Our trust rating takes into account a range of factors that influence a brokers reliability and reputation, These factors include how the broker is regulated, whether they use segregated bank accounts, their years in business, banking tiers, customer support offered, and much more.
Easy Markets Inc., (previously known as Easy Forex), is a trading company catering to non-United States customers established in 2001 with a branch in London and headquarters in Limassol, Cyprus.
They provide their users with access to global markets, forex, vanilla and CFD options, as well as as trade in precious metals and commodities.
This is packaged in an easy to use Meta Trader 4 (MT4), web based platforms that can be accessed on mobile.
They are regulated by Australian Securities and Investments Commission (ASIC) in Australia, Markets in Financial Instruments Directive (MiFid) in Europe, and the Cyprus Securities Exchange Commission (CySec)
They have a minimum deposit amount of $100 dollars, which can be deposited through either Credit Cards, bank transfers and a variety of e-wallets such as Neteller and Webmoney, as well as offering a EURUSD spread as low as 1.8 pips for VIP accounts and 3 pips for regular accounts and maximum leverage of 400:1.
They also provide negative balance protection, along with supporting scalping and hedging with no rolling fees for Islamic accounts, indices, CFDs and options.
Traders in currencies, however, pay rolling fees which are dependent on how long the trade is held.
Forex, Metals, Commodities, Indices, Options
easyMarkets platform, MT4 Platform
iOS, Android, Windows
easyMarkets offer a comprehensive list of risk management including trailing stops, limit orders, guaranteed stop losses, negative balance protection and a custom dealCancellation system to undo losing trades up to 60 minutes.
easyMarkets offer traders a friendly trading environment with no commissions or sneaky fees, no slippage, free trading signals, sms alerts, a wide range of instruments and markets and a choice of platforms including the popular MT4 platform. Clients who opt to use the MT4 platform can take advantage of an Expert Advisor to place automated trades and keep track of all their trades with the mobile apps.
easyMarkets offer a comprehensive education centre and a wide selection of "How to" videos to suit traders of all levels and do not charge extra fees for making deposits or withdrawals and depending on the method used, instant processing of transactions.
easyMarkets also offer a swap free account for Islamic traders looking for a Halal trading account.
One of the main drawbacks of easyMarkets is for traders looking for a floating spread or ECN account, currently, easyMarkets only offer fixed spreads to their clients. easyMarkets do not have the widest range of instruments and for those who want to trade stocks like Barclays shares or cryptocurrencies like Bitcoin will have to look elsewhere at this current time.