There is no slippage on limit orders means that you can rest assured the execution of your stop loss or take profit will happen at the price you intended. They also offer traders the security of trading with a regulated broker. All of these features and more makes easyMarkets a good broker for beginners and pros alike.
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss. It’s essential to take the time to learn about the financial markets and understand how they move before diving into trading with easyMarkets. Familiarizing yourself with the easyMarkets trading platform is crucial to use it effectively. It’s important to note that easyMarkets requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks.
We understand that informed decisions with easyMarkets are the key to successful trading, so we’ve provided this detailed easyMarkets review. So, take a seat, grab a cup of coffee, and dive in to learn about easyMarkets and how it can benefit you or if easyMarkets is not for you. EasyMarkets is headquartered in Limassol, Cyprus within the European Union and submits to regulation under the Cyprus Securities and Exchange Commission’s (CySEC’s) oversight.
I think they have a reasonable range of trading instruments and you will also find some innovative trading tools to assist with your market analysis. Beginners can browse through a decent selection of educational content, including guides and videos. You can choose from 2 account types and convenient funding options.
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. In this easyMarkets review, we will give you what you need to know about the broker. This large and regulated broker has been around since 2001 and has expanded greatly over the past 19-odd years. They have not only grown in numbers but also expanded their product offering greatly.
Whether on an iOS or Android device, the world of trading remains at your fingertips, anytime and anywhere. Our regulation by CySEC ensures a secure trading environment, guaranteeing peace of mind. Complementing this, our full compliance with all ESMA regulations underscores our commitment to the highest standards of trading ethics and practices.
All features listed, with the exception of a personal analyst, are equal to what is provided in the easyMarkets webtrader. A professional account is available if at least two of the broker’s three requirements are satisfied. In that case, ICF protection is removed in return for higher leverage with cash rebates available https://broker-review.org/ based on trading volume. EasyMarkets, in its original iteration as easy-forex, was founded as a Forex broker in 2001 with the overarching goal of democratizing Forex trading. To that end, easy-forex advanced minimum deposits from $25 by credit card which was viewed as a pioneering step across the industry.
When it comes to the panel on the left, the default is a market chart but you can also switch between the Market news, Trading signals and Economic calendar. 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.
EasyMarkets is regulated and well established, having been in business for over 23 years. We have spent years researching the best alternatives to easyMarkets. The phone support team successfully resolved our questions and issues over the phone.
EasyMarkets offer tight fixed spreads, negative balance protection, guaranteed stop loss orders
and no slippage trading. EasyMarkets offer a unique feature called dealCancellation allowing
traders to cancel a trade that has made a loss within 6 hours. While comparing easyMarkets reviews from several trading-related websites, we found that people generally regard their easyMarkets experience as positive.
The next step involves submitting identification documents for easyMarkets account validation and making a deposit. Once completed, easyMarkets users can download the trading platform of their choice. Below we give an overview of the account types that easyMarkets offer.
The EasyMarkets MT4 account is another very popular choice for traders with the broker. This is particularly true if you want to use the MT4 desktop platform as this is how trading is facilitated on this account, with webtrader unavailable. Also, on the easyMarkets platform you can manage your risks with guaranteed stop loss and take profit so your trades are executed with no slippage. At EasyMarkets you will also find a couple of very unique features. We provide broker reviews and ratings to help users find a suitable broker according to their own needs. However, you must do your own due diligence and make your own decisions when choosing a broker.
This industry leading platform allows for comprehensive market analysis, manual and automated trading. You can customise the platform according to your own trading strategy and choose from a great selection of trading tools to analyse the charts in detail and find possible opportunities. I think that MT4 is an ideal platform for new traders as it is very user-friendly and available through many brokers. I would like to see easyMarkets also offer MT5 just like many other brokers do including Admirals who have both MetaTrader platforms.
Dive into the global financial markets, right from the palm of your hand. At easyMarkets, our mantra is simple – infuse flexibility, empower choice. We invite you to sculpt your trade easymarkets review story with us, one strategy at a time. Vanilla options, the cornerstone of our innovative easyTrade, encapsulates the spirit of defined risk with an endless horizon of rewards.
Its range of live chat features includes Facebook Messenger, Viber, What’s App and a web-based live chat. Whether you favor easyMarkets’ custom software or the renowned MT4 and MT5, the gateway to global markets is ever-present. Their consistent focus on stellar trading conditions, state-of-the-art tools, and unparalleled customer service ensures traders are well-equipped. Deposits and withdrawals remain free of charge, but third-party fees may be applicable. Traders have plenty of choices, which include bank wires, credit and debit cards, Skrill, Neteller, Sofort, as well as several regional-only options.
Charting is harder, connections are slower and order management is more cumbersome. However, if you are going to be away from your desk it is a handy tool to monitor your levels. For those who trade on the MT4 platform, as mentioned it is available on both iOS and Android. Despite this though, it pales into comparison next to the MT4 desktop app. This tool could also be helpful around economic events that tend to drive up the volatility in the markets. This could include the likes of a central bank announcement or the Non-Farm Payrolls.