This protection offered by easyMarkets serves as a standard feature at no additional cost since 2001. EasyMarkets does offer Islamic, swap-free trading accounts to its Muslim Clientele that adheres to Islamic, Sharia Law. No rolling or renewal fees are charged with 200+ CFD Instruments to Trade with Guaranteed stop-loss offered. Once the top three steps have been successfully completed, the applicant will now be met with their newly created trading account. The minimum deposit amount required to register an EasyMarkets live trading account ranges from $100 up to $10’000 USD.
The trading software MetaTrader 4 is available for Windows Mobile devices. There is also an iPhone app that gives you access to easyMarkets and an app for the Blackberry. If you aren’t always connected to the internet, you will like the SMS service, which sends you news about important financial events to your cell phone.
The easymarkets broker review reserves the right to take the appropriate action where deems necessary in circumstances where the terms and conditions of this agreement have been breached. The consequences of breaching one or more of the conditions, deemed as ‘unauthorized activities’, include but it is not limited to the suspension or closure of trades. EasyMarkets minimum deposit requires 100$ as a start, while a bigger size account along with VIP and premium conditions demands higher balance maintenance. So by trading numerous instruments, you also may use powerful tool leverage, which may increase your potential gains through its possibility to multiply initial accounts balance. Yet, make sure to learn how to use tools smartly, as high leverage and incorrect use increase risks as well.
https://traderoom.info/ is a well-regulated non-dealing desk market maker with a large Forex offering and a unique suite of risk management tools. Support is offered for its beginner-friendly in-house platform that integrates seamlessly with TradingView, MT4, and MT5. EasyMarkets has seven live accounts, each linked to a different platform that caters to traders with differing experience levels. EasyMarkets offers more than 200 tradable assets with its competitive platforms.
As mentioned above, another benefit of easyMarkets is that they have negative balance protection. With negative balance protection, easyMarkets is able to ensure that a traders account will never go into negative equity. Easy Markets does not have a leverage table but if you want to know exactly how much leverage a particular asset provides, you can calculate it on the trading platform.
- Central to that process is the evaluation of the reliability of the broker, the platform offering of the broker, and the trading conditions offered to clients, which are summarised in this review.
- Everything is quick and fairlt easy to understand even for beginners.
- This allows intermediate traders to absorb the expert knowledge and make their own trades based off it.
- Besides offering MetaTrader 4, easyMarkets also developed its proprietary web-based platform.
After a groundbreaking ride of over 16 years as a customary retail forex trading firm, the broker decided to change to the Easy Markets Broker to show that it is now a bigger and better brand. You can go through Easy Markets customer reviews and comments to get more info about th broker. Many traders across the world select easyMarkets for their services that are trading. They offer trading on MT4, Web Trader, Tablet & Mobile apps which allow this.
What is easyMarkets?
EasyMarkets Live Account is used to do live trades with real money involved. Signing up is also the same as signing up for a demo account. Register an email and create a password, or if you would like to use a social media channel, you can use your Google Account or Facebook Account in signing up with easyMarkets.
- Rates, terms, products and services on third-party websites are subject to change without notice.
- Another promotion is the Refer a Friend promotion that rewards people when they introduce a new trader.
- Overall, our impression of easyMarkets was quite positive despite some small disadvantages.
- Clients’ funds are segregated and placed safe and secure in top-tier banks and customers will be able to access their funds.
- Email support is a a convenient method of easyMarkets customer service but responses to support queries are not quick.
- This is a feature of the web platform that simplifies forex trading.
When the price is assumed will reach a level after increasing and then reverse and drop. Sample FX and CFD Spreads of easyMarketseasyMarkets have gathered 37 international awards for the past years of its excellence. This broker has been recognized this year as the ‘Best Forex Broker’ in 2019 The Forex Expo Dubai.
Mobile Trading Apps
Over the years, easyMarkets expanded its trading options and CFD offerings to include global indices, energy, metals, and more. In 2016, the name of the company was changed from easy-forex to easyMarkets. I believe they are attractive for the beginner who wants to feel safe and trade in a simple environment that minimizes uncertainty. Their online platform is very intuitive compared to Metatrader, and frankly, Metaquotes could learn a thing or two from it. It is in no way suited for the intermediate to advanced trader, however. Stops are fixed at seemingly arbitrary intervals, which makes it impossible to precisely adapt risk to market structure or volatility.
Even though easyMarkets supply you all of the tools to earn money, they can’t guarantee that you will gain. EasyMarkets is a great agent, and its own users may vouch for it. The highlight of the platform is its fast order execution on transactions. EasyMarkets safeguards its customers’ private and sensitive data under SSL encryption. You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron.
What is the minimum deposit at easyMarkets?
Authorised and regulated by Cyprus Securities and Exchange Commission in the Republic of Cyprus at 19 Diagorou Str. Deemed authorised by the Prudential Regulation Authority and is subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. The nature and extent of consumer protections may differ from those for firms based in the UK. They support CFD metal trading so you can trade precious metals such as gold and silver without actually needing to own the physical product.
We invite you to review again the “Unauthorized Activities” section on the Client Agreement Page 19, section 9 and Paragraph 9.2 . Please contact us via email at so we can explain this in detail if something is still unclear to you. Dear Patrick Ekene Onwuegbule, thank you for reaching out to us. As soon as you register, you will notice that easyMarkets offer a broad variety of currency pairs, 136 to be exact, varying form common with narrow spreads to exotic pairs. Their trading platform is web-based and is easy to use, but they also offer Meta Trader 4 if you would like to use this mainstream forerunner platform. Automated trading is incorporated in the platform settings if you want to go down this path.
Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. As EasyMarkets have the conception of glassiness and honesty, it ensures the customer that their funds are secure and in safe hands. This opens a trade where you either place buy or sell orders at the current market price. While Pending Orders is a type of order that allows you to buy or sell at a pre-determined price in the future. This can be ‘Buy Stop’, ‘Sell Stop’, ‘Buy Limit’, and/or ‘Sell Limit’.
What Can I Trade
It is designed for android and iOS devices and can be downloaded from the Play Store and app stores. It comes with account management, order management, risk management, and technical analyses features. Just like the web version, traders can view and analyze charts on 11 timeframes and also use over 70 technical indicators. It is easy to open and close trade positions and switch between demo and live accounts. Also, 4 trading options are available; easyTrade, Pending order, Day Trade, and Vanilla options.
We also offer free guaranteed stop-loss and take-profit allowing our clients to manage their risk even more effectively. Being a market maker also allows us to offer fixed spreads and the ability to never adjust our trading conditions in response to market volatility or unforeseen events. We kept trading active during Bitcoin’s Bull Run, the announcement of the British Referendum, the Swiss Franc Black Swan event and the U.S. EasyMarkets ‘ offices are located in Shanghai, Sydney and Limassol , as well as in the Marshall Islands, which allows us to offer services worldwide.
You can download the easyMarkets app or also trade with easyMarkets through the MetaTrader 4 application on the Apple app store. Below we take the main parts of any reputable broker and compare easyMarkets against freetrade, and PUPRIME. You are able to make use of a choice for Two Factor Authentications with easyMarkets for heightened safety. An SMS with the confirmation code will be sent to a mobile phone. You’ll be required to input this code to log in to your account. If you feel that easyMarkets is not right for you then at the bottom of this easyMarkets review you will find a lot of alternatives to easyMarkets.
As a newbie you will most likely lose money with them, so start small and use it to gain experience in a relatively safe environment. Though once you find your footing and are confident enough to deal with the uncertainties of trading, there are places to go that offer much cheaper trading environments. Their customer base is made up mostly by clients from Europe and Australia and they do not have a presence in the USA.