Overview/Background
easyMarkets was established in 2001 with the goal of providing traders with an easy, reliable and safe trading experience. This online broker serves traders in over 160 countries. A wide range of tradable assets is available, numbering 200+ in total. These include options, metals, Indices, currencies and commodities. Additionally, the educational services at easyMarkets are world-class, with Introducing Broker programs, Partner offerings, Dealing Room specialists, Forex training programs and more. In 2017, the broker introduced the dealCancellation tool, enabling traders to cancel a trade within 60 minutes – a great tool to reduce risk. This online broker is licensed by CySEC (Cyprus Securities & Exchange Commission). This online broker is also licensed by ASIC in Australia, with offices in Sydney, Shanghai and Limassol.
Account Types
For International users: At easyMarkets there are three basic account types. These include the standard account, the premium account and the VIP account. The standard account does require a minimum first deposit of $100. The minimum transaction size is 0.01 lot and 0.05 lot on the Web/App. Traders can enjoy fixed spreads from 1.9 pips. Premium accounts feature a minimum first deposit of $2,000 minimum transaction size is 0.01 lot and 0.5 lot on the Web/App. Fixed spreads are from 1.4 pips. VIP accounts require a minimum first deposit of $2,500 and a minimum transaction size is 0.01 lot and 1 lot (negotiable) on the Web/App, and there are fixed spreads from 0.9 pips.
For EU Region: All users are under VIP accounts with a minimum deposit of $100. The minimum transaction size is 0.01 lot and 0.05 lot on the Web/App. Traders can enjoy fixed spreads from 0.9 pips & Max leverage of 30:1.
Trading Platform/Software
Web Trading, Platform, easyMarkets MT4 & MT5 Platforms, Vanilla Option Platform and mobile app. Further, we provide trading signals, inside viewer, financial calendar.
MT5 is one of the most powerful multi-asset platforms available to traders. Building on from the popular MT4, the latest MetaTrader platform has some great new features, including faster processing speeds, more advanced chart indicators and a built-in economic calendar.
The Metatrader 5 platform is also highly customizable, with the option to customize symbols, advanced charts and indicators.
The trading platforms at easyMarkets include a Web Trading Platform, Vanilla Option Platform and mobile app. Further, they provide trading signals, inside viewer & financial calendar. The Web Trading Platform runs off any computer and it is available in multiple languages. Traders can access their accounts 24/7 and enjoy a wide range of tradable assets. The easyMarkets platforms offers in-depth analysis to traders. With some 85 indicators available and 2 decades of back-testing, this platform is expertly designed for maximum functionality and efficacy. Traders wanting to take their trading on the go will enjoy the iPhone trading platform. It includes charts, currency rates, financial calendars and more.
easyTrade –
easyMarkets has officially launched its latest trading innovation – easyTrade. Based on diverse vanilla options, this new product allows easyMarkets clients to trade without margin requirements, high leverage, in a way that is compliant with ESMA regulations and features zero spreads.
It also simplifies trading to just three steps – choose your maximum risk, the duration of your trade and decide whether the rate will go up and down.
Simplified trading allows novice traders to trade without distractions or extra (unnecessary for their level of experience) functions. Experienced traders benefit from the ability to place a trade quickly when markets move and use easyTrade as an effective hedging tool.
Deposit Options
Traders at easyMarkets can make deposits via Wire Transfer, or credit card. easyMarkets currently accepts 12 currencies on its trading platforms.
Markets
The range of products at easyMarkets includes currencies, metals, energy commodities, agricultural commodities, indices, and options. Energy commodities include heating oil, natural gas, Brent crude, gasoil, WTI Crude oil. Agricultural commodities include soybeans, wheat, cocoa, cotton, corn, coffee, and sugar. Metals include copper, silver, gold, platinum and palladium. Indices such as Australia 200 Index, France 40 Index, China 50 Index and USD Index are available. Vanilla options include AUD/NZD, EUR.CHF, EUR/JPY, GBP/AUD, GBP/JPY, NZD/USD, USD/CAD and more. Currencies include USD, EUR, GBP, JPY, CHF, CAD, AUD, and NZD.
In total easyMarkets offers traders the following:
103 Forex Pairs (Majors & Minors, Exotic currencies)
37 FX Forwards
3 Cryptocurrencies (such as Bitcoin, Ripple, Ethereum)
21 currency/metal crosses (such as Gold, Silver, Platinum, Palladium and Copper)
15 Indices (such as S&P 500, FTSE, NIKKEI, DAX, NASDAQ, USX, ESX, DOW)
5 Energy Commodities ( such as WTI Crude, Brent Oil, Heating Oil, Gas Oil and Natural gas)
7 Agricultural Commodities (such as Wheat, Soybeans, Corn, Cotton, Coffee, Sugar, Cocoa)
52 Shares ( Which include among others, Facebook, Netflix, Tesla, Ford, Amazon ,Alibaba. Adidas, Bayer)
30 Vanilla options pairs
Bonuses
(*Does Not Apply to EU Residents)
easyMarkets offers multiple forex promotions to traders. These include the following promotional offers:
- 50% bonus on your first deposit up to $2,000
- Refer a friend bonus offer
- Promotional offers for introducing brokers and affiliates
Additional Special Offers
(*Apply to EU Residents)
- Deal Cancellation Within an hour means you can cancel a bad trade within an hour (T&C Apply).
- 1 PIP Account – Ask your representative.
Customer Support
Customer support is available via several convenient methods, including the following:
- Email (customer support, technical support, introducing brokers/offline partners, online affiliates, complaints)
- European Headquarters in Cyprus and Asia Pacific Headquarters
- Telephone contact info in Cyprus and Australia
Safety
There are several ways that easyMarkets protects trader funds. These include segregation of funds, reputable bank accounts for clients and operations, supervision of all capital adequacy requirements, and stringent risk management. This online trading site is regulated by CySEC and it follows all reporting requirements as mandated by the financial authorities in Europe, and Australia.
Additionally, in 2017 easyMarkets introduced the new dealCancellation tool.
One of the industry’s most innovative tools which allows you to trade risk-free. Give yourself a one, three, or six-hour margin to cancel your order when the markets are moving against you. dealCancellation gives your trades an unprecedented edge in the dynamic and exciting financial markets. Here is what this amazing tool can offer you.
- Trade Events Without Fear of Unpredictable Market Movements
- Make Bigger Trades – You Can Just Undo Them
- Protect Your Funds from Runaway Loses
- Use With Other Risk Management Tools
Ease of Use
A state-of-the-art trading platform at easyMarkets makes it really easy to get set up and start trading online. Multiple category pages are available, including products, platforms, promotions, learn, partners, tools, and about us. Once you have set up an account, it’s a simple matter of funding that account and starting to trade at easyMarkets
Final Thoughts
For newbies starting out in the world of forex or commodities trading, easyMarkets is an absolute breeze to trade at. The trading platforms include Metatrader 5 and MT4 platforms which offer terrific functionality and ease of use. The range of bonuses and promotional offers is substantial and covers friend referral bonuses, first deposit bonuses and risk-free trading among others. For a safe, secure, and reliable trading experience – easyMarkets is a top contender for traders.
