However, we would like to clarify a couple of points you have made.Our offering on MT5 is variable spreads and on EURUSD for example the spread starts at 0.7 pips. This is the fifth decimal place which is fraction (1/10th of a pip).This can rise to 1.1 pips during the trading sessions as you have observed but interpreted incorrectly. However, the broker does not provide Virtual Private Server (VPS) hosting for low-latency trading, and the platform’s lowest timeframe is 1 minute, which may be too high for scalping. The broker provides extensive research content focusing on mid- to long-term strategies, including its comprehensive Victory Vanguard blog.
Reports related to EasyMarkets
This panel contains the live prices and symbols of popular instruments traded on easyMarkets. Traders can search for a particular instrument via a search box, or navigate by category through the different asset classes. The platform’s main trading screen gives traders access to more than 200 different instruments in one tab. The web-based platform allows traders to navigate between different trading instruments. This increase reflects the ongoing appeal of Nasdaq, as it allows traders to benefit from the overall performance https://traderoom.info/easymarkets-introduction/ of the technology sector without focusing on specific stocks.
It made me rate this company well for his prompt response to my inquiries. He made me decide to finally do business with Easymarket. He is professional to the core judging by how he handled his work and customers.
- This easyMarkets review also explores the broker’s cross-platform trading applications on desktop and mobile, if available in .
- Easy Forex Trading LTD is authorized and regulated by the Cyprus Securities & Exchange Commission (CySEC).
- Live chat for support is not working, tried using a different browser but it still doesnt work, the chat dialog keeps loading.
- The broker also has a professional trading account for seasoned traders.
- Regulation is the most important consideration when choosing a broker.
- I found that spreads vary but generally beat the industry average.
Account Types and Terms
However, the lack of a raw spread account and higher-than-average spreads on some instruments, such as Bitcoin, are notable drawbacks. Despite this, easyMarkets caters well to traders of all experience levels. Established in 2001 and based in Cyprus, easyMarkets is a market maker licensed and regulated in multiple jurisdictions, offering over 230 CFDs and vanilla options. This includes a trading course for beginner traders, free ebooks, a glossary, and a range of educational videos and platform tutorials.
This variety gives clients a well-rounded perspective on major market trends and emerging trading setups. EasyMarkets clients can also connect their accounts to TradingView and place orders directly from the platform. In my estimation, TradingView has the best charting capabilities of any platform, making it the perfect solution for chart artists. It features over 150 analytical cools and chart configurations. I reviewed Easy Forex Trading Ltd’s legal documents and found everything to be in order. The information is clear, readily available, and easy to understand.
We champion verified reviews
- Traders can also chart each instrument on multiple time frames.
- EasyMarkets customer support may be reached via phone, e-mail, live chat, or assorted messenger apps.
- Client accounts that have not had transactions for twelve consecutive months are considered dormant.
- As is the case with all brokers, the trading environment favors broker income over traders’ profits.
- The quality tapers off from here, however; traders may download nine eBooks, but the Knowledge Base is nothing more than an FAQ section.
- Freeze Rate allows traders to freeze the displayed price for a few seconds and provides evidence of a simulated trading environment within the easyMarkets webtrader platform.
- EasyMarkets appears to be a solid brokerage on the surface with impressive operational statistics.
Under the menu, there is another “Deposit Funds” option along with a demo/live account toggle and live chat functionality. EasyTrade also offers Vanilla Options with Forex instruments. Once traders download the app, they are welcomed with ready-to-trade demo. Withdrawals via bank transfer require a minimum of €/$/£50 to be withdrawn. See this list of easyMarkets instruments for up-to-date maximum leverage allowances. Provided that easyMarkets accepts traders from , you can follow the below instructions to verify your account.
Support hours are not provided, but normal business hours are assumed. Overall, we were satisfied during this easyMarkets review to see that customer support appears easily accessible, if needed. EasyMarkets provides a dedicated division for research and education. The research category is divided into six sections, though only the blog is original content; the other five sections are simply a collection of data not created by this broker.
Traders can switch to a demo account by shifting the Live/Demo toggle at the bottom of the hamburger menu — both on desktop and mobile. These offerings are more extensive than the base currencies that are accepted by many competitor platforms. As of recently, easyMarkets is regulated by the Australian Securities and Investments Commission (ASIC), which also requires all adherents to follow strict security protocols.
Client Relationship Manager was very efficient to communicate and made sure i received my funds. We strive to always improve our service and your kind words encourage us to continue this way. Thank you, we appreciate you taking the time to leave your feedback. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. Some regulators mandate compliance with the strictest financial frameworks, while others are less rigid. That is why traders must familiarize themselves with the safety mechanisms ensured by the entity they want to open an account.
The blog is the sole section where easyMarkets provides in-house content. On the whole, the research section is quite unremarkable, and the market analysis section is sorely lacking in substance and could do with a complete overhaul. The Freeze Rate feature allows traders to freeze the displayed price for a few seconds, in theory to allow for the entry of trades. In practice, this offering is similar to one-click and automated trading, as provided in the MT4 trading platform, though the MT4 offerings are far superior.
So we can easier to keep track of my trade and decide what need to do after that.It would be a lot of help if they add those functions into the app. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. TradingView also represents the biggest hub for social and copy trading. EasyMarkets clients can publish their own trading ideas or replicate the trades of other members of the biggest social trading network in the world. In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.