The platform includes exclusive tools such as guaranteed stop-loss, Freeze Rate, and dealCancellation™, offering traders greater control over their trades. Its interface is beginner-friendly, yet offers powerful functionality for seasoned traders. 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.
- The company is recognized for its groundbreaking tools, such as the guaranteed stop-loss, Freeze Rate, and the exclusive dealCancellation™.
- On the other hand, the negative reviews were offshoots of withdrawal hitches.
- Yes, all easyMarkets educational resources are available online and can be accessed at any time for your convenience.
- You need to maintain 25USD in account for a standard account while Premium and VIP are 2USD and 10USD, respectively.
- With the easyMarket Web platform, traders have the freedom to access the market with an intuitive, dynamic and simplified approach.
EasyMarkets certainly understands the needs of its clientele in a volatile ecosystem called the financial market. In addition, easyMarkets supports traders through comprehensive educational resources and dedicated customer support channels. Traders can try to access webinars, tutorials, market analysis, and expert assistance, empowering them to enhance their trading skills and make informed decisions. EasyMarkets operates under stringent regulatory frameworks, providing traders with a secure and transparent trading environment.
Regarding technology, the broker has a state of the art analytics tools incorporating artificial intelligence, the leading technology in smart trading. The broker does not charge any deposit and credit card, and e-Wallets withdrawals have no limit. Joey Shadeck is a Content Strategist and Research Analyst for ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years.
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.
The higher the leverage, the closer the stop losses is to the market rate. The consistent spread offers, along with risk management features, ensure a cost-effective and secure trading environment. All easymarkets broker spreads are either fixed or variable, depending on the platform, and there are no additional charges for trading or withdrawals.
Deposit Bonuses & Rebates
The Broker has established itself as a trusted and innovative trading platform over the years. With a focus on simplicity, transparency, and reliability, it offers a secure environment for both beginners and experienced traders. The user-friendly platform, along with unique risk management tools and strong regulatory oversight, makes easyMarkets a top choice for anyone looking to explore online trading.
- Its strong commitment to regulatory compliance births its high level of transparency.
- Another easyMarkets bonus is its management team—the team in charge of the daily operations and organization of the company.
- In addition, easyMarkets offers one-on-one Forex training, access to The Trading School’s video-on-demand lessons, and informative seminars to help traders enhance their skills and knowledge.
- Learn more about FOREX.com powerful trading platform and how you can get started today.
You can even trade with easyTrade with as little as $23 (depending on market conditions at the time of placing the trade). EasyMarkets is dedicated to price transparency, so you can rest assured you will never be burdened with hidden fees. Also, easyMarkets offers fixed spreads which never change during volatility, meaning that you can calculate your costs ahead of time. I think it is important to learn as much as you can before you start trading.
No commission or hidden fees
Traders are also given a commission when they introduce friends to the trading platform. EasyMarkets provides four types of accounts namely Super VIP, VIP, Premium, and Standard. The minimum deposit for the standard account is $100, the Premium $1000, the VIP $2500 and the Super VIP $10,000. The broker was initially known as Easy-Forex until rebranding back in 2016. On top of Forex trading, EasyMarkets provides a wide range of products to include derivatives (options, forwards and futures) and CFDs in commodities, indices, and cryptocurrencies.
The broker also offers negative balance protection, so you can never lose more than your initial deposit if a trade goes drastically wrong. EasyMarkets offers an extremely competitive and transparent pricing structure, with fixed spreads starting as low as 0.7 pips on major currency pairs. With no commissions or account fees, traders can accurately forecast their trading costs. EasyMarkets provides you with a trading via Android and iOS trading apps which you can download for free from the relevant app stores.
Besides this, advanced courses are also available for pro investors who are looking to take their trading up that extra notch. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
Trading Forex
Let’s dig a little deep into their contribution to research and education. 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.
Deposit and Withdrawal Fees
All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Use our country selector tool to view available brokers in your country. Precious Metals, such as gold and silver, are often considered safe havens during times of market uncertainty. They typically move in the opposite direction to currencies, stocks, and bonds, making them a secure investment option during volatility. To become an easyMarkets partner, simply sign up, choose your preferred partnership plan, promote your unique referral link, and begin converting leads into active clients.
I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! As its name implies, easyMarkets is very easy to use, and if you’re on the hunt for the best online broker, it’s simple to open an easyMarkets account. Its web-based trading platform is remarkably straightforward (excellent for beginners) and a free demo account is available for simulated trading. Beginners can take advantage of a large variety of educational material and videos, which include tutorials and basic one-on-one education. Demo accounts can help you practice trading and you can test out easyMarkets’ web trading platform with a trading simulator.
First you should calculate the spread i.e. the difference between the bid and ask price. EF Worldwide Ltd falls outside the UK regulatory framework and is not in scope of (among others) the Markets in Financial Instruments Directive (MiFID) II.
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.
DealCancellation
However, you must do your own due diligence and make your own decisions when choosing a broker. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice. As with this tool, you will have an opportunity to cancel it anytime within the given range and with some additional fees.
When you are dealing with cryptos and FX, this could be a game-changer for you. EasyMarket Web platform has simplified the trading process as you can access all tools via easyMarket Web Platform. Again, this is another really innovative feature but not always available. This useful tool, “Inside View,” shows what percentage of traders are buying and selling, which allows for a better understanding of market movements. At par, easyMarkets is the only broker that can “insure” your trade for 60 minutes. 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.
