easyMarkets is a retail forex and CFDs, trading broker. easyMarkets was established in 2001, having its headquarter in Limassol, Cyprus. It is regulated through subsidiaries in Cyprus by the Cyprus Securities & Exchange Commission (CySEC), in Australia by the Australian Securities and Investments Commission (ASIC), in Seychelles by the Financial Services Authority of Seychelles(FSA), and in the British Virgin Islands by Financial Services Commission(FSC).
easyMarkets has a nice product portfolio from various markets, including Forex, Precious Metals, Commodities, Indices, Cryptocurrencies, Shares, Options, and Forwards. You can access the markets via easyMarkets Web Platform, Mobile Apps, Meta Trader 4, and Trading View.
easyMarkets is famous among beginners as it offers fast execution with very competitive trading costs. Free demo accounts and education material aids the newcomers to learn faster. Besides this, advanced courses are also available for pro investors.
easyMarkets conditions not only offer traders the security of trading with a regulated, well-established broker but also price transparency. No slippage on limit orders means that you can rest assured the execution of your stop-loss or take-profit will happen at the price you intended. All this and more makes it a fine trading platform for beginners and pros.
easyMarkets broker offers a wide range of instruments to trade at low costs. The customers’ support is super friendly and just a few clicks away. No minimum deposit is needed to register with the broker, and there is no deposit and withdrawal fee.
On the other hand, the broker is unavailable on the MT5 platform, which is more lucrative than MT4. In addition, the broker is not listed on any stock exchange and does not hold a banking license.
While trading with easyMarkets, you will have its own pros and cons which we will take a look at below.
- Regulated Firm
- Accessible MetaTrader 4 Platforms
- Fixed Spread Accounts
- Commission-free Accounts
- Freeze Rate
- Inside Viewers
- easyMarkets App
- Free Guaranteed Stop Loss
- Trading Central Charting & Signals
- Easy Trades
- Pending Orders
- Easy Deposit and Withdrawal
- Learning Materials and Market Analysis
- Minimal Slippage
- Negative Balance Protection
- Minimum $25 deposit
- No Crypro Deposit and Withdrawals
- Market maker
- No MT5 platform
- No US clients
- Higher deposit required for account with best trading conditions
easyMarkets offers a wide range of products to trade, including CFDs of forex, cryptocurrencies, stocks, indices, options, and commodities. However, bonds and ETFs aren’t present in the broker’s product portfolio.
easyMarkets Instruments Summary
Commission and Spread Fees
easyMarkets offers trading with zero commission. This makes themthe spearheader of economic brokers. This really suits the beginners and motivates them to initiate their own financial portfolio. easyMarkets offers two account types: VIP and Premium. All accounts are commission-free.
The minimum deposit for a VIP account is comparatively high: $10,000. However, easyMarkets offers reasonably tight spreads to its clients. The spread varies from account to account. Here is the breakdown of the spread the broker will be charging on Web and MT4.
|Fee||VIP Account||Premium Account|
|Commission (per standard lot per side)||$0||$0|
Deposit and Withdrawal Fees
easyMarkets offers a handful of payments methods for deposits and withdrawals for its worldwide clients. The payment options include credit/debit cards, e-wallets, online banking, and wire transfers. The broker makes sure to take on board the clients without charging a certain fee.
At easyMarkets, there is no inactivity fee for the accounts that remain dormant/inactive for any period of time.
easyMarket platform, Mobile Apps, MetaTrader 4, and TradingView are the platforms that facilitate trading at easyMarkets. Moreover, trading tools such as easyTrade and dealCancellation also help traders.
easyMarkets Web Platform
With an easyMarket Web platform, traders have the freedom to access the market with an intuitive, dynamic and simplified approach. The easyMarkets platform is simple and adaptable. New customer-friendly, with a variety of tools for experienced traders. You’ll also get a free guaranteed stop loss, no slippage, set spreads, and no funding or withdrawal costs when you use the easyMarkets Web Platform.
It makes no difference if you make a mistake. By using the dealCancellation option, you can cancel this. At par, easyMarkets is the only broker that can “insure” your trade for 60 minutes. You will be able to cancel the trade and recover the loss.
Now you can find out what other traders are up to. This useful tool, “Inside View,” shows what percentage of traders are buying and selling, which allows for a better understanding of market movements.
It’s up to you now to reclaim control of the market. What if you could stop the market from moving forward? Yes, you can pause a trade and place your trade at a frozen rate. All this is possible due to the “freeze rate” feature.
easyMarket Web platform has simplified the trading as you can access all tools via easyMarket Web Platform.
easyMarkets provides you with a trading option via Android and iOS apps. Either you can download them on App Store or directly from Play Store. You just need an internet connection to get to the world of financial markets. Depending on your goals and strategy, easyMarkets trading software offers you a variety of trading options. You do not need to exit the application to get live market news and prices. easyMarkets app offers you to trade on the market in various ways.
You can do easyTrade with limited and known risk with no margin and zero spreads. 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. You can also use Free Guaranteed Stop Loss to ensure that you never exceed your maximum risk appetite. It explores the ways to choose from 150+ Markets. The app is more flexible and under your control with its pending order feature. All you have to do now is choose a rate and a date for your trade to begin. You can make your trade easier. When the limit you set is met, your trade will open.
MetaTrader 4 is a popular trading platform among experienced traders due to its customizability and wide capabilities. This allows for customized market analysis and automated trading. Clients with advanced trading experience can further customize their terminals and display numerous real-time charts using technical indicator overlays, which can be purchased or prepared anyways.
The large amount of technical information provided in one window makes MetaTrader 4 the favorite software of advanced traders. This data can be customized to the trader’s preferences, with windows rearranging and changing the interface and a wide range of technical indicators and overlays.
- Low fixed spreads on easyMarkets MT4
- offers one Click CFD Trading
- Built-in Indicators and Analysis Tools
- Custom trading templates
- Historical data available so you can back-test your Expert Advisors
- Available on iPhone, iPad, Android Phones and Tablets, and PC
- 80+ markets
- Account base currencies available
- Expert Advisors Allowed
When you use your easyMarkets account on TradingView, you get the best of both worlds: industry-leading conditions, regulated trading, and tight fixed spreads, as well as a social trading network, powerful charts, and analytics.
On trading view you a trader can enjoy:
- No Slippage
- Tight & Fixed Spreads
- Seamless Integration
- Negative Balance Protection
- No Hidden Fees or Commission
- Build Social Network for Traders
- Customizable Advanced Charting
- Deep Market Insights
With the easyTrade tool, a trader can trade with limited risk and unlimited protection. The technology of easyTrade does not restrict your potential. If market conditions are favorable, your trade will be profitable for the entire duration of the trade. One of the reasons to choose the precise underlying financial asset for easyTrade is to control maximum risk. It allows you to choose how much risk you are willing to take.
easyTrade enables you to execute a deal instantly. Set the “trading time” ahead of macroeconomic events like the NFP, FOMC, ECB, or other Central Bank announcements.
The new feature is just added to easyTrade. Yes, the “Payout Target.” With Payout Target, you can now automatically close your trade once it reaches your predetermined price. To use the new feature, go to the easyMarkets web platform or the iOS / Android mobile app, select your open position, and click the ‘edit’ icon to configure and activate it.
Simply going, with easyTrade, a trader can:
- Set the Risk
- Check out the Equivalent Deal Size
- Set the Trade Time
- Setting up the Trade
- Potential Payout summary
- Final decision (Up or Down)
Have you ever heard of order cancellation when markets are moving against you? easyMarkets enable you to do so with its dynamic dealCancellation tool. So, if the markets are moving against you, leave yourself a one, three, or six-hour cushion to cancel your order with easyMarkets. During major events, some brokers raise margins or disable trading. On the contrary, easyMarkets provide you with a tool that will enable you to trade the major events of the economic calendar with confidence.
Even when you are not sure of the trade, you can go for it. As with this tool, you will have an opportunity to cancel it anytime(within the given range) with some additional fees.
This tool is a big thing for mature traders. They know how they can reap the benefits out of it. They can try to take advantage of market volatility.
During major events, some brokers will raise margins or shut off trade entirely. This is not something easyMarkets holds with you. In reality, they provide you with a tool that will enable you to confidently trade major economic calendar events.
Bringing uniqueness is the culture of easyMarkets. With the freeze rate tool, you can now freeze the price you see. This tool gives you a prominent edge of a few seconds to perform your trade. When you are dealing with cryptos and FX, this could be a game-changer for you.
easyMarkets Platforms Summary
|MetaTrader 4 (MT4)||✓|
|MetaTrader 5 (MT5)||x|
easyMarkets has a team of prudent educationists and researchers who want to improve the skills and knowledge of their traders. You can enjoy versatile learning sources on their platform. Besides this, they don’t like to leave their investors uninfoirmed and feed them with daily up-to-date market information. Let’s dig a little deep into their contribution to research and education.
easyMarkets is there for you every step of your financial journey. You can find articles, videos, and ebooks on a variety of topics. This includes trading methods, trading psychology, risk management, and introductory learning modules for novice traders.
Under the easyMarkets Academy platform, you can sharpen your trading skills. They will teach you at the grassroots level and shape your skills if you’re at a pro-level. During the course, you will learn about CFD trading and get tested by rigorous testing modules. You will learn about:
- Intro to Financial Trading
- Technical Analysis
- Fundamental Analysis
- When To Enter & Exit Trades
- How To Manage Risk
- Trading Psychology
- Margin Leverage Swap
- Trading Forex, Indices, Commodities
- Trading Metals, Crypto & Shares
If you are rather interested in textual learning, there are ebooks for you. Designed by experienced traders, you can get technical and fundamental analysis knowledge, how to get started, and the impact of news and politics in trading. Besides this, there is a PDF guide on MT4 and Mobile Apps usage for trading. PDF file on learning options is easily accessible.
easyMarkets shared an encyclopedia of economic indicators with their potency of impact on trading. Not all economic indicators can equally impact a trade. Learning from this source can make even a beginner a smart trader in a short time.
EasyMarkets Market Analysis Tools
You can’t do trading if you are not educated. If you have the knowledge, you can access both risk and opportunity. This is why easyMarkets not only provides market analysis tools but also seamlessly integrates them into their platform, allowing you to react according to changing market conditions.
Let’s check what easyMarkets are up to in on Market analysis Tools:
- Provisions of Regular Market News
- Trading Charts Analysis
- Live Currency Rates
- Financial Calendar
- Trading Hours Updation
- easyMarket Academy
The Trading Central indicator is available for MT4 trading platform. This service provides market sentiment and technical analysis (pivot points, support/resistance levels, market anticipated direction) directly to the MT4 charts, which can be helpful to spot trading opportunities.
easyMarkets Research and Education Summary
easyMarkets offers plenty of payment and withdrawal options to choose from. The broker facilitates its clients to make deposits free of cost and the same rest for withdrawal. Different payment and withdrawal methods require different periods for execution. Credit/Debit cards are on top of being the instant deposit and withdrawal options. Since easyMarkets operates in three types of accounts, the minimum deposit requirements vary with the account type. You need to maintain 25USD in account for a standard account while Premium and VIP are 2USD and 10USD, respectively.
easyMarkets Funding Summary
It is regulated through subsidiaries in Cyprus by the Cyprus Securities & Exchange Commission (CySEC), in Australia by the Australian Securities and Investments Commission (ASIC), in Seychelles by the Financial Services Authority of Seychelles(FSA), and in the British Virgin Islands by Financial Services Commission(FSC).
A firm’s regulation is essential to credibility. Being regulated with four regulatory authorities makes it easy for traders to win the trust. Being regulated on top-tier country commissions implies that your funds are in safer hands as some strong authorities back your broker with dependable aged market repute.
easyMarkets Regulation Summary
|SFC (Hong Kong)||x|
|Other (FSA, FSC)||✓|
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. easyMarkets is a reputable worldwide CFD and FX broker founded in 2001. The Australian Securities and Investments Commission (ASIC) regulates FP Markets in Australia, while the Cyprus Securities and Exchange Commission regulates its operations in Europe. The broker is a genuinely global organisation since it is a registered business in Limassol, Cyprus. The broker does not disclose its financial statements, and it is not listed on any stock exchange, which may be a matter of concern to some investors.
Although easyMarkets’ headquarters are in Cyprus, its customer service team is available 24/5 to support its customers. You may reach out to them through various channels, including Live Chat, Phone, and Email. You can also connect with them on Facebook, Whatsapp, and Viber.
easyMarkets has been providing its services for a long time and has built a reputation as a prudent broker with unique features not found generally. There is a wide variety of trading products across a variety of markets, and the platforms and tools are versatile enough to satisfy any trader. They have won numerous awards and are subject to strict regulations, giving investors confidence to deal with a reliable broker.