easyMarkets Broker Review Pros and Cons: Key Findings 2023 ️
With less than 300 tradable symbols available, easyMarkets is at a disadvantage compared to peers in its offering of investments. EasyMarkets offers a wide range of account types tailored to meet the needs of both novice and experienced traders. With low minimum deposits, competitive leverage, and a range of risk management tools, it provides a secure and user-friendly platform suitable for all types of traders. The accounts are developed to meet the individual needs of clients, giving them access to good trading conditions. For all its accounts easy Markets offers fixed spreads, except for the MT5 account, which offers variable spreads.
- The broker is also regulated by the well-regarded authority Australian Securities and Investments Commission (ASIC) which further solidifies the broker’s reliability.
- Client Relationship Manager was very efficient to communicate and made sure i received my funds.
- With the dealCancellation tool, you can day trade on the app while undoing losing trades within 1,3 or 6 hours for a minimal cost.
- EasyMarkets is a CFD (Contract For Difference) broker with execution style based on Market Maker (MM) models.
- EasyMarkets provides access to various commodities, such as gold, silver, oil, and agricultural products.
This is particularly impressive given that https://traderoom.info/easymarkets-introduction/ most brokers charge some sort of inactivity fee. As such, easyMarkets is perfect if you are a beginner, unsure of how frequently you’ll trade. EasyMarkets strives to provide transparent, trusted, and regulated financial services.
What is easyMarkets? – The company presented
We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. We are thrilled to hear that you had a great experience with easyMarkets! Your kind words mean the world to us and we are grateful for your feedback. Thank you Mr.Francis, we really appreciate you taking the time to give us such positive feedback.
MetaTrader5
The easyMarkets MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system. Additionally, to connect to the easyMarkets trading server.Take the time to understand all of the easyMarkets Android MetaTrader 5 features. With easyMarkets MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere. MT5 on easyMarkets provides the convenience of using automated trading systems and copy trading, giving easyMarkets traders competitive research tools in the financial markets.
Opening an account with easyMarkets
You may reach out to them through various channels, including Live Chat, Phone, and Email. I think they could improve by increasing support hours to 24/7 just like competitors such as Trading 212. 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.
How does easyMarkets make money?
As far as minimum spreads are concerned, the width of the spread depends on the type of trading account the trader is executing transactions in. For a standard account, spreads start from three pips, while premium account holders get more competitive spreads beginning at 2.5 pips. The VIP account holders have access to the lowest dealing spreads, which start at 0.9 pips. However, the customer support and limited selection of trading instruments are where this broker needs improvement.
Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features. It provides a strong trading environment with a user-friendly platform, high regulatory standards, and competitive features. With a wide range of CFD offerings, generous leverage options, and excellent customer support, easyMarkets stands out as a top choice for traders. The Broker has established itself as a trusted and innovative trading platform over the years.
The easyMarkets brand is a global group of companies available in most countries (specific regional restrictions are in place). This review highlights the easyMarkets offering and whenever a regional difference occurs it will be promptly stated. EasyMarkets is an online brokerage firm founded in 2001 in Cyprus as Easy Forex and rebranded to easyMarkets in 2016. EasyMarkets is the trading name of the easyMarkets Group which is part of Blue Capital Markets Limited. The accurate documentation of every withdrawal enables users to keep track of their history.
EasyMarkets has a wide range of products to trade, including CFDs on forex, cryptocurrencies, stocks, indices, options, and commodities. However, bonds and ETFs aren’t present in the broker’s product portfolio. If these are instruments that you would like to trade then you could consider AvaTrade as a viable alternative broker. With Negative balance protection, traders cannot lose more money than they have deposited. Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments.
