EasyMarkets is a trusted, globally regulated broker offering fixed spreads, intuitive platforms, and innovative risk management tools. Traders can access forex, commodities, indices, cryptocurrencies, and shares via its proprietary web platform, MetaTrader 4, MetaTrader 5, and TradingView. Standout features like dealCancellation, Freeze Rate, and negative balance protection provide enhanced control over trades.
What are Tier 1 banks and why should easyMarkets use them?
With a trusted global presence, local offices, and responsive email and chat, traders can count on real help when they need it most. Whether you have a trading question, need technical help, or wish to grow with easyMarkets as a partner, you can reach out to their dedicated teams directly. Local offices, fast email support, or live chat keep you connected wherever you are.
The easyMarkets App puts the global markets at your fingertips with its intuitive design giving you access to all trading and information from the same user-friendly interface. You can access live real time prices and market news directly from within the app. Features include integrated tools for conducting analysis, dealCancellation, Freeze Rate and Free Guaranteed Stop Loss and Take Profit. Available on iOS or Android devices, it gives you all of the same features as the easyMarkets web platform with access to markets everywhere in the world that you have an internet connection.
Platforms
All accounts support a minimum trade size of 0.01 lots, charge no commissions or account fees, and include phone support plus market research. When you transfer money in your trading account from the bank account, a deposit fee can be charged by the broker. Most brokers don’t charge too much money for this particular operation. Even if no charges are implied by easyMarkets, it’s better for you to close the account if you are inactive. Inactivity fees aren’t only charged by broker firms but also many financial services. Consequently, you’re billed more for non-trading actions on your trading account, such as deposits and withdrawal.
From my experience with easyMarkets, the research tools are excellent. It’s incredibly user-friendly, with a clean interface and essential tools like technical indicators (powered by TradingView), market news, charts, and financial calendars. Setting it up was quick – just an email and password – and the $10,000 in virtual funds let me experiment freely without financial risk.
With the dealCancellation tool, you can day trade on the app while undoing losing trades within 1,3 or 6 hours for a minimal cost. You can also use Free Guaranteed Stop Loss to ensure that you never exceed your maximum risk appetite. The app is more flexible and under your control with its pending order feature. All you have to do is choose a rate and a date for your trade to begin.
Can I trade on the MT4 and MT5 platforms with easyMarkets?
- Additionally, it offers support via social media platforms like Facebook Messenger, Viber, and WhatsApp, giving more ways to reach staff than many other brokers.
- No slippage on limit orders means that you can rest assured the execution of your stop-loss or take-profit will happen at the price you intended.
- EasyMarkets provides a variety of account types to suit the needs of any trader.
- Such measures guarantee the security of clients’ investments and significantly reduce the risk of losses beyond their initial investment.
- For day trading on Forex and CFDs, easyMarkets presents a competitive advantage with over 60 Forex pairs and 275 CFD assets, including shares, cryptocurrencies, and more.
While generally well-regarded, potential drawbacks include higher spreads on easymarkets broker the MT4/5 platforms, limited cryptocurrency options compared to some competitors, and no 24/7 customer support. Nonetheless, easyMarkets offers a solid, well-regulated trading environment catering to both beginners and more experienced traders. It also offers fixed spreads which are relatively unique in the online broker market. Looking at the table below, their spreads are a tad higher than the industry average for most currency pairs.
We do not recommend or advise that investors buy or sell through any financial instrument like commodities, securities or stocks. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to our users. Our proprietary rating algorithm takes all of the datapoints to generate the rating.
Deposits & Withdrawals
EasyMarkets stands out for offering fixed spreads during market hours, a feature that less than 10% of brokers we’ve evaluated provide. The broker provides up-to-date information on the trading hours of major financial markets. This allows traders to track periods of increased activity and liquidity for different instruments. While MT4 is the more widely used version, MT5 offers additional features such as depth of market (DOM), built-in economic calendar, and expanded timeframes. Both platforms are available for desktop, web, and mobile, providing flexibility for traders.
Trading Platforms Comparison Table
- The versatile and customisable easyMarkets app offers you various ways to trade the markets.
- At easyMarkets, there is no inactivity fee for the accounts that remain dormant/inactive for any period of time which is great but quite common for brokers nowadays.
- Our full easyMarkets review for beginners covers everything you need to learn about trading via easyMarkets.
- A fantastic broker can take your first investments and help to protect it from losses but also give you a platform that can help to give you favourable profits.
The broker’s competitive spreads and solid platforms are also great for active trading. EasyMarkets excels with its 24/5 customer service through email and live chat. You can access daily market news, real-time currency rates, and a helpful financial calendar, which keeps me informed. These fees are standard in the industry, but it’s something to remember, especially as some brokers like Interactive Brokers have no inactivity fees. The demo account at easyMarkets is a fantastic way to get familiar with the platform. No, spread betting is not available with easyMarkets, as this product is mainly offered by UK brokers regulated by the FCA.
There’s no minimum time over which a transaction has to be kept available. The agents offer premium client service which rewards customers with benefits. EasyMarkets has over 200 trading tools to support all kinds of traders. These instruments are lively and suitable for both the new and seasoned traders.
Below we take the main parts of any good online brokerage and compare easyMarkets with Startrader, and freetrade. These advantages are what sets easyMarkets apart from all other online brokers. You need to check all of the benefits listed so that you have a better comprehension of easyMarkets. Over the past 22 years, easyMarkets has grown into one of the best online brokers available to the public. EasyMarkets is a trading partner which has found its way successfully into the brokerage world.
Skrill (formerly Moneybookers) is a digital wallet company that was founded in 2001 which offers a variety of online payment and money transfer services. Any processing fees from your bank will have to be incurred by you. 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).
EasyMarkets is an online brokerage platform, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an internet broker is not necessarily affected by the number of customers they have. The agent also gives a number of platforms for all kinds of traders. EasyMarkets ensures that the individual needs of all online traders are met to the best of their ability. Our full easyMarkets review for beginners covers everything you need to learn about trading via easyMarkets.
The broker facilitates its clients to make deposits free of cost and the same rest for withdrawal. Different payment and withdrawal methods can take varying times to complete. Credit/Debit cards are on top of being the instant deposit and withdrawal options. Since easyMarkets operates in three types of accounts, the minimum deposit requirements vary with the account type. You need to maintain 25USD in account for a standard account while Premium and VIP are 2USD and 10USD, respectively. They do not currently support crypto funding but RoboForex do if that is something that you are looking for in a broker.
How to Open an easyMarkets Account
EasyMarkets offers excellent 24/5 customer service through email and live chat. EasyMarkets does not charge direct commissions; costs are integrated into spreads, but overnight holding fees apply. This is rare – fixed spreads are available at less than 10% of firms we’ve evaluated. This simplifies cost calculations and offers a degree of certainty in the unpredictable world of short-term trading. Any processing fees from your bank might have to be incurred by you.