Trade Shares, Indices, Metals, Forex, Commodities, Cryptocurrencies & Vanilla Options at EasyMarkets
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EasyMarkets Review
EasyMarkets is a forex broker founded in 2001. Back in the days, the only way to trade was through a trading room as a wealthy individual. They tried to change the industry, offering a deposit of $25. Over the years they expanded their CFD offerings to many more. Actually, in 2016, they rebranded from EasyForex to EasyMarkets. Over the years, EasyMarket got over 15 rewards. Let’s see what this broker actually brings to the table.
EasyMarkets Pros and Cons
- Regulated broker
- Existing for over 20 years
- No commissions
- Educational Resources
- Higher Fixed Spreads
- Regional Restrictions
Promotions
There are three promotions active at EasyMarket The first deposit bonus promotion gives you 50% or up to $2000 tradable bonus based on your first deposit. Besides that, there’s also a Partnership programme, and a Refer a Friend promotion.
Is EasyMarkets Secure?
EasyMarkets is regulated by CySEC, ASIC, FSA, and FSC. As part of that commitment, EasyMarkets is a transparent, trusted, and regulated broker.
Markets and Products
At EasyMarkets, you can trade:
- Forex
- Indices
- Shares
- Commodities
- Cryptocurrencies
- Metals
The leverages are up to 1:2000 on the MT5 platform.
EasyMarkets Fees and Charges
They don’t charge any commissions on withdrawals and deposits. They also offer fixed spreads.
EasyMarkets Account Types & Account Opening
Besides the Demo account, Easy Market offers five more accounts.
Account Type | Spreads type | Min deposit | Max leverage | Commission | Account Fees |
---|---|---|---|---|---|
EasyMarkets Web/App and Tradingview Account | Fixed | $25 | 1:200 | None | None |
MT4 VIP Account | Fixed | $10k | 1:400 | None | None |
MT4 Premium Account | Fixed | $2k | 1:400 | None | None |
MT4 Standard Account | Fixed | $25 | 1:400 | None | None |
MT5 Account | Variable | $25 | 1:2000 | None | None |
How to Open an Account
To open an EasyMarkets account:
- Click the green “Sign up” button on the website
- Fill in the form
- Choose the account you want
- Make a deposit
- You’re done
Trading Platforms
EasyMarkets lets you trade on the well-known MT4 and MT5 platforms.
Mobile Trading Platform
The EasyMarkets mobile app is available on Android and iOS devices. There are many features the app offers. One of them is the undo losing trades 1,3 or 5 hours after opening them with dealCancellation.
Web Trading Platform
If you prefer, there’s also a TradingView platform you can use. The platform has many interesting features like Social Network for traders, Advanced Charting, and Deep market insights.
EasyMarkets Research Tools
There are a few tools that can help you trade. The easyTrade tools let you trade with limited risk and unlimited potential. The DealCancellation is a great one. You can give yourself a 1, 3, or 6 hour margin to cancel your order. The Freeze rate tool lets you pause the markets.
EasyMarkets Educational Content
When it comes to learning, EasyMarkets made sure they cover that part very well. There’s a rich section of educational content on the website. It’s useful for traders of all skill levels.
Customer Service Overview
You can contact EasyMarkets via
- Email: support@easymarkets.com
- Social media accounts
- Live chat
EasyMarkets Deposit and Withdrawals
EasyMarket accepts the following payment options for deposits and withdrawals:
- Visa
- MasterCard
- Neteller
- Skrill
- FasaPay – Indonesia only
- SticPay
- WebMoney
- Bitwallet – Japan only
- Bank Wire Transfer
- Crypto
The deposit processing time depends on the method you choose. The withdrawals are usually processed within 48 hours. But depending on the type of method you choose, it may take up to 10 days.
EasyMarkets Online User Reviews and Ratings
EasyMarkets is rated good on Trustpilot. Out of 1680 reviews, 89% of them are 5 stars. People enjoy trading at EasyMarkets. They mostly praised the customer support and the transparency. The 3% of 1 star reviews are mostly users that violated the rules and got their account blocked.
Author Opinion on EasyMarkets
From what I can see, EasyMarkets comes across as a solid and trustworthy broker. They’ve been in the game since 2001, and they’ve really made their mark in the industry. While their fixed spreads are a bit on the higher side compared to what you typically see out there, I wouldn’t say this is a deal-breaker. They actually balance this out with some pretty generous promotions. The fact that they’re properly regulated and have maintained a strong reputation over two decades is definitely reassuring. Overall, while they’re not perfect, and nobody is, they offer more positives than negatives. They’re definitely a broker worth giving a shot.
FAQ
Yes, you can. EasyMarkets is a regulated Forex broker.
It is $25.
It usually takes up to 10 days.
EasyMarkets doesn’t take any commission.