Main Highlights of Easy Markets
– EasyMarkets offers a wide range of trading instruments including forex, cryptocurrencies, commodities, and indices.
– The broker provides a user-friendly and intuitive trading platform that is suitable for both beginner and experienced traders.
– EasyMarkets offers a variety of account types, including a demo account for practicing trading strategies without risking real money.
– The broker has a dedicated customer support team that is available 24/5 to assist clients with any inquiries or issues.
– EasyMarkets offers competitive spreads and low minimum deposit requirements.
– The broker provides negative balance protection, ensuring that clients never lose more than their initial investment.
EasyMarkets Comparison with Top Competitors
Here’s a comparison table between EasyMarkets, eToro, IG, and Plus500:
| Features | EasyMarkets | eToro | IG | Plus500 |
|---|---|---|---|---|
| Regulatory | Regulated by | Regulated by | Regulated by | Regulated by |
| Authority | CySEC (Cyprus) | FCA (UK) | FCA (UK) | ASIC (Australia) |
| Trading | Forex, CFDs, | Forex, CFDs, | Forex, CFDs, | Forex, CFDs, |
| Instruments | Cryptocurrencies | Cryptocurrencies | Cryptocurrencies | Cryptocurrencies |
| Trading | Web-based, | Web-based, | Web-based, | Web-based, |
| Platforms | Mobile App | Mobile App | Mobile App | Mobile App |
| Minimum | $100 | $50 | £250 | $100 |
| Deposit | ||||
| Maximum | No maximum | No maximum | No maximum | No maximum |
| Leverage | Up to 1:400 | Up to 1:30 | Up to 1:30 | Up to 1:30 |
| Spread | Fixed or | Variable | Variable | Variable |
| Variable | ||||
| Commissions | No commissions | No commissions | Commission on | No commissions |
| certain trades | ||||
| Risk | Guaranteed | No negative | No negative | No negative |
| Management | stop loss | balance | balance | balance |
| Tools | CopyTrading, | Trading signals | ||
| social trading | ||||
| Education | Extensive | Limited | Limited | Limited |
| and Research | educational | educational | educational | educational |
| materials | materials | materials | materials | |
| Customer | 24/7 live chat, | 24/7 live chat, | 24/7 live chat, | 24/7 live chat, |
| Support | phone, email | phone, email | phone, email | phone, email |
| Languages | Multiple | Multiple | Multiple | Multiple |
| languages | languages | languages | languages |
Please note that this is a general comparison and may not include all the features and offerings of each broker. It’s important to conduct thorough research and consider your specific needs when choosing a broker. Additionally, regulatory information and features are subject to change, so it’s advisable to visit the respective broker’s websites for the most up-to-date information.
Summary of the Easy Markets Review
| Main Highlights | User-friendly platform, wide range of trading instruments, competitive spreads |
| Fees and Pricing Structure | Low minimum deposits, competitive spreads |
| Safety Features | Negative balance protection |
Easy Markets Fees and Pricing Structure
– EasyMarkets offers three types of accounts: Standard, Premium, and VIP.
– The Standard account has a minimum deposit requirement of $100, while the Premium and VIP accounts require $1,000 and $2,500 respectively.
– Spreads start from 1 pip for major currency pairs, and there are no additional commissions on trades.
– Swap rates may apply for holding positions overnight.
Easy Markets Safety Features
– EasyMarkets provides negative balance protection, ensuring that clients do not lose more than their initial investment.
– Client funds are held in segregated accounts with reputable financial institutions.
Top Recommended Platforms
Cryptocurrency assets are volatile in nature. Buy and trade at your own risk.
73% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.
Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.
FAQs
1. Can I try out the platform before opening a real trading account?
– Yes, EasyMarkets offers a demo account that allows you to practice trading strategies with virtual funds.
2. What trading instruments are available on EasyMarkets?
– EasyMarkets offers a wide range of trading instruments, including forex, cryptocurrencies, commodities, and indices.
3. Is customer support available 24/7?
– EasyMarkets’ customer support is available 24/5, meaning they are accessible from Monday to Friday.
4. Does EasyMarkets charge any additional commissions on trades?
– No, EasyMarkets does not charge any additional commissions on trades. The spreads offered by the broker cover all costs.
Conclusion
In conclusion, EasyMarkets is a reputable broker that offers a user-friendly trading platform, competitive spreads, and a wide range of trading instruments. The broker’s low minimum deposit requirements and negative balance protection make it an attractive option for both beginner and experienced traders. With a strong emphasis on customer support and safety, EasyMarkets provides a reliable and trustworthy trading environment for its clients.
