The firm promotes its core value of honesty and commits to no hidden charges. You can open a Demo Account or Live Account with easyMarkets at no cost. EasyMarkets offers some unique features for traders who want to succeed.
The Crypto is converted to https://traderoom.info/ then converted to the account currency, if it is not USD. The trader may also deposit fiat by payment methods including Skrill, Neteller and Perfect Money. EasyMarkets ASIC regulated has a Standard account with a minimum deposit of AUD200, a Premium account with a minimum deposit of AUD3000+ and a VIP account with a minimum deposit of AUD10,000+.
Does easyMarkets offer email customer support?
This is usually completed by submitting a copy of the trader’s ID and proof of residency document. 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 platform.
In order to make a easymarkets broker review, the account holder can select the blue deposit funds button located at the top of the “My EasyMarkets” platform. The EasyMarkets Web Platform offers unique tools, including dealCancellation, Inside Viewer, and Freeze Rate. The second platform is the ever-popular MetaTrader 4, packed with tight spreads, one-click CFD Trading, and expert advisors being allowed. 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.
Our full easyMarkets review for beginners covers everything you will need to know about trading via easyMarkets. A good agent can use your first investments and help to protect it from losses but also provide you a platform that can help to provide you positive profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investment objectives. I opened an account with EasyMarkets because I wanted a fixed spread for my EA to work best. Once night, I gained 1000 USD and was shocked to know that my EA stopped working the next day. I sent their support an email, their agent told me that EA trading wasn’t allowed!
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.
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. The minimum initial deposit required is $100 for a standard account. Overall, this easyMarkets review consists of all the information that you need to know before trading.
It offers a variety of online payment and money transfer services. Withdrawal of cash is possible at any moment from your easyMarkets account. You can withdraw up sums to the sum of your account balance, keeping aside the margin used. 1 thing to remember is that you don’t always have to have any money in your account.
Andorid mobile devices and tablets are used by millions of people globally. The minimum deposit for this account is 10,000 USD, putting it out of the reach of most traders. Spreads are fixed at 0.8 pips (EUR/USD), which is lower than other similar brokers, and no commissions are charged for Forex trading.
easyMarkets Deposits & Withdrawals
For those reading this, this is my personal experience with this broker and I will never advice even my worst enemy to open an account with Easymarket because it’s A Trader’s Worst Nightmare. Based on our findings, EasyMarkets has the most competitive pricing available with its VIP account, which requires a $2 500 deposit ($100 for EU and UK residents) as well as a web platform. The fixed spreads are 0 .77 pips on EUR/USD when using MT4 or the website respectively. Based on our expert findings, we can confidently assert that the broker is trustworthy and highly regulated by top-tier regulators. It assures trading safety and secure transaction, as well as negative balance protection in case of insolvency.
The minimum initial deposit is $25 and commits to its core concept of honesty by being transparent to its clients with no hidden fees. EasyMarkets offers platforms for web, desktop, and mobile trading. This platform is well-developed and promotes simple trading as the core concept of the broker’s brand.
They offered a bonus of 50% then refused to give it and negotiate for 10% only after putting my deposit. I have used this broker close to a year now and i dont have any problem with it.
‘Sell Limit’ opens a sell order when the instrument’s price reaches the level set. 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. Also, it was named ‘Most Innovative Broker’ in the year 2018 during World Finance Markets Awards.
ECN and STP accounts cannot guarantee that an order will be filled at an exact market price, since market conditions, volatility, and the volumes in the market determine the outcome of a trade. Even entering and exiting the market can induce heavy slippages, which can include both positive and negative slippages. EasyMarkets, on the other hand, promises to honor all orders at the market strike price with no slippages or requotes.
The texts on this page are not are not investment recommendations. The whole notion of offering fixed spreads is to provide traders with the best possible trading conditions. EasyMarkets also offers competitive conditions, contracts, and leverage that are accessible to both novice and experienced traders. EasyMarkets is a licensed online broker that allows Forex and CFD trading through its proprietary trading platform. Investors can also trade with a variety of asset classes, including indices, shares, commodities, precious metals, and cryptocurrencies.
- To achieve its policy goals, easyMarkets provides capital adequacy, negative balance protection, and free guaranteed stop-loss orders.
- Trading itself is not easy, but in terms of the mechanics of signing up and using the easyMarkets Platform, this reviewer found this process relatively ‘easy’, from sign up to placing a trade.
- Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money.
- The texts on this page are not are not investment recommendations.
Traders are able to customize and create trading templates or choose from pre-designed templates. Easy Markets MetaTrader 4 has 80+ markets including currencies, metals, commodities, indices, and cryptocurrencies. It has fixed spreads for price transparency and all expert advisors are allowed.
The easyMarkets app
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They’re charged for things like depositing cash, not trading for long periods, or withdrawals. Whenever you make a genuine trade, like buying a stock or an ETF, you’re billed trading charges.
I haven’t seen these tools provided by other brokers which helps them to stand out from the crowd. However, AvaTrade do have some similar tools available for trade management and balance protection. MetaTrader 4 is a popular trading platform amongst traders and easyMarkets included this powerful platform in their list. This platform allows traders to use advanced trading knowledge to customize their terminals and display multiple live charts while using technical indicator overlays. Due to its ability to integrate a wealth of features that allow tailored market analysis and automated trading, most traders choose to use the MT4 platform. This platform is as well as preferred by advanced traders because it shows an amount of information displayed in one window.
This programs is available free of charge if you have registered with easyMarkets. When trading in the browser, no software download and installation are required. The interface for the web browser is quite easy, so even if you are a beginner in Forex trading, you will quickly learn how to trade foreign currencies online.
However, there is a set limit of $70 for minimum transactions across all accounts. Payment methods and processing times are the same as with deposits. Most importantly, all this will happen if you have placed a withdrawal request. Nevertheless, do not forget to check transaction fees with your payment provider for a smooth transaction.
easyMarkets Risk Disclaimer
The commodity market presents traders with another substantial diversification opportunity. It is well-regulated and has a strong track record since it has been in business since 2001. EasyMarkets has a very high trust score, compared to other brokers. With this tool, you can temporarily stop the fluctuations of the prices of an asset of interest in order to quickly open a trade position at the frozen price. Typically, clicking on the freeze button freezes the prices for about 3 seconds, within which the trader is expected to either click ‘buy’ or ‘sell’ at the paused price. The local transfer is available in India, Indonesia, Vietnam, Thailand, and Malaysia.
In such a scenario, easyMarkets offers the ability to reset a customers account balance to zero. To start trading using easyMarkets, you have to deposit $100. Any processing fees from your bank might have to be incurred by you. The reason that easyMarkets asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies.
Financing or overnight prices are those who are billed when you maintain a leveraged position for more than a day. Download the easyMarkets MetaTrader 4 Program free of charge from Apple’s App Store. EasyMarkets customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
It provides a variety of selections for trading FX, CFDs, shares, commodities, cryptocurrencies, and indices. The brand was founded on the idea of democratizing trading and with the value of a transparent trading experience. The company has developed its tools and platforms into simple and user-friendly yet powerful instruments for any type of trader. EasyMarkets is an online broker that dedicates itself to its core like a simple and honest broker. The firm was founded in 2001 and offers more than 200 tradable assets with its competitive platforms.