at any time for your convenience.
Commission fees can vary depending on the type of financial asset being traded and the easyMarkets trading account level held by the trader. EasyMarkets offers a handful of payments methods for deposits and withdrawals for its worldwide clients. The payment options include credit/debit cards, e-wallets, online banking, and wire transfers. The broker makes sure to take on board the clients without charging any fees.
EasyMarkets’ strong customer service department offers support via live chat, email, fax and telephone 24/5 throughout the trading week. Its range of live chat features includes Facebook Messenger, Viber, What’s App and a web-based live chat. You won’t be charged fees when you make deposits or withdraw money from your trading account, which is a major benefit because other brokers charge for those services. Easy Markets enjoys a solid reputation in the industry, with many traders praising its user-friendly platform, educational resources, and responsive customer support.
Chart artists use many analytical tools and chart configuration possibilities to examine it from multiple angles. In my experience, the really important aspect of a chart is how easy it is to scale price action up and down. The platform integrates actionable trading signals from Trading Central, allowing easyMarkets clients to assess emerging opportunities and place orders accordingly. Another standout feature of easyMarkets’ platform is the no-slippage trading through the Freeze Rate feature, along with guaranteed stop-loss orders. Both features enable traders to execute precise entries and exits from positions.