easyMarkets Reviews Read Customer Service Reviews of easymarkets com

easymarkets broker review

Popular commodities such as gold, silver, oil, and natural gas are available for trading, as well as soft commodities like cocoa, coffee, and sugar. Indices trading is also available, with access to popular indices like the S&P 500, NASDAQ, and FTSE 100. EasyMarkets offers three retail trading accounts depending on the chosen trading platform.

easymarkets broker review

Regulation & Company Information

  1. For example, they have their Guaranteed stop losses and their negative balance protection.
  2. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today.
  3. This shows what other traders on the platform are trading.
  4. After intensive problem solving we managed to achieve our goal – to give market access to everyone.
  5. This easyMarkets review will also discuss your deposit and withdrawal options.

MetaTrader 4 also comes with several tools that you can use for analysis. It lets you customize its features and execute your orders instantly. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage.

We have tried to contact you many times to assist you with your account, however we cannot reach you. Please note that you can close any of your open trades separately by choosing the one you would like to close individually on the platform. Please contact our customer support team via our website on Live Chat or email us at cs@easymarkets.com so we can have more details on the issue you are facing and help you. Although this company provides a proprietary trading platform, still they offer MT4 with great performance and convenient tools to support all trading methods. EasyMarkets offers the favored MT4 forex trading platform.

  1. We may see a weaker stock market, US dollar, and continuous demand for precious metals.
  2. Traders have access to over 200 markets including spot trades, forwards, and options.
  3. Easy forex & CFDs with guaranteed fixed spread, stop loss and take profit orders plus guaranteed execution.
  4. If you wanted to trade a larger array of physical crytpocurrency you could use the likes of Binance.
  5. This means that you are not buying the spot rate but rather a forward rate on that currency.
  6. The actual time that it takes to reach your account will depend on what method you chose and processing delays on your side.

Timeframe

The Get Started segment offers seventeen videos with a solid introduction to the Forex market, while the Discovery Series adds three more videos, complementing a properly executed segment. The quality tapers off from here, however; traders may download nine eBooks, but the Knowledge Base is nothing more than an FAQ section. New traders may obtain a good introduction to Forex trading, but more in-depth material to serve advanced traders is unavailable. The educational segment offers potential, but the overall execution represents a failed opportunity for broker and traders alike. Withdrawals can be made using the same methods as deposits, and EasyMarkets aims to process all withdrawal requests within 24 hours. There are no fees charged for withdrawals, although traders should be aware that some banks or payment providers may charge fees for processing withdrawals.

EasyMarkets is an online market maker that provides a trading platform for derivatives like contracts-for-difference. CFDs are derivative securities that allow customers to gain exposure to the price of financial instruments without actually holding the instruments in their accounts. The market news section is a financial news feed, which can be found inside the MT4 trading platform.

easyMarkets Secures Your Money

Also, we should have mentioned that there might be some interest in other safe havens, such as the Japanese yen and the Swiss franc. Markets tend to turn to them when value is no longer found in riskier asset classes, such as stocks. Nevertheless, the upside scenario is still more of a short- to medium-term one. This is because if the economic downturn becomes a more severe one, this could throw a negative shade on all sectors, including energy.

EasyMarkets derives most of its money from its spreads, which are generally higher than the market average. In addition, easyMarkets makes a lot of its income from the losses of its traders. In addition to the trading software, the broker constantly develops enhancing tools and delivers vast add-ons to the trading platforms.

For example, they have their Guaranteed stop losses and their negative balance protection. The broker offers a choice of CFDs for price speculation and nearly 40 vanilla options and futures contracts for capping the market exposure in the medium and long terms. As a whole, https://traderoom.info/easymarkets-introduction/ the instruments offering caters to the needs of both day and swing traders.

easymarkets broker review

This is always a good sign as it shows that they are receptive to feedback from traders. This is essentially a free tool that lets the trader freeze the current market rate for 2-3 seconds. Hence, if you observe an important trading level and would like to execute it you can quickly freeze the rate before pulling the trigger. You will also notice that on the order form you can switch between the different instruments. The default it the easyTrade but you can also switch to Day Trading as well as to trade the forward markets. Easy Markets has a range of platforms that you can use including their own proprietary technology as well as some well known third party applications.

EasyMarkets fails to provide this information on their website, but as a CySEC regulated broker, a margin call is likely to be issued at a 50% equity-margin ratio. The commodity market presents traders with another substantial diversification opportunity. The amount of leverage depends on the trading instruments or platform that you use, and is also determined by regulatory restrictions.

Easymarkets makes use of top tier banks that have high credit scores and easy access to their accounts. Despite that, many people around the world select easyMarkets because they aim to provide reliable trading conditions. Even when the market is volatile, they keep the spread fixed. As you can see in the table below, their EURUSD spread is 0.8 pips for TradingView.

“Stay away else all your money is gone.”

Then, you answer a few questions about your background and financial knowledge. Aside from MiFID, CySec, AFS, ASIC licensing, easyMarkets is also regulated by the BIV. The company also has a marketing office in Shanghai, China. EasyMarkets has headquarters in Limassol, Cyprus, and a branch in Warsaw, Poland. The company has additional worldwide locations in Majuro, the Marshall Islands, and Sydney, Australia.

EasyMarkets’ regulatory framework ensures that the company operates in compliance with strict standards and guidelines designed to protect traders’ interests. Well, given that they are market makers it means that the trades are executed internally and risk is managed on their books. This means that they have control over their clients risk and can ensure that their accounts don’t enter negative balance territory. Apart from the above, the accounts don’t seem to differ that much at all. All have no account fees, no commissions as well as free deposits and withdrawals.

25/05/2022 | admin