EASYMARKETS REVIEW 2024: SHOULD YOU SIGN UP WITH THE BROKER?

EASYMARKETS REVIEW 2024: SHOULD YOU SIGN UP WITH THE BROKER? title=

This Trading Platform is available in Ukraine

4.3/5

Easy Markets generally receives positive feedback from users, highlighting their user-friendly platform and responsive customer support. Traders appreciate the straightforward interface that makes it simple for both beginners and experienced traders to navigate the markets. The educational resources available are frequently praised, helping new traders to learn the ropes. Additionally, Easy Markets' transparent fee structure earns commendations, allowing clients to trade with a clear understanding of costs involved.

However, some reviews point out issues with withdrawal delays and occasional platform glitches. While these negative experiences are relatively few, they do remind potential users that no service is without its hiccups. Overall, the sentiment towards Easy Markets leans toward satisfaction, with many users feeling confident in recommending them as a reliable broker.

Min. deposit
$100
Demo account
Yes
Currency
AUDCADCHFCNYEURGBPJPYNZDPLNUSD
Supported languages
AraChiEngGrePolSpa
Active
Yes
Payment Methods
Bank WireCredit/Debit cardsFasaPayiDealNetellerSkrillSofortWebMoneyWeChatPay
Pros
  • Regulated broker
  • Negative balance protection
  • Fixed spreads
  • Educational resources
Cons
  • Not available in the USA
  • No MetaTrader 5
Awards
Most Transparent Broker 2017, Best Forex Service Provider 2017, Best Trusted by Investors 2017
Bonus
First deposit bonus (subject to terms and conditions)
Instruments
CommoditiesCryptoForexIndicesOptionsStocks
Min. trade price
Depends on asset
Regulated By
ASICCySEC
MetaTrader 4
Yes
MetaTrader 5
No
cTrader
No
OmniTrader
No
AlgoTrader
No
TradingView
No
Trading Central
Yes
Autochartist
No
eSignal
No
STP Account
No
ECN Account
No
DMA Account
No
MAM Account
Yes
PAMM Account
No
LAMM Account
No
Demat Account
No
Mobile Apps
Yes
Margin Trading
Yes
Volatility Index
No
Spot Trading
Yes
Perpetual Swaps
No
ELWs
No
REITs
No
AI / Machine Learning
No
Robo Advisor
No
P2P Trading
No
Negative Balance Protection
Yes
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Managed Accounts
Yes
Market Maker
Yes
Auto Trading
Yes
Social Trading
No
Copy Trading
No
Trade Signals
Yes
Islamic Account
No
Inactivity Fee
Yes
Guaranteed Stop Loss
Yes
Stock Exchanges
Not applicable
Commodities
Gold, Silver, Oil, and others
Forex Trading
Yes
Forex GBPUSD Spread
2.5 pips
Forex EURUSD Spread
1 pip
Forex EURGBP Spread
2 pips
Forex Assets
Over 50 currency pairs
Crypto Spread
Varies by asset
Crypto Lending
No
Crypto Staking
No
Crypto Mining
No
Crypto Auto Market Maker
No
Crypto Coins
Bitcoin, Ethereum, Ripple, and others
Binary Options
No
Payout Percent
Not applicable
Expiry Times
Not applicable
Ladder Options
No
Boundary Options
No
Show all >>

* The amount that will be credited to the account in the case of a successful deal

* General Risk Warning: Your capital might be at risk

Trustpilot Real Time Reviews

Star

The Trustpilot rating is 4.3,
according to 1712 reviews

4.5 Stars
Asim
Asim
stars
ae
I have been with this company for so long now. Very accomodative, reliable trustworthy company with excellent staff.

View all

Carla Antonella  Romani
Carla Antonella Romani
stars
ar
I had a question about my account and my password and they helped me, also I was having trouble to connect my account with Mt5 and they also helped me with that

View all

Nicholas Fomin
Nicholas Fomin
stars
ua
My personal opinion this is one of the best Brokers Advantages 1) when I just registered I was dialed by a manager and talked to me in my language(Like) . explained all the points. then once again dialed when I have already deposited an account, there we talked about an hour about trading. 2) no commissions - this is of course nice, because some Brokers or Prop firms have Spreads and commission, the Spread is quite adequate and stable average 8-10 points, in the news spreads are still stable, it did not break at 50 points and above, for example, a deal was opened in the News in the NY session, also a similar deal was opened in a Czech Top Prop Company, which has an average of 3 points , so in it I was knocked out on the stop, because the Spread was widened like the fifth point of a mammoth. But at easyMarkets everything was stable and calmly worked out take profit, although the positions were equally opened at the same time. 3) Deposits via Сrypto is convenient and fast, because not every Broker accepts Сrypto. 4)Withdrawal through Сrypto, everything is as described in the rules, 1-2 days processing, ordered withdrawal on Friday (Saturday, Sunday days off) received Monday morning and without commissions for this in general likes. From Minuses for me personally, it would be better to have a stable commission but there was no spread, purely morally as something for me so quieter. for you do not enter the transaction in 0$, and here at once -8 - 10 points, immediately minus, after getting used to spreads in 0-2 points was not comfortable. there were still unclear moments, I could not move my stop loss, as I have trades essentially fast, I enter everything as usual and then I realize that the deal is moving very slowly and I understand that here I probably made a mistake with the entry, then I see that there is a movement in my direction, I want to put a stop loss and it is not put, the terminal gives me an error and all, I understand that most likely it was a manipulation in the market and I want to protect myself to transfer the deal to a lossless in the end. but I can't, then I realized that there are restrictions. No loss is impossible to put until the price does not go further from the opening of the position by 20-25 points +- , for me this was a factor in finding another firm, because according to my concept. for me it is important, if I suddenly saw that I was wrong in my transaction. to make it without a loss. plus so morally easier. so who have quick trades, you will need to think about such rules. because it can make your trading uncomfortable. But even with these drawbacks, I still give it 5 out of 5, because these are just personal drawbacks for me. For those who trade medium-term or longer, these issues won't really matter.

View all

Lois Ahura
Lois Ahura
stars
ug
It's okay , please!

View all

Qojo Sãmmy Official
Qojo Sãmmy Official
stars
gh
fast withdrawal and deposit results

View all

Jeff Sigamoney
Jeff Sigamoney
stars
za
Easymarkets is one of the most responsive, helpful and friendly brokers available. I have dealt with multiple other brokers and they were not as efficient as easymarkets. To anybody who would like to create a trading account, easymarkets is the fastest, easiest and most affordable option out there. I will most likely be a long customer of theirs!

View all

Content

EasyMarkets is an innovative broker that has been around for two decades – since 2001! Yes, the broker has a long history and has come a long way since then. Let’s dig deeper and find out everything we can about the broker.

easy-markets-review

HOW DOES EASYMARKETS STAND OUT?

Highly regulated: The broker has regulations from several reputable regulatory bodies.

Global access: EasyMarkets is available in more than 150 countries.

easyTrade: The EasyTrade tech lets you minimize risks while keeping unlimited margins.

dealCancellation: You can undo a losing trade within 1, 3, or 6 hours.

Freeze Rate: You can freeze the price you see, giving you a two seconds buffer.

Great support: EasyMarkets provides swift customer support by email, online chat, and phone, 24/7.

Plenty of trading assets: With EasyMarkets, you have the flexibility of trading multiple tradable assets across six categories.

Bitcoin base currency account: You can open a Bitcoin currency account to trade more than 275 assets.

WHAT IS EASYMARKETS?

EasyMarkets is known for its innovative tech. The broker was the first to introduce a web platform in 2001.

In 2001, EasyMarkets began its journey as easy-forex.  The founders have one thing in mind: to change the trading environment by adding innovation. Most of you were young in 2001… or maybe not even born yet (Man, I feel old). For those who can’t remember the internet in 2001, it was kind of boring and slow, and the only way to trade was through the trading room.

EasyMarkets changed the game and provided an online trading platform. The minimum deposit was $25, and that’s still the same today. They also accepted the deposits through a credit card in 2001, which was forward-thinking for that time. Fast-forward to 2016, the broker change from easy-forex to EasyMarkets.

easy-forex to EasyMarkets

easyMarkets homepage

The broker kept modernizing, introducing several features you can’t find elsewhere. Some examples are tools like free-guaranteed stop-loss, freezing rate, and deal cancellation. Fun fact: EasyMarkets is an official partner of Real Madrid CF. The firm has earned several awards now, including:

  • Steady Development in comprehensive operation
  • Most Trusted Forex Broker in the Middle East.

The broker is available in more than 150 countries. However, I’m sorry to tell you that you can’t open an account if you are from the US, Canada (some parts), Japan, Iran, North Korea, Syria, and other countries. You can check the complete list through the broker’s website.

WHAT ARE EASYMARKETS’ REGULATIONS?

EasyMarkets has a long history, as we learned in the previous section. But it’s important to check a broker’s regulations before trading. EasyMarkets has three homepages; international, EU, and Australia. Each one has different regulations. The broker has regulations from:

ASIC (Australian Securities and Investment Commission),

CySEC (Cyprus Securities and Exchange Commission),

FSA (Financial Services Authority), and

FSC (Financial Services Commission).

International clients come under the FSA and FSC regulations. The Australian clients come under the ASIC, and the European users come under CySEC. This information is important before opening an account, as regulation does matter.

easyMarkets regulations 

easyMarkets regulations 

Other Cysec regulated brokers include AAATrade and ThinkMarkets.

HOW DOES EASYMARKETS WORK? 

We’ve covered the regulations of the firm. But what trading assets are available? EasyMarkets provides plenty of tradable assets across six categories, which include forex, stocks, indices, cryptos, commodities, and metals. Let’s look at each category in detail.

Forex

  • EUR/USD
  • GBP/USD
  • AUD/USD
  • USD/JPY
  •  USD/CAD, and more.

Stocks

  • Intel
  • Amazon
  • Ford
  • Tesla, and more.

Indices 

  • S&P 500
  • FTSE
  • DAX
  • NIKKEI
  • NASDAQ, and more.

Metals

  • Gold
  • Silver
  • Platinum
  • Copper
  • Palladium

 Commodities 

  • Oil
  • Gas
  • Agricultural products

Cryptos

  • BTC
  • ETH
  • XRP
  • ALGO, and more.

EasyMarkets is one of the few prominent brokers that provides traders with fixed spreads. It is useful to know how much your transactions will cost. Spreads on major forex pairs, such as the EUR/USD and GBP/USD, begin at 0.9 pips.

easyMarkets product page

easyMarkets product page

HOW DOES THE EASYMARKETS PLATFORM WORK?

To trade all these assets, you need a platform. As an innovative broker, EasyMarkets provides plenty of platforms. I do like their native platform, but there are also other options available. EasyMarkets offers four trading platforms:

  • EasyMarket platform
  • TradingView
  • MT4
  • MT5

Let’s talk about all of them.

EASYMARKET PLATFORM

EasyMarket has a native platform, which is extremely beginner-friendly. On the trading platform, you’ll find:

  • market sentiment indicator,
  • a freeze rate tool,
  • and the dealCancellation feature.

dealCancellation

The dealCancellation feature performs precisely what its name implies. If you make a mistake and initiate a position that begins to lose money, you can end that position and get your losses back for a modest cost. This is a great feature to have while you’re still getting a feel for how trading works.

Freeze rate 

The Freeze rate allows you to temporarily freeze a rate on a certain asset to give yourself time to enter that position. It is perfect if you are trading in volatile markets and identify a low position that you believe will not last long.

You can also use the easyTrade feature with the platform, which allows you to minimize risk while increasing your potential gain without margin requirements or spreads. The platform is available on the web and mobile versions (more on the mobile app later).

easyMarket web platform

easyMarket web platform

MT4

If you’re familiar with trading, you’ll know of MT. The MetaTrader 4, aka MT4, is the pioneer of trading platforms. EasyMarkets’ MT4 platform comes with all the handy features like:

  • One-click trading,
  • A variety of tools and indicators,
  • Custom trading templates,
  • Over 20 years of historical data for backtesting.

In addition, you can open a Bitcoin account with the MT4 platform. The Bitcoin base account has BTC as a base currency, and you can trade more than 275 assets. MT4 is also provided by other brokers like Alpari and JustMarkets.

MT4 platform

MT4 platform

MT5

The MetaTrader 5 is the successor of MT4 and provides more robust features than its predecessor. These are ideal for more experienced traders. Some of the features of EasyMarkets MT5 include:

  • 21 Different Chart Time Frames from 1 minute to 1 month
  • 38 built-in technical indicators
  • Access to expert advisors
  • The ability to download 20+ years of historical data

MT5 platform

MT5 platform

TRADINGVIEW

Tradingview (TV) is a godsend when it comes to trading. It provides various tools and features to smooth the overall trading process. Fortunately, EasyMarkets has an integration with TV. You can have:

  • Social Network for Traders
  • Advanced Charting
  • Deep Market Insights

easyMarkets Tradingview

easyMarkets Tradingview 

MOBILE APP

EasyMarkets provides a native mobile app which offers the same features as the web version. It is available on both the Google play store and Apple store.

easyMarkets mobile app

easyMarkets mobile app

WHAT TRADING INDICATORS ARE AVAILABLE?

As an active trader, technical trading is essential for success. We need technical indicators to inform our trades. EasyMarkets offers plenty of trading indicators across all platforms. Some of the available indicators are:

  • MACD
  • Moving Averages
  • RSI
  • Bollinger Bands
  • VWAP, and many more.
Further reading

WHAT ARE EASYMARKETS’ TRADING ACCOUNTS?

There are plenty of account types available on EasyMarkets. Let’s find out what the broker has to offer.

WHAT ARE EASYMARKETS’ TRADING ACCOUNTS?

EasyMarkets provides five account types:

  • Standard
  • VIP
  • Premium
  • Profession
  • Islamic

Let’s compare each one.

1. STANDARD ACCOUNT

The Standard account is the basic account you can get at EasyMarkets. There is a $25 minimum deposit, and you can have a maximum leverage of 1:500. There is a fixed spread that starts from 1.7. I think it’s ideal for beginners who wish to get started with a low deposit.

2. PREMIUM ACCOUNT

The premium account has a minimum deposit of $2000 and has no extra fees. You can open the account with the maximum leverage of 1:500, and spreads start from 1.2 pips.

3. PREMIUM

The VIP account is an upgraded version of the premium account. You can open the account with the maximum leverage of 1:500, and spreads start from 0.7 pips. Besides, you can have 24/5 phone and live chat trading. This account allows you to place your trades directly through phone or live chat.

easyMarkets account types

easyMarkets account types

If you are looking for a lower spread broker, see IC Markets or Alpari.

3. PROFESSIONAL

If you want options other than retail trading, you can join the experts by opening a professional account. This account is only available for UK and European traders. To open the account, you must have:

  • An average of 10 large trades every quarter in the past year.
  • A financial instrument portfolio worth more than €500,000.
  • Relevant experience in the financial markets.

If you become eligible, you can start trading like a pro.

4. SWAP-FREE

The swap-free or Islamic account offers zero swap rates. It is Sharia-compliant and follows the no-swap principles of Islam. To open the account, you need to contact the support team first.

DOES EASYMARKETS OFFER A DEMO ACCOUNT?

If you aren’t ready for live accounts, you can instead open a paper trading/demo account. Yes, EasyMarkets does provide a demo account. The cool thing is that you can demo trade on any platform for an unlimited time.

Further reading

HOW SAFE IS EASYMARKETS?

How can I open an account if I can’t trust the broker? Let’s take a look at EasyMarkets’ security.

In addition to its stringent regulations, EasyMarkets takes plenty of measures to provide a safe trading environment:

  • Segregated funds
  • Investor Compensation Fund (ICF) protection.
  • Top-tier insurance and banking partners
  • Risk management

These security measures are enough to put most experienced traders’ worries to rest.

asyMarkets safety

easyMarkets safety

Further reading

WHERE IS EASYMARKETS LOCATED?

If you want to track EasyMarkets, it’s simple to do. The company is transparent about the locations of its various offices.

EasyMarkets’s headquarters is located at 1 Griva Digheni Limassol CY, 3035, Cyprus.

The international address of the broker is Trinity Chambers, PO Box 4301,
Road Town, Tortola, British Virgin Islands.

They also have offices in Sydney, Australia, and a marketing office in Shanghai, China.

Further reading

HOW TO DEPOSIT FUNDS IN THE EASYMARKETS ACCOUNT?

Depositing funds can be a hassle with some brokers. Fortunately, funding your account is super quick at EasyMarkets via its various payment methods.

HOW TO DEPOSIT FUNDS IN THE EASYMARKETS ACCOUNT?

The deposit methods available at EasyMarkets are:

  • Credit/Debit Cards (available in all countries)
  • Online banking (available in some countries)
  • Skrill (available in some countries)
  • Neteller (available in some countries)
  • Fasapay (available in Indonesia only)
  • Stickpay (available in all countries excluding Europe and APAC)
  • Webmoney (available in all countries excluding Europe and APAC)
  • Bitwallet (available in Japan only)
  • Bank wire transfer (China only)

Depositing through your card is instant. Bank wires can take 3 business days, while third-party apps’ payment methods can take 24 hours.

HOW TO WITHDRAW FUNDS FROM THE EASYMARKETS ACCOUNT?

Are the withdrawal methods the same on EasyMarkets as deposit methods? Are there any additional fees? EasyMarkets has the same withdrawal methods as deposits. It also takes the same amount of time. There are no additional fees for withdrawals or deposits.

easyMarkets payment methods

easyMarkets payment methods

Further reading

HOW TO CONTACT EASYMARKETS?

EasyMarkets responds quickly, which is important for any broker you’re looking to do business with. The reaction time depends on the method you are using.

There are several ways to contact the broker. You can call their service number, use the live chat, or email them. They also have a helpful FAQ page where you can find answers to common questions. You can also contact them through social media.

easyMarkets contact page

easyMarkets contact page

Further reading

DOES EASYMARKETS OFFER PROMO CODES?

Promotions are a great way to make more money, and are excellent incentives for choosing a broker. Does EasyMarkets have any available promos?

EasyMarkets offer promos through partnerships. The broker offers three types of partnerships:

  • Affiliates
  • Introducing brokers (IBs),
  • Referring a friend.

Each program has specific requirements, and you should check them before signing up. You can find all the info you need here.

Brokers like Binarycent offer promo codes and are invested in helping trading earns with multiple other trading options.

easyMarkets partnership

easyMarkets partnership

DOES EASYMARKETS OFFER BONUSES?

Everyone loves free stuff. Let’s take a look at EasyMarkets’ available bonuses. EasyMarkets provides a first deposit bonus. You can get 50% or up to a $2000 bonus on your initial deposit.

Further reading

HOW DO I MAKE MONEY WITH EASYMARKETS?

EasyMarkets has been around for quite some time, and I joined the broker in 2015. I joined because EasyMarkets had some innovative features, especially at the time, such as the EasyTrade option which lets you trade with minimum risks (more on that later).

I also liked the various account types and the fact that the minimum deposit was only $25. Let’s see what others have to say:

various account types

the minimum deposit

others have to say

 

Further reading

Discover top binary options brokers tailored to your region. Browse our curated lists by country:

All Brokers | Top Brokers | USA | Canada | UK | Australia | Nigeria | India | New Zealand | Germany | Turkey | Spain | France | Ukraine | China | Indonesia | Pakistan | Bangladesh | Russia | Mexico | Japan | Brazil | Philippines | Vietnam | Iran | South Africa | Italy | South Korea | Argentina

×
Or sign up with e-mail

×

Create Alert For

USD
1 BTC = 68390.3000000 USD
1 USD = 0.0000146 BTC
×

Email confirmation

Enter your email address below.

×

Number confirmation

Enter your Number below.