Top Options
90/ 100
Type of Broker: Market Maker
Payout: N/A
Min Deposit: $100
Min Trade Amount: $25
US Clients:
Free Demo Account:
Max Trade Amount: Unlimited
Leverage: 1:100
Fees:
Fees: No fees charged
Number of Assets: >200
Types of assets: Commodities|Forex|Stocks|Indices|Vanilla Options
Option Types: Vanilla
Expiry Times: N/A
Charting Package:
Trading Signals:
Market Analysis:
Education: Yes

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Full Review

EasyMarkets is a platform which provides outstanding forex education, like how to trade forex, and multi-faceted financial market trading. Find out more about its operations.

Introduction

EasyMarkets (formerly Easy-forex) is an online market maker brokerage firm that offers traders access to global markets by providing financial instruments such as forex contracts, contract for differences (CFDs), commodities indices, and vanilla options. The company has managed to build its client-base from over 160 countries in the world by offering services that are hard to find in other online brokerage firms. The company’s success comes from it offering traders an innovative trading platform that features all the trading essentials a reliable brokerage should have. The broker has received various awards in recognition of its outstanding services. The company underwent a rebranding from Easy-Forex to EasyMarkets in 2015.

Regulation

EasyMarkets is regulated and authorized in two jurisdictions:

  • Cyprus, where the brand operates from. Here, the parent company is regulated and licensed by the Cyprus Securities Exchange Commission (CySEC). EasyMarkets operates under Cyprus Investment Firm (CIF) license number 079/07.
  • EasyMarkets is regulated in Australia by the Australian Securities and Investments Commission (ASIC) and functions under number 246566.

Is EasyMarkets Legit?

Traders have frequently asked questions about the legitimacy of EasyMarkets. So, we would like to state that EasyMarkets is not a scam broker. Our reasons are as discussed below:

  • EasyMarkets separate’s clients’ deposits from working capital by keeping them in top-tiered banks for maximum safety. The banks where these funds are held aren’t made public for security reasons.
  • The company has earned a reputation for its transparency and simplicity, winning many awards along the way.
  • EasyMarkets has been able to maintain an unblemished record as regards to regulatory compliance. Considering the fact that the firm has been in the financial space since 2001, keeping such an impeccable record in the long term is no mean feat.
  • EasyMarkets lets traders freeze price quotes temporarily to allow them to decide on the viability of a trade. The few seconds it allows traders can help them to avoid making a losing trade.
  • EasyMarkets has three major, dedicated customer support centers designed to cater to clients worldwide. The European support center is located in Limassol, Cyprus; the Asian one is in Sydney, Australia; while the rest of the world is supported by the Marshall Islands based customer support center. As a result, traders can rest assured of receiving excellent service delivery that caters to their trading needs.

EasyMarkets Legit Trading Software

EasyMarkets provides its clients essential trading platforms that include:

  • EasyMarkets web-based trading platform. This trading system is an order execution type platform that is reduced to essentials. It delivers functionality that cannot be found on other trading platforms. Such features include the ability to freeze quotes as well as Inside Viewer. The Freeze Quote feature allows traders to lock in a quoted price for few seconds, allowing them a short period during which they can decide whether to enter a trade or not. The function helps allow traders to execute trades in a casual and relaxed manner.
  • EasyMarkets MetaTrader 4 trading platform. EasyMarkets offers industry standard MT4 platform to allow their traders some degree of versatility. It features a broad range of tools designed to improve clients’ trading ability. Also, the platform comes with an integrated programming language that lets traders develop personalized Expert Advisors (EAs) based on their own trading strategies.
  • Mobile trading platform. EasyMarkets offers mobile-adapted platforms across a wide range of mobile devices including Android, Blackberry, Windows, and iOS.

EasyMarkets App’s Special Trading Tools

EasyMarkets offers the following trading tools:

  • Charting tools. EasyMarkets provides line and candlesticks charts. These trading tools help provide an instant sentiment read on the markets. The charts help equip traders on the EasyMarkets platform to predict price movements in the markets. The charting tools help guide traders’ trading decisions.
  • Economic calendar. EasyMarkets offers an economic calendar in real time. This tool covers all market-moving events and releases. Traders can use it to track economic announcements, both actual and forecasts, that might affect market outcomes.
  • Currency rates tool. This tool helps traders to calculate currency rates, get historical rates, and read forex news.
  • Educational tool. EasyMarkets provides a comprehensive learning portal for all levels of traders. The learning center consists of videos, eBooks, glossary, as well as training articles for all cadres of traders.

Asset List

EasyMarkets covers the following range of products:

  • Soybeans, Brent Crude, gold, silver, coffee, corn, cocoa, wheat, natural gas, gasoil, copper, platinum, palladium, among others.
  • These include France 40, USD Index, China 50, Australia 200, etc.
  • Vanilla options. This category consists of AUD/NZD, EUR/JPY, EUR/CHF, GBP/AUD, GBP/JPY, NZD/USD, USD/CAD, etc.
  • EasyMarkets allows the buying and selling of currencies like USD, GBP, EUR, JPY, CAD, NZD, AUD, and CHF.

Transaction Methods

Deposits and withdrawals on the EasyMarkets platform are made through the following channels:

  • Credit/Debit Cards. Deposits and withdrawals on EasyMarkets can be done using Cards such as VISA and MasterCard.
  • Bank Transfer. EasyMarkets supports bank transfers for sending funds across the platform.
  • Digital Wallets. EasyMarkets also supports e-wallet payment alternatives such as Skrill, Webmoney, and Neteller.

Customer Support

EasyMarkets offers customer support services 24/5 via email, live chat, phone, fax, or direct contact through the company’s global network of offices. Support is offered in several languages so that non-English speakers are carried along. The languages are Arabic, French, Chinese, Italian, German, Polish, Greek, Spanish, and Russian.

Conclusion: EasyMarkets is Not a Scam

EasyMarkets is a legit trading software solution. It scores high on transparency and easy conduct of trades, thanks to a highly responsive and supportive trading platform that offers a lot more than just a trading avenue. The company adopts a strict risk management procedure aimed at protecting clients’ funds. Customers’ funds are segregated and kept at reputable banks. One of the things we like so much about the broker is that the educational section is fully comprehensive, which helps traders learn faster. The trading platforms on offer are easy to set up and use. There are multiple page categories each featuring platforms, products, promotions, tools, partners, learn, and About Us. For a safe and reliable trading experience, we recommend them to everyone, with no reservations whatsoever.