easyMarkets Verified Reviews from Actual Traders

It made me rate this company well for his prompt response to my inquiries. He is professional to the core judging by how he handled his work and customers. 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. This trading platform can be utilized on cell phones to provide access to the trading accounts and orders without using PC.

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Traders can also chart each instrument on multiple time frames. Traders can upgrade to a real account by tapping the ‘My Account’ menu item at the bottom of the screen and selecting the ‘Make a Deposit’ button. To make a withdrawal, easyMarkets requires proof of identity (such as passport or ID card) and proof of address (such as utility bill or bank statement). Traders who fall below the easyMarkets margin requirements risk receiving a margin call and having their position closed prematurely. You must provide your name, email, country of origin, and phone number.

Because dealCancellation can be considered an “insurance” you will have to pay for this protection. This price will depend on the asset as well as the volatility present in the markets at the time of the trade. This is a feature that easyMarkets includes on their web platform that basically allows a trader to cancel a trade after it has been placed and executed. You can kind of think of it as an insurance policy on the trade. Once you have filled out the form you will be directed to their proprietary options platform.

Note that cryptocurrency spreads may be adjusted more frequently than other assets due to high volatility. This easyMarkets review also explores the broker’s cross-platform trading applications on desktop and mobile, if available in . At the time of this review, easyMarkets offered three promotions; a first deposit bonus, a partnership programme, and a refer-a-friend bonus. The MT4 trading platform is provided as the basic version only but remains the best choice available at easyMarkets. However, we would be happy to know your personal opinion about the broker, you can also read the reviews of easyMarkets and see the rating of Forex brokers.

EasyMarkets is a forex and CFDs broker with an innovative approach to trade execution and market research. Founded in 2001 and headquartered in Cyprus, it offers over 230 CFDs and vanilla options across currency pairs, shares, commodities, metals, indices, and cryptocurrencies. Investing in assets such as stocks, bonds, cryptocurrencies, futures, options, and CFDs involves considerable risks. CFDs are especially risky with 74-89% of retail accounts losing money due to high leverage and complexity. Cryptocurrencies and options exhibit extreme volatility, while futures can also lead to significant losses.

EasyMarkets operates through several organizations that are regulated accordingly in the established jurisdiction. Trading name Easy Forex Trading Limited is a Cyprus-based financial https://traderoom.info/easymarkets-introduction/ services company regulated by CySEC in Europe and compliant with the MiFID rulebook. This means that its standards have allowed the EU to provide legal services to clients in the EEA and beyond.

These security measures are enough to put most experienced traders’ worries to rest. Other Cysec regulated brokers include AAATrade and ThinkMarkets. The support team is known for being responsive and helpful, offering assistance with technical issues, account management, and trading-related inquiries. EasyMarkets has a rating of 1.6 stars from 13 reviews, indicating that most customers are generally dissatisfied with their purchases. Like most brokers, EasyMarkets takes a fee from the spread, which is that the difference between the buy and sell price of an instrument.

There are well known global options such as cards and bank wire as well as more local solutions for specific countries. This is actually a really advanced platform and gives you a host of features that are essential to an option trader. For example you can plot out the option graphs and run pay-out scenarios based on the price. As mentioned, easyMarkets has their own trading platform where you can trade the vanilla options. In order to get there you will need to head on over to the main menu and hit “options”. You will also notice on the web platform that you have other options before you place your trade including whether you want to freeze the rate or cancel a deal.

1. Nevertheless, make sure to check with customer service under which conditions you particularly will fall, as conditions may vary according to the trading entity.
2. These offerings are more extensive than the base currencies that are accepted by many competitor platforms.
3. Traders appreciate the straightforward interface that makes it simple for both beginners and experienced traders to navigate the markets.
4. So, if you learn to use it on easyMarkets and would like to move to another broker then it is really quite simple.
5. EasyMarkets clients can access around 70 educational videos in English, Arabic, Spanish, and Polish via its YouTube channel.
6. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative.

See all easyMarkets Non-Metal Commodities

Our detailed easyMarkets Review will explain what it’s like to trade with this broker from Europe. EasyMarkets is a broker that has offices in several locations around the world, including Greece. In fact, they’re among the first firms that offered online trading. They have retained many of their clients because of the unique features that they offer through their proprietary platform.

Easy Markets also boasts a range of innovative tools designed to make trading easier and more efficient. For example, the platform offers a unique feature called “dealCancellation”, which allows traders to cancel a losing trade within 60 minutes and receive a refund of their losses. This feature helps to mitigate risk and provides traders with an extra layer of protection. EasyMarkets was founded as a forex trading platform back in 2001, and since than has become one of the most established and experienced trading platforms on the market.

1. The range of account types and advanced software features are also great benefits available to all easyMarkets clients, which is worth consideration.
2. For those who don’t know, options are instruments that give the holder the right but not the obligation to buy or sell some asset in the future.
3. In addition, easyMarkets makes a lot of its income from the losses of its traders.
4. If you would like more resources and guides about how to use the MT4 then drop us a contact here.
5. However, like all mobile trading apps, it faces the inherent challenge of limited price action visibility on smaller screens.
6. The company strives to provide reliable trading conditions in response to market volatility with a fixed spread and no slippage, so traders always know their costs.

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Your feedback is important to us, and we are so glad that you are happy with our services, your glowing review is music to our ears. They offer wide range of financial market pairs from CFDs, Forex and Binary Options market. This company is Authorized by Market in Financial Instruments Directive (MiFID) to represent financial services to European residents. So, overall we conclude that easyMarkets can be trusted and it offers quite comfortable conditions and continues to develop and enlarge its offerings.

I have used this broker for more than 2 years and I strongly recommend them. Live chat for support is not working, tried using a different browser but it still doesnt work, the chat dialog keeps loading. Thank you Andziso, we’re delighted to hear your experience is such a positive one. Thank you for taking the time to leave your feedback, we really appreciate it. I had a little challenge with my acount and the two people I met online, were soooo willing and well commited to help me go through every step towards a solution.. Each one at own time , took time to push for a resolution and were so patient I could read that from their voices and how they were willing to wait…

As we see before broker had less suitable conditions, but now it thrives with its innovative technology and great offerings. The broker has no 24/7 support, also the instrument range is limited to Forex and CFDs. Among other things, the broker’s conditions might vary based on the entity. It is Sharia-compliant and follows the no-swap principles of Islam. To open the account, you need to contact the support team first.

Under the menu, there is another “Deposit Funds” option along with a demo/live account toggle and live chat functionality. The execution screen has a simple design where traders can set amounts, risk limits and dealCancelation rates with the slide of a finger. Once traders download the app, they are welcomed with ready-to-trade demo. Withdrawals via bank transfer require a minimum of €/$/£50 to be withdrawn. Provided that easyMarkets accepts traders from , you can follow the below instructions to verify your account.