Background

This easyMarkets review will reveal the main offerings of the broker to forex traders.

Incorporated in 2001, easyMarkets stands out as one of the brokers that have revolutionized online currency trading in the world.

Click here to register an account with easyMarkets.

It offers unique trading opportunities to traders, for example, the innovative dealCancellation feature that allows traders to cancel losing trades within 60 minutes.

The broker was previously called easy-forex before rebranding to easyMarkets in 2016.

The forex brokerage company was established by a group of bankers and currency trade experts who know the needs of the industry.

The aim of the founders of easyMarkets was to come up with a forex trading platform that will be easy to use and hassle-free to both novice and experienced traders.

easyMarkets serves thousands of clients located in more than 160 countries around the world.

Credibility

easyMarkets is a very credible broker that will increase your user experience in forex trading.

It is licensed in Australia by ASIC (Australian Securities and Investments Commission) under license number 246566, and Europe by CySEC (The Cyprus Securities and Exchange Commission) under license number 079/07.

As such, the strict regulation that easyMarkets embraces affirms to its commitment to offer a solid trading experience to its customers all over the world.

Further, the company has implemented a number of initiatives to ensure the safety of its clients’ funds.

Some of these include receiving client funds in the company’s fiduciary segregated client bank accounts, maintaining accounts with reputable international banking institutions, as well as constant supervision and monitoring of accounts to eradicate unhealthy practices.

Ease of use

Performing a easyMarkets review has revealed that the broker lives up to its name by providing clients with easy-to-use and hassle-free products and services. The process of registering for an account is fast and simple with easy to follow instructions.

Deposit and withdrawal of funds (through multiple options) is trouble-free and its customer staff is always ready to address the difficulties faced by clients.

The website of the broker is devoid of unnecessary complexities and therefore points to the type of broker it is.

In contrast to other forex brokers’ websites, easyMarkets website is properly organized with easy to follow navigations. Thus, this reinforces its strict adherence to simplicity.

When you dig deeper into the website, you will unearth all the information you require, which is presented in a user friendly and easy to comprehend manner.

Importantly, the website provides a guided tutorial on how to trade currencies using easyMarkets.

After you’ve opened an account with the broker, you will be contacted by an account manager who will be your “father” as you commence a career in forex trading.

Your personal account manager will provide you with one-on-one coaching in your language, and he or she will be always available during the local business hours to answer your questions.

easyMarkets requires as little as $25 for trading most of its financial products. Thus, this low financial barrier to trading is an ideal introduction to forex trading, as new traders can practice with micro lots before risking with big capital.

Trading Platforms

easyMarkets is pushing the button of technology harder with its innovative and easy-to-use trading software.

These are the trading platforms it provides:

1.easyMarkets platform

This online-based trading platform is equipped with comprehensive tools and unique features to help traders make informed and accurate decisions.

Some of the features of  the easyMarkets platform include:

• dealCancellation feature that allows you to cancel any trade within one hour, and recover your losses
• Guaranteed fixed spread with no slippage
• Negative balance protection from losing trades
• Real-time market news and expert analysis

2. easyMarkets MT4 platform

easyMarkets brings the benefits of the award-winning trading platform Metatrader (also known as MT4) to its clients. This platform is best-suited for those who want to do extensive technical analysis before executing orders.

It is a downloadable trading platform that offers customized trading environment for the high-performance end users. It is tailor-made to provide a personalized trading experience for charting, market news, and currency trading.

Some of the features of  easyMarkets MT4 platform include:

• Fast, superior market execution
• Guaranteed fixed spread
• Negative balance protection
• Availability of numerous pre-installed indicators
• Ability to auto-trade and run all kinds of expert advisors
• Presence of various analytical tools
• One-click chart trading
• Real-time market news and analysis

3. easyMarkets Trading app (for iOS and Windows devices)

easyMarkets is leading innovation in the forex industry by providing a cutting-edge application that enables mobile users to access trading services at the comfort of their favorable gadgets.

In addition to allowing users to know the status of their easyMarkets accounts and the happenings in the market, the software can be used for:

• Opening and closing trades
• Receiving price notifications
• Carrying out technical analysis in real-time
• Funding and withdrawing funds from account

easyMarkets Account Types

easyMarkets provides different account types to its end users that match with their style and habits in trading.

Every account type is structured to make sure that customers trade in a safe, informed, and supported environment.

Here are the three main types of accounts it offers:

i) Standard account

• Minimum deposit required is $100
• It offers a bonus of 50% (bonus is unavailable to EU clients)
• It offers spreads of 3 pips

ii) VIP account

• Minimum deposit required is $2,500
• It offers a custom bonus to clients (bonus unavailable to EU clients)
• It offers spreads of 1.8 pips

iii) Europe VIP account

• Available only to EU clients
• Spreads start from 1 pip
• Clients enjoy other best trading conditions of easyMarkets

iv) Islamic account

• It comes with all features of the other type of accounts
• It complies with the needs of Muslim traders

Deposits and withdrawals

Currently, easyMarkets offers up to 50% bonus on deposits.

Because of regulatory reasons, the broker does not offer bonuses to traders based in Europe.

The company does not charge commissions on deposits or withdrawals; it’s compensated for its services only through spreads and rolling fees.

It allows the following forms of withdrawals and deposits:

• • • Bank wire transfer
    • The major credit cards
    • E-wallets–WebMoney, Skrill, Neteller, SoFortüberweisung, etc

Deposits and withdrawals made using the major credit cards and e-wallets are usually processed instantly.

For bank wire transfers, payments can take up to 5 business days to be processed.

EasyMarkets Leverage

The European Securities and Markets Authority (ESMA) recently announced new regulations for trading financial products. These measures are intended to protect the interests of retail traders.

Consequently, as a regulated trading platform, the easyMarkets broker review has discovered that it has complied with the new regulations.

Here is how the broker offers its leverage:

• 30:1 for major currency pairs. Examples include EUR/USD and GBP/USD.
• 20:1 for non-major currency pairs. Examples include NZD/USD as well as gold and major indices  such as FTS, CAC, DAX, ESX, SPI, NDQ, NKI, ASX
• 10:1 for commodities with the exception of gold and non-major equity indices
• 2:1 for cryptocurrency CFD

Customer service

easyMarkets has earned a name for itself in terms of having a competent staff to address the needs of its clients.

Its support staff is very helpful and can be reached through e-mail, phone, or live chart 24/5.

The company allocates each client his or her own personal account manager who walks him or her through the world of forex trading.

And, the personal account managers are always ready to respond to the questions of their clients.

Other services

• • • easyMarkets is available in many languages, including English, Arabic, Chinese, Hebrew, Polish, Greek, and German.
    • It offers more than 300 financial instruments for trading, consisting of currencies, commodities and indices
    • The account base currencies is available in EUR, GBP, USD, CNY, AUD, PLN, ILS, ZAR, NOK and JPY.
    • It offers a free demo account
    • It routinely holds contests, for example, the monthly NFP contest in which participants are rewarded for correctly predicting the value of the figure.
    • Traders receive expert market analysis and technical reports through their preferred method of delivery.

Summary

This easyMarkets review has shown that the broker stands out from the crowd in terms of simplifying the trading experience of its customers.

Therefore, this exhibits the company’s commitment to helping traders, especially newbies, master the art and science of forex trading, and consequently reap big profits.

Click here to start trading with the broker today!