EasyMarkets offer two ways to trade: 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.
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
What are EasyMarkets's spreads & fees?
The spreads displayed below are based on the minimum 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.
EUR/USD1.8 PIPS $0 per lot
The average spread for EUR/USD across all brokers on BrokerNotes is 0.82 pips. See popular brokers for trading EUR/USD
USD/JPY2.6 PIPS $0 per lot
The average spread for USD/JPY across all brokers on BrokerNotes is 0.91 pips. See popular brokers for trading USD/JPY
GBP/USD3 PIPS $0 per lot
The average spread for GBP/USD across all brokers on BrokerNotes is 1.18 pips. See popular brokers for trading GBP/USD
The average spread for Bitcoin across all brokers on BrokerNotes is 41.15 pips. See popular brokers for trading Bitcoin
The average spread for gold across all brokers on BrokerNotes is 8.62 pips. See popular brokers for trading gold
The average spread for DAX30 across all brokers on BrokerNotes is 14.95 pips. See popular brokers for trading DAX30
Example: How much would it cost to trade 1 lot of EUR/USD?
If you were to buy one standard lot of EUR/USD (100k units) at an exchange rate of 1.1719 and then sell it the next day at the same price you could expect these fees:
|Typical overnight fee:||$4.34||$5.00||$9.40|
|Total cost of a 100k trade:||$22.34||$12||$15.4|
|+$10.34 saving||+$6.94 saving|
|Visit EasyMarkets||Visit AvaTrade||Visit Plus500|
All fees/prices are for informational purposes and are subject to change. Last updated: 17/11/2017.
What instruments can you trade with EasyMarkets?
|FX / Currencies||EasyMarkets||AvaTrade||Plus500|
|# of forex pairs offered||135||59||61|
|Major forex pairs||Yes||Yes||Yes|
|Minor forex pairs||Yes||Yes||Yes|
|Exotic forex pairs||Yes||Yes||Yes|
|# of commodities offered||0||16||17|
|Indiced & Stock CFDs||EasyMarkets||AvaTrade||Plus500|
|# of Stocks offered||0||99||1816|
|See EasyMarkets's Instruments||See AvaTrade's Instruments||See Plus500's Instruments|
What's the EasyMarkets trading experience like?
1) Platforms and apps
EasyMarkets also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you‘re on the move.See EasyMarkets's platforms
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 a ECN broker who benefit 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 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.
Finally, we‘ve listed some of the popular funding methods that EasyMarkets offers its traders on the right.
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.
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 6, 2018.