easyMarkets Review 2024 Forex broker with fixed spreads

June 4th, 2021 by topenergy

easymarkets broker review

Learning from this source can make even a beginner a more informed trader in a short time. EasyMarket Web platform has simplified the trading process as you can access all tools via easyMarket Web Platform. Yes, you can pause a trade and place your trade at a frozen rate. Again, this is another really innovative feature but not always available. I remember that it was called Easy Forex when I used it many years ago. The platform appears to be improved and I may want to consider returning.

Excellent service and I like it very…

easymarkets broker review

Just keep in mind that demo trading conditions can differ from a live trading account. I experienced this when I tried to switch my scalping strategy from the demo to live account. They didn’t have a problem with me trading the strategy on demo but prevented me from using the same strategy on a real account. If you are not scalping this might not be an issue but I probably wouldn’t have made the effort to open a live account had I known this would happen beforehand. I tried to use a scalping system on a demo account and everything worked as expected.

Spreads and Commissions

You need to maintain 25USD in account for a standard account while Premium and VIP are 2USD and 10USD, respectively. They do not currently support crypto funding but RoboForex do if that is something that you are looking for in a broker. The easyMarkets web platform is accessible directly through your browser. This is advantageous as it requires no software to be installed and ensures you will always be running the latest version. It is full of useful analytical trading tools and customisable features. I found it also has a very user-friendly interface that is simple to navigate and quick to learn.

Popular Forex Guides

  1. Just keep in mind that demo trading conditions can differ from a live trading account.
  2. The dealCancellation feature gives you the ability to undo a trade within one hour for a small fee.
  3. Although their interface is user-friendly for beginners, CFD trading is sophisticated and hazardous.
  4. You even get direct access to market analysis who will talk you through the latest technical and macroeconomic analysis.

If a stop-loss is also reached within the period and dealCancellation is active, no trading loss will be realised. The inside viewer is a sentiment tool that will show what percentage of other easyMarkets are buying or selling a particular trading instrument. Sentiment analysis is often used as part of a contrarian trading strategy. MT4 has a wide range of built-in technical indicators for analysing charts on multiple timeframes. You can load pre-set trading strategy templates or create your own and save them for future use. EasyMarkets are regulated in Europe by the Cyprus Securities and Exchange Commission (CySEC) and in the Asian Pacific Region by the Australian Securities and Investment Commission (ASIC).

The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. Bank transfers may take a few business days to clear whilst some methods such as https://traderoom.info/easymarkets-introduction/ card payments can be instant. This account will allow you to use easyMarkets very own web and mobile app platforms which include extra unique features such as dealCancellation, Freeze Rate and Inside Viewer.

Forex Risk Disclaimer

Regulatory compliance instills confidence in traders regarding the safety of their funds and the reliability of EasyMarkets. Additionally, the broker offers a wide selection of instructional products, including trading classes, free eBooks, a knowledge base, and trading indicators for novice and expert traders. You will receive personalized help whenever required since VIPS benefits from features like phone support or executive account management and risk mitigation tools like guaranteed stop loss. EasyMarkets was founded in 2001 and has established itself as a respected name in the forex and CFD trading industry. The company focuses on providing accessible trading solutions and has cultivated a solid reputation for customer service and innovation in trading technology.

We have over 20 years of experience when it comes to trading online so we know what to look for. The broker gives you access to trade both energy (hard/mined products) and agricultural (soft/grown products) CFD commodities. Commodities available to trade include oil, gas, wheat, coffee and sugar. Commodity trading is a popular way to diversify a portfolio and is primarily driven by supply and demand. There is a built-in MetaEditor where you can programme your own custom indicators and automated trading systems known as expert advisors (EAs).

easymarkets broker review

It’s time to move onto one of the most important things for any trader and that is the technology and platforms that they have at their disposal when using a particular broker. One of the most noticeable differences between these accounts is the spreads that you will get when trading. When you are on the VIP tier then you will also get some other perks that reflect your client value.

easymarkets broker review

EasyMarkets is a company with an operating history dating back to 2001. EasyMarkets have recently announced a La Liga sponsorship deal with Real Madrid. The easyMarkets logo can be seen on the front of the team’s shirt. Thank you Fitahiana Hasandratra, your kind words are really appreciated. We are pleased to hear we have served you well and hope to do so long into the future. In Australia, the brokerage firm is regulated by the Australian Securities and Investments Commission (ASIC).

I like how they have been around for a long time and established themselves as an innovative broker with unique features not available elsewhere. The platforms and tools are very flexible to suit all styles of trader whilst there is a decent choice of trading instruments across multiple markets. They have won multiple awards and are under strict regulation which can help to give clients https://traderoom.info/ peace of mind they are using a broker that can be trusted. That being said, I wasn’t able to use my scalping strategy on a live account so I couldn’t take advantage of the fixed spreads that were being promoted. You have a choice of four trading platforms with the easyMarkets web trading interface offering a simple way to trade the markets accompanied by some nice-to-have features.

The e-wallet deposit and withdrawal options offered charges fees ranging from £1 to £1.5 of the transacted amounts. All withdrawal fees are charged by third-parties as the broker charges no levies on such transactions. Traders can access a significant collection of exotic assets, which are mainly cryptocurrencies and options.

This means that the broker does not manage the order and hence cannot protect you from any potential market moves that take you into negative equity. Of course, leverage is a double-edged sword and you want to make sure that you have implemented the correct risk management procedures to limit potential downside potential. Forwards are some of the most popular financial instruments used by large institutions in order to hedge out the risk of future currency deals. They are also used by speculators to bet on the price of a currency in the future. There are also single stock assets available to trade at easyMarkets. These spreads are also quite reasonable, and we won’t go into them here.

Leave a Reply

Your email address will not be published. Required fields are marked *

image desccription
Top Energy Solutions have continually found us the best prices and with their dedicated account managers resolve all our problems and issues allowing us to run our business in the knowledge that we are paying the most competitive prices. We recommend them to all business users
I have found Top Energy Solutions to be hugely efficient and time saving for me, let alone the great savings they have achieved for us over 3 sites for our electricity and gas supplies. The advice has always been clear and concise and they have taken away any headache that migh
I am a Happy Top Energy Solutions customer. I have been received scheduled bills starting from my connection. Then, with a wonderful promotion stating Bag a discount on our services if you could refer a friend to us. I will love to suggest to my friends