Easy Markets does not have a leverage table but if you want to know exactly how much leverage a particular asset provides, you can calculate it on the trading platform. For example, with a Bitcoin trade, we noticed that the for 1 Bitcoin exposure at a price of $8,300 we would need to put down $166. When it comes to easyMarket’s spreads, they differ quite a bit and will depend on a few factors. This includes things such as your account, the platform used and the asset / instrument traded.
easyMarkets Customer Protection
You just need an internet connection to get quick and easy access to the world of financial markets from within the palm of your hands at any time. Depending on your goals and strategy, easyMarkets trading software offers you a variety of trading options. You do not need to exit the application to get live market news and prices. The versatile and customisable easyMarkets app offers you various ways to trade the markets.
Spreads and Commissions
Traders can easily switch between the demo and the live trading accounts. The platform’s main trading screen gives traders access to more than 200 different instruments in one tab. Traders wanting to execute forwards or vanilla options trades will need to use the desktop trader accessible via web or alternatively, the MT4 trader. This easyMarkets review also explores the broker’s cross-platform https://traderoom.info/easymarkets-introduction/ trading applications on desktop and mobile, if available in . If you’re an advanced or expert forex trader and looking for features such as Expert Advisors (EAs) then easyMarkets may not be suitable for your needs. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.
Does easyMarkets charge an inactivity fee?
- There is also the option of quickly cancelling a trade in case you made a mistake.
- In order to get there you will need to head on over to the main menu and hit «options».
- Accounts with easyMarkets are available to the residents of most countries, though there are a few notable exceptions.
- They are overseen by some of the most respected regulatory bodies in the form of CySEC and ASIC.
- By covering transaction costs for its clients efficiently and economically, Easy Markets facilitates a seamless banking experience while ensuring hassle-free fund management services.
I had some issues registering and one of your staff, Mr David was very helpful and professional in his approach. 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. You won’t be charged fees when you make deposits or withdraw money from your trading account, which is a major benefit because other brokers charge for those services.
Excellent Customer Service
EasyMarkets complies with all regulatory provisions to secure its client’s funds and Investments. You must submit a withdrawal request to transfer your money to your bank account. The available withdrawal methods are credit or debit cards, wire transfers, and eWallet. This easyMarket review affirms that the broker is well-regulated and licensed by multiple reputable financial authorities. Its strong commitment to regulatory compliance births its high level of transparency.
This tool could be a big deal for mature traders who know how they can reap the benefits out of it. Others may find it to be a bit of a fad that is just used to lure in new traders. I can see it how would have its uses but I think losing trades are a part of any successful trading strategy as mad as that sounds. Yes, the “Payout Target.” With Payout Target, you can now automatically close your trade once it reaches your predetermined price. To use the new feature, go to the easyMarkets web platform or the iOS / Android mobile app, select your open position, and click the ‘edit’ icon to configure and activate it.
Trading accounts can be set up for as little as $200, which comparatively is extremely affordable. Customers also are quite fond of the multitude of payment options and fast payouts, citing very few issues or difficulties. Good-quality research can be found, but the quantity of research doesn’t measure up to what’s offered by the best forex brokers. Likewise, educational materials are limited to a video course and a handful of ebooks. With less than 300 tradable symbols available, easyMarkets is at a disadvantage compared to peers in its offering of investments. The safety features comprise zero slippage, fixed spreads, guaranteed stop loss and negative balance protection.
I like that it can be customised in a way that works best for each user, rather than being limited to one specific layout. Clients get unlimited access https://traderoom.info/ tolearning materials from easyMarkets Learn Centre. Its education programs andmaterials are designed for both beginners and advanced traders.
Rollover fees are also applicable at various rates as is standard with all brokers. All information on The Forex Geek website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee.
This means that you will be trading with leverage and can magnify your gains / losses. The first thing to note about the VIP status is that it can attained with a relatively low initial deposit. Compared to many other brokers which require $20,000 plus, easyMarkets has a pretty strong selling point at $2,500. When you trade with easyMarkets, the user interface is much the same as a binary option.
For example you can plot out the option graphs and run pay-out scenarios based on the price. 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. Keeping true to the «easy» mantra, the easyTrade feature is perhaps one of the simplest ways for a new trader to start using the broker. From a technical perspective, this is very much the same as a vanilla option. For those of you who like to trade slightly more exotic instruments, easyMarkets has their own entire vanilla option offering.
Dear Abraham Ng’ambi, We are delighted to hear about your positive experience with easyMarkets. There is no minimum amount you have to withdraw from your trading account to credit/debit cards or eWallets, but when you make a withdrawal to a bank account, the required minimum is $50. The typical withdrawal processing time is one business day, and withdrawals must be made to the same account you originally deposited funds from. If the position reaches your stop-loss level within 6 hours of entering a trade and dealCancellation is active, you take no loss from that transaction and just pay the dealCancellation fee. EasyMarkets offers trading on its innovative proprietary web-based platform and its intuitive mobile app for Android and iOS.