All of these features help prevent you from suffering unexpected losses and keep your investment safe. You will also need to provide documented proof of your address (like a bank statement or utility bill) and identity (such as a government ID or passport) before you can withdraw funds. It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
easyMarkets Platforms Summary
It offers a global trading opportunity for the traders in a wide range of financial products through both its own trading platform and the most popular Metatrader4. If you are considering easyMarkets as your new trading home, our comprehensive review should help you to make the best decision over this broker. Traders registering with easyMarkets can access over 200 financial instruments across forex, shares, cryptocurrencies, metals, commodities, indices, futures and options. Besides the regular CFD trading, traders can also carry out EasyTrade, which comes with limited risk/unlimited profits. Traders can get a VIP account with a deposit of £2,500, which is very low compared to the majority of its peers who require a much higher minimum deposit.
I in my view about your platform and…
Lawrence has served as an expert witness in a number of high profile trials in US Federal and international courts. Under the menu, there is another “Deposit Funds” option along with a demo/live account toggle and live chat functionality. The platform’s main trading screen gives traders access to more than 200 different instruments in one tab. Traders wanting to execute forwards or vanilla options trades will need to use the desktop trader accessible via web or alternatively, the MT4 trader. This easyMarkets review also explores the broker’s cross-platform trading applications on desktop and mobile, if available in . Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.
Such a nice platform with a great…
Please contact our customer support team via our website on Live Chat or email us at cs@easymarkets.com so we can have more details on the issue you are facing and help you. Whilst they are one of a limited choice of fixed spread brokers, I did notice that they have strict terms and conditions that you need to follow. I feel this could restrict some trading strategies and does mean that you might not always get access to the fixed spreads on offer. What this means is that the broker could be making a loss if you are successfully scalping with artificially low fixed spreads. The forex trading platform provided by easyMarkets to its clients is in essence the software to carry out their trades. Some brokers provide only one, and others quite a few platforms.
- In this review, we will find out together if easyMarkets stands to its core concepts with online trading.
- EAs are Expert Advisors which are basically just trading bots that are developed for MT4s.
- The only moments the market is supposed to move, the price of Deal cancellation become 4, 5, 6 times more expensive.
- If you take a look at the history of easyMarkets you will note that it has been enthusiastic towards the betterment of customers since its beginning in 2001.
- So, the thing is that you can undo any losing trade within a specific time.
Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and play a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty. The easyMarkets minimum deposit amount to open a real trading account is $100/R1520.
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Demo accounts are not intended for beginners only but provide more advanced traders an opportunity to explore what EasyMarkets has to offer. There is a very high degree of risk involved in trading securities. 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. EasyMarkets has also got quite a few options when it comes to the types of accounts that traders can use. This is unlike many other brokers these days that offer a standard account irrespective of amount traded.
There are also online chat options including Facebook, Viber and WhatsApp. I appreciate how they provide online chat support as I find this is often the quickest way to get answers to my questions. Client funds are held in segregated top tier global bank accounts away from the company https://traderoom.info/ funds so that they cannot be used for any other purpose. These funds are only accessible to clients and readily available as and when they need them. All trading accounts have negative balance protection that guarantees a client cannot lose more than their initial investment.
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 https://traderoom.info/easymarkets-introduction/ 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.
The typical withdrawal processing time is one business day, and withdrawals must be made to the same account you originally deposited funds from. EasyMarkets’ innovative dealCancellation feature delivers a major advantage to traders who need to undo losing trades. This feature is especially helpful for newer traders and news traders who operate during volatile markets or are more likely to make mistakes while learning. You’ll also get a useful market sentiment indicator called Inside Viewer so you can see what other traders are doing.
EasyMarkets offers an extensive range of trading instruments, trying to ensure that traders can access a diversified portfolio and explore multiple opportunities. Forex trading is at the core of their offering, with a broad selection of currency pairs available for trading. This wide array of instruments allows traders to tailor their strategies and capitalize on market trends across different sectors. You can trade over 200 assets in a wide variety of markets at easyMarkets. Assets and contracts for difference (CFDs) include forex, cryptocurrencies, metals and other commodities, indices and vanilla options. The broker even offers option based trading with its limited-risk easyTrade service.
In Australia, it operates as the Easy Markets Pty Ltd, which holds the ASIC license. They also provide email support as well as phone support in addition to the various social media channels. During this tenure in the industry, they have continued to grow, updating their model, remaining compliant, and collecting numerous industry accolades along the way. This includes the 2017 title of “Most Transparent Broker” at the Forex Awards. Accounts with easyMarkets are available to the residents of most countries, though there are a few notable exceptions.