EasyMarkets review
About the broker
Easymarkets.com is an MM-type broker that has been in the market since 2001, operated by Easy Forex Trading Limited based in Cyprus. The broker is regulated by several authorities, including CySEC, and offers a wide range of trading instruments. The platforms it provides include MT4, easyMarkets WebTrader, and mobile applications, allowing traders flexibility in trading.
Easymarkets does not require a minimum deposit, allowing traders to start with small amounts. Traders can trade micro lots starting from 0.01 lot, which is friendly for beginners who want to test their strategies with smaller capital. The broker also offers a demo account valid for 10 days, which is useful for those who want to try out the platform before starting real trading.
In terms of account funding, the broker accepts various methods including credit cards, Skrill, NETELLER, WebMoney, and bank transfers. Regarding fees, easymarkets charges withdrawal fees and there are also spread and commission fees.
In terms of trading conditions, easymarkets allows techniques such as hedging and scalping, and offers leverage of up to 1:30, which can increase potential profits but also risks. Spreads range from 3 pips, which may be on the higher side, but for advanced accounts, these costs can be lower.
In conclusion, easymarkets is a broker with a long-standing presence in the market, offering a sufficiently robust platform for various types of traders, from beginners to advanced. Its regulation and wide range of tools provide confidence and flexibility in trading strategies.
Risk warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| Basic information | |
|---|---|
| Regulations |
|
| Number of CFD asset classes | 6 |
| Broker type | MM |
| Customer support |
|
| Deposit from | 5 EUR/USD |
| Spreads | 1 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. |
| Real Stocks and ETFs | |
| Platforms |
|
| Instruments CFD | Commodities, Share CFDs, Forex, ETF, Cryptocurrency traded as CFD, Indicies |
| Established | 2001 |
| Location | P.O. Box 53742Limassol 3317Cyprus |
| support@easymarkets.com | |
| Country | Cyprus |
The review is current as of .
About the broker
Easymarkets.com is an MM-type broker that has been in the market since 2001, operated by Easy Forex Trading Limited based in Cyprus. The broker is regulated by several authorities, including CySEC, and offers a wide range of trading instruments. The platforms it provides include MT4, easyMarkets WebTrader, and mobile applications, allowing traders flexibility in trading.
Easymarkets does not require a minimum deposit, allowing traders to start with small amounts. Traders can trade micro lots starting from 0.01 lot, which is friendly for beginners who want to test their strategies with smaller capital. The broker also offers a demo account valid for 10 days, which is useful for those who want to try out the platform before starting real trading.
In terms of account funding, the broker accepts various methods including credit cards, Skrill, NETELLER, WebMoney, and bank transfers. Regarding fees, easymarkets charges withdrawal fees and there are also spread and commission fees.
In terms of trading conditions, easymarkets allows techniques such as hedging and scalping, and offers leverage of up to 1:30, which can increase potential profits but also risks. Spreads range from 3 pips, which may be on the higher side, but for advanced accounts, these costs can be lower.
In conclusion, easymarkets is a broker with a long-standing presence in the market, offering a sufficiently robust platform for various types of traders, from beginners to advanced. Its regulation and wide range of tools provide confidence and flexibility in trading strategies.
| Basic information | |
|---|---|
| Regulations |
|
| Number of CFD asset classes | 6 |
| Broker type | MM |
| Customer support |
|
| Deposit from | 5 EUR/USD |
| Spreads | 1 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. |
| Real Stocks and ETFs | |
| Platforms |
|
| Instruments CFD | Commodities, Share CFDs, Forex, ETF, Cryptocurrency traded as CFD, Indicies |
| Established | 2001 |
| Location | P.O. Box 53742Limassol 3317Cyprus |
| support@easymarkets.com | |
| Country | Cyprus |
Pros
- Multiply regulated broker with a strong establishment: The broker holds multiple regulatory licenses and has a stable position in the market.
- Great technical solutions, tools, platforms: It offers excellent technical solutions, tools, and trading platforms.
- Good Reputation: It has a solid reputation and credibility.
- Quality education: It provides high-quality educational materials and training.
- Negative balance protection: It ensures protection against negative balances on accounts.
- Regulated by ASIC and CySEC: It is regulated by ASIC and CySEC, providing clients with assurance and transparency.
- Competitive trading conditions: It offers competitive trading conditions that can be advantageous for traders.
Cons
- Only Forex and CFDs: It specializes only in Forex and CFD trading.
- No 24/7 support: 24/7 support is not available.
- Conditions vary based on entity: Conditions may vary depending on the specific entity or subject.
Licences and regulation
- Easy Markets Pty Ltd - authorized by ASIC (Australia) registration no. 246566
- Easy Forex Trading Ltd - authorized by CySEC (Cyprus) registration no. 079/07
- EF Worldwide Ltd - authorized by FSC (British Virgin Islands) registration no. SIBA/L/20/1135
