easyMarkets Guide – Read our In-Depth easyMarkets Review
This easyMarkets review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this easyMarkets review does not apply to US users.
If you're a new entrant in the realm of trading and broker, so many details will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive knowledge. You will acquire adept at all the concepts of brokerage as you keep trading. For starters, you need to choose the right agent who will be transparent with you always.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program will generate hefty returns. easyMarkets is just one such platform that will take you along with your investment to great heights. It's important to know all about easyMarkets until you trust them with your cash.
Our full easyMarkets Review covers all you need to know about trading with easyMarkets. A good broker can multiply your initial investments and provide you favorable profits. If you would like to make profits, you should trade with a brokerage service that aligns with your investing objectives.
There is no sure-fire method to ensure profits; thus, you must carefully analyze your agent before you choose them. It's a common misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, initially, can set your investments at risk.
easyMarkets is a broker that has forged its way successfully into the broker world. In this review, we have attempted to collate a number of the important facets of easyMarkets. This review will help you to understand whether easyMarkets is a fantastic match for your investments or not. We have attempted to breakdown all of the features and charges for your convenience.
easyMarkets Review, Table Of Contents
- Who are easyMarkets?
- Benefits Of Trading With easyMarkets
- Everything you should know about trading with easyMarkets
- Is easyMarkets Safe To Trade With?
- Pro's & Con's Of Trading With easyMarkets?
- Compare Brokers Similar To easyMarkets
- Regulation And Licencing In More Detail
- easyMarkets Awards
- Minimum Deposit Required For A Live Account With easyMarkets
- easyMarkets Commission And Fees Explained
- Compare broker fees against easyMarkets
- easyMarkets Withdrawal Fees Explained
- easyMarkets Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With easyMarkets?
- Alternatives To easyMarkets
- Frequently Asked Questions About easyMarkets
Who are easyMarkets?
easyMarkets is a forex broker headquartered in Cyprus, Australia and provides a variety of tools for trading. Since its beginning in 2001, easyMarkets has emerged as a leading player in the industry of online brokerage. easyMarkets has an extremely aggressive and full-featured trading website that's focused on currency, indices, metals, sharesand commodities.
Over the past 20 years, easyMarkets has grown into one of the leading online brokers.
After launching in 2001, their consumer base is becoming as large as 142,500+ clients.
easyMarkets is the favorite for many traders because of its negative balance protection. Our easyMarkets review discovered that they're an superb alternative for automated trading options. They're best suited for investors who are searching for an assortment of assets. Social and automated trading solutions are the core at easyMarkets.
Technology plays a significant role at easyMarkets. easyMarkets offers trading on MT4, Web Trader, Tablet & Mobile apps. easyMarkets is fair, transparent, and a well-regulated broker by the Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC). Their outstanding variety of tools will be beneficial for most traders. Third-party partnerships also provide in-house research.
The trader resource section at easyMarkets is very enlightening for new dealers since it allows them to get a closer look in the financial markets. easyMarkets caters to all types of traders and are a must-have broker for any well-diversified approach to trading.
If you feel that easyMarkets is not right for you then at the bottom of this easyMarkets review you wil find a lot of alternatives to easyMarkets.
What you ought to know about trading with easyMarkets
easyMarkets is a dynamic platform that provides various techniques of online trading. These instruments cover the monetary markets considerably. Most of the brokerage platforms provide fewer procedures than easyMarkets
If you want to trade with easyMarkets, you'll need a minimum deposit of $100. This deposit is mandatory if you would like to begin trading using easyMarkets. This 2021 easyMarkets review will guide you clearly about trading with them.
easyMarkets is as flexible as any other broker platform. easyMarkets is excellent for traders who want a manageable array of cheap services. The platforms provided by easyMarkets are third party, white-label offerings. All traders can select out of MT4, Web Trader, Tablet & Mobile apps.
Along with everything, easyMarkets has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time on which a trade must be kept open. The brokers offer premium customer service that rewards customers with benefits.
Many unethical brokers attempt to pressurise customers into larger funding for superior services. easyMarkets, on the other hand, is more focused on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the greater benefits will become available.
easyMarkets accounts are available all over the world and provides outstanding service wherever they have clients. There are some select few countries where easyMarkets accounts are not available. Traders in the following countries cannot open or use a easyMarkets account:
Is easyMarkets Safe To Trade With?
Established in 2006, easyMarkets has been operating for 20 years, they have a head office in Cyprus, Australia.
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC). These figures have rules that make sure that trading platforms have steps in place to keep investor's resources secured. This usually means that easyMarkets users don't need to be worried about their money as it's segregated and safely kept in banks that are established. SSL encryption secures every user's personal information as well.
You are able to make use of an option for 2 Factor Authentications (2FA) with easyMarkets for increased security. An SMS with the verification code will be sent to your mobile phone. You'll be asked to input this code to log into your account.
Another concern with fiscal brokers with regards to security may be manipulation of trading. This is highly disadvantageous to consumers on these platforms. Nonetheless, this is much more prevalent in the example of Market Maker agents who compete with users on the stage.
Pro's & Con's Of Trading With easyMarkets
Every online trading platform will have a few pros and cons easyMarkets review would be complete without having a balanced approach. This easyMarkets review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
- easyMarkets is trusted by 142,500+ clients
- easyMarkets offers Negative Balance Protection
- easyMarkets offers Guaranteed Stop Loss
- easyMarkets doesn't charge withdrawal fees
- easyMarkets doesn't charge inactivity fees
- easyMarkets doesn't charge deposit fees
- easyMarkets doesn't charge CFD fees
- easyMarkets offer trading on MT4, Web Trader, Tablet & Mobile apps
- easyMarkets offer 200 trading instruments
- easyMarkets trades major forex pairs
- easyMarkets trades minor forex pairs
- easyMarkets trades exotic forex pairs
- easyMarkets offers trading on cryptocurrencies
- easyMarkets can communicate in English, German, Arabic, Chinese, Spanish and Polish
easyMarkets Review - Compare Brokers Similar To easyMarkets
|easyMarkets||ICICI Direct||City Credit Capital||Choicetrade|
|Headquarters||Cyprus, Australia||India||UK||United States|
|Regulated By||Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)||Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange||Financial Conduct Authority (FCA)||Unregulated|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Losses can exceed deposits||Your capital is at risk|
easyMarkets Review - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
easyMarkets, as a company, has a powerful set of rules for ensuring honest trading onto its own platform. For data encryption functions, it supplies an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, customer information is never to be shared with some other institutions or individuals. Including credit history and other financial information.
easyMarkets Review - Awards
- At the time of writing this easyMarkets review, they had not received any awards.
easyMarkets Review - Minimum Deposit Required
The minimum deposit you must deposit to begin on easyMarkets is $100. This is an adequate amount for those just beginning. You can make more complex residue as you cooperate. But, ensure you understand how to make the most of your money before investing larger amounts.
easyMarkets Review - Commission And Fees Explained
easyMarkets is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. That is, an online broker is not necessarily affected by the number of clients they have.
However, this does not mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 different types of fees for this purpose.
The first kind of fees to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're charged trading fees. In these cases, you're spending a spread, funding speed, or a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are people who are charged when you maintain a leveraged position for more than daily.
Aside from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake in your accounts. They are billed for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
In general, easyMarkets does not charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller amount. This can be beneficial for those who regularly trade, such as weekly or daily trading.
But, non-trading fees charged by easyMarkets are comparatively lower. Consequently, you're charged more for non-trading actions in your trading accounts, like withdrawal and deposits. These aren't about the purchase and sale of assets.
This easyMarkets review breaks down each of the applicable non-trading charges for you in detail.
Compare broker fees against easyMarkets
|easyMarkets||ICICI Direct||City Credit Capital||Choicetrade|
easyMarkets Review - Withdrawal Fees ExplainedeasyMarkets doesn't charge withdrawal fees
Withdrawal of money is possible at any moment from the easyMarkets account. You can draw up sums to the sum of your account balance, keeping aside the perimeter used. One thing to keep in mind is that you don't always need to have any money in your account.
In addition, the withdrawn money will be transferred directly to the account you use to make deposits. Therefore, in the event that you used a credit card for deposits, the withdrawn cash will be sent into the card. easyMarkets will ask you to provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing cash in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the currency you are choosing to withdraw in.
easyMarkets Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is one of the buzzing questions that run through your mind while open an account with easyMarkets. An inactivity fee is an amount charged to registered dealers that haven't participated in buying or selling for a while. The period considered inactive is decided by the agent.
The inactivity fee differs from 1 broker to another and isn't standardized. If a traders account does not have a buying or selling trade, it is maintained by the broker as an inactivity charge. The traders have to pay this commission under conditions and terms that they had consented while enrolling.
easyMarkets doesn't charge inactivity fees so you are free to use your account as needed
Even if no charges are implied by easyMarkets, it's better that you close the account if you're inactive. Inactivity fees are not just charged by brokerage companies but also many financial services.
For additional trading platforms, the inactivity fee is contingent on the sort of account you've selected. The inactivity fee is exposed to many circumstances and should be revealed clearly by the agent beforehand.
easyMarkets Review - Deposit Fees Explained
When you transfer money into your trading account from your bank account, a deposit fee can be billed by the broker. Most brokers do not charge an excessive amount of money for this particular operation.
easyMarkets doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the easyMarkets trading platform is simple. You just need to finish a single-user profile survey to start depositing money into your trading account. You will need to provide an identity evidence and proof of residency to deposit substantial amounts.
easyMarkets Review - Compare Broker Deposit Methods
|easyMarkets||ICICI Direct||City Credit Capital||Choicetrade|
What Can You trade With easyMarkets?
Note: easyMarkets offers a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered will differ depending on the country of residence of the client.
easyMarkets has a wide variety of over 200 instruments available for you to trade with.
If trading currency pairs is of interest to you then easyMarkets offer over 150 currency pairs.
Compare easyMarkets, ICICI Direct, City Credit Capital & Choicetrade below.
Alternatives To easyMarkets
If, after studying this easyMarkets review, easyMarkets doesn't quite meet your requirements check out these easyMarkets alternatives.
We have scoured the web to find the best alternatives to easyMarkets. Click the hyperlinks below to find out more.
Frequently Asked Questions about easyMarkets
Can I try easyMarkets before I buy?
Yes, you can most definitely try easyMarkets before you buy. easyMarkets provides demo accounts for the ease of new traders. You may use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you sign up to get a demonstration account on easyMarkets, you will set out using a decent amount of virtual money. It's to establish a sense of safety and confidence in you until you choose to invest your own money.
With this virtual easyMarketsdemo account, you are able to experiment at all, to whatever period you desire. You might also open positions, examine different trading approaches, and more.
easyMarkets specifies on its official website that you are able to exchange real time stocks with your demo account.
Is easyMarkets safe?
It is possible to drop all your worries because we believe that easyMarkets is totally safe to use. It is in compliance with all the rules of Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
To its credit, easyMarkets provides assured stop-loss protection.
Why does easyMarkets ask for my passport?
The reason that easyMarkets asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, easyMarkets has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, easyMarkets must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with easyMarkets?
The process to start trading witheasyMarkets is perhaps simple enough to be a cakewalk. You need to begin by signing up on the easyMarkets website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with easyMarkets is $100. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with easyMarkets.
The best way to kickstart your trading career with easyMarkets is to open a demo account facility before risking any real money
What funding methods do easyMarkets accept?
There are multiple ways to finance your account with easyMarkets. The process is effortless and quick, with various payment methods in your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You must bear in mind that PayPal isn't available in every country. The currencies easyMarkets
Is my money safe with easyMarkets?
Yes, your cash is safe and secure with easyMarkets. As you already know, easyMarkets works with good conformation to. It's established lots of steps to protect all its investors.
easyMarkets safeguards its customers' private and sensitive data under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you want to further safeguard your accounts, it is possible to empower Two-Step Verification also. It requires an SMS confirmation for you to access your accounts.
Is easyMarkets trading good?
Yes, trading via easyMarkets is a nice and decent experience indeed. It is an excellent and intuitive platform with useful features for your ease. Moreover, you could even obtain access to a huge collection of educational resources and assistive substance to kickstart your trading experience.
If you remain skeptical, you can start a eToro demo account and evaluate the credibility of the platform for yourself.
Which Countries does easyMarkets support?
easyMarkets operates across the globe. However, due to regulations there are some countries that easyMarkets can't accept clients resident in
Is easyMarkets legit?
easyMarkets is a legit company headquarted in Cyprus, Australia since 2001. They are regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC). easyMarkets is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is easyMarkets a good broker?
easyMarkets is a great agent, and its users may vouch for this. The highlight of the platform is its quick order execution on transactions.
You will find the clean design of the platform and the admirable features that a pleasure to work with.
Is easyMarkets a trustworthy broker?
Yes, easyMarkets is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 142,500+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for easyMarkets?
The minimum deposit to open a live account with easyMarkets is $100
How long do easyMarkets withdrawals take?
Normally, withdrawal of money from easyMarkets is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from easyMarkets to show in your bank account.
Are easyMarkets regulated?
easyMarkets are regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
Is easyMarkets a market leading broker?
easyMarkets is indisputably among the industry leaders. It has over 142,500+ registered customers and over 20 years of experience on its record. They are one of the world's top trading platforms and a dominant figure in the Fintech revolution.
It majorly owes this standing to its unbelievable platform and wide range of tools plus resources so you may put money into capital markets.
Is easyMarkets a con?
No, easyMarkets is not a con. They are regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) and must adhere to their rules. Thus, it is safe to say that easyMarkets is not a scam.
Can you make money with easyMarkets?
Using easyMarkets, many traders make a great deal of money. However, on average, through continual trading, you can create between 2% - 10% profit a month.
This may seem to be a small number, but within the entire year, this adds to a significant number of gains. Even though easyMarkets supply you all the tools to make money, they cannot guarantee that you will gain.
Does easyMarkets have fees?
Yes. To start trading with easyMarkets, you need to deposit $100. Certain commissions while trading additionally apply. Any processing fees from your bank might need to be incurred by you.
When was easyMarkets founded?
easyMarkets was founded in 2001 in Cyprus, Australia. easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
How many people use easyMarkets?
easyMarkets is a worldwide recognised agent with 142,500+ clients.
Where is the easyMarkets head office?
easyMarkets has its head office in Cyprus, Australia
Does easyMarkets offer negative balance protection?
Yes, easyMarkets has Negative Balance Protection. It's especially offered when the industry volatility prevents customers from allowing their accounts go in the red. In such a scenario, easyMarkets provides the ability to reset a customers account balance to zero.
You can go through the important stipulations on easyMarkets's site to understand their policies.
Does easyMarkets offer guaranteed stop loss?
Yes, easyMarkets offer a guaranteed Stop Loss order.
If there is no free margin left with the customer, easyMarkets will cease your own positions. When the losses in the ceased out location exceeds your account balance, you may experience a negative account balance.
Does easyMarkets allow scalping?Yes, easyMarkets do allow scalping. Many traders throughout the world select easyMarkets for their services that are trading. They offer trading on MT4, Web Trader, Tablet & Mobile apps which allow this.
Does easyMarkets allow hedging?
Yes, easyMarkets does allow hedging.
Can you trade energies with easyMarkets?
Yes, you can trade energy stocks with easyMarkets
Can you trade agricultural shares with easyMarkets?
Yes, you can trade agricultural stocks with easyMarkets
Can you trade cryptocurrency with easyMarkets?
Yes, you can trade cryptocurrency with easyMarkets
Can you trade metals with easyMarkets?
Yes, you can trade metals with easyMarkets
Can you trade UK Shares with easyMarkets?
Yes, you can trade UK shares with easyMarkets
Can you trade US Shares with easyMarkets?
Yes, you can trade US shares with easyMarkets
Can you trade Japanese Shares with easyMarkets?
Yes, you can trade Japanese shares with easyMarkets
Can you trade German Shares with easyMarkets?
Yes, you can trade German shares with easyMarkets
Does easyMarkets accept bank transfers?
Yes, easyMarkets accepts bank transfers for depositing money.
Does easyMarkets accept credit cards?
Yes, easyMarkets accepts credit cards for depositing money.
Does easyMarkets accept PayPal?
No, easyMarkets does not accept PayPal.
Does easyMarkets accept Skrill?
Yes, easyMarkets accepts Skrill for depositing money.
Does easyMarkets accept Payoneer?
No, easyMarkets does not accept Payoneer.
Does easyMarkets accept Neteller?
Yes, easyMarkets accepts Neteller for depositing money.
Does easyMarkets offer Live Chat customer support?
Yes, easyMarkets offers customer support through live chat.
Does easyMarkets offer phone customer support?
Yes, easyMarkets offers customer support over the telephone.
Does easyMarkets offer email customer support?
Yes, easyMarkets offers customer support through email.
What languages can easyMarkets communicate in?
easyMarkets has the ability to communicate and support customers who speak: English, German, Arabic, Chinese, Spanish and Polish
Does easyMarkets have a wikipedia page?
No, easyMarkets does not have an official wikipedia page.
Does easyMarkets offer demo accounts?
Yes, easyMarkets offers demo accounts so you can learn their systems before risking any real money.