➡️Indices – Overall, the broker provides 27 indexes, allowing traders access to global markets and economies without the need to trade individual companies. For seasoned traders who want a high-quality trading experience, the Web/App VIP Account is ideal. You must deposit at least $10,000 to qualify for this premium service.
- You are our top priority and we do our best to keep you happy and satisfied at all times.
- However, the instruments on these crypto exchange are futures instruments that charge a commission (where easyMarkets charges none).
- The easyMarkets Professional account features spreads from 0.5 pips, which is 20% higher than the industry standard of 1 pip, on the MT5 account.
easyMarkets Islamic Account
The options trading function also offers a unique insiders look that allows you to see what trades are being made by other traders. Good-quality research can be found, but the https://forexbroker-listing.com/ quantity of research doesn’t measure up to what’s offered by the best forex brokers. Likewise, educational materials are limited to a video course and a handful of ebooks.
Other Commodity CFDs
Read online forex trading guides to help you find the right online forex brokerage for your personal trading. Octa offers a basic, low-cost MetaTrader platform experience alongside its social copy-trading platform. The easyMarkets μBTC account, also known as Bitcoin base currency account, is available for traders under the ASIC, FSA and FSC regulations.
Good customer service and easy to use
Once you have filled out the form you will be directed to their proprietary options platform. Upon your first launch of the platform they will give you a handy step-by-step easymarkets broker guide about how to place a trade as well as the tools at your disposal. Then, on the main user interface you have a pretty well laid out and intuitive platform.
What features are unique to the easyMarkets platform?
Easy Markets is for me, at this day, a great partner for day trading. For those traders who are on the go, you will be happy to know that easyMarkets has got a pretty functional mobile app. This is available on iOS and Android devices and has a lot of the same functionality as their main web platform.
easyMarkets trading platforms and tools
Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Your accounts can be opened in USD, GBP, EUR, CAD, AUD, ILS, CNY, NZD, NOK, CHF, JPY, PLN, SGD, ZAR. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. Bank transfers may take a few business days to clear whilst some methods such as card payments can be instant.
The easyMarkets MT5 account is available for any client with no restrictions. When it comes to withdrawal fees, easyMarkets does not charge any fees on withdrawals. EasyMarkets does not have a minimum withdrawable amount with the sole exception of bank wire transfer that requires a minimum of $50. Deposits are typically processed almost instantly, with the exception of bank wire transfers, which can take up to several business days.
EasyMarkets, along with all entities within the easyMarkets Group, ensures the protection of client funds through the use of segregated bank accounts. This approach secures funds in the event of broker insolvency or bankruptcy. Established in 2001, easyMarkets is a reputable global brokerage firm that specialises in online Forex and CFD trading. It has garnered a strong reputation within the financial industry over the years, making it a popular choice among traders around the world. In addition, you can open a Bitcoin account with the MT4 platform.
At easyMarkets you can find over 60 Forex pairs and 275 CFD assets, including shares, cryptocurrencies, metals, commodities, indices, vanilla options and forwards. Forex spreads are both fixed from 0.7 pips and variable from 0.5 pips. EasyMarkets offers an unlimited demo account, requires a low minimum deposit, and provides a wide range of educational tools catering to all levels, from beginners to advanced. These tools include the easyMarkets Academy, free eBooks and a wide range of trading glossaries. EasyMarkets changed the game and provided an online trading platform.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. EasyMarkets charges no commissions on trades, just a fixed dealing spread. You can trade a wide variety of assets and spreads, including forex, metals, indices, commodities, cryptocurrencies and options. I had some issues registering and one of your staff, Mr David was very helpful and professional in his approach.
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders. The easyMarkets VIP account supports the MT4, easyMarkets platform Web/App and TradingView trading platforms. Additionally, it’s available as a swap-free option for traders of the Islamic faith who need to comply with the Shariah law.
And while we are on this point, you also need to make sure that whenever you are accessing the easyMarkets website that you see the SSL lock. Currently, the firm is licensed by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investment Commission (ASIC). Its European operations are covered under the Easy Forex Trading Ltd company, which holds the CySEC license. In Australia, it operates as the Easy Markets Pty Ltd, which holds the ASIC license. They also provide email support as well as phone support in addition to the various social media channels. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004.
With a strong focus on simplicity and accessibility, easyMarkets tries to strive to provide a hassle-free trading experience to its clients. Demo accounts are available if you wish to test the different trading platforms and conditions before opening a real account. I would always try a broker on demo at first to see what they have to offer. Just keep in mind that demo trading conditions can differ from a live trading account. I experienced this when I tried to switch my scalping strategy from the demo to live account. They didn’t have a problem with me trading the strategy on demo but prevented me from using the same strategy on a real account.
They maintain sufficient liquid capital to cover all client deposits, any potential fluctuations in the company’s currency positions and other expenses. Having these regulations and policies in place, helps to ensure clients that funds and transactions are secured and protected. Much like the desktop platform, the easyMarkets mobile application has plenty of useful trading features and tools to offer on both iOS and Android. For example, the VIP account requires a $10,000 minimum deposit, whereas the Premium account requires as little as $25 while still providing access to the easyMarkets web app or TradingView platform. There is no minimum amount you have to withdraw from your trading account to credit/debit cards or eWallets, but when you make a withdrawal to a bank account, the required minimum is $50.
There are numerous charting indicators, technical tools and studies that you can use on the platform. Something else that we found quite intriguing was the optionality to select your own specific expiry date. Most other platforms that we have seen have a limited subset of option expiry dates (monthly, quarterly or yearly). The really cool thing about easyTrade is that unlike Binary options, it is fully ESMA compliant.
Currency trading has many elements for a trader to get used to, including the forex trading platform, key market events and dates, the use of leverage and automation. Each forex broker differs in their quality of training and the level that training courses are aimed. As a market maker rather than an ECN broker, City Index includes lots of free features, making their spreads excellent value.
From time to time brokers update information such as fees and bonuses. Our forex trading team aims to update these frequently, so we are always relevant to users. However, it is for this reason that the information included in our comparison tables be considered for indicative purposes only. MT4 and MT5 have some great features such as Expert Advisors (EAs) which utilise automation and but if you are interested in this platform then another forex broker is recommended.
Of course, those assets that are more volatile will have a lower leverage limit. When you have this account level, you will get your own personal account manager. This is really quite refreshing as it gives you that delicate “human touch”.
