These tools are available exclusively for stocks CFDs and include guaranteed stop-loss and take profit features. In addition, the easyMarkets platform promises no slippage, which means that every trade would be executed at the exact price it was traded despite periods of high volatility. Clients of easyMarkets can trade Forex at any time of the day or night since the market is open nonstop, except for the weekends when only crypto currency trading is available. All major currency pairs can be traded here, including EUR/USD, GBP/USD, AUD/USD, USD/JPY, USD/CAD, and USD/JPY. EasyMarkets affords its clientele flexible alternatives for depositing and withdrawing money and competitive trading conditions. While they cover a variety of subjects, the training materials are mainly targeted at new traders.

More Forex Guides

  • Here traders can set their strike price, expiration date, trade volume and then choose if the price will go up or down.
  • The educational section offers more value and is separated into five categories.
  • Whether you trade on the easyMarkets Web/App, MT4, or MT5 platforms, you can expect competitive spreads starting at just 0.7 pips on major pairs like EUR/USD.
  • It expanded its market coverage, gradually adding more assets and trading instruments to its portfolio.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Beyond direct support, Easy Markets also offers a comprehensive FAQ section on their website. This resource covers a wide array of topics, from account registration to trading features, and provides users with self-service options for common questions. With these diverse support options, Easy Markets is committed to providing a seamless and efficient customer experience, contributing to a positive and stress-free trading environment. These trading conditions make Easy Markets an attractive option for a wide range of traders, offering favorable terms and essential risk management features.

Deposits & Withdrawals

  • The typical withdrawal processing time is one business day, and withdrawals must be made to the same account you originally deposited funds from.
  • With low minimum deposits, competitive leverage, and a range of risk management tools, it provides a secure and user-friendly platform suitable for all types of traders.
  • The mobile trading apps at easyMarkets are highly functional, providing traders with the flexibility to trade on-the-go effectively.
  • This means that customer deposits are held separately from the company’s operational accounts, reducing the risk of mismanagement or loss of funds.
  • EasyMarkets distinguishes itself with a clear and simple pricing model, setting it apart from many rivals that have more complicated fee structures.

Since launching in 2001, the broker has racked up some pretty impressive stats. For example, they have completed over $2.92 trillion in USD volume, have executed over 56.3 million order and have served over 145,000 traders. In this easyMarkets review, we will give you what you need to know about the broker. For specific operating hours, please refer to the brokers website or contact support directly.

easy markets review

How does easyMarkets manage risk?

Of course, leverage is a double-edged sword and you want to make sure that you have implemented the correct risk management procedures to limit potential downside potential. At easyMarkets, you only need to place a certain initial margin that is only a fraction of the trade size that you will be taking on. This means that you will be trading with leverage and can magnify your gains / losses. Then you also have a premium account that requires a deposit of $2,000 and a VIP account which requires $10,000.

Crypto trade has become incredibly popular in the past few years with the rise of cryptocurrencies. It all started with the incredible success of Bitcoin, the first decentralized virtual currency in the world. However, easyMarkets does not offer trading Bitcoin or other cryptocurrencies as buying or selling the actual virtual currencies. Therefore, investors do not need to use exchange accounts or digital wallets. However, easyMarkets has introduced several tools that would protect investors from the risks resulting from leverage.

With over 20 years of experience in the industry, easyMarkets has earned a reputation as a trusted broker. EasyMarkets’ customer support desk operates on a 24/5 basis, meaning they can be contacted at any time of the day, all week long, across all available platforms. According to easyMarkets.com customer reviews, the easyMarkets’ customer support desk is available in different languages, such as Chinese, German, Spanish, Arabic, Polish, and English.

Withdrawals

Catering to a global market, the broker attracts a wide range of users thanks to its user-friendly platform, extensive educational materials, and support in multiple languages. However, its heavy emphasis on CFDs and absence of traditional stock trading might not be ideal for every trader. You will also notice on the web platform that you have other options before you place your trade including whether you want to freeze the rate or cancel a deal. Well, given that they are market makers it means that the trades are executed internally and risk is managed on their books.

easy markets review

Once it expires, the resulting payout, if any, will then be credited to your account. For Standard accounts, easyMarkets’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these. However, there needs to be a copy trading service, which might limit learning opportunities for inexperienced traders seeking hands-on guidance. While it provides educational resources, these may need to be more detailed for more experienced traders who need advanced guidance.

The primary MT4 platform, as provided by this broker, lacks core features and represents a sub-standard trading portal. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.

If you want to start trading with easyMarkets, you need to sign up for a new account by clicking on the ‘sign up’ button found on the website. A short form displays; enter your email, password, phone number and click ‘sign up’. Alternatively, if you have a Google or Facebook account, you can import your profile info into easyMarkets by clicking the appropriate button and signing into your account. Immediately, you will be logged into the online platform where you are required to fill other forms, make a deposit and start trading.

EasyMarkets is a financial institution with a strong international presence. In addition to its headquarters in Limassol, the Cyprus broker has other easymarkets broker offices in Sydney, Australia. The broker is doing the most to ensure its presence in as many regions as possible, and this is part of its efforts to increase its popularity and clientele. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team.

The website, easyMarkets, is the trading name of Easy Forex Trading Limited, which is based and registered in Limassol, Cyprus. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC). EasyMarkets is also licensed by the Australian Securities and Investments Commission (ASIC) and fully authorized to offer financial services in Australia. In fact, easyMarkets now offers its clients plenty of ways to trade, including CFDs, options, forwards, and the new and innovative trading product easyTrade.

Your risk remains limited by how much money you’re willing to put at risk up front and you can still enjoy unlimited potential profit on each trade. EasyMarkets accepts clients from most countries worldwide, excluding a few restricted regions such as the USA, Iran, and North Korea. Availability may vary, so it’s recommended to check eligibility on the broker’s official website. We successfully registered an account with easyMarkets, which took only 5 minutes. All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.