easyMarkets Review 2023 – Pros and Cons

UPDATED ON :

easyMarkets is a global forex and CFD broker that provides online trading services to clients from over 160 countries. The company was founded in 2001 with the goal of making online trading accessible to everyone, regardless of their level of experience.

easyMarkets has offices in multiple locations worldwide, including London, Warsaw, Sydney, and Limassol. The company is regulated by multiple financial authorities, including the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Conduct Authority (FCA) in the UK.

easyMarkets

Brokers Name

easyMarkets

Regulation

CySEC, ASIC, FSA-Seychelles, B.V.I FSC

Established

2001

Headquarters

British Virgin Islands

Trading Desk

Market Maker

USA Clients

no

24H Support

Yes

Weekend Support

no

Website Language

English, Japanese, Polish, Arabic, Chinese, Spanish, Italian, Portuguese, German

Account Details

Accounts

VIP, Premium, Standard, Professional

Min. Deposit

$25

Base Currencies

AUD, CAD, EUR, GBP, JPY, NZD, PLN, SEK, USD, ZAR

Leverage

1:500

Spreads

0.8 Pips

Fixed Spread

Yes

Margin Call / Stop Out

50% / 30%

Trading Platform

MT4, MT5, TradingView, Mobile App, easyMarkets Platform

Trading Instruments

Commodities, Stock CFDs, Forex, Indices, Metals, Cryptocurrency

Pros

  • User-friendly trading platform
  • Fixed spreads
  • Wide range of trading instruments
  • Negative balance protection
  • No commission fees on trades

Cons

  • Limited research and analysis tools
  • Higher spreads compared to other brokers
  • Limited cryptocurrency trading options
  • Limited educational resources for beginners.

Trading Features

Commission

Yes

Mini Accounts

no

Standard Accounts

Yes

VIP Accounts

no

Pro Accounts

Yes

Islamic Accounts

Yes

Segregated

no

Managed Accounts

no

Demo Accounts

Yes

Trading Services

Hedging

Yes

News Trading

Yes

Scalping

Yes

Automated Trading

Yes

Trading Signals

no

Educational Service

Yes

Copy Trading

no

Mobile Trading

Yes

Trading Markets

Indices

Yes

Forex

Yes

CFDs

Yes

Commodities

Yes

ETFs

Yes

Stocks

Yes

Bonds

Yes

Crypto

Yes

Funding

Deposit

Visa, MasterCard, Maestro, AstroPay, Bank Transfer, BPay, Neteller, Skrill, FasaPay, STICPAY, WebMoney, Bitwallet, PerfectMoney, UnionPay

Withdrawal

Visa, MasterCard, Maestro, AstroPay, Bank Transfer, BPay, Neteller, Skrill, FasaPay, STICPAY, WebMoney, Bitwallet, PerfectMoney, UnionPay

Contacts

Phone

+1 (217) 200-2416

Email

support@easymarkets.com

Address

Trinity Chambers, PO Box 4301, Road Town, Tortola, British Virgin Islands

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