The easyMarkets Web platform is a powerful platform that does not require downloading software. It runs on all operating systems with 81 technical indicators and other analytical tools. It caters to News Headline and Financial Calendar, which are important ingredients for fundamental analysis. In the beginning, the firm started accepting initial deposits from $25 and only offered Forex to trade at the time, until it grew to the company that it is now. Over the years, easyMarkets expanded its trading options and CFD offerings to include global indices, energy, metals, and more. In 2016, the name of the company was changed from easy-forex to easyMarkets.
On Trustpilot, EasyBourse receives a score of 4.2/5 easymarkets broker from over 1,400 reviews, which demonstrates a notable level of satisfaction for a purely French player. EasyMarkets provides multiple methods to deliver educational material to beginner traders still new to forex. The options from free e-books to free educational videos and seminars along with articles and webinars are all available for free.
Let’s dig a little deep into their contribution to research and education. Have you ever heard of order cancellation when markets are moving against you? EasyMarkets enable you to do so with its dynamic dealCancellation tool. So, if the markets are moving against you, leave yourself a one, three, or six-hour cushion to cancel your order with easyMarkets.
Does easyMarkets allow hedging?
- Most of these spreads seems to be quite tight when compared to the competition.
- If you’re looking for a reliable and secure trading platform to begin your trading journey, Easy Markets offers all the essential features you need to succeed.
- Don’t be scared off by brokers like easyMarkets charging a minimum deposit to open a trading account.
- This easyMarkets review 2024 carries all the detailed information you need to know before deciding to open a real account with the broker so make sure to carry on reading.
- Well, it means that irrespective if the market moves below your stop loss, it will be executed.
Experienced easyMarkets traders can trade high risk CFD trades to hedge items in their portfolio. To open a trading account with easyMarkets, individuals can sign up on the easyMarkets website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
When considering easyMarkets for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as easyMarkets, is to assess the broker’s regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. A financial asset is any security or asset that has financial value attached, tangible or intangible.
What are the account fees?
These materials cover a wide variety of topics from reading a stock chart to trading strategies. With a good rating across various review platforms, Easy Markets continues to maintain a positive image as a reliable broker. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. It prioritizes transparency, client fund protection, and features like negative balance protection. I also found the downloadable e-books and financial glossary helpful for beginners. The gamification features, such as badges and certificates, add an engaging touch.
- The only downside is that manually executed market orders via the platform typically suffer from slippage.
- With the dealCancellation tool, you can day trade on the app while undoing losing trades within 1,3 or 6 hours for a minimal cost.
- Easy Markets has quite a selection of educational material that are positioned for traders of all skill levels.
- EasyMarkets offers an unlimited demo account with a virtual balance of $100,000 and real-time data.
For example, its share CFD spreads are at rock bottom, but the Bitcoin spread is rather elevated, while spreads on other popular instruments I measured were in line with the industry average. Although easyMarkets’ headquarters are in Cyprus, its customer service team is available 24/5 to support its customers. You may reach out to them through various channels, including Live Chat, Phone, and Email. I think they could improve by increasing support hours to 24/7 just like competitors such as Trading 212. With the easyTrade tool, a trader can trade with limited risk and unlimited protection.
How do I open an account with easyMarkets?
The cheapest account on easyMarkets Group is the VIP account (MT4) with an average cost per trade of $7 which is 30% cheaper than the industry standard of $10. The easyMarkets VIP account (MT4) charges fixed spreads starting from 0.7 pips with no trading volume commissions on 1 lot of the EUR/USD Forex pair. All accounts at easyMarkets have common features regarding trading platforms, assets available for trading, and trading conditions. The easyMarkets minimum deposit ranges from $1,000 to $10,000 for professional account types such as the Premium account or the VIP account.
Account funding at easyMarkets
Another benefit of installing the app is that it enables traders to easily access their portfolio without entering any login credentials. The app supports biometric authentication, allowing you to sign in via Face ID or Touch ID. Another great option for investors is to trade contracts for difference (CFDs) on global market indices. Indices, which are essentially baskets of different company stocks, are among the most popular trading instruments because they balance out the volatility of individual companies and their shares. They can be tracked easily and investors do not need to own the particular company stock to trade it. Options, much like CFDs, allow investors to profit from the price movements of the underlying asset.
These could include the likes of the Brexit referendum where there is usually a binary outcome on said event. EasyMarkets has also developed some really helpful trading tools that give their users more choice. Many of these are patent pending and they are all within the rules that are defined by the regulators. Although the MT4 platform can be considered “advanced”, there are a plethora of resources online that can get you going. If you would like more resources and guides about how to use the MT4 then drop us a contact here. The MT4 platform has been in operation for over 10 years and is a technical analyst’s dream.
CFD Trading on easyMarkets
All have no account fees, no commissions as well as free deposits and withdrawals. For example, Plus500 has a “no activity” fee that they sneakily activate on some user accounts. 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. There are several important risk management tools that easyMarkets provides for their clients.
On the other hand, it offers highly practical resources, such as trading signals from Trading Central. EasyMarkets excels in the research category, offering a mix of in-house market breakdowns and opinion pieces alongside content from external providers. This variety gives clients a well-rounded perspective on major market trends and emerging trading setups. Despite this, the app remains an invaluable tool for traders, providing quick and easy access to the market.
The easyMarkets Premium account is available for any client, even though only traders under the FSA and FSC regulations have the ability to operate the Premium account on the MT4 trading platform. EasyMarkets enables deposits and withdrawals through several methods including wire transfer, credit/debit cards (Visa and Mastercard), ewallets (Neteller and Skrill), and cryptocurrencies. In the European Union and the United Kingdom, this level of protection is enhanced by the Investor Compensation Fund (ICF) and the Financial Services Compensation Scheme (FSCS), respectively. These provide insurance compensation of up to €20,000 in the EU and £85,000 in the UK if the broker is unable to fulfil its financial obligations.
Being regulated with four regulatory authorities makes it easy for traders to win the trust. Being regulated on top-tier country commissions implies that your funds are in safer hands as some strong authorities back your broker with dependable aged market repute. This includes trading methods, trading psychology, risk management, and introductory learning modules for novice traders.
I reviewed Easy Forex Trading Ltd’s legal documents and found everything to be in order. Additionally, the broker has issued a ‘best execution policy,’ legally mandating them to provide optimal price quotes under current market conditions. We do not provide investment advice or solicitation of any kind to buy or sell any investment products. Trading carries a high level of risk and may not be suitable for all investors. We provide broker reviews and ratings to help users find a suitable broker according to their own needs.