Review

easyMarkets.com 2020: We Review This Heavily Awarded Online Trading Platform

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Risk Warning: Your Capital is at Risk.

Overview

easyMarkets is an online market maker that provides a trading platform for Contracts for Difference (CFDs). CFDs are derivative securities that allow customers to gain exposure to the price of financial instruments without actually holding the instruments in their accounts. easyMarkets offers CFD trading in a variety of asset classes including forex, metals, agricultural goods, energy, indices, and cryptocurrencies.

The easyMarkets trading platform is known for its innovative features, including its proprietary dealCancellation tool, and its emphasis on transparent pricing. The company is home to over 300 markets and a range of trading instruments including spot trades, forwards, and options.

This easyMarkets review covers important details about trading with easyMarkets. More, we review easyMarkets' cross-platform trading applications on desktop and mobile.

Why Choose easyMarkets?

What's Good About easyMarkets?What Could easyMarkets Do Better?
Trustworthy broker (we scored easyMarkets 85/100 in our broker trust rating)On-site live chat trading unavailable on lower-tiered accounts
Over 300 markets in a variety of asset classesNot all cryptocurrencies available to trade (three major ones are, though)
dealCancellation feature allows traders to cancel and reverse tradesSome account withdrawal requests have a minimal withdrawal amount
24/5 customer support available through phone, email, and live chat in multiple languages

Start Trading now at easyMarkets

easyMarkets Overview

Overview
easyMarkets Logo
www.easymarkets.com
Overall VerdictGlobal broker with an emphasis on transparent pricing
Our Overall Rating
Broker Trust Rating85/100
Founded2001
ProductsCFDs, easyTrade, Vanilla Options, Forwards
Markets Forex, Metals, Other Commodities, Indices, Cryptocurrencies, Shares (See all trading products here.
Countries Served150+ (See the full list).
Minimum Deposit$/£/€100 (European and VIP accounts)
$/£/€200 (Non-European and Standard accounts)
FeeseasyMarkets is a no-commission broker. It makes money through the market bid/ask spread (See below). easyMarkets charges no credit or debit card fees or commissions. See here for full list of fees
Regulator(s)Cyprus Securities Exchange (CySEC), Australian Securities and Investments Commission (ASIC)
Customer Support24/5 email, phone, fax and live chat
Demo AccountYes - a free demo account is available for 7 days and is unlimited once a live account has been created

Where Does easyMarkets Operate?

IMPORTANT: CFDs are not available in the USA due to local regulation, and regulated brokers do not accept US citizens or US residents as clients.

easyMarkets is available in more than 150 countries and territories:

See all the countries easyMarkets operates in

  1. Albania
  2. Algeria
  3. Andorra
  4. Antigua and Barbuda
  5. Armenia
  6. Australia
  7. Austria
  8. Azerbaijan
  9. Bahamas
  10. Bahrain
  11. Bangladesh
  12. Barbados
  13. Belarus
  14. Belgium
  15. Belize
  16. Benin
  17. Bhutan
  18. Bolivia
  19. Bosnia and Herzegovina
  20. Botswana
  21. Brazil
  22. Brunei
  23. Bulgaria
  24. Burkina Faso
  25. Côte d'Ivoire
  26. Cabo Verde
  27. Cameroon
  28. Canada (excl. British Colombia, Manitoba, Ontario, and Quebec)
  29. Central African Republic
  30. Chile
  31. China
  32. Colombia
  33. Comoros
  34. Costa Rica
  35. Croatia
  36. Cuba
  37. Cyprus
  38. Czechia (Czech Republic)
  39. Denmark
  40. Djibouti
  41. Dominica
  42. Dominican Republic
  43. Ecuador
  44. Egypt
  45. El Salvador
  46. Eritrea
  47. Estonia
  48. Eswatini (fmr. “Swaziland”)
  49. Ethiopia
  50. Fiji
  51. Finland
  52. France
  53. Gabon
  54. Gambia
  55. Georgia
  56. Germany
  57. Ghana
  58. Greece
  59. Grenada
  60. Guatemala
  61. Guinea
  62. Guyana
  63. Holy See
  64. Honduras
  65. Hungary
  66. Iceland
  67. India
  68. Indonesia
  69. Ireland
  70. Italy
  71. Jamaica
  72. Japan
  73. Jordan
  74. Kazakhstan
  75. Kenya
  76. Kiribati
  77. Kuwait
  78. Kyrgyzstan
  79. Laos
  80. Latvia
  81. Lebanon
  82. Lesotho
  83. Liberia
  84. Liechtenstein
  85. Lithuania
  86. Luxembourg
  87. Macau
  88. Madagascar
  89. Malawi
  90. Malaysia
  91. Maldives
  92. Mali
  93. Malta
  94. Marshall Islands
  95. Mauritania
  96. Mauritius
  97. Mexico
  98. Micronesia
  99. Moldova
  100. Monaco
  101. Mongolia
  102. Montenegro
  103. Morocco
  104. Mozambique
  105. Myanmar (formerly Burma)
  106. Namibia
  107. Nauru
  108. Nepal
  109. Netherlands
  110. New Zealand
  111. Nicaragua
  112. Niger
  113. Nigeria
  114. North Macedonia
  115. Norway
  116. Oman
  117. Pakistan
  118. Palau
  119. Palestine State
  120. Panama
  121. Papua New Guinea
  122. Paraguay
  123. Peru
  124. Philippines
  125. Poland
  126. Portugal
  127. Qatar
  128. Romania
  129. Russia
  130. Rwanda
  131. Saint Kitts and Nevis
  132. Saint Lucia
  133. Saint Vincent and the Grenadines
  134. Samoa
  135. San Marino
  136. Sao Tome and Principe
  137. Saudi Arabia
  138. Senegal
  139. Serbia
  140. Seychelles
  141. Sierra Leone
  142. Singapore
  143. Slovakia
  144. Slovenia
  145. Solomon Islands
  146. South Africa
  147. South Korea
  148. South Sudan
  149. Spain
  150. Sri Lanka
  151. Suriname
  152. Sweden
  153. Switzerland
  154. Taiwan
  155. Tajikistan
  156. Tanzania
  157. Thailand
  158. Timor-Leste
  159. Togo
  160. Tonga
  161. Trinidad and Tobago
  162. Tunisia
  163. Turkey
  164. Tuvalu
  165. Uganda
  166. Ukraine
  167. United Arab Emirates
  168. United Kingdom
  169. Uruguay
  170. Uzbekistan
  171. Vanuatu
  172. Vietnam
  173. Zambia
  174. Zimbabwe

easyMarkets does not provide service to residents of certain countries and regions:

See all the countries/regions easyMarkets isn't available in

  1. United States
  2. Israel
  3. Iran
  4. Syria
  5. Afghanistan
  6. North Korea
  7. Somalia
  8. Yemen
  9. Iraq
  10. Sudan
  11. South Sudan
  12. British Columbia (Canada)
  13. Ontario (Canada)
  14. Manitoba (Canada)
  15. Equatorial Guinea
  16. Guinea Bissau
  17. Turkmenistan
  18. Venezuela
  19. Angola
  20. Libya
  21. Republic of Congo (Brazzavile)
  22. Democratic Republic of Congo
  23. Chad
  24. Haiti
  25. Quebec (Canada)
  26. Cambodia
  27. Burundi

What Languages Does easyMarkets Offer?

easyMarkets offers traders seven languages on both the platform and the website. These are:

  • English
  • Mandarin
  • Polish
  • Arabic
  • Spanish
  • German
  • Japanese.

Start Trading now at easyMarkets

Can I Trust easyMarkets?

Yes, easyMarkets is a trustworthy company with an operating history dating back to 2001.

easyMarkets is a safe and secure way to trade CFDs. Its subsidiaries are individually regulated by the following agencies: Cyprus Securities Exchange (CySEC) and Australian Securities and Investments Commission (ASIC).

RegulatorCountries CoveredProtections OfferedAdditional Protections Ordered
Cyprus Securities Exchange (CySEC)Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Kuwait, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, The Netherlands, United Kingdom
  • All client funds are held in a segregated client bank account
  • Negative balance protection
  • The Investor Compensation Fund may provide up to €20,000 if easyMarkets fails.
    Australian Securities and Investments Commission (ASIC)Australia, New Zealand and South Africa
  • All client funds are held in a segregated client bank account
  • Negative balance protection
  • However, unlike other jurisdictions, residents in Australia, South Africa, and New Zealand have no additional compensation scheme in place to cover their deposits.

    That doesn’t mean it isn’t safe to deposit funds with easyMarkets. It simply means you are offered only the legal protection afforded by the Australian legal system.

    However, money held in trust in Australia is highly regulated and covered by the Corporations Act. Therefore, we feel confident recommending easyMarkets to residents of Australia, New Zealand, and South Africa.

    Who Runs easyMarkets?

    Easy Forex Trading Ltd, the company that owns the trading name easyMarkets, is privately held.

    The Chief Executive Officer of Easy Forex Trading Ltd since 2014 is Nikos Antoniades. He was previously the Chief Financial officer of the brokerage firm from 2013 to 2014 and the Deputy Chief Financial Officer from 2007 to 2013.

    Prior to joining Easy Forex Trading Ltd, Antoniades worked as Assistant Group CFO for V. Ships Ltd and an Audit Senior at Ernst and Young, Limassol.

    Recent History of easyMarkets

    easyMarkets was established in 2001 under the name easy-forex. In 2010, easyMarkets added the popular MT4 trading platform to its offerings, and in 2011, it released an iPhone trading app.

    In 2013, the broker launched a full mobile site for all tablets and smartphones.

    easyMarkets also began an expansion into new product areas. By 2015, the company officially offered over 300 markets in a variety of asset classes. As a result, the company decided to rebrand in 2016 and change its name from easy-forex to easyMarkets.

    In 2019, easyMarkets launched shares as a new trading product. As of 2020, easyMarkets also extended their dealCancellation feature to be applied up to 6 hours after submitting a trade.

    Company Headquarters and Trading Names

    easyMarkets has headquarters in Limassol, Cyprus and a branch in Warsaw, Poland. The company has additional worldwide locations in Majuro, Marshall Islands and Sydney, Australia.

    The group of companies through its subsidiaries is regulated as follows:

    • Easy Forex Trading Ltd is authorized and regulated by the Cyprus Securities & Exchange Commission (License Number 079/07). The MiFID Directive provides a passport, which allows the entity to operate throughout the European Union.
    • Easy Markets Pty Ltd is authorized and regulated by the Australian Securities and Investments Commission and holds an Australian Financial Services (AFS) license (License Number 246566).

    easyMarkets offers customers dedicated 24/5 customer support in multiple languages including English, Polish, and Arabic. Traders can contact easyMarkets customer service by phone, fax, email or live chat, or directly through the company’s worldwide offices.

    Start Trading now at easyMarkets

    Getting Started With Trading at easyMarkets

    easyMarkets offers its customers more than 300 products to trade. The brokerage firm divides these offerings into six categories: forex, metals, other commodities (agricultural products and energy), indices, shares, and cryptocurrencies.

    Forex

    easyMarket traders can trade the following 60+ currency pairs through CFDs, Forwards markets, or Vanilla Options:

    All easyMarkets Forex pairs

    InstrumentMax Leverage
    EUR / USD1:30
    GBP / USD1:30
    USD / JPY1:30
    AUD / USD1:20
    NZD / USD1:20
    EUR / GBP1:30
    USD / CAD1:30
    EUR / JPY1:30
    USD / CHF1:30
    GBP / JPY1:30
    USD / PLN1:20
    USD / CZK1:20
    USD / HKD1:20
    USD / SGD1:20
    USD / MXN1:20
    USD / SEK1:20
    USD / NOK1:20
    USD / ILS1:20
    USD / ZAR1:20
    USD / CNH1:20
    EUR / CHF1:30
    EUR / AUD1:20
    EUR / NZD1:20
    EUR / CAD1:30
    EUR / PLN1:20
    EUR / CZK1:20
    EUR / SGD1:20
    EUR / MXN1:20
    EUR / SEK1:20
    EUR / NOK1:20
    EUR / ILS1:20
    EUR / ZAR1:20
    EUR / CNH1:20
    GBP / CHF1:30
    GBP / AUD1:20
    GBP / NZD1:20
    GBP / CAD1:30
    GBP / PLN1:20
    GBP / SGD1:20
    GBP / SEK1:20
    GBP / NOK1:20
    GBP / ILS1:20
    GBP / ZAR1:20
    CHF / JPY1:30
    CHF / AUD1:20
    CHF / SEK1:20
    CHF / NOK1:20
    AUD / JPY1:20
    AUD / NZD1:20
    AUD / CAD1:20
    AUD / SGD1:20
    AUD / ZAR1:20
    AUD / CNH1:20
    NZD / JPY1:20
    NZD / CHF1:20
    NZD / CAD1:20
    NZD / ZAR1:20
    CAD / JPY1:30
    CAD / CHF1:30
    NOK / SEK1:20
    ZAR / JPY1:20
    CNH / JPY1:20

    Metals

    easyMarkets offers four categories of metals trading:

    1. Gold and Silver: Day traders can trade spot gold and silver paired against a variety of currencies. Traders can also trade gold and silver as a vanilla option.
    2. Alternative Metals: Customers can trade spot platinum and palladium, priced per troy ounce.
    3. Copper: Spot copper against currencies.
    4. Copper CFD: Customers can trade a copper CFD as a limit order with a future reserve date.

    See all easyMarkets Metals

    InstrumentMetalMax Leverage
    XAU / USDGold1970-01-01 01:20:00
    XAU / EURGold1970-01-01 01:20:00
    XAU / GBPGold1970-01-01 01:20:00
    XAU / JPYGold1970-01-01 01:20:00
    XAU / CHFGold1970-01-01 01:20:00
    XAU / AUDGold1970-01-01 01:20:00
    XAU / NZDGold1970-01-01 01:20:00
    XAU / CADGold1970-01-01 01:20:00
    XAU / XAGGold1970-01-01 01:20:00
    XAU / SGDGold1970-01-01 01:20:00
    XAG / USDSilver1970-01-01 01:10:00
    XAG / EURSilver1970-01-01 01:10:00
    XAG / GBPSilver1970-01-01 01:10:00
    XAG / CHFSilver1970-01-01 01:10:00
    XAG / AUDSilver1970-01-01 01:10:00
    XAG / NZDSilver1970-01-01 01:10:00
    XAG / CADSilver1970-01-01 01:10:00
    XAG / SGDSilver1970-01-01 01:10:00
    XPT / USDPlatinum1970-01-01 01:10:00
    XPD / USDPalladium1970-01-01 01:10:00
    CPR / USDCopper1970-01-01 01:10:00

    Other Commodities

    There are three more categories for non-metal commodities at easyMarkets:

    1. Brent and WTI Crude Oils
    2. Heating Oil and Natural Gas
    3. Grain and Crops

    See all easyMarkets Non-Metal Commodities

    InstrumentMax Leverage
    OIL / USD1:10
    GAS / USD1:10
    BRT / USD1:10
    HEO / USD1:10
    NGS / USD1:10
    WHT / USD1:10
    CRN / USD1:10
    CTN / USD1:10
    SOY / USD1:10
    CFE / USD1:10
    SGR / USD1:10
    CCO / USD1:10

    Indices

    easyMarkets offers customers trading in four categories of indices:

    1. US Index Markets
      1. S&P 500
      2. Dow Jones
      3. NASDAQ tech
      4. USD (dollar) index.
    2. UK and European Indices
      1. UK FTSE 100
      2. German Dax
      3. France CAC
      4. EU Stocks
      5. Swiss SWI.
    3. Australian and Indian Indices
      1. Australian Securities Exchange
      2. India 500.
    4. Asian Indices
      1. Japan Nikkei
      2. Hang Seng
      3. China 50.

    See all easyMarkets Indices products

    InstrumentMaximum Leverage
    SPI / USD1:20
    DOW / USD1:20
    NDQ / USD1:20
    FTS / GBP1:20
    DAX / EUR1:20
    ESX / EUR1:20
    CAC / EUR1:20
    SWI / CHF1:10
    ASX / AUD1:20
    NKI / USD1:20
    HSX / HKD1:10
    CNX / USD1:10
    IND / USD1:10
    USX / USD1:10
    VXX / USD1:10

    Cryptocurrencies

    easyMarkets offers trading against the US dollar for three cryptocurrencies:

    1. Bitcoin (BTC)
    2. Ripple (XRP)
    3. Ethereum (ETH).

    All have maximum leverages of 1:2.

    Shares

    As of 2019, easyMarkets have added shares to their choice of trading products. Currently, there are over 50 shares to choose from:

    See all easyMarkets shares

    CompanyInstrumentMaximum Leverage
    AlibabaBAB / USD1:5
    AmazonAMZ / USD1:5
    AppleAPL / USD1:5
    FacebookFBK / USD1:5
    NetflixNFX / USD1:5
    TeslaTSL / USD1:5
    Coca-ColaCCA / USD1:5
    IntelINT / USD1:5
    Johnson & JohnsonJNJ / USD1:5
    McDonald'sMCD / USD1:5
    MicrosoftMSF / USD1:5
    FordFRD / USD1:5
    ChevronCVX / USD1:5
    VisaVSA / USD1:5
    AT&TATT / USD1:5
    CiscoCSC / USD1:5
    ExxonEXO / USD1:5
    AdidasADS / EUR1:5
    AllianzALV / EUR1:5
    BayerBAY / EUR1:5
    BNPBNP / EUR1:5
    CommerzbankCBK / EUR1:5
    DaimlerDAI / EUR1:5
    IberdrolaIBE / EUR1:5
    L.V.M.HLVT / EUR1:5
    SiemensSIE / EUR1:5
    VolkswagenVOW / EUR1:5
    ANZANZ / AUD1:5
    BHPBHP / AUD1:5
    CommonwealthCBA / AUD1:5
    CSLCSL / AUD1:5
    GoodmanGMG / AUD1:5
    Insurance AustraliaIAG / AUD1:5
    MacquarieMQG / AUD1:5
    National Australia BankNAB / AUD1:5
    RIO TintoRIO / AUD1:5
    SuncorpSUN / AUD1:5
    TelstraTLS / AUD1:5
    WesfarmersWES / AUD1:5
    WestpacWBC / AUD1:5
    WoodsideWPL / AUD1:5
    WoolworthsWOW / AUD1:5
    TencentTCT / HKD1:5
    AIAAIA / HKD1:5
    HSBCHBC / HKD1:5
    Bank of ChinaBOC / HKD1:5
    CNOOCCNO / HKD1:5
    ToyotaTOY / JPY1:5
    SoftbankSFT / JPY1:5
    SonySNY / JPY1:5
    MizuhoMZH / JPY1:5
    HondaHON / JPY1:5

    Start Trading now at easyMarkets

    Account Types and Requirements

    easyMarkets offers two account types: a standard retail account and a professional account. When traders sign up with an e-mail address and a newly allocated password, a standard trading account is automatically created.

    Traders can switch to a demo account by shifting the Live/Demo toggle at the bottom of the hamburger menu — both on desktop and mobile.

    The professional account is also listed as a “VIP” account with which traders benefit from a variety of perks.

    The VIP account's features vary between the easyMarket web/app and MetaTrader 4:

     
    VIP
    Platform
    Web/App
    MetaTrader 4 (MT4)
    Minimum transaction size
    0.05 lot
    0.01 lot
    Fixed Spreads
    EUR/USD 1 pips
    EUR/USD 0.9 pips
    GBP/USD 1.7 pips
    GBP/USD 1.3 pips
    USD/JPY 1.5 pips
    USD/JPY 1.0 pips
    WTI(OIL) 0.04 USD
    WTI(OIL) 0.03 USD
    XAU 0.40 USD
    XAU 0.35 USD
    Minimum deposit
    100 EUR
    Max leverage
    1:30
    Commission
    0
    Account Fees
    0
    Deposit/Withdraw
    0
    No Slippage
    Tick Icon
    Guaranteed Stop Loss
    Tick Icon
    Negative Balance Protection
    Tick Icon
    Tick Icon
    Customer Support
    over the phone
    Tick Icon
    Tick Icon
    Trading Central Indicator
    Tick Icon
    Personal Account Manager  
    Tick Icon
    Tick Icon
    24/5 phone and live chat trading
    Tick Icon
    Tick Icon

    Verification Requirements

    easyMarkets serves over 150 countries worldwide. The process of opening an account is largely the same in each jurisdiction.

    Before you can trade with easyMarkets for the first time, you need to answer a few questions. You enter your name, email, country of origin, and phone number. Then you answer a few questions about your background and financial knowledge.

    To pass their identity verification, you will need to upload the following documents to easyMarkets:

    DocumentCommentary
    Color copy of passport of the front of your official ID cardOther acceptable official ID cards:
  • National ID card
  • Driver’s license
  • Government ID
  • Color copy of the back of passport or your official ID card
    Residence PermitFor foreigners residing outside their domicile
    Proof of ResidenceAn official utility or bank statement issued within the last six months showing full name and residential address
    OthereasyMarkets may request other documents:
  • Credit/debit card statement
  • Client Acknowledgement Statement
  • Handwritten Risk Warning Statement
  • Limited Power of Attorney
  • Start Trading now at easyMarkets

    Fees, Deposits, and Withdrawals

    As with any broker, easyMarkets charges certain fees that traders should be aware of. easyMarkets does not charge a commission but is compensated through spreads.

    The minimum deposits are:

    • €/$/£100 in Europe and for VIP accounts
    • €/$/£200 outside Europe

    Aside from the minimum withdrawal of €/$/£50 via bank transfer, there are no minimum withdrawal amounts via other payment methods.

    Deposit and Withdrawal Methods

    Traders can make both deposits and withdrawals via a variety of payment methods. These are:

    Payment TypeMethodsCountriesProcessing Time**
    Credit/Debit CardsVisa, MasterCard, Maestro, American Express, JCB, AstroPayVisa - all excluding China
    American Express - all excluding APAC
    JCB - Europe only
    AstroPay - all excluding EU and Australia
    Instant
    Online BankingSoFort, GiroPay, iDeal, Local Bank Transfer, WebMoney, BPaySoFort - Germany, Austria, Belgium, Netherlands, United Kingdom only
    GiroPay - Germany only
    iDeal - Netherdlands only
    Local Bank Transfer - Malaysia and EU countries specified by Ingenico only
    WebMoney - all excluding EU and APAC
    BPay - APAC only
    1 to 5 working days
    eWalletNeteller, Skrill, FasaPayNeteller - see easyMarkets website*
    Skrill - see easyMarkets website*
    FasaPay - Indonesia only
    Instant to 1 working day
    Wire Transfer--Up to 7 working days
    OtherUnionPay, WeChatPayChina only1 working day

    *See easyMarkets.com for supported and restricted countries for Neteller and Skrill

    **Processing times are based on third-party estimates and may vary

    Deposits by wire transfer may take as much as 5 to 7 days for funds availability, while deposits through Visa and MasterCard are the fastest.

    Depositing money in an account is straightforward. Traders click on the “Deposit Funds” button on the main screen. Traders then select the deposit method of their choice, fill in the required information, and click “Submit.”

    easyMarkets offers different amounts of leverage depending on the CFD product.

    Traders should consult the easyMarkets website for specific leverage allowances for each product. Each CFD also has specific easyMarkets margin requirements that traders must maintain. Traders who fall below the easyMarkets margin requirements risk receiving a margin call and having their position closed prematurely.

    Withdrawal Process

    Withdrawing funds from your easyMarkets account is easy.

    Withdrawals via bank transfer require a minimum of €/$/£50 to be withdrawn.

    All other withdrawal methods have no lower limit.

    To make a withdrawal, easyMarkets requires proof of identity (such as passport or ID card) and proof of address (such as utility bill or bank statement).

    The proof of address cannot be older than 6 months and must show the customer’s full name and residential address. Other documents, such as credit card statements may be required depending on your account activity. easyMarkets notifies customers if it requires additional documentation.

    Withdrawal Times

    Customers should consult the Deposits & Withdrawals section of the easyMarkets website for details about withdrawal times.

    easyMarkets processes all withdrawal requests within a day of receiving them. However, depending on the final destination of the withdrawal, it may take between 3 to 10 business days for funds to arrive.

    Start Trading now at easyMarkets

    Spreads and Commissions

    easyMarkets does not charge commissions per trade — instead they are compensated via spreads. Spreads vary based on the product, as well as the trading platform used by the trader, namely the web trader/app and MetaTrader 4.

    Note: Where the spreads tables below state “N/A,” the instrument has no fixed spread.

    easyMarkets does not charge credit or debit card fees.

    Forex

    easyMarkets Forex Spreads

    InstrumentFixed Spreads on:
    PlatformWeb Trader / AppMetaTrader 4 (MT4)
    EUR / USD10.9
    GBP / USD1.71.3
    USD / JPY1.51
    AUD / USD1.51.2
    NZD / USD2.72.3
    EUR / GBP21.5
    USD / CAD2.32
    EUR / JPY2.21.8
    USD / CHF21.5
    GBP / JPY42.5
    USD / PLN3535
    USD / CZK50N/A
    USD / HKD97
    USD / SGD54
    USD / MXN250200
    USD / SEK110100
    USD / NOK110100
    USD / ILS70N/A
    USD / ZAR130100
    USD / CNH3525
    EUR / CHF3.52.3
    EUR / AUD32
    EUR / NZD64
    EUR / CAD43
    EUR / PLN4035
    EUR / CZK100N/A
    EUR / SGD105
    EUR / MXN70N/A
    EUR / SEK110100
    EUR / NOK110100
    EUR / ILS80N/A
    EUR / ZAR160140
    EUR / CNH6035
    GBP / CHF53.5
    GBP / AUD43
    GBP / NZD65
    GBP / CAD54
    GBP / PLN4050
    GBP / SGD2015
    GBP / SEK90N/A
    GBP / NOK70N/A
    GBP / ILS85N/A
    GBP / ZAR250200
    CHF / JPY43
    CHF / AUD42.5
    CHF / SEK60N/A
    CHF / NOK65N/A
    AUD / JPY32
    AUD / NZD43.8
    AUD / CAD3.53
    AUD / SGD85
    AUD / ZAR150N/A
    AUD / CNH5545
    NZD / JPY4.53.5
    NZD / CHF8N/A
    NZD / CAD8N/A
    NZD / ZAR200N/A
    CAD / JPY43
    CAD / CHF53
    NOK / SEK10N/A
    ZAR / JPY3N/A
    CNH / JPY110100

    Metals

    easyMarkets Metal Spreads

    InstrumentFixed Spreads with:
    Web Trader / AppMetaTrader 4 (MT4)
    XAU / USD4035
    XAU / EUR50N/A
    XAU / GBP130N/A
    XAU / JPY100N/A
    XAU / CHF100N/A
    XAU / AUD120N/A
    XAU / NZD180N/A
    XAU / CAD180N/A
    XAU / XAG950N/A
    XAU / SGD180N/A
    XAG / USD400300
    XAG / EUR500N/A
    XAG / GBP750N/A
    XAG / CHF700N/A
    XAG / AUD650N/A
    XAG / NZD800N/A
    XAG / CAD500N/A
    XAG / SGD800N/A
    XPT / USD450250
    XPD / USD25002350
    CPR / USD4540

    Other Commodities

    easyMarkets Other Commodities Spreads

    InstrumentFixed Spreads with:
    PlatformWeb Trader / AppMetaTrader 4 (MT4)
    OIL / USD43
    GAS / USD10050
    BRT / USD43
    HEO / USD2520
    NGS / USD125
    WHT / USD140110
    CRN / USD130100
    CTN / USD1918
    SOY / USD200180
    CFE / USD7060
    SGR / USD43
    CCO / USD76

    Indicies

    easyMarkets Indicies Spreads

    InstrumentFixed Spreads with:
    PlatformWeb Trader / AppMetaTrader 4 (MT4)
    SPI / USD0.750.5
    DOW / USD43
    NDQ / USD1.751.5
    FTS / GBP2.42.2
    DAX / EUR21.8
    ESX / EUR42
    CAC / EUR21.5
    SWI / CHF43
    ASX / AUD21
    NKI / USD1210
    HSX / HKD1410
    CNX / USD2515
    IND / USD55
    USX / USD44
    VXX / USD20N/A

    Cryptocurrencies

    easyMarkets Cryptocurrencies Spreads

    InstrumentFixed Spreads from:
    PlatformWeb Trader / AppMetaTrader 4
    BTC / USD40 USD35 USD
    XRP / USD0.004 USD0.0035 USD
    ETH / USD2.50 USD2 USD

    Shares

    easyMarkets Shares Spreads

    InstrumentFixed Spreads from:
    PlatformWeb Trader / AppMetaTrader 4 (MT4)
    BAB / USD0.2N/A
    AMZ / USD2.5N/A
    APL / USD0.3N/A
    FBK / USD0.2N/A
    NFX / USD0.4N/A
    TSL / USD1N/A
    CCA / USD0.09N/A
    INT / USD0.1N/A
    JNJ / USD0.19N/A
    MCD / USD0.35N/A
    MSF / USD0.3N/A
    FRD / USD0.04N/A
    CVX / USD0.25N/A
    VSA / USD0.2N/A
    ATT / USD0.07N/A
    CSC / USD0.06N/A
    EXO / USD0.19N/A
    ADS / EUR0.5N/A
    ALV / EUR0.37N/A
    BAY / EUR0.28N/A
    BNP / EUR0.22N/A
    CBK / EUR0.07N/A
    DAI / EUR0.1N/A
    IBE / EUR0.04N/A
    LVT / EUR0.4N/A
    SIE / EUR0.19N/A
    VOW / EUR0.44N/A
    ANZ / AUD0.03N/A
    BHP / AUD0.06N/A
    CBA / AUD0.1N/A
    CSL / AUD0.50N/A
    GMG / AUD0.02N/A
    IAG / AUD0.03N/A
    MQG / AUD0.50N/A
    NAB / AUD0.03N/A
    RIO / AUD0.15N/A
    SUN / AUD0.03N/A
    TLS / AUD0.02N/A
    WES / AUD0.08N/A
    WBC / AUD0.03N/A
    WPL / AUD0.07N/A
    WOW / AUD0.07N/A
    TCT / HKD1.2N/A
    AIA / HKD0.28N/A
    HBC / HKD0.22N/A
    BOC / HKD0.03N/A
    CNO / HKD0.07N/A
    TOY / JPY13N/A
    SFT / JPY8N/A
    SNY / JPY10N/A
    MZH / JPY0.3N/A
    HON / JPY5N/A

    Start Trading now at easyMarkets

    Mobile Platform Review

    Much like the desktop platform, the easyMarkets mobile application has plenty of useful trading features and tools to offer on both iOS and Android. Traders can download the app from the Google Play Store or the Apple App Store.

    Mobile Registration

    Once traders download the app, they are welcomed with an immediately available and usable demo.

    easymarkets mobile dashboard
    This screenshot is only an illustration. Current market prices can be found on the broker website.

    The introductory screen is a list of browsable asset classes and products, along with a simple three-item menu at the bottom.

    Traders can upgrade to a real account by tapping the “My Account” menu item at the bottom of the screen and selecting the “Make a Deposit” button.

    easymarkets mobile menu

    Types of Mobile Trading

    The mobile app offers three ways to trade:

    1. easyTrade
    2. Day Trade
    3. Pending Order.
    easymarkets mobile illustration
    This screenshot is only an illustration. Current market prices can be found on the broker website.

    The execution screen has a simple design where traders can set amounts, risk limits and dealCancelation rates with the slide of a finger.

    Traders wanting to execute forwards or vanilla options trades will need to use the desktop trader accessible via web or alternatively, the MT4 trader.

    Mobile Trading Tools

    The mobile app isn't as feature-rich as the web trader. Nonetheless, this does not mean that traders lack sufficient tools to analyze, gather insight, and assist efficient trade executions while on-the-go.

    The primary mobile trading features include:

    • dealCancelation: as with the desktop trader, traders can cancel deals with considerably lower losses up to six hours after the execution time.
    • Inside Viewer: a sentiment indicator that shows the percentage of buyers and sellers during a trade execution.
    • Market Explorer: full list of browsable and tradable assets on offer.
    • Notifications: the option to receive notifications via SMS or the App.
    • Live Rate Graphs: live indicators to gather insight on price movements.
    • Financial Calendar: on-the-go updates on relevant financial events.

    Start Trading now at easyMarkets

    easyMarkets Desktop Platform Review

    The web-based platform allows traders to navigate quickly and easily between different trading instruments.

    Dashboard, Product Browsing, and Trading Tools

    Upon logging in, traders are welcomed by a list of asset classes and products on the left hand side, a trading ticket in the middle of the screen, and a comprehensive trading tool on the right.

    The upper menu of the screen contains the available balance, amount at risk, profit/loss statistics, and the CFD margin level. A “Deposit Funds” button is located on the right of these statistic.

    easymarkets dashboard
    This screenshot is only an illustration. Current market prices can be found on the broker website.

    The trading tool can also be shuffled to function as a:

    • Charting Tool: including templating, custom indicators, chart comparison, candle charting, timer, as well as custom drawing and patterning.
    • Financial Calendar: events deemed significant by easyMarkets, customizable by time-frame and relevance.
    • Technical Analysis Hub: detailed analytics and reports provided by easyMarkets.
    • Market News Hub: compilation of articles published by reputable sources within the world of finance and trading.

    Trade Types

    The trading ticket allows traders to choose between the different types of trade categories that easyMarkets offers:

    • easyTrade: with dealCancellation.
    • Day and Spot: traders are required to select the trade amount, risk rate, and freeze rate.
    • Forwards: the same requirements as day and spot trades, along with a forward date.
    • Pending Orders: traders must select the amount, risk rate, and limit rate.
    easymarkets trade execution
    This screenshot is only an illustration. Current market prices can be found on the broker website.

    easyTrade also offers Vanilla Options with Forex instruments.

    Features in Detail

    Main Trading Screen: The platform’s main trading screen gives traders access to the more than 300 different instruments without the need to pull up additional windows. The main page is set up in a logical and intuitive way.

    Market Explorer Engine: This panel contains the live prices and symbols of popular instruments traded on easyMarkets. Traders can search for a particular instrument by entering the name into the search engine box (or even a nickname such as Kiwi for New Zealand dollar). Alternatively, traders can navigate by category through the different asset classes and pull up the relevant trade ticket for each financial instrument. Traders can click on the star to create a favorites list.

    easymarkets asset browsing
    This screenshot is only an illustration. Current market prices can be found on the broker website.

    Account Management: This panel opens via the hamburger menu on the main screen. From here, traders can access profile settings, reports, activity logs, and learning resources.

    easymarkets menu

    Under the menu there is another “Deposit Funds” option along with a demo/live account toggle, and a live chat functionality.

    easymarkets demo toggle

    Chart Window: This large panel below the trading ticket displays the chart for the trading instrument the trader enters into the ticket.

    Traders can configure the chart with customized indicators and technical analysis tools. Traders can also chart each instrument on multiple time frames.

    easymarkets charting
    This screenshot is only an illustration. Current market prices can be found on the broker website.

    The trade ticket also has four other tabs attached to it.

    1. Open Trades Panel: This panel shows the trader’s active, pending and closed trades.
    2. Market News: This tab shows headlines from leading market news services.
    3. Financial Calendar: This very useful tool shows the dates and times for key upcoming economic announcements.
    4. Trading Signals: A Technical Analysis Report for financial instruments traded on the platform.

    Next to the chart window is one of the more useful features of the platform — the market sentiment tool. This shows what other traders on the platform are trading.

    Other Useful Trading Tools

    easyMarkets offers a variety of trading conditions. These are:

    • Negative Balance Protection: traders can't lose more money than the initially deposited sum.
    • Stop-Loss Protection: the ability to place an order with a particular price point in the future to either buy or sell a product.
    • No Slippage: slippage protection prevents traders in times of severe volatility when the actual price of a product may differ from the expected price by a significant amount.
    • Freeze Rate: a unique tool at easyMarkets that allows you to execute the trade at which you initially clicked the buy/sell button at.
    • dealCancellation: another unique easyMarkets tool that let's you cancel your trade up to one, three, or six hours from the time of execution for a small fee, returning the majority of your initially traded funds.

    MetaTrader 4

    The easyMarkets MT4 platform is well-designed with excellent features for both new and intermediate traders.

    Some of the highlight features include:

    • One-click CFD trading
    • Custom trading templates
    • Multiple-order types (market and pending)
    • 80+ markets with easyMarkets.

    There are also 14 available currencies with MT4, namely: USD, GBP, EUR, CAD, AUD, ILS, CNY, NZD, NOK, CHF, JPY, PLN, SGD, ZAR.

    Its well-integrated features make the easyMarkets MT4 platform stand out from other systems.

    Traders can access their open orders and a ticket window, sentiment indicators, and contract information by simply clicking on a symbol in the Market Explorer Engine. All features are linked together and accessible from a single screen.

    easyMarkets Demo Account

    Traders can easily switch between the demo and the live trading accounts.

    easymarkets demo account
    This screenshot is only an illustration. Current market prices can be found on the broker website.

    easyMarkets used to have a 7 day limit on their demo accounts, however, currently there is no expiry time frame given.

    Customer Support

    easyMarkets offers multiple support avenues on all platforms. All users and website visitors may use the following support methods:

    • Email
    • Phone
    • Live Chat
    • Messenger
    • WhatsApp
    • Viber.

    The support team is available 24-hours-a-day, 5-days a week Monday to Friday).

    Start Trading now at easyMarkets

    easyMarkets Education Resources

    The easyMarkets Learning Centre provides extensive resources and educational materials for traders of all skill levels:

    • Getting Started: This beginners’ section has training videos including Introduction to Options and What is Forex?
    • Free Trading Course: a completely free training course designed for beginners with video material.
    • Webinars: easyMarkets offers webinars on a variety of topics for traders of all skill levels. They are taught by experienced traders and cover advanced topics of interest to traders.
    • Discover Series: This educational video series covers the history and event drivers of the broker’s most popular trading pairs.
    • eBooks: These PDF format books cover everything from technical analysis to trading psychology.
    • Trading Glossary: an alphabetical compilation of words and terms that are common in the trading world.
    • Knowledge Base: These written materials and videos cover trading, easyMarkets products, the MT4 platform, financial analysis and much more.
    easymarkets ebooks

    Start Trading now at easyMarkets

    FAQs

    Here are a few frequently asked questions for new and existing easyMarkets traders.

    Is easyMarkets a good platform?

    easyMarkets offers over 300 products to trade on desktop, mobile, and all other responsive devices — it is an established broker regulated by CySec and ASIC. Whether easyMarkets is a “good” broker or not will depend on the trader's individual needs.

    What type of CFDs does easyMarkets offer?

    easyMarkets offers more than 200 CFD products across six different asset classes, namely, cryptocurrencies, commodities, metals, indices, currency pairs, and shares. CFDs can be traded by Day trading, Pending Orders, Forwards trading, or Options. easyMarkets users can trade CFDs on both desktop and responsive devices.

    What is the minimum deposit with easyMarkets?

    The minimum deposit at easyMarkets for European and VIP traders is €/$/£100. Traders outside Europe with a standard account are required to deposit a minimum of €/$/£200. There are over 15 different payment methods to choose from when making a deposit, including credit/debit cards, eWallets, and wire transfers.

    Does easyMarkets offer cryptocurrencies?

    Yes, easyMarkets offers three major cryptocurrencies — Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). All three cryptocurrencies have a maximum leverage of 1:2 for standard trading accounts. Markets are open from 22:00, Sunday (GMT) to 21:00, Friday (GMT). easyMarkets also offers a free Bitcoin eBook on their website.

    What do I get with the easyMarkets VIP account?

    Traders with VIP (or “professional”) accounts have a lower minimum deposit requirement, a higher maximum leverage of 1:30, and a personal accounts manager. The VIP accounts also come with the easyMarkets' advanced trading tools like dealCancellation, guaranteed stop/loss limits, and negative balance protection. VIP account perks vary based on which platform traders use (web/app or MetaTrader 4).

    Start Trading now at easyMarkets

    Credits: Original easyMarkets review written by Lawrence Pines. Major updates and additions in May 2020 by Marko Csokasi with contributions from the Commodity.com editorial team.

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