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easyMarkets Review 2024: Pros, Cons, & Fees

easymarkets

An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. We use proprietary AI technology to assist in some aspects of our content production. However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points.

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There are also thorough Know Your Customer (KYC) checks applied to all clients who sign up for a live trading account. The highest tier offers a Super VIP account, which has the same benefits as the VIP account but requires https://forexbroker-listing.com/ a £10,000 minimum deposit. You also get access to custom spreads and negotiable transaction sizes. Traders can access a significant collection of exotic assets, which are mainly cryptocurrencies and options.

MetaTrader 5

easymarkets

When forex trading, one type of  ‘safety mechanism’ is guaranteed stop-loss. This risk management feature is recommended to those new to forex and CFDs trading. This is a major reason during our easyMarkets review vs Plus500 we recommended the broker for new & intermediate traders. The brokers’ platform offers transaction cancellation, freeze rate, and guaranteed stop loss to improve risk management and trading flexibility. We have tried to contact you many times to assist you with your account, however we cannot reach you. Please note that you can close any of your open trades separately by choosing the one you would like to close individually on the platform.

easymarkets

easyMarkets Platform (Web & App)

easymarkets

EasyMarkets charges no commissions on trades, just a fixed dealing spread. You can trade a wide variety of assets and spreads, including forex, metals, indices, commodities, cryptocurrencies and options. EasyMarkets’ innovative dealCancellation feature delivers a major advantage to traders who need to undo losing trades. This feature is especially helpful for newer traders and news traders who operate during volatile markets or are more likely to make mistakes while learning.

Trade On MOre Than 275+ Instruments

It’s also worth pointing out that we made this easyMarkets review because like other brokers compared on this site including IG Markets, they have an AFSL. This means that deposits are segregated into a separate account, and there are training standards and requirements for external auditing. It’s strongly recommended that all Forex Trading Australia be done through an Australian-regulated broker to avoid Forex scams that occur internationally. EasyMarkets is an online market maker that provides a trading platform for derivatives like contracts-for-difference.

Cryptocurrency CFDs

Your bank will likely charge you a fee for making a wire transfer. Generally, for international transfers, the funds will be processed in 5-7 business days, while a local transfer takes between 1 and 3 business days. You also have to withdraw at least £50 every time you use this method. The trading interface is extremely easy to use as it has a very clean design with a simple yet effective colour scheme.

Overall, the commission fees are embedded within the spread to ensure regular transactions do not incur additional charges. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. We are very happy you have had a great experience with us and we look forward to working with you further. 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.

Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. The mobile trading apps at easyMarkets are highly functional, providing traders with the flexibility to trade on-the-go effectively. Our research led us to appreciate easyMarkets’ robust regulatory framework, being a MiFID-regulated and ASIC-authorised broker.

Fixed spreads and no slippage on our web platform means you know your costs before trading. We are regulated by both CySEC in Europe and ASIC in the Asian Pacific Region. We never adjust our trading conditions in response to market volatility. You can absolutely trade shares with easyMarkets app, including popular US, Australian, Hong Kong, European and Japanese listed company shares. But it’s much more than that, we offer over 275 instruments you can trade on mobile.

  1. In addition to catering to all essential trading needs, it also provides personal account management with guidance throughout one’s career as a novice trader.
  2. I had some issues registering and one of your staff, Mr David was very helpful and professional in his approach.
  3. Assets and contracts for difference (CFDs) include forex, cryptocurrencies, metals and other commodities, indices and vanilla options.
  4. If a stop-loss is also reached within the period and dealCancellation is active, no trading loss will be realised.
  5. You have a choice of four trading platforms with the easyMarkets web trading interface offering a simple way to trade the markets accompanied by some nice-to-have features.

Trading has been great, with no hitches, easy login, and out, and easy trade. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money.

However, it is important to note that certain features, like their focus on CFDs and the absence of conventional stock options, may not align with everyone’s preferences. The uncomplicated methodology of the broker in contrast to other companies within an industry known for its complex pricing structures, distinguishes it. We use dedicated people and clever easymarkets broker technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Thank you Farouk, this is indeed high praise and we thank you for taking the time to leave this fantastic review. Your kind words mean a lot to us and we’re glad you are pleased with the level of service you have received.

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