easyMarkets

General information and regulations of easyMarkets

easyMarkets is an online forex broker registered in Cyprus, well regulated by ASIC and CYSEC and has a history more than a decade.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

Market instruments

Currency pairs, indices, commodities, metals, energy, cryptocurrencies, options.....easyMarkets allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on easyMarkets.

Spreads and commissions for trading with easyMarkets

easyMarkets does not detail on its website additional trading costs such as spreads, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with easyMarkets, we recommend that you take the time to calculate these transaction costs. However, we can see that all accounts in easyMarkets have no commissions.

Account Types for easyMarkets

Demo Account: easyMarkets provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: easyMarkets offers three account options for traders, namely the Standard, the Premium and the VIP accounts. The Standard account requires a minimum deposit of 200 AUD, and it should be noted that the initial deposit requirement for the premium and the VIP account are higher, 3000 AUD and 10,000 AUD respectively.

Trading platforms offered by easyMarkets

easyMarkets offers traders the flexibility to choose from the easyMarkets web platform, mobile app, and easyMarkets MT4 trading software. The easyMarkets platform is user-friendly, and feature-rich, also suitable for experienced traders. Traders can access easyMarkets' free guaranteed stop loss, no slippage, fixed spreads, and access fees. The easyMarkets trading application offers various trading options based on the trader's objectives and strategies, providing access to market dynamics and real-time prices without leaving the application. The easyMarkets MT4 includes over 80 markets in currencies, metals, commodities, indices, and cryptocurrencies with the ability to trade CFDs with one click, create custom trading templates, or select pre-involved templates. MT4 is available for iPhone, iPad, Android phones, tablets, and PCs.

Leverage offered by easyMarkets

You can't find information about trading leverage on easyMarkets's website. Some forex brokers offer leverage of up to 1:500, but newbies are advised to be cautious about such high leverage.

Deposit and withdrawal methods and fees

easyMarkets is ambiguous about how deposits and withdrawals work. Wire transfers, MasterCard, VISA, Maestro and some e-wallet processors such as Skrill, Neteller, PayPal and others are some of the most frequent and popular payment methods handled by most Forex brokers. The speed of withdrawing funds from a forex broker is also one of the most important factors in building a broker's reputation.

Educational resources

A series of educational resources is available at easyMarkets, such as webinars, technical analysis, fundamental analysis, knowledge, articles, strategies, and so on.

Customer support of easyMarkets

Below are the details about the customer service.

Language(s): English

Service hours: 24/5

Telephone: 1300 303 908

Sydney: +61 2 9299 5800

Sydney Dealing Room Direct Tel: +61 2 9299 9466

fax to: Sydney: +61 2 9299 6800

Email: pacific@easymarkets.com

Address: Sydney: Suite 703, 65 York Street, Sydney NSW 2000.

Social media: Facebook, Weibo, google+, LinkedIn, YouTube, twitter

Users exposures on WikiFX

On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Advantages and disadvantages of easyMarkets

Advantages:

Well regulated

MT4

Educational resources

Many instruments available

Demo account

Disadvantages:

Complaints

Few information available

No MT5

No copy trading

Frequent asked questions about easyMarkets

Is this broker well regulated？

Yes, it is currently effectively regulated by ASIC and CYSEC.