EasyMarkets is a popular choice for traders as the broker offers fast execution with very competitive trading costs. Free demo accounts and educational material are provided to help beginners become accustomed to the platforms and trading online. Besides this, advanced courses are also available for pro investors who are looking to take their trading up that extra notch. Demo accounts are available if you wish to test the different trading platforms and conditions before opening a real account.
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EasyMarkets training section also includes an innovative chart analysis page that helps traders to select the best possible product from the list and analyzed in real-time. Founded in 2001, easyMarkets hasstarted its journey as a financial broker with an idea of democratizingtrading. EasyMarkets is the trading name of Easy Forex trading Ltd., a Cyprusbased brokerage which was previously named as ‘Easy-Forex’. Currently, it isproviding its financial services in over 160 countries worldwide with more than175 trading instruments. Compared with a number of other Forex brokers, easyMarkets payment methods are rather limited. 12 currencies are accepted for deposits, but can only be made using a credit card or wire transfer.
WHAT CAN YOU TRADE AT EASYMARKETS?
This is essentially a free tool that lets the trader freeze the current market rate for 2-3 seconds. Hence, if you observe an important trading level and would like to execute it you can quickly freeze the rate before pulling the trigger. Because dealCancellation can be considered an “insurance” you will have to pay for this protection. This price will depend on the asset as well as the volatility present in the markets at the time of the trade. This is a feature that easyMarkets includes on their web platform that basically allows a trader to cancel a trade after it has been placed and executed. Once you have filled out the form you will be directed to their proprietary options platform.
Brokers Similar to Easymarkets
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. These materials cover a wide variety of topics from reading a stock chart to trading strategies. You can take advantage of this leverage without having to worry about stop losses. 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 Instruments Summary
- This makes them one of the longest-serving brokers within the retail forex sector offering online services.
- As any stock trader will tell you, a good broker can make all the difference.
- Although their interface is user-friendly for beginners, CFD trading is sophisticated and hazardous.
- Our review team was also impressed with easyMarket’s Vanilla Options platform.
Even though, the easyMarkets are even proud to be a market-making broker since they ensure stable trading conditions to their client under any market conditions and even extreme volatility. The range of account types and advanced software features are also great benefits available to all easyMarkets clients, which is worth consideration. The broker gives you multiple ways to trade on multiple markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs & ETFs.
All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Based on our findings, account funding is easy and straightforward process at easyMarkets available through the client area.
Additionally, this is advantageous for traders needing to take a break from trading without worrying about additional costs. The economic calendar in this updated platform is advanced, while the EA strategy tester has been upgraded, offering traders an even broader analytical environment. Furthermore, with various tools catering to technical analysis, live market updates, and schedule integration of financial events, users gain prompt insights that enable informed decision-making in real time. For seasoned traders who want a high-quality trading experience, the Web/App VIP Account is ideal. You must deposit at least $10,000 to qualify for this premium service. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs.
EasyMarkets has also developed some really helpful trading tools that give their users more choice. Many of these are patent pending and they are all within the rules that are defined by the regulators. Another great benefit https://traderoom.info/ of the MT4 platform is that it is exactly the same across all of the brokers across the world. So, if you learn to use it on easyMarkets and would like to move to another broker then it is really quite simple.
Overall, the broker allows traders to leverage their investments to increase exposure and capitalize on forex market fluctuations. Leverage is a loan provided by brokers, allowing traders to establish larger positions than their actual investments. Overall, the Islamic Account offered ensures a trading experience compliant with Sharia principles that permit Muslim traders to engage in the markets without interest. Furthermore, traders who use this account receive personalized account management services with detailed analysis updates along their trading journey.
FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade. Two decades of achievements and trustworthy service to clients have earned easyMarkets its CySEC easymarkets broker review and ASIC licenses, in addition to more than 40 global awards. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Just joined recently and was having difficulty getting the account funded.
They have translated their website into 6 different languages in order to target the numerous different regions for potential traders. Although they do have large client coverage, there are a number of regions where they cannot accept clients from. You can see the full list on their site but perhaps the most prominent is the United States. Given how long this broker has been operating, they have been through some pretty tough market conditions such as the Swiss Franc in 2015 and the Brexit referendum. Since launching in 2001, the broker has racked up some pretty impressive stats.
For those who may be unsure of a certain trade, this could prove to be just the correct enticement they require. EasyMarkets has also got quite a few options when it comes to the types of accounts that traders can use. This is unlike many other brokers these days that offer a standard account irrespective of amount traded. As you can probably tell from our easyMarkets review so far, this broker provides you with a range of unique tools and conditions. These are all proprietary innovations, which have been created to enhance your trading experience.
EasyMarkets leverage levels, as always they are depending on the instrument you trade or platform you use and are also defined by regulatory restrictions. Yes, easyMarkets is a safe trade due to its high regulatory standards, is operating through a few regulated entities in its established jurisdiction, and is not a scam. The broker has no 24/7 support, also the instrument range is limited to Forex and CFDs. Among other things, the broker’s conditions might vary based on the entity. EasyMarkets have an integrated financial calendar within the platform so that you can easily keep up to date with the latest financial releases. They can be used to spot potential trading opportunities by looking for price action patterns and using technical indicator analysis.
To access this feature you need to be using the easyMarkets platform, not the MetaTrader 4 platform which easyMarkets also offers. When taking your position, you must activate dealCancellation as shown on the screenshot below. When you do this, a small premium in the form of a slightly wider spread will be charged.