EasyMarkets Review 2020

EasyMarkets is an innovative online trading brokerage who has been revolutionizing how people trade and invest in the financial markets since their establishment in 2001. EasyMarkets was one of the first online trading brokerages to accept low initial deposits of just $25 and offer institutional level tools and services to ordinary traders and investors.

Today, EasyMarkets continues to innovate by offering their clients valuable trading tools and favorable conditions such as free guaranteed stop loss, insideViewer, Freeze Rate – and their most innovative tool yet, dealCancellation. The brokerage also provides their clients with a comprehensive education centre, a selection of sophisticated trading platforms, and over 175 tradeable instruments available across the global markets.

EasyMarkets serves the international markets and is based offshore with their headquarters located at P.O. Box 53742, Limassol 3317, Cyprus. Though the brokerage is located offshore, they are still trusted among many as they are licensed and regulated by both the Cyprus Securities & Exchange Commission (CySEC) and the Australian Securities & Investments Commission (ASIC). Let’s look in more details in the EasyMarkets broker review.

EasyMarkets strives to offer traders the best possible trading conditions and thus offer very competitive fees with zero commission trading and tight fixed spreads. As well, they offer conditions and contract sizes that are accessible to both novice and experienced traders. While the spreads are fixed at EasyMarkets, they do vary between account types. See the spreads associated with the most common tradeable assets for different account types below.

Standard Account

• EUR/USD: 3 pips

• GBP/USD: 4 pips

• WTI(OIL): 0.07

• XAU: 0.5

Premium Account

• EUR/USD: 2.5 pips

• GBP/USD: 3.5 pips

• WTI(OIL): 0.06

• XAU: 0.5

VIP Account

• EUR/USD: 1.8 pips

• GBP/USD: 3 pips

• WTI(OIL): 0.05

• XAU: 0.45

Super VIP Account

• Custom Spreads

EasyMarkets features multiple trading platforms for their traders to choose from. No matter if you’re a novice trader just starting out or are an experienced trading veteran, EasyMarkets has a platform for you. See their two trading platforms overviewed below.

EasyMarkets Web Platform

This is the brokerages proprietary web-based trading platform that’s accessible from the web-browser on any device including desktop computers and mobile phones and tablets. The platform provides access to over 200 tradable assets, features zero slippage, an easy to use trading interface, and numerous analytical tools.

EasyMarkets MetaTrader 4 (MT4)

The ever popular MT4 trading platforms is available for traders and comes complete with EasyMarkets branding and favorable trading conditions. The platform is excellent for advanced clients and features a highly customizable interface, negative balance protection, a sophisticated charting package, and more.

While EasyMarkets proprietary web-based trading platform is compatible with mobile devices, the brokerage also provides a downloadable EasyMarkets trading application. The EasyMarkets Trading App can be downloaded for free from the Apple App Store and the Google Play Store for iOS and Android mobile devices including phones and tablets. The app comes complete with fully integrated analytical tools, all of the advanced order features, and much more.

EasyMarkets offers their clients 4 types of accounts to choose from, each with slightly different trading conditions and features. See the different account types overviewed below.

1. Standard Account

• Minimum initial deposit of $100 USD
• Customer support over the phone

2. Premium Account

• Minimum initial deposit of $1000 USD
• Customer support over the phone
• Market SMS notifications
• Personal account manager

3. VIP Account

• Minimum initial deposit of $2500 USD
• Customer support over the phone
• Market SMS notifications
• Personal account manager
• 24/5 live chat trading

4. Super VIP Account

• Minimum initial deposit of $10,000 USD
• Customer support over the phone
• Custom spreads
• Market SMS notifications
• Personal account manager
• 24/5 live chat trading

Traders at EasyMarkets have an extensive array of deposit options to choose from that are all free of charge. See below, the available deposit methods and their processing times.

Credit Cards (Instant Processing)

• Visa
• MasterCard
• Maestro
• American Express
• JCB

Online Banking

• Sofort (within 2 hrs)
• GiroPay (within 2 hrs)
• iDeal (instant)
• Local Bank Transfer (within 3 – 5 business days)
• WebMoney (within 1 business day)
• BPay (within 1 business day)

E-Wallets

• Neteller (instant)
• Skrill (instant)
• FasaPay (within 1 business day)
• China Union Pay (within 1 -2 business days)

As for withdrawals, traders must withdrawal their funds via the same method used for deposits. There are no minimum withdrawal amounts except for to a bank account, the minimum is then $50. All withdrawals should be given 3 – 10 business days to be completed.

The level of customer support is phenomenal at EasyMarkets, especially if you are apart of the VIP account types. Traders can contact support 24 hours a day, 5 days a week via email, telephone, and live chat. Additionally, traders can receive support via the brokers social media channels and find answers to most questions on the extensive FAQ page.

EasyMarkets is one of the leading brands in the online trading industry and has earned this through their many years of experience. The brokerage maintains safe, secure, and fair online trading practices as they are licensed and regulated by the Cyprus Securities & Exchange Commission (CySEC) and the Australian Securities & Investments Commission (ASIC). In addition to the benefits these regulatory agencies provide to customers, EasyMarkets also provides their clients with extensive learning resources and material to ensure their traders are educated and self aware. The brokerage also implements the latest and greatest security measures and protocols including advanced SSL encryption on all transmitted data among other things. All in all, traders can rest assured that EasyMarkets is a safe, secure, and fair online trading brokerage with an outstanding reputation in the online trading industry.