Easy Markets Review
- Well established being started in 2003.
- Licensed and regulated by both CySEC and ASIC.
- Offering CFDs, Forex and Vanilla Options.
- Uses encryption methods similar to banking institutions.
- Free signals.
- Top of the line customer service.
- Huge range of educational resources.
- Low minimum deposit… $100.
- Negative balance protection.
- Demo account.
- Islamic accounts.
- Islamic accounts.
- With their high standards, EasyMarkets has very few cons.
You may not be familiar with the name EasyMarkets because a re-branding happened in 2015. What used to be the popular Forex trading broker called EasyForex added other trading assets and decided to change their brand name to EasyMarkets.
Founded in 2003, EasyMarkets has been a reliable broker and is licensed and regulated by CySEC and the Australian ASIC.
EasyMarkets is headquartered in Cyprus.
I mentioned that the company expanded from just Forex trading. EasyMarkets now offers CFD, Vanilla Options as well as Forex trading.
With a low minimum deposit of $100, traders can install funds in their account through a wide variety of methods:
- Credit cards
- Bank transfers
- Ewallets
- and even through WeChat
EasyMarkets offers a plethora of educational material as well as a demo account so you can get adjusted to the trading platform before risking your own money.
EasyMarkets has 4 languages to choose from:
Traders in the following countries cannot use EasyMarkets: United States of America, Israel, Iran, Syria, Afghanistan, Myanmar, North Korea, Somalia, Iraq ,Sudan, British Columbia, Ontario and Manitoba.
EasyMarkets Trading Platforms
Traders have 2 choices in the trading platform they will utilize at EasyMarkets.
The company uses the downloadable Meta Trader 4 system or investors can trade online with EasyMarket’s own proprietary trading platform.
Both platforms allow traders to receive free signals, market news and a financial calendar.
What’s more, EasyMarkets also have apps for mobile devices with support for iOS, Android, Windows and Blackberry.
More and more traders use mobile apps, so this is a great feature.
EasyMarkets Trading Markets
As I said, EasyMarkets now has CFD trading and Vanilla Options on top of Forex trading.
They offer trading in over 300 various market assets. CFD trading has a leverage of 1 – 400.
Some advantages with EasyMarkets is the risk-free trading option where you can cancel a trade within 60 minutes if the trade looks to be going against you.
With Vanilla Options, you can be in control of customizing your expiry times.
EasyMarkets Customer Support
EasyMarkets is always focused on the client. They offer live chat for your convenience. You can also contact customer support by email or any of their office phone numbers that are available in contact information on their website contact page.
EasyMarkets Security & Fairness
EasyMarkets abides by all regulations handed down by regulatory agencies in regards to anti-money laundering. As such, before you can withdraw funds, you will have to supply EasyMarkets with compliance documents to ensure compliance with regulations. They will consist of:
- A government issued photo identification
- A recent utility bill showing your name and address
- And, if a credit card was used, a copy front and back with all but the last 4
- numbers blacked out.
Being licensed and regulated by CySEC and ASIC, EasyMarkets follows regulations by the book which makes their trading system safe and fair for all.
- Does not accept traders from the United States of America, Israel, Iran, Syria, Afghanistan, Myanmar, North Korea, Somalia, Iraq ,Sudan, British Columbia, Ontario and Manitoba.
- Only 4 languages available.
EasyMarkets Summary
When we look at the reviews and comments about EasyMarkets, it seems everything is for the biggest part, positive.
This is because EasyMarkets follows all rules and regulations in a tight and strict manner.
This broker has won many awards including:
- 2013 Investor’s Most Trusted Forex Broker – JRJ.com
- Best Trading Platform UK 2016 – Global Banking and Finance Review
and many more.
If you are looking for a dependable and trustworthy broker for CFD, Forex or Vanilla Option trading, EasyMarkets is a wise choice. And because of its simplicity, even new traders feel comfortable at EasyMarkets.