easyMarkets Review

Why choose easyMarkets

Fixed spreads, user-friendly platform, and unique risk management tools.

Pros

  • No slippage.
  • Guaranteed stop loss.
  • Negative balance protection.

Cons

  • Limited product range; primarily focuses on forex and CFDs.
easyMarkets

easyMarkets

Fee Level:

Medium

Inactivity Fee:

None

Index CFD Fee:

Medium

Investor Protection:

Up to €20,000 under the Investor Compensation Fund (ICF).

Mobile Platform:

Visit easyMarkets

Provides a transparent trading environment with fixed spreads.

Pros

  • No withdrawal fees.
  • Guaranteed stop loss.

Cons

  • Higher spreads compared to some competitors.

Utilizes negative balance protection and segregated client funds to ensure client asset safety.

Pros

  • Strong security measures, including SSL encryption and segregated client funds.

Cons

  • Limited investor protection for clients outside the EU.

Supports bank transfers, cards, Skrill, Neteller, and PayPal. Deposits instant; withdrawals 1–3 days.

Pros

  • No deposit fees, multiple e-wallet options, quick processing.

Cons

  • No deposit fees, multiple e-wallet options, quick processing.

easyMarkets has a user-friendly online application with 1-day processing for ID and address verification.

Pros

  • Easy interface with multiple account types.

Cons

  • Easy interface with multiple account types.

easyMarkets offers a proprietary mobile app alongside the MT4 app, providing traders with flexibility and choice. The easyMarkets app is intuitive, featuring unique tools like dealCancellation and Freeze Rate, enhancing the trading experience.

Pros

  • Intuitive design, unique trading tools, real-time notifications.

Cons

  • Proprietary app lacks some advanced features of MT4, limited customization.

easyMarkets provides access to both its proprietary web-based platform and the MT4 desktop platform. The proprietary platform is user-friendly and includes innovative tools, while MT4 offers advanced charting and automated trading capabilities.

Pros

  • User-friendly proprietary platform, innovative trading tools, MT4 support.

Cons

  • Proprietary platform may lack some advanced features of MT4, no support for MT5.

easyMarkets offers a wide range of products, including forex, commodities, indices, cryptocurrencies, and options. The inclusion of options trading sets it apart from many competitors.

What unique trading tools does easyMarkets offer?

easyMarkets offers innovative tools to enhance the trading experience: dealCancellation: Allows traders to cancel a losing trade within a specific time frame for a small fee. Freeze Rate: Enables traders to freeze the current price for a few seconds, providing a buffer against market volatility. Negative Balance Protection: Ensures clients cannot lose more than their account balance.

What is the minimum deposit required to start trading with easyMarkets?

The minimum deposit at easyMarkets varies depending on the account type and region. For the Standard Account, the minimum deposit is $25, making it accessible for traders with different budgets. However, for certain regions, the minimum deposit may be higher. It's advisable to check the specific requirements based on your location.

Does easyMarkets charge any fees on trades?

easyMarkets does not charge any commissions on its standard accounts; instead, it earns through the spread, which is the difference between the buy and sell prices. However, fees may apply to open positions held overnight, known as swap or rollover fees. For Islamic accounts, no swap fees are charged,