‎easyMarkets Online Trading on the App Store

However, there are competitors with even lower spreads. For example at easyMarkets the EURUSD spread is 0.8 pip. Traders have plenty of choices, which include bank wires, credit and debit cards, Skrill, Neteller, Sofort, and several regionalonly options.

Employees at easyMarkets

We really liked that the platform integrates directly with TradingView. 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. 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.

EasyMarkets does not impose any fees on trading whatsoever. No commission is charged on trades and users do not have to pay any fees to access certain features on the platform. 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. EasyMarkets has a history as one of the most innovative https://traderoom.info/easymarkets-introduction/ brokers in the industry and was the first broker to introduce negative balance protection and a guaranteed stop-loss.

The processing times are listed between instantaneously and five business days, and the overall selection of payment options is solid. As required by its regulator, the name on the easyMarkets account and the payment processor needs to be the same. All features listed, with the exception of a personal analyst, are equal to what is provided in the easyMarkets webtrader. A professional account is available if at least two of the broker’s three requirements are satisfied.

1. However, it lacks materials for advanced traders and doesn’t offer webinars or live education.
2. It is the sole shareholder and ultimate parent entity of all easyMarkets entities.
3. However, live account holders have access to an unlimited demo.
4. In my experience, the really important aspect of a chart is how easy it is to scale price action up and down.

Their range of instruments isn’t as big as some of their competitors. In fact, you can only trade a little over 250 instruments there. So, over the years, they’ve honed this platform to meet the needs of their clients.

It has continued to innovate with tools such as easyTrade, Freeze Rate, and dealCancellation to help traders manage risk. Trading is offered on its beginner-friendly proprietary platform as well as MT4, and easyMarkets allows scalping, hedging, and algorithmic trading. Founded in 2001, easyMarkets is a well-regulated market maker with no dealing desk intervention.

Spreads and Commissions

The platform offers multiple trading modes, setting it apart from other retail systems. In addition to its unique features, easyMarkets also supports the widely used MetaTrader 4 and MetaTrader 5 platforms. Alternatively, clients of easyMarkets can trade directly on TradingView. Chris manages the relationships with our partners to provide the best Forex trading experience possible for our users.

Here is the list of Top 10 competitors of EasyMarkets, ranked by Tracxn score :

EasyMarkets offers more than 200 CFD products across six different asset classes, namely, cryptocurrencies, commodities, metals, indices, currency pairs, and shares. CFDs can be traded by day trading, pending orders, forwards trading, or options. EasyMarkets users can trade CFDs on both desktop and responsive devices.

This easyMarkets review also explores the broker’s cross-platform trading applications on desktop and mobile, if available in . Traders have access to over 200 markets including spot trades, forwards, and options. EasyMarkets announced strong performance in the third quarter of 2024, which manifested in significant increases in trading volumes of major financial instruments.

1. 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.
2. Mr. Pines has traded on the NYSE, CBOE and Pacific Stock Exchange.
3. Additionally, the broker has issued a ‘best execution policy,’ legally mandating them to provide optimal price quotes under current market conditions.
4. The company also has a marketing office in Shanghai, China.
5. This broker additionally levies excessive mark-ups on spreads.
6. Lawrence has served as an expert witness in a number of high profile trials in US Federal and international courts.

In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. Based on your selection, you will register for an account with EF Worldwide Ltd, which is authorised and regulated by the Financial Services Authority of Seychelles (License Number SD056). User-Friendly Interface for users of all experience levels.

Desktop Platform Review

Like the MT4 VIP Account, there may be slippage, and the Guaranteed Stop Loss tool is unavailable. EasyMarkets offers seven different account types, with trading conditions that vary depending on the platform chosen. Nonetheless, the resources available to traders, as well as the account perks on offer, are highly competitive. Spreads might not generally be the most compelling on the market, but that’s why their premium and VIP accounts are so alluring. Overall, easyMarkets is a safe, trustworthy platform that has something to offer beginner and veteran traders alike. The minimum deposit amount is, unfortunately, on the higher end of the spectrum.