Published:
Modfied:
214

easyMarkets Broker Review 2024

Rate:
0
easyMarkets Broker Review 2024
dealCancellation Futures Freeze Rate Market Analysis Free Guaranteed Stop Loss Options
Go to Website
Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:easyMarkets
Founded:Cyprus
Min Deposit:25
Max Leverage:500
Headquarter:Limassol, Cyprus
US Accepted:
About
easyMarkets is a leading brokerage company founded in 2001 and headquartered in Cyprus. The CySEC-regulated broker offers no-commission trading with fixed and variable spreads. Easy Markets offers leverage options up to 1:500 and supports EAs and algo trading.
Contact
P.O. Box 53742, Limassol 3317, Cyprus
Rank and Score
Pros and Cons
Account Types
Platforms
Pros
Fixed and variable spreads
Regulated by multiple top-tier authorities
Trading Safety Features (No Slippage and Guaranteed Stop Loss)
Multiple trading platforms (Proprietary, MT4, MT5, TradingView)
No commissions or hidden fees
Long-standing reputation (since 2001)
Cons
No cryptocurrency deposits or withdrawals
Lack of 24/7 support
Geo-restrictions
Limited range of tradable assets

easyMarkets offers various features, including negative balance protection, EAs, and algo trading across a wide range of markets, from FX and Cash Indices to Crypto and Stocks. What are the conditions for trading these instruments on EasyMarkets broker?

We’ll explore the account types, trading platforms, regulatory status, financial markets, spreads, commissions, partnerships, awards, support channels, and many more in this easyMarkets review.

easyMarkets (Is the Company Regulated?)

easyMarkets
An award-winning broker titled the “Best Forex/CFD Broker” in TradingView awards 2023 and the official partner of Real Madrid C.F. football club

Easy Markets is a Cyprus-based brokerage company led by CEO Nikos Antoniades. The company was founded in 2021, and since then, it has acquired multiple licenses from top-tier regulatory bodies, including:

  • The Cyprus Securities & Exchange Commission “CySEC” (License Number 079/07);
  • The Australia Securities and Investments Commission “ASIC” (License Number 246566);
  • The Financial Services Authority of Seychelles “FSA” (License Number SD056);
  • The Financial Services Commission of British Virgin Islands “FSC” (License Number SIBA/L/20/1135);
  • The Financial Sector Conduct Authority of South Africa “FSCA” (License Number 54018).

easyMarkets Broker Specifications

The company offers a comprehensive suite of trading services and features designed to cater to novice and experienced traders. Here's a table summarizing the key specifications of Easy Markets.

Broker

easyMarkets

Account Types

easyMarkets Web/App and TradingView, MT4, MT5

Regulating Authorities

CySEC, ASIC, FSA, FSC, FSCA

Based Currencies

USD, GBP, EUR, CAD, CZK, JPY, NZD, AUD, PLN, TRY, CNY, HKD, SGD, CHF, MXN, NOK, SEK, ZAR

Minimum Deposit

$25

Deposit Methods

VISA, MasterCard, Maestro, Bank Wire, Skrill, Neteller, Fast Bank Transfers

Withdrawal Methods

VISA, MasterCard, Maestro, Bank Wire, Skrill, Neteller, Fast Bank Transfers

Minimum Order

0.01 lots

Maximum Leverage

1:500

Investment Options

None

Trading Platforms & Apps

MT4, MT5, TradingView, Proprietary platform

Markets

Forex, Indices, Metals, Energies

Spread

Fixed, Variable

Commission

None

Orders Execution

Market

Margin Call / Stop Out

70% / 30% (EU residents only)

Trading Features

Mobile Trading, Market Analysis, Futures, Options, dealCancellation, Freeze Rate, Free Guaranteed Stop Loss

Affiliate Program

Yes

Bonus & Promotions

Referral, First Deposit, Sign Up

Islamic Account

Yes

PAMM Account

No

Customer Support Ways

Email, Live Chat, Phone, Facebook Messenger, Viber, WhatsApp

Customer Support Hours

24/5

easyMarkets Account Types

easyMarkets Broker Account Offerings
The broker also offers Islamic accounts with a position-holding period of two weeks

Easy Markets previously only offered Fixed Spread accounts. However, as of 2022, by utilizing the robust MetaTrader 5, it also offers Variable Spread accounts. Comparison between easyMarkets account types:

Features

easyMarkets Web/App and TradingView

MT4

MT5

Min Order Size

0.01 lots

0.01 lots

0.01 lots

Base Currency

USD, GBP, EUR, CAD, CZK, JPY, NZD, AUD, PLN, TRY, CNY, HKD, SGD, CHF, MXN, NOK, SEK, ZAR

Commission

$0

$0

$0

Spreads Type

Fixed

Fixed

Variable

Max Leverage

1:30

1:30

1:30

Phone Support

Yes

Yes

Yes

Guaranteed Stop Loss

Yes

No

No

Min Deposit

$25

$25

$25

The company also offers professional accounts with leverage up to 1:500 under certain conditions, including a €500,000 portfolio and work experience in the financial sector.

How to Open an Account and Verify It on easyMarkets Broker?

Opening and verifying an account with Easy Markets is a straightforward process designed to comply with regulatory requirements while ensuring a smooth onboarding experience for traders.

  1. Visit the broker’s official website at “https://www.easymarkets.com/eu/”;
  2. Click "Start Trading Today";
  3. Fill out the “Sign Up” form or connect with Google or Facebook accounts;
  4. Provide proof of ID (Passport or driving license) and proof of residence (bank statement or recent utility bill).

We must mention in this easyMarkets review that you must complete the KYC procedure within 15 days of the account opening date. Otherwise, your trades will be closed, and your account will be suspended.

easyMarkets Trading Platforms

the company offers diverse trading platforms to cater to different trader preferences and styles. Here's an overview of the available platforms on Easy Markets.

easyMarkets Proprietary Platform

TradingView

MetaTrader 4 (MT4)

MetaTrader 5 (MT5)

easyMarkets Broker Fees Explained

Easy Markets has a transparent fee structure consisting mainly of spreads. The no-commission approach is attractive and makes understanding the fee structure simpler. In the table below, we gather spread data on some of the most popular instruments.

Trading Asset

Fixed Spreads From (Pips)

Variable Spreads From (Pips)

EUR/USD

0.7

0.7

GBP/USD

1.3

0.9

XAU/USD

35.0

20.0

OIL/USD

3.0

1.1

NDQ/USD

5.0

5.0

BTC/USD

85.0

75.0

AMZ/USD

0.25

0.2

Easy Markets Payment Options

we must explore the available deposit and withdrawal methods in this easyMarkets review. the broker provides a variety of options to facilitate convenient funding and withdrawals for traders worldwide.

  • VISA;
  • MasterCard;
  • Maestro;
  • Local Bank transfer;
  • Bank Wire;
  • Neteller;
easyMarkets Broker Deposit/Withdrawal
Note that if you deposit with a card, Easy Markets is not able to send money to any other source

Does easyMarkets Offer Copy Trading or Investment Plans?

The broker does not offer copy trading or specific investment plans as of the latest information available. Instead, the company provides innovative trading tools and features to empower traders in making informed decisions.

easyMarkets Broker Bonus Offerings

Easy Markets provides several promotional offerings and incentives to attract and retain traders, with a focus on their referral program.

  • Affiliate: Earn commissions as CPA and lot rebates;
  • Welcome Gift: A gift exclusively for clients who have verified their phone numbers;
  • First Deposit Bonus: Receive up to $2,000 extra funds on your first account funding.

Note that not all traders are eligible for the welcome gift and first deposit bonus promotions. You must contact your dedicated account manager to check your eligibility.

How to Reach easyMarkets Support?

Easy Markets offers multilingual and 24/5 support to cater to its global clientele. In order to provide traders with quick responses, the broker has implemented a wide range of support channels, including:

Email

support@easymarkets.com

Phone Call

+357 25 828 899

Fax

+357 25 817 183

WhatsApp

+357 99 875 998

Viber

+357 99 875 998

Facebook Messenger

Find easyMarkets and start chatting

Live Chat

Available on the official website

easyMarkets User Satisfaction

Trust score is one of the main factors when evaluating a broker, and it plays a crucial part in any easyMarkets review. the company has garnered positive feedback across various reputable review platforms.

TrustPilot

4.5 out of 5.0 based on 1,666 ratings

Forex Peace Army

3.0 out of 5.0 based on 166 comments

TradingView

4.7 out of 5.0 based on 2,100 reviews

Conclusion and Final Words

easyMarkets provides Spot, Futures, and Options trading across various financial markets, including Forex, Crypto, Metals, Indices, Shares, and Commodities.

easyMarkets broker provides its services through some of the best trading platforms, such as MT4/5 and TradingView. Share your thoughts about the easyMarkets review in the comments.

FAQs

Is easyMarkets a safe broker?

Multiple tier-1 regulatory bodies like CySEC and ASIC oversee the broker’s operations.

What trading platforms are available?

You can use the broker’s proprietary web/mobile platform, MT4, MT5, and TradingView.

Can I open a demo account?

Yes, Easy Markets offers a free demo account for practice trading.

score of blog
5 From 5.0
(1)
Rate this post
0Comment