Easy Markets Review

Easy Markets Review

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Easy Markets Highlights:

  • Education is great with EasyMarkets
  • Start trading with as little as $100
  • Fast and easy deposit procedure
  • Dedicated account manager

Easy Markets delivers top-notch services to its FX clients. Easy Markets runs its operations from its head office in Limassol Cyprus, other key locations in the United Kingdom, Poland, Shanghai, and Australia, alongside client help desks in more than 160 global locations. Easy Markets positions itself as a market maker, with its liquidity pool being The Royal Bank of Scotland (RBS) and UBS (Switzerland).

Account Types

In addition to the demo account offered by EasyMarkets, there are 3 different real accounts – standard, standard 1 pip, and VIP.

All of the accounts have the same basic offering which includes the full welcome and education package.  Upon signing up, you will receive a dedicated Client relationship manager, a platform tour, education to get you started, access to technical reports with an introduction of how to use them, fundamental analysis introduction and free trading signals.  This foundation shows that EasyMarkets is ready to make an investment in education and ensuring you get started well.

The differences in the accounts are the spreads and the minimum deposits, with some additional features on the VIP accounts.  The minimum deposits and spreads are as follows:

  • Standard Account –  $100 minimum deposit with a 3 pip minimum floating spread.
  • Standard Account 1 pip – $250 minimum deposit with a 1 pip minimum floating spread.
  • VIP Account – $2500 minimum deposit with a 1 pip minimum floating spread.  The VIP account offers a personal analyst, SMS updates and access to express withdrawals.

Islamic Trading Accounts (Swap-free) are available, thereby allowing sharia-compliant traders to engage unhindered.

Regulatory background

Easy Markets is regulated by CySEC, 079/07 in Cyprus, MiFID in Europe, ASIC in Australia with the Australian Financial Services (AFS) License #246566. Starting July 2010, Easy Markets withdrew from the NFA and as a result, no longer accepts clients from the U.S.

Funds Safety

Easy Market’s has been around for over a decade, and in that time has grown to be one of the most consistent and dependable forex firms in the industry. Clients can attest to Easy Market’s safe and rigorous trading ecosystem as a result of its well- structured security network.

Easy Market’s also uses VeriSign along with the state-of-the-art SSL encryption for the secure transmission of client data. Barclaycard, a trusted credit card company, handles all its credit card clearance.

Easy Market’s deploys an internal auditing system designed to protect its clients from falsified activities. This process is carried out by HLB Cyprus, a well-known accountancy firm in Cyprus,

Broker Fees

Fees on Easy Markets are in the form of spreads, which vary in the different account types.

Trading Platform

Easy Markets employs the popular Metatrader4 and a web-based platform (that eliminates the need to download a client) as well. Also available is the MT4 mobile that allows trading on Android and iOS devices, and also the EasyMarkets mobile app that allows for research, price quotes and placing orders.

 

Conclusion

EasyMarkets is a major player in global online forex; a steadfast and is a credible broker, leading in delivering innovative trading solutions.  They put a lot of focus on ensuring that the trader gets the education and the welcome they need to be successful, and do well on this platform.

My name is Robert Okeke and I am the thoughts and opinions behind this website. A number of years ago, I started reading about the economy here in Nigeria and the impact the world economy has on the way our currency and commodity prices change over time. I have always had an interest in statistics and mathematics, so this was a very appealing area for me to study.