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 a brokerage company with a long history and transparent trading conditions. The variety of account types and advanced software features are also a great advantage available to all easyMarkets customers. EasyMarkets offers flexible leverage options for its clients, allowing traders to access the markets with increased buying power. The leverage options available may vary depending on the financial instrument being traded.

EasyMarkets doesn’t charge fees for deposits and withdrawals but your payment processor might. Deposit methods are credit cards, wire transfers, online banking (Sofort, Giro Pay, Ideal, Webmoney) and e-wallets (Neteller, Skrill, FasaPay, etc.). Most deposits are instant but withdrawals will take longer (see above section). Minimum deposit is 100 EUR but the minimum withdrawal is not specified. EasyMarkets offers more than 200 CFD products across six different asset classes, namely, cryptocurrencies, commodities, metals, indices, currency pairs, and shares.

If you’re using MT5 with the same currency pair, the spread is 0.6 pips. The VIP account offers the most competitive pricing but you’ll need to invest more. You need to deposit at least $2,500 to open a VIP account. They meet the Markets in Financial Instruments Directive (MIFID) regulations. Some regulators mandate compliance with the strictest financial frameworks, while others are less rigid. That is why traders must familiarize themselves with the safety mechanisms ensured by the entity they want to open an account.

Traders appreciate the straightforward interface that makes it simple for both beginners and experienced traders to navigate the markets. The educational resources available are frequently praised, helping new traders to learn the ropes. Additionally, Easy Markets’ transparent fee structure earns commendations, allowing clients to trade with a clear understanding of costs involved. For indices trading, EasyMarkets offers fixed spreads starting from 0.2 pips for the S&P 500 and 0.5 pips for the NASDAQ.

It allows traders to cancel a losing trade; the implication is that the trades are never executed. EasyMarkets will collect a substantial fee for each canceled trade despite the absence of trading activity. DealCancellation is an innovative approach but serves mostly to charge traders for trades that aren’t executed. It may yield a small savings, but still gives the broker pocket change, which really adds up for traders. EasyMarkets is a Cyprus-based brokerage company that started its operations back in 2001 and was one of the first to offer online trading on its developed user-friendly platform.

Deposit Methods

EasyMarkets offers over 230 CFDs and vanilla options across currency pairs, commodities, metals, share CFDs, indices, and cryptocurrencies. A unique feature is that precious metals are available in multiple currency denominations. Additionally, the available indices are divided into cash and futures contracts.

1. Furthermore, the broker provides extensive research and educational content, as well as average spreads.
2. The platform also offers unique trading modes, such as easyTrade.
3. We have tried to contact you many times to assist you with your account, however we cannot reach you.
4. Most other platforms that we have seen have a limited subset of option expiry dates (monthly, quarterly or yearly).
5. Popular commodities such as gold, silver, oil, and natural gas are available for trading, as well as soft commodities like cocoa, coffee, and sugar.

Account Types and Requirements

Negative Balance Protection, dealCancellation, No Slippage, and double regulation. Some of these features are unique to easyMarkets, others are very rare; all in all a great collection of extra features. They don’t charge fees for opening an account, depositing, or withdrawing.

EasyMarkets also participate in a plan which reimburses clients with all or some of their money if the company becomes in solvent. This type of protection is especially beneficial for new traders. That’s because beginners might not be familiar with how rapidly the Forex market can change. During news or other announcements everything can change rapidly. Withdrawal methods are similar to those for making your deposit. So, if you’re using MT4 instead of their proprietary TradingView platform, https://traderoom.info/easymarkets-introduction/ the EURUSD spread is 0.7 pips.

1. I opened a standard account with the Easy Forex Trading Limited entity and performed my tests on the web trader and mobile app versions of the easyMarkets platform.
2. Indeed, we all know about the analogy of “teaching people how to fish”.
3. Just joined recently and was having difficulty getting the account funded.
4. For example you can plot out the option graphs and run pay-out scenarios based on the price.

This includes a trading course for beginner traders, free ebooks, a glossary, and a range of educational videos and platform tutorials. EasyMarkets Platform features advanced charts powered by TradingView. Moreover, the two platforms have built-in strategy testers so that algo traders can hone the parameters of their trading strategies and perfect them for different market environments. EasyMarkets can improve its service by adding VPS hosting. EasyMarkets incorporates actionable trading signals from Trading Central directly on its web trader platform. The broker features its own trading platform, integrated with TradingView charts, and supports MetaTrader 4 and MetaTrader 5.

Forex, Gold & Silver:

The educational section offers more value and is separated into five categories. A mix of videos and written content is accessible, and one division is devoted to the psychology of trading, which may be the first positive development at this brokerage. Freeze Rate allows traders to freeze the displayed price for a few seconds and provides evidence of a simulated trading environment within the easyMarkets webtrader platform.

Best FixedSpread Broker

EasyMarkets, in its original iteration as easy-forex, was founded as a Forex broker in 2001 with the overarching goal of democratizing Forex trading. To that end, easy-forex advanced minimum deposits from $25 by credit card which was viewed as a pioneering step across the industry. In 2016, the brokerage introduced CFD trading and, at the same time, re-branded itself from easy-forex to easyMarkets. EasyMarkets prides itself on being a market maker, and the underlying philosophy is simple honesty. EasyMarkets is the official sponsor of the Spanish football club, Real Betis, which shows that the company is looking to build its brand, and to stick around. EasyMarkets ‘ offices are located in Shanghai, Sydney and Limassol (Cyprus), as well as in the Marshall Islands, which allows us to offer services worldwide.