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 is a retail forex and CFD broker that 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 global markets via a good choice of platforms including the easyMarkets Web Platform and Mobile Apps, MetaTrader 4, and Trading View.
easyMarkets is a popular choice for traders as the broker offers fast execution with very competitive trading costs. Free demo accounts and educational material are provided to help beginners become accustomed to the platforms and trading online. Besides this, advanced courses are also available for pro investors who are looking to take their trading up that extra notch.
easyMarkets have very good trading conditions via an excellent choice of trading platforms for all types of trader with plenty of high-quality tools and learning resources. There is 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. They also offer traders the security of trading with a regulated broker. All of these features and more makes easyMarkets a good broker for beginners and pros alike.
easyMarkets offers a wide range of instruments to trade at low costs on some of the best trading platforms that you will find anywhere. The customers’ support is friendly and just a few clicks away. No minimum deposit is needed to register with the broker, and there is no deposit and withdrawal fees charged.
On the other hand, the broker is unavailable on the MT5 platform, which is an improvement over the provided MT4 platform but not really a deal breaker. In addition, the broker is not listed on any stock exchange and does not hold a banking license.
- 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 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.
easyMarkets Instruments Summary
Commission and Spread Fees
easyMarkets offers trading with zero commission which is great but you must consider that it is because the commission fee is included within a spread mark-up. Therefore, that means that you won’t get access to the lowest spreads like you would if you were trading on an ECN broker such as IC Markets. They have raw spreads from just 0.0 pips but do charge a small commission fee. You just need to decide if you want access to tighter spreads or if you would prefer no commission fee.
easyMarkets offers two account types: VIP and Premium. The spread varies from account to account but all accounts are commission-free. The minimum deposit for a VIP account is comparatively high at $10,000 but it does get you the better spreads. You can get access to lower fixed spreads from just 0.4 pips and no commission fee via TD365 as an alternative option.
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 any fees.
At easyMarkets, there is no inactivity fee for the accounts that remain dormant/inactive for any period of time which is great but quite common for brokers nowadays.
The 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 effectively manage their positions..
easyMarkets Web Platform
With the 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. It is beginner 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. This is a very unique feature that I have not seen from many other brokers but make sure you read the terms and conditions as there are some limitations.
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. Again, this is another really innovative feature but not always available.
easyMarket Web platform has simplified the trading process as you can access all tools via easyMarket Web Platform. It is nice to have eveything conveniently in one place.
easyMarkets provides you with a trading via Android and iOS trading apps which you can download for free from the relevant app stores. You just need an internet connection to get quick and easy access to the world of financial markets from within the palm of your hands at any time. 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. The versatile and customisable easyMarkets app offers you various ways to trade the markets.
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 is choose a rate and a date for your trade to begin. When the limit you set is met, your trade will open.
MetaTrader 4 is a popular trading platform among new and experienced traders due to its customizability and wide range of advanced capabilities. This industry leading platform allows for comprehensive market analysis, manual and automated trading. You can customise the platform according to your own trading strategy and choose from a great selection of trading tools to analyse the charts in detail and find possible opportunities. I think that MT4 is an ideal platform for new traders as it is very user-friendly and available through many brokers. I would like to see easyMarkets also offer MT5 just like many other brokers do including Admirals who have both MetaTrader platforms.
- 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. TradingView is an excellent charting software that can be used to get right down into the nitty gritty of complex market analysis. I think this is one of the best platforms for anyone who is a fan of analysing the charts and learning from other traders. It is currently available through a few other brokers including Forex.com and Captial.com respectively.
When using TradingView with easyMarkets, you can enjoy:
- No Slippage
- Tight and 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.
With the innovative 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 and with some additional fees.
This tool could be a big deal for mature traders who know how they can reap the benefits out of it. They can try to take advantage of market volatility. Others may find it to be a bit of a fad that is just used to lure in new traders. I can see it how would have its uses but I think losing trades are a part of any successful trading strategy as mad as that sounds. I would rather work on my strategy and try to improve it.
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 are already at a professional 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.
easyMarkets shared an encyclopaedia 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 more informed trader in a short time.
EasyMarkets Market Analysis Tools
I think it is important to learn as much as you can before you start trading. If you have the knowledge, you can correctly assess 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 have in terms of additional Market Analysis Tools:
- Provisions of Regular Market News
- Trading Charts Analysis
- Live Currency Rates
- Financial Calendar
- Trading Hours Updation
- easyMarket Academy
The excellent Trading Central indicator is available for the 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. I think this is a great piece of software for automated market analysis. You can set custom parameters and receive alerts for you to act upon. It can literally save you from hours of needing to study the charts. Trading Central is available through a few other brokers including GO Markets, who also happen to have another fantastic analysis tool in Autochartist.
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 can take varying times to complete. 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. They do not currently support crypto funding but RoboForex do if that is something that you are looking for in a broker.
easyMarkets Funding Summary
easyMarkets 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. I think they could improve by increasing support hours to 24/7 just like competitors such as Trading 212.
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. Overall, I think they are worth consideration for anyone who is looking to trade forex with fixed spreads and wants to experiment with some innovative tools not found elsewhere. You could always give them a try on a demo account at first to make sure they meet your expectations before making a financial commitment.