easyMarkets Review: What Are the Award-Winning Brokers Weaknesses?

easymarkets

Your trade will be opened automatically when the rate you set is reached. Use it with FreezeRate, free guaranteed https://traderoom.info/easymarkets-introduction/ stop loss and take profit. In addition, there is no provision for an investor compensation scheme.

easyMarkets Forex Spreads

The minimum deposit varies at easyMarkets depending on the account type you open, the payment method available depending on your country of residence, and the easyMarkets entity in which you set up your account. For example, the VIP account requires a $10,000 minimum deposit, whereas the Premium account requires as little as $25 while still providing access to the easyMarkets web app or TradingView platform. As its name implies, easyMarkets is very easy to use, and if you’re on the hunt for the best online broker, it’s simple to open an easyMarkets account. Its web-based trading platform is remarkably straightforward (excellent for beginners) and a free demo account is available for simulated trading.

easymarkets

App support

Overall, the broker allows traders to leverage their investments to increase exposure and capitalize on forex market fluctuations. Leverage is a loan provided by brokers, allowing traders to establish larger positions than their actual investments. By covering transaction costs for its clients efficiently and economically, Easy Markets facilitates a seamless banking experience while ensuring hassle-free fund management services. Additionally, fees vary depending on the instrument and increase twofold every Wednesday to cater to weekend holdings. Traders must be cognisant of these charges since they may impact profit margins over time-based transactions, particularly those employing long-term trading methods. Therefore, this cutting-edge technology makes it perfect for innovative traders keen to stay ahead of market trends using advanced tools like comprehensive market outlooks, etc.

Are there any restrictions on trading instruments?

Traders can contact easyMarkets customer service for more information by phone, fax, email, live chat, or directly through the company’s worldwide offices. Traders have access to over 200 markets including spot trades, forwards, and options. The easyMarkets trading platform is known for its innovative features, including its proprietary dealCancellation tool, and its emphasis on transparent pricing.

Best Forex Service Provider

easymarkets

He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. EasyMarkets offers trading on its innovative proprietary web-based platform and its intuitive mobile app for Android and iOS. From the very beginning we have strived to offer our clients the most innovative products, tools and services.

May I suggest implementing a mobile money transfer service similar to Mpesa for users in Kenya and Ethiopia? I appreciate your suggestion about upgrading the easy market, but unfortunately, I lost 30 pips on BTC today. I was waiting for that point, but the easy market closed before I could hit my target.

Friendly to new clients with a lot of features for experienced traders. You also receive easyMarkets free guaranteed stop loss, no slippage, fixed spreads and no funding or withdrawal fees. EasyMarkets offers more than 200 CFD products across six different asset classes, namely, cryptocurrencies, commodities, metals, indices, currency pairs, and shares. CFDs can be traded by day trading, pending orders, forwards trading, or options. EasyMarkets users can trade CFDs on both desktop and responsive devices.

  1. Aside from the minimum withdrawal of €/$/£50 via bank transfer, there are no minimum withdrawal amounts via other payment methods.
  2. I have used this broker for more than 2 years and I strongly recommend them.
  3. Never lose more than you invest, no matter the circumstances or market conditions.
  4. Therefore, this cutting-edge technology makes it perfect for innovative traders keen to stay ahead of market trends using advanced tools like comprehensive market outlooks, etc.
  5. To make a withdrawal, easyMarkets requires proof of identity (such as passport or ID card) and proof of address (such as utility bill or bank statement).
  6. With shares, you can trade your favourite brands and companies’.

Aside from MiFID, CySec, AFS, ASIC licensing, https://traderoom.info/ is also regulated by the BIV. Select one or more of these brokers to compare against easyMarkets. Founded in 2001, the easyMarkets brand consists of a group of companies under the holding company Blue Capital Markets Limited. EasyMarkets has continued to innovate and incrementally refine its offering over the years with unique features, such as its dealCancellation tool. In Australia, the brokerage firm is regulated by the Australian Securities and Investments Commission (ASIC). You will also need to provide documented proof of your address (like a bank statement or utility bill) and identity (such as a government ID or passport) before you can withdraw funds.

Your kind words mean the world to us and we are grateful for your feedback. Anything that collaborates with Real Madrid must be genuine, if you look at how successful the club is and where the club is heading towards infinite success. I advice admirers and even the ones that did not want to trade to quickly register and start benefiting for lifetime. We are pleased you received good service from your Client Relationship Manager and that your funds were received in your Skrill in good time.

To withdraw funds, log in to your account, go to the withdrawal area, choose your desired withdrawal method, and enter the amount. The speed of the network determines the time it takes to deposit cryptocurrency. Specifically geared towards experienced MetaTrader 4 traders, the MT4 VIP program mandates a deposit of $10,000.

EasyMarkets does not charge commissions per trade — instead, they are compensated via spreads. Spreads vary based on the product, as well as the trading platform used by the trader, namely the web trader/app and MetaTrader 4. You won’t be charged fees when you make deposits or withdraw money from your trading account, which is a major benefit because other brokers charge for those services. If you use the broker’s own platform, its features include easyTrade, dealCancellation, Freeze Rate, Inside Viewer, negative balance protection, guaranteed stop loss without slippage and fixed dealing spreads. EasyMarkets offers great services for newer traders but also suits advanced traders who favor MetaTrader 4.

You can use hedging strategies and Expert Advisors to automate your trading. Overall, the broker caters to diverse clients through its spread system that provides predetermined trading costs. Spreads differ based on the type of account, with VIP and premium accounts offering more favourable spreads than others. Furthermore, traders who use this account receive personalized account management services with detailed analysis updates along their trading journey.

The product portfolio comprises currency pairs, stocks, cryptocurrencies, precious metals, commodities, and indices, thereby delivering immense possibilities for diversifying one’s portfolio. Furthermore, the margin requirements vary based on the instrument traded and the leverage employed. These requirements serve as collateral for the leveraged positions.

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