Demo accounts can help you practice trading and you can test out easyMarkets’ web trading platform with a trading simulator. This panel contains the live prices and symbols of popular instruments traded on easyMarkets. Traders can search for a particular instrument via a search box, or navigate by category through the different asset classes. Traders wanting to execute forwards or vanilla options trades will need to use the desktop trader accessible via web or alternatively, the MT4 trader.
Cryptocurrency Trading
This forex broker comparison for easyMarkets was updated in 2024 by a panel of Forex trading Australia experts who have considerable experience with the Forex market. The easy markets review came from this forex comparison chart focusing on low fees which factored in pips and fixed vs variable models. All the information above and on our forex broker comparison tables are based on data found on the listed broker’s official website forex scams.
Spreads and Commissions
There is no minimum amount you have to withdraw from your trading account to credit/debit cards or eWallets, but when you make a withdrawal to a bank account, the required minimum is $50. The typical withdrawal processing time is one business day, and withdrawals must be made to the same account you originally deposited funds from. You won’t be charged fees when you make deposits or withdraw money from your trading account, which is a major benefit because other brokers charge for those services. EasyMarkets charges no commissions on trades, just a fixed dealing spread. You can trade a wide variety of assets and spreads, including forex, metals, indices, commodities, cryptocurrencies and options.
Metals CFDs
- Our innovative trading platform requires no installation and is available for trading instantly, with one of the quickest trading activation processes in the industry.
- EasyMarkets is headquartered in Limassol, Cyprus within the European Union and submits to regulation under the Cyprus Securities and Exchange Commission’s (CySEC’s) oversight.
- The easyMarkets trading platform is known for its innovative features, including its proprietary dealCancellation tool, and its emphasis on transparent pricing.
- This is the fifth decimal place which is fraction (1/10th of a pip).This can rise to 1.1 pips during the trading sessions as you have observed but interpreted incorrectly.
CFDs can be traded by day trading, pending orders, forwards trading, or options. EasyMarkets users can trade CFDs on both desktop and responsive devices. EasyMarkets is an online market maker that provides a trading platform for derivatives like contracts-for-difference. CFDs are derivative securities that allow customers to gain exposure to the price of financial instruments without actually holding the instruments in their accounts. The easyMarkets minimum withdrawal account is $50USD to bank accounts.
FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade. EasyMarkets is headquartered in Limassol, Cyprus within the European Union and submits to regulation under the Cyprus Securities and Exchange Commission’s (CySEC’s) oversight. The broker is subject to the rules and regulations specified in the EU’s Markets in Financial Instruments Directive (MiFID) and includes the segregation of client funds from its own money. You’ll find a “Getting Started” section, a “Discover” series, free eBooks, Knowledge Base, a Trading Glossary, a description of the key economic indicators and detailed FAQs.
However, unlike other jurisdictions, residents in Australia, South Africa, and New Zealand have no additional compensation scheme in place to cover their deposits. easymarkets is a company with an operating history dating back to 2001. EasyMarkets have recently announced a La Liga sponsorship deal with Real Madrid. The easyMarkets logo can be seen on the front of the team’s shirt. Dear Gerald Arambic, thank you so much for taking the time to leave your feedback.
We are thrilled to hear that you had a great experience with easyMarkets! Your kind words mean the world to us and we are grateful for your feedback. Thank you Farouk, this is indeed high praise and we thank you for taking the time to leave this fantastic review. Anything that collaborates with Real Madrid must be genuine, if you look at how successful the club is and where the club is heading towards infinite success. I advice admirers and even the ones that did not want to trade to quickly register and start benefiting for lifetime. We are pleased you received good service from your Client Relationship Manager and that your funds were received in your Skrill in good time.
EasyMarkets’ strong customer service department offers support via live chat, email, fax and telephone 24/5 throughout the trading week. Its range of live chat features includes Facebook Messenger, Viber, What’s App and a web-based live chat. I had some issues registering and one of your staff, Mr David was very helpful and professional in his approach.
Other documents, such as credit card statements may be required depending on your account activity. EasyMarkets notifies customers if it requires additional documentation. Deposits by wire transfer may take as much as 5 to 7 days for funds availability, while deposits through Visa and MasterCard are the fastest. The professional account is also listed as a “VIP” account with which traders benefit from a variety of perks. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
EasyMarkets recently launched a unique new trading ticket called easyTrade that allows the trader to set their maximum risk. Also, you can trade with zero spread and without margin requirements. You also get variable leverage ratios that depend on the market’s volatility levels.
EasyMarkets offers great services for newer traders but also suits advanced traders who favor MetaTrader 4. You can use hedging strategies and Expert Advisors to automate your trading. In addition, easyMarkets provides One on One Forex training, The Trading School – Video on Demand trading lessons, and seminars. This information is compiled manually and if you happen to come across any type of inaccuracy or misinterpretation of information, please let us know; this is likely due to human error.
Traders can upgrade to a real account by tapping the ‘My Account’ menu item at the bottom of the screen and selecting the ‘Make a Deposit’ button. The introductory screen is a list of browsable asset classes and products, along with a three-item menu at the bottom of the screen. Customers should consult the Deposits & Withdrawals section of the https://traderoom.info/ website for details about withdrawal times. To make a withdrawal, easyMarkets requires proof of identity (such as passport or ID card) and proof of address (such as utility bill or bank statement).
The key is that these communication channels including live chat are available to all forex accounts offered by easyMarkets. The feature is perfect for those new to forex trading, those who like to trade during turbulent periods (eg rate decisions) or those looking to manage the risks of currency trading. You’ll also get a useful market sentiment indicator called Inside Viewer so you can see what other traders are doing. This indicator appears directly below the price chart on the default interface of easyMarkets’ web-based platform.