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easyMarkets Review 2024 Forex broker with fixed spreads

easymarkets broker review

One major thing that has recently changed is the way of earning for most people. Instead of physical working and services, most people have now switched towards online working. Naturally, this is a key area where any major broker is expected to perform to the highest of standards. In the case of easyMarkets, trustworthiness is almost unquestionable. They are overseen by some of the most respected regulatory bodies in the form of CySEC and ASIC. As well as having an impeccable compliance record, they have also been involved in the sector for almost two decades.

easyMarkets trading platforms and tools

easymarkets broker review

All features are linked together and accessible from a single screen. The upper menu of the screen contains the available balance, the amount at risk, profit/loss statistics, and the CFD margin level. A “Deposit Funds” button is located on the right of these statistics. Customers should consult the Deposits & Withdrawals section of the easyMarkets website for details about withdrawal times.

Account funding at easyMarkets

Your kind words mean a lot to us and we’re glad you are pleased with the level of service you have received. Thank you Fitahiana Hasandratra, your kind words are really appreciated. We are pleased to hear we have served you well and hope to do so long into the future. Yes,easyMarkets is owned by Easy Forex Trading LTD and is authorized and regulated by CySEC, ASIC, BVI, and FSA. As According to Google Trends, here is an overview of how frequently the search term – “easyMarkets” is entered into Google’s search engine over a given period of time. Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market.

easymarkets broker review

Client Support

It has a lot of features for experienced traders yet is friendly to use for new clients. Also, traders receive easyMarkets free guaranteed stop loss, no slippage, fixed spreads, and no funding or withdrawal fees. You have a choice of four trading platforms with the easyMarkets web trading interface offering a simple way to trade the markets accompanied by some nice-to-have features. You get no slippage, guaranteed stop-loss orders, and fixed spreads when you trade online. There is also the option of quickly cancelling a trade in case you made a mistake.

Professional Charting and Analysis is possible

This unique feature empowers traders by adding an extra layer of control over their positions and risk exposure. In 2001, easyMarkets was launched by Ammar Al-Hussein in Limassol, Cyprus. Initially called Easy Forex Trading, the company aimed to simplify forex trading for retail investors through contracts for difference (CFDs) with fixed spreads and no undisclosed fees. EasyMarkets is an online market maker that provides a trading platform for derivatives like contracts-for-difference.

The Australian Securities and Investments Commission (ASIC) regulates FP Markets in Australia, while the Cyprus Securities and Exchange Commission regulates its operations in Europe. The broker is a genuinely global organisation https://traderoom.info/ since it is a registered business in Limassol, Cyprus. The broker does not disclose its financial statements, and it is not listed on any stock exchange, which may be a matter of concern to some investors.

  1. In this way, the trade you place is placed at the backend rate and not at the rate you see on the front end of your platform.
  2. If you are a day trader who uses high leverage, you will know how quickly markets can move even in a matter of milliseconds.
  3. The prediction tools help a lot in making calculated decisions.
  4. However, it is important to note that these spreads are for the VIP account and you may have wider for the standard etc.
  5. The method you choose may depend on how long it takes to process.

Our research led us to appreciate easyMarkets’ robust regulatory framework, being a MiFID-regulated and ASIC-authorised broker. Yes, the broker offers Sharia-compliant Islamic accounts without rolling fees for overnight holdings. They provide an easy starting point for traders, with a minimum investment of only $25 to begin trading. Additionally, they offer extra protection measures, which include negative balance protection, https://traderoom.info/easymarkets-introduction/ assuring that customers cannot suffer losses exceeding their deposited funds. By covering transaction costs for its clients efficiently and economically, Easy Markets facilitates a seamless banking experience while ensuring hassle-free fund management services. The economic calendar in this updated platform is advanced, while the EA strategy tester has been upgraded, offering traders an even broader analytical environment.

MetaTrader 4 (MT4) is one of the most popular trading platforms in the world. MT4 is well known for its easy to use interface and quick learning curve. It was developed by trading software company MetaQuotes, is available in multiple languages and free to download. The easyMarkets trading app offers a variety of different ways to trade according to your trading strategy and goals. I like that it can be customised in a way that works best for each user, rather than being limited to one specific layout.

You will also have access to real time market updates sent through SMS. Keeping true to the “easy” mantra, the easyTrade feature is perhaps one of the simplest ways for a new trader to start using the broker. From a technical perspective, this is very much the same as a vanilla option. When it comes to those segregated client funds, you want to be sure that they are kept in the hands of some pretty strong banks. Easymarkets makes use of top tier banks that have high credit scores and easy access to their accounts.

As EasyMarkets have the conception of glassiness and honesty, it ensures the customer that their funds are secure and in safe hands. The brand has gathered 37 international awards and some of it named it “Most Transparent Broker”. EasyMarkets has been standing on its core values of simple, honest, and transparent CFD Broker and we can definitely say that it is a legit, trusted, and reliable broker. This opens a trade where you either place buy or sell orders at the current market price.

EAs are Expert Advisors which are basically just trading bots that are developed for MT4s. They are coded in MQL which is the proprietary language on the MetaTrader platform. You can basically set these up on a VPS server and have them running 24 hours a day.

It rebranded in 2016 stating that the main reason for the name change was to reflect its expanded product catalogue. The firm started offering options trading in addition to the existing CFD and FX products. The platform is currently regulated in Australia and Cyprus and offers over 300 tradeable instruments to its clients. Because I had a perfect record of trading without losses, I was accused of having multiple accounts. They took my $2100 deposit and $1765 of profit and closed my account quoting their terms and conditions which I knew I didn’t violate.

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