easyMarkets review ++ Scam or not?

You need to place a withdrawal request to get your money transferred to your bank account via a credit or debit card, wire transfer, or eWallets. Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. It is unfortunate that you feel this way since throughout your trading activity with us we supported you and provided you with any assistance required.

Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website. EasyMarkets is operating though few regulated entities in its established jurisdiction and is not a scam. For Cons, there is no 24/7 support and instruments are limited to Forex and CFDs. Based on your selection, you will register for an account with EF Worldwide Ltd, which is authorised and regulated by the Financial Services Authority of Seychelles . A unique tool which allows you to freeze the price you see, giving you a buffer of a few seconds to perform your trade. Its underlying technology lets you trade with limited risk and unlimited potential, without margin requirements.

easyMarkets Forex Spreads

Over the years, easyMarkets expanded its trading options and CFD offerings to include global indices, energy, metals, and more. In 2016, the name of the company was changed from easy-forex to easyMarkets. EasyMarkets has a straightforward and relatively easy process for setting up an account.

The online platform can be accessed through any device, both desktop, and mobile, and offers the latest state-of-the-art SSL security and encryption for a safe and secure trading experience. You can receive market news, technical analysis, daily outlooks, and a host of other resources directly through the platform, which makes it an incredibly attraction platform option from the company. EasyMarkets also does not charge any deposit or withdrawal fees and provides negative balance protection for all traders. Additionally, while easyMarkets provides a good educational library for beginner traders, its market analysis lacks depth compared to other brokers. Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. The CySEC provides one of the best regulatory environments for investors that guarantees the protection of funds and immunity against broker scams.

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Shame on you Easymarkets, you changed your name, you cheat clients, you mislead affiliates, you write FAKE positive feedback from your own office. EasyMarkers doesn’t charge any fees to fund or withdraw money from the account. The xm forex review fees are covered for all easyMarkets payment methods, nevertheless, make sure to check with your payment provider in case fees will be waived from their side. As well you may compare fees to another popular broker BDSwiss.

The in-app tutorials about how to use the app are very simple, brief, and straight forward. But the explanation of some very key trading options is not explained clearly. You might lose some money accidentally if you do not understand best forex swing trading strategy the difference between their easyTrade option and their day trade option. That means all the traders are trading between them and against the broker. Easymarkets was my first foray into forex and trading in general.

As the whole process is online, you need to access its website and provide your credentials such as full name, email address, country of residence, and a phone number. If you own a Google or Facebook account, you can connect it to sign-up with the trading platform. This is followed by a set of questions checking your background and financial knowledge.

All features listed, with the exception of a personal analyst, are equal to what is provided in the easyMarkets webtrader. A professional account is available if at least two of the broker’s three requirements are satisfied. In that case, ICF protection is removed in return for higher leverage with cash rebates available based on trading volume. EasyMarkets offers comprehensive educational resources to supplement new traders with the knowledge they seek. Its extensive collection includes informational articles, video tutorials, and e-books on subjects ranging from trading strategies to risk management. EasyMarkets offers simple yet powerful tools and risk management features for better trading experience.

Please get rid off from this easymarkets scam

FxForex has long been a trustworthy guide to Forex, CFDs and Cryptocurrency trading online. We review online brokers, provide tips and guides to trading, as well as news on the latest developments in the industry. The minimum deposit amount is, unfortunately, on the higher end of the spectrum. This applies no matter what method or account you are signing up for. The minimum trading size is listed as 0.01 lots in the MT4 trading platform, and 0.05 lots in the easyMarkets webtrader.

While transparency is adequate, easyMarkets does charge traders for the usage of its proprietary trading platform through higher spreads than those available in the broker’s MT4 platform. It is jammed with somewhat useless features and suggests limited to no authentic trading activity in its webtrader. 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.

Assets and contracts for difference include forex, cryptocurrencies, metals and other commodities, indices and vanilla options. The broker even offers option based trading with its limited-risk easyTrade service. EasyMarkets Mobile Trading Platform gives traders access to markets everywhere whenever connected to the internet in the palm of their hand. This mobile app trading platform was developed by easyMarkets so traders can trade anywhere and anytime they want. EasyMarkets is an online broker that dedicates itself to its core like a simple and honest broker. The firm was founded in 2001 and offers more than 200 tradable assets with its competitive platforms.

It also offers the demo account with virtual money for those who want to familiarize themselves with the platform. The dealCancellation feature and guaranteed protection against slippage are options that are only available with the only investment guide you’ll ever need review the proprietary easyMarkets trading platform. The easyMarkets Trader is an excellent trading terminal for accessing the Forex markets through an online interface that does not require you install any file to your computer.

Trend and volatility of the markets are the things you need to know in order to determine your next steps in trading. In order to know this, you need to keep track of the movements of the markets you wish to trade on. Whenever volatility is high, a value can potentially be spread out over a larger range of values.

How many instruments can I trade with EasyMarkets?

For example, the trading platform has to pay a broker to place trades on the stock market and it may have to pay stamp duty tax on certain types of investments. EasyMarkets Forex broker, previously known as easy-Forex, is a market maker broker that is located in Cyprus under the regulatory supervision of Cyprus Securities and Exchange Commission . The broker has expanded its reach to more than 120 different countries, having been a prominent player in the US, European, Australia, and Asian financial markets for many years. Easy Markets holds all the funds in a separate bank account “Bankwest”. The account is owned by Commonwealth Bank of Australia allowing for fast transfers and offering stability to the account. The minimum deposit usually varies from one account to the other, but the lowest is set at $200 for Standard Account (VIP Account is set at $50,000).

The company has developed its tools and platforms into simple and user-friendly yet powerful instruments for any type of trader. Though online trading is a piece of cake for the ones who know how to trade, it is a lot more confusing for amateurs. Thankfully, easyMarkets has everything that serves all types of traders irrespective of their experience levels. To protect new investors from suffering unexpected losses, there are free guaranteed stop loss and negative balance protection features. Also, professional traders can customize their preferences and manage risks to earn more money.

Successful stock traders can make large profits, but there is also a lot of risk involved in trading as well. Taking advantage of trading research tools designed to help traders analyse potential investments can minimise risk and provide an edge when attempting to earn profits. Some easyMarkets research tools include charts, technical analysis, and currency correlation. A easyMarkets ECN is a financial intermediary that uses electronic communications networks to give clients direct access to other participants in equity and currency markets.

Stock trading involves purchasing and selling equities periodically in order to time trades against the market. Stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price. Stock traders conduct significant study, frequently dedicating several hours every day to market monitoring. Rather than relying on market-making firms and broker-dealers to execute trades, easyMarkets might use direct market access to place trades themselves. EasyMarkets DMA accounts make individual contracts with each liquidity provider. Apple Macs and MacBooks can easily handle the most important requirements when using the easyMarkets trading platform.

Many of you may have noticed that there is a new name on the scene. EasyMarkets is a rebranding of the already popular Easy-Forex brokerage firm. To let new and current clients know that it had broadened its horizons and was now able to offer more than just foreign currency pairs trading. After 12 years as a traditional retail Forex broker, the firm decided it was time to increase its product range. EasyMarkets now offers traders the opportunity to trade CFDs in indices and commodities, as well as vanilla options and forward Forex contracts. With easyMarkets, you can be sure that all the deposits and withdrawals processes will be smooth and swift.

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EasyMarkets does have a reliable and high-speed trading experience, which is backed by guaranteed order execution policies on both trading platforms. The broker’s web-based trading platform features no slippage on stop orders, guaranteed stop losses and fixed dealing spreads. The broker also offers negative balance protection, so you can never lose more than your initial deposit if a trade goes drastically wrong.

These include segregation of funds, reputable bank accounts for clients and operations, supervision of all capital adequacy requirements, and stringent risk management. This online trading site is regulated by CySEC and it follows all reporting requirements as mandated by the financial authorities in Europe, and Australia. Trading Central – Trading Central is provided free of charge to all easyMarkets clients through the MT4 platform.

With this, all traders need is a smartphone and start trading when on the go – no to have an office to start trading. Safety and security are assured by the firm’s use of the best encryption technology protocols that protect all trading activity data and other personal information. Easy Markets Broker has scooped over 40 international awards provided by industry watchers for its services and platforms.

More specifically, this should the range of 3-10 business days depending on the payment option selected. Because easyMarkets acts as an intermediary, easyMarkets gets compensated through commissions on buy and sell transactions of financial instruments. As a result, easyMarkets profit is determined by the volume and number of transactions. A easyMarkets one-cancels-the-other order is a pair of conditional orders stipulating that if one order executes, then the other order is automatically cancelled. An OCO order typically combines a stop order with a limit order on an automated trading platform. A easyMarkets OCO order is a type of compound operation where a filled or completed order cancels execution of a different order.

In addition to the trading software the broker constantly developing enhancing tools and delivers vast add-ons to the trading platforms. All that ensures the traders’ safety especially to those who trade on volatile conditions. When it comes to the trading accounts available, easyMarkets doesn’t offer the same range as many other brokers, but don’t let this put you off, as there is one aspect that makes it stand out. The easyMarkets demo account is available for traders for as long as they need it. No more rushing to practise as much as possible because of a deadline. There is no time limit regarding how long you want to make use of the demo account, which makes it the perfect choice for those new to online trading.

As we could not locate a trading account with your details, please contact us at cs@easymarkets.com or visit our LiveChat which is 24/5 to help you with the issue you are experiencing. EasyMarkets also provides a standard assortment of market analysis products, but only the blog section is curated by in-house analysts. EasyMarkets also provides Trading Charts which offer very little insight, a list of live currency rates, and a basic Economic Calendar. The Free eBooks section is a repository of 10 eBooks available to easyMarkets clients – topics covered include technical analysis, trading psychology, MT4 guides, and vanilla options. If you are more accustomed to learning through reading this is an invaluable resource. EasyMarkets offers a limited range of assets compared to other similar CFD providers but it excels in the number of currency pairs available for trading.

TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Easy Markets broker does not charge any commission on all trades.

When preparing this easyMarkets opinion, we discovered that the broker does not offer multiple account packages. This is done not to overburden the trader, but rather keep everything simple and intuitive. It is, however, possible to upgrade the regular live trading account into VIP to enjoy tighter spreads and personal analyst services. Cryptocurrency trading can be conducted using a cryptocurrency exchange to buy and sell the underlying cryptocurrency assets. Cryptocurrency trading can also be done using a cryptocurency CFD trading account to speculate on up or down price movements of a specific crypto asset.