easyMarkets has been in the business for more than a decade having been established since 2003. They are currently licensed by the CySEC and ASIC and offer two advanced platforms for trading forex and CFDs.
They have the popular easyMarkets MT4 and the in-house easyMarkets Platform which features a dealCancellation tool that can be utilized to undo losing trades and reverse the possible losses. This is a unique feature that most forex brokers don’t offer.
Friendly for traders
When it comes to user-friendliness, this broker is among the best as they have done a great job in speeding up the performance of their platforms while still keeping it accessible even for novice users.
Min account size
They’ve changed their minimum account size to $100. This may not be the lowest in the market but with their generous bonuses, you can actually get more out of your starting capital.
Min Lot size
They accept the placement of micro lots with a size of 0.01, the same minimum lot size that most brokers follow.
# Of Tradable Assets
There’s a choice of over 300 instruments so there are plenty of market opportunities to explore. They offer CFDs, forex, metals, commodities, indices and options.
The highest leverage allowed is 1:400. That means you can borrow more money per $1 in your account but also be cautious of the risks.
Spread on EUR/USD
Their pricing are sourced from known banks with fixed spreads even for the major currency pairs. The popular EUR/USD pair has a spread of as low as 0.00018 pips.
There’s a plethora of payment methods that you can use to deposit the funds to your trading account. You can use credit or debit cards, Bank Transfer, WeChatPay, SoFortüberweisung, American Express, Giropay, Ideal, Maestro, JCB, China Union Pay, Skrill, Neteller, Webmoney and Yemadai.
Reputation Among Traders
easyMarkets has been operating since 2003 and are regulated by trusted financial authorities which are recognized internationally. These licenses alone make them highly reputable but aside from this, they are widely known to be a stable broker with a range of trading instruments.
They provide interbank market pricing which means the quotes are more accurate and this can be accessed from their platforms which are very stable, flexible and are capable of executing trades immediately.
There’s a trading simulator which is only valid for 8 days but if you open an account with them, you’ll be able to enjoy the free demo account with a lifetime access.
They are currently regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC).
Regardless if you choose to contact their customer support via email, live chat or phone, you will be able to experience fast assistance thanks to their well-trained agents.
Overall, easyMarkets has been able to maintain a well-established name. It has a set of advanced platform offerings that come with great features, unique tools and better trading conditions. This, along with the good brand reputation and top notch support are some of the essential perks that you will enjoy when you trade with this trusted broker.
The total score that they received based on our objective scoring system is 87/100.
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