easyMarkets Review: What Are the Award-Winning Brokers Weaknesses?


Great for traders that use technical analysis to find enter and exit levels. One of easyMarkets most innovative trading tickets that gives you the ability to limit your risk without limiting your potential reward. Trade in three simple steps without margin requirementsor spreads. Yes, the broker offers Sharia-compliant Islamic accounts without rolling fees for overnight holdings. Additionally, they offer extra protection measures, which include negative balance protection, assuring that customers cannot suffer losses exceeding their deposited funds. For your reference, information on spreads, overnight fees, and other expenses can be found on the easyMarkets website’s trading conditions page.

How can I view the detailed fee structure?

EasyMarkets supports a range of funding methods including bank wires, Neteller, credit cards, and Skrill. Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website. One of its standout features is the deal cancellation function, which is not very common in the industry, as it allows you to make changes to any trade you made in the past hour. While there is a small fee attached to this feature, it certainly can be used to reverse potentially costly mistakes. You can also add funds via bank transfer, which is an option available to people in over 160 countries.


Mobile Trading Tools


We have tried to make the process of trading as simple as possible. Overall, traders with idle accounts are not penalized as the broker does not charge any inactivity fees. Additionally, this is advantageous for traders needing to take a break from trading without worrying about additional costs. Overall, the broker caters to diverse clients through its spread system that provides predetermined trading costs.

easyMarkets Web/App Premium Account

Our easyMarkets review found that customer service and training were the two key strengths of the forex broker. When it comes to customer support, three of the four accounts offer a personal account manager. It is advised that a premium account be considered if you want regular customer service to assist with your day-to-day forex trading. As leverage exposes all traders to high risk when forex trading, a ‘guaranteed stop’ at least provides peace of mind in that you will know the maximum you can lose on a trade. Easy Forex (now easyMarkets broker) is of the few forex brokers offering this feature.

Trade on your mobile device everywhere

The easymarkets broker minimum withdrawal account is $50USD to bank accounts. Other withdrawal methods to eWallets or credit/debit cards have no minimum withdrawal amounts. There are no easyMarkets fees on any deposits and withdrawals, although some vendors may charge their own fees, which are worth investigating.

trading experience with

Your trade will be opened automatically when the rate you set is reached. Use it with FreezeRate, free guaranteed stop loss and take profit. We introduced online trading in 2001 and we were the first to offer tools like dealCancellation, Freeze Rate and Inside Viewer. Buy and sell any financial instrument as a day (spot) trade with transparent pricing and no hidden fees. MT4 offers a huge list of analytical tools, charts, indicators and graphic overlays – to help you learn about reading the market.

  1. Client Relationship Manager was very efficient to communicate and made sure i received my funds.
  2. Your bank will likely charge you a fee for making a wire transfer.
  3. While there is a small fee attached to this feature, it certainly can be used to reverse potentially costly mistakes.

Traders can search for a particular instrument via a search box, or navigate by category through the different asset classes. Nonetheless, this does not mean that traders lack sufficient tools to analyze, gather insight, and assist efficient trade executions while on-the-go. The execution screen has a simple design where traders can set amounts, risk limits and dealCancelation rates with the slide of a finger. EasyMarkets offers its customers more than 200 products to trade.

The standard account has the lowest minimum deposit required of £100, which is quite fair. The premium account is the second tier and requires a minimum deposit of £1,000, but does not allow you to make trades over the phone. Another positive aspect found when completing the easyMarkets review was that there are no charges or any fees on withdrawal requests. EasyMarkets also accommodates many payment options including most major credit cards, EFT and Skrill. Guaranteed stops provide a ‘safety net’ in extreme situations when currency movements can be dramatic. While all brokers offer ‘stop-loss’ orders, most are not guaranteed.

Once it expires, the resulting payout, if any, will then be credited to your account. You can take advantage of this leverage without having to worry about stop losses. 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. Back in 2001 when https://forexbroker-listing.com/ was founded, the only way to trade was through a physical trading room as a wealthy individual or an institutional client.

This means the liquidity pool determines the spread without intervention from the dealing desk. The minimum deposit at easyMarkets for European and VIP traders is €/$/£100. Traders outside Europe with a standard account are required to deposit a minimum of €/$/£200. There are over 15 different payment methods to choose from when making a deposit, including credit/debit cards, eWallets, and wire transfers. EasyMarkets does not charge commissions per trade — instead, they are compensated via spreads. Spreads vary based on the product, as well as the trading platform used by the trader, namely the web trader/app and MetaTrader 4.

This information is compiled manually and if you happen to come across any type of inaccuracy or misinterpretation of information, please let us know; this is likely due to human error. From time to time brokers update information such as fees and bonuses. Our forex trading team aims to update these frequently, so we are always relevant to users. However, it is for this reason that the information included in our comparison tables be considered for indicative purposes only.


While comparing easyMarkets reviews from several trading-related websites, we found that people generally regard their easyMarkets experience as positive. The easyMarkets review analysis found that most forex trading Australia individuals praised the adoption of fixed spreads as they are competitive and affordable. People also like the MT4 trading platform and its ease of use for new traders. Trading accounts can be set up for as little as $200, which comparatively is extremely affordable. Customers also are quite fond of the multitude of payment options and fast payouts, citing very few issues or difficulties. Friendly to new clients with a lot of features for experienced traders.

EasyMarkets offers CFD trading in a variety of asset classes including forex, metals, agricultural goods, energy, indices, and cryptocurrencies. 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. SimpleWe have tried to make the process of trading as simple as possible. One of the first to offer online trading, our platform was developed to be as user-friendly as possible and ensure it is still powerful and versatile enough for experienced traders.

In addition, easyMarkets supports traders through comprehensive educational resources and dedicated customer support channels. Traders can try to access webinars, tutorials, market analysis, and expert assistance, empowering them to enhance their trading skills and make informed decisions. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The lowest minimum amount relates to the standard account, which is $200AUD. The largest minimum amount relates to the super VIP, which is $50,000.

EasyMarkets offers more than 200 CFD products across six different asset classes, namely, cryptocurrencies, commodities, metals, indices, currency pairs, and shares. CFDs can be traded by day trading, pending orders, forwards trading, or options. EasyMarkets users can trade CFDs on both desktop and responsive devices. EasyMarkets operates under stringent regulatory frameworks, providing traders with a secure and transparent trading environment. The platform is regulated by reputable financial authorities, ensuring compliance with industry standards and safeguarding client funds.