For those who don’t know, options are instruments that give the holder the right but not the obligation to buy or sell some asset in the future. We have previously done a post that goes into the mechanics of options a bit more in-depth. However, to give you a relatively good idea of some of the spreads, here is a select group of FX, Metals, Commodities and indices. This large and regulated broker has been around since 2001 and has expanded greatly over the past 19-odd years.
Company Background and Regulation
I think its better avoid cysec brokers especially easymarkets. EasyMarkets offers over 191 different instruments to trade, including over 135 currency pairs. We’ve summarised all of the various sorts of instruments offered by EasyMarkets below, along side the instruments offered by XTB and AvaTrade for comparison. It is all a bit too cluttered, but that’s probably because they have to cram a lot of information on their website. They have a lot of tradable assets, instruments, and tools, and they offer details about each one, which piles up to quite a stuffed website.
On their site they advertise 0.8 pip spread on EURUSD (the most liquid pair in the fx) and in reality you will get 8-11 pip spread in live trading. What is wrong with clients being even remotely OK with this gouging!?! The fixed spreads are 0 .77 pips on EUR/USD when using MT4 or the website respectively.
How long does it take to withdraw money from an easyMarkets account?
Much like the desktop platform, the easyMarkets mobile application has plenty of useful trading features and tools to offer on both iOS and Android. The easyMarkets trading platform is known for its innovative features, including its proprietary dealCancellation tool, and its emphasis on transparent pricing. EasyMarkets provides the MT4 trading platform, as well as its proprietary webtrader platform. EasyMarkets provides a dedicated division for research and education. The research category is divided into six sections, though only the blog is original content; the other five sections are simply a collection of data not created by this broker.
If you prefer to download offline content to read later then there is an extensive range of eBooks. These are completely free and you can even download them now from their website. They cover everything from beginning trading principles to how to use the trading platforms. For example, you can do one touch easyTrades on the mobile app as well as Freezing the rate and Deal Cancellation. You also have some charting functionality although this is not nearly as effective as the web-based tradingview charts.
For example, they have completed over $2.92 trillion in USD volume, have executed over 56.3 million order and have served over 145,000 traders. In this easyMarkets review, we will give you what you need to know about the broker. I will also give you some top trading tips you need to consider. They also offer good information on the platform to help with your trading decisions.
- That’s because beginners might not be familiar with how rapidly the Forex market can change.
- Essentially, the broker lends the trader money so that they can open bigger positions.
- These are completely free and you can even download them now from their website.
- 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.
- EasyMarkets also deploys comprehensive encryption throughout its site to protect the data of users.
Table of Contents
- This account type requires a minimum deposit of $10,000 and offers the tightest spreads, a personal VIP dealer, and free access to advanced trading tools and resources.
- However, licenses obtained from regulators in different jurisdictions do not always entail the same degree of protection.
- In fact, they’re among the first firms that offered online trading.
- This means not every available option may be featured on this page.
- EasyMarkets used to have a 7-day limit on their demo accounts.
- On the one hand, it provides unique materials like the ‘What If’ blog series, which explores alternative scenarios and their market impact.
- The platform’s main trading screen gives traders access to more than 200 different instruments in one tab.
This panel contains the live prices and symbols of popular instruments traded on easyMarkets. Traders can search https://traderoom.info/easymarkets-introduction/ for a particular instrument via a search box, or navigate by category through the different asset classes. EasyMarkets hasn’t yet published spreads for all their listed cryptocurrencies.
For those who trade on the MT4 platform, as mentioned it is available on both iOS and Android. The MT4 app is just as popular as the desktop application. Despite this though, it pales into comparison next to the MT4 desktop app. The dealCancellation is a great tool for those time you want to trade important market moving events.
The main disadvantage is the limited market range and no 24/7 support. Deposits are generally processed instantly, while withdrawals are typically processed within 24 hours. EasyMarkets does not charge fees for deposits or withdrawals, though third-party fees may apply depending on the payment provider. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.
The choice of the platform goes to an award-winning easyMarkets intuitive platform based on the Web, thus, does not require installation while is adjusted to the computer’s system. Equipped with a suite of comprehensive tools to support trading along with the tailored by the easyMarkets powerful trading conditions it is a good option to trade. Based on our expert findings, we can confidently assert that the broker is trustworthy and highly regulated by top-tier regulators. It assures trading safety and secure transaction, as well as negative balance protection in case of insolvency. A good selection of education makes the broker highly attractive for beginners.