EasyMarkets REVIEW 2022 - PROS AND CONS REVEALED

The company was established in 2001 as EasyForex. There were added additional instruments as CFDs based on global stock indices and the company was rebranded as EasyMarkets. The broker is an official sponsor of Real Betis Balompié. EasyMarkets obtained a license in Australia (ASIC) in 2003 in Cyprus (CySEC) license in 2007.

Accounts:

EasyMarkets offers generally two types of accounts. One of them is for App and Web platform and the other type is for MetaTrader 4 platform. Fixed spreads in MetaTrader 4 version are little narrowed. The minimum deposit for both accounts is 100 EUR. The broker supports 18 account currencies: EUR, USD, AUD, NOK, CAD, SGD, PLN, SEK, CZK, CHF, TRY, ZAR, JPY, GBP, CNY, NZD, MXN, and HKD.

Payment methods:

The traders can deposit via Credit Card (Visa, MasterCard, American Express, JCB, and AstroPay Card) and all Credit Card deposits are instant. Online banking includes SOFORT, Giro pay, iDeal, LocalBank Transfer, Web Money, and BPay. eWallets include Netteler, Skrill, FasaPay, and Sticpay. For Chinese clients also is available UnionPay and WeChatPay.

Supported instruments:

The main advantage of EasyMarkets is that the broker offers their Forex pairs at fix spread and you always can be sure what you pay and the cost will be the same when you trade. Another benefit of the company is the options for Guarantee Stop Loss. EasyMarkets gives the possibility to their clients to trade also CFDs based on single stocks, main world indices, cryptocurrencies, metals, and commodities.

Platforms:

The company offers its own developed EasyMarkets Web Platform. The platform offers several unique features on the market. You can use dealCancellation - a service that gives you the possibility to cancel losing trade for 60 minutes for a small fee (something like insurance). Another option is to use Freeze Rate - this feature allows you to pause (fix) the price for a small period of time and trade at this price - not higher or lower. The clients also could receive information about market sentiment among the client of the broker - the percentage of traders are buying and selling a certain instrument. Other useful tools of EasyMarkets are financial calendar, market news module, and trading signals. Most of these tools can be used also and in the mobile platform of the broker.

Another option is the most used platform in the world - MetaTrader 4. Metatrader offers many benefits most of them thanks to the comunity build over the years. You can download tons of custom expert advisors. The other huge benefit could be the option to create your own trading robots, to build them in MQL4 language, to backtest them and optimize the parameters. You can also take advantage of the vps feature, where you can quickly set up a working station and launch your trading robots. This is the quickest and the most safe way to make trading robots work 24/7.

Tbe build in social trading/signals in Metatrader can be very useful if you want to be a signal provider , or if you are investor. You can choose to follow a signal provider and take his trades while doing your own.

Conclusion:

EasyMarkets is a Forex broker who serves his client in several jurisdictions - including ASIC and CySEC. The account could be open to a huge number of different currencies (eighteen). The variety of trading instruments is good (over 80 currency pairs, metals, commodities, indices, and cryptocurrencies. The range of methods for deposit is also good. The list with platforms includes the most used from traders MetaTrader 4 and its own platform with amazing options.