Demo accounts come loaded with10,000 USD in virtual funds, which can be topped up. EasyMarkets offers a limited number of account types compared to other brokers, but its trading costs and minimum deposit requirements are low. EasyMarkets has also got quite a few options when it comes to the types of accounts that traders can use.
Then, on the main user interface you have a pretty well laid out and intuitive platform. You have all of your markets on the left, the order forms on the right, charts on the right and the live, pending and past orders in the bottom panel. With STP brokers, your orders are routed straight to the liquidity providers. This means that the broker does not manage the order and hence cannot protect you from any potential market moves that take you into negative equity. Well, it means that irrespective if the market moves below your stop loss, it will be executed. This gives you an extra piece of mind as you know that irrespective of how volatile the markets, you will be stopped out and your loss limited.
The firm is a haven to over 300 markets and a number of trading instruments such as options, forwards, and trades. 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.
Easy Forex Trading With Easymarkets
New accounts are opened online, and the process is surprisingly short at easyMarkets. Traders are initially only required to prove their e-mail address and create a password or connect through their Google or Facebook account. This is usually completed by submitting bitcoin casino free btc a copy of the trader’s ID and proof of residency document. The research section consists of six categories, unfortunately, all not specifically valuable to traders. The information can be more efficiently retrieved from within the MT4 trading platform.
Although they do have large client coverage, there are a number of regions where they cannot accept clients from. You can see the full list on their site but perhaps the most prominent is the United States. They have offices in Cyprus , Sydney and the Marshall Islands . Clients have the opportunity to trade the world’s most popular shares leveraging innovative tools and favorable conditions. They trade as CFDs giving traders the ability to diversify their portfolios further and go long or short.
If you are looking for fixed spreads, then easyMarkets is the way to go. Being focused on the convenience and better experience of its clients was the thing that brought a lot of benefits to easyMarkets. best bitcoin wallet uk Now easyMarkets provides trading opportunities for different instruments, currencies, cryptocurrencies, and even metal. So, the scope of easyMarkets is pretty wide for investors and traders.
These all help to simplify the trading process and put the power in the hands of the user. There is also an option to use the MetaTrader 4 platform instead of the easyMarkets Web Platform, which might suit more experienced traders. While it brings some special value for the new traders, its feature list also keeps all the advanced traders in a favorable situation. Things like automation are also possible with a lot of other smart features. On top of everything, easyMarkets brings a new account bonus for people from different parts of the world.
Easymarkets Metatrader 4 Mt
It is accessible, simple, intuitive, and powerful on iOS or Android devices. It gives traders access to markets everywhere whenever connected to the internet. This platform enables clients to access market news and live prices without leaving the app. It has analytical tools such as technical indicators and charts and you can monitor your account in real-time in the palm of your hand. This app is available for download in AppStore for iOS and GooglePlay for Android devices. EasyMarkets has countered the shortage of investment into MT4 by creating their proprietary webtrader, advertised as an intuitive, powerful, and simplified trading platform.
- EasyMarkets is a market maker and derives the majority of its income directly from clients’ losses.
- Customer service representatives are available “24X5” during market hours to answer your queries and to provide guidance and instruction.
- They have a number of sponsorship deals including their recent affiliation with Real Madrid.
- These resources include training articles, daily market commentary, trading charts, tools, and an economic events calendar.
One major thing that has recently changed is the way of earning for most people. Instead of physical working and services, most people have now switched towards online working. Miroslav Georgiev is Senior Risk Executive with 20+ years of professional wide-ranging experience in multinational forex companies. Take part in Global setup and development of Forex and CFD being an active part of the Business Team.
Spreads are fixed at 1.0 pips (EUR/USD) on easyMarkets’ proprietary platform and 0.9 pips (EUR/USD) on MT4, which is, at best, around the industry average, but no commissions are charged. VIP account-holders also have access to same-day deposits and withdrawals. One should know that Bitcoin trading or any other kind of trading involves high risks, and is not suitable for everyone.
EasyMarkets core value is to simplify trading and its customer support and service is one-factor proof that it is easy and simple to reach their support team. EasyMarkets Professional Level Account is an account for experienced and most demanding professional traders. You can avail of this account only if you pass the requirements of easyMarkets for eligibility. This account unlocks most restrictions placed on retail-level accounts. I opened an account with EasyMarkets because I wanted a fixed spread for my EA to work best. Once night, I gained 1000 USD and was shocked to know that my EA stopped working the next day.
They cover everything from beginning trading principles to how to use the trading platforms. This is essentially a free tool that lets the trader freeze the current market rate for 2-3 seconds. Hence, if you observe an important trading level and would like to execute it you can quickly freeze the rate before pulling the trigger. This is a feature that easyMarkets includes on their web platform that basically allows a trader to cancel a trade after it has been placed and executed.
MetaTrader 4 is a popular trading platform amongst traders and easyMarkets included this powerful platform in their list. This platform allows traders to use advanced trading knowledge to customize their terminals and display multiple live charts while using technical indicator overlays. Due to its ability to integrate a wealth of features that allow tailored market analysis and automated trading, most traders choose to use the MT4 platform. This platform is as well as preferred by advanced traders because it shows an amount of information displayed in one window. The market news section is a financial news feed, which can be found inside the MT4 trading platform. Trading charts offers very little of substance, and live currency rates can be obtained from the trading platform.
Offer Of The Month
Through time, EasyForex expanded, opening offices around the globe and diversifying its tradable assets. In 2016, the liquidity provider rebranded from EasyForex to EasyMarkets. It serves clients worldwide to provide simple, honest, and transparent trading services. EasyMarkets doesn’t charge fees for deposits and withdrawals but your payment processor might. Deposit methods are credit cards, wire transfers, online banking and e-wallets (Neteller, Skrill, FasaPay, etc.).
One of the best ways to manage your risk when trading with high leverage is through the use of stop losses. At easyMarkets, you have the benefit of a free Guaranteed stop losses. You can run the same calculations on the other assets that are available to trade on the web platform. Of course, those assets that are more volatile will have a lower leverage limit.
It is impossible to achieve this status without providing flawless service and customer support. EasyMarkets is an award-winning Forex and CFD trading platform launched in 2001 as the world’s first web-based trading platform. The company has since grown to serve clients from over 160 countries, and its global presence is represented with offices in Shanghai, Warsaw, Sydney and Limassol. These are the underlying technologies implemented in the backend of the easyMarkets platform that lets clients trade with limited risks.
Once you enter into a trade, you can then either close it ahead of time or it will automatically expire at the end of its time frame. Once it expires, the resulting payout, if any, will then be credited to your account. There are several ways in order to reach easyMarkets customer service and support. The firm can be reached by phone, various chat channels, email, and web forms. The support desk operates 24/5 and has different language support.
The broker also supports the highly popular Metatrader4 product line, as well. You may employ your favorite “Expert Advisor” and enjoy swift execution without slippage gdax fees or re-quotes. Although originally just focusing on the forex markets, easyMarkets have been significantly expanding their market offerings since the name change.
Easymarkets Platform And Tools
Unlike with the options, the easyTrade is done through the standard web platform and mobile app. The standard trade parameters are the direction of the trade as well as the amount at risk and the expiry time. The broker prides itself on offering award-winning customer support. Customers use platforms such as the live chat button, email, and phone calls to reach out to the team in case of any issue. The team attends to its cluster of clients 24/5 and is available in multiple languages. We do need to mention in this Easymarkets review that, like many other brokers, Easymarkets don’t accept clients from a handful of countries.
Their prices were so out of kilter with the real market confusion reigned supreme. I like their fixed spread, it never changes which makes me trade easily because am aware of my trading expence even before opening any position. I hate variable spreads because sometimes they can manipulate to trigger your sl. Thanks to WEALTHWATCHS, com that assisted me in recouping my money back from easy markets. They block all negative reviews especially on trustpilot and deceive people with the fake positive reviews. The first thing that stuck out for us was their limited crypto coverage.
They also offer fixed spreads, which are nice if you don’t like the added uncertainty of spreads spiking during times of volatility or low liquidity. Their spreads on anything but EURUSD and USDJPY, especially those on crosspairs, are steep. They make trading moves on anything below the 4hr chart difficult. My trading style is swing trading on the daily chart, which is definitely doable with these spreads – but then you run into their swap rates. Even pairs where taking a long would result in you being paid quite decently on the swap by another broker, you are almost always paying Easymarkets.
The MT4 trading platform is offered to traders, but easyMarkets fails to provide any of the required and critical third-party plugins which are necessary to unlock full functionality. MT4 is still one of the most popular trading platforms available, given its full support for automated trading solutions and back-testing functionality. The primary MT4 platform, as provided by this broker, lacks core features and represents a sub-standard trading portal. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.
With these awards, we can say that easyMarkets is living up to its core values as a simple, honest, and transparent broker that gives good service to its traders. With this, all traders need is a smartphone and start trading when on the go – no to have an office to start trading. Safety and security are assured by the firm’s use of the best encryption technology protocols that protect all trading activity data and other personal information.