2024 easyMarket Review: Pros, Cons, Fees & More

easymarkets reviews

74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 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. Please contact our customer support team via our website on Live Chat or email us at cs@easymarkets.com so we can have more details on the issue you are facing and help you.

easyMarkets trading platforms and tools

  1. Once a trade is made, a countdown clock shows how much time is left for the trade to be cancelled without realising a loss using this feature.
  2. Other documents, such as credit card statements may be required depending on your account activity.
  3. Traders can configure the chart with customized indicators and technical analysis tools.
  4. To access this feature you need to be using the easyMarkets platform, not the MetaTrader 4 platform which easyMarkets also offers.

However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points. EasyMarkets was founded in 2001 and has established itself as a respected name in the forex and CFD trading industry. The company focuses on providing accessible trading solutions and has cultivated a solid reputation for customer service and innovation in trading technology. We found easyMarkets’ fee structure to be fairly competitive, particularly with an average EUR/USD spread of 0.9, which is better than the industry average of 1.08.

Your kind words mean a lot to us and we’re glad you are pleased with the level of service you have received. We are pleased you received good service from your Client Relationship Manager and that your funds were received in your Skrill in good time. We appreciate the time you invested in leaving your review. Very good broker with effective support….I especially got very good support from them from the beginning..

I love trading with easyMarket firm…

The largest minimum amount relates to the super VIP, which is $50,000. The incentive to choose an account with a higher minimum deposit is lower fixed spreads and a personal account manager. 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.

About the Editorial Team

Your risk remains limited by how much money you’re willing to put at risk up front and you can still enjoy unlimited potential profit on each trade. 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. Just joined recently and was having difficulty getting the account funded. Upon contacting customer service I was helped by Nantia who was absolutely fantastic.

Client Relationship Manager was very efficient to communicate and made sure i received my funds. I had a withdrawal issue as of 6th May but due to some misunderstanding, I wrongly accused them of holding my withdrawal. I have used this broker for more than 2 years and I strongly recommend them. We are thrilled to hear that you had a great experience with easyMarkets!

Once traders download the app, they are welcomed with ready-to-trade demo. EasyMarkets hasn’t yet published spreads for all their listed cryptocurrencies. Note that cryptocurrency spreads may be adjusted more frequently than other assets due to high volatility. Traders who fall below the easyMarkets margin requirements risk receiving a margin call and having their position closed prematurely. Each CFD also has specific easyMarkets margin requirements that traders must maintain.

The biggest drawback to easyMarkets is that it offers barely over 200 tradeable symbols – a paltry amount compared to what’s available from the best multi-asset brokers. EasyMarkets launched the one of the world’s first web-based trading platform in 2001 with a plethora of asset classes, including forex, commodities, stocks and options. EasyMarkets features competitive fixed dealing spreads, dealCancellation and easy risk management options.

EasyMarkets offers over 200 products to Bitfinex Review trade on desktop, mobile, and all other responsive devices — it is an established broker regulated by FSA, CySec, ASIC, and BVI. Whether easyMarkets is a “good” broker or not will depend on the trader’s individual needs. Much like the desktop platform, the easyMarkets mobile application has plenty of useful trading features and tools to offer on both iOS and Android.

For exemple Hedging is supposed to be authorised but in fact be careful because it also forbidden because of bad faith!!!. Experts advisors are supposed to be authorised but will be blocked if you are profitable. Everything is done to make you trade with the broker plateform instead of MT4. The spreads are fixed but the stop level is 4 times the spreads. Meaning you can only place you stop loss at least at a distance of 4 times the spread on MT4. They increase the stop level two time from February to Mars.

easymarkets reviews

The live tchat is very good and the account manager was very nice. But trading is about making money, not only good relation with the broker. I decided to take all my money and trade with other brokers (not market maker). It should be noted that the broker (easyMarkets) previously offered different leverage options, so it’s worth closely monitoring the leverage available at any one time. Leverage will amplify any movements within currency markets which are generally modest. This means that small movements can lead to big gains or losses.

The introductory screen is a list of browsable asset classes and products, along with a three-item menu at the bottom of the screen. Other documents, such as credit card statements may be required depending on your account activity. EasyMarkets notifies customers if it requires additional documentation. Deposits by wire transfer may take as much as 5 to 7 days for funds availability, while deposits through Visa and MasterCard are the fastest. You must provide your name, email, country of origin, and phone number.

easyMarkets Indicies Spreads

Our broker reviews are reader supported and we may receive payment when you click on a partner site. FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade. Two decades of achievements and trustworthy service to clients have earned easyMarkets its CySEC and ASIC licenses, in addition to more than 40 global awards. EasyMarkets is headquartered in Limassol, Cyprus within the European Union and submits to regulation under the Cyprus Securities and Exchange Commission’s (CySEC’s) oversight. The broker is subject to the rules and regulations specified in the EU’s Markets in Financial Instruments Directive (MiFID) and includes the segregation of client funds from its own money. You’ll find a “Getting Started” section, a “Discover” series, free eBooks, Knowledge Base, a Trading Glossary, a description of the key economic prtrend indicators and detailed FAQs.

EasyMarkets recently launched a unique new trading ticket called easyTrade that allows the trader to set their maximum risk. Also, you can trade with zero spread and without margin requirements. You also get variable leverage ratios that depend on the market’s volatility levels.

This risk management feature is recommended to those new to forex and CFDs trading. This is a major reason during our easyMarkets vs Plus500 we recommended the broker for new & intermediate traders. EasyMarkets is an industry-changing, well-regulated broker that should work well for beginners to advanced traders, though U.S.-based traders need to find another broker. EasyMarkets’ strong customer service department offers support via live chat, email, fax and telephone 24/5 throughout the trading week.

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