EasyMarkets 2022 Review – Read Before Trading With It

Before trading with a broker, it is critical to read the broker review. Below is a detailed evaluation of easyMarkets.

Is it secure？

EasyMarkets is rated as a medium-risk broker with a respectable trust score (82/99). The broker is not publicly listed and does not operate a bank. EasyMarkets has been approved by one top-tier authority (ASIC), one tier-2 authority, and one tier-3 authority.

Options for Investing

CFDs enable consumers to trade cryptocurrency, but they cannot trade the underlying asset directly (purchasing BTC). Remember that bitcoin CFDs are not available to retail traders or UK residents via any broker's UK operation.

The following table summarizes the numerous investing alternatives available to easyMarkets clients.

• Forex Trading

• CFD Trading

• Total of 199 Tradeable Symbols

• 62 Total number of Forex Pairs

• Social (Copy) Trading

• Cryptocurrency (CFD)

EasyMarkets Pricing Analysis

Trading costs (spreads and commissions) vary by account type, and spreads are fixed (unchangeable) across the web platform, MT4 (MetaTrader4), and a VIP account.

The broker's VIP account, which requires a $2,500 investment ($100 for residents of the European Union and the United Kingdom), as well as its online platform, which requires a $250 deposit, offers the most appealing rates. The accounts feature predefined spreads of 0.9 pips for the EUR/USD currency pair on its platform and when using the MetaTrader 4 account.

Platforms and Functions

The broker offers two platforms: its own HTML5 web-based platform and MT4 (MetaTrader 4).

The trading interface of the broker seems to be simple, with simply a watch list (favorites list), updates, charts, a solid indicator, and a few other features. The platform's clear and basic design does an excellent job of keeping customers focused on trading, but it will not satisfy very experienced traders.

On the broker's platform, there are two separate trading features: deal cancellation and freeze rate. The dealCancellation function enables customers to reverse their deals and recuperate their losses for a fair fee for a certain period of time (a maximum of 6 hours). Furthermore, the Freeze Rate option allows users to “freeze” a quotation for 3 seconds.

These tools seem enticing, but the broker recommends them for a reason, hinting that they must be advantageous to the firm as a whole. Furthermore, the broker's platform offers GSLO (guaranteed stop-loss orders) free of charge, although other brokers charge a little fee.

• Trading on the Internet (Demo)

• Platform Exclusive

• Desktop Operating System (Windows)

• Platform for the Web

• The social (Copy) MT4 Trading (MetaTrader 4)

• 51 Total Charting - Indicators / Studies

• 31 Total Charting - Drawing Tools

• Charting - How to Trade From a Chart

• Total Fields – 7 Watchlists

• Market Order Type

EasyMarkets Evaluation – Research

Among other research tools, the broker's trading platforms feature a mood indicator, an economic news calendar, live news updates from FxWirePro, and trading indicators from Trading Central for live accounts.

Despite a broad variety of skills, the broker's research offer is just marginally better than the industry's bare minimum.

• Central Trading (Recognia)

• Forex Market Commentary

• Daily Basis (Top-Tier Sources)

• Currency Pairs - Social Sentiment

• Economic Calendar

• Trading From Mobile

The firm offers both its own mobile app and the MT4 (MetaTrader 4) mobile app. The app offers a straightforward interface that is similar to the web-based version, including the option to synchronize watch lists.

Trading View provides the app's charts, which include the same 81 indicators as the platform's online version. Finally, it is simple and tidy, but it lacks the variety of features and capabilities found in the best mobile trading apps.

• Alerts - Basic Fields

• Android App Apple iOS App

• Syncing Watch

• List Watch List 30 Charting - Indicators / Research

• Charting – Create Trendlines Charting –

• Moveable Trendlines Charting

• Multiple Time Frames

• The Forex Calendar

EasyMarkets Evaluation – The Final Word

The broker offers a basic multi-asset trading platform with 256 trading symbols, including OTC (over-the-counter) Forex options and futures on 28 pairings. In addition to traded assets, easyMarkets offers its own trading platform in addition to MetaTrader 4, which sets it apart from other MetaTrader 4-only brokerages.

Because there are no pricing differences between easyMarkets' online platform and MT4, the latter is available at the broker. Its primary online platform and VIP accounts, on the other hand, struggle to compete with the best FX brokers. Compare EasyMarkets to any other broker by choosing the other broker from the list below

WikiFX Online Brokerage Comparison