Therefore, before trading, verify the easyMarkets trading instruments available and the regulations governing them based on your account holder, location, and chosen platform. As a result, selecting the right trading platform like easyMarkets requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like easyMarkets available, each with unique features, fees, and regulations. EasyMarkets offers a range of educational materials to support traders at every level. From beginner to advanced, traders can access articles, videos, and eBooks on various trading topics.
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. For example, with a Bitcoin trade, we noticed that the for 1 Bitcoin exposure at a price of $8,300 we would need to put down $166. Also, when you have the VIP account you have the lowest spreads on offer at easyMarkets. You will also have access to real time market updates sent through SMS. All these accounts also have a live telephone support option as well as an account manager.
What topics are covered in easyMarkets’ learning materials?
This ensures that the platform adheres to strict regulatory standards, offering a secure and trustworthy trading environment. The deposit and withdrawal system at EasyBourse is simple, but very traditional. All fund transfers are done exclusively by bank transfer, which guarantees security, but slightly increases the processing time (allow 48 to 72 hours in general). There are no withdrawal or deposit fees, which is appreciated in the long term. EasyBourse enjoys a good overall reputation on Trustpilot, with an average rating of 4.2/5 out of 1,439 reviews.
MT4 is widely recognized for its advanced charting tools and indicators, while WebTrader offers a simpler experience for those who prefer an intuitive browser-based platform. With both platforms available, you can choose the one that best fits your trading style and needs. The broker’s licenses and regulations ensure its credibility and safety, which are essential factors when selecting a trading platform. The VIP MT4 account provides the most cost-effective trading option, with fees as low as $7 per lot for EUR/USD.
easyMarkets Spreads
The advantage of market makers is that they usually have quick access to liquidity, making it possible for traders to jump in and out of trades promptly with decreased risk of negative slippage. The broker also features dealCancellation, a type of insurance that allows traders to pay a flat fee to protect a specific position. Should the trade start incurring a significant loss, the trader can terminate the position at no extra cost. My tests indicate that easyMarkets has average-to-high swaps, which is acceptable for longer-term trading.
Customer Support
The first thing to note about the VIP status is that it can attained with a relatively low initial deposit. Compared to many other brokers which require $20,000 plus, easyMarkets has a pretty strong selling point at $2,500. One of the most noticeable differences between these accounts is the spreads that you will get when trading. When you are on the VIP tier then you will also get some other perks that reflect your client value. The really cool thing about easyTrade is that unlike Binary options, it is fully ESMA compliant.
Learn more about FOREX.com powerful trading platform and how you can get started today. All of these features help prevent you from suffering unexpected losses and keep your investment safe. EasyMarkets is headquartered in Limassol, Cyprus within the European Union and submits to regulation under the Cyprus Securities and Exchange Commission’s (CySEC’s) oversight. The broker is subject to the rules and regulations specified in the EU’s Markets in Financial Instruments Directive (MiFID) and includes the segregation of client funds from its own money. You’ll find a “Getting Started” section, a “Discover” series, free eBooks, Knowledge Base, a Trading Glossary, a description of the key economic indicators and detailed FAQs.
What are the spreads on easyMarkets accounts?
Here, where the minimum deposit is at its highest as it reaches AUD$ 10,000 and features similar to those of the premium account with the exception that the VIP account can be used on MT4. But in that case, using a VIP account on the MT4 platform will prevent your ability to have no slippage and you also won’t have any guaranteed stop loss. In addition to the regulation, easyMarkets also focuses on client protection. The broker offers Islamic accounts for swap-free trading, as mandated under Shariah law. Traders seeking an Islamic account must contact easyMarkets customer support and request the service from there.
Users can conveniently test their expert advisors as MetaTrader 4 provides them with two decades of historical data. Modern brokers like easyMarkets provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, easyMarkets may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall easyMarkets trading profitability. EasyMarkets has been providing its services for a long time and has built a reputation as a prudent broker with unique features not found generally. There is a wide variety of trading products across a variety of markets, and the platforms and tools are versatile enough to satisfy any trader.
Deposits are processed instantly, while withdrawal processing times depend on the method used. The broker also offers fee-free deposits and minimal withdrawal fees, making it convenient for beginners. The broker provides access to both traditional and digital markets, including forex pairs, indices, commodities, and stocks. With its competitive spreads and leverage options, Easy Markets makes it easier for beginner traders to start with a diverse set of instruments. To better understand the easyMarkets trading platform, you can create two separate accounts – one with real money and the other a easyMarkets demo account. A easyMarkets demo account provides a risk-free environment for experimenting with the easyMarkets platform’s features and trading strategies before risking your actual funds.
- When customers sign up for the first time, the system will automatically open a standard account.
- Furthermore, easyMarkets is active across multiple social media channels, such as Facebook, Instagram, X (formerly Twitter), LinkedIn, and YouTube, making it easier for clients to connect with them.
- In other words, easyMarkets leverage profits and losses are magnified when trading.
- All our day trading products on the App have Stop Loss, further more this is guaranteed and is editable.
Many customers also appreciate the presence of a support team based in the United States, deemed accessible, professional, and fast. Some also mention the good support during account transfers or the opening of a securities account. The minimum deposit to open an account with EasyBourse is $50, whether for a standard brokerage account, a retirement account, or a small business retirement account.
Trading on easyMarkets web platforms and other applications
Demo account options are available where trades can try out the broker first before deciding to open a real account and invest real money. The main purpose of the demo account is to allow newbie traders or even expert ones to try out new techniques and test their knowledge before going into the world of real forex trading. The minimum deposit goes up to AUD$ 3,000 with a bit more features on this type of account than those on the standard account. For example, in addition to over-the-phone support, market SMS notifications, a personal account manager, and live chat trading 24/5 are available for use. I found that the broker’s MT4 and MT5 accounts offer more favorable fees, but the proprietary platform provides a better selection of tools. While easyMarkets doesn’t offer a raw account with spreads starting from 0.0 pips, it does support 18 base currencies, which is quite generous.
- You also can take a look at the option sensitivity analysis or the all important “greeks”.
- The broker offers a handful of traditional client accounts and gives customers the option to register swap-free Islamic accounts where no interest is involved.
- 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.
- It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results.
- These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices.
The app is more flexible and under your control with its pending order feature. All you have to do is choose a rate and a date for your trade to begin. At par, easyMarkets is the only broker that can “insure” your trade for 60 minutes. This is a very unique feature that I have not seen from many other brokers but make sure you read the terms and conditions as there are some limitations. At easyMarkets, there is no inactivity fee for the accounts that remain dormant/inactive for any period of time which is great but quite common for brokers nowadays.
In addition, all CySEC-regulated brokers also offer an extra guarantee to their investors as a member of the Investor Compensation Fund. The broker also offers a mobile application where you can trade on any software, was it IOS or Android, and it works on both. Established in 2003, easyMarkets has focused on innovation and serving its clients in the best way possible. Striving to offer the best trading products along with a great investment experience.
And if you easymarkets broker want to do advanced charting, access to ProRealTime (offered from 4 orders/month) is a real plus. There is also no social portfolio functionality or automatic tracking of other investors on the platform. EasyBourse was created in 2005 and obtained its approval as a PSI in 2008. Since then, the platform has specialized in online stock market investment for French individuals.
