easyMarkets Review – What to expect from the broker

easyMarkets is a Forex and CFD Broker founded in 2001 that features on its trading platform CFDs on forex, indices, commodities, cryptocurrencies. easyMarkets is a subsidiary company of Easy Forex Trading Limited, a corporation that is regulated by the CySEC. The minimum spread is for EUR/USD 1.0 pip*, a real account can be opened with a minimum deposit of $100. The easyMarkets website is available in English, Polish, Arabic, Spanish and Chinese.

What do we cover in our easyMarkets Review?


General Risk Warning: 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Basic information about the broker

  • Website address: www.easyMarkets.com
  • Leverage: up to 1:30
  • Instruments: CFDs – forex, indices, commodities, cryptocurrencies + Vanilla Options and forwards
  • Minimum deposit: $100 (accounts can be also held in other 18 currencies)
  • Demo account: Yes
  • Methods of deposit and withdrawal: Wire Transfer, Skrill, Neteller, Sofort, Credit and debit cards

easyMarkets Trading Platform

For FX and CFD trading, easyMarkets offers two trading platforms – MT4 and easyMarkets Web Platform. The first trading platform needs no introduction as it is one of the most popular trading platforms for Forex. The easyMarkets Web Platform features: dealCancellation, Zero slippage, Freeze Rate and Free Guaranteed Stop Loss and Take Profit. Both trading platforms give access to over 200 trading instruments.

easyMarkets Spreads

As any other CFD broker, easyMarkets charges a spread fee. For the most current spread charges, please visit the easyMarkets.com website. Here is a spread comparison table that contrasts easyMarkets spreads with popular industry competitors.


Asset EUR/USD USD/JPY GBP/USD AUD/USD
easyMarkets* 1.0 2.0 1.7 2.0
Plus500** 0.6 0.7 1.1 0.6
IQOption** 1.2 0.9 1.5 1.6

*Minimum spreads recorded on 13.06.2019 at 14:32 GMT, data were taken from the website of the broker. **Spreads recorded on 26.09.2019 at 11:26 GMT from the trading platform of the broker.

easyMarkets regulation

 Easy Forex Trading Limited is authorized and regulated by the Cyprus Securities and Exchange Commission under license number 079/07.

The CySEC regulation gives easyMarkets the right to provide cross-border services to other members of the European Economic Area.

To sum up the easyMarkets Review

easyMarkets adheres to strict regulatory guidelines of the CySEC (License Number 079/07). The broker offers solid spreads and according to Trustpilot the company has also quite a good reputation amongst traders. The minimum deposit is quite low, only 100 dollars and the trading platforms looks very easy to use. The biggest drawback that I can see is that the broker does not feature any CFDs on stocks.

 

Your review can make a difference to other traders, please leave a comment if you have any personal experience with easyMarkets.



Michael

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