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EasyMarkets Review

  • Regulated by: CySEC and ASiC
  • Safety: segregates client funds
  • Trust Rating: A
Open EasyMarkets's Website

Losses can exceed deposits. Your capital is at risk.

EasyMarkets two ways: Forex, CFDs.

To open a live account, you’ll need a minimum deposit of at least $1. Alternatively, EasyMarkets offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by CySEC (Licence: 079/07 ). EasyMarkets puts all client funds in a segregated bank account and uses tier-1 banks for this. EasyMarkets have been established since 2003, and have a head office in Cyprus, Australia.

Before we dive into some of the more detailed aspects of EasyMarkets’s spreads, fees, platforms and trading features, you may want to open EasyMarkets‘s website in a new tab by clicking the button below in order to see the latest information directly from EasyMarkets.

Open a demo account Visit EasyMarkets

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

EasyMarkets screenshot

PROS

  • Segeregates client funds
  • Established in 2003
  • Regulated by CySEC and ASiC
  • Min. deposit from $1

CONS

What are EasyMarkets's spreads & fees?

Like most brokers, EasyMarkets take a fee from the spread, which is the difference between the buy and sell price of an instrument.

The spreads displayed below are based on the minimum fixed spreads listed on EasyMarkets’s website. The colour bars show how competitive EasyMarkets’s spreads are in comparison to other popular brokers featured on BrokerNotes.

EasyMarkets variable spread is not available. If you believe this is incorrect please fill in our form

As you can see, EasyMarkets's minimum spread for trading EUR/USD is 1.8 pips - which is relatively high compared to average EUR/USD spread of 0.82 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with EasyMarkets vs. similar brokers.

See all Spreads

How much does EasyMarkets charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with EasyMarkets at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $22.34. Here’s a rough breakdown of the fees and how this compares against Plus500 & AvaTrade.

EasyMarkets Plus500 AvaTrade
Spread from: $18.00 $6.00 $7.00
Typical overnight fee: $4.34 $9.40 $5.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $22.34 $15.4 $12
$6.94 less $10.34 less
Visit EasyMarkets Visit Plus500 Visit AvaTrade

All fees/prices are for informational purposes and are subject to change. Last updated: March 21, 2018.

General Fees

  • EasyMarkets doesn’t charge inactivity fees*
  • EasyMarkets doesn’t charge withdrawal fees*

Overnight fees & swap rates

When you hold a position overnight, it is usually subject to overnight interest which you must pay to your brokerage (sometimes called a rollover fee or swap rate).

  • The rollover fee for long positions on EUR/USD is -$4.34
  • The rollover fee for short positions on EUR/USD is -$1.82

Commissions

  • EasyMarkets doesn’t charge commission on CFD shares

What can you trade with EasyMarkets?

FX / Currencies EasyMarkets Plus500 AvaTrade
# of forex pairs offered 135 61 59
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies Yes Yes Yes
Commodity CFDs EasyMarkets Plus500 AvaTrade
# of commodities offered 0 17 16
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs EasyMarkets Plus500 AvaTrade
# of Stocks offered 0 1816 99
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See EasyMarkets's Instruments See Plus500's Instruments See AvaTrade's Instruments

What’s the EasyMarkets trading experience like?

1) Platforms and apps

EasyMarkets offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers. EasyMarkets also offer their custom easyMarkets platform.

EasyMarkets Screenshot See EasyMarkets's Platforms

EasyMarkets also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See EasyMarkets's platforms

Trading Features:

  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection

Accounts offered:

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

With EasyMarkets, the minimum and maximum trade requirements vary depending on the trader and the instrument.

As a market maker EasyMarkets may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As a nice bonus, EasyMarkets are one of very few brokers that claim to have no requotes, so you don’t have to worry about slippage (your trades being ordered at a different price to what you executed them at).

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, EasyMarkets offer margin up to 0.0025 on currencies.

EasyMarkets also offers a number of useful risk management features, such as stop losses (), limit ordersnegative balance protectionprice alerts and much more. You can see all of the account features offered by EasyMarketsand much more. You can see all of the account features offered by EasyMarketshere.

Finally, we’ve listed some of the popular funding methods that EasyMarkets offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • Payoneer
  • Neteller

3) Client support

EasyMarkets support a wide range of languages including English, German, Arabic, Greek, Russian, Chinese, Spanish, French, Polish, and Hebrew

EasyMarkets have a BrokerNotes triple AAA support rating because they offer a wide range of languages, live chat, phone and email support.

4) What you’ll need to open an account with EasyMarkets

As EasyMarkets is regulated by CySEC and ASiC, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore EasyMarkets’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with EasyMarkets you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from http://www.easy-forex.com/ on March 21, 2018.