EasyMarkets Review: Safe Broker? Everything You NEED to Know
This is a feature that easyMarkets includes on their web platform that basically allows a trader to cancel a trade after it has been placed and executed. For those of you who have been trading for any length of time, you will no doubt have come across the MT4 platform. This is the trading program that has been developed by MetaQuotes and has some of the most advanced trading tools on the market. Taking a look at the standard UI, you have all of your key account metrics at the top of the platform. This is the standard trading plaform that you will access through your web browser. It was developed in-house by easyMarkets and has some pretty advanced features and functionality.
Is easyMarkets regulated?
Well, it means that irrespective if the market moves below your stop loss, it will be executed. This gives you an extra piece of mind as you know that irrespective of how volatile the markets, you will be stopped out and your loss limited. When you trade with easyMarkets, the user interface is much the same as a binary option.
How can I withdraw funds from my account?
You’ll also get a useful market sentiment indicator called Inside Viewer so you can see what other traders are doing. This indicator appears directly below the price chart on the default interface of easyMarkets’ web-based platform. EasyMarkets offers trading on its innovative proprietary web-based platform and its intuitive mobile app for Android and iOS. May I suggest implementing a mobile money transfer service similar to Mpesa for users in Kenya and Ethiopia?
Customer Support
If you wanted to trade a larger array of physical crytpocurrency you could use the likes of Binance. Since launching in 2001, the broker has racked up some pretty impressive stats. For example, they have completed over $2.92 trillion in USD volume, have executed over 56.3 million order and have served over 145,000 traders.
HOW DO I MAKE MONEY WITH EASYMARKETS?
All accounts at easyMarkets have common features regarding trading platforms, assets available for trading, and trading conditions. This site was created for people interested in learning digital options, cryptocurrencies, Forex, CFD, ETF, OTN, and ICO and, of course, how not to fall for the bait of unscrupulous trading platforms. Here you can find a lot of useful information about brokers, strategies, and the latest news from the world of online investment possibilities and many other interesting topics. There are several important risk management tools that easyMarkets provides for their clients. For example, they have their Guaranteed stop losses and their negative balance protection. In conclusion, easyMarkets stands as a reputable and reliable forex trading platform that has successfully carved its niche in the industry.
easyMarkets Cryptocurrencies Spreads
- Hence, it is an important consideration for us when we are considering these brokers.
- Every company within the easyMarkets group offers Negative Balance Protection to all clients, ensuring that traders can never lose more money than their initial deposit.
- Do note though that if you are funding in a credit card and you have then made a profit and would like to withdraw, your profit will be paid via another means such as wire or eWallet.
- The forward option is currently available on 39 different forex pairs.
- At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools.
The firm started offering options trading in addition to the existing CFD and FX products. The platform is currently regulated in Australia and Cyprus and offers over 300 tradeable instruments to its clients. EasyMarkets also offer MetaTrader 4 (the most popular forex trading platform), MetaTrader https://forexbroker-listing.com/ 5 and TradingView but features unique to this forex broker are not offered. It also offers fixed spreads which are relatively unique in the online broker market. EasyMarkets operates under stringent regulatory frameworks, providing traders with a secure and transparent trading environment.
This is another area in which they really excel from my point of view. You can choose from a wide selection of deposit and withdrawal methods without any fees. If you want something quick then you may consider an online payment processor such as Skrill or Neteller. I like the digital wallet options as this means I can get quick access to my funds which is important if I need to act quickly on a market move.
These could include the likes of the Brexit referendum where there is usually a binary outcome on said event. There is also a pretty comprehensive mobile application which will cover below. Another great benefit of the MT4 platform is that it is exactly the same across all of the brokers across the world. So, if you learn to use it on easyMarkets and would like to move to another broker then it is really quite simple.
One risk management feature traders will appreciate is guaranteed negative balance protection. Often termed as ‘standard accounts’ these brokers (or accounts) have no commissions. Instead, the forex broker makes its money primarily from the spread (the difference between the buy and sell price). These spreads will differ based on the currency pair and the time of the day. Generally, the more major traded pairs such as the EUR/USD will have lower spreads than more exotic pairings. You get a wide range of different types of CFDs, including shares of the most popular companies globally, which you can easily trade without owning the actual shares.
We do not provide financial advice, offer or make solicitation of any investments. For all of our broker reviews, we research, validate, analyse and compare easymarkets broker what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings.
Aside from the minimum withdrawal of €/$/£50 via bank transfer, there are no minimum withdrawal amounts via other payment methods. Before you can trade with easyMarkets for the first time, you need to answer a few questions. Steven Hatzakis is the Global Director of Research for ForexBrokers.com.
The easyMarkets demo account is an account type that allows you to try the easyMarkets service for free using virtual funds. EasyMarkets provides a variety of account types to suit the needs of any trader. All the easyMarkets account types are outlined in the table below. EasyMarkets withdrawals are secure, but can be slow requiring up to 10 business days to get through, depending also on the final destination of your funds and your bank’s processing times. EasyMarkets may charge a currency conversion fee if deposits and withdrawals do not match the account base currency selected. EasyMarkets provides long-term investments only through vanilla options and forwards that have timeframe options from 1 day to 6 months.