Additionally, introducing a copy trading feature would cater to those seeking diversified opportunities and passive investment strategies. Although easyMarkets doesn’t charge for withdrawals, you may encounter fees from third-party processors when using crypto or e-wallets. Setting it up was quick – just an email and password – and the $10,000 in virtual funds let me experiment freely without financial risk. 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.
Investors who decide to open an easyMarkets account can also buy and sell CFDs on a wide range of commodities. Just like with CFDs on stocks, trading CFDs on commodities does not require investors to buy or sell the underlying asset – wheat, soy, oil, etc. Due to the high volatility of this market, the prices change very quickly – to secure an order at the current rate, easyMarkets clients can take advantage of the Freeze Rate button. Another interesting feature is the dealCancellation, which is available on select trades. Although easyMarkets is not publicly traded, it is considered a safe and reliable FX and CFD broker. It is regulated by several reputable financial regulators and complies with all European and major international rules regarding the financial services sector.
Investors who wish to try out the platform and see all available instruments and technical tools can also open a demo account. Depending on their capital and experience, investors can opt for four different types of live accounts. Standard, VIP, premium, and professional accounts are all available at easyMarkets. The platform enables you to identify favorable opportunities in the global markets, which can significantly improve your results as a trader in the long run. It also functions as a social media platform, allowing you to connect with fellow traders, exchange ideas or strategies, and discuss market conditions. The firm was established in 2001 and started as a Forex broker under the name easy-forex.
Easy Markets Trading Broker Review
TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Another easy market bonus is that traders can use this demo account to test their abilities and practice trading techniques without worrying about trading risk. EasyMarkets offers a range of educational resources and training tools to help traders improve their trading knowledge and skills.
Demo Accounts
Bespoke tools it’s built like ‘easyTrade’, ‘Freeze Rate’, and ‘dealCancellation’ add extra safety for new traders. Not only can you trade standard FX instruments but you can also trade Forwards and options. These are traded on some pretty advanced trading platforms with unique trading tools and conditions. Getting started with easyMarkets is simple, and funding your account is a straightforward process.
Online banking
- Risk, therefore, is the central outcome of leverage, so understanding your level of forex trading knowledge and risk appetite is critical when factoring in this variable.
- At Rationl FX, we prioritize clarity and transparency in all our interactions.
- Originally EasyForex, easyMarkets is an ASIC and CySEC-regulated forex broker with 200+ CFD instruments and 64 currency pairs.
- These educational resources are best for beginners to understand the basics of trading.
- This should not really be a problem for most traders apart from those who are trading crypto on the weekends.
EasyMarkets distinguishes itself with a clear and simple pricing model, setting it apart from many rivals that have more complicated fee structures. Over time, it has broadened its market to include commodities, indices, and cryptocurrencies, while being regulated in both Australia and Europe. It seems that they have spent their 19 years in operation honing a comprehensive yet simplistic trading experience for traders of all stripes. It could be a win-win for all as the traders can use a well-known broker and easyMarkets and the broker gets more clients in other lucrative geos.
- With negative balance protection, easyMarkets is able to ensure that a traders account will never go into negative equity.
- Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
- Not only can you trade standard FX instruments but you can also trade Forwards and options.
- The broker’s platforms and tools are recommended for traders looking for reliable and effective trading solutions.
easyMarkets commissions and fees summary
Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. easymarkets broker Thank you Mr.Francis, we really appreciate you taking the time to give us such positive feedback.
Deposit and Withdrawal
Designed with accessibility in mind, Easy Markets offers multiple platforms to meet the needs of its diverse user base. These include its proprietary web-based platform, the popular MetaTrader 4 (MT4), and a mobile app for trading on the go. The platform is particularly suitable for beginners due to its intuitive interface, fixed spreads, and risk management tools such as negative balance protection and deal cancellation. By combining ease of use with robust features, Easy Markets ensures that traders of all experience levels can participate confidently in the global markets. Most traders would probably instantly pick the MT4 platform, which is available for desktop and mobile devices. The MetaTrader 4 app can be downloaded and installed on any modern iOS or Android device.
This interesting investment product allows traders to profit from the price fluctuations of the shares without owning the underlying asset – the company stock in this case. CFD are derivatives that are traded with leveraged positions and margin trading, as it is referred to when speaking of the stock market, increases the risk for the investor. EasyMarkets is a well-established forex broker that provides traders with a user-friendly platform and a range of trading instruments.
Forex Risk Disclaimer
Over the years, it has won more than 30 international rewards for its services, including Best Forex Broker 2019 in Forex Expo Dubai and Most Innovative Broker at the World Finance Markets Awards. TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.
Are there any fees for depositing or withdrawing funds?
It also comes with tons of features for more experienced traders – it offers a news feed, charts, Inside Viewer, which shows the investor sentiments, and more. However, the availability of deposit and withdrawal methods may vary depending on the trader’s location. Please note, that this review has discovered that easyMarkets doesn’t charge any fees when traders fund or withdraw from their accounts. Another easyMarkets bonus is its management team—the team in charge of the daily operations and organization of the company. The team consists of seasoned financial experts with in-depth knowledge and experience in online trading. The quality of their work is reflected in the quality of services rendered by the broker across its trading platform.
Overall, the easyMarkets platform is easy to use, doesn’t require a download and is ideal for new to currency trading. Our broker reviews are reader supported and we may receive payment when you click on a partner site. This can be great for those who prefer the more interpersonal method of learning with fellow traders. Although mobile trading can be convenient, it is hard to replicate the same conditions as a PC. Charting is harder, connections are slower and order management is more cumbersome. However, if you are going to be away from your desk it is a handy tool to monitor your levels.