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easyMarkets Review 2024: Read Before You Trade

easymarkets

I have this confidence that whenever I need help, I can always contact Mr David to help out which boosted my confidence in this company. Trading has been great, with no hitches, easy login, and out, and easy trade. EasyMarkets offers its own web platform with TradingView charts, also available as a mobile app, along with MetaTrader 4 and MetaTrader 5. This software supports advanced charting capabilities, comprehensive market research materials, and easy order execution. EasyMarkets App retains the functionality of its desktop counterpart.

easymarkets

Chart artists use many analytical tools and chart configuration possibilities to examine it from multiple angles. In my experience, the really important aspect of a chart is how easy it is to scale price action up and down. The platform also offers unique trading modes, such as easyTrade. This mode operates similarly to a binary option, allowing traders to limit potential losses, set the trade duration in advance, and speculate on market direction. The platform integrates actionable trading signals from Trading Central, allowing easyMarkets clients to assess emerging opportunities and place orders accordingly.

Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.

easyMarkets Review – Demo Account

  1. EasyMarkets can improve its service by adding VPS hosting.
  2. Much like the desktop platform, the easyMarkets mobile application has plenty of useful trading features and tools to offer on both iOS and Android.
  3. In fact, you can only trade a little over 250 instruments there.
  4. He is professional to the core judging by how he handled his work and customers.
  5. They only use the US dollar and the Euro as their base currencies.

The MT5 Account is, as the name suggests, only available on MT5. This is the only account with variable spreads, which means that spreads fluctuate with market volume and volatility. As published on the website, spreads start at 0.3 pips (EUR/USD), which is very tight, and there are no commissions for Forex trading.

Supported Platforms

Much like the desktop platform, the easyMarkets mobile application has plenty of useful trading features and tools to offer on both iOS and Android. EasyMarkets offers CFD trading in a variety of asset classes including forex, metals, agricultural goods, energy, indices, and cryptocurrencies. Changes in interest rates by central banks around the world have impacted market sentiment and led to increased trading in various currency pairs. As a result, the foreign exchange sector experienced the largest surge in customer trading activity during the quarter. It’s been a standard feature of all accounts since 2001.

  1. So we can easier to keep track of my trade and decide what need to do after that.It would be a lot of help if they add those functions into the app.
  2. EasyMarkets also deploys comprehensive encryption throughout its site to protect the data of users.
  3. User-Friendly Interface for users of all experience levels.
  4. If you’re looking for a sleek, professional, and wide-ranging trading platform, then easyMarkets should be at the top of your list.
  5. EasyMarkets offers commission-free trading with fixed spreads starting from 0.8 pips on its standard account using the broker’s proprietary platform.

easyMarkets Shares Spreads

EasyMarkets hasn’t yet published spreads for all their listed cryptocurrencies. Note that cryptocurrency spreads may be adjusted more frequently than other assets due to high volatility. EasyMarkets offers its customers more than 200 products to trade. EasyMarkets continues to empower traders with innovative tools and exceptional support, ensuring they are equipped to seize market opportunities in the dynamic global economy.

The primary MT4 platform, as provided by this broker, lacks core features and represents a sub-standard trading portal. EasyMarkets is a market maker and derives the majority of its income directly from clients’ losses. It also charges substantial spreads across assets; for example, the EUR/USD is listed with a 0.9 pips spread, but many other pairs carry a significantly higher mark-up. Of course, the spreads increase this broker’s cash-flow significantly.

You must provide your name, email, country of origin, and phone number. Then, you answer a few questions about your background and financial knowledge. Aside from MiFID, CySec, AFS, ASIC licensing, easyMarkets is also regulated by the BIV. The company also has a marketing office in Shanghai, China. EasyMarkets has headquarters in Limassol, Cyprus, and a branch in Warsaw, Poland.

Best RegulatedBroker

Our in-depth reviews consider over 200 metrics across seven key categories. The radar chart to the left shows how important each category is when calculating a broker’s final score. EasyMarkets’ customer support is excellent compared to other international brokers. The range and depth of assets available to trade are limited compared to other similar brokers, but easyMarkets excels in its Forex offering. All UK residents are eligible to open an account at easyMarkets as long as they meet the minimum deposit requirements. This shows what other traders on the platform are trading.

The Inside View feature shows you market sentiment so you can tell what other traders are doing. It tells you what they’re buying and selling in terms of percentages. The market news section is a financial news feed, which can be found inside the MT4 trading platform. https://traderoom.info/easymarkets-introduction/ Trading charts offers very little of substance, and live currency rates can be obtained from the trading platform. A financial calendar is available which can be filtered to provide relevant upcoming financial data; potentially market moving events are shown in red under the volatility column.

EasyMarkets fails to provide this information on their website, but as a CySEC regulated broker, a margin call is likely to be issued at a 50% equity-margin ratio. The financial calendar shows potential market moving events with a red indicator under volatility; the data can be filtered for relevancy for each trader. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Another standout feature of easyMarkets’ platform is the no-slippage trading through the Freeze Rate feature, along with guaranteed stop-loss orders. Both features enable traders to execute precise entries and exits from positions. I have compiled the table below to help you better understand the difference between the trading fees with easyMarkets’ three retail account types and the industry average.

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