easyMarkets Review: What Are the Award-Winning Brokers Weaknesses?

The applicant will be required to complete a short online registration form and set up a unique account password before the process can continue. A guaranteed stop means that you can set the maximum amount you are willing to lose in a single trade and the broker will ‘guarantee’ you will not lose more than this amount. All features are linked together and accessible from a single screen.

  1. It would also have been great to have seen additional single stock assets to trade.
  2. Yet, make sure to learn how to use tools smartly, as high leverage and incorrect use increase risks as well.
  3. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
  4. According to easyMarkets, all client funds are in segregated accounts and ring-fenced from its creditors.
  5. All of our ratings and rankings are based on the collection and validation of thousands of data points and our in-depth product testing.

Equipped with a suite of comprehensive tools to support trading along with the tailored by the easyMarkets powerful trading conditions it is a good option to trade. Easy marker doesn’t charge any fees to fund or withdraw money from the account. The fees are covered for all easyMarkets payment methods, nevertheless, make sure to check with your payment provider in case fees will be waived from their side. EasyMarkets strives to provide transparent, trusted, and regulated financial service. The regulatory commitment requires the utmost level of security in various ways and includes clients’ safety of funds to assure integrity and safe performance.

You can chat with the customer service team live via Facebook messenger, WhatsApp, Vier and through the live chat function on the website. You will be dealing with fixed spreads, but they will vary depending on whether you are using the web platform or MetaTrader 4. The company started out offering FX pairs and this has been their major focus over the years, which is clearly evident in the wide selection of products offered under this category. Their FX product suite is far more superior to those offered by their competitors and this bodes well for traders who are solely focused on the FX space. This is equal to 0.01 standard lots or a cash value of $1,000 though it can be less if you are applying leverage on your trading.

Account Types and Requirements

The safety features comprise zero slippage, fixed spreads, guaranteed stop loss and negative balance protection. As part of the trading insights, you can access fundamental views, technical analysis from Trading Central, and Trading Central Indicators. EasyMarkets offers plenty of payment and withdrawal options to choose from. The broker facilitates its clients to make deposits free of cost and the same rest for withdrawal.

You can also benefit from the negative balance protection that they put in place. This means that as a trader, you can never lose more money than you deposit in your account. The accounts are also available with a very accessible minimum deposit of just $25 and a spread that starts from a fixed 0.7 pips, and a variable from 0.5 pips. With the easyTrade tool, a trader can trade with limited risk and unlimited protection. If market conditions are favorable, your trade will be profitable for the entire duration of the trade.

Forex Vanilla Options

After extensive research over several years, we have compiled a list of the most effective easyMarkets alternatives available today. If you are unsatisfied with easyMarkets or want to explore other options, we recommend checking out our carefully curated list of highly-rated easyMarkets alternatives. Follow the links below to learn more about these easyMarkets broker alternatives and choose the one that best suits your trading needs.

Is easyMarkets Global?

When it comes to the EasyMarkets education being offered, this section is very well provided for. There is a selection of free PDFs that you can learn from on a very wide range of topics. https://broker-review.org/ TradingView lets you combine easyMarkets industry leading conditions with zero slippage on limit orders. There are a number of trading features you can expect to find with EasyMarkets.

They are an award winning and established broker with competitive trading conditions for all traders. Demo accounts are available if you wish to test the different trading platforms and conditions before opening a real account. I would always try a broker on demo at first to see what they have to offer. Just keep in mind that demo trading conditions can differ from a live trading account. I experienced this when I tried to switch my scalping strategy from the demo to live account. They didn’t have a problem with me trading the strategy on demo but prevented me from using the same strategy on a real account.

Background to easyMarkets Comparison

Cryptocurrency here can be traded again as CFDs and there are several cryptos available. These are Bitcoin, Ethereum, Ripple, Cardano, Polkadot, Algorand, ChainLink, Solana and Uniswap which are all traded against the USD. These come easymarkets review from markets all around the world in the EU, US, Hong Kong, Japan, and Australia. Several indices from all over the world are available to trade as CFDs. This includes indices from around the EU, UK, US, Australia, Swiss and Asia.

Broker Comparison

If you are trading on leverage then the broker will also assist by providing margin calls that can stop you falling below a certain point of equity. The lowest minimum amount relates to the standard account, which is $200AUD. The largest minimum amount relates to the super VIP, which is $50,000.

EasyMarkets is a safe broker (average-risk) for forex and CFDs trading since it is regulated in one tier-1 and many tier-2 countries. EasyMarkets is a reputable worldwide CFD and FX broker founded in 2001. The Australian Securities and Investments Commission (ASIC) regulates FP Markets in Australia, while the Cyprus Securities and Exchange Commission regulates its operations in Europe.

Trading Platforms

EasyMarkets’ innovative dealCancellation feature delivers a major advantage to traders who need to undo losing trades. This feature is especially helpful for newer traders and news traders who operate during volatile markets or are more likely to make mistakes while learning. VIP traders gain access to a personal market analyst who provides exclusive, personalized and exceptional service. You can upgrade your trading account to the VIP level at any time.

You can monitor the rates, percentage change and high/lows of multiple markets. These can then be loaded into your trading ticket with just one click. The dealCancellation feature gives you the ability to undo a trade within one hour for a small fee. This is useful if you have made a mistake and want to reclaim trade losses. The pending order trading gives you more flexibility and control with the ability to set the rate and date at which you would like your positions to be opened.

The execution screen has a simple design where traders can set amounts, risk limits and dealCancelation rates with the slide of a finger. Once traders download the app, they are welcomed with ready-to-trade demo. Provided that easyMarkets accepts traders from , you can follow the below instructions to verify your account.

We have tried to contact you many times to assist you with your account, however we cannot reach you. Please note that you can close any of your open trades separately by choosing the one you would like to close individually on the platform. Please contact our customer support team via our website on Live Chat or email us at [email protected] so we can have more details on the issue you are facing and help you.

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