COMPREHENSIVE REVIEW OF EASYMARKETS: AN IN-DEPTH LOOK FOR 2024

EasyMarkets Review

EasyMarkets is a well-established online broker offering a wide range of trading instruments, including forex, commodities, cryptocurrencies, and indices. Founded in 2001, EasyMarkets has built a reputation for providing a secure and user-friendly trading environment, making it a preferred choice for traders worldwide.

General Risk Warning

Trading forex and CFDs involves significant risk and may not be suitable for all investors. Ensure you fully understand the risks involved and do not invest money you cannot afford to lose. Consider seeking independent financial advice if necessary.

EasyMarkets Full Review

EasyMarkets stands out with its proprietary trading platform and the popular MetaTrader 4, offering fixed spreads, guaranteed stop-loss, and negative balance protection. The broker is well-regulated, ensuring a secure trading experience.

General Information & First Impressions

EasyMarkets offers a well-organized website and a straightforward account registration process. The trading platforms are intuitive and equipped with advanced features to enhance the trading experience for both beginners and experienced traders.

EasyMarkets Pros and Cons

Pros:

• Fixed spreads
• No slippage
• Free guaranteed stop loss
• Negative balance protection
• User-friendly platforms

Cons:

• Limited range of advanced trading tools
• Higher spreads compared to some competitors

Who Is EasyMarkets For?

EasyMarkets is ideal for beginners due to its user-friendly platform, educational resources, and robust customer support. Experienced traders can also benefit from its fixed spreads and risk management tools.

Account Types and Benefits

EasyMarkets offers three main account types:

EasyMarkets Trading Platforms

EasyMarkets provides access to:

• EasyMarkets Web Platform: Proprietary platform with innovative tools.
• MetaTrader 4 (MT4): Widely used platform known for its reliability.
• TradingView: Advanced charting tools and social trading features.

EasyMarkets Mobile Trading

The EasyMarkets mobile app allows traders to manage their accounts, execute trades, and monitor the markets on the go. It includes all essential features to ensure a seamless trading experience.

EasyMarkets Trading Features

• DealCancellation: Allows traders to cancel a losing trade within an hour.
• Freeze Rate: Enables traders to freeze a price for a few seconds to execute the trade.
• InsideViewer: Shows how other EasyMarkets traders are trading a particular instrument.

EasyMarkets Research & Education

EasyMarkets offers extensive educational resources, including webinars, video tutorials, articles, and eBooks. The broker also provides daily market reports and analysis to help traders stay informed.

EasyMarkets Regulations & Licensing

EasyMarkets is regulated by:

• ASIC (Australian Securities and Investments Commission): Ensures strict financial standards for Australian clients.
• CySEC (Cyprus Securities and Exchange Commission): Ensures compliance with European financial standards for clients in the EU.

EasyMarkets Pricing

EasyMarkets offers competitive pricing with fixed spreads, which ensures transparency and predictability in trading costs.

EasyMarkets Deposits & Withdrawals

EasyMarkets provides various deposit and withdrawal methods, including bank transfers, credit/debit cards, and e-wallets like Skrill and Neteller. Generally, there are no fees for deposits.

Customer Support

EasyMarkets offers robust customer support available via email, phone, and live chat. The support team is known for being responsive and helpful.

EasyMarkets Trading Experience

EasyMarkets provides a smooth trading experience with a variety of tools and features that cater to both beginners and experienced traders.

EasyMarkets Bottom Line

EasyMarkets is a reliable and user-friendly broker suitable for traders of all levels. Its fixed spreads, robust platform, and strong regulatory oversight make it a trustworthy choice for forex and CFD trading.

EasyMarkets Spreads

EasyMarkets offers fixed spreads, which vary depending on the account type and trading platform.

EasyMarkets Swap Fees

Swap fees apply for positions held overnight and can vary based on the instrument traded.

EasyMarkets Available Languages

EasyMarkets offers support in multiple languages, ensuring accessibility for traders worldwide.

EasyMarkets Charts Available

EasyMarkets provides comprehensive charting tools through its web platform and MetaTrader 4.

EasyMarkets Order Types

EasyMarkets supports various order types, including market orders, stop-loss, and trailing stops.

EasyMarkets Order Execution Model

EasyMarkets uses a no-dealing-desk execution model, ensuring transparent and fair trading conditions.

EasyMarkets MetaTrader 4, 5 or Other

EasyMarkets offers both MetaTrader 4 and its proprietary web platform, catering to different trading preferences.

EasyMarkets Islamic Account

EasyMarkets offers Islamic accounts that comply with Sharia law, providing swap-free trading conditions.

EasyMarkets Maximum Leverage by Asset Class

Leverage varies by asset class, with forex leverage up to 1:400.

What Can You Trade with EasyMarkets?

EasyMarkets offers a wide range of tradable instruments, including forex, commodities, indices, and cryptocurrencies.

EasyMarkets Tradable Instruments

EasyMarkets provides access to various markets, allowing traders to diversify their portfolios.

EasyMarkets Spreads

EasyMarkets offers competitive fixed spreads across all account types and trading platforms.

EasyMarkets Swap Fees

Swap fees are applicable for positions held overnight and vary based on the instrument.

Is EasyMarkets a Scam Broker?

EasyMarkets is a well-regulated broker with a long history of providing secure trading services. It is regulated by ASIC and CySEC, ensuring high standards of transparency and security.

Possible to Trade NFT?

As of now, EasyMarkets does not offer direct trading of NFTs.

Broker Details

• Founded: 2001
• Headquarters: Limassol, Cyprus
• Regulation: ASIC, CySEC
• Trading Platforms: Web Platform, MetaTrader 4, TradingView

Contact Info

• Email: [email protected]
• Phone: +357 25 828 899
• Live Chat: Available on the website

EasyMarkets vs. eToro

When comparing EasyMarkets to eToro, several differences stand out. EasyMarkets offers fixed spreads and guaranteed stop loss, making it a reliable choice for traders seeking predictability. eToro, on the other hand, provides social trading features, allowing traders to follow and copy the trades of experienced traders.

EasyMarkets in 2024: What’s New?

In 2024, EasyMarkets continues to enhance its platform with new features and educational resources. The broker has expanded its range of tradable instruments and introduced more advanced charting tools to meet the evolving needs of traders.

FAQ