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EasyMarkets Review

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When easyMarkets was founded in 2001 it had the mission to transform trading from an activity solely for wealthy individuals or institutions, into a market that anyone could access, with initial deposits from $25, that could be funded online via credit card – instead of lengthy bank transfer.

easyMarkets offers traders its dedicated web platform, which allows traders to trade anywhere with any internet enabled device and internet connection. There are also a range of built-in analytical tools, with access to more than 200+ trading instruments and feature such as dealCancellation, Freeze Rate and Free Guaranteed Stop Loss and Take Profit.

All client funds at easyMarkets are separate from company funds, and are kept safe and secure in top tier, low credit risk, global banks. easyMarkets also claim to maintain sufficient liquid capital to cover all client deposits, potential fluctuations in the company’s currency positions and outstanding expenses.

easyMarkets is regulated by both ASIC and CySEC, and offers clients negative balance protection with their funds held in segregated accounts. 


Pros

  • Segregates client funds
  • Established in 2003
  • Regulated by CySEC and ASIC
  • Min. deposit from $1

Cons

To open a live account, you’ll need a minimum deposit of at least $1. Alternatively, EasyMarkets offers 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 has 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.

Visit EasyMarkets

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

EasyMarkets screenshot Open a demo account

83% of retail investor accounts lose money when trading CFDs with this provider.

What are EasyMarkets's spreads & fees?

Like most brokers, EasyMarkets takes a fee from the spread, which is the difference between the buy and sell price of an instrument.

The spreads displayed below are based on the minimum fixed spreads listed on EasyMarkets’s website. The colour bars show how competitive EasyMarkets' spreads are in comparison to other popular brokers featured on BrokerNotes.

EasyMarkets variable spread is not available. If you believe this is incorrect please fill in our form

Spreads are dynamic and are for informational purposes only.

As you can see, EasyMarkets 's minimum spread for trading EUR/USD is 1.8 pips - which is relatively high compared to average EUR/USD spread of 0.82 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with EasyMarkets vs. similar brokers.

See all Spreads

How much does EasyMarkets charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with EasyMarkets at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $22.34. Here’s a rough breakdown of the fees and how this compares against City Index & XTB .

EasyMarkets City Index XTB
Spread from: $ 18.00 $ 5.00 $ 2.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $ 18.00 $ 5.00 $ 2.00
$13 less $16 less
Visit EasyMarkets Visit City Index Visit XTB

All fees/prices are for informational purposes and are subject to change.

General Fees

  • EasyMarkets doesn’t charge inactivity fees*
  • EasyMarkets doesn’t charge withdrawal fees*

Commissions

  • EasyMarkets doesn’t charge commission on CFD shares

What can you trade with EasyMarkets?

EasyMarkets offers over 191 different instruments to trade, including over 135 currency pairs. We’ve summarised all of the different types of instruments offered by EasyMarkets below, along with the instruments offered by City Index and XTB for comparison.

FX / Currencies EasyMarkets City Index XTB
# of forex pairs offered 135 84 48
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies Yes Yes Yes
Commodity CFDs EasyMarkets City Index XTB
# of commodities offered 0 26 21
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Index & Stock CFDs EasyMarkets City Index XTB
# of Stocks offered 0 4500 1606
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See EasyMarkets's InstrumentsSee City Index's InstrumentsSee XTB's Instruments

What’s the EasyMarkets trading experience like?

1) Platforms and apps

EasyMarkets offers the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers. EasyMarkets also offer their custom easyMarkets platform.

EasyMarkets Screenshot

EasyMarkets also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See EasyMarkets 's platforms

Trading Features:

  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection

Accounts offered:

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account

Still not sure?

Open a practice account & learn to trade

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 an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.

As a nice bonus, EasyMarkets are one of very few brokers that claim to have no requotes, so you don’t have to worry about slippage (your trades being ordered at a different price to what you executed them at ).

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.

EasyMarkets also offers a number of useful risk management features, such as stop losses (with trailing stops), limit orders negative balance protection price alerts and much more. You can see all of the account features offered by EasyMarkets here.

Finally, we’ve listed some of the popular funding methods that EasyMarkets offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • Payoneer
  • Neteller

3) Client support

EasyMarkets support a wide range of languages including English, German, Arabic, Greek, Russian, Chinese, Spanish, French, Polish, and Hebrew.

EasyMarkets has a BrokerNotes triple AAA support rating because they offer a wide range of languages and support options.

4) What you’ll need to open an account with EasyMarkets

As EasyMarkets is regulated by CySEC and ASIC , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore EasyMarkets’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with EasyMarkets you can visit their website here.

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 01/06/2019.

83% of retail investor accounts lose money when trading CFDs with this provider.