When it comes to easyMarket’s spreads, they differ quite a bit and will depend on a few factors. This includes things such as your account, the platform used and the asset / instrument traded. EasyMarkets keeps the spread stable no matter what market liquidity is like. Even during the historic bull run with Bitcoin they continued to offer the cryptocurrency. All of them can be used on your iOS device or your Android phone. If you’re new to Forex trading, you can use the demo to practice with an established broker.
- You can set up a demo account for yourself prior to or alongside your live CFD account.
- In my estimation, TradingView has the best charting capabilities of any platform, making it the perfect solution for chart artists.
- At easyMarkets, you have the benefit of a free Guaranteed stop losses.
- There are numerous charting indicators, technical tools and studies that you can use on the platform.
- You can basically set these up on a VPS server and have them running 24 hours a day.
- Even when the market is volatile, they keep the spread fixed.
Nonetheless, this does not mean that traders lack sufficient tools to analyze, gather insight, and assist efficient trade executions while on-the-go. Traders wanting to execute forwards or vanilla options trades will need to use the desktop trader accessible via web or alternatively, the MT4 trader. Traders can contact easyMarkets customer service for more information by phone, fax, email, live chat, or directly through the company’s worldwide offices. The research section consists of six categories, unfortunately, all not specifically valuable to traders. The information can be more efficiently retrieved from within the MT4 trading platform.
For example, the regulations in your geographical area will affect the type of leverage that you can get. You can use a bank transfer credit or debit card or e-wallet to fund your account. You can fund your account in different ways on easyMarkets. You can use their online cashier to make the process easier. The online cashier is available in the Client section of the site. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.
Tight Fixed Spreads
- To do this, all you need to do is upload your personal ID and a document that proves your country of residence.
- EasyMarkets keeps their clients’ cash secure in several ways.
- Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
- Over the years we expanded our CFD offerings to include global indices, energy, metals and more.
- You can use their online cashier to make the process easier.
- Easy Markets support a good range of languages including English, German, Arabic, Greek, Russian, Chinese, Spanish, French, Polish, and Hebrew.
EasyMarkets does not charge commissions per trade — instead, they are compensated via spreads. Spreads vary based on the product, as well as the trading platform used by the trader, namely the web trader/app and MetaTrader 4. EasyMarkets is a market maker and profits directly from its traders’ losses. With 74% operating accounts at a loss, the cash flow remains substantial. This broker additionally levies excessive mark-ups on spreads.
Different Types of easyMarkets Accounts
EasyMarkets features a BrokerNotes triple AAA support rating because they provide a good range of languages and support options. Finally, we’ve listed a number of the favored funding methods that EasyMarkets offers its traders below. EasyMarkets also offer mobile apps for Android and iOS, making it easier to stay an eye fixed on and execute your trades while you’re on the move. It’s expected for a broker that’s been in business since 2001 to have a few complaints and overall easyMarkets seem to be cataloged as “not the best, not the worst”. A trader complained about price manipulation but later withdrew his complaint, another one said that his leverage was reduced for a nonsense reason.
There is also a pretty comprehensive mobile application which will cover below. Another great benefit 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. Something else that we found quite intriguing was the optionality to select your own specific expiry date. Most other platforms that we have seen have a limited subset of option expiry dates (monthly, quarterly or yearly). You also can take a look at the option sensitivity analysis or the all important “greeks”.
easyMarkets Ratings ( + Regulated (+ = 87/100
Even stocks and bonds can depreciate quickly during market downturns, and total loss can ensure if the issuing company fails. Furthermore, the stability of your broker matters; https://traderoom.info/easymarkets-introduction/ in case of bankruptcy, the presence of an effective investor compensation scheme is crucial for protecting your assets. It’s vital to align these investments with your financial goals and if needed, consult with financial professionals to navigate complex financial markets.
EasyMarkets has countered the shortage of investment into MT4 by creating their proprietary webtrader, advertised as an intuitive, powerful, and simplified trading platform. Two of the core features marketed by this broker, dealCancellation and Freeze Rate, are exclusively granted in this platform. Options trading is provided through this platform as well, and traders who seek the full range of products and services offered are forced to pay more for access to them. The VIP account is the most exclusive account type and is designed for high-volume traders. This account type requires a minimum deposit of $10,000 and offers the tightest spreads, a personal VIP dealer, and free access to advanced trading tools and resources. VIP account holders also have access to exclusive events and promotions, as well as priority customer support.
Forex traders are levied with hidden costs (in the form of higher spreads) for access to the easyMarkets webtrader. This is the sole option to unlock all of the products and services provided by the brokerage. All features listed, with the exception of a personal analyst, are equal to what is provided in the easyMarkets webtrader. A professional account is available if at least two of the broker’s three requirements are satisfied. In that case, ICF protection is removed in return for higher leverage with cash rebates available based on trading volume. EasyMarkets accepts cryptocurrency deposits, allowing traders to fund their accounts using Bitcoin, Ethereum, or Tether.
I learned that Easy Forex Trading Limited is a financial holding company that offers online financial services solutions to its subsidiaries. It is the sole shareholder and ultimate parent entity of all easyMarkets entities. EasyMarkets minimum deposit requires 100$ as a start, while a bigger size account along with VIP and premium conditions demands higher balance maintenance. EasyMarkets has been around for quite some time, and I joined the broker in 2015.
easyMarkets Demo Account
They have tutorials, e-books, FAQs for CFDs, for Options, Crypto, Forex, they have videos and market updates. You just need time and patience if you want to go through it all. Traders can configure the chart with customized indicators and technical analysis tools.
However, the payments we receive can influence the products, companies, or services we highlight and evaluate. This means not every available option may be featured on this page. Trading.biz is not responsible for any loss of money and possible risks connected with any trading.
Brokers like Binarycent offer promo codes and are invested in helping trading earns with multiple other trading options. You can call their service number, use the live chat, or email them. They also have a helpful FAQ page where you can find answers to common questions.
The company strives to provide reliable trading conditions in response to market volatility with a fixed spread and no slippage, so traders always know their costs. EasyMarkets is a licensed online broker that offers Forex and CFD trading through its proprietary trading platform. The platform was developed to be user-friendly and powerful, providing access to an array of financial instruments, including Forex and CFDs.